Chicago, IL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Heartland Housing is a community housing development organization which facilitates the development of people through the preservation and creation of affordable and supportive housing with the priority of meeting the needs of homeless persons and families, very low income individuals and persons with chronic disabilities. The organization was in receivership during fiscal year 2024 and is no longer engaged in the day to day operations and management of the housing properties.
Heartland Housing, Inc. was created as a non-profit 501(c)(3) affordable housing development in 1989. Heartland owned and managed 1,279 affordable housing units in the city of Chicago, Madison...
Heartland Housing, Inc. was created as a non-profit 501(c)(3) affordable housing development in 1989. Heartland owned and managed 1,279 affordable housing units in the city of Chicago, Madison, Wisconsin, and parts of Milwaukee. All of properties were placed into receiverships as of May/June 2023. As a result of the receiverships, the organization is no longer engaged in the day-to-day operations or management of the properties and does not have control or possession of the properties. Heartland Housing is cooperating with the receivers and other interested parties to transfer ownership of all properties.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | N/A | $2,522,693 | -1.0% |
| Expenses | N/A | $3,224,112 | -1.0% |
| Net Income | N/A | $-701,419 | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dan Lezotte | Board Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| David Wells | Deputy Chief Admin Officer (part year) | 10.0 |
Officer
Director
|
$0 | $33,609 | $240,778 |
| Don Laackman | Interim President / CEO (part year) | 10.0 |
Officer
Director
|
$0 | $44,696 | $293,398 |
| John Martin | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Julia Getzels | General Counsel/Secretary (part year) | 10.0 |
Officer
Director
|
$0 | $61,172 | $297,288 |
| Paul Wilkowski | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Evelyn Diaz | President/CEO (part year) | 5.0 |
Officer
|
$0 | $64,935 | $335,709 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,522,693 | $3,224,112 | $-9,704,339 | $-701,419 |
| 2022 | $4,305,004 | $3,457,500 | $62,964,341 | $847,504 |
| 2021 | $6,250,781 | $4,134,099 | $62,362,364 | $2,116,682 |
| 2020 | $8,424,155 | $3,982,671 | $60,199,671 | $4,441,484 |
| 2020 | $8,424,155 | $3,982,671 | $60,199,671 | $4,441,484 |
| 2019 | $12,844,783 | $3,774,500 | $58,001,709 | $9,070,283 |
| 2018 | $12,774,338 | $5,451,320 | $49,103,335 | $7,323,018 |
Compare Heartland Housing Inc with other nonprofits in Illinois and across the country.