CRETE HOUSING & COMMUNITY DEVELOPMENT CORPORATION

EIN: 861234198

CRETE, NE

Total Revenue
$20,000
Total Expenses
$2,600
Total Assets
$566,200
Net Assets
$566,200
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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
2020
Legal Domicile
NE
Principal Officer
TOM OURADA
Phone
4028264312
Tax Period
2024-01-01 to 2024-12-31

CRETE HOUSING & COMMUNITY DEVELOPMENT CORPORATION, founded in 2020, is a micro nonprofit that reported $20K in total revenue in fiscal year 2024. The organization ran a surplus of $17K, a strong 87% operating margin.

Mission

TO FURTHER CHARITABLE, CIVIC, AND COMMUNITY DEVELOPMENT AND REDEVELOPMENT EFFORTS IN AND AROUND THE CITY OF CRETE, NEBRASKA.

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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 $20,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,600
TOTAL EXPENSES $2,600

Year-over-Year Comparison

2024 2023 Change
Revenue $20,000 N/A N/A
Expenses $2,600 $11,200 -0.8%
Net Income $17,400 $-11,200 -2.6%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BAUER DIRECTOR 5.00
Director
$0 $0 $0
ANNA BURGE DIRECTOR 5.00
Director
$0 $0 $0
JUSTIN KOZISEK DIRECTOR 5.00
Director
$0 $0 $0
TOM OURADA DIRECTOR 5.00
Officer Director
$0 $0 $0
TOM SORENSEN DIRECTOR 5.00
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 $20,000 $2,600 $566,200 $17,400
2023 No data $11,200 $548,800 No data
2022 No data No data $560,000 No data
2021 $560,000 No data $560,000 No data
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