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990 • Fiscal year 2018 • EIN 38-1903026

Jun 01, 2017 to May 31, 2018 • Filed on Apr 05, 2019

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

78th percentile

0.63x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

4.02x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

8th percentile

$119,933

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

97th percentile

82%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$58,488,254

Up $26,350,725 (+82%) from 2017

Net Assets

Up

$21,829,308

Up $3,640,914 (+20%) from 2017

Liabilities

Up

$36,658,946

Up $22,709,811 (+163%) from 2017

Revenue

Up

$9,129,308

Up $2,105,391 (+30%) from 2017

Expenses

Up

$5,488,394

Up $1,507,035 (+38%) from 2017

Net Income

Up

$3,640,914

Up $598,356 (+20%) from 2017

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

2018

Assets$58,488,254
Liabilities$36,658,946
Net Assets$21,829,308

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

2018

Revenue$9,129,308
Expenses$5,488,394
Net Income$3,640,914
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 5, 2019
Return Version
2017v2.3
Gross Receipts
$9,766,401
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$14,692,328$29,901,014▲ $15,208,686
Savings and Temporary Cash Investments$7,157,903$8,399,059▲ $1,241,156
Other Notes and Loans Receivable, Net$3,123,024$6,477,869▲ $3,354,845
Cash and Non-Interest-Bearing Accounts$1,551,964$5,790,507▲ $4,238,543
Investments Other Securities$820,649$2,292,649▲ $1,472,000
Prepaid Expenses and Deferred Charges$10,320$183,945▲ $173,625
Accounts Receivable$623,950$115,260▼ $508,690
Inventories for Sale or Use$2,950$2,950→ $0
Total Assets$32,137,529$58,488,254▲ $26,350,725
Other Assets Total$4,154,441$5,325,001▲ $1,170,560
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,168,052$33,792,679▲ $20,624,627
Accounts Payable and Accrued Expenses$724,684$2,633,799▲ $1,909,115
Other Liabilities$56,399$232,468▲ $176,069
Total Liabilities$13,949,135$36,658,946▲ $22,709,811
Net Assets / Fund Balance
Unrestricted Net Assets$16,116,124$18,146,587▲ $2,030,463
Permanently Rstr Net Assets$1,898,471$1,898,471→ $0
Temporarily Rstr Net Assets$173,799$1,784,250▲ $1,610,451
Total Net Assets Fund Balance$18,188,394$21,829,308▲ $3,640,914
Total Liabilities and Net Assets / Fund Balance$32,137,529$58,488,254▲ $26,350,725

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,907,133$6,978,814$34,885,947
Land$1,678,264-$1,678,264
Other Land Buildings$258,056$509,757$767,813
Equipment$57,561$246,626$304,187
Other Assets Org$5,325,001--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$100,000-▲ $6,045$6,045$100,000
2016$100,000-▲ $5,537$5,537$100,000
2015$100,000-▲ $106$106$100,000
2014$100,000-▲ $732$732$100,000
2013$100,000-▲ $5,508$5,508$100,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Ryan VerwysCEOFT$119,933$119,933
Derrick SmithVP FinanceFT$49,525$49,525

Board Members and Trustees

NameTitle
Andy MiedemaBoard Chairperson
Johana Rodriguez QuistBoard Vice Chairperson
Arlen-dean GaddyBoard Member
Don Van SteeBoard Member
Eric WashingtonBoard Member
Jason KuiperBoard Member
Kevin EinfeldBoard Member
Teresa JonesBoard Member
Dante ShackelfordBoard Member (part Year)
David BastBoard Member (part Year)
Jack BosscherBoard Secretary
Tom PaarlbergBoard Treasurer
Marilyn StansburyBoard Treasurer (part Year)

Highest Paid Contractors

ContractorServicesLocationCompensation
Destigter Architecture & PlanningProfessional Architectural Services18 GOODRICH ST SW, Grand Rapids, MI 49503$145,834
Revenue and Support

Revenue Composition

Contributions and Grants
$3,428,263
Program Service Revenue
$5,495,350
Investment Income
$178,960
Other Revenue
$26,735
All Other Contributions
$3,033,053
Change in Net Assets
$3,640,914

