THE MULTIFAMILY IMPACT COUNCIL

EIN: 880844004 Housing & Shelter

SIOUX FALLS, SD

Total Revenue
$534,140
Total Expenses
$506,544
Total Assets
$207,970
Net Assets
$197,361
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
SD
Principal Officer
BOB SIMPSON
Phone
6053764542
Tax Period
2025-01-01 to 2025-12-31

THE MULTIFAMILY IMPACT COUNCIL, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $534K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $507K left a modest 5% surplus.

Mission

WE EXIST FOR THE GOOD OF THE INDUSTRY. WE EMPOWER IMPACT MOTIVATED OWNERS AND INVESTORS TO DO WELL, DO GOOD, AND DO MORE TOGETHER. WE WILL PARTNER WITH ANYONE WHO SHARES OUR BELIEF THAT HEALTHY, FINANCIALLY STABLE RENTERS CREATE HEALTHY, FINANCIALLY STABLE PROPERTIES. OUR TRADEMARKED MULTIFAMILY IMPACT FRAMEWORK REPRESENTS THE INDUSTRY STANDARD FOR IMPACT INVESTING IN THE UNITED STATES. THROUGH IT, WE MAINTAIN SEVEN CORE PRINCIPLES THAT DEFINE MINIMUM IMPACT THRESHOLD REQUIREMENTS AND ARTICULATE REPORTING METRICS THAT PROMOTE TRANSPARENCY AND ENABLE MEMBERS TO ESTABLISH MEANINGFUL, TANGIBLE, AND ALIGNED IMPACT GOALS.WE MAKE IT EASIER FOR IMPACT INVESTMENT PROFESSIONALS TO BUILD RELATIONSHIPS, ACCESS RESEARCH AND SHARE BEST PRACTICES THAT EDUCATE, TRAIN, AND SUPPORT THE CAREER GROWTH OF IMPACT PROFESSIONALS IN THE RENTAL HOUSING SECTOR. OUR EXPERTISE IS GROWING THE INDUSTRY'S EXPERTISE.

Program Service Accomplishments

Program 1

MAINTAINED AN ON-LINE PLATFORM TO SHARE INFORMATION, RESEARCH AND BEST PRACTICES TO OUR MEMBERS AND THE BROADER MULTI-FAMILY (MF) INDUSTRY VIA OUR MULTIFAMILY IMPACT COUNCIL (MIC) RESOURCE CENTER -...

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MAINTAINED AN ON-LINE PLATFORM TO SHARE INFORMATION, RESEARCH AND BEST PRACTICES TO OUR MEMBERS AND THE BROADER MULTI-FAMILY (MF) INDUSTRY VIA OUR MULTIFAMILY IMPACT COUNCIL (MIC) RESOURCE CENTER - AN ONLINE LIBRARY OF RESEARCH, TOOLS, AND BEST PRACTICES ACROSS EACH OF OUR 7 IMPACT PRINCIPLES.MAINTAINED A MONTHLY MIC NEWSLETTER AND QUARTERLY WEBINARS TO SHARE INFORMATION AND HIGHLIGHT BEST PRACTICES AND KEY TOPICS OF INTEREST TO THE MF IMPACT INVESTMENT COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $531,960
Program Service Revenue $0
Investment Income $2,180
Other Revenue $0
TOTAL REVENUE $534,140

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $496,544
TOTAL EXPENSES $506,544

Year-over-Year Comparison

2025 2024 Change
Revenue $534,140 $794,295 -0.3%
Expenses $506,544 $637,996 -0.2%
Net Income $27,596 $156,299 -0.8%
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
6
Independent Members
5
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB SIMPSON PRES, SEC & CEO 20.00
Officer Director
$0 $0 $0
ANTONIO MARQUEZ CHAIR 1.00
Officer Director
$0 $0 $0
SUMMER HALTI VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS HERMANN TREASURER (AS OF AUG 2025) 1.00
Officer Director
$0 $0 $0
AMANDA NUNNINK BOARD MEMBER 1.00
Director
$0 $0 $0
THOM AMDUR BOARD MEMBER 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
2025 $534,140 $506,544 $207,970 $27,596
2024 No data No data No data No data
2023 $592,134 $515,113 $469,175 $77,021
2022 $231,958 $295,513 $839,548 $-63,555
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