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990 • Fiscal year 2017 • EIN 38-1903026

Jun 01, 2016 to May 31, 2017 • Filed on Oct 13, 2017

920 Cherry SEGrand Rapids, MI 49506

(616) 336-9333

Siviq Scores

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

Liabilities / Assets

66th percentile

0.43x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.99x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

15th percentile

$119,799

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

55th percentile

6.0%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-29%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$32,137,529

Up $1,814,371 (+6.0%) from 2016

Net Assets

Up

$18,188,394

Up $2,476,318 (+16%) from 2016

Liabilities

Down

$13,949,135

Down $661,947 (-4.5%) from 2016

Revenue

Down

$7,023,917

Down $2,805,680 (-29%) from 2016

Expenses

Up

$3,981,359

Up $179,774 (+4.7%) from 2016

Net Income

Down

$3,042,558

Down $2,985,454 (-50%) from 2016

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $19,454,350Liabilities 2011: $10,017,723Net Assets 2011: $9,436,6272011Assets 2012: $18,313,382Liabilities 2012: $8,595,084Net Assets 2012: $9,718,2982012Assets 2013: $19,726,547Liabilities 2013: $8,664,339Net Assets 2013: $11,062,2082013Assets 2014: $26,204,019Liabilities 2014: $16,616,103Net Assets 2014: $9,587,9162014Assets 2015: $25,135,290Liabilities 2015: $15,451,226Net Assets 2015: $9,684,0642015Assets 2016: $30,323,158Liabilities 2016: $14,611,082Net Assets 2016: $15,712,0762016Assets 2017: $32,137,529Liabilities 2017: $13,949,135Net Assets 2017: $18,188,3942017Assets 2018: $58,488,254Liabilities 2018: $36,658,946Net Assets 2018: $21,829,3082018Assets 2019: $62,649,584Liabilities 2019: $34,532,845Net Assets 2019: $28,116,7392019Assets 2020: $55,847,215Liabilities 2020: $33,939,223Net Assets 2020: $21,907,9922020Assets 2021: $57,299,342Liabilities 2021: $31,505,106Net Assets 2021: $25,794,2362021Assets 2022: $56,991,774Liabilities 2022: $27,269,049Net Assets 2022: $29,722,7252022Assets 2023: $65,764,497Liabilities 2023: $35,773,474Net Assets 2023: $29,991,0232023Assets 2024: $63,937,468Liabilities 2024: $33,218,603Net Assets 2024: $30,718,8652024

Highlighted filing

2017

Assets$32,137,529
Liabilities$13,949,135
Net Assets$18,188,394

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,670,9882011Expenses 2012: $2,505,4852012Revenue 2013: $4,084,824Expenses 2013: $2,763,451Net Income 2013: $1,321,3732013Revenue 2014: $2,991,630Expenses 2014: $3,503,140Net Income 2014: -$511,5102014Revenue 2015: $3,652,531Expenses 2015: $3,556,383Net Income 2015: $96,1482015Revenue 2016: $9,829,597Expenses 2016: $3,801,585Net Income 2016: $6,028,0122016Revenue 2017: $7,023,917Expenses 2017: $3,981,359Net Income 2017: $3,042,5582017Revenue 2018: $9,129,308Expenses 2018: $5,488,394Net Income 2018: $3,640,9142018Revenue 2019: $12,298,039Expenses 2019: $8,354,245Net Income 2019: $3,943,7942019Revenue 2020: $10,679,610Expenses 2020: $7,969,641Net Income 2020: $2,709,9692020Revenue 2021: $13,226,910Expenses 2021: $8,228,730Net Income 2021: $4,998,1802021Revenue 2022: $12,188,676Expenses 2022: $9,963,395Net Income 2022: $2,225,2812022Revenue 2023: $9,557,894Expenses 2023: $9,289,596Net Income 2023: $268,2982023Revenue 2024: $8,525,044Expenses 2024: $6,586,397Net Income 2024: $1,938,6472024

Highlighted filing

2017

Revenue$7,023,917
Expenses$3,981,359
Net Income$3,042,558
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 13, 2017
Return Version
2016v3.0
Gross Receipts
$9,196,926
Mission and Program Overview

Mission

Equitable opportunity. Affordable homes. Thriving neighborhoods.

