Civic Intelligence

Joseph Michalowski Housing Corporation

EIN 26-3618867 • 501(c)3 • Oceanside, CA

Profile

Provide Housing to Six Developmentally Disabled Adults.

251 Airport RoadOceanside, CA 92058

www.teriinc.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.05x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.43x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

96th percentile

$209,834

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 172.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

29th percentile

-4.5%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

57th percentile

12%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$970,112

Down $45,883 (-4.5%) from 2024

Liabilities

Down

$52,424

Down $12,956 (-20%) from 2024

Net Assets

Down

$917,688

Down $32,927 (-3.5%) from 2024

Revenue

Up

$121,612

Up $12,762 (+12%) from 2024

Expenses

Up

$154,539

Up $13,502 (+9.6%) from 2024

Net Income

Down

-$32,927

Down $740 (-2.3%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $1,153,339Liabilities 2021: $104,529Net Assets 2021: $1,048,8102021Assets 2022: $1,103,465Liabilities 2022: $86,752Net Assets 2022: $1,016,7132022Assets 2023: $1,053,857Liabilities 2023: $71,055Net Assets 2023: $982,8022023Assets 2024: $1,015,995Liabilities 2024: $65,380Net Assets 2024: $950,6152024Assets 2025: $970,112Liabilities 2025: $52,424Net Assets 2025: $917,6882025

Highlighted filing

2025

Assets$970,112
Liabilities$52,424
Net Assets$917,688

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $88,093Expenses 2021: $119,693Net Income 2021: -$31,6002021Revenue 2022: $106,249Expenses 2022: $138,346Net Income 2022: -$32,0972022Revenue 2023: $123,081Expenses 2023: $156,992Net Income 2023: -$33,9112023Revenue 2024: $108,850Expenses 2024: $141,037Net Income 2024: -$32,1872024Revenue 2025: $121,612Expenses 2025: $154,539Net Income 2025: -$32,9272025

Highlighted filing

2025

Revenue$121,612
Expenses$154,539
Net Income-$32,927

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$121,612
Mission and Program Overview

Mission

Provide Housing to Six Developmentally Disabled Adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$978,352$943,401▼ $34,951
Savings and Temporary Cash Investments$24,080$15,981▼ $8,099
Cash and Non-Interest-Bearing Accounts$3,646$3,733▲ $87
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,015,995$970,112▼ $45,883
Other Assets Total$9,917$6,997▼ $2,920
Liabilities
Other Liabilities$61,469$48,095▼ $13,374
Accounts Payable and Accrued Expenses$3,646$4,329▲ $683
Mortgage Notes Payable Secured by Investment Property$265--
Total Liabilities$65,380$52,424▼ $12,956
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$950,615$917,688▼ $32,927
Total Net Assets Fund Balance$950,615$917,688▼ $32,927
Total Liabilities and Net Assets / Fund Balance$1,015,995$970,112▼ $45,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$339,189$426,417$765,606
Land$568,103-$568,103
Leasehold Improvements$33,735$22,656$56,391
Other Land Buildings$1,804$24,040$25,844
Equipment$570$5,850$6,420
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cheryl KilmerPresident
Amy SbertoliMember
Jean JamesMember
Laura KauffmanMember
William MaraSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$109,636
Program Service Revenue
$11,974
Investment Income
$2
Other Revenue
$0
All Other Contributions
$48,860
Change in Net Assets
$-32,927

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$48,500Cash Value
Total Noncash Contributions1$48,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$34,951--$34,951
All Other Expenses$17,272--$17,272
Other Expenses$9,584--$9,584
Fees for Services Management-$8,570-$8,570
Fees for Services Accounting-$3,475-$3,475
Insurance$2,873--$2,873
Interest$115--$115
Total Functional Expenses$142,494$12,045$0$154,539
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$48,095
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Michalowski's President/CEO and Secretary/COO have a working relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 has been reviewed by TERI's CEO and other Joseph Michalowski Housing Corporation Board members.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed as part of the annual meeting process, where Board members are requested to make any disclosures deemed necessary.

Form 990, Part VI, Section B, Line 15A

Compensation levels are compared with two independent annual studies of non profit industries, and are discussed in detail by board members as part of the annual budget process.

