HOMESTEAD CORPORATION OF CHAMPAIGN URBANA (EIN 371314292) - 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

1993

Legal Domicile

Principal Officer

TOM HODSON

Tax Period

2024-01-01 to 2024-12-31

HOMESTEAD CORPORATION OF CHAMPAIGN URBANA, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $186K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $222K exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES

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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 $100,355

Program Service Revenue $79,166

Investment Income $0

Other Revenue $6,429

TOTAL REVENUE $185,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,702

Fundraising Expenses $0

Program Expenses $192,707

Other Expenses $185,817

TOTAL EXPENSES $221,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,950	$162,468	+0.1%
Expenses	$221,519	$152,552	+0.5%
Net Income	$-35,569	$9,916	-4.6%

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
ROBIN ARBITER	DIRECTOR	N/A	Director	$0	$0	$0
EMILY BARNUM	DIRECTOR	N/A	Director	$0	$0	$0
TOM HODSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
ARIANN AGRAMONTE HOLTERMAN	DIRECTOR	N/A	Director	$0	$0	$0
KIMBERLY OTCHERE	TREASURER	N/A	Officer Director	$0	$0	$0
JASMINE ROUTON	SECRETARY	N/A	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
2024	$185,950	$221,519	$724,117	$-35,569
2023	$162,468	$152,552	$757,891	$9,916
2022	$138,823	$143,655	$761,743	$-4,832
2021	$165,538	$182,963	$788,242	$-17,425
2020	$281,376	$245,933	$866,135	$35,443
2019	$135,989	$158,237	$832,671	$-22,248
2018	$155,727	$180,615	$862,780	$-24,888

HOMESTEAD CORPORATION OF CHAMPAIGN URBANA