Almena Housing Authority FY2023 filing

Almena, WIUnknown exempt organizationSince 1981 EIN 39-1497832Revenue $76K in FY2023

On file with the IRSPo Box 237 · Almena, WI

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

82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2023 · 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
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
84 mo
of spending, in cash
Looks good: 83.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$698
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$76K
+0.4% vs prior year
Spent
$59K
To programs
82%
Net assets
$455K
By yearFY2020–FY2025
Revenue
$76K
FY2023+0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$65K
FY2021$69K
FY2022$75K
FY2023$76K
FY2024$76K
FY2025$90K
Expenses
$59K
FY2023▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2020$55K
FY2021$64K
FY2022$69K
FY2023$59K
FY2024$67K
FY2025$93K
Net assets
$455K
FY2023▲ +4%
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 FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 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

82 cents of each dollar spent went to programs.

Program services 82% · $49K Management & general 18% · $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

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$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 · $49K · in their own filed words · FY2023
01

Low income housing rental units

$49Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$76K
Ln 12
Fees for servicesLn 2g$76K
Investment incomeLn 3$13
Money outPt IX
$59K
Ln 25
Programscol B$49K
Managementcol C$11K
Owns and owesPt X
$455K
net assets · Ln 32
Cash and savingsLn 1–2$416K
Total assetsLn 16$455K
LiabilitiesLn 26$698
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$76K
Investment incomeLn 3$13
Total revenueLn 12$76K
Assets in detailPt X, end of year
CashLn 1$109K
SavingsLn 2$307K
Cash and savings togetherLn 1–2$416K
Land, buildings, equipmentLn 10c$39K
Total assetsLn 16$455K
LiabilitiesLn 26$698
Net assetsLn 32$455K
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 FY23End FY23
Cash and savingsLn 1–2$396K$416K
Land, buildings, equipmentLn 10c$43K$39K
Total assetsLn 16$439K$455K
LiabilitiesLn 26$457$698
Net assetsLn 32$439K$455K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$20K$20K
Payroll taxesLn 10$2K$2K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$63$63
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$19K$15K$3K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$59K$49K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $90K$93K−$3K$460K 990 PDF
FY2024Filed with the IRS May 13, 2025 $76K$67K$9K$463K 990 PDF
FY2023 ViewingFiled with the IRS Jun 5, 2024 $76K$59K$16K$455K 990 PDF
FY2022Filed with the IRS Jun 15, 2023 $75K$69K$6K$439K 990 PDF
FY2021Filed with the IRS May 25, 2022 $69K$64K$5K$432K 990 PDF
FY2020Filed with the IRS May 14, 2021 $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 FY2023 990 (6 parts)
Part I · Summary $75,523 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $71,811$75,510
I-10 Investment incomePrior year $3,383$13
I-11 Other revenue$0
I-12 Total revenuePrior year $75,194$75,523
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $20,698$21,315
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,123$38,178
I-18 Total expensesPrior year $68,821$59,493
I-19 Revenue less expensesPrior year $6,373$16,030
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $75,523 across 3 lines filed
Lines not itemized here account for −$395 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $75,905$75,905
VIII-3 Investment incomeExcluded from tax $13$13
VIII-12 Total revenueRelated to mission $75,510 · Excluded from tax $13$75,523
Part IX · Statement of functional expenses $59,493 across 9 lines filed
IX-7 Other salaries and wagesPrograms $19,800$19,800
IX-10 Payroll taxesPrograms $1,515$1,515
IX-11c Accounting feesManagement $7,525$7,525
IX-12 Advertising and promotionPrograms $1,280$1,280
IX-13 Office expensesManagement $63$63
IX-22 Depreciation, depletion and amortizationPrograms $3,461$3,461
IX-23 InsurancePrograms $3,809$3,809
IX-24 Other expenses (24a–d)Programs $15,296 · Management $3,338$18,634
IX-24e All other expensesPrograms $3,406$3,406
IX-25 Total functional expensesPrograms $48,567 · Management $10,926 · Fundraising $0$59,493
Part X · Balance sheet $455,258 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $90,439$109,469
X-2 Savings and temporary cash investmentsStart of year $305,865$306,567
X-10c Land, buildings and equipment, netStart of year $42,683$39,222
X-16 Total assetsStart of year $438,987$455,258
X-25 Other liabilitiesStart of year $457$698
X-26 Total liabilitiesStart of year $457$698
X-32 Total net assets or fund balancesStart of year $438,530$454,560
X-33 Total liabilities and net assetsStart of year $438,987$455,258
Part XI · Reconciliation of net assets $454,560 net assets at year end
XI-1 Total revenue$75,523
XI-2 Total expenses$59,493
XI-3 Revenue less expenses$16,030
XI-4 Net assets at start of year$438,530
XI-10 Net assets at end of year$454,560

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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