Civic Intelligence

Oakfield Housing Inc

EIN 39-1877014 • 501(c)3 • Madison, WI

Profile

To provide elderly or disabled 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 longer living, the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.

150 E Gilman Street 1500Madison, WI 53703

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-23%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

-2.1%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$331,706

Down $7,285 (-2.1%) from 2023

Liabilities

Up

$22,907

Up $13,074 (+133%) from 2023

Net Assets

Down

$308,799

Down $20,359 (-6.2%) from 2023

Revenue

Up

$86,014

Up $13,741 (+19%) from 2023

Expenses

Up

$106,058

Up $13,580 (+15%) from 2023

Net Income

Up

-$20,044

Up $161 (+0.8%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $459,270Liabilities 2010: $64,982Net Assets 2010: $394,2882010Assets 2011: $451,761Liabilities 2011: $65,734Net Assets 2011: $386,0272011Assets 2012: $457,412Liabilities 2012: $62,075Net Assets 2012: $395,3372012Assets 2013: $440,669Liabilities 2013: $40,667Net Assets 2013: $400,0022013Assets 2014: $428,945Liabilities 2014: $27,747Net Assets 2014: $401,1982014Assets 2015: $413,120Liabilities 2015: $18,874Net Assets 2015: $394,2462015Assets 2016: $413,787Liabilities 2016: $18,475Net Assets 2016: $395,3122016Assets 2017: $400,668Liabilities 2017: $11,496Net Assets 2017: $389,1722017Assets 2018: $391,487Liabilities 2018: $11,133Net Assets 2018: $380,3542018Assets 2019: $377,470Liabilities 2019: $12,880Net Assets 2019: $364,5902019Assets 2020: $366,740Liabilities 2020: $5,952Net Assets 2020: $360,7882020Assets 2021: $364,389Liabilities 2021: $8,799Net Assets 2021: $355,5902021Assets 2022: $359,647Liabilities 2022: $10,284Net Assets 2022: $349,3632022Assets 2023: $338,991Liabilities 2023: $9,833Net Assets 2023: $329,1582023Assets 2024: $331,706Liabilities 2024: $22,907Net Assets 2024: $308,7992024

Highlighted filing

2024

Assets$331,706
Liabilities$22,907
Net Assets$308,799

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $72,713Expenses 2010: $47,434Net Income 2010: $25,2792010Revenue 2011: $44,458Expenses 2011: $52,719Net Income 2011: -$8,2612011Revenue 2012: $60,593Expenses 2012: $51,283Net Income 2012: $9,3102012Revenue 2013: $57,190Expenses 2013: $52,525Net Income 2013: $4,6652013Revenue 2014: $53,118Expenses 2014: $51,922Net Income 2014: $1,1962014Revenue 2015: $44,926Expenses 2015: $51,878Net Income 2015: -$6,9522015Revenue 2016: $52,387Expenses 2016: $51,321Net Income 2016: $1,0662016Revenue 2017: $61,824Expenses 2017: $67,964Net Income 2017: -$6,1402017Revenue 2018: $65,479Expenses 2018: $74,297Net Income 2018: -$8,8182018Revenue 2019: $61,100Expenses 2019: $76,864Net Income 2019: -$15,7642019Revenue 2020: $73,679Expenses 2020: $77,481Net Income 2020: -$3,8022020Revenue 2021: $68,621Expenses 2021: $73,819Net Income 2021: -$5,1982021Revenue 2022: $67,614Expenses 2022: $73,841Net Income 2022: -$6,2272022Revenue 2023: $72,273Expenses 2023: $92,478Net Income 2023: -$20,2052023Revenue 2024: $86,014Expenses 2024: $106,058Net Income 2024: -$20,0442024

Highlighted filing

2024

Revenue$86,014
Expenses$106,058
Net Income-$20,044

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.32$0.23$3.09$0.86$1.06$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.39$0.10$3.29$0.72$0.92$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.60$0.10$3.49$0.68$0.74$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.64$0.09$3.56$0.69$0.74$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.67$0.06$3.61$0.74$0.77$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.77$0.13$3.65$0.61$0.77$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.91$0.11$3.80$0.65$0.74$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.01$0.11$3.89$0.62$0.68$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.14$0.18$3.95$0.52$0.51$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.13$0.19$3.94$0.45$0.52$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.29$0.28$4.01$0.53$0.52$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.41$0.41$4.00$0.57$0.53$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$0.62$3.95$0.61$0.51$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$0.66$3.86$0.44$0.53$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$0.65$3.94$0.73$0.47$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 19, 2025
Return Version
2024v5.2
Gross Receipts
$86,014
Mission and Program Overview

