Deforest Elderly Housing Management Corp

Nonprofit profile at a glance

EIN
391861336
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Deforest, WI, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Management & Technical Assistance

Reported finances

Revenue
$13,136
Expenses
$12,095
Assets
$45,451

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • SUE BEADLE (PRESIDENT)

People named in this filing

  • SUE BEADLE (PRESIDENT)
  • JON CRAWFORD (VICE PRESIDE)
  • STEPHANIE BODDEN (TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing, which shall include, among other things, the construction, reconstruction, and remodeling of housing: the establishment and development of subdivisions, planned developments and other acceptable forms of land use, for poor, low and moderate income persons. To act as the management and operations agent of the property owned by the deforest elderly housing owner corporation, inc.

What it reported doing in 2024

To provide housing, which shall include, among other things, the construction, reconstruction, and remodeling o housing: the establishment and development of subdivisions planned developments and other acceptable forms of land use, for poor, low and moderate income persons. To act as the management and operations agent of the property owned by the deforest elderly housing owner corporation, inc.

Operating model

Revenue model
Earned-program. 100% 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: 91
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 95.9%; rating input score 96

Transparency & Controls

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

Sustainability

  • Operating margin: 7.9%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 3.76; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 88.1% of revenue deployed · 95.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 59/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.