To provide safe, clean, affordable and high quality housing to persons of low and moderate income to encourage family responsibility and independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,724,125$14,692,328▼ $31,797
Savings and Temporary Cash Investments$505,940$7,157,903▲ $6,651,963
Other Notes and Loans Receivable, Net$2,448,144$3,123,024▲ $674,880
Cash and Non-Interest-Bearing Accounts$5,098,577$1,551,964▼ $3,546,613
Investments Other Securities$1,381,889$820,649▼ $561,240
Accounts Receivable$821,365$623,950▼ $197,415
Prepaid Expenses and Deferred Charges$10,320$10,320→ $0
Inventories for Sale or Use$2,950$2,950→ $0
Total Assets$30,323,158$32,137,529▲ $1,814,371
Other Assets Total$5,329,848$4,154,441▼ $1,175,407
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,687,187$13,168,052▼ $519,135
Accounts Payable and Accrued Expenses$856,044$724,684▼ $131,360
Other Liabilities$29,436$56,399▲ $26,963
Deferred Revenue$38,415$0▼ $38,415
Total Liabilities$14,611,082$13,949,135▼ $661,947
Net Assets / Fund Balance
Unrestricted Net Assets$13,725,958$16,116,124▲ $2,390,166
Permanently Rstr Net Assets$1,898,471$1,898,471→ $0
Temporarily Rstr Net Assets$87,647$173,799▲ $86,152
Total Net Assets Fund Balance$15,712,076$18,188,394▲ $2,476,318
Total Liabilities and Net Assets / Fund Balance$30,323,158$32,137,529▲ $1,814,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,361,985$6,032,731$19,394,716
Other Land Buildings$568,703$471,572$1,040,275
Land$719,838-$719,838
Equipment$41,802$230,880$272,682
Other Assets Org$4,154,441--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$100,000-▲ $5,537$5,537$100,000
2016$100,000-▲ $106$106$100,000
2015$100,000-▲ $732$732$100,000
2014$100,000-▲ $5,508$5,508$100,000
2013$100,000-▲ $5,665$5,665$100,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Ryan VerwysCEOFT$119,799$119,799
Benjamin KrombeenVP Finance (part Year)FT$92,715$92,715

Board Members and Trustees

NameTitle
Kevin EinfeldBoard President
Andy MiedemaBoard Vice President
Dante ShackelfordBoard Member
David BastBoard Member
Don VansteeBoard Member
Eric WashingtonBoard Member
Jason KuiperBoard Member
Johana Rodriguez QuistBoard Member
Teresa JonesBoard Member
Tom PaarlbergBoard Member
Anna RuffinBoard Member (part Year)
Bill BylBoard Member (part Year)
Ted CoxBoard Member (part Year)
Jack BosscherBoard Secretary
Marilyn StansburyBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,075,989
Program Service Revenue
$4,433,533
Investment Income
$455,310
Other Revenue
$59,085
All Other Contributions
$1,313,608
Change in Net Assets
$3,042,558

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
Clothing and Household Goods-$53,088Fair market value
Securities Publicly Traded3$2,846FAIR Market value
Total Noncash Contributions3$55,934-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,074,686
Salaries, Compensation, and Employee Benefits$1,906,673
Total Fundraising Expense$320,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,244,510$32,311$101,407$1,378,228
Depreciation Depletion$668,655$64,021-$732,676
Fees for Services Other$55,592$201,628$45,468$302,688
Current Officers, Directors, Trustees, and Key Employees$82,256$61,693$61,693$205,642
All Other Expenses$51,338$27,516$79,494$158,348
Payroll Taxes$99,926$35,474$14,025$149,425
Other Employee Benefits$106,223$29,044$3,653$138,920
Interest$137,064$1,033-$138,097
Other Expenses$90,000$8,247$101$90,000
Office Expenses$52,308$11,332$7,620$71,260
Insurance$55,132$4,280-$59,412
Fees for Services Accounting$36,560$4,570$4,570$45,700
Pension Plan Contributions$23,490$8,027$2,941$34,458
Fees for Service Investment Mgmnt Fees-$29,440-$29,440
Occupancy-$22,596-$22,596
Travel$15,472$2,515$-397$17,590
Fees for Services Legal$1,686$2,136-$3,822
Total Functional Expenses$3,114,921$545,863$320,575$3,981,359
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$56,030
Prepaid Rent$369
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

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

The VP OF FINANCE AND THE CONTROLLER REVIEW A COPY OF THE FORM 990 FOR ACCURACY PRIOR TO FILING. A COPY OF THE FORM 990 IS ALSO PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW.

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

Prior to approval by the board, all new directors must review the conflict of interest policy and disclose any potential conflicts to the executive committee and the board president. Any director with a conflict is required to abstain from voting on the matter.

Form 990, Part VI, Section B, line 15

On an annual basis, the ceo's compensation is established by the board of directors using independent comparability data. Compensation for other officers is set by the ceo using a similar evaluation (also done on a yearly basis). The most recent year this process took place was fiscal year 2017.

