NHHI - MANKATO BARRIER FREE HOUSING CORPORATION

EIN: 411455507 501(c)(3)

NEW BRIGHTON, MN

Total Revenue
$534,858
Total Expenses
$471,469
Total Assets
$698,943
Net Assets
$-1,140,561
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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
1990
Legal Domicile
MN
Principal Officer
MARTIN KRETZMANN
Phone
6516399799
Tax Period
2024-10-01 to 2025-09-30

NHHI - MANKATO BARRIER FREE HOUSING CORPORATION, founded in 1990, is a small nonprofit that reported $535K in total revenue in fiscal year 2024. Expenses of $471K left a modest 12% surplus.

Mission

TO DEVELOP, OWN, AND MANAGE AFFORDABLE HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES AND FOR SENIORS.

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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 $346,376
Program Service Revenue $175,506
Investment Income $8,395
Other Revenue $4,581
TOTAL REVENUE $534,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,692
Fundraising Expenses $0
Program Expenses $415,172
Other Expenses $330,777
TOTAL EXPENSES $471,469

Year-over-Year Comparison

2024 2023 Change
Revenue $534,858 $506,043 +0.1%
Expenses $471,469 $461,115 +0.0%
Net Income $63,389 $44,928 +0.4%
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
4
Independent Members
N/A
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
$885,843
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN KRETZMANN PRESIDENT 1.00
Officer
$0 $0 $200,857
IRENE WRIGHT VICE PRESIDE 1.00
Officer
$0 $0 $270,674
MICHAEL THOMAS SECRETARY 1.00
Officer
$0 $0 $103,433
JOANN RADEMACHER TREASURER 1.00
Officer
$0 $0 $310,879
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 $534,858 $471,469 $698,943 $63,389
2024 $506,043 $461,115 $719,812 $44,928
2023 $478,270 $430,355 $725,542 $47,915
2022 $457,133 $414,582 $738,044 $42,551
2021 $436,431 $435,693 $752,699 $738
2020 $452,325 $460,424 $807,477 $-8,099
2019 $440,915 $491,831 $868,306 $-50,916
2018 $437,549 $469,104 $987,780 $-31,555
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