Ho-chunk Housing and Community Development Agency

What it reported doing in 2024

Housing management program: the organization provided down payment assistance to 1 eligible household. The organization also provided rental assistance to 24 households, along with 26 families in the metro area and college rental assistance to 33 students. Hhcda also provided veterans with rental subsidies. The tribal repair program provided assistance to 11 tribal homeowners, and assisted 6 tribal homeowners with the emergency tribal repair program.maintenance included window installation on 15 units, and window repairs were done on 1 unit, and 4 roofs were replaced. Replaced 4 garage doors on a units, and repaired garage doors on 11 units. Repaired the entrance door on 1 community building and 1 multifamily building. Installed 3 new furnaces, 59 furnaces and/or ac units serviced/repaired, 5 a/c units replaced. Hvac duct cleaning was performed in 18 units, and dryer duct cleaning was performed in 2 units. Total rehabilitation was performed on 6 units, with 42 units being prepared for move ins. Kitchen cabinets were replaced in 2 units, 1 deck was repaired, exterior doors were replaced on 8 units, interior doors were replaced on 18 units, counter tops were replaced in 2 units, and carpets were cleaned in 3 units. 4 water heaters were replaced, various appliances were replaced in 2 units, and the refrigerator was replaced in 1 of the community building kitchens. The entrance doors on 1 community building and 1 multifamily unit were repaired. 4 water treatment systems were replaced in units, and 10 were serviced. 10 units and 1 community building had the septic pumped. 1 well was repaired at a unit. Electrical repairs were performed in 3 units and 1 community building. Plumbing repairs were completed in 21 units. Basement repairs were completed in 1 unit and a major foundation repair was performed on 1 multifamily unit.development had various continuing and new projects during the year. The continued projects are the 10-unit family supportive housing facility and will be completed in february 2025, and 22 small homes located in various areas all the homes were completed in the spring of 2024. Development also completed the kitchen rehab in one of our community buildings and remediated basement water issues in 2 units. New projects were the icdbg solar project, 40 units had solar panels installed to help tenants reduce utility costs. Icdbg tier 3 was used to start construction on 6 new low-income housing units. This project will be completed in 2024. The community resource center packed and delivered 92 essential needs bags to families before the school year started. 2 new playgrounds were installed in 2 of the hhcda communities. The picnic shelter project was completed in november of 2024 for 1 community in the wittenberg area.

Financial Efficiency

• Mission deployment rate: 42.3%; rating input score 42
• Program expense ratio: 77%; rating input score 77
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 46.3%; rating input score 93; 93rd percentile among comparable filings
• Total-asset coverage ratio: 3.98; rating input score 81; 81st percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
• Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 7.7% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 7.8% per year; rating input score 100; 64th percentile among comparable filings
• Asset growth: 0.7% per year; rating input score 100; 13th percentile among comparable filings