Civic Intelligence

Housing Resources Inc.

990 • Fiscal year 2023 • EIN 38-2474879

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 01, 2024

Organization ProfileWWW.HOUSINGRESOURCESINC.ORG

View Organization Page

420 E Alcott 200Kalamazoo, MI 49001

(269) 382-0287

Siviq Scores

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

Liabilities / Assets

51st percentile

0.14x

Higher debt load relative to assets than 51% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.28x

Higher debt load relative to revenue than 60% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$116,970

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

3rd percentile

-25%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-84%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$8,117,936

Down $2,754,226 (-25%) from 2022

Net Assets

Down

$6,997,367

Down $243,099 (-3.4%) from 2022

Liabilities

Down

$1,120,569

Down $2,511,127 (-69%) from 2022

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin18th percentile

Revenue

Down

$4,067,336

Down $21,876,241 (-84%) from 2022

Expenses

Down

$4,637,598

Down $21,290,676 (-82%) from 2022

Net Income

Down

-$570,262

Down $585,565 (-3826%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$15M$10M$5.0M$0Assets 2010: $4,764,150Liabilities 2010: $716,167Net Assets 2010: $4,047,9832010Assets 2011: $4,563,475Liabilities 2011: $126,151Net Assets 2011: $4,437,3242011Assets 2012: $5,884,854Liabilities 2012: $655,637Net Assets 2012: $5,229,2172012Assets 2013: $6,194,409Liabilities 2013: $197,396Net Assets 2013: $5,997,0132013Assets 2014: $6,305,711Liabilities 2014: $118,264Net Assets 2014: $6,187,4472014Assets 2015: $6,220,284Liabilities 2015: $96,052Net Assets 2015: $6,124,2322015Assets 2016: $6,479,254Liabilities 2016: $110,546Net Assets 2016: $6,368,7082016Assets 2017: $6,889,095Liabilities 2017: $123,907Net Assets 2017: $6,765,1882017Assets 2018: $6,800,802Liabilities 2018: $151,178Net Assets 2018: $6,649,6242018Assets 2019: $6,379,000Liabilities 2019: $96,708Net Assets 2019: $6,282,2922019Assets 2020: $7,409,707Liabilities 2020: $446,832Net Assets 2020: $6,962,8752020Assets 2021: $11,093,824Liabilities 2021: $3,358,928Net Assets 2021: $7,734,8962021Assets 2022: $10,872,162Liabilities 2022: $3,631,696Net Assets 2022: $7,240,4662022Assets 2023: $8,117,936Liabilities 2023: $1,120,569Net Assets 2023: $6,997,3672023Assets 2024: $8,859,004Liabilities 2024: $2,179,050Net Assets 2024: $6,679,9542024

Highlighted filing

2023

Assets$8,117,936
Liabilities$1,120,569
Net Assets$6,997,367
Open 2023 Filing

Operations Trend

Revenue Growth2nd percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $3,234,0162010Expenses 2011: $2,566,5672011Expenses 2012: $2,896,8092012Revenue 2013: $3,958,110Expenses 2013: $3,363,441Net Income 2013: $594,6692013Revenue 2014: $3,109,508Expenses 2014: $2,897,477Net Income 2014: $212,0312014Revenue 2015: $2,914,650Expenses 2015: $2,910,137Net Income 2015: $4,5132015Revenue 2016: $3,004,680Expenses 2016: $2,779,288Net Income 2016: $225,3922016Revenue 2017: $3,628,213Expenses 2017: $3,288,654Net Income 2017: $339,5592017Revenue 2018: $3,380,431Expenses 2018: $3,373,089Net Income 2018: $7,3422018Revenue 2019: $3,537,029Expenses 2019: $4,141,077Net Income 2019: -$604,0482019Revenue 2020: $5,667,348Expenses 2020: $5,266,991Net Income 2020: $400,3572020Revenue 2021: $28,113,535Expenses 2021: $27,588,523Net Income 2021: $525,0122021Revenue 2022: $25,943,577Expenses 2022: $25,928,274Net Income 2022: $15,3032022Revenue 2023: $4,067,336Expenses 2023: $4,637,598Net Income 2023: -$570,2622023Revenue 2024: $2,856,824Expenses 2024: $3,323,913Net Income 2024: -$467,0892024

Highlighted filing

2023

Revenue$4,067,336
Expenses$4,637,598
Net Income-$570,262
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 1, 2024
Return Version
2023v5.1
Gross Receipts
$4,585,272
Mission and Program Overview

