ALBERTVILLE HOUSING DEVELOPMENT CORP (EIN 631167958) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

BRIAN WILLIAMS

Phone

2568782641

Tax Period

2024-01-01 to 2024-12-31

ALBERTVILLE HOUSING DEVELOPMENT CORP, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $41K in total revenue in fiscal year 2018. Expenses of $49K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOW AND MIDDLE INCOME FAMILIES

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $39,252

Investment Income $3,958

Other Revenue $0

TOTAL REVENUE $43,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,311

Fundraising Expenses $0

Program Expenses $36,689

Other Expenses $21,331

TOTAL EXPENSES $53,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,210	$54,575	-0.2%
Expenses	$53,642	$54,246	0.0%
Net Income	$-10,432	$329	-32.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$222,626

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BRINDLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT BETHUNE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DARRYL HULSEY	MEMBER	1.00	Director	$0	$0	$0
CINDY EARLY	SECRETARY	30.00	Officer	$30,000	$0	$30,000
BRIAN WILLIAMS	EXECUTIVE DIRECTOR	1.00	Officer	$0	$24,026	$192,626

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	$43,210	$53,642	$711,044	$-10,432
2023	$54,575	$54,246	$748,691	$329
2022	$202,170	$51,687	$748,313	$150,483
2021	$46,591	$49,541	$597,815	$-2,950
2020	$40,280	$38,791	$600,764	$1,489
2019	$38,393	$45,279	$599,277	$-6,886
2018	$40,611	$49,255	$671,330	$-8,644

ALBERTVILLE HOUSING DEVELOPMENT CORP