Civic Intelligence

Powers Non-Profit Housing Corporation

990 • Fiscal year 2020 • EIN 38-2263853

Oct 01, 2019 to Sep 30, 2020 • Filed on Dec 21, 2020

PO Box 11Powers, MI 49886

(906) 497-5742

Siviq Scores

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

Liabilities / Assets

91st percentile

0.70x

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

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

2.05x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Net Margin

51st percentile

9.4%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Asset Growth

25th percentile

-3.4%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-7.4%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$779,706

Down $27,548 (-3.4%) from 2019

Net Assets

Up

$230,751

Up $25,243 (+12%) from 2019

Liabilities

Down

$548,955

Down $52,791 (-8.8%) from 2019

Revenue

Down

$267,547

Down $21,247 (-7.4%) from 2019

Expenses

Down

$242,304

Down $28,926 (-11%) from 2019

Net Income

Up

$25,243

Up $7,679 (+44%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $925,021Liabilities 2011: $895,360Net Assets 2011: $29,6612011Assets 2012: $924,595Liabilities 2012: $876,669Net Assets 2012: $47,9262012Assets 2013: $921,674Liabilities 2013: $856,332Net Assets 2013: $65,3422013Assets 2014: $921,883Liabilities 2014: $835,635Net Assets 2014: $86,2482014Assets 2015: $923,497Liabilities 2015: $810,217Net Assets 2015: $113,2802015Assets 2016: $921,761Liabilities 2016: $784,137Net Assets 2016: $137,6242016Assets 2017: $913,857Liabilities 2017: $752,175Net Assets 2017: $161,6822017Assets 2018: $908,401Liabilities 2018: $720,457Net Assets 2018: $187,9442018Assets 2019: $807,254Liabilities 2019: $601,746Net Assets 2019: $205,5082019Assets 2020: $779,706Liabilities 2020: $548,955Net Assets 2020: $230,7512020Assets 2021: $752,636Liabilities 2021: $509,449Net Assets 2021: $243,1872021Assets 2023: $674,218Liabilities 2023: $419,381Net Assets 2023: $254,8372023Assets 2025: $592,103Liabilities 2025: $307,546Net Assets 2025: $284,5572025

Highlighted filing

2020

Assets$779,706
Liabilities$548,955
Net Assets$230,751

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2011: $238,928Expenses 2011: $233,272Net Income 2011: $5,6562011Revenue 2012: $254,507Expenses 2012: $236,242Net Income 2012: $18,2652012Revenue 2013: $256,266Expenses 2013: $238,850Net Income 2013: $17,4162013Revenue 2014: $253,060Expenses 2014: $232,154Net Income 2014: $20,9062014Revenue 2015: $265,401Expenses 2015: $238,369Net Income 2015: $27,0322015Revenue 2016: $261,099Expenses 2016: $236,759Net Income 2016: $24,3402016Revenue 2017: $274,976Expenses 2017: $250,918Net Income 2017: $24,0582017Revenue 2018: $285,692Expenses 2018: $185,532Net Income 2018: $100,1602018Revenue 2019: $288,794Expenses 2019: $271,230Net Income 2019: $17,5642019Revenue 2020: $267,547Expenses 2020: $242,304Net Income 2020: $25,2432020Revenue 2021: $282,319Expenses 2021: $269,883Net Income 2021: $12,4362021Revenue 2023: $317,232Expenses 2023: $306,613Net Income 2023: $10,6192023Revenue 2025: $321,354Expenses 2025: $315,043Net Income 2025: $6,3112025

Highlighted filing

2020

Revenue$267,547
Expenses$242,304
Net Income$25,243
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Dec 21, 2020
Return Version
2019v5.0
Gross Receipts
$267,547
Mission and Program Overview

Mission

Subsidized low income housing.

