MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WEST BANK COMMUNITY HOUSING CORPORATION, founded in 1982, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $525K, a strong 49% operating margin.
THROUGH THE OWNERSHIP OF VARIOUS ASSETS, THE ORGANIZATION IMPROVES THE QUALITY OF LIFE OF RESIDENTS BY MAINTAINING AND PRESERVING AFFORDABLE HOUSING STOCK AND COMMERCIAL BUILDINGS, GIVING RESIDENTS A VOICE IN THE DECISION MAKING PROCESS RELATED TO THOSE ASSETS, AND PROVIDING INSTITUTIONAL EXPERTISE ON A WIDE-VARIETY OF DEVELOPMENT TOPICS AFFECTING THE CEDAR-RIVERSIDE AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,076,210 | $943,206 | +0.1% |
| Expenses | $551,488 | $703,172 | -0.2% |
| Net Income | $524,722 | $240,034 | +1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT WILLIAMS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN PRESLAN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM MUNGAVAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN HANNINEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID SWANSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN WALSH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID HOFFMAN-DACHELET | VICE TREASURER | 1.00 |
Officer
Director
|
$0 | $4,684 | $121,769 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,076,210 | $551,488 | $16,983,703 | $524,722 |
| 2024 | $943,206 | $703,172 | $16,560,228 | $240,034 |
| 2023 | $958,515 | $606,605 | $16,188,540 | $351,910 |
| 2022 | $1,080,414 | $560,762 | $14,944,714 | $519,652 |
| 2021 | $960,525 | $503,604 | $14,514,068 | $456,921 |
| 2020 | $1,737,635 | $580,688 | $13,851,154 | $1,156,947 |
| 2019 | $652,452 | $368,234 | $12,286,346 | $284,218 |
| 2018 | $425,608 | $387,130 | $3,313,865 | $38,478 |
Compare WEST BANK COMMUNITY HOUSING CORPORATION with other nonprofits in Minnesota and across the country.