SALEM SEVENTH DAY BAPTIST HOUSING CORP

EIN: 550525522 501(c)(3) Housing & Shelter

SALEM, WV

Total Revenue
$4,626
Total Expenses
N/A
Total Assets
$1,618,828
Net Assets
$1,579,418
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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
1970
Legal Domicile
WV
Principal Officer
DALE THORNGATE
Phone
3047823618
Tax Period
2025-01-01 to 2025-12-31

SALEM SEVENTH DAY BAPTIST HOUSING CORP, founded in 1970, is a micro nonprofit in the Housing & Shelter sector that reported $5K in total revenue in fiscal year 2025.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE COMMUNITY

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,309
Investment Income $749
Other Revenue $-7,432
TOTAL REVENUE $4,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $4,626 $-49,980 -1.1%
Expenses N/A N/A N/A
Net Income N/A $-49,980 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

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Governance

Voting Members
5
Independent Members
5
Employees
7
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PASTOR DALE THORNGATE PRESIDENT 2.00
Director
$0 $0 $0
SUSANA DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
CARROLL VANHORN SECRETARY/TREASURER 1.00
Director
$0 $0 $0
FRED SIAS VICE PRESIDENT 1.00
Director
$0 $0 $0
JO ROGERS BOARD MEMBER 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
2025 $4,626 No data $1,618,828 No data
2024 No data No data No data No data
2023 $32,591 No data $1,673,894 No data
2022 $38,067 No data $1,676,097 No data
2021 $11,577 No data $1,664,975 No data
2020 $16,882 No data $1,687,620 No data
2019 $90,284 No data $1,566,459 No data
2018 $61,897 No data $1,481,742 No data
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