DEKALB COUNTY RESIDENTIAL DEV CORP (EIN 363793777) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

MITCHEL T HALLGREN

Phone

8157582692

Tax Period

2024-01-01 to 2024-12-31

DEKALB COUNTY RESIDENTIAL DEV CORP, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $530K in total revenue in fiscal year 2024. The organization ran a surplus of $225K, a strong 42% operating margin.

Mission

Our exempt purpose is to provide decent, safe and sanitary housing for persons of low income in DeKalb County, IL, through the purchase, construction, management, operation, rental or sale of housing units.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,500

Program Service Revenue $426,665

Investment Income $90,254

Other Revenue $0

TOTAL REVENUE $530,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $305,722

Other Expenses $305,722

TOTAL EXPENSES $305,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$530,419	$509,237	+0.0%
Expenses	$305,722	$292,277	+0.0%
Net Income	$224,697	$216,960	+0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Castle	Director/Secretary	001.00	Officer Director	$0	$0	$0
Shelly Perkins	Director/Treasurer	001.00	Officer Director	$0	$0	$0
Mitchel Hallgren	Director/President	001.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$530,419	$305,722	$2,951,242	$224,697
2023	$509,237	$292,277	$2,723,288	$216,960
2022	$369,883	$270,875	$2,551,437	$99,008
2021	$359,675	$242,699	$2,401,723	$116,976
2020	$347,550	$260,479	$2,288,583	$87,071
2019	$346,553	$262,227	$2,199,591	$84,326
2018	$336,283	$230,217	$2,771,451	$106,066

DEKALB COUNTY RESIDENTIAL DEV CORP