ELDERLY HOUSING CORPORATION OF CLAY COUNTY MN

EIN: 411384343 501(c)(3)

DILWORTH, MN

Total Revenue
$710,838
Total Expenses
$702,495
Total Assets
$736,191
Net Assets
$-635,132
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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
MN
Phone
2182338883
Tax Period
2025-01-01 to 2025-12-31

ELDERLY HOUSING CORPORATION OF CLAY COUNTY MN, founded in 1980, is a small nonprofit that reported $711K in total revenue in fiscal year 2025.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THOSE IN NEED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $509,445
Program Service Revenue $200,945
Investment Income $448
Other Revenue $0
TOTAL REVENUE $710,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,535
Fundraising Expenses $0
Program Expenses $702,495
Other Expenses $418,960
TOTAL EXPENSES $702,495

Year-over-Year Comparison

2025 2024 Change
Revenue $710,838 $720,852 0.0%
Expenses $702,495 $714,382 0.0%
Net Income $8,343 $6,470 +0.3%
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
2
Independent Members
2
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE JESME SECRETARY/TREAS 1.00
Officer
$0 $0 $0
KEN PARKE President 1.00
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 $710,838 $702,495 $736,191 $8,343
2024 $720,852 $714,382 $711,438 $6,470
2023 $581,678 $620,371 $737,291 $-38,693
2022 $570,906 $582,356 $780,695 $-11,450
2021 $565,972 $553,266 $770,378 $12,706
2020 $592,093 $589,449 $797,301 $2,644
2019 $539,590 $585,699 $813,062 $-46,109
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