Form 990, Part VI, Section C, line 19

The organization will make its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Inner City Christian Federation
EIN
38-1903026
Phone
6163369333
Address
920 Cherry SE, Grand Rapids, MI 49506

Signing Officer

Name
Derrick Smith
Title
VP Finance
Phone
6163369333
Signed
2017-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derrick Smith
Formed
1974
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
200

Preparer

Firm
Plante & Moran Pllc
Address
2601 Cambridge Ct Ste 500, Auburn Hills, MI 48326
Preparer
Tina Peters CPA
Phone
2483757100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Write off of investment in providence home mortgage, inc. -566,240.

FORM 990, PART XII, LINE 2C:

The organization has an audit committee that is responsible for the oversight of the audit and the selection of the independent auditors. This process has not changed from the prior year.

Financial Statement Notes

Part V, Line 4:

The endowment funds are intended to generate income to support the facilities and programs of the organization.

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IRS990/Desc0ICCF BUILDS AND RENOVATES RENTAL HOUSING WITH AN EMPHASIS ON RESIDENTIAL MANAGEMENT AND RESIDENT DIGNITY. THE 132 RENTAL UNITS ARE PROVIDED AT BELOW MARKET RATES. IN ADDITION, PROGRAMS ARE AVAILABLE TO EVERY RENTAL RESIDENT TO TEACH THEM SKILLS TOWARD BECOMING HOMEOWNERS THEMSELVES. FAMILIES ASSUME POSITIONS OF RESPONSIBILITY IN THE OPERATION OF THEIR RENTAL COMMUNITIES THROUGH THE TENANT CENTERED MANAGEMENT PROGRAM, AND A SOCIAL WORK TEAM PROVIDES DIRECT SERVICES AND REFERRALS.
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IRS990/Form990PartVIISectionAGrp/PersonNm16BENJAMIN KROMBEEN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15105750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1689073
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP FINANCE (PART YEAR)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0287534
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0762381
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02460543
IRS990/GrossReceiptsAmt09196926
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04280
IRS990/InsuranceGrp/ProgramServicesAmt055132
IRS990/InsuranceGrp/TotalAmt059412
IRS990/InterestGrp/ManagementAndGeneralAmt01033
IRS990/InterestGrp/ProgramServicesAmt0137064
IRS990/InterestGrp/TotalAmt0138097
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02950
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02950
IRS990/InvestmentIncomeGrp/ExclusionAmt0167776
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0167776
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01381889
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0820649
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06735183
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014724125
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014692328
IRS990/LandBldgEquipCostOrOtherBssAmt021427511
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02173009
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt059085
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt059085
IRS990/MissionDesc0EQUITABLE OPPORTUNITY. AFFORDABLE HOMES. THRIVING NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013687187
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013168052
IRS990/NetAssetsOrFundBalancesBOYAmt015712076
IRS990/NetAssetsOrFundBalancesEOYAmt018188394
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0287534
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0287534
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt055934
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022596
IRS990/OccupancyGrp/TotalAmt022596
IRS990/OfficeExpensesGrp/FundraisingAmt07620
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011332
IRS990/OfficeExpensesGrp/ProgramServicesAmt052308
IRS990/OfficeExpensesGrp/TotalAmt071260
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05329848
IRS990/OtherAssetsTotalGrp/EOYAmt04154441
IRS990/OtherChangesInNetAssetsAmt0-566240
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03653
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029044
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106223
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0138920
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3EMERGENCY SHELTER
IRS990/OtherExpensesGrp/FundraisingAmt0101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08247
IRS990/OtherExpensesGrp/ProgramServicesAmt0197125
IRS990/OtherExpensesGrp/ProgramServicesAmt196491
IRS990/OtherExpensesGrp/ProgramServicesAmt2101093
IRS990/OtherExpensesGrp/ProgramServicesAmt390000
IRS990/OtherExpensesGrp/TotalAmt0197226
IRS990/OtherExpensesGrp/TotalAmt1104738
IRS990/OtherExpensesGrp/TotalAmt2101093
IRS990/OtherExpensesGrp/TotalAmt390000
IRS990/OtherLiabilitiesGrp/BOYAmt029436
IRS990/OtherLiabilitiesGrp/EOYAmt056399
IRS990/OtherRevenueTotalAmt059085
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0101407
