Civic Intelligence

Metro Housing Partnership Inc.

990EZ • Fiscal year 2017 • EIN 36-4804794

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 05, 2018

503 South Saginaw Street Suite 804Flint, MI 48502

(810) 767-4622

Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

54219.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$54,219

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$54,219

No earlier filing loaded for comparison.

Revenue

$1

No earlier filing loaded for comparison.

Expenses

$1

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $54,219Liabilities 2017: $54,219Net Assets 2017: $02017Assets 2018: $60,469Liabilities 2018: $60,469Net Assets 2018: $02018Assets 2019: $524,728Liabilities 2019: $485,160Net Assets 2019: $39,5682019Assets 2020: $343,305Liabilities 2020: $99,314Net Assets 2020: $243,9912020Assets 2021: $326,481Liabilities 2021: $106,330Net Assets 2021: $220,1512021Assets 2022: $2,294,158Liabilities 2022: $1,127,356Net Assets 2022: $1,166,8022022Assets 2023: $2,289,352Liabilities 2023: $1,150,416Net Assets 2023: $1,138,9362023Assets 2024: $2,116,292Liabilities 2024: $1,125,908Net Assets 2024: $990,3842024Assets 2025: $2,012,251Liabilities 2025: $1,106,083Net Assets 2025: $906,1682025

Highlighted filing

2017

Assets$54,219
Liabilities$54,219
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $1Expenses 2017: $1Net Income 2017: $02017Revenue 2018: $21Expenses 2018: $21Net Income 2018: $02018Revenue 2019: $71,314Expenses 2019: $32,275Net Income 2019: $39,0392019Revenue 2020: $251,545Expenses 2020: $47,122Net Income 2020: $204,4232020Revenue 2021: $15Expenses 2021: $23,855Net Income 2021: -$23,8402021Revenue 2022: $689,011Expenses 2022: $91,976Net Income 2022: $597,0352022Revenue 2023: $171,901Expenses 2023: $272,679Net Income 2023: -$100,7782023Revenue 2024: $188,571Expenses 2024: $315,788Net Income 2024: -$127,2172024Revenue 2025: $325,157Expenses 2025: $410,235Net Income 2025: -$85,0782025

Highlighted filing

2017

Revenue$1
Expenses$1
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 5, 2018
Return Version
2016v3.0
Gross Receipts
$1
Mission and Program Overview

Mission

To serve as a leader and catalyst to expand and enhance quality housing and community development initiatives and partnership in Flint and Genesee County, leading to the creation of stable and vibrant neighborhoods and communities.

Tyo serve as a leader and catalyst to expand and enhance quality housing and community development initiatives and partnership in flint and genesee county, leading to the creation of stable and vibrant neighborhoods and communities.

Program Services

DescriptionGrantsExpenses
METRO HOUSING PARTNERSHIP ACQUIRED A PARTNERSHIP INTEREST IN METAWANEENEE HILLS LIMITED PARTNERSHIP TO CREATE QUALITY AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME FAMILIES THROUGH A MULTI-FAMILY DEVELOPMENT THAT WILL STRENGTHEN AND ENHANCE THE COMMUNITY.-$1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAVI YALAMANCHICEOPT$0--
BETTY RAMSDELLChair-$0--
BRUCE T COLASANTIVice Chair-$0--
DAN FLECKENSEINTreasurer-$0--
ELISABETH SAABSecretary-$0--
VICTORIA ARTEAGADirector-$0--
MICHAEL BURNETTDirector-$0--
JOSEPH FARAHDirector-$0--
RACHELLE A KIPPEDirector-$0--
GEORGE KITCHENDirector-$0--
ROBERT NICHOLSDirector-$0--
JERRY RHODENDirector-$0--
ROBERT RUMMELDirector-$0--
EUGENE RUTLEDGEDirector-$0--
JACK STOCKDirector-$0--
BEVERLY WALKER-GRIFFEADirector-$0--
MARK YONANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Metro Housing Partnership Inc
EIN
36-4804794
Phone
8107674622
Address
503 SOUTH SAGINAW STREET SUITE 804, FLINT, MI 48502

Signing Officer

Name
Ravi Yalamanchi
Title
CEO
Phone
8107674622
Signed
2018-01-05
Discuss with paid preparer
Yes

Preparer

Firm
Yeo & Yeo Pc
Address
822 CENTENNIAL WAY STE 250, LANSING, MI 48917
Preparer
Mark R Perry
Phone
5173239500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest expense 1 total 1

Form 990-ez, Part II, Line 24

Prepaid development costs 0 39,600 investment in limited partnership 0 14,619 total 0 54,219

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 54,219

Form 990-ez, Part III

Tyo serve as a leader and catalyst to expand and enhance quality housing and community development initiatives and partnership in flint and genesee county, leading to the creation of stable and vibrant neighborhoods and communities.

Form 990-ez, Part III, Line 28

Metro housing partnership acquired a partnership interest in metawaneenee hills limited partnership to create quality affordable housing opportunities for low and moderate income families through a multi-family development that will strengthen and enhance the community.

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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/ExplanationTxt0EXPENSES INTEREST EXPENSE 1 TOTAL 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID DEVELOPMENT COSTS 0 39,600 INVESTMENT IN LIMITED PARTNERSHIP 0 14,619 TOTAL 0 54,219
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 54,219
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TYO SERVE AS A LEADER AND CATALYST TO EXPAND AND ENHANCE QUALITY HOUSING AND COMMUNITY DEVELOPMENT INITIATIVES AND PARTNERSHIP IN FLINT AND GENESEE COUNTY, LEADING TO THE CREATION OF STABLE AND VIBRANT NEIGHBORHOODS AND COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4METRO HOUSING PARTNERSHIP ACQUIRED A PARTNERSHIP INTEREST IN METAWANEENEE HILLS LIMITED PARTNERSHIP TO CREATE QUALITY AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME FAMILIES THROUGH A MULTI-FAMILY DEVELOPMENT THAT WILL STRENGTHEN AND ENHANCE THE COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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