Civic Intelligence

Keweenaw County Housing Corporation

990EZ • Fiscal year 2023 • EIN 38-2244836

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

Organization ProfileN/A
3183 US Highway 41Mohawk, MI 49950

(906) 337-3515

Siviq Scores

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

Liabilities / Assets

96th percentile

1.66x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.41x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

3.5%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

32nd percentile

-10%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

-2.3%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$114,630

Down $13,039 (-10%) from 2022

Net Assets

Up

-$76,044

Up $4,742 (+5.9%) from 2022

Liabilities

Down

$190,674

Down $17,781 (-8.5%) from 2022

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin51st percentile

Revenue

Down

$135,154

Down $3,160 (-2.3%) from 2022

Expenses

Down

$130,412

Down $14,665 (-10%) from 2022

Net Income

Up

$4,742

Up $11,505 (+170%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$600K$400K$200K$0-$200KAssets 2011: $388,996Liabilities 2011: $435,6312011Assets 2012: $369,776Liabilities 2012: $414,5752012Assets 2013: $344,979Liabilities 2013: $392,3382013Assets 2014: $327,585Liabilities 2014: $371,0412014Assets 2015: $305,806Liabilities 2015: $347,5262015Assets 2016: $285,743Liabilities 2016: $330,6242016Assets 2017: $259,321Liabilities 2017: $313,4982017Assets 2018: $241,026Liabilities 2018: $288,672Net Assets 2018: -$47,6462018Assets 2019: $204,784Liabilities 2019: $273,175Net Assets 2019: -$68,3912019Assets 2020: $184,207Liabilities 2020: $249,573Net Assets 2020: -$65,3662020Assets 2021: $155,208Liabilities 2021: $229,231Net Assets 2021: -$74,0232021Assets 2022: $127,669Liabilities 2022: $208,455Net Assets 2022: -$80,7862022Assets 2023: $114,630Liabilities 2023: $190,674Net Assets 2023: -$76,0442023Assets 2024: $104,389Liabilities 2024: $165,314Net Assets 2024: -$60,9252024

Highlighted filing

2023

Assets$114,630
Liabilities$190,674
Net Assets-$76,044
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $121,172Expenses 2011: $122,142Net Income 2011: -$9702011Revenue 2012: $121,310Expenses 2012: $119,474Net Income 2012: $1,8362012Revenue 2013: $138,679Expenses 2013: $141,239Net Income 2013: -$2,5602013Revenue 2014: $131,640Expenses 2014: $127,737Net Income 2014: $3,9032014Revenue 2015: $129,295Expenses 2015: $127,559Net Income 2015: $1,7362015Revenue 2016: $131,217Expenses 2016: $134,378Net Income 2016: -$3,1612016Revenue 2017: $127,212Expenses 2017: $136,508Net Income 2017: -$9,2962017Revenue 2018: $128,533Expenses 2018: $122,002Net Income 2018: $6,5312018Revenue 2019: $130,485Expenses 2019: $151,230Net Income 2019: -$20,7452019Revenue 2020: $136,101Expenses 2020: $133,076Net Income 2020: $3,0252020Revenue 2021: $140,198Expenses 2021: $148,855Net Income 2021: -$8,6572021Revenue 2022: $138,314Expenses 2022: $145,077Net Income 2022: -$6,7632022Revenue 2023: $135,154Expenses 2023: $130,412Net Income 2023: $4,7422023Revenue 2024: $155,949Expenses 2024: $140,830Net Income 2024: $15,1192024

Highlighted filing

2023

Revenue$135,154
Expenses$130,412
Net Income$4,742
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$135,154
Mission and Program Overview

Mission

Part subsidized apt. rental for the elderly & disabled

Program Services

DescriptionGrantsExpenses
Apartment rental for the elderly and disabled, partially subsidized by the U.S. Department of Agriculture - Rural Housing Service; 24 units,100% occupancy at 12/31/23.$0$130,414
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bill HannonPresident-$0--
Ann StandridgeVice-President-$0--
Elizabeth AndersonSecretary And Treasurer-$0--
Jan GriegerTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Keweenaw County Housing Corporation
EIN
38-2244836
Phone
9063373515
Address
3183 US HIGHWAY 41, Mohawk, MI 49950

Signing Officer

Name
Elizabeth Anderson
Title
Board Member
Phone
9063373515
Signed
2024-09-24
Discuss with paid preparer
No

Preparer

Firm
Zeits Accounting & Tax PLLC
Address
4307 E Douglas Ave, Gilbert, AZ 85234
Preparer
Max Zeits
Phone
7606383498
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Description;Amount^Laundry;2672^Total;2672^”

