WILLIS DADY EMERGENCY SHELTER INC

EIN: 421311668 501(c)(3)

CEDAR RAPIDS, IA

Total Revenue
$3,735,517
Total Expenses
$3,460,153
Total Assets
$10,040,521
Net Assets
$9,775,163
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IA
Principal Officer
DAVID KARPICK
Phone
3193627555
Tax Period
2025-01-01 to 2025-12-31

WILLIS DADY EMERGENCY SHELTER INC, founded in 1987, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2025. Expenses of $3.5M left a modest 7% surplus.

Mission

TO EMPOWER ALL EXPERIENCING HOMELESSNESS TO BUILD FUTURES OF SELF-SUFFICIENCY THROUGH ADVOCACY, HOUSING, AND EMPLOYMENT, WITH THE VISION OF HAVING A COMMUNITY WHERE EVERYONE HAS HOUSING, STABILITY, AND OPPORTUNITY.

Program Service Accomplishments

Program 1
Expenses: $943,850 Revenue: $44,040

EMERGENCY SHELTER WITH CASE MANAGEMENT: IN 2025 WE SERVED 185 INDIVIDUALS WITH EMERGENCY SHELTER SERVICES. THIS INCLUDES 144 INDIVIDUALS AND 9 FAMILIES. 54% OF SHELTER CLIENTS EXITED TO HOUSING. WE...

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EMERGENCY SHELTER WITH CASE MANAGEMENT: IN 2025 WE SERVED 185 INDIVIDUALS WITH EMERGENCY SHELTER SERVICES. THIS INCLUDES 144 INDIVIDUALS AND 9 FAMILIES. 54% OF SHELTER CLIENTS EXITED TO HOUSING. WE PROVIDE SHELTER AND CASE MANAGEMENT FOR SHORT AND LONGER-TERM STAYS FOR VETERANS THROUGH A GRANT FROM THE DEPARTMENT OF VETERANS AFFAIRS. IN SERVICE-INTENSIVE TRANSITIONAL HOUSING, THE VETERAN CAN STAY FOR UP TO 2 YEARS. PARTICIPANTS RECEIVE INTENSIVE CASE MANAGEMENT SERVICES AND CARE COORDINATION. PARTICIPANTS IN THE BRIDGE HOUSING PROGRAM CAN STAY IN SHELTER UP TO 6 MONTHS. THESE PARTICIPANTS RECEIVE CARE COORDINATION WITH THE VA AND NON-VA VETERAN SERVICE PROVIDERS, WITH A GOAL OF LEAVING FOR HOUSING AND INCREASING INCOME.IN 2025 73% OF THE VETERANS IN THIS PROGRAM HAD POSITIVE EXITS.

Program 2
Expenses: $627,801 Revenue: $332,415

SUPPORTIVE EMPLOYMENT PROGRAM: IN 2025 WE CONTINUED SERVING INDIVIDUALS IN OUR EMPLOYMENT PROGRAM BY PROVIDING DIRECT HOURLY PART-TIME OR FULL-TIME EMPLOYMENT. WE FILLED UP TO 8 FULL-TIME POSITIONS...

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SUPPORTIVE EMPLOYMENT PROGRAM: IN 2025 WE CONTINUED SERVING INDIVIDUALS IN OUR EMPLOYMENT PROGRAM BY PROVIDING DIRECT HOURLY PART-TIME OR FULL-TIME EMPLOYMENT. WE FILLED UP TO 8 FULL-TIME POSITIONS AT FRONTIER CO-OP EACH DAY ACROSS THREE SHIFTS AND PROVIDED TRANSPORTATION TO AND FROM FRONTIER. WE ALSO OFFERED 8-10 PART-TIME POSITIONS IN OUR MATTRESS RECYCLING SOCIAL ENTERPRISE AND 5 SEASONAL PART-TIME POSITIONS WITH THE CITY OF CEDAR RAPIDS TO PERFORM LITTER ABATEMENT IN PUBLIC SPACES AROUND CEDAR RAPIDS. ACROSS ALL OF OUR EMPLOYMENT SERVICES PROGRAM IN 2025 WE EMPLOYED 63 CLIENTS FOR A TOTAL OF 14,637 HOURS WORKED AND $217,669 WAGES EARNED.

