Civic Intelligence

Almena Housing Authority

990 • Fiscal year 2022 • EIN 39-1497832

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 07, 2023

PO Box 237Almena, WI 54805

(715) 357-3320

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

57th percentile

8.5%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$225

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

9.3%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$438,987

Up $6,171 (+1.4%) from 2021

Net Assets

Up

$438,530

Up $6,373 (+1.5%) from 2021

Liabilities

Down

$457

Down $202 (-31%) from 2021

Revenue

Up

$75,194

Up $6,382 (+9.3%) from 2021

Expenses

Up

$68,821

Up $5,123 (+8.0%) from 2021

Net Income

Up

$6,373

Up $1,259 (+25%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $243,740Liabilities 2010: $411Net Assets 2010: $243,3292010Assets 2011: $254,616Liabilities 2011: $481Net Assets 2011: $254,1352011Assets 2012: $282,575Liabilities 2012: $501Net Assets 2012: $282,0742012Assets 2013: $320,530Liabilities 2013: $517Net Assets 2013: $320,0132013Assets 2014: $346,283Liabilities 2014: $476Net Assets 2014: $345,8072014Assets 2015: $383,563Liabilities 2015: $468Net Assets 2015: $383,0952015Assets 2016: $405,129Liabilities 2016: $481Net Assets 2016: $404,6482016Assets 2017: $421,491Liabilities 2017: $503Net Assets 2017: $420,9882017Assets 2018: $405,071Liabilities 2018: $502Net Assets 2018: $404,5692018Assets 2020: $427,836Liabilities 2020: $793Net Assets 2020: $427,0432020Assets 2021: $432,816Liabilities 2021: $659Net Assets 2021: $432,1572021Assets 2022: $438,987Liabilities 2022: $457Net Assets 2022: $438,5302022

Highlighted filing

2022

Assets$438,987
Liabilities$457
Net Assets$438,530

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KExpenses 2010: $46,4242010Expenses 2011: $48,7722011Expenses 2012: $38,5532012Revenue 2013: $76,394Expenses 2013: $38,455Net Income 2013: $37,9392013Revenue 2014: $73,549Expenses 2014: $46,164Net Income 2014: $27,3852014Revenue 2015: $80,330Expenses 2015: $43,042Net Income 2015: $37,2882015Revenue 2016: $74,332Expenses 2016: $52,779Net Income 2016: $21,5532016Revenue 2017: $74,568Expenses 2017: $58,228Net Income 2017: $16,3402017Revenue 2018: $60,636Expenses 2018: $77,055Net Income 2018: -$16,4192018Revenue 2020: $65,471Expenses 2020: $55,011Net Income 2020: $10,4602020Revenue 2021: $68,812Expenses 2021: $63,698Net Income 2021: $5,1142021Revenue 2022: $75,194Expenses 2022: $68,821Net Income 2022: $6,3732022

Highlighted filing

2022

Revenue$75,194
Expenses$68,821
Net Income$6,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 7, 2023
Return Version
2022v5.0
Gross Receipts
$75,194
Mission and Program Overview

Mission

To provide affordable low income housing to the almena, wisconsin area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$432,157$438,530▲ $6,373
Savings and Temporary Cash Investments$301,722$305,865▲ $4,143
Cash and Non-Interest-Bearing Accounts$84,195$90,439▲ $6,244
Land, Buildings, and Equipment, Net$46,899$42,683▼ $4,216
Total Assets$432,816$438,987▲ $6,171
Liabilities
Other Liabilities$659$457▼ $202
Total Liabilities$659$457▼ $202
Net Assets / Fund Balance
Total Net Assets Fund Balance$432,157$438,530▲ $6,373
Total Liabilities and Net Assets / Fund Balance$432,816$438,987▲ $6,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$37,428$355,223$392,651
Other Land Buildings$1,837$56,274$58,111
Leasehold Improvements$3,418$15,864$19,282
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lowell WohlkChairman$225$225
Don ThuftinDirector$150$150
Tom PickelmanDirector$150$150
Jerry NordquistDirector$120$120
Lauren SchwederskeDirector$30$30

Board Members and Trustees

NameTitle
John TempleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$71,811
Investment Income
$3,383
Other Revenue
$0
Change in Net Assets
$6,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,123
Salaries, Compensation, and Employee Benefits$20,698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,600--$18,600
All Other Expenses$4,070$4,251-$8,321
Insurance$6,473--$6,473
Fees for Services Accounting-$5,987-$5,987
Depreciation Depletion$4,216--$4,216
Other Expenses$2,754--$2,754
Payroll Taxes$1,423--$1,423
Current Officers, Directors, Trustees, and Key Employees-$675-$675
Office Expenses-$118-$118
Advertising$65--$65
Total Functional Expenses$57,790$11,031$0$68,821
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

REVIEWED BY BOARD

Form 990, Page 6, Part VI, Line 15B

1 employee. Salary set by board.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Almena Housing Authority
EIN
39-1497832
Phone
7153573320
Address
PO BOX 237, ALMENA, WI 54805

Signing Officer

Name
Lowell Wohlk
Title
Chairman
Phone
7153573320
Signed
2023-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lowell Wohlk
Formed
1981
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
6

Preparer

Firm
Guinn Vinopal & Zahradka Llp
Address
675 GARFIELD ST S STE A, ALMENA, WI 54805-7031
Preparer
Jessica Keopple
Phone
7153573013
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Laundry & cleaning 2,245 0 0 license and fees 0 2,224 0 sanitation 1,825 0 0 miscellaneous 0 1,221 0 checks returned nsf 0 791 0 bank charges 0 15 0 total 4,070 4,251 0

Raw XML Appendix321 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LAUNDRY & CLEANING 2,245 0 0 LICENSE AND FEES 0 2,224 0 SANITATION 1,825 0 0 MISCELLANEOUS 0 1,221 0 CHECKS RETURNED NSF 0 791 0 BANK CHARGES 0 15 0 TOTAL 4,070 4,251 0
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ReturnHeader/Filer/PhoneNum07153573320
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 237
ReturnHeader/Filer/USAddress/CityNm0ALMENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054805
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391825995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GUINN VINOPAL & ZAHRADKA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0675 GARFIELD ST S STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALMENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0548057031
ReturnHeader/PreparerPersonGrp/PhoneNum07153573013
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA KEOPPLE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-15T17:32:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOWELL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WOLK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$0.75$0.69$0.06
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.33$0.01$4.32$0.69$0.64$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.01$4.27$0.65$0.55$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.01$4.05$0.61$0.77$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$0.01$4.21$0.75$0.58$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.00$4.05$0.74$0.53$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.84$0.00$3.83$0.80$0.43$0.37
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.00$3.46$0.74$0.46$0.27
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.21$0.01$3.20$0.76$0.38$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.01$2.82$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.00$2.54$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.43$0.46