IMMOKALEE FAIR HOUSING ALLIANCE INC

EIN: 833223257 501(c)(3) Housing & Shelter

IMMOKALEE, FL

Total Revenue
$5,217,172
Total Expenses
$260,911
Total Assets
$13,335,739
Net Assets
$10,402,048
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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
FL
Principal Officer
ALAN PENICK
Tax Period
2024-01-01 to 2024-12-31

IMMOKALEE FAIR HOUSING ALLIANCE INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $5.2M in total revenue in fiscal year 2024. Revenue surged 550% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.0M, a strong 95% operating margin.

Mission

THE ORGANIZATION WAS ESTABLISHED WITH THE MISSION OF DEVELOPING SAFE AND AFFORDABLE RENTAL HOUSING OPTIONS FOR IMMOKALEE'S FARM WORKERS AND THEIR FAMILIES. THE PROJECT WILL BE FUNDED BY GRANTS AND DONATIONS, ELIMINATING THE NEED FOR A MORTGAGE AND ALLOWING FOR AFFORDABLE RENT PRICES.

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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 $5,208,967
Program Service Revenue $0
Investment Income $7,930
Other Revenue $275
TOTAL REVENUE $5,217,172

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $260,911
Other Expenses $260,911
TOTAL EXPENSES $260,911

Year-over-Year Comparison

2024 2023 Change
Revenue $5,217,172 $802,926 +5.5%
Expenses $260,911 $227,161 +0.1%
Net Income $4,956,261 $575,765 +7.6%
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
17
Independent Members
17
Employees
1
Volunteers
25

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
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AROL BUNTZMAN CHAIR N/A
Officer Director
$0 $0 $0
ALAN PENICK TREASURER N/A
Officer Director
$0 $0 $0
CARELTON CLEVELAND DIRECTOR N/A
Director
$0 $0 $0
GRAHAM HART DIRECTOR N/A
Director
$0 $0 $0
BETTY MANGOS VICE CHAIR N/A
Officer Director
$0 $0 $0
ROB MARROW SECRETARY N/A
Officer Director
$0 $0 $0
MICHAEL BUTLER DIRECTOR N/A
Director
$0 $0 $0
JULIA PERKINS DIRECTOR N/A
Director
$0 $0 $0
A J ATTAVAR DIRECTOR N/A
Director
$0 $0 $0
MARTINE WOOLLEY DIRECTOR N/A
Director
$0 $0 $0
HAROLD HILLS DIRECTOR N/A
Director
$0 $0 $0
JULIE BORDEN DIRECTOR N/A
Director
$0 $0 $0
LISA CASEY DIRECTOR N/A
Director
$0 $0 $0
JANET POGAR DIRECTOR N/A
Director
$0 $0 $0
CHARLES JARRETT DIRECTOR N/A
Director
$0 $0 $0
BRIGID SOLDAVINI FINANCE CHAI N/A
Officer Director
$0 $0 $0
DAVID MILLSTEIN DIRECTOR N/A
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 $5,217,172 $260,911 $13,335,739 $4,956,261
2023 $802,926 $227,161 $6,264,757 $575,765
2022 $3,325,758 $142,796 $7,444,220 $3,182,962
2021 $687,060 $145,361 $2,605,453 $541,699
2020 $536,245 $46,963 $1,305,968 $489,282
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