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032311
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01244510
IRS990/OtherSalariesAndWagesGrp/TotalAmt01378228
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02448144
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03123024
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014025
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035474
IRS990/PayrollTaxesGrp/ProgramServicesAmt099926
IRS990/PayrollTaxesGrp/TotalAmt0149425
IRS990/PensionPlanContributionsGrp/FundraisingAmt02941
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08027
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023490
IRS990/PensionPlanContributionsGrp/TotalAmt034458
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01898471
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01898471
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010320
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010320
IRS990/PrincipalOfficerNm0DERRICK SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4561000
IRS990/ProgramServiceRevenueGrp/Desc0MICHIGAN NON-PROFIT HOUSING CORPO
IRS990/ProgramServiceRevenueGrp/Desc1RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc3TAX CREDIT INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03267871
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1787842
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2244129
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt385931
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt447760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03267871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1787842
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2244129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt385931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt447760
IRS990/ProgSrvcAccomActy2Grp/Desc0ICCF'S HOME OWNERSHIP PREPARATION AND EDUCATION PROGRAM (HOPE) OFFERS AN ARRAY OF HOME OWNERSHIP PROGRAMS AND SERVICES THAT ENABLE FAMILIES TO BECOME SUCCESSFUL HOMEOWNERS. UNDER THE HOPE PROGRAM, FAMILIES GO THROUGH A 2-PART SERIES CALLED INTRODUCTION TO HOME OWNERSHIP. FROM THERE, FAMILIES CAN PARTICIPATE IN A NUMBER OF PROGRAMS DEPENDING ON WHAT OBSTACLES THEY FACE BEFORE THEY CAN BECOME A HOMEOWNER. THE PROGRAM OFFERS AN ARRAY OF SERVICES AND ASSISTS OVER 900 FAMILIES ON THE ROAD TO HOME OWNERSHIP EACH YEAR. PROGRAM PARTICIPANTS HAVE GREAT SUCCESS IN REACHING THEIR HOUSING GOALS, BUT THE REAL RESULTS ARE IN STRONGER FAMILIES, SAFER CHILDREN, REVITALIZED NEIGHBORHOODS AND RESTORED HOPE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0883826
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt047760
IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY HAVEN EMERGENCY SHELTER PROVIDES HIGH QUALITY, CLEAN, DIGNIFIED AND PRIVATE SHELTER. FIVE EFFICIENCY APARTMENTS CAN ACCOMMODATE HOMELESS FAMILIES FREE OF CHARGE FOR UP TO 30 DAYS. DURING THEIR STAY, FAMILIES WORK WITH STAFF TO IDENTIFY THE ISSUES THAT LED TO THEIR HOMELESSNESS AND TO SECURE PERMANENT HOUSING. IN ADDITION TO SHELTER AND SUPPORTIVE SERVICES, FAMILY HAVEN HAS A CLOTHING PANTRY, A FOOD PANTRY AND OFFERS ACTIVITIES FOR CHILDREN STAYING AT THE HAVEN. THE SHELTER SERVES UP TO 90 FAMILIES ANNUALLY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0232563
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01623705
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-8577
IRS990/PYOtherExpensesAmt01805795
IRS990/PYOtherRevenueAmt025639
IRS990/PYProgramServiceRevenueAmt08188830
IRS990/PYRevenuesLessExpensesAmt06028012
IRS990/PYSalariesCompEmpBnftPaidAmt01995790
IRS990/PYTotalExpensesAmt03801585
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09829597
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03042558
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.9$33.2$30.7$8.53$6.59$1.94
2023Detailed filing. Detailed filing data is available for this year.$65.8$35.8$30.0$9.56$9.29$0.27
2022Detailed filing. Detailed filing data is available for this year.$57.0$27.3$29.7$12.2$9.96$2.23
2021Detailed filing. Detailed filing data is available for this year.$57.3$31.5$25.8$13.2$8.23$5.00
2020Detailed filing. Detailed filing data is available for this year.$55.8$33.9$21.9$10.7$7.97$2.71
2019Detailed filing. Detailed filing data is available for this year.$62.6$34.5$28.1$12.3$8.35$3.94
2018Detailed filing. Detailed filing data is available for this year.$58.5$36.7$21.8$9.13$5.49$3.64
2017Detailed filing. Detailed filing data is available for this year.$32.1$13.9$18.2$7.02$3.98$3.04
2016Detailed filing. Detailed filing data is available for this year.$30.3$14.6$15.7$9.83$3.80$6.03
2015Detailed filing. Detailed filing data is available for this year.$25.1$15.5$9.68$3.65$3.56$0.10
2014Detailed filing. Detailed filing data is available for this year.$26.2$16.6$9.59$2.99$3.50$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$8.66$11.1$4.08$2.76$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$8.60$9.72$2.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$10.0$9.44$2.67