THE RIO HOUSING ASSOCIATION INC C/O ACCORD PROPERTY MANAGEMENT (EIN 391897157) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Principal Officer

KARRIE LANDSVERK

Phone

6088384000

Tax Period

2023-07-01 to 2024-06-30

THE RIO HOUSING ASSOCIATION INC C/O ACCORD PROPERTY MANAGEMENT, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $133K in total revenue in fiscal year 2023. Expenses of $153K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE HOUSING TO VERY LOW INCOME ELDERLY PERSONS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $131,714

Investment Income $8

Other Revenue $1,562

TOTAL REVENUE $133,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,640

Fundraising Expenses $0

Program Expenses $99,590

Other Expenses $116,453

TOTAL EXPENSES $153,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,284	$126,707	+0.1%
Expenses	$153,093	$150,499	+0.0%
Net Income	$-19,809	$-23,792	-0.2%

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

Volunteers

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
GERALD TRAUT	PRESIDENT - PART YEAR	1.00	Officer Director	$0	$0	$0
RICHARD KLEIST	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KARRIE LANDSVERK	SECRETARY/PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF BECKER	DIRECTOR	1.00	Director	$0	$0	$0
STAN STOFFLET	DIRECTOR	1.00	Director	$0	$0	$0
MARY GILBERTS	MANAGER	10.00	Officer	$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	$133,284	$153,093	$640,099	$-19,809
2023	$126,707	$150,499	$659,740	$-23,792
2022	$122,150	$154,680	$683,057	$-32,530
2021	$123,263	$150,772	$724,788	$-27,509
2020	$121,044	$142,452	$744,011	$-21,408
2019	$112,641	$150,919	$764,763	$-38,278
2018	$113,058	$130,233	$809,421	$-17,175

THE RIO HOUSING ASSOCIATION INC C/O ACCORD PROPERTY MANAGEMENT