SHELTER DEVELOPMENT INC

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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

2015

Legal Domicile

Principal Officer

BENJAMIN HEIN

Phone

6083015345

Tax Period

2024-01-01 to 2024-12-31

SHELTER DEVELOPMENT INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $260K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $224K left a modest 14% surplus.

Mission

THE MISSION OF SHELTER DEVELOPMENT, INC. IS TO CREATE LOCAL HOUSING SOLUTIONS THAT PUT PEOPLE FIRST AND ENRICH OUR COMMUNITY. THIS MISSION IS SERVED BY PROGRAMMING INCLUDING, THE EXCHANGE, LA CROSSE AREA FURNITURE BANK, AND FRANCIS HOMES PROGRAM. THE EXCHANGE PROGRAM SEEKS TO PROVIDE COMMUNITY DONATED BASIC HOUSEHOLD ITEMS TO COMMUNITY MEMBERS IN NEED, WHILE THE FRANCIS HOMES PROGRAM SEEKS TO PROVIDE STABLE HOUSING FOR HOUSEHOLDS AT THE RISK OF ENTERING INTO A LITERALLY HOMELESS SITUATION.

Program Service Accomplishments

Program 1

Expenses: $78,160

FRANCIS HOMES ACQUISITION, MAINTENANCE AND MANAGEMENT EXPENSES ARE NECESSARY TO THE SUCCESS OF SHELTER DEVELOPEMENT'S MISSON TO CREATE HOUSING SOLUTIONS THAT PUT PEOPLE FIRST AND ENRICH OUR...

FRANCIS HOMES ACQUISITION, MAINTENANCE AND MANAGEMENT EXPENSES ARE NECESSARY TO THE SUCCESS OF SHELTER DEVELOPEMENT'S MISSON TO CREATE HOUSING SOLUTIONS THAT PUT PEOPLE FIRST AND ENRICH OUR COMMUNITY. SUCH EXPENSES SUPPORT STABLE HOUSING OPTIONS FOR HOUSEHOLDS AT RISK OF BECOMING HOMELESS.

Program 2

Expenses: $85,499

SALARIES AND WAGES- IT IS NECESSARY TO INCUR SALARIES AND WAGE EXPENSE FOR THE PROGRAM DIRECTOR AND ASSITANTS IN ORDER TO SUPPORT OUR CHARITABLE MISSION STATEMENT OF PROVIDING SERVICES INTENDED TO...

SALARIES AND WAGES- IT IS NECESSARY TO INCUR SALARIES AND WAGE EXPENSE FOR THE PROGRAM DIRECTOR AND ASSITANTS IN ORDER TO SUPPORT OUR CHARITABLE MISSION STATEMENT OF PROVIDING SERVICES INTENDED TO END HOMELESSNESS. PAID STAFF POSITIONS SUPPORT EFFECTIVE COMMUNICATION, COORDINATION, VOLUNTEER WORKFORCE SUPPORT, ADMINISTRATIVE DUTIES AND DIRECT CLIENT/ PARTNER COMMUNICATION TO MEET THE NEEDS OF PROGRAMMING AND DELIVER QUALITY SERVICES TO THOSE EXPERIENCING HARDSHIPS INCLUDING HOMELESSNESS.

Program 3

Expenses: $20,474

THE EXCHANGE SERVES AS THE LA CROSSE AREA CHARTIABLE FURNITURE BANK PROGRAM WITHIN THE SHELTER DEVELOPEMENT AGENCY. THE EXCHANGE RECEVIES ALMOST EXCLUSIVELY DONATED HOUSEHOLD GOODS FROM THE COMMUNITY AND WORKS WITH MORE THAN 30 LOCAL NON PROFIT PARTNERS TO DISTRIBUTE THESE NEEDED HOUSEHOLD ITEMS TO COMMUNITY MEMBERS EXPERIENCING HARDSHIP SUCH AS HOMLESSNESS, DOMESTIC VIOLENCE AND AGING/DISABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $198,969

Program Service Revenue $55,686

Investment Income $5,048

Other Revenue $0

TOTAL REVENUE $259,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,605

Fundraising Expenses $9,719

Program Expenses $184,133

Other Expenses $126,577

TOTAL EXPENSES $224,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,703	$178,416	+0.5%
Expenses	$224,182	$206,062	+0.1%
Net Income	$35,521	$-27,646	-2.3%

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

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

N/A

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

$37,484

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN HEIN	DIRECTOR	25.00	Director	$37,484	$0	$37,484
ISAAC HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA KIRCHNER	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA NAUGLER	DIRECTOR	1.00	Director	$0	$0	$0
HAYLEE PAGENKOPF	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SCHLESINGER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
KATHY STUTTGEN	DIRECTOR	1.00	Director	$0	$0	$0
AUDREY LUCIER	TREASURER	1.00	Officer	$0	$0	$0
SHEILA RILEY	SECRETARY	1.00	Officer	$0	$0	$0
CRAIG SACIA	VICE PRESIDE	1.00	Officer	$0	$0	$0
JANET STANSFIELD	PRESIDENT	1.00	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	No data	No data	No data	No data
2024	$259,703	$224,182	$1,257,132	$35,521
2023	$178,416	$206,062	$1,233,973	$-27,646
2022	$398,491	$86,213	$981,956	$312,278