GRACEVILLE RURAL RENTAL HOUSINGINC

EIN: 411273335

MONTEVIDEO, MN

Total Revenue
$189,573
Total Expenses
$380,977
Total Assets
N/A
Net Assets
N/A
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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
1975
Legal Domicile
MN
Tax Period
2021-01-01 to 2021-12-31

GRACEVILLE RURAL RENTAL HOUSINGINC, founded in 1975, is a small nonprofit that reported $190K in total revenue in fiscal year 2021. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $381K exceeded revenue, resulting in a 101% operating deficit.

Mission

LOW RENT 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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $149,337
Investment Income $37,100
Other Revenue $3,136
TOTAL REVENUE $189,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,778
Fundraising Expenses $0
Program Expenses $352,626
Other Expenses $363,199
TOTAL EXPENSES $380,977

Year-over-Year Comparison

2021 2020 Change
Revenue $189,573 $163,186 +0.2%
Expenses $380,977 $174,106 +1.2%
Net Income $-191,404 $-10,920 +16.5%
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
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE STOTESBERY DIRECTOR 0.00
Director
$0 $0 $0
MARY CONNELLY DIRECTOR 0.00
Director
$0 $0 $0
BETTY HUSBY DIRECTOR 0.00
Director
$0 $0 $0
SCOTT BAUER PRESIDENT 0.00
Officer Director
$0 $0 $0
DARLENE WARD TREASURER 0.00
Officer 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
2021 $189,573 $380,977 No data $-191,404
2020 $163,186 $174,106 $311,033 $-10,920
2019 $178,747 $161,799 $331,663 $16,948
2018 $185,363 $183,947 $330,325 $1,416
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