ALMENA HOUSING AUTHORITY (EIN 391497832) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

ALAN R GABE

Phone

7153573320

Tax Period

2024-01-01 to 2024-12-31

ALMENA HOUSING AUTHORITY, founded in 1981, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Expenses of $67K left a modest 12% surplus.

Mission

TO PROVIDE AFFORDABLE LOW INCOME HOUSING TO THE ALMENA, WISCONSIN AREA.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $71,783

Investment Income $4,291

Other Revenue $0

TOTAL REVENUE $76,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,182

Fundraising Expenses $0

Program Expenses $59,103

Other Expenses $43,030

TOTAL EXPENSES $67,212

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,074	$75,523	+0.0%
Expenses	$67,212	$59,493	+0.1%
Net Income	$8,862	$16,030	-0.4%

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

Governance

Voting Members

Independent Members

Employees

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

$930

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOWELL WOHLK	CHAIRMAN	1.00	Director	$270	$0	$270
TOM PICHELMAN	DIRECTOR	1.00	Director	$180	$0	$180
DON THUFTIN	DIRECTOR	1.00	Director	$180	$0	$180
JERRY NORDQUIST	CHAIRMAN	1.00	Director	$150	$0	$150
LAUREN SCHWEDERSKE	DIRECTOR	1.00	Director	$150	$0	$150
ALAN R GABE	CHAIRMAN	1.00	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	No data	No data	No data	No data
2024	$76,074	$67,212	$464,253	$8,862
2023	$75,523	$59,493	$455,258	$16,030
2022	$75,194	$68,821	$438,987	$6,373
2021	$68,812	$63,698	$432,816	$5,114
2020	$65,471	$55,011	$427,836	$10,460
2019	$64,803	$52,789	$417,105	$12,014
2018	$60,636	$77,055	$405,071	$-16,419

ALMENA HOUSING AUTHORITY