Callaway Housing Corporation

Nonprofit profile at a glance

EIN
470599881
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025
Location
Callaway, NE, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$155,499
Expenses
$141,914
Assets
$302,899
Liabilities
$54,755

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Mike Cozad (VICE PRESIDENT)
  • SHEILA ELLIS (PRESIDENT)

People named in this filing

  • Mike Cozad (VICE PRESIDENT)
  • SUSANNE LONGMORE (SECTREASURER)
  • DOUG GSCHWIND (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide elderly subsidized housing

What it reported doing in 2025

Up to 20 Apartments for elderly and handicapped persons that are susidized if needed by HUD or USDA.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.6%; rating input score 89
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.7%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 20.3% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 88.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $142K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.