CLAY CHEROKEE CHRISTIAN HOUSING INC

EIN: 561365973 501(c)(3)

HAYESVILLE, NC

Total Revenue
$288,313
Total Expenses
$256,416
Total Assets
$652,558
Net Assets
$-294,240
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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
1983
Legal Domicile
NC
Principal Officer
SANDRA HOFFER
Phone
8286709704
Tax Period
2024-01-01 to 2024-12-31

CLAY CHEROKEE CHRISTIAN HOUSING INC, founded in 1983, is a small nonprofit that reported $288K in total revenue in fiscal year 2024. Expenses of $256K left a modest 11% surplus.

Mission

TO ADVOCATE AND PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME ELDERLY PERSONS.

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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 $213,411
Program Service Revenue $72,886
Investment Income $101
Other Revenue $1,915
TOTAL REVENUE $288,313

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,850
Other Expenses $256,416
TOTAL EXPENSES $256,416

Year-over-Year Comparison

2024 2023 Change
Revenue $288,313 $281,610 +0.0%
Expenses $256,416 $218,465 +0.2%
Net Income $31,897 $63,145 -0.5%
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
9
Independent Members
9
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA ROMAN SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
BILL MICHAELSON DIRECTOR 0.50
Director
$0 $0 $0
SANDRA HOFFER PRESIDENT 0.50
Officer Director
$0 $0 $0
FERRIS MALOOF DIRECTOR 0.50
Director
$0 $0 $0
CAROL MALOOF DIRECTOR 0.50
Director
$0 $0 $0
CARL MAY VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
SUSAN MAY DIRECTOR 0.50
Director
$0 $0 $0
CINDY NODINE DIRECTOR 0.50
Director
$0 $0 $0
MARGUERITE ROURK DIRECTOR 0.50
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 $288,313 $256,416 $652,558 $31,897
2023 $281,610 $218,465 $650,831 $63,145
2022 $269,458 $225,107 $604,863 $44,351
2021 $263,889 $226,017 $591,385 $37,872
2020 $260,935 $213,496 $568,995 $47,439
2019 $254,119 $208,261 $537,636 $45,858
2018 $247,705 $295,726 $555,265 $-48,021
2017 $245,513 $210,434 $569,687 $35,079
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