RIVER CITY HOUSING CONNECTIONS

EIN: 833514917 501(c)(3) Housing & Shelter

OMAHA, NE

Total Revenue
$552,648
Total Expenses
$53,049
Total Assets
$722,619
Net Assets
$660,346
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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
2019
Legal Domicile
NE
Principal Officer
JOANIE BALK
Phone
4024446900
Tax Period
2024-01-01 to 2024-12-31

RIVER CITY HOUSING CONNECTIONS, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $553K in total revenue in fiscal year 2024. Revenue surged 451% from the prior year, signaling strong growth momentum. The organization ran a surplus of $500K, a strong 90% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME PERSONS.

Program Service Accomplishments

Program 1
Expenses: $53,049 Revenue: $544,829

TO PROVIDE SAFE, SANITARY, AND AFFORDABLE HOUSING TO QUALIFYING FAMILY RESIDENTS AND TO EXPAND THE UNIT BASE AVAILABLE FOR SUCH PURPOSES PER HUD.

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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 $544,829
Investment Income $7,819
Other Revenue $0
TOTAL REVENUE $552,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,049
Other Expenses $53,049
TOTAL EXPENSES $53,049

Year-over-Year Comparison

2024 2023 Change
Revenue $552,648 $100,232 +4.5%
Expenses $53,049 $45,777 +0.2%
Net Income $499,599 $54,455 +8.2%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
3

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
$237,234
Total Directors
4
$237,234
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAYLOR JENNIFER PRESIDENT 1.00
Officer Director
$0 $0 $0
DOUGHERTY JOEL VICE CHAIR 1.00
Officer Director
$0 $0 $0
BALK JOANIE SECRETARY 1.00
Officer Director
$0 $32,246 $237,234
LEVY DAVID DIRECTOR 1.00
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 $552,648 $53,049 $722,619 $499,599
2024 No data No data No data No data
2023 $100,232 $45,777 $160,747 $54,455
2022 $4,476 $202,896 $136,375 $-198,420
2021 $350,121 $50,974 $343,650 $299,147
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