CHIARA HOUSING AND SERVICES INC

EIN: 832128180 501(c)(3) Housing & Shelter

WAUKESHA, WI

Total Revenue
$3,720,167
Total Expenses
$4,051,999
Total Assets
$294,706,267
Net Assets
$43,765,554
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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
2018
Legal Domicile
WI
Principal Officer
Glen Choban
Phone
2627981224
Tax Period
2024-01-01 to 2024-12-31

CHIARA HOUSING AND SERVICES INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2024. Net assets of $43.8M represent 141 months of operating reserves.

Mission

To provide affordable housing and care to at risk populations mainly those people experiencing the aging process.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,717,896
Investment Income $2,271
Other Revenue $0
TOTAL REVENUE $3,720,167

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,122,516
Fundraising Expenses $0
Program Expenses $4,051,999
Other Expenses $2,929,483
TOTAL EXPENSES $4,051,999

Year-over-Year Comparison

2024 2023 Change
Revenue $3,720,167 N/A N/A
Expenses $4,051,999 N/A N/A
Net Income $-331,832 $0 N/A
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
5
Independent Members
5
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Glen Choban President/ Director 5.00
Officer Director
$0 $0 $0
Russell McMinn Treasurer/Director 5.00
Officer Director
$0 $0 $0
Ricardo Diaz Director 5.00
Director
$0 $0 $0
Fr Timothy Kitzke Director 5.00
Director
$0 $0 $0
Katheleen Gale Secretary/Director 5.00
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
2024 $3,720,167 $4,051,999 $294,706,267 $-331,832
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