NORTHWEST MINNESOTA COMMUNITY HOUS… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

Charity Brault

Phone

2186372431

Tax Period

2024-07-01 to 2025-06-30

NORTHWEST MINNESOTA COMMUNITY HOUSING DEVELOPMENT ORGANIZATION, founded in 1997, is a micro nonprofit that reported $29K in total revenue in fiscal year 2024. Expenses of $28K left a modest 5% surplus.

Mission

Promote and provide decent housing that is affordable to low and moderate income residents of the counties of Kittson, Roseau, Marshall, Polk, Pennington, Red Lake, and Norman. We served 36 clients.

Program Service Accomplishments

Program 1

Expenses: $27,545 Revenue: $0

Promote and provide decent housing that is affordable to low and moderate income residents of the counties of Kittson, Roseau, Marshall, Polk, Pennington, Red Lake, and Norman. We served 36 clients.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,737

Investment Income $14,341

Other Revenue $0

TOTAL REVENUE $29,078

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,545

Other Expenses $27,545

TOTAL EXPENSES $27,545

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,078	$27,345	+0.1%
Expenses	$27,545	$38,565	-0.3%
Net Income	$1,533	$-11,220	-1.1%

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

Governance

Voting Members

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

Total Directors

$160

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Mark Finstad	Board Director	Director	$40	$0	$40
Jack Swanson	Board Director	Director	$40	$0	$40
John Wynne	Board Director	Director	$40	$0	$40
Tammy Johnson	Board Director	Director	$40	$0	$40
Catherine Johnson	Board Director	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
2025	$29,078	$27,545	$411,533	$1,533
2024	$27,345	$38,565	$408,919	$-11,220
2023	$23,702	$30,308	$421,799	$-6,606
2022	$19,514	$56,108	$438,794	$-36,594

NORTHWEST MINNESOTA COMMUNITY HOUSING DEVELOPMENT ORGANIZATION