Civic Intelligence

Chatham Housing Authority

990EZ • Fiscal year 2022 • EIN 38-2780662

Jan 01, 2022 to Dec 31, 2022 • Filed on May 31, 2023

Organization ProfileN/A
PO Box 15Chatham, MI 49816

(517) 272-2900

Siviq Scores

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

Liabilities / Assets

97th percentile

2.55x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

3.71x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

53rd percentile

2.7%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

2.9%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$140,357

Up $3,754 (+2.7%) from 2021

Net Assets

-$217,039

No earlier filing loaded for comparison.

Liabilities

Up

$357,396

Up $2,312 (+0.7%) from 2021

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin44th percentile

Revenue

Up

$96,313

Up $2,684 (+2.9%) from 2021

Expenses

Up

$94,871

Up $18,389 (+24%) from 2021

Net Income

Down

$1,442

Down $15,705 (-92%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth53rd 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

2022

Assets$140,357
Liabilities$357,396
Net Assets-$217,039
Open 2022 Filing

Operations Trend

Revenue Growth44th 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

2022

Revenue$96,313
Expenses$94,871
Net Income$1,442
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 31, 2023
Return Version
2022v5.0
Gross Receipts
$96,313
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.-$90,809
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILMA HILLPresident-$0--
CINDY KALLIOVice Preside-$0--
GINA MAKISecretary/Tr-$0--
BEVERLY PARKINSONDirector-$0--
RHONDA SEPPANENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Chatham Housing Authority
EIN
38-2780662
Address
PO BOX 15, CHATHAM, MI 49816

Signing Officer

Name
Wilma Hill
Title
President
Phone
9064395185
Signed
2023-05-31
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 16

“Expenses advertising 172 office expense 4,918 telephone & answering svc 1,582 other admin 900 interest 7,113 insurance - fidelity bond 305 non-investment depreciation 5,420 total 20,410”

Form 990-ez, Part II, Line 24

“Accounts receivable 247 0 prepaid expenses and deferred charges 616 185 building & personal property 489,035 494,901 less accumulated depreciation 453,947 457,197 total 35,951 37,889”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 9,994 19,530 mortgage and other notes payable 345,090 337,866”

Raw XML Appendix152 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0KMG PRESTIGE
IRS990EZ/BooksInCareOfDetail/PhoneNum05172722900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03390 PINE TREE RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LANSING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048911
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063738
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065554
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01442
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024688
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0136603
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0140357
IRS990EZ/GrossReceiptsAmt096313
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt018
IRS990EZ/LandAndBuildingsGrp/BOYAmt036914
IRS990EZ/LandAndBuildingsGrp/EOYAmt036914
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-218481
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-217039
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-218481
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-217039
IRS990EZ/OccupancyRentUtltsAndMaintAmt049773
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILMA HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CINDY KALLIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GINA MAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BEVERLY PARKINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RHONDA SEPPANEN
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/BOYAmt035951
IRS990EZ/OtherAssetsTotalDetail/EOYAmt037889
IRS990EZ/OtherExpensesTotalAmt020410
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS
IRS990EZ/ProgramServiceRevenueAmt096295
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090809
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0355084
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0357396
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt094871
IRS990EZ/TotalProgramServiceExpensesAmt090809
IRS990EZ/TotalRevenueAmt096313
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 3,711
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0260700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0467
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0283976
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0839
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03711
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98420
IRS990ScheduleA/PublicSupportPY170Pct00.98350
IRS990ScheduleA/PublicSupportTotal170Amt0260700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051342
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049949
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0260700
IRS990ScheduleA/TotalSupportAmt0264878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 172 OFFICE EXPENSE 4,918 TELEPHONE & ANSWERING SVC 1,582 OTHER ADMIN 900 INTEREST 7,113 INSURANCE - FIDELITY BOND 305 NON-INVESTMENT DEPRECIATION 5,420 TOTAL 20,410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 247 0 PREPAID EXPENSES AND DEFERRED CHARGES 616 185 BUILDING & PERSONAL PROPERTY 489,035 494,901 LESS ACCUMULATED DEPRECIATION 453,947 457,197 TOTAL 35,951 37,889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 9,994 19,530 MORTGAGE AND OTHER NOTES PAYABLE 345,090 337,866
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILMA HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09064395185
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHATHAM HOUSING AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0CHAT
ReturnHeader/Filer/EIN0382780662
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 15
ReturnHeader/Filer/USAddress/CityNm0CHATHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049816
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J AMBROSE
ReturnHeader/ReturnTs02023-06-14T11:07:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILMA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HILL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$140,357
Liabilities
$357,396
Net assets
-$217,039
Revenue
$96,313
Expenses
$94,871
Net income
$1,442
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
2022Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits