Immanuel Affordable Inc
Nonprofit profile at a glance
- EIN
- 470831041
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Omaha, NE, USA
- Phone
- 4028292900
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $341,769
- Expenses
- $238,660
- Assets
- $540,290
- Liabilities
- $217,126
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- ERIC N GURLEY (CEO & PRESIDENT/SECRETARY)
Highest reported compensation
- ERIC N GURLEY (CEO & PRESIDENT/SECRETARY): $975,831 total reported compensation
- JULIE PALADINO-KAMINSKI (CHIEF OPERATING OFFICER): $414,839 total reported compensation
- SCOTT BEAR (CFO & VP/TREASURER): $401,217 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Christ-centered service to seniors, each other and the community.
What it reported doing in 2024
Provide low-income housing for the elderly and disabled. The facilities include 20 apartments.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 60
- Accountability: 79
- Sustainability: 58
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.1%; rating input score 41
- Program expense ratio: 56.9%; rating input score 57
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st 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: 30.2%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.26; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 232.6%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 41.1% of revenue deployed · 56.9% of spending went to programs
- Governance: 8 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $136K in reported program spending
- Leadership: top reported pay $976K · 19 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 6 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: 11 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.