Metropolitan Interfaith Council on Affordable Housing

EIN: 411715777 501(c)(3) Housing & Shelter

Saint Paul, MN

Total Revenue
$165,173
Total Expenses
$161,731
Total Assets
$66,167
Net Assets
$66,063
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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
Principal Officer
Robert Thompson
Phone
6516460612
Tax Period
2024-01-01 to 2024-12-31

Metropolitan Interfaith Council on Affordable Housing, founded in 1980, is a small nonprofit in the Housing & Shelter sector that reported $165K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

MICAH envisions a metropolitan area where everyone without exception has a decent, safe, accessible and affordable home

Program Service Accomplishments

Program 1
Expenses: $124,476 Revenue: $27,258

MICAH launched our Speakers Bureau- We are your neighbors with up to 10 people who have experienced homelessness, housing instability or discrimination from the diversity of folks in our community...

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MICAH launched our Speakers Bureau- We are your neighbors with up to 10 people who have experienced homelessness, housing instability or discrimination from the diversity of folks in our community. They have been presenting their stories, barriers to accessing resources and their solutions to Congregations, Minnesota Interagency Council on Homelessness meetings and at the State Capitol. This is coordinated by a MICAH Board Member, Linda Soderstrom and funded primarily through Catholic Campaign for Human Development MICAH in coordination with funding from the MN Department of Revenue launched community outreach and engagement on MN Child Tax Credit and other tax credit programs through our Trusted Messenger Model Program of people who have experienced homelessness, housing instability or discrimination matching the diversity of folks in the communities of focus. Over 2000 folks were contacted in North and NE Minneapolis and thousands of folks received information through our Constant Contact list and in our Chapter Meetings MICAH continues to provide leadership in Advocacy at State and local led by people who have experienced homelessness, housing instability or discrimination from the diversity of folks in our community. We expanded our Leadership in Homes for All, a Statewide Campaign, to provide a robust Continuum to Housing. In the 2023 Session over $5 Billion was appropriated to prevent homelessness, provide for immediate needs, resources and support, transitional, supportive and affordable rental housing and homeownership. MICAHs 6 Regional Chapters continue to grow in diversity and people affected by homelessness, housing instability or discrimination from the diversity of folks in our community. We conducted our annual virtual bus tours of programs in the community and virtual policy breakfast. We worked on continuum to housing opportunities in each regional chapter. MICAH expanded our work on Blue Line and Purple Line Transit Corridors to ensure people and small businesses are not displaced and that the stops on the routes meet peoples needs. 6. MICAH continues to play active roles in Leadership at the National Coalition For The Homeless and National Low Income Housing Coalition, as well as in the Poor Peoples Campaign.

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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 $137,844
Program Service Revenue $27,258
Investment Income $71
Other Revenue $0
TOTAL REVENUE $165,173

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,255
Program Expenses $124,476
Other Expenses $161,731
TOTAL EXPENSES $161,731

Year-over-Year Comparison

2024 2023 Change
Revenue $165,173 $143,028 +0.2%
Expenses $161,731 $155,857 +0.0%
Net Income $3,442 $-12,829 -1.3%
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

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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
14
Independent Members
14
Employees
N/A
Volunteers
400

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
$61,425
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gary Kwong Board President 3.00
Officer Director
$0 $0 $0
Edward McDonald Board Vice President 3.00
Officer Director
$0 $0 $0
Robert Thompson Board Treasurer 3.00
Officer Director
$0 $0 $0
Natividad Seefeld Secretary 3.00
Officer Director
$0 $0 $0
Sue Baysden Board member 2.00
Director
$0 $0 $0
Jerry Daily Board member 2.00
Director
$0 $0 $0
Junail Anderson Board member 2.00
Director
$0 $0 $0
Paul Kadera Board member 2.00
Director
$0 $0 $0
Rev Dr Jean Lee Board member 2.00
Director
$0 $0 $0
Ed Goldsmith Board member 2.00
Director
$0 $0 $0
Linda Soderstrom Board member 2.00
Director
$0 $0 $0
Ahmed Hassan Board member 2.00
Director
$0 $0 $0
May Xiong Board member 2.00
Director
$0 $0 $0
Jewelean Jackson Board member 2.00
Director
$0 $0 $0
Joyce McNutt Board member 2.00
Director
$0 $0 $0
Sue Watlov-Phillips Executive Director 40.00
Officer
$0 $0 $61,425
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 $165,173 $161,731 $66,167 $3,442
2023 $143,028 $155,857 $63,453 $-12,829
2022 $213,306 $161,109 $94,773 $52,197
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