MARINETTE, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
NORTHLAND VILLAGE IS A 100 UNIT, U.S. DEPT OF HUD SUBSIDIZED INDEPENDENT LIVING RETIREMENT COMPLEX DESIGNED FOR SECURE AND MAINTENANCE FREE LIVING FOR LOW-INCOME, ELDERLY AND/OR DISABLED ADULTS. IT IS DESIGNED TO PROVIDE A SECURE AND COMFORTABLE LIFESTYLE THAT IS FREE FROM THE CARE AND WORRY OF HOME MAINTENANCE AND UPKEEP.
NORTHLAND VILLAGE PROVIDED SUBSIDIZED HOUSING FOR LOW-INCOME ELDERLY INDIVIDUALS WITH AN AVERAGE OCCUPANCY RATE OF 88%. NORTHLAND VILLAGE IS CONTINUING TO REMODEL APARTMENTS ALLOWING THEM TO BE...
NORTHLAND VILLAGE PROVIDED SUBSIDIZED HOUSING FOR LOW-INCOME ELDERLY INDIVIDUALS WITH AN AVERAGE OCCUPANCY RATE OF 88%. NORTHLAND VILLAGE IS CONTINUING TO REMODEL APARTMENTS ALLOWING THEM TO BE HANDICAPPED ACCESSIBLE. BESIDES HOUSING, NORTHLAND VILLAGE OFFERS SERVICES OF A SERVICE COORDINATOR WHO ASSISTS RESIDENTS BY PROVIDING ASSESSMENTS OF THEIR NEEDS FOR COMMUNITY, FINANCIAL AND PHYSICAL NEEDS. OTHER SERVICES OFFERED INCLUDE VAN TRANSPORTATION, YEARLY FLU SHOTS, BEAUTY SHOP SERVICES AND ACTIVITIES WITHIN THE FACILITY AND SURROUNDING COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare NORTHLAND LUTHERAN HOUSING FOR THE ELDERLY INC with other nonprofits in Wisconsin and across the country.