Mission

To provide elderly or disabled 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 longer living, the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE LOW-INCOME HOUSING TO ELDERLY AND DISABLED PERSONS. THE WHPC BOARD OF DIRECTORS REPLACED THE FORMER BOARD IN APRIL 2010. AT THAT TIME, ONLY TWO OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS. AS OF DECEMBER 31, 2024, ALL TEN UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS.$0$101,110
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRETT GERBERDirector-$0--
DAN KROETZDirector-$0--
DAVID STRELITZDirector-$0--
JAMES CARTERDirector-$0--
NATALIE ERDMANDirector-$0--
REGINA DUNKINDirector-$0--
WENDY BAUMANNDirector-$0--
ERBERT JOHNSONTreasurer-$0--
MARY WRIGHTPresident-$0--
LEE FERDERERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Oakfield Housing Inc
EIN
39-1877014
Phone
6088071430
Address
150 E GILMAN STREET 1500, MADISON, WI 53703

Signing Officer

Name
Mike Slavish
Title
President
Phone
6088071430
Signed
2025-08-19
Discuss with paid preparer
Yes

Preparer

Firm
Sva Certified Public Accts Sc
Address
1221 JOHN Q HAMMONS DRIVE, MADISON, WI 53717
Preparer
Kirsten Houghton
Phone
6088318181
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 3,538.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: depreciation. Amount: 16,025. Description: office expenses. Amount: 3,848. Description: misc. Administrative expenses. Amount: 1,683. Description: management fee. Amount: 4,948. Description: payroll/benefit reimbursement. Amount: 16,166. Description: information technology-software. Amount: 1,707. Total to form 990-ez, line 16: 44,377.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: -315.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 197. End of year amount: 5,313. Description: insurance escrow. Beg. Of year amount: 2,427. End of year amount: 1,636. Description: prepaid expenses. Beg. Of year amount: 2,412. End of year amount: 2,534. Description: replacement reserves. Beg. Of year amount: 71,363. End of year amount: 59,992. Description: tenants' security deposits. Beg. Of year amount: 3,141. End of year amount: 3,631. Description: other depreciable assets. Beg. Of year amount: 640. End of year amount: 557.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 6,168. End of year amount: 18,464. Description: tenants' security deposits. Beg. Of year amount: 1,703. End of year amount: 2,452. Description: prepaid revenue. Beg. Of year amount: 1,962. End of year amount: 1,991.

Raw XML Appendix219 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.

Path#Value
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE LOW-INCOME HOUSING TO ELDERLY AND DISABLED PERSONS. THE WHPC BOARD OF DIRECTORS REPLACED THE FORMER BOARD IN APRIL 2010. AT THAT TIME, ONLY TWO OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS. AS OF DECEMBER 31, 2024, ALL TEN UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3,538.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 16,025. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,848. DESCRIPTION: MISC. ADMINISTRATIVE EXPENSES. AMOUNT: 1,683. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 4,948. DESCRIPTION: PAYROLL/BENEFIT REIMBURSEMENT. AMOUNT: 16,166. DESCRIPTION: INFORMATION TECHNOLOGY-SOFTWARE. AMOUNT: 1,707. TOTAL TO FORM 990-EZ, LINE 16: 44,377.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -315.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 197. END OF YEAR AMOUNT: 5,313. DESCRIPTION: INSURANCE ESCROW. BEG. OF YEAR AMOUNT: 2,427. END OF YEAR AMOUNT: 1,636. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,412. END OF YEAR AMOUNT: 2,534. DESCRIPTION: REPLACEMENT RESERVES. BEG. OF YEAR AMOUNT: 71,363. END OF YEAR AMOUNT: 59,992. DESCRIPTION: TENANTS' SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 3,141. END OF YEAR AMOUNT: 3,631. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 640. END OF YEAR AMOUNT: 557.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 6,168. END OF YEAR AMOUNT: 18,464. DESCRIPTION: TENANTS' SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 1,703. END OF YEAR AMOUNT: 2,452. DESCRIPTION: PREPAID REVENUE. BEG. OF YEAR AMOUNT: 1,962. END OF YEAR AMOUNT: 1,991.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE SLAVISH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06088071430
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAKFIELD HOUSING INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O WISCONSIN HOUSING PRESERVATION CORP
ReturnHeader/Filer/BusinessNameControlTxt0OAKF
ReturnHeader/Filer/EIN0391877014
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ReturnHeader/Filer/USAddress/AddressLine1Txt0150 E GILMAN STREET 1500
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053703
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391203191
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SVA CERTIFIED PUBLIC ACCTS SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01221 JOHN Q HAMMONS DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053717
ReturnHeader/PreparerPersonGrp/PhoneNum06088318181
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIRSTEN HOUGHTON
ReturnHeader/ReturnTs02025-08-21T08:48:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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