NORTHWEST FLORIDA COMMUNITY HOUSING DEVELOPMENT CORPORATION

EIN: 471093103 501(c)(3) Arts, Culture & Humanities

PENSACOLA, FL

Total Revenue
$360,016
Total Expenses
$504,408
Total Assets
$799,120
Net Assets
$-37,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
SAMUEL YOUNG
Phone
8504345456
Tax Period
2024-07-01 to 2025-06-30

NORTHWEST FLORIDA COMMUNITY HOUSING DEVELOPMENT CORPORATION, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $360K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $504K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO COLLABORATE WITH OTHERS IN THE FUNDING, PRODUCTION AND PROMOTION OF AFFORDABLE HOUSING OPPORTUNITIES FOR POPULATIONS INCLUDING, BUT NOT LIMITED TO, PERSONS DEFINED BY HUD AS LOW TO MODERATE INCOME, PERSONS WITH DEVELOPMENTAL AND/OR INTELLECTUAL DISABILITIES; PERSONS WITH SPECIAL NEEDS; YOUTH THAT HAVE AGED OUT OF THE STATE FOSTER CARE PROGRAM; SURVIVORS OF NATURAL DISASTERS; SURVIVORS OF DOMESTIC ABUSE; AND DISABLED VETERANS LIVING IN THE COMMUNITIES OF NORTHWEST FLORIDA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $360,016
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $360,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $497,158
Other Expenses $504,408
TOTAL EXPENSES $504,408

Year-over-Year Comparison

2024 2023 Change
Revenue $360,016 $501,649 -0.3%
Expenses $504,408 $502,459 +0.0%
Net Income $-144,392 $-810 +177.3%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
4

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
4
$455,529
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BAKER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KING TREASURER/CHAIR 1.00
Officer Director
$0 $0 $0
LARRY WATSON JR DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL R YOUNG CEO 1.00
Officer
$0 $5,063 $173,525
KIMBERLY WILSON COO 1.00
Officer
$0 $12,814 $151,942
TERESA MCMASTER CFO 1.00
Officer
$0 $3,788 $130,062
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 $360,016 $504,408 $799,120 $-144,392
2024 $501,649 $502,459 $384,718 $-810
2023 No data $330 $274,590 No data
2022 No data No data $274,920 No data
2021 No data $4,690 $274,920 No data
2020 No data $16,983 $272,936 No data
2019 $50,000 $8,350 $252,118 $41,650
2018 $722,906 $661,399 $187,608 $61,507
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