HOUSING AND BUILDING ASSOCIATION OF WESTERN COLORADO INC (EIN 840748945) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

SHAYNA HEINEY

Phone

9708525707

Tax Period

2023-01-01 to 2023-12-31

HOUSING AND BUILDING ASSOCIATION OF WESTERN COLORADO INC, founded in 1977, is a small nonprofit that reported $343K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $328K left a modest 5% surplus.

Mission

WE ARE A PROFESSIONAL ORGANIZATION COMMITTED TO THE ADVANCEMENT OF OUR MEMBERSHIP AND THE HOME BUILDING INDUSTRY THROUGH POLITICAL REPRESENTATION, COMMUNITY SERVICE, AND EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,332

Program Service Revenue $330,712

Investment Income $0

Other Revenue $0

TOTAL REVENUE $343,044

Expense Breakdown

Grants Paid $11,500

Salaries & Benefits $70,773

Fundraising Expenses $0

Program Expenses $170,928

Other Expenses $245,270

TOTAL EXPENSES $327,543

Year-over-Year Comparison

	2023	2022	Change
Revenue	$343,044	$238,541	+0.4%
Expenses	$327,543	$179,995	+0.8%
Net Income	$15,501	$58,546	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON ABELOE	DIRECTOR	N/A	Director	$0	$0	$0
KARRIE KUKLISH	DIRECTOR	N/A	Director	$0	$0	$0
KELLY MAVES	DIRECTOR	N/A	Director	$0	$0	$0
TRINA NOSTRAND	DIRECTOR	N/A	Director	$0	$0	$0
EMILY POWELL	DIRECTOR	N/A	Director	$0	$0	$0
NICOLE RUIZ	DIRECTOR	N/A	Director	$0	$0	$0
JASON RUND	DIRECTOR	N/A	Director	$0	$0	$0
DARRIN WADE	DIRECTOR	N/A	Director	$0	$0	$0
RANDY WHETZELL	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN YOUNG	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN BRAY	PRESIDENT	N/A	Officer	$0	$0	$0
JENNA DAHL	TREASURER	N/A	Officer	$0	$0	$0
CHARLIE GECHTER	PRESIDENT EL	N/A	Officer	$0	$0	$0
SHAYNA HEINEY	EXECUTIVE OF	N/A	Officer	$0	$0	$0
KENDALL MONTAGRIFF	SECRETARY	N/A	Officer	$0	$0	$0
ERIC REEL	PAST PRESIDE	N/A	Officer	$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	No data	No data	No data	No data
2023	$343,044	$327,543	$281,419	$15,501
2022	$238,541	$179,995	$274,065	$58,546
2021	$216,748	$104,226	$209,579	$112,522
2020	$158,484	$178,936	$114,727	$-20,452
2019	$263,234	$269,639	$138,233	$-6,405

HOUSING AND BUILDING ASSOCIATION OF WESTERN COLORADO INC