Chippewa Valley Ecumenical Housing Association Inc
Nonprofit profile at a glance
- EIN
- 391503681
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Eau Claire, WI, USA
- Phone
- 7158323003
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $188,705
- Expenses
- $204,825
- Assets
- $555,405
- Liabilities
- $596,393
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- PAUL LOKKEN (PRESIDENT)
- DALE REID (VICE PRESIDENT)
- BARB EIDAHL (CHURCH COUNCIL PRESIDENT)
- AMY DUHR (CEO)
Highest reported compensation
- AMY DUHR (CEO): $248,163 total reported compensation
- JAMIE LARSON (COO): $173,775 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing elderly and handicapped persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in living longer. The charges for such facilities and services are predicated upon the provision, maintenance, and operation there of on a nonprofit basis.
What it reported doing in 2024
Owns and operates an 18-unit low-income apartment complex project, under hud section 202, located in chippewa falls, Wisconsin. The average occupancy of the apartments was 100% in 2024.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 65
- Accountability: 91
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 85.7%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.5%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 2.71; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 1.07; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 22.6%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 20.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 93.1% of revenue deployed · 85.7% of spending went to programs
- Governance: 10 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $176K in reported program spending
- Leadership: top reported pay $248K · 12 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 2 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 17/100.