Civic Intelligence

Solid Rock Housing Support

990 • Fiscal year 2023 • EIN 38-2938902

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 12, 2023

280 Ottawa StMuskegon, MI 49442

(231) 727-6020

Siviq Scores

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

Liabilities / Assets

81st percentile

0.31x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.37x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

28th percentile

-3.9%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

8.6%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$577,879

Down $23,490 (-3.9%) from 2022

Net Assets

Up

$398,040

Up $9,322 (+2.4%) from 2022

Liabilities

Down

$179,839

Down $32,812 (-15%) from 2022

Revenue

Up

$479,587

Up $37,778 (+8.6%) from 2022

Expenses

Down

$470,265

Down $8,784 (-1.8%) from 2022

Net Income

Up

$9,322

Up $46,562 (+125%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,466,732Liabilities 2010: $263,148Net Assets 2010: $1,203,5842010Assets 2011: $1,642,637Liabilities 2011: $278,522Net Assets 2011: $1,364,1152011Assets 2012: $1,650,167Liabilities 2012: $228,424Net Assets 2012: $1,421,7432012Assets 2013: $1,508,367Liabilities 2013: $187,785Net Assets 2013: $1,320,5822013Assets 2014: $1,596,398Liabilities 2014: $244,969Net Assets 2014: $1,351,4292014Assets 2015: $1,552,514Liabilities 2015: $145,463Net Assets 2015: $1,407,0512015Assets 2016: $1,672,781Liabilities 2016: $306,723Net Assets 2016: $1,366,0582016Assets 2017: $1,561,004Liabilities 2017: $206,554Net Assets 2017: $1,354,4502017Assets 2019: $887,522Liabilities 2019: $456,917Net Assets 2019: $430,6052019Assets 2020: $763,315Liabilities 2020: $341,057Net Assets 2020: $422,2582020Assets 2021: $732,923Liabilities 2021: $306,965Net Assets 2021: $425,9582021Assets 2022: $601,369Liabilities 2022: $212,651Net Assets 2022: $388,7182022Assets 2023: $577,879Liabilities 2023: $179,839Net Assets 2023: $398,0402023Assets 2024: $487,101Liabilities 2024: $204,322Net Assets 2024: $282,7792024Assets 2025: $477,576Liabilities 2025: $191,435Net Assets 2025: $286,1412025

Highlighted filing

2023

Assets$577,879
Liabilities$179,839
Net Assets$398,040

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $1,045,7172010Revenue 2011: $1,018,807Expenses 2011: $947,936Net Income 2011: $70,8712011Revenue 2012: $938,364Expenses 2012: $880,736Net Income 2012: $57,6282012Revenue 2013: $911,855Expenses 2013: $1,013,016Net Income 2013: -$101,1612013Revenue 2014: $740,264Expenses 2014: $857,153Net Income 2014: -$116,8892014Revenue 2015: $967,008Expenses 2015: $911,386Net Income 2015: $55,6222015Revenue 2016: $966,417Expenses 2016: $1,007,410Net Income 2016: -$40,9932016Revenue 2017: $997,902Expenses 2017: $1,009,510Net Income 2017: -$11,6082017Revenue 2019: $667,796Expenses 2019: $1,294,586Net Income 2019: -$626,7902019Revenue 2020: $457,778Expenses 2020: $466,125Net Income 2020: -$8,3472020Revenue 2021: $450,571Expenses 2021: $446,871Net Income 2021: $3,7002021Revenue 2022: $441,809Expenses 2022: $479,049Net Income 2022: -$37,2402022Revenue 2023: $479,587Expenses 2023: $470,265Net Income 2023: $9,3222023Revenue 2024: $346,063Expenses 2024: $461,324Net Income 2024: -$115,2612024Revenue 2025: $472,436Expenses 2025: $469,074Net Income 2025: $3,3622025

Highlighted filing

2023

Revenue$479,587
Expenses$470,265
Net Income$9,322
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 12, 2023
Return Version
2022v5.0
Gross Receipts
$803,973
Mission and Program Overview

Mission

Provide home repairs to low income qualified homeowners in muskegon county

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$364,283$351,063▼ $13,220
Cash and Non-Interest-Bearing Accounts$112,051$166,383▲ $54,332
Inventories for Sale or Use$18,000$18,000→ $0
Accounts Receivable$45,643$4,012▼ $41,631
Intangible Assets$3,410$3,095▼ $315
Prepaid Expenses and Deferred Charges$240$240→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$601,369$577,879▼ $23,490
Other Assets Total$57,742$35,086▼ $22,656
Liabilities
Mortgage Notes Payable Secured by Investment Property$180,305$167,633▼ $12,672
Other Liabilities$22,545--
Accounts Payable and Accrued Expenses$9,801$12,206▲ $2,405
Total Liabilities$212,651$179,839▼ $32,812
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$388,718$398,040▲ $9,322
Total Net Assets Fund Balance$388,718$398,040▲ $9,322
Total Liabilities and Net Assets / Fund Balance$601,369$577,879▼ $23,490

