MHDC - JOLIET % METRO HOUSING DEVELOPMENT CORP

EIN: 364110618 501(c)(3)

CHICAGO, IL

Total Revenue
N/A
Total Expenses
$2,077
Total Assets
$660,309
Net Assets
$654,776
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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
1996
Legal Domicile
IL
Principal Officer
RICHARD GONZALEZ
Phone
3122369673
Tax Period
2024-07-01 to 2025-06-30

Mission

DEVELOPMENT AND SUPPORT OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME HOUSEHOLDS

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,911
Other Expenses $2,077
TOTAL EXPENSES $2,077

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $2,077 $2,310 -0.1%
Net Income N/A $-2,310 N/A
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
3
Independent Members
3
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
3
$250,000
Total Directors
3
$250,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD GONZALEZ PRESIDENT 20.00
Officer Director
$0 $0 $250,000
JOHNNY ELIAS SECRETARY 2.00
Officer Director
$0 $0 $0
F WILLIS CARUSO TREASURER 2.00
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 $2,077 $660,309 No data
2024 No data $2,310 $660,455 No data
2023 $8,909 $7,572 $660,569 $1,337
2022 No data $1,638 $660,870 No data
2021 $10,253 $8,923 $660,870 $1,330
2020 $8,421 $9,225 $660,565 $-804
2019 $12,852 $13,708 $230,623 $-856
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