Civic Intelligence

Chatham Housing Authority

990EZ • Fiscal year 2020 • EIN 38-2780662

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 13, 2021

Organization ProfileN/A
PO Box 799Cedar Springs, MI 49319

(616) 696-9678

Siviq Scores

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

Liabilities / Assets

98th percentile

2.83x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

4.59x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-14%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

27th percentile

-10%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

-2.0%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$128,862

Down $14,935 (-10%) from 2019

Net Assets

Down

-$235,628

Down $11,218 (-5.0%) from 2019

Liabilities

Down

$364,490

Down $3,717 (-1.0%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin25th percentile

Revenue

Down

$79,476

Down $1,624 (-2.0%) from 2019

Expenses

Up

$90,694

Up $3,493 (+4.0%) from 2019

Net Income

Down

-$11,218

Down $5,117 (-84%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $230,281Liabilities 2010: $401,439Net Assets 2010: -$171,1582010Assets 2011: $242,979Liabilities 2011: $399,189Net Assets 2011: -$156,2102011Assets 2012: $241,393Liabilities 2012: $396,482Net Assets 2012: -$155,0892012Assets 2013: $231,807Liabilities 2013: $390,133Net Assets 2013: -$158,3262013Assets 2014: $220,897Liabilities 2014: $387,397Net Assets 2014: -$166,5002014Assets 2015: $204,234Liabilities 2015: $384,405Net Assets 2015: -$180,1712015Assets 2016: $176,754Liabilities 2016: $376,863Net Assets 2016: -$200,1092016Assets 2017: $159,785Liabilities 2017: $373,386Net Assets 2017: -$213,6012017Assets 2018: $151,092Liabilities 2018: $369,401Net Assets 2018: -$218,3092018Assets 2019: $143,797Liabilities 2019: $368,207Net Assets 2019: -$224,4102019Assets 2020: $128,862Liabilities 2020: $364,490Net Assets 2020: -$235,6282020Assets 2021: $136,603Liabilities 2021: $355,0842021Assets 2022: $140,357Liabilities 2022: $357,396Net Assets 2022: -$217,0392022Assets 2023: $144,111Liabilities 2023: $349,2482023Assets 2024: $151,214Liabilities 2024: $341,806Net Assets 2024: -$190,5922024

Highlighted filing

2020

Assets$128,862
Liabilities$364,490
Net Assets-$235,628
Open 2020 Filing

Operations Trend

Revenue Growth62nd percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $69,255Expenses 2010: $77,413Net Income 2010: -$8,1582010Revenue 2011: $98,818Expenses 2011: $83,870Net Income 2011: $14,9482011Revenue 2012: $101,049Expenses 2012: $99,928Net Income 2012: $1,1212012Revenue 2013: $99,393Expenses 2013: $102,630Net Income 2013: -$3,2372013Revenue 2014: $93,840Expenses 2014: $102,014Net Income 2014: -$8,1742014Revenue 2015: $98,775Expenses 2015: $112,446Net Income 2015: -$13,6712015Revenue 2016: $96,408Expenses 2016: $116,346Net Income 2016: -$19,9382016Revenue 2017: $95,464Expenses 2017: $108,956Net Income 2017: -$13,4922017Revenue 2018: $81,572Expenses 2018: $86,280Net Income 2018: -$4,7082018Revenue 2019: $81,100Expenses 2019: $87,201Net Income 2019: -$6,1012019Revenue 2020: $79,476Expenses 2020: $90,694Net Income 2020: -$11,2182020Revenue 2021: $93,629Expenses 2021: $76,482Net Income 2021: $17,1472021Revenue 2022: $96,313Expenses 2022: $94,871Net Income 2022: $1,4422022Revenue 2023: $107,601Expenses 2023: $95,699Net Income 2023: $11,9022023Revenue 2024: $116,555Expenses 2024: $102,010Net Income 2024: $14,5452024

Highlighted filing

2020

Revenue$79,476
Expenses$90,694
Net Income-$11,218
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 13, 2021
Return Version
2020v4.0
Gross Receipts
$79,476
Mission and Program Overview

Mission

To provide affordable housing to low-income individuals

Program Services

DescriptionGrantsExpenses
OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.-$86,924
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILMA HILLPresident-$0--
PEGGY MAKIVice Preside-$0--
GINA MAKISecretary/Tr-$0--
LOUISE HEETIDirector-$0--
PAUL KELTODirector-$0--
Filing and Contact Details

Filer

Filer Name
Chatham Housing Authority
EIN
38-2780662
Address
PO BOX 799, CEDAR SPRINGS, MI 49319

