MISSISSIPPI HOUSING INSTITUTE

EIN: 562334623 Community Improvement

RIDGELAND, MS

Total Revenue
$177,437
Total Expenses
$163,113
Total Assets
$306,128
Net Assets
$302,626
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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
2003
Legal Domicile
MS
Principal Officer
KEVIN TROYER
Phone
6019693446
Tax Period
2025-01-01 to 2025-12-31

MISSISSIPPI HOUSING INSTITUTE, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $177K in total revenue in fiscal year 2025. Expenses of $163K left a modest 8% surplus.

Mission

THE PURPOSE OF THE MISSISSIPPI HOUSING INSTITUTE'S CERTIFIED PROFESSIONAL PROGRAM IS TO ESTABLISH CRITERIA FOR HOME BUILDERS TO ASSIST IN CONSUMER AWARENESS AND PROFESSIONALISM THROUGH EDUCATION, PROFESSIONAL DEVELOPMENT, AND CUSTOMER SATISFACTION.

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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 $151,987
Program Service Revenue $0
Investment Income $19,228
Other Revenue $6,222
TOTAL REVENUE $177,437

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,327
Fundraising Expenses $0
Other Expenses $91,786
TOTAL EXPENSES $163,113

Year-over-Year Comparison

2025 2024 Change
Revenue $177,437 $170,731 +0.0%
Expenses $163,113 $169,537 0.0%
Net Income $14,324 $1,194 +11.0%
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
11
Independent Members
11
Employees
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE HAMLETT PRESIDENT N/A
Officer
$0 $0 $0
DALE NELSON SECRETARY/TR N/A
Officer
$0 $0 $0
KEVIN TROYER VICE PRESIDE N/A
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 $177,437 $163,113 $306,128 $14,324
2024 No data No data No data No data
2023 $162,874 $149,416 $271,250 $13,458
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