CHAMPAIGN COUNTY HOUSING DEVELOPMENT CORPORATION (EIN 371302218) - 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

GARY WILSON

Phone

2178922711

Tax Period

2024-01-01 to 2024-12-31

CHAMPAIGN COUNTY HOUSING DEVELOPMENT CORPORATION, founded in 1991, is a small nonprofit that reported $513K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $2.1M represent 50 months of operating reserves.

Mission

PROVIDE LOW-INCOME HOUSING TO 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $439,706

Investment Income $47,334

Other Revenue $25,719

TOTAL REVENUE $512,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,765

Fundraising Expenses $0

Program Expenses $498,348

Other Expenses $267,583

TOTAL EXPENSES $498,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$512,759	$468,189	+0.1%
Expenses	$498,348	$485,140	+0.0%
Net Income	$14,411	$-16,951	-1.9%

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

Volunteers

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
HERM FOGAL	PRESIDENT	N/A	Director	$0	$0	$0
HANK GAMEL	VICE PRESIDE	N/A	Director	$0	$0	$0
TRESA MCNICOL	DIRECTOR	N/A	Director	$0	$0	$0
ROSANELLY NAVARRETE	DIRECTOR	N/A	Director	$0	$0	$0
JANE STEWART	SECRETARY/TR	N/A	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
2024	$512,759	$498,348	$2,218,522	$14,411
2023	$468,189	$485,140	$2,178,248	$-16,951
2022	$441,173	$500,205	$2,197,019	$-59,032
2021	$377,353	$372,620	$2,255,013	$4,733
2020	$416,562	$335,596	$2,245,735	$80,966
2019	$419,210	$394,878	$2,175,501	$24,332

CHAMPAIGN COUNTY HOUSING DEVELOPMENT CORPORATION