Subsidized low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$584,711$543,347▼ $41,364
Rtn Earn Endowment Incm Other Fnds$205,508$230,751▲ $25,243
Savings and Temporary Cash Investments$198,917$218,870▲ $19,953
Cash and Non-Interest-Bearing Accounts$22,044$15,467▼ $6,577
Prepaid Expenses and Deferred Charges$1,365$1,414▲ $49
Accounts Receivable$217$608▲ $391
Total Assets$807,254$779,706▼ $27,548
Liabilities
Tax Exempt Bond Liabilities$571,564$531,999▼ $39,565
Other Liabilities$12,119$12,263▲ $144
Deferred Revenue-$2,755-
Accounts Payable and Accrued Expenses$18,063$1,938▼ $16,125
Total Liabilities$601,746$548,955▼ $52,791
Net Assets / Fund Balance
Total Net Assets Fund Balance$205,508$230,751▲ $25,243
Total Liabilities and Net Assets / Fund Balance$807,254$779,706▼ $27,548

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$411,270$1,610,525$2,021,795
Equipment$109,177$110,076$219,253
Land$22,900-$22,900
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathy St JohnPresident
Barbara MurrayMember
Nel ChartierMember
Susan KleikampMember
Diane KleikampSecretary
Jessica JohnsonTreasurer
Gary EichornVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$253,203
Investment Income
$683
Other Revenue
$13,661
Change in Net Assets
$25,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$267,547
Total Revenue per Audited Statements
$267,547
Total Revenue per Form 990
$267,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,684
Salaries, Compensation, and Employee Benefits$61,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$67,599--$67,599
Depreciation Depletion$60,659--$60,659
Other Salaries and Wages$58,025--$58,025
Interest$33,738--$33,738
Insurance$7,620--$7,620
Office Expenses$6,197--$6,197
Payroll Taxes$3,330--$3,330
Fees for Services Accounting$3,200--$3,200
Advertising$1,671--$1,671
Other Employee Benefits$265--$265
Total Functional Expenses$242,304$0$0$242,304

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$242,304
Total Expenses per Audited Statements$242,304
Total Expenses per Form 990$242,304
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$12,263
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed at monthly meeting

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Powers Non-profit Housing
EIN
38-2263853
Phone
9064975742
Address
PO BOX 11, POWERS, MI 49886

Signing Officer

Name
Kathy St John
Title
President
Phone
9062173014
Signed
2020-12-21

Organization Details

Principal Officer
Kathy St John
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Johnson & Rennie LLC
Address
900 26TH STREET, MENOMINEE, MI 49858
Preparer
Carl R Sorensen CPA
Phone
9068634457
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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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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWERS NON-PROFIT HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0382263853
ReturnHeader/Filer/PhoneNum09064975742
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 11
ReturnHeader/Filer/USAddress/CityNm0POWERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049886
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0392039897
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON & RENNIE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 26TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MENOMINEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049858
ReturnHeader/PreparerPersonGrp/PhoneNum09068634457
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL R SORENSEN CPA
ReturnHeader/ReturnTs02021-01-21T13:43:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$3.08$2.85$3.21$3.15$0.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.74$4.19$2.55$3.17$3.07$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.53$5.09$2.43$2.82$2.70$0.12
2020Detailed filing. Detailed filing data is available for this year.$7.80$5.49$2.31$2.68$2.42$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.07$6.02$2.06$2.89$2.71$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.08$7.20$1.88$2.86$1.86$1.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.14$7.52$1.62$2.75$2.51$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.22$7.84$1.38$2.61$2.37$0.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$8.10$1.13$2.65$2.38$0.27
2014Summary only. Only limited summary data is available for this year.$9.22$8.36$0.86$2.53$2.32$0.21
2013Summary only. Only limited summary data is available for this year.$9.22$8.56$0.65$2.56$2.39$0.17
2012Summary only. Only limited summary data is available for this year.$9.25$8.77$0.48$2.55$2.36$0.18
2011Summary only. Only limited summary data is available for this year.$9.25$8.95$0.30$2.39$2.33$0.06