GHI LTD

EIN: 391968901 501(c)(3) Housing & Shelter

TAYLORS FALLS, MN

Total Revenue
$127,704
Total Expenses
$165,287
Total Assets
$1,196,534
Net Assets
$1,169,901
🔒

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
1999
Legal Domicile
WI
Principal Officer
LISA CORGARD
Phone
6514656841
Tax Period
2023-10-01 to 2024-09-30

GHI LTD, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $128K in total revenue in fiscal year 2023. Expenses of $165K exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDE LOW INCOME ELDERLY HOUSING.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $12,103
Program Service Revenue $112,722
Investment Income $575
Other Revenue $2,304
TOTAL REVENUE $127,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $137,195
Other Expenses $165,287
TOTAL EXPENSES $165,287

Year-over-Year Comparison

2023 2022 Change
Revenue $127,704 $130,696 0.0%
Expenses $165,287 $152,268 +0.1%
Net Income $-37,583 $-21,572 +0.7%
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
5
Independent Members
5
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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MYRON CARLSON PRESIDENT N/A
Officer
$0 $0 $0
BRIAN HANDY VICE PRESIDE N/A
Officer
$0 $0 $0
DOLORES SWENSON SECRETARY/TR N/A
Officer
$0 $0 $0
BRENT BLOMBERG DIRECTOR N/A
Director
$0 $0 $0
ROBERTA HANDY DIRECTOR N/A
Director
$0 $0 $0
LISA CORGARD MANAGER N/A
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
2024 $127,704 $165,287 $1,196,534 $-37,583
2023 $130,696 $152,268 $1,227,495 $-21,572
2022 $232,407 $152,194 $1,256,814 $80,213
2021 $125,195 $157,038 $1,179,423 $-31,843
2020 $122,700 $147,629 $1,202,343 $-24,929
2019 $126,293 $146,286 $1,223,397 $-19,993
2018 $128,694 $148,291 $1,242,271 $-19,597
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GHI LTD with other nonprofits in Minnesota and across the country.