PALMYRA RURAL RENTAL HOUSING INC (EIN 431064868) - 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

1972

Legal Domicile

Principal Officer

TRACY MEYER

Phone

5732459456

Tax Period

2025-01-01 to 2025-12-31

PALMYRA RURAL RENTAL HOUSING INC, founded in 1972, is a small nonprofit that reported $273K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $47K, a strong 17% operating margin.

Mission

AFFORDABLE HOUSING FOR SENIOR CITIZENS

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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 (2025)

Revenue Breakdown

Contributions & Grants $776

Program Service Revenue $215,488

Investment Income $385

Other Revenue $56,016

TOTAL REVENUE $272,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,640

Fundraising Expenses $0

Program Expenses $201,930

Other Expenses $187,832

TOTAL EXPENSES $225,472

Year-over-Year Comparison

	2025	2024	Change
Revenue	$272,665	$306,052	-0.1%
Expenses	$225,472	$193,699	+0.2%
Net Income	$47,193	$112,353	-0.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT HILLMAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
PATTY CHEFFEY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
IRENE BROWN	SECRETARY	5.00	Officer Director	$0	$0	$0
GENE ASH	MEMBER / RESIDENT	5.00	Director	$0	$0	$0
JANET HAGGERTY	MEMBER	5.00	Director	$0	$0	$0
TERRI MATLICK	MEMBER / RESIDENT	5.00	Director	$0	$0	$0
JAMISON REES	MEMBER	5.00	Director	$0	$0	$0
TRACY MEYER	SITE MANAGER / TREASURER	10.00	Officer	$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	$272,665	$225,472	$425,513	$47,193
2024	$306,052	$193,699	$389,167	$112,353
2023	$189,166	$184,774	$283,121	$4,392
2022	$173,739	$167,835	$288,299	$5,904
2021	$166,458	$159,414	$292,155	$7,044
2020	$166,991	$156,614	$293,807	$10,377
2019	$167,754	$159,199	$292,247	$8,555
2018	$152,413	$154,045	$291,903	$-1,632

PALMYRA RURAL RENTAL HOUSING INC