Form 990, Part VI, Section C, Line 19

All policy documentation is available to the public on request. Financial statement information is detailed in the Independent Audit statements, on an individual basis, and as part of the consolidated statements of TERI, which are available on the TERI website, and by request.

Filing and Contact Details

Filer

Filer Name
Joseph Michalowski Housing Corporation
EIN
26-3618867
Phone
7607211706
Address
251 Airport Road, Oceanside, CA 92058

Signing Officer

Name
Cheryl Kilmer
Title
President
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Kilmer
Formed
2008
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
0

Preparer

Firm
Kaku & Mersino Llp
Address
1588 SHAW AVENUE, CLOVIS, CA 93611
Preparer
Peter Mersino
Phone
5593247097
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Dues & Subscriptions: Column (A) - Total = $4085; Column (B) - Program Services = $4085; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Equipment Rental: Column (A) - Total = $487; Column (B) - Program Services = $487; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Fees: Column (A) - Total = $905; Column (B) - Program Services = $905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Minor Equipment: Column (A) - Total = $5693; Column (B) - Program Services = $5693; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Property Taxes: Column (A) - Total = $1884; Column (B) - Program Services = $1884; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies : Column (A) - Total = $75; Column (B) - Program Services = $75; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Telephone: Column (A) - Total = $4143; Column (B) - Program Services = $4143; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Nature of Activities

Joseph Michalowski Housing Corporation was created in consideration of a covenant of a U.S. Dept of Housing and Urban Development Section 811 Grant to administer said grant under the sponsorship of TERI Inc. The grant provides one group home for six developmentally disabled adults. Two TERI employees serve as officers of Michalowski Day to day administration and operations are overseen by TERI Inc. A management fee is collected for the administrative duties, and portions of operation wages and benefits are allocated to Michalowski based on hours worked.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0114031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0101245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt082991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0504931
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt042941
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0109636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0114031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0101245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt082991
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0504931
IRS990ScheduleA/TotalSupportAmt0504944
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0339189
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0426417
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0765606
IRS990ScheduleD/EquipmentGrp/BookValueAmt0570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06420
IRS990ScheduleD/LandGrp/BookValueAmt0568103
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0568103
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt033735
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022656
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt056391
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01804
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024040
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Party
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0943401
IRS990ScheduleD/TotalLiabilityAmt048095
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0209834
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1160105
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Cheryl Kilmer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1William Mara
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary/Treas
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0209834
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1160105
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Debt Forgiveness
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Cash Value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt048500
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Michalowski's President/CEO and Secretary/COO have a working relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 has been reviewed by TERI's CEO and other Joseph Michalowski Housing Corporation Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is reviewed as part of the annual meeting process, where Board members are requested to make any disclosures deemed necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation levels are compared with two independent annual studies of non profit industries, and are discussed in detail by board members as part of the annual budget process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All policy documentation is available to the public on request. Financial statement information is detailed in the Independent Audit statements, on an individual basis, and as part of the consolidated statements of TERI, which are available on the TERI website, and by request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subscriptions: Column (A) - Total = $4085; Column (B) - Program Services = $4085; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Equipment Rental: Column (A) - Total = $487; Column (B) - Program Services = $487; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Fees: Column (A) - Total = $905; Column (B) - Program Services = $905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Minor Equipment: Column (A) - Total = $5693; Column (B) - Program Services = $5693; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Property Taxes: Column (A) - Total = $1884; Column (B) - Program Services = $1884; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies : Column (A) - Total = $75; Column (B) - Program Services = $75; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Telephone: Column (A) - Total = $4143; Column (B) - Program Services = $4143; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Joseph Michalowski Housing Corporation was created in consideration of a covenant of a U.S. Dept of Housing and Urban Development Section 811 Grant to administer said grant under the sponsorship of TERI Inc. The grant provides one group home for six developmentally disabled adults. Two TERI employees serve as officers of Michalowski Day to day administration and operations are overseen by TERI Inc. A management fee is collected for the administrative duties, and portions of operation wages and benefits are allocated to Michalowski based on hours worked.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Nature of Activities
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TERI Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1The Roher Foundation

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