Form 990-EZ, Part I, Line 16

“Description;Amount^Telephone;1995|Payroll Taxes;2549|Insurance;7159|Interest and Loan Fees;1885|Depreciation;14557^Total;28145^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Accounts payable;5927|Accrued liabilities;1541|Current portion of Mortgage payable;20000|Tennant security deposits held in trust;5550|Long term Mortgage payable;157656^Total;190674^”

Raw XML Appendix165 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Barbara King
IRS990EZ/BooksInCareOfDetail/PhoneNum09063373515
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03183 US HIGHWAY 41
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Mohawk
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049950
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034816
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042860
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04742
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02350
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0127669
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0114630
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0135154
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt010
IRS990EZ/LandAndBuildingsGrp/BOYAmt086327
IRS990EZ/LandAndBuildingsGrp/EOYAmt071770
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-80786
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-76044
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-80786
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-76044
IRS990EZ/OccupancyRentUtltsAndMaintAmt049132
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bill Hannon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ann Standridge
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Elizabeth Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jan Grieger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary and Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06526
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt028145
IRS990EZ/OtherRevenueTotalAmt02672
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Part subsidized apt. rental for the elderly & disabled
IRS990EZ/PrintingPublicationsPostageAmt01132
IRS990EZ/ProgramServiceRevenueAmt0132472
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Apartment rental for the elderly and disabled, partially subsidized by the U.S. Department of Agriculture - Rural Housing Service; 24 units,100% occupancy at 12/31/23.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0130414
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt049653
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0208455
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0190674
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0130412
IRS990EZ/TotalProgramServiceExpensesAmt0130414
IRS990EZ/TotalRevenueAmt0135154
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt054527
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt054549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0269349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt083535
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083787
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt085649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt082543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079882
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0415396
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39336
IRS990ScheduleA/PublicSupportPY170Pct00.397
IRS990ScheduleA/PublicSupportTotal170Amt0269349
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056112
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054527
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt054549
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053558
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050603
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0269349
IRS990ScheduleA/TotalSupportAmt0684745
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Laundry;2672^Total;2672^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Telephone;1995|Payroll Taxes;2549|Insurance;7159|Interest and Loan Fees;1885|Depreciation;14557^Total;28145^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Accounts payable;5927|Accrued liabilities;1541|Current portion of Mortgage payable;20000|Tennant security deposits held in trust;5550|Long term Mortgage payable;157656^Total;190674^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Our previous accountant retired, and we faced significant challenges in finding a suitable replacement. Additionally, we experienced heavy turnover at the manager position, which further complicated our efforts to maintain consistent financial oversight.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Anderson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/PhoneNum09063373515
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KEWEENAW COUNTY HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0KEWE
ReturnHeader/Filer/EIN0382244836
ReturnHeader/Filer/PhoneNum09063373515
ReturnHeader/Filer/USAddress/AddressLine1Txt03183 US HIGHWAY 41
ReturnHeader/Filer/USAddress/CityNm0Mohawk
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049950
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993926168
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Zeits Accounting & Tax PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04307 E Douglas Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gilbert
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085234
ReturnHeader/PreparerPersonGrp/PhoneNum07606383498
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Max Zeits
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-26T11:38:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$114,630
Liabilities
$190,674
Net assets
-$76,044
Revenue
$135,154
Expenses
$130,412
Net income
$4,742
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$1.65$0.61$1.56$1.41$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.15$1.91$0.76$1.35$1.30$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$2.08$0.81$1.38$1.45$0.07
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.55$2.29$0.74$1.40$1.49$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.84$2.50$0.65$1.36$1.33$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$2.73$0.68$1.30$1.51$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$2.89$0.48$1.29$1.22$0.07
2017Summary only. Only limited summary data is available for this year.$2.59$3.13$1.27$1.37$0.09
2016Summary only. Only limited summary data is available for this year.$2.86$3.31$1.31$1.34$0.03
2015Summary only. Only limited summary data is available for this year.$3.06$3.48$1.29$1.28$0.02
2014Summary only. Only limited summary data is available for this year.$3.28$3.71$1.32$1.28$0.04
2013Summary only. Only limited summary data is available for this year.$3.45$3.92$1.39$1.41$0.03
2012Summary only. Only limited summary data is available for this year.$3.70$4.15$1.21$1.19$0.02
2011Summary only. Only limited summary data is available for this year.$3.89$4.36$1.21$1.22$0.01