BLUFF COUNTRY MINNESOTA MULTI-COUNTY HOUSING & REDEVELOPMENT AUTHORITY INC (EIN 411916947) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

VONDA BUDDE

Phone

5078648218

Tax Period

2023-10-01 to 2024-09-30

BLUFF COUNTRY MINNESOTA MULTI-COUNTY HOUSING & REDEVELOPMENT AUTHORITY INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 19% operating margin.

Mission

TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME PERSONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $40,000

Program Service Revenue $90,795

Investment Income $775

Other Revenue $0

TOTAL REVENUE $131,570

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,674

Fundraising Expenses $0

Program Expenses $86,632

Other Expenses $99,413

TOTAL EXPENSES $106,087

Year-over-Year Comparison

	2023	2022	Change
Revenue	$131,570	$91,979	+0.4%
Expenses	$106,087	$97,660	+0.1%
Net Income	$25,483	$-5,681	-5.5%

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

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VONDA BUDDE	PRESIDENT	1.00	Officer Director	$0	$0	$0
BOB BURNS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER SLABAUGH	SECRETARY/TREASURER (BEG 1/2024)	1.00	Officer Director	$0	$0	$0
MITCH LENTZ	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	$131,570	$106,087	$914,484	$25,483
2023	$91,979	$97,660	$889,647	$-5,681
2022	$86,087	$95,228	$896,482	$-9,141
2021	$83,920	$103,929	$906,687	$-20,009
2020	$98,608	$110,703	$938,824	$-12,095
2019	$115,897	$113,351	$940,402	$2,546
2018	$105,724	$118,899	$939,085	$-13,175

BLUFF COUNTRY MINNESOTA MULTI-COUNTY HOUSING & REDEVELOPMENT AUTHORITY INC