HOME CONVERSIONS INC

EIN: 391637297 501(c)(3) Housing & Shelter

RICE LAKE, WI

Total Revenue
N/A
Total Expenses
$51,415
Total Assets
$2,707
Net Assets
$2,707
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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
1979
Legal Domicile
WI
Principal Officer
BRETT GERBER
Phone
7154341717
Tax Period
2022-01-01 to 2022-12-31

Mission

PROVIDE LOW INCOME HOUSING

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $51,415
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,415
Other Expenses $0
TOTAL EXPENSES $51,415

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $407,298 -1.0%
Expenses $51,415 $431,192 -0.9%
Net Income N/A $-23,894 N/A
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
1
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
2
$729,095
Total Directors
3
$862,675
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT GERBER PRESIDENT/CEO 1.00
Officer Director
$0 $135,992 $580,678
TERRA PAWLIUK-MCGIFFIN SECRETARY/TREASURER 1.00
Officer Director
$0 $35,825 $148,417
CAROLINE LOYAS DIRECTOR 1.00
Director
$0 $27,978 $133,580
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
2022 No data $51,415 $2,707 No data
2021 $407,298 $431,192 $54,122 $-23,894
2020 $44,863 $44,895 $84,087 $-32
2019 $704,079 $52,235 $84,051 $651,844
2018 $1,561,503 $184,821 $355,213 $1,376,682
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