Mission

To assure housing for socially and economically vulnerable residents of kalamazoo county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,708,696$2,844,773▲ $136,077
Investments Program Related$1,420,784$1,420,784→ $0
Land, Buildings, and Equipment, Net$1,260,912$1,134,046▼ $126,866
Cash and Non-Interest-Bearing Accounts$2,528,102$933,193▼ $1,594,909
Other Notes and Loans Receivable, Net$590,169$595,802▲ $5,633
Pledges and Grants Receivable$1,601,953$592,615▼ $1,009,338
Prepaid Expenses and Deferred Charges$29,619$49,873▲ $20,254
Total Assets$10,872,162$8,117,936▼ $2,754,226
Other Assets Total$731,927$546,850▼ $185,077
Liabilities
Unsecured Notes Loans Payable$1,051,990$1,026,990▼ $25,000
Accounts Payable and Accrued Expenses$2,514,231$93,579▼ $2,420,652
Other Liabilities$65,475$0▼ $65,475
Total Liabilities$3,631,696$1,120,569▼ $2,511,127
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,828,502$6,514,024▼ $314,478
Net Assets With Donor Restrictions$411,964$483,343▲ $71,379
Total Net Assets Fund Balance$7,240,466$6,997,367▼ $243,099
Total Liabilities and Net Assets / Fund Balance$10,872,162$8,117,936▼ $2,754,226

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$908,803$496,015$1,404,818
Buildings$194,885$123,556$318,441
Land$30,358-$30,358
Investment Program Related Org$616,992--
Other Assets Org$546,850--
Other Securities$96--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle DavisExecutive DirectorFT$101,607$15,363$116,970

Board Members and Trustees

NameTitle
Karen BarnesPresident
Claudia Wink-basingVice President (ended 11/23)
Alex JeffriesDirector
Cheryl JohnsonDirector
Cynthia OrtegaDirector
Elisabeth Von EitzenDirector
Forest DrummerDirector
Kristen PollichDirector
Meoshi AtkinsonDirector
Neil StuutDirector
Sheila Dorsey-smithDirector
David JarlDirector (ended 4/23)
Judy LewisSecretary
Roy Dangel JrTreasurer
Jose SantamariaTreasurer/VP (ended/began 11/23)
Revenue and Support

Revenue Composition

Contributions and Grants
$4,112,111
Program Service Revenue
$192,128
Investment Income
$-214,860
Other Revenue
$-22,043
All Other Contributions
$783,339
Change in Net Assets
$-570,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,106,427
Salaries, Compensation, and Employee Benefits$1,531,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,119,231$7,647-$1,126,878
Other Employee Benefits$168,991$8,349-$177,340
Fees for Services Other$77,832$86,064-$163,896
Depreciation Depletion$101,493$25,373-$126,866
Current Officers, Directors, Trustees, and Key Employees$114,461$2,509-$116,970
Payroll Taxes$99,140$1,760-$100,900
Interest-$89,378-$89,378
Office Expenses$42,773$19,599-$62,372
Occupancy$45,096$1,690-$46,786
Insurance$32,535$4,026-$36,561
Fees for Services Accounting$3,535$31,813-$35,348
Fees for Service Investment Mgmnt Fees$15,829$4,998-$20,827
Other Expenses$1,791$8,839-$10,630
Pension Plan Contributions$3,950$5,133-$9,083
Fees for Services Legal$889--$889
Conferences and Meetings-$151-$151
Total Functional Expenses$4,340,269$297,329$0$4,637,598
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,043
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk to End Homeless$104,398-$10,745-
Total Events$187,067-$22,043$-22,043
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
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

“Once the 990 has been completed, a draft form will be presented to the finance committee for review and approval. The 990 is available to any member of the board of directors.”

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

“Annually each board member and staff member will review the code of conduct policy which includes the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Compensation process for top official: the board shall employ an executive director to manage the activities of the corporation. The board shall determine the terms and conditions of the executive director's employment, including compensation. It shall conduct an annual evaluation of the executive director.”

Form 990, Part VI, Section C, Line 19

“Documents may be requested. Request is reviewed and documents may be made available following review based on applicable laws, regulations, and privacy considerations.”

Filing and Contact Details

Filer

Filer Name
Housing Resources Inc
EIN
38-2474879
Phone
2693820287
Address
420 E ALCOTT 200, KALAMAZOO, MI 49001

Signing Officer

Name
Karen Barnes
Title
President
Phone
2693820287
Signed
2024-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Barnes
Formed
1982
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
53
Volunteers
135

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Amber Rathbun CPA
Phone
5173237500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.”

