Anderson Housing Inc

EIN: 351954403 501(c)(3) Housing & Shelter

Anderson, IN

Total Revenue
$1,379,254
Total Expenses
$1,340,085
Total Assets
$1,274,674
Net Assets
$746,254
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
IN
Principal Officer
Kimberly Townsend
Phone
7656412620
Tax Period
2024-01-01 to 2024-12-31

Anderson Housing Inc, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum.

Mission

Enhancing housing opportunities for low income individuals

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,396
Program Service Revenue $540,902
Investment Income $1,232
Other Revenue $829,724
TOTAL REVENUE $1,379,254

Expense Breakdown

Grants Paid $0
Salaries & Benefits $211,658
Fundraising Expenses $0
Program Expenses $1,340,085
Other Expenses $1,128,427
TOTAL EXPENSES $1,340,085

Year-over-Year Comparison

2024 2023 Change
Revenue $1,379,254 $774,322 +0.8%
Expenses $1,340,085 $808,886 +0.7%
Net Income $39,169 $-34,564 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Sulc Chairman 005.00
Officer Director
$0 $0 $0
Terry Taylor Director 002.00
Director
$0 $0 $0
Stephanie Moran Vice President 002.00
Officer Director
$0 $0 $0
Rob Sparks Director 002.00
Director
$0 $0 $0
Mike Ward Director 002.00
Director
$0 $0 $0
Katherine Holtzleiter Director 002.00
Director
$0 $0 $0
Tersea Jones Director 002.00
Director
$0 $0 $0
Gloria Benson Director 002.00
Director
$0 $0 $0
Jerrod Oakley Director 002.00
Director
$0 $0 $0
Kimberly Townsend Executive Director 002.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,379,254 $1,340,085 $1,274,674 $39,169
2023 $774,322 $808,886 $1,360,615 $-34,564
2022 $699,691 $696,693 $1,528,856 $2,998
2021 $731,688 $707,665 $1,622,354 $24,023
2020 $1,199,105 $485,987 $2,468,979 $713,118
2019 $495,748 $447,365 $1,825,462 $48,383
2018 $473,891 $561,229 $1,915,854 $-87,338
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