ALABAMA MANUFACTURED HOUSING ASSOCIATION

EIN: 630519228

MONTGOMERY, AL

Total Revenue
$1,209,504
Total Expenses
$1,299,620
Total Assets
$3,084,124
Net Assets
$3,075,607
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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
1969
Legal Domicile
AL
Principal Officer
LANCE LATHAM
Phone
3342447828
Tax Period
2025-01-01 to 2025-12-31

ALABAMA MANUFACTURED HOUSING ASSOCIATION, founded in 1969, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025. Net assets of $3.1M represent 31 months of operating reserves.

Mission

TO PROVIDE MEMBERS WITH TOOLS AND INFORMATION TO SHAPE A SUCCESSFUL BUSINESS ENVIRONMENT AND PROVIDE MANUFACTURED HOUSING AND MODULAR HOUSING FOR ALABAMA AND THE NATION.

Program Service Accomplishments

Program 1
Expenses: $1,247,862 Revenue: $1,103,425

TO PROMOTE THE GENERAL WELFARE OF THE MANUFACTURED HOUSING INDUSTRY THROUGH ADVERTISING PROMOTIONS, LOBBYING FOR THE INTERESTS OF THE INDUSTRY, EDUCATION OF THE CONSUMER AND MEMBERS, AND MEETINGS FOR...

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TO PROMOTE THE GENERAL WELFARE OF THE MANUFACTURED HOUSING INDUSTRY THROUGH ADVERTISING PROMOTIONS, LOBBYING FOR THE INTERESTS OF THE INDUSTRY, EDUCATION OF THE CONSUMER AND MEMBERS, AND MEETINGS FOR THE MEMBERS.

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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 $1,103,425
Investment Income $66,279
Other Revenue $39,800
TOTAL REVENUE $1,209,504

Expense Breakdown

Grants Paid $51,608
Salaries & Benefits $367,864
Fundraising Expenses $0
Program Expenses $1,247,862
Other Expenses $880,148
TOTAL EXPENSES $1,299,620

Year-over-Year Comparison

2025 2024 Change
Revenue $1,209,504 $1,184,819 +0.0%
Expenses $1,299,620 $1,036,631 +0.3%
Net Income $-90,116 $148,188 -1.6%
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
16
Independent Members
16
Employees
3
Volunteers
16

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
6
$151,691
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CECIL AYLLON DIRECTOR 1.00
Director
$0 $0 $0
ERIC BOEHM DIRECTOR 1.00
Director
$0 $0 $0
JEFF BOSHELL DIRECTOR 1.00
Director
$0 $0 $0
BOO HAUGHTON DIRECTOR 1.00
Director
$0 $0 $0
GARY HOLLINGSWORTH DIRECTOR 1.00
Director
$0 $0 $0
KEN KVALHEIM DIRECTOR 1.00
Director
$0 $0 $0
STEVE NELSON DIRECTOR 1.00
Director
$0 $0 $0
BEN SMITH DIRECTOR 1.00
Director
$0 $0 $0
MARK WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
SEAN WILSON DIRECTOR 1.00
Director
$0 $0 $0
JAMIE YEAGER DIRECTOR 1.00
Director
$0 $0 $0
KYLE BENNETT CHAIRMAN 5.00
Officer Director
$0 $0 $0
PAULA REEVES VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
BART MERCER PAST CHAIRMAN 5.00
Officer Director
$0 $0 $0
JAMES MCGHEE TREASURER 5.00
Officer Director
$0 $0 $0
JOHN TURNER SECRETARY 5.00
Officer Director
$0 $0 $0
LANCE LATHAM EXECUTIVE DIRECTOR 40.00
Officer
$130,937 $20,754 $151,691
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 $1,209,504 $1,299,620 $3,084,124 $-90,116
2024 No data No data No data No data
2023 $947,427 $1,074,739 $3,027,817 $-127,312
2022 $1,055,433 $1,104,437 $3,156,310 $-49,004
2021 $1,032,930 $885,785 $3,198,962 $147,145
2020 $967,532 $889,305 $3,049,511 $78,227
2019 $926,253 $759,927 $2,970,225 $166,326
2018 $854,258 $645,401 $2,801,301 $208,857
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