Program 3
Expenses: $540,779 Revenue: $75,889

PERMANENT SUPPORTIVE HOUSING: WE PROVIDE PERMANENT SUPPORTIVE HOUSING UNITS OF INCOME-BASED HOUSING WITH CASE MANAGEMENT FOR INDIVIDUALS AND HOUSEHOLDS WITH CHILDREN. THESE UNITS ARE FOR THOSE...

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PERMANENT SUPPORTIVE HOUSING: WE PROVIDE PERMANENT SUPPORTIVE HOUSING UNITS OF INCOME-BASED HOUSING WITH CASE MANAGEMENT FOR INDIVIDUALS AND HOUSEHOLDS WITH CHILDREN. THESE UNITS ARE FOR THOSE QUALIFYING AS CHRONICALLY HOMELESS BASED BY HUDS DEFINITION. ON-SITE CASE MANAGEMENT IS PROVIDED TO BUILD STABILITY AND PREVENT CYCLING THROUGH COMMUNITY SUPPORT SYSTEMS. FEELING SAFE HASTENS BETTER SELF-CARE PRACTICES, IMPROVED HEALTH, AND OUTLOOK. IN 2024 WE OPENED A 14-UNIT APARTMENT COMPLEX TO FURTHER OUR PERMANENT SUPPORTIVE HOUSING PORTFOLIO. IN 2025 WE OPERATED A TOTAL OF 36 UNITS OF PERMANENT SUPPORTIVE HOUSING. IN 2025 WE SERVICED 57 ADULTS AND 6 CHILDREN IN OUR SUPPORTIVE HOUSING PROGRAM.

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,185,350
Program Service Revenue $376,455
Investment Income $98,903
Other Revenue $74,809
TOTAL REVENUE $3,735,517

Expense Breakdown

Grants Paid $240,686
Salaries & Benefits $2,262,956
Fundraising Expenses $338,227
Program Expenses $2,619,130
Other Expenses $956,511
TOTAL EXPENSES $3,460,153

Year-over-Year Comparison

2025 2024 Change
Revenue $3,735,517 $3,503,372 +0.1%
Expenses $3,460,153 $3,408,796 +0.0%
Net Income $275,364 $94,576 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
137
Volunteers
179

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
6
$202,895
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HICKS LUCAS PRESIDENT 2.00
Officer Director
$0 $0 $0
REASNER AMY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KRAFT TED TREASURER 2.00
Officer Director
$0 $0 $0
NOVOTNY ANDREW SECRETARY 2.00
Officer Director
$0 $0 $0
BEARDSWORTH JOHN DIRECTOR 2.00
Director
$0 $0 $0
BURNETT RENJENA DIRECTOR 2.00
Director
$0 $0 $0
DEWEES CHANDLER DIRECTOR 2.00
Director
$0 $0 $0
GEIS VINCE DIRECTOR 2.00
Director
$0 $0 $0
JACKSON KENDALL DIRECTOR 2.00
Director
$0 $0 $0
MONG ANDY DIRECTOR 2.00
Director
$0 $0 $0
SHATZER KATIE DIRECTOR 2.00
Director
$0 $0 $0
SHIRLEY WES DIRECTOR 2.00
Director
$0 $0 $0
VOGELER JOSH DIRECTOR 2.00
Director
$0 $0 $0
FAUST ALICIA EXECUTIVE DIRECTOR 40.00
Officer
$100,748 $6,986 $107,734
ANDERSON REGINA FINANCE DIRECTOR 40.00
Officer
$86,408 $8,753 $95,161
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 $3,735,517 $3,460,153 $10,040,521 $275,364
2024 $3,503,372 $3,408,796 $9,715,572 $94,576
2023 $3,320,381 $2,895,815 $9,816,806 $424,566
2022 $5,009,266 $3,416,776 $9,042,236 $1,592,490
2021 $4,943,373 $2,954,534 $7,658,344 $1,988,839
2020 $3,337,288 $2,343,763 $5,464,972 $993,525
2019 $1,392,850 $1,342,146 $4,352,398 $50,704
2018 $1,557,438 $869,718 $4,076,480 $687,720
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