HOUSING AUTHORITY VILLAGE OF NORWA… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

DOUGLAS GNEWIKOW

Phone

6087841381

Tax Period

2025-01-01 to 2025-12-31

HOUSING AUTHORITY VILLAGE OF NORWALK, founded in 1982, is a small nonprofit that reported $128K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $286K represent 27 months of operating reserves.

Mission

PROVIDE 16 UNITS OF AFFORDABLE HOUSING TO LOW INCOME ELDERLY AND HANDICAPPED.

Program Service Accomplishments

Program 1

Expenses: $108,241 Revenue: $127,708

PROVIDE 16 UNITS OF AFFORDABLE HOUSING TO LOW-INCOME ELDERLY AND HANDICAPPED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $127,157

Investment Income $20

Other Revenue $551

TOTAL REVENUE $127,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,680

Fundraising Expenses $0

Program Expenses $108,241

Other Expenses $120,064

TOTAL EXPENSES $125,744

Year-over-Year Comparison

	2025	2024	Change
Revenue	$127,728	$109,576	+0.2%
Expenses	$125,744	$95,006	+0.3%
Net Income	$1,984	$14,570	-0.9%

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

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
DOUGLAS GNEWIKOW	PRESIDENT	0.25	Director	$0	$0	$0
HENRY VIAN	VICE PRESIDENT	0.25	Director	$0	$0	$0
THERESA CUNITZ	SECRETARY	0.25	Director	$0	$0	$0
JEAN BARDEEN	TREASURER	0.25	Director	$0	$0	$0
JANA MUEHLENKAMP	MEMBER	0.25	Director	$0	$0	$0
JOYCE SCHREIER	MEMBER	0.25	Director	$0	$0	$0
BARB ORNEX	MEMBER	0.25	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	$127,728	$125,744	$506,906	$1,984
2024	$109,576	$95,006	$510,844	$14,570
2023	$87,143	$56,955	$507,825	$30,188
2022	$74,639	$53,310	$484,923	$21,329
2021	$72,484	$73,515	$474,014	$-1,031
2020	$78,073	$104,968	$500,513	$-26,895
2019	$70,108	$56,779	$507,147	$13,329
2018	$64,749	$51,240	$503,802	$13,509

HOUSING AUTHORITY VILLAGE OF NORWALK