Almena Housing Authority FY2022 filing

Almena, WIUnknown exempt organizationSince 1981 EIN 39-1497832Revenue $75K in FY2022

On file with the IRSPo Box 237 · Almena, WI

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To provide affordable low income Housing to the Almena, wisconsin area.

84¢ of each $1 spent went to programs.
$675 paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $7K a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$675
to officers and key staff · 1.0% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
69 mo
of spending, in cash
Looks good: 69.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$457
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$75K
+9% vs prior year
Spent
$69K
To programs
84%
Net assets
$439K
By yearFY2020–FY2025
Revenue
$75K
FY2022▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$65K
FY2021$69K
FY2022$75K
FY2023$76K
FY2024$76K
FY2025$90K
Expenses
$69K
FY2022▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$55K
FY2021$64K
FY2022$69K
FY2023$59K
FY2024$67K
FY2025$93K
Net assets
$439K
FY2022▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$427K
FY2021$432K
FY2022$439K
FY2023$455K
FY2024$463K
FY2025$460K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $58K Management & general 16% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $675 paid to officers and key staff.

Part VII, Section A · reportable compensation
Chairman
$225Pt VII · Sec A
$150Pt VII · Sec A
Director
$150Pt VII · Sec A
$120Pt VII · Sec A
$30Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Alan R Gabe$450————
Lowell Wohlk—$270$225$315—
Jerry Nordquist$300$150$120$120$150
Tom Pichelman$270$180———
Lauren Schwederske$240$150$30——
Don Thuftin$240$180$150$210$135
Lowell Wolk————$215
John Temple———$210$150

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for low-income residents in the Almena, Wisconsin area.

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Provided by the organization

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1 program · $58K · in their own filed words · FY2022
01

Low income housing rental units

$58Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$75K
Ln 12
Fees for servicesLn 2g$72K
Investment incomeLn 3$3K
Money outPt IX
$69K
Ln 25
Programscol B$58K
Managementcol C$11K
Owns and owesPt X
$439K
net assets · Ln 32
Cash and savingsLn 1–2$396K
Total assetsLn 16$439K
LiabilitiesLn 26$457
PeoplePt VI, VII
6
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$72K
Investment incomeLn 3$3K
Total revenueLn 12$75K
Assets in detailPt X, end of year
CashLn 1$90K
SavingsLn 2$306K
Cash and savings togetherLn 1–2$396K
Land, buildings, equipmentLn 10c$43K
Total assetsLn 16$439K
LiabilitiesLn 26$457
Net assetsLn 32$439K
OperationsPt I, VI
EmployeesI 52
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$386K$396K
Land, buildings, equipmentLn 10c$47K$43K
Total assetsLn 16$433K$439K
LiabilitiesLn 26$659$457
Net assetsLn 32$432K$439K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$675$675
Other salaries and wagesLn 7$19K$19K
Payroll taxesLn 10$1K$1K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$65$65
Office expensesLn 13$118$118
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$23K$23K
All other expensesLn 24e$8K$4K$4K
Total functional expensesLn 25$69K$58K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $90K$93K−$3K$460K 990 PDF
FY2024 $76K$67K$9K$463K 990 PDF
FY2023 $76K$59K$16K$455K 990 PDF
FY2022 Viewing $75K$69K$6K$439K 990 PDF
FY2021 $69K$64K$5K$432K 990 PDF
FY2020 $65K$55K$10K$427K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $75,194 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $65,468$71,811
I-10 Investment incomePrior year $3,344$3,383
I-11 Other revenue$0
I-12 Total revenuePrior year $68,812$75,194
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $20,355$20,698
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $43,343$48,123
I-18 Total expensesPrior year $63,698$68,821
I-19 Revenue less expensesPrior year $5,114$6,373
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $75,194 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $71,811$71,811
VIII-3 Investment incomeExcluded from tax $3,383$3,383
VIII-12 Total revenueRelated to mission $71,811 · Excluded from tax $3,383$75,194
Part IX · Statement of functional expenses $68,821 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $675$675
IX-7 Other salaries and wagesPrograms $18,600$18,600
IX-10 Payroll taxesPrograms $1,423$1,423
IX-11c Accounting feesManagement $5,987$5,987
IX-12 Advertising and promotionPrograms $65$65
IX-13 Office expensesManagement $118$118
IX-22 Depreciation, depletion and amortizationPrograms $4,216$4,216
IX-23 InsurancePrograms $6,473$6,473
IX-24 Other expenses (24a–d)Programs $22,943$22,943
IX-24e All other expensesPrograms $4,070 · Management $4,251$8,321
IX-25 Total functional expensesPrograms $57,790 · Management $11,031 · Fundraising $0$68,821
Part X · Balance sheet $438,987 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $84,195$90,439
X-2 Savings and temporary cash investmentsStart of year $301,722$305,865
X-10c Land, buildings and equipment, netStart of year $46,899$42,683
X-16 Total assetsStart of year $432,816$438,987
X-25 Other liabilitiesStart of year $659$457
X-26 Total liabilitiesStart of year $659$457
X-32 Total net assets or fund balancesStart of year $432,157$438,530
X-33 Total liabilities and net assetsStart of year $432,816$438,987
Part XI · Reconciliation of net assets $438,530 net assets at year end
XI-1 Total revenue$75,194
XI-2 Total expenses$68,821
XI-3 Revenue less expenses$6,373
XI-4 Net assets at start of year$432,157
XI-10 Net assets at end of year$438,530

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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