NORTH PLATTE ODD FELLOWS HOUSING CORPORATION

EIN: 470530815

OMAHA, NE

Total Revenue
$899,030
Total Expenses
$867,389
Total Assets
$4,081,091
Net Assets
$-318,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NE
Principal Officer
LORI VINTON
Phone
4023337373
Tax Period
2023-01-01 to 2023-12-31

NORTH PLATTE ODD FELLOWS HOUSING CORPORATION, founded in 1962, is a small nonprofit that reported $899K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $867K left a modest 4% surplus.

Mission

NORTH PLATTE ODD FELLOWS HOUSING CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION THAT WAS FORMED IN 1966 UNDER THE NOT-FOR-PROFIT STATUTES OF THE STATE OF NEBRASKA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF CONSTRUCTING, OWNING AND OPERATING A 111-UNIT COMMUNITY KNOWN AS BUFFALO BILL MANOR (THE "COMMUNITY") LOCATED IN NORTH PLATTE, NEBRASKA.THE CORPORATION ENTERED INTO A REGULATORY AGREEMENT DATED MAY 31, 2019, WITH HUD WHICH CONTAINS, AMONG OTHER THINGS, RESTRICTIONS ON TRANSFERRING ANY OF THE COMMUNITY'S PROPERTY, ASSIGNING THE RIGHTS TO MANAGE OR RECEIVE RENTS AND PROFITS OF THE COMMUNITY OR ASSUMING ADDITIONAL INDEBTEDNESS. PURSUANT TO THE REGULATORY AGREEMENT, THE COMMUNITY MUST MAINTAIN ALL ITS UNITS AS AFFORDABLE TO LOW-INCOME ELDERLY PERSONS. THE COMMUNITY RECEIVES HOUSING ASSISTANCE PAYMENTS ("HAP CONTRACT") FOR 110 OF ITS 111 UNITS UNDER TERMS OF A CONTRACT WITH HUD. THE COMMUNITY IS OBLIGATED TO RECERTIFY RESIDENT ELIGIBILITY ON AN ANNUAL BASIS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $356,812
Program Service Revenue $425,309
Investment Income $4,304
Other Revenue $112,605
TOTAL REVENUE $899,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $764,136
Other Expenses $867,389
TOTAL EXPENSES $867,389

Year-over-Year Comparison

2023 2022 Change
Revenue $899,030 $808,977 +0.1%
Expenses $867,389 $871,659 0.0%
Net Income $31,641 $-62,682 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI VINTON PRESIDENT 5.00
Officer Director
$0 $0 $0
ROGER EGGELSTON SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
JIM CONNERS DIRECTOR 2.00
Director
$0 $0 $0
GEORGE VINTON DIRECTOR 1.00
Director
$0 $0 $0
STELLA LARREAU DIRECTOR 2.00
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 No data No data No data No data
2023 $899,030 $867,389 $4,081,091 $31,641
2022 $808,977 $871,659 $3,962,308 $-62,682
2021 $650,336 $767,786 $4,105,787 $-117,450
2020 $627,765 $704,284 $4,154,037 $-76,519
2019 $593,817 $1,077,876 $4,164,299 $-484,059
2018 $567,553 $484,192 $681,938 $83,361
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