MILLINGAN HOUSING FOR ELDERLY & HANDICAPED INC CITY VIEW APARTMENT (EIN 581454712) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

CAL WILSON

Phone

4239266031

Tax Period

2023-01-01 to 2023-12-31

MILLINGAN HOUSING FOR ELDERLY & HANDICAPED INC CITY VIEW APARTMENT, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $292K in total revenue in fiscal year 2023. The organization ran a surplus of $68K, a strong 23% operating margin.

Mission

PROVIDING LOW INCOME ASSISTED HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $286,634

Program Service Revenue $0

Investment Income $821

Other Revenue $4,530

TOTAL REVENUE $291,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,457

Fundraising Expenses $0

Program Expenses $196,552

Other Expenses $199,591

TOTAL EXPENSES $224,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$291,985	$290,716	+0.0%
Expenses	$224,048	$233,505	0.0%
Net Income	$67,937	$57,211	+0.2%

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

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
RON DEMPSEY	DIRECTOR	2	Director	$0	$0	$0
BILL LORAN	DIRECTOR	2	Director	$0	$0	$0
PHIL TORBETT	PRESIDENT	2	Director	$0	$0	$0
COREY WEBB	DIRECTOR	2	Director	$0	$0	$0
CAL WILSON	DIRECTOR	2	Director	$0	$0	$0
RICK YORK	SEC/TREAS	2	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	No data	No data	No data	No data
2023	$291,985	$224,048	$556,778	$67,937
2022	$290,716	$233,505	$589,370	$57,211
2021	$280,407	$217,183	$591,591	$63,224
2020	$276,988	$212,719	$625,196	$64,269

MILLINGAN HOUSING FOR ELDERLY & HANDICAPED INC CITY VIEW APARTMENT