Paducah Housing Services Inc

EIN: 371450881 501(c)(3) Housing & Shelter

Paducah, KY

Total Revenue
$837,222
Total Expenses
$87,447
Total Assets
$3,683,853
Net Assets
$3,298,853
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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
2006
Legal Domicile
KY
Principal Officer
Lasica Allen McEwen
Phone
2704504238
Tax Period
2024-04-01 to 2025-03-31

Paducah Housing Services Inc, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $837K in total revenue in fiscal year 2024. Revenue surged 975% from the prior year, signaling strong growth momentum. The organization ran a surplus of $750K, a strong 90% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING IN PADUCAH, KY

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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 $310,000
Program Service Revenue $0
Investment Income $65,815
Other Revenue $461,407
TOTAL REVENUE $837,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $87,447
Other Expenses $87,447
TOTAL EXPENSES $87,447

Year-over-Year Comparison

2024 2023 Change
Revenue $837,222 $77,867 +9.8%
Expenses $87,447 $45,059 +0.9%
Net Income $749,775 $32,808 +21.9%
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

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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
4
$113,130
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Anderson Former E.D. 4.00
Officer
$0 $0 $113,130
Melanie Nunn Chairman 0.50
Officer Director
$0 $0 $0
John Buzz Vontesmar Vice President 0.50
Officer Director
$0 $0 $0
Laura Taylor Director 0.50
Director
$0 $0 $0
Lasica Allen McEwen Current E.D. 8.00
Officer
$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 $837,222 $87,447 $3,683,853 $749,775
2024 $77,867 $45,059 $2,551,385 $32,808
2023 $58,864 $26,772 $2,518,686 $32,092
2022 $51,016 $18,939 $2,486,663 $32,077
2021 $45,981 $19,033 $2,454,145 $26,948
2020 $62,211 $23,611 $2,427,223 $38,600
2019 $41,191 $15,584 $2,388,755 $25,607
2018 $63,292 $27,939 $2,362,493 $35,353
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