Raw XML AppendixShowing 400 of 628 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/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (ENDED 4/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER/VP (ENDED/BEGAN 11/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT (ENDED 11/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
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IRS990/FormationYr01982
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IRS990/FSAuditedInd01
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IRS990/FundraisingDirectExpensesAmt022043
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IRS990/IRPDocumentW2GCnt00
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0495893
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSURE HOUSING FOR SOCIALLY AND ECONOMICALLY VULNERABLE RESIDENTS OF KALAMAZOO COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07240466
IRS990/NetAssetsOrFundBalancesEOYAmt06997367
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-297713
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-297713
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-22043
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-22043
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0327163
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06828502
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06514024
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01690
IRS990/OccupancyGrp/ProgramServicesAmt045096
IRS990/OccupancyGrp/TotalAmt046786
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019599
IRS990/OfficeExpensesGrp/ProgramServicesAmt042773
IRS990/OfficeExpensesGrp/TotalAmt062372
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0731927
IRS990/OtherAssetsTotalGrp/EOYAmt0546850
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08349
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0168991
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0177340
IRS990/OtherExpensesGrp/Desc0CLIENT ASSISTANCE
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08839
IRS990/OtherExpensesGrp/ProgramServicesAmt02236936
IRS990/OtherExpensesGrp/ProgramServicesAmt1275787
IRS990/OtherExpensesGrp/ProgramServicesAmt21791
IRS990/OtherExpensesGrp/TotalAmt02236936
IRS990/OtherExpensesGrp/TotalAmt1275787
IRS990/OtherExpensesGrp/TotalAmt210630
IRS990/OtherLiabilitiesGrp/BOYAmt065475
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01119231
IRS990/OtherSalariesAndWagesGrp/TotalAmt01126878
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0590169
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0595802
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01760
IRS990/PayrollTaxesGrp/ProgramServicesAmt099140
IRS990/PayrollTaxesGrp/TotalAmt0100900
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05133
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03950
IRS990/PensionPlanContributionsGrp/TotalAmt09083
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01601953
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0592615
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029619
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049873
IRS990/PrincipalOfficerNm0KAREN BARNES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERSHIP MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0192128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0192128
IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING DEVELOPMENT AND PROPERTY SERVICES PROGRAM, HOUSING RESOURCES, INC. ALSO DEVELOPS AND MANAGES FOUR LOW-INCOME HOUSING TAX CREDIT PROPERTIES, WHICH INCLUDE PINEHURST TOWNHOMES, SUMMIT PARK APARTMENTS, KALAMAZOO ROSEWOOD, AND RICKMAN HOUSE AND PROVIDES SUPPORT SERVICES TO TENANTS AS NEEDED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053024
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025954752
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt014746352
IRS990/PYInvestmentIncomeAmt0-133599
IRS990/PYOtherExpensesAmt09529936
IRS990/PYOtherRevenueAmt0-17729
IRS990/PYProgramServiceRevenueAmt0140153
IRS990/PYRevenuesLessExpensesAmt015303
IRS990/PYSalariesCompEmpBnftPaidAmt01651986
IRS990/PYTotalExpensesAmt025928274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025943577
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-570262
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0192128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04112111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025954752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt027665357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05327893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03130182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt066190295
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt082853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064568
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0114592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057900
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt054781
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0374694
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0869569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99440
IRS990ScheduleA/PublicSupportPY170Pct00.99470
IRS990ScheduleA/PublicSupportTotal170Amt066190295
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04112111
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025954752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt027665357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05327893
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03130182
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt066190295
IRS990ScheduleA/TotalSupportAmt066564989
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0194885
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0123556
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0318441
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0154782
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1134587
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2514423
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3616992
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ROSEWOOD NONPROFIT HOUSING
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1KALAMAZOO AREA HOUSING CORP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RICKMAN HOUSE LIHC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3RICKMAN HOUSE PRESERVATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$8,117,936
Liabilities
$1,120,569
Net assets
$6,997,367
Revenue
$4,067,336
Expenses
$4,637,598
Net income
-$570,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$2.18$6.68$2.86$3.32$0.47
2023Detailed filing. Detailed filing data is available for this year.$8.12$1.12$7.00$4.07$4.64$0.57
2022Detailed filing. Detailed filing data is available for this year.$10.9$3.63$7.24$25.9$25.9$0.02
2021Detailed filing. Detailed filing data is available for this year.$11.1$3.36$7.73$28.1$27.6$0.53
2020Detailed filing. Detailed filing data is available for this year.$7.41$0.45$6.96$5.67$5.27$0.40
2019Detailed filing. Detailed filing data is available for this year.$6.38$0.10$6.28$3.54$4.14$0.60
2018Detailed filing. Detailed filing data is available for this year.$6.80$0.15$6.65$3.38$3.37$0.01
2017Detailed filing. Detailed filing data is available for this year.$6.89$0.12$6.77$3.63$3.29$0.34
2016Detailed filing. Detailed filing data is available for this year.$6.48$0.11$6.37$3.00$2.78$0.23
2015Detailed filing. Detailed filing data is available for this year.$6.22$0.10$6.12$2.91$2.91$0.00
2014Detailed filing. Detailed filing data is available for this year.$6.31$0.12$6.19$3.11$2.90$0.21
2013Detailed filing. Detailed filing data is available for this year.$6.19$0.20$6.00$3.96$3.36$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$0.66$5.23$2.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$0.13$4.44$2.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.72$4.05$3.23