NORTHLAND LUTHERAN HOUSING FOR THE ELDERLY INC

EIN: 391302221 501(c)(3)

MARINETTE, WI

Total Revenue
$954,077
Total Expenses
$891,004
Total Assets
$1,357,659
Net Assets
$-335,327
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
WI
Principal Officer
DARRELL LANCOUR
Phone
7157320155
Tax Period
2024-01-01 to 2024-12-31

NORTHLAND LUTHERAN HOUSING FOR THE ELDERLY INC, founded in 1980, is a small nonprofit that reported $954K in total revenue in fiscal year 2024. Expenses of $891K left a modest 7% surplus.

Mission

PROVIDES HOUSING FOR LOW-INCOME, ELDERLY AND/OR DISABLED ADULTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $953,867
Investment Income $210
Other Revenue $0
TOTAL REVENUE $954,077

Expense Breakdown

Grants Paid $0
Salaries & Benefits $202,266
Fundraising Expenses $0
Program Expenses $747,530
Other Expenses $688,738
TOTAL EXPENSES $891,004

Year-over-Year Comparison

2024 2023 Change
Revenue $954,077 $1,000,431 0.0%
Expenses $891,004 $857,565 +0.0%
Net Income $63,073 $142,866 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
7
Volunteers
3

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
$139,679
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV KEITH KOLSTAD CHAIRPERSON 0.50
Officer Director
$0 $0 $0
CAROL WEISSGERBER TREASURER 0.50
Officer Director
$0 $0 $0
CATHY CRAW SECRETARY 0.50
Officer Director
$0 $0 $0
DARRELL LANCOUR CEO 1.00
Officer
$0 $23,333 $139,679
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 $954,077 $891,004 $1,357,659 $63,073
2023 $1,000,431 $857,565 $1,369,173 $142,866
2022 $861,390 $839,800 $1,302,190 $21,590
2021 $871,035 $779,931 $1,294,839 $91,104
2020 $820,975 $756,056 $1,221,916 $64,919
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NORTHLAND LUTHERAN HOUSING FOR THE ELDERLY INC with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.