LOGANSPORT, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOGANSPORT INTERFAITH HOUSING CORP DBA PINECREST MANOR, founded in 1972, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $889K left a modest 14% surplus.
LOGANSPORT INTERFAITH HOUSING CORPORATION IS AN INDIANA NOT-FOR-PROFIT AND WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 102 UNIT APARTMENT COMPLEX IN LOGANSPORT, INDIANA KNOWN AS PINCREST MANOR. IT WAS ORGANIZED PURSUANT TO SECTION 236 OF THE NATIONAL HOUSING ACT AS AMENDED. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,031,533 | $840,025 | +0.2% |
| Expenses | $889,165 | $846,998 | +0.0% |
| Net Income | $142,368 | $-6,973 | -21.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HOWARD LHAMON | PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE MECHLING | VICE PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JENNY GRANDSTAFF | SECRETARY/TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DICK FARRIS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN DAVIS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BECKY GROFF | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,031,533 | $889,165 | $2,124,435 | $142,368 |
| 2024 | $840,025 | $846,998 | $2,028,978 | $-6,973 |
| 2023 | $834,330 | $792,256 | $1,975,485 | $42,074 |
| 2022 | $829,225 | $726,949 | $1,925,387 | $102,276 |
| 2021 | $804,675 | $683,912 | $1,837,232 | $120,763 |
| 2020 | $760,050 | $674,974 | $1,710,298 | $85,076 |
| 2019 | $657,551 | $675,639 | $1,622,258 | $-18,088 |
| 2018 | $634,415 | $597,458 | $1,645,954 | $36,957 |
Compare LOGANSPORT INTERFAITH HOUSING CORP DBA PINECREST MANOR with other nonprofits in Indiana and across the country.