OAK VIEW APARTMENTS INC

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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

2001

Legal Domicile

Principal Officer

CANDAS SCHOUVIELLER

Phone

5072330800

Tax Period

2023-10-01 to 2024-09-30

OAK VIEW APARTMENTS INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $112K in total revenue in fiscal year 2023. Expenses of $154K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO ENRICH AND SUPPORT THE LIVES OF THOSE WE CARE FOR WITH EXCELLENCE, COMPASSION, RESPECT AND COMPETENCE.

Program Service Accomplishments

Program 1

Expenses: $122,533 Revenue: $111,580

OAK VIEW APARTMENTS IS A HUD SECTION 202 SENIOR HOUSING BUILDING WITH 16 UNITS. RESIDENTS MUST BE 62 YEARS OR OLDER WITH AN INCOME BELOW 50% OF THE COUNTY MEDIAN. OAK HILLS LIVING CENTER HAS A...

OAK VIEW APARTMENTS IS A HUD SECTION 202 SENIOR HOUSING BUILDING WITH 16 UNITS. RESIDENTS MUST BE 62 YEARS OR OLDER WITH AN INCOME BELOW 50% OF THE COUNTY MEDIAN. OAK HILLS LIVING CENTER HAS A CONTRACT WITH BROWN COUNTY TO PROVIDE SERVICES THROUGH THE ELDERLY WAIVER OR ALTERNATIVE GRANT PROGRAMS. OAK VIEW APARTMENTS BEGAN ADMITTING RESIDENTS NOVEMBER 1, 2003. THE ORGANIZATION HAS BEEN NEARLY 100% OCCUPIED SINCE IT FIRST OPENED. ALL ACTIVITIES OF THE ORGANIZATION WILL BE DIRECTED TOWARD PROVIDING THE ELDERLY WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.

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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 $0

Program Service Revenue $111,580

Investment Income $43

Other Revenue $0

TOTAL REVENUE $111,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,145

Fundraising Expenses $0

Program Expenses $122,533

Other Expenses $103,832

TOTAL EXPENSES $153,977

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,623	$112,136	0.0%
Expenses	$153,977	$148,789	+0.0%
Net Income	$-42,354	$-36,653	+0.2%

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

$268,645

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY VANCURA	PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHELLE MARKGRAF	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
BARB DIETZ	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
JUDI NELSON	DIRECTOR	0.50	Director	$0	$0	$0
DR ANN VOGEL	DIRECTOR	0.50	Director	$0	$0	$0
JEAN GEISTFELD	DIRECTOR	0.50	Director	$0	$0	$0
MIKE BOYLE	DIRECTOR	0.50	Director	$0	$0	$0
BEN PIESER	DIRECTOR	0.50	Director	$0	$0	$0
CAROLYN VARLAND	DIRECTOR	0.50	Director	$0	$0	$0
CANDAS SCHOUVIELLER	ADMINISTRATOR	2.00	Officer	$0	$31,555	$164,323
LAURA BUECHNER	DIRECTOR OF FINANCE	2.00	Officer	$0	$13,130	$104,322

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	$111,623	$153,977	$896,875	$-42,354
2023	$112,136	$148,789	$937,765	$-36,653
2022	$98,861	$140,115	$963,157	$-41,254
2021	$103,769	$141,160	$997,904	$-37,391
2020	$101,948	$132,228	$1,009,992	$-30,280
2019	$94,520	$113,322	$1,039,753	$-18,802
2018	$95,702	$116,692	$1,057,090	$-20,990