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$258,454$125,195-
Other Land Buildings$18$6,227-
Land$90,575--
Equipment$1,915$69,784-
Leasehold Improvements$101$1,362-
Other Assets Org$4,839--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$12,056-▲ $1,121-$13,177
2022$14,187--$2,131$12,056
2021$11,025-▲ $3,162-$14,187
2020$10,703-▲ $49-$10,752
2019$10,140-▲ $563-$10,703
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$9,953
Program Service Revenue
$79,783
Investment Income
$6
Other Revenue
$389,845
All Other Contributions
$9,953
Change in Net Assets
$9,322

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Clothing and Household Goods$289,864
Total Noncash Contributions$289,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,949
Other Expenses$166,316
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,133$129,353-$282,486
All Other Expenses$16,744$10,274-$27,018
Insurance$14,669$9,122-$23,791
Payroll Taxes$11,584$9,879-$21,463
Depreciation Depletion$13,535--$13,535
Interest$9,588$372-$9,960
Other Expenses$11,010$6,125-$6,125
Advertising$2,974--$2,974
Fees for Services Accounting-$2,170-$2,170
Office Expenses-$728-$728
Total Functional Expenses$302,242$168,023$0$470,265
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Solid Rock Housing Support
EIN
38-2938902
Phone
2317276020
Address
280 OTTAWA ST, MUSKEGON, MI 49442

Signing Officer

Name
Erik Alm
Title
Executive Director
Signed
2023-10-12
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
100

Preparer

Firm
Selby Tax & Accounting PC
Address
841 Slayton Ave, Grand Haven, MI 49417
Preparer
Abby Selby CPA
Phone
6166133222
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0240
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0240
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0HOMEOWNER PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt079783
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079783
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012087
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0143837
IRS990/PYOtherRevenueAmt0406750
IRS990/PYProgramServiceRevenueAmt022963
IRS990/PYRevenuesLessExpensesAmt0-37240
IRS990/PYSalariesCompEmpBnftPaidAmt0335212
IRS990/PYTotalExpensesAmt0479049
IRS990/PYTotalRevenueAmt0441809
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt09322
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0736107
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt016955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0334374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0385532
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0385532
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt016955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0334374
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0385532
IRS990ScheduleA/TotalSupportAmt0385532
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0258454
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0125195
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0383649
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt012056
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013177
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01121
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014187
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt012056
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt02131
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt011025
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014187
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03162
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010703
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010752
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010140
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010703
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0563
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01915
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069784
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt071699
IRS990ScheduleD/LandGrp/BookValueAmt090575
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt090575
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0101
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01362
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01463
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012525
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt117722
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24839
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HOMES HELD FOR SALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LAND HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MORTGAGE N/R, NET OF AMORT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06227
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt06245
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0351063
IRS990ScheduleD/TotalBookValueOtherAssetsAmt035086
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0289864
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0601369
IRS990/TotalAssetsEOYAmt0577879
IRS990/TotalAssetsGrp/BOYAmt0601369
IRS990/TotalAssetsGrp/EOYAmt0577879
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09953
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168023
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0302242
IRS990/TotalFunctionalExpensesGrp/TotalAmt0470265
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0212651

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.$0.48$0.19$0.29$0.47$0.47$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.20$0.28$0.35$0.46$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.18$0.40$0.48$0.47$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.21$0.39$0.44$0.48$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.31$0.43$0.45$0.45$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.34$0.42$0.46$0.47$0.01
2019Summary only. Only limited summary data is available for this year.$0.89$0.46$0.43$0.67$1.29$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.21$1.35$1.00$1.01$0.01
2016Summary only. Only limited summary data is available for this year.$1.67$0.31$1.37$0.97$1.01$0.04
2015Summary only. Only limited summary data is available for this year.$1.55$0.15$1.41$0.97$0.91$0.06
2014Summary only. Only limited summary data is available for this year.$1.60$0.24$1.35$0.74$0.86$0.12
2013Summary only. Only limited summary data is available for this year.$1.51$0.19$1.32$0.91$1.01$0.10
2012Summary only. Only limited summary data is available for this year.$1.65$0.23$1.42$0.94$0.88$0.06
2011Summary only. Only limited summary data is available for this year.$1.64$0.28$1.36$1.02$0.95$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.26$1.20$1.05