Signing Officer

Name
Heidi Reed
Title
Managing Agent
Signed
2021-03-13
Discuss with paid preparer
Yes

Preparer

Firm
David J Ambrose CPA Pllc
Address
836 CENTENNIAL WAY STE 110, LANSING, MI 48917
Preparer
David J Ambrose
Phone
5173191040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Miscellaneous 515 total 515”

Form 990-ez, Part I, Line 16

“Expenses advertising 389 office expense 1,142 telephone & answering svc 510 other admin 307 interest 7,050 non-investment depreciation 7,859 total 17,257”

Form 990-ez, Part II, Line 24

“Accounts receivable 516 0 prepaid expenses and deferred charges 616 616 building & personal property 478,762 483,162 less accumulated depreciation 437,200 445,059 total 42,694 38,719”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 13,076 12,779 mortgage and other notes payable 355,131 351,711”

Raw XML Appendix158 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0WILMA HILL
CompensationExplanation/CompensationExplanationGrp/PersonNm1PEGGY MAKI
CompensationExplanation/CompensationExplanationGrp/PersonNm2GINA MAKI
CompensationExplanation/CompensationExplanationGrp/PersonNm3LOUISE HEETI
CompensationExplanation/CompensationExplanationGrp/PersonNm4PAUL KELTO
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RED OAK MANAGEMENT CO INC
IRS990EZ/BooksInCareOfDetail/PhoneNum06166969678
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 799
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDAR SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049319
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064189
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053229
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11218
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt018040
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0143797
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0128862
IRS990EZ/GrossReceiptsAmt079476
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt050
IRS990EZ/LandAndBuildingsGrp/BOYAmt036914
IRS990EZ/LandAndBuildingsGrp/EOYAmt036914
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-224410
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-235628
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-224410
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-235628
IRS990EZ/OccupancyRentUtltsAndMaintAmt055397
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILMA HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PEGGY MAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GINA MAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LOUISE HEETI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PAUL KELTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt042694
IRS990EZ/OtherAssetsTotalDetail/EOYAmt038719
IRS990EZ/OtherExpensesTotalAmt017257
IRS990EZ/OtherRevenueTotalAmt0515
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS
IRS990EZ/ProgramServiceRevenueAmt078911
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt086924
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0368207
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0364490
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090694
IRS990EZ/TotalProgramServiceExpensesAmt086924
IRS990EZ/TotalRevenueAmt079476
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 2,254
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0254266
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0586
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0247528
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0839
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0102
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0441
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02254
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98900
IRS990ScheduleA/PublicSupportPY170Pct00.98870
IRS990ScheduleA/PublicSupportTotal170Amt0254266
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051342
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051827
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0254266
IRS990ScheduleA/TotalSupportAmt0257106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 515 TOTAL 515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 389 OFFICE EXPENSE 1,142 TELEPHONE & ANSWERING SVC 510 OTHER ADMIN 307 INTEREST 7,050 NON-INVESTMENT DEPRECIATION 7,859 TOTAL 17,257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 516 0 PREPAID EXPENSES AND DEFERRED CHARGES 616 616 BUILDING & PERSONAL PROPERTY 478,762 483,162 LESS ACCUMULATED DEPRECIATION 437,200 445,059 TOTAL 42,694 38,719
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,076 12,779 MORTGAGE AND OTHER NOTES PAYABLE 355,131 351,711
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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEIDI REED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHATHAM HOUSING AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0CHAT
ReturnHeader/Filer/EIN0382780662
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 799
ReturnHeader/Filer/USAddress/CityNm0CEDAR SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049319
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383572823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID J AMBROSE CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0836 CENTENNIAL WAY STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048917
ReturnHeader/PreparerPersonGrp/PhoneNum05173191040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J AMBROSE
ReturnHeader/ReturnTs02021-03-22T13:15:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HEIDI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REED
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,862
Liabilities
$364,490
Net assets
-$235,628
Revenue
$79,476
Expenses
$90,694
Net income
-$11,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$3.42$1.91$1.17$1.02$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$3.49$1.08$0.96$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$3.57$2.17$0.96$0.95$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$3.55$0.94$0.76$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.29$3.64$2.36$0.79$0.91$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$3.68$2.24$0.81$0.87$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$3.69$2.18$0.82$0.86$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.60$3.73$2.14$0.95$1.09$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.77$3.77$2.00$0.96$1.16$0.20
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.04$3.84$1.80$0.99$1.12$0.14
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.21$3.87$1.67$0.94$1.02$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.32$3.90$1.58$0.99$1.03$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$3.96$1.55$1.01$1.00$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$3.99$1.56$0.99$0.84$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$4.01$1.71$0.69$0.77$0.08