MILLENNIUM-JANESVILLE I INC

EIN: 392035771 501(c)(3) Housing & Shelter

ROCKFORD, IL

Total Revenue
$150,926
Total Expenses
$233,203
Total Assets
$960,427
Net Assets
$823,278
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WI
Principal Officer
BRYCE SPANGLER
Phone
8153973755
Tax Period
2024-10-01 to 2025-09-30

MILLENNIUM-JANESVILLE I INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $151K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $233K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO OWN AND OPERATE GREEN FOREST RUN I APARTMENTS LOCATED IN JANESVILLE, WI FOR 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55,843
Program Service Revenue $89,865
Investment Income $87
Other Revenue $5,131
TOTAL REVENUE $150,926

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $164,001
Other Expenses $233,203
TOTAL EXPENSES $233,203

Year-over-Year Comparison

2024 2023 Change
Revenue $150,926 $135,089 +0.1%
Expenses $233,203 $186,228 +0.3%
Net Income $-82,277 $-51,139 +0.6%
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
3
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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK AHRENS DIRECTOR 1.00
Director
$0 $0 $0
THOMAS VAN VLEET DIRECTOR/VP/SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN CONSTANTINE DIRECTOR 1.00
Director
$0 $0 $0
PERRY G HARENDA PRESIDENT/TREASURER 2.00
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 $150,926 $233,203 $960,427 $-82,277
2024 $135,089 $186,228 $1,003,167 $-51,139
2023 $134,086 $160,570 $1,019,179 $-26,484
2022 $125,992 $162,044 $1,037,039 $-36,052
2021 $121,629 $144,755 $1,046,151 $-23,126
2020 $115,377 $140,314 $1,055,002 $-24,937
2019 $111,468 $128,719 $1,083,054 $-17,251
2018 $108,649 $132,017 $1,102,249 $-23,368
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