ALABAMA MULTIFAMILY LOAN CONSORTIUM INC (EIN 721372670) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

SCOTT MILLER

Phone

3343865732

Tax Period

2024-01-01 to 2024-12-31

ALABAMA MULTIFAMILY LOAN CONSORTIUM INC, founded in 1998, is a small nonprofit in the Public & Societal Benefit sector that reported $277K in total revenue in fiscal year 2020. Net assets of $712K represent 31 months of operating reserves.

Mission

TO PROVIDE LOW INCOME HOUSING, COMBAT COMMUNITY DETERIORATION, AND LESSEN THE BURDEN OF GOVERNMENT HOUSING PROGRAMS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $458,038

Investment Income $31,876

Other Revenue $0

TOTAL REVENUE $489,914

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $359,427

Fundraising Expenses $0

Program Expenses $330,474

Other Expenses $172,735

TOTAL EXPENSES $534,162

Year-over-Year Comparison

	2024	2023	Change
Revenue	$489,914	$544,559	-0.1%
Expenses	$534,162	$518,834	+0.0%
Net Income	$-44,248	$25,725	-2.7%

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

$265,241

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENE CRANE	DIRECTOR	1.00	Director	$0	$0	$0
GREG GONTARSKI	DIRECTOR	1.00	Director	$0	$0	$0
LYNDSAY JOB	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS LATTA	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT LATHAM	DIRECTOR	1.00	Director	$0	$0	$0
JOE MAY	DIRECTOR	1.00	Director	$0	$0	$0
MALANIA NESBITT	DIRECTOR	1.00	Director	$0	$0	$0
DEAN PEEVY	DIRECTOR	1.00	Director	$0	$0	$0
RODGER SELPH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT STRICKLAND	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE VAFEAS	DIRECTOR	1.00	Director	$0	$0	$0
KELLY WILSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE SANDERS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLIE BREEDLOVE	TREASURER	1.00	Officer Director	$0	$0	$0
PATRICK LOVE	SECRETARY	1.00	Officer Director	$0	$0	$0
MACKE MAULDIN	CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT MILLER	EXECUTIVE DIRECTOR	40.00	Officer	$249,780	$15,461	$265,241

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	No data	No data	No data	No data
2024	$489,914	$534,162	$53,275,872	$-44,248
2023	$544,559	$518,834	$41,734,765	$25,725
2022	$260,175	$430,921	$50,939,765	$-170,746
2021	$316,680	$315,753	$54,767,808	$927
2020	$276,778	$297,512	$57,569,461	$-20,734

ALABAMA MULTIFAMILY LOAN CONSORTIUM INC