NORTHWESTERN APARTMENTS INC (EIN 411355672) - 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

1980

Legal Domicile

Principal Officer

SHAUNA REITMEIER

Phone

2182813940

Tax Period

2024-07-01 to 2025-06-30

NORTHWESTERN APARTMENTS INC, founded in 1980, is a small nonprofit that reported $118K in total revenue in fiscal year 2024. Expenses of $184K exceeded revenue, resulting in a 56% operating deficit.

Mission

PROVIDE QUALITY HOUSING WITH SUPPORTS FOR ADULT CONSUMERS, WITH SEVERE AND PERSISTENT MENTAL ILLNESS, PRIMARILY FROM MEMBER COUNTIES. SERVICES ARE DESIGNED TO DEVELOP FUNCTIONAL SKILLS AND SUPPORTS TO MAINTAIN THEIR PSYCHIATRIC STABILITY AND LIVE AS INDEPENDENTLY AS POSSIBLE IN THEIR COMMUNITY OF CHOICE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $115,431

Investment Income $123

Other Revenue $2,632

TOTAL REVENUE $118,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,143

Fundraising Expenses $0

Program Expenses $88,460

Other Expenses $116,146

TOTAL EXPENSES $184,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,186	$111,078	+0.1%
Expenses	$184,289	$173,198	+0.1%
Net Income	$-66,103	$-62,120	+0.1%

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

N/A

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

$334,594

Total Directors

$1,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN AHMANN	PRESIDENT	1.00	Officer Director	$180	$0	$180
CRYSTAL PETERSON	MEMBER	1.00	Director	$60	$0	$60
MAUREEN HAMS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BRUCE REEVES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GAIL MYERS	MEMBER	1.00	Director	$240	$0	$240
NATHAN REDLAND	MEMBER	1.00	Director	$240	$0	$240
CALLEN WEISPFENNIG	MEMBER	1.00	Director	$240	$0	$240
KYLEE NESS	MEMBER	1.00	Director	$240	$0	$240
HAVEN KUEHN	MEMBER	1.00	Director	$120	$0	$120
SHAUNA REITMEIER	EXECUTIVE DIRECTOR	1.00	Officer	$0	$19,742	$207,938
RACHAEL KANGESIER	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$0	$126,476

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	$118,186	$184,289	$201,704	$-66,103
2024	$111,078	$173,198	$217,088	$-62,120
2023	$102,235	$162,253	$233,698	$-60,018
2022	$102,578	$103,132	$184,814	$-554
2021	$110,372	$104,343	$203,371	$6,029
2020	$110,593	$103,130	$199,202	$7,463
2019	$103,565	$113,304	$210,848	$-9,739

NORTHWESTERN APARTMENTS INC