AURORA HOUSING DEVELOPMENT CORP (EIN 470737647) - 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

1990

Legal Domicile

Principal Officer

JANNELLE SEIM

Phone

4026946911

Tax Period

2023-01-01 to 2023-12-31

AURORA HOUSING DEVELOPMENT CORP, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 307% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 98% operating margin.

Mission

BUILDING AND FINANCING ASSISTANCE FOR LOW TO MODERATE INCOME HOUSING.

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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 $1,500,000

Program Service Revenue $-55,721

Investment Income $20,560

Other Revenue $881

TOTAL REVENUE $1,465,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,076

Other Expenses $27,143

TOTAL EXPENSES $27,143

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,465,720	$360,278	+3.1%
Expenses	$27,143	$4,976	+4.5%
Net Income	$1,438,577	$355,302	+3.0%

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

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
STEVE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JACOB ARENDT	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS HEINRICHS	DIRECTOR	1.00	Director	$0	$0	$0
JULIE JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
BEN MCQUISTON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MORROW	DIRECTOR	1.00	Director	$0	$0	$0
JODY PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
JANNELLE SEIM	PRESIDENT	2.00	Officer Director	$0	$0	$0
MATT SHAW	DIRECTOR	1.00	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	$1,465,720	$27,143	$3,640,857	$1,438,577
2022	$360,278	$4,976	$2,101,325	$355,302
2021	$1,657,076	$27,419	$1,722,910	$1,629,657

AURORA HOUSING DEVELOPMENT CORP