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-$50,564Fair Market Value
Securities Publicly Traded4$22,543Fair Market Value
Total Noncash Contributions4$73,107-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,076,181
Salaries, Compensation, and Employee Benefits$2,412,213
Total Fundraising Expense$392,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,616,452$68,006$109,865$1,794,323
Depreciation Depletion$941,343$58,670-$1,000,013
Interest$397,768--$397,768
Fees for Services Other$136,851$26,313$47,283$210,447
Current Officers, Directors, Trustees, and Key Employees$83,923$62,942$62,942$209,807
Payroll Taxes$135,093$53,459$14,792$203,344
All Other Expenses$23,394$39,936$123,009$186,339
Other Employee Benefits$110,869$45,528$3,797$160,194
Insurance$140,818$8,575-$149,393
Other Expenses$43,993$30,997$8,712$83,702
Office Expenses$46,343$18,472$10,899$75,714
Occupancy-$50,143-$50,143
Fees for Services Accounting$38,560$4,820$4,820$48,200
Pension Plan Contributions$39,669$130$4,746$44,545
Fees for Service Investment Mgmnt Fees-$34,921-$34,921
Travel$16,688$2,504$1,020$20,212
Fees for Services Legal$1,385$4,857-$6,242
Advertising$33--$33
Total Functional Expenses$4,575,009$520,463$392,922$5,488,394
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$222,674
Prepaid Rent$9,794
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 audit & investment 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 2018.

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
2019-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derrick Smith
Formed
1974
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
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 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.

