SALEM ARMS COMMUNITY HOUSING (EIN 911545042) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

DAVID TIETZ

Phone

5093270774

Tax Period

2024-01-01 to 2024-12-31

SALEM ARMS COMMUNITY HOUSING, founded in 1991, is a small nonprofit in the Unknown sector that reported $311K in total revenue in fiscal year 2024. Expenses of $372K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO DEVELOP AND MANAGE RENTAL PROPERTIES FOR LOW-INCOME HOUSEHOLDS WITH A FOCUS ON LARGE FAMILIES, INDIVIDUALS EXPERIENCING HOMELESSNESS, AND INDIVIDUALS SUFFERING FROM CHRONIC MENTAL ILLNESS; ALL WHILE ENCOURAGING THEM TOWARD SELF - SUFFICIENCY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,258

Program Service Revenue $306,395

Investment Income $179

Other Revenue $0

TOTAL REVENUE $310,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,880

Fundraising Expenses $28,652

Program Expenses $333,773

Other Expenses $268,096

TOTAL EXPENSES $371,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,832	$290,182	+0.1%
Expenses	$371,976	$332,612	+0.1%
Net Income	$-61,144	$-42,430	+0.4%

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

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

$71,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOMER TODD	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID IVO JELLE	BOARD MEMBER	1.00	Director	$0	$0	$0
LONNIE TORTORELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT HUMBIRD	BOARD MEMBER	1.00	Director	$0	$0	$0
SEAN GILBERT	PRESIDENT	2.00	Officer	$0	$0	$0
DOUG WEINRICH	SECRETARY	2.00	Officer	$0	$0	$0
DAVID TIETZ	EXECUTIVE DIRECTOR	40.00	Officer	$71,600	$0	$71,600
MARK KING	VICE PRESIDENT	2.00	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	$310,832	$371,976	$1,108,541	$-61,144
2023	$290,182	$332,612	$1,185,980	$-42,430
2022	$263,879	$310,514	$1,251,559	$-46,635
2021	$261,376	$265,155	$1,322,799	$-3,779
2020	$320,813	$267,384	$1,344,386	$53,429
2019	$288,588	$307,974	$1,349,738	$-19,386
2018	$261,374	$314,202	$1,387,657	$-52,828

SALEM ARMS COMMUNITY HOUSING