The Aldersgate Housing Ministry of Oklahoma City Inc

EIN: 731265922 501(c)(3) Housing & Shelter

Grapevine, TX

Total Revenue
$593,065
Total Expenses
$530,662
Total Assets
$1,152,182
Net Assets
$-537,332
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
OK
Principal Officer
MICHAEL A STEVENSON
Phone
8174882077
Tax Period
2025-01-01 to 2025-12-31

The Aldersgate Housing Ministry of Oklahoma City Inc, founded in 1975, is a small nonprofit in the Housing & Shelter sector that reported $593K in total revenue in fiscal year 2025. Expenses of $531K left a modest 11% surplus.

Mission

Providing housing facilities and related services to the elderly and handicapped persons under the National Housing Act of

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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 $588,655
Investment Income $684
Other Revenue $3,726
TOTAL REVENUE $593,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,429
Fundraising Expenses $0
Program Expenses $530,662
Other Expenses $396,233
TOTAL EXPENSES $530,662

Year-over-Year Comparison

2025 2024 Change
Revenue $593,065 $582,202 +0.0%
Expenses $530,662 $544,569 0.0%
Net Income $62,403 $37,633 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE SOULEN BOARD MEMBER 001.00
Director
$0 $0 $0
REV MICHAEL BURKETT EX-OFFICIO 001.00
Director
$0 $0 $0
DENNIS PURIFOY BOARD MEMBER 001.00
Director
$0 $0 $0
JIM HINDS BOARD MEMBER 001.00
Director
$0 $0 $0
REV AARON TIGER EX-OFFICIO 001.00
Director
$0 $0 $0
KAY NIX BOARD MEMBER 001.00
Director
$0 $0 $0
GEOFF WHITE BOARD MEMBER 001.00
Director
$0 $0 $0
CHUCK GOOCH BOARD MEMBER 001.00
Director
$0 $0 $0
JOAN FOGLE BOARD MEMBER 001.00
Director
$0 $0 $0
ROBERT T JENNINGS SECRETARY/TREASURER 001.00
Officer Director
$0 $0 $0
RICHARD RADEKA PRESIDENT 001.00
Officer 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
2025 $593,065 $530,662 $1,152,182 $62,403
2024 $582,202 $544,569 $1,086,818 $37,633
2023 $556,476 $529,136 $1,112,806 $27,340
2022 $526,980 $590,056 $1,123,623 $-63,076
2021 $528,735 $540,750 $1,228,788 $-12,015
2020 $527,354 $523,440 $1,241,216 $3,914
2019 $507,643 $532,350 $1,261,907 $-24,707
2018 $506,614 $497,809 $1,313,388 $8,805
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