Raw XML AppendixShowing 400 of 711 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm14DERRICK SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/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/ReportableCompFromRltdOrgAmt13106502
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1444323
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD TREASURER (PART YEAR)
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 (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP FINANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-95137
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0340637
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0541956
IRS990/GrossReceiptsAmt09766401
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08575
IRS990/InsuranceGrp/ProgramServicesAmt0140818
IRS990/InsuranceGrp/TotalAmt0149393
IRS990/InterestGrp/ProgramServicesAmt0397768
IRS990/InterestGrp/TotalAmt0397768
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02950
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02950
IRS990/InvestmentIncomeGrp/ExclusionAmt0274097
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0274097
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0820649
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02292649
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07735197
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014692328
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029901014
IRS990/LandBldgEquipCostOrOtherBssAmt037636211
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0637093
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt026735
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt026735
IRS990/MissionDesc0EQUITABLE OPPORTUNITY. AFFORDABLE HOMES. THRIVING NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013168052
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033792679
IRS990/NetAssetsOrFundBalancesBOYAmt018188394
IRS990/NetAssetsOrFundBalancesEOYAmt021829308
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-95137
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-95137
IRS990/NetUnrelatedBusTxblIncmAmt0316
IRS990/NoncashContributionsAmt073107
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt050143
IRS990/OccupancyGrp/TotalAmt050143
IRS990/OfficeExpensesGrp/FundraisingAmt010899
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018472
IRS990/OfficeExpensesGrp/ProgramServicesAmt046343
IRS990/OfficeExpensesGrp/TotalAmt075714
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04154441
IRS990/OtherAssetsTotalGrp/EOYAmt05325001
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03797
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045528
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0110869
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160194
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt01037
IRS990/OtherExpensesGrp/FundraisingAmt18712
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130997
IRS990/OtherExpensesGrp/ProgramServicesAmt0362206
IRS990/OtherExpensesGrp/ProgramServicesAmt1269066
IRS990/OtherExpensesGrp/ProgramServicesAmt2170555
IRS990/OtherExpensesGrp/ProgramServicesAmt343993
IRS990/OtherExpensesGrp/TotalAmt0363243
IRS990/OtherExpensesGrp/TotalAmt1269066
IRS990/OtherExpensesGrp/TotalAmt2180745
IRS990/OtherExpensesGrp/TotalAmt383702
IRS990/OtherLiabilitiesGrp/BOYAmt056399
IRS990/OtherLiabilitiesGrp/EOYAmt0232468
IRS990/OtherRevenueTotalAmt026735
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0109865
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt068006
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01616452
IRS990/OtherSalariesAndWagesGrp/TotalAmt01794323
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03123024
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06477869
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014792
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt053459
IRS990/PayrollTaxesGrp/ProgramServicesAmt0135093
IRS990/PayrollTaxesGrp/TotalAmt0203344
IRS990/PensionPlanContributionsGrp/FundraisingAmt04746
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0130
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039669
IRS990/PensionPlanContributionsGrp/TotalAmt044545
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01898471
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01898471
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010320
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0183945
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 HO
IRS990/ProgramServiceRevenueGrp/Desc1RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc3TAX CREDIT INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02956473
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11751835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2585253
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3108356
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt493433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02956473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11751835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2585253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3108356
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt493433
IRS990/ProgSrvcAccomActy2Grp/Desc0ICCF'S HOUSING COUNSELING PROGRAM IS CERTIFIED BY HUD AND THE MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY (MSHDA) AND ADHERES TO THE NATIONAL INDUSTRY STANDARDS FOR HOUSING COUNSELORS. IN FY2018 THE EDUCATION AND HOUSING COUNSELING PROGRAMS SERVED 1,123 INDIVIDUALS. ALL CLIENTS ARE SERVED REGARDLESS OF INCOME, RACE, COLOR, RELIGION/CREED, SEX, NATIONAL ORIGIN, AGE, FAMILY STATUS, DISABILITY, OR SEXUAL ORIENTATION/GENDER IDENTITY. PROGRAMS ARE ADMINISTERED IN CONFORMITY WITH LOCAL, STATE, AND FEDERAL ANTI-DISCRIMINATION LAWS, INCLUDING THE FEDERAL FAIR HOUSING ACT (42 USC 3600, ET SEQ.)ICCF OFFERS TWO CLASS SERIES: INTRODUCTION TO HOMEOWNERSHIP AND FINANCIAL CAPABILITIES. TOGETHER THESE SERVE TO EQUIP PROSPECTIVE HOMEBUYERS OR OTHERS WHO ARE WORKING TO ACHIEVE FINANCIAL GOALS OR AFFORDABLE HOUSING. CLASSES ARE TAUGHT BY EXPERTS ON ICCF STAFF AND OFFERED IN ENGLISH AND SPANISH. IN ADDITION, DEDICATED HOUSING COUNSELING AND AN INDIVIDUAL DEVELOPMENT ACCOUNT (IDA) DOWN PAYMENT MATCHING PROGRAM ARE AVAILABLE FOR QUALIFIED CLIENTS. THROUGH THESE PROGRAMS, PARTICIPANTS HAVE THE OPPORTUNITY TO IMPROVE THEIR FAMILY AND HOUSING SITUATIONS, AND INCREASE THEIR OPPORTUNITIES IN LIFE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01016694
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt093433
IRS990/ProgSrvcAccomActy3Grp/Desc0EMERGENCY SHELTER FOR HOMELESS FAMILIES - FAMILY HAVEN: APPROXIMATELY 45 FAMILIES YEARLY RECEIVE EMERGENCY HOUSING AND SERVICES DESIGNED TO TAKE THEM FROM HOMELESSNESS TO STABLE HOUSING AT ICCF'S EMERGENCY FAMILY SHELTER CALLED FAMILY HAVEN. UP TO TWELVE MONTHS OF FOLLOW UP SERVICES HELP FAMILIES SECURE COMMUNITY RESOURCES, EMPLOYMENT, EDUCATION, CHILD CARE, ETC. ALL REFERRALS TO FAMILY HAVEN ARE RECEIVED FROM THE HOUSING ASSESSMENT PROGRAM AT THE SALVATION ARMY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0243874
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02075989
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0455310
IRS990/PYOtherExpensesAmt02074686
IRS990/PYOtherRevenueAmt059085
IRS990/PYProgramServiceRevenueAmt04433533
IRS990/PYRevenuesLessExpensesAmt03042558
IRS990/PYSalariesCompEmpBnftPaidAmt01906673
IRS990/PYTotalExpensesAmt03981359
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07023917
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03640914
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05401917

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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