Civic Intelligence

Chatham Housing Authority

990EZ • Fiscal year 2021 • EIN 38-2780662

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 13, 2022

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

2.60x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

3.79x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

63rd percentile

18%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

51st percentile

6.0%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

18%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$136,603

Up $7,741 (+6.0%) from 2020

Net Assets

Up

-$218,481

Up $17,147 (+7.3%) from 2020

Liabilities

Down

$355,084

Down $9,406 (-2.6%) from 2020

Revenue

Up

$93,629

Up $14,153 (+18%) from 2020

Expenses

Down

$76,482

Down $14,212 (-16%) from 2020

Net Income

Up

$17,147

Up $28,365 (+253%) from 2020

Historical Trend

Balance Sheet Trend

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: $355,084Net Assets 2021: -$218,4812021Assets 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

2021

Assets$136,603
Liabilities$355,084
Net Assets-$218,481

Operations Trend

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

2021

Revenue$93,629
Expenses$76,482
Net Income$17,147
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 13, 2022
Return Version
2021v4.0
Gross Receipts
$93,629
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.-$72,965
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILMA HILLPresident-$0--
PEGGY MAKIVice Preside-$0--
GINA MAKISecretary/Tr-$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
2022-03-13
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 2,000 total 2,000

Form 990-ez, Part I, Line 16

Expenses advertising 625 office expense 1,425 telephone & answering svc 339 other admin 393 interest 6,697 non-investment depreciation 10,552 total 20,031

Form 990-ez, Part II, Line 24

Accounts receivable 0 247 prepaid expenses and deferred charges 616 616 building & personal property 483,162 489,035 less accumulated depreciation 445,059 453,947 total 38,719 35,951

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,779 9,994 mortgage and other notes payable 351,711 345,090

Raw XML Appendix145 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/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/BOYAmt053229
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063738
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017147
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0128862
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136603
IRS990EZ/GrossReceiptsAmt093629
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt035
IRS990EZ/LandAndBuildingsGrp/BOYAmt036914
IRS990EZ/LandAndBuildingsGrp/EOYAmt036914
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-235628
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-218481
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-235628
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-218481
IRS990EZ/OccupancyRentUtltsAndMaintAmt041676
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILMA HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PEGGY MAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GINA MAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt038719
IRS990EZ/OtherAssetsTotalDetail/EOYAmt035951
IRS990EZ/OtherExpensesTotalAmt020031
IRS990EZ/OtherRevenueTotalAmt02000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS
IRS990EZ/ProgramServiceRevenueAmt091594
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt072965
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0364490
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0355084
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076482
IRS990EZ/TotalProgramServiceExpensesAmt072965
IRS990EZ/TotalRevenueAmt093629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 3,813
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt049949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0258228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0519
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0262880
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0839
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03813
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98350
IRS990ScheduleA/PublicSupportPY170Pct00.98900
IRS990ScheduleA/PublicSupportTotal170Amt0258228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051342
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051164
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0258228
IRS990ScheduleA/TotalSupportAmt0262560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 2,000 TOTAL 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 625 OFFICE EXPENSE 1,425 TELEPHONE & ANSWERING SVC 339 OTHER ADMIN 393 INTEREST 6,697 NON-INVESTMENT DEPRECIATION 10,552 TOTAL 20,031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 247 PREPAID EXPENSES AND DEFERRED CHARGES 616 616 BUILDING & PERSONAL PROPERTY 483,162 489,035 LESS ACCUMULATED DEPRECIATION 445,059 453,947 TOTAL 38,719 35,951
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,779 9,994 MORTGAGE AND OTHER NOTES PAYABLE 351,711 345,090
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/SignatureDt02022-03-13
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/PreparerFirmEIN0454082997
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/PreparationDt02022-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J AMBROSE
ReturnHeader/ReturnTs02022-04-12T08:45:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HEIDI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REED
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2021Detailed filing. Detailed filing data is available for this year.$1.37$3.55$2.18$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