NATIONAL ASSOCIATION OF HOUSING & … - Form 990 Financial Data

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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

1940

Legal Domicile

Principal Officer

SHAUNDRA CLARK

Phone

5025587420

Tax Period

2021-10-01 to 2022-09-30

NATIONAL ASSOCIATION OF HOUSING & REDEVELOPMENT OFFICIALS- SERC, founded in 1940, is a small nonprofit that reported $121K in total revenue in fiscal year 2021. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

THE MISSION IS TO PROVIDE QUALITY EDUCATION AND TRAINING, INFORMATION, NETWORKING OPPORTUNITIES AND ADVOCACY TO MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $120,763

TO PROVIDE TRAINING, MEETINGS, AND CONVENTIONS WITHIN THE TERRITORIAL LIMITS OF ALABAMA, FLORIDA, GEORGIA, KENTUCKY, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, VIRGINIA, AND WEST...

TO PROVIDE TRAINING, MEETINGS, AND CONVENTIONS WITHIN THE TERRITORIAL LIMITS OF ALABAMA, FLORIDA, GEORGIA, KENTUCKY, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, VIRGINIA, AND WEST VIRGINIA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $120,763

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120,763

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,763

Other Expenses $120,763

TOTAL EXPENSES $120,763

Year-over-Year Comparison

	2021	2020	Change
Revenue	$120,763	$81,871	+0.5%
Expenses	$120,763	$81,871	+0.5%
Net Income	$0	N/A	N/A

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
SHAUNA BLOOM	KENTUCKY STA	1.00	Director	$0	$0	$0
MARIA CATRON	TENN STATE R	1.00	Director	$0	$0	$0
SHAUNDRA CLARK	PRESDENT	1.00	Officer Director	$0	$0	$0
JAMES COX	VP OF HOUSIN	1.00	Officer Director	$0	$0	$0
MICHAEL DINEEN	N CAROLINA S	1.00	Director	$0	$0	$0
CINDY HARRINGTON	TREASURER	1.00	Officer Director	$0	$0	$0
CONNIE HOWARD	VP OF PRO. D	1.00	Officer Director	$0	$0	$0
HARRY HOWE	VP OR COMMSI	1.00	Officer Director	$0	$0	$0
RON JONES	ALABAMA STAT	1.00	Director	$0	$0	$0
ANTHONY GOODSON JR	SENIOR VP	1.00	Officer Director	$0	$0	$0
IVORY MATHEWS	S CAROLINA S	1.00	Director	$0	$0	$0
LATONIA SIMMONS	GEORGIA STAT	1.00	Director	$0	$0	$0
JASON SPENCER	MISSISSIPPI	1.00	Director	$0	$0	$0
MIKE SWEET	VP OF MEMBER	1.00	Officer Director	$0	$0	$0
MARK TAYLOR	W VIRGINIA S	1.00	Director	$0	$0	$0
DANNY WALKER	VP OF COMM R	1.00	Officer Director	$0	$0	$0
MICHAEL WONG	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL WONG	VIRGINIA STA	1.00	Director	$0	$0	$0
SHANNON YOUNG	FLORIDA STAT	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
2022	$120,763	$120,763	No data	No data
2021	$81,871	$81,871	No data	No data
2020	$126,797	$126,797	No data	No data

NATIONAL ASSOCIATION OF HOUSING & REDEVELOPMENT OFFICIALS- SERC