IOWA ODDFELLOWS HOUSING CORPORATION C/O KEYWAY MANAGEMENT COMPANY (EIN 421182404) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

SCOTT HELGESON

Phone

5152764936

Tax Period

2024-01-01 to 2024-12-31

IOWA ODDFELLOWS HOUSING CORPORATION C/O KEYWAY MANAGEMENT COMPANY, founded in 1981, is a small nonprofit that reported $476K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $428K left a modest 10% surplus.

Mission

TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY AND/OR HANDICAPPED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $223,271

Program Service Revenue $244,682

Investment Income $554

Other Revenue $7,400

TOTAL REVENUE $475,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,536

Fundraising Expenses $0

Program Expenses $290,648

Other Expenses $374,096

TOTAL EXPENSES $427,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$475,907	$503,443	-0.1%
Expenses	$427,632	$395,089	+0.1%
Net Income	$48,275	$108,354	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
SCOTT HELGESON	PRESIDENT	0.50	Officer Director	$0	$0	$0
SHANE ROSE	TREASURER	0.50	Officer Director	$0	$0	$0
SANDRA DODSON	SECRETARY (THRU 10/2024)	0.50	Officer Director	$0	$0	$0
ALBERT MOWREY JR	MEMBER	0.50	Director	$0	$0	$0
DON EDWARDS	MEMBER (BEG 10/2024)	0.50	Director	$0	$0	$0
DAVE ANDERSEN	MEMBER (BEG 10/2024)	0.50	Director	$0	$0	$0
CLIFF PETTENGILL	MEMBER (THRU 10/2024)	0.50	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	$475,907	$427,632	$1,265,857	$48,275
2023	$503,443	$395,089	$1,263,172	$108,354
2022	$492,258	$368,400	$1,143,293	$123,858
2021	$474,607	$436,667	$1,100,866	$37,940
2020	$469,953	$383,332	$1,206,172	$86,621
2019	$499,342	$434,048	$1,203,993	$65,294
2018	$491,711	$442,288	$1,168,062	$49,423

IOWA ODDFELLOWS HOUSING CORPORATION C/O KEYWAY MANAGEMENT COMPANY