ONE ROOF COMMUNITY HOUSING

EIN: 411678328 501(c)(3) Housing & Shelter

DULUTH, MN

Total Revenue
$5,068,402
Total Expenses
$2,878,572
Total Assets
$23,502,390
Net Assets
$14,656,424
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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
JEFF COREY
Phone
2187275372
Tax Period
2024-01-01 to 2024-12-31

ONE ROOF COMMUNITY HOUSING, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 43% operating margin.

Mission

CREATE AFFORDABLE HOMES & STRENGTHEN COMMUNITIES THROUGH WISE STEWARDSHIP OF LAND & RESOURCES.

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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 $9,712,650
Program Service Revenue $938,183
Investment Income $90,662
Other Revenue $-5,673,093
TOTAL REVENUE $5,068,402

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,498,988
Fundraising Expenses $113,761
Program Expenses $1,911,093
Other Expenses $1,379,584
TOTAL EXPENSES $2,878,572

Year-over-Year Comparison

2024 2023 Change
Revenue $5,068,402 $3,852,925 +0.3%
Expenses $2,878,572 $2,127,547 +0.4%
Net Income $2,189,830 $1,725,378 +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
13
Independent Members
13
Employees
32
Volunteers
41

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
5
$273,381
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF COREY EXECUTIVE DIRECTOR 40.00
Officer
$119,653 $35,372 $155,025
VICKIE HARTLEY SENIOR FINANCE DIRECTOR 40.00
Officer
$106,900 $11,456 $118,356
RYAN JONES-CASEY BOARD CHAIR 1.00
Officer Director
$0 $0 $0
EMILY EDISON BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JESSICA LANGER BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES AIRD BOARD MEMBER 1.00
Director
$0 $0 $0
AARON KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
DENEICE KRAMER BOARD MEMBER 1.00
Director
$0 $0 $0
TONYA LOKEN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
MARY FRANCES SKALA BOARD MEMBER 1.00
Director
$0 $0 $0
HANNAH SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN STAINE BOARD MEMBER 1.00
Director
$0 $0 $0
SOPHIE STONE BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL TRACEY BOARD MEMBER 1.00
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
2024 $5,068,402 $2,878,572 $23,502,390 $2,189,830
2023 $3,852,925 $2,127,547 $22,666,939 $1,725,378
2022 $2,222,382 $1,940,500 $17,407,125 $281,882
2021 $3,217,974 $1,773,331 $17,680,751 $1,444,643
2020 $3,956,384 $1,612,059 $15,222,470 $2,344,325
2019 $3,592,408 $1,458,357 $14,805,636 $2,134,051
2018 $1,665,476 $1,764,795 $14,343,849 $-99,319
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