Civic Intelligence

Lenawee Emergency and Affordable Housing Corp

990 • Fiscal year 2016 • EIN 38-3091170

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 15, 2017

PO Box 692Adrian, MI 49221

(517) 264-0782

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

42nd percentile

0.02x

Higher debt load relative to revenue than 42% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

41st percentile

-0.7%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$507,699

Down $3,788 (-0.7%) from 2015

Net Assets

Down

$499,009

Down $2,581 (-0.5%) from 2015

Liabilities

Down

$8,690

Down $1,207 (-12%) from 2015

Revenue

Up

$434,839

Up $51,764 (+14%) from 2015

Expenses

Up

$437,420

Up $36,061 (+9.0%) from 2015

Net Income

Up

-$2,581

Up $15,703 (+86%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $490,924Liabilities 2011: $10,370Net Assets 2011: $480,5542011Assets 2012: $499,405Liabilities 2012: $15,907Net Assets 2012: $483,4982012Assets 2013: $543,510Liabilities 2013: $15,595Net Assets 2013: $527,9152013Assets 2014: $536,185Liabilities 2014: $16,311Net Assets 2014: $519,8742014Assets 2015: $511,487Liabilities 2015: $9,897Net Assets 2015: $501,5902015Assets 2016: $507,699Liabilities 2016: $8,690Net Assets 2016: $499,0092016Assets 2017: $513,273Liabilities 2017: $8,531Net Assets 2017: $504,7422017Assets 2018: $534,616Liabilities 2018: $8,315Net Assets 2018: $526,3012018Assets 2019: $582,480Liabilities 2019: $7,299Net Assets 2019: $575,1812019Assets 2020: $669,865Liabilities 2020: $53,596Net Assets 2020: $616,2692020Assets 2021: $2,630,191Liabilities 2021: $1,968,381Net Assets 2021: $661,8102021Assets 2022: $717,318Liabilities 2022: $92,711Net Assets 2022: $624,6072022Assets 2023: $677,431Liabilities 2023: $35,509Net Assets 2023: $641,9222023Assets 2024: $744,217Liabilities 2024: $20,542Net Assets 2024: $723,6752024

Highlighted filing

2016

Assets$507,699
Liabilities$8,690
Net Assets$499,009

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $587,9872011Expenses 2012: $433,9102012Revenue 2013: $490,771Expenses 2013: $446,354Net Income 2013: $44,4172013Revenue 2014: $457,353Expenses 2014: $465,394Net Income 2014: -$8,0412014Revenue 2015: $383,075Expenses 2015: $401,359Net Income 2015: -$18,2842015Revenue 2016: $434,839Expenses 2016: $437,420Net Income 2016: -$2,5812016Revenue 2017: $422,023Expenses 2017: $416,290Net Income 2017: $5,7332017Revenue 2018: $466,914Expenses 2018: $445,355Net Income 2018: $21,5592018Revenue 2019: $502,981Expenses 2019: $481,232Net Income 2019: $21,7492019Revenue 2020: $546,466Expenses 2020: $505,378Net Income 2020: $41,0882020Revenue 2021: $2,836,725Expenses 2021: $2,791,184Net Income 2021: $45,5412021Revenue 2022: $5,097,402Expenses 2022: $5,134,605Net Income 2022: -$37,2032022Revenue 2023: $1,250,663Expenses 2023: $1,233,348Net Income 2023: $17,3152023Revenue 2024: $1,028,225Expenses 2024: $946,472Net Income 2024: $81,7532024

Highlighted filing

2016

Revenue$434,839
Expenses$437,420
Net Income-$2,581
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$441,887
Mission and Program Overview

Mission

to advance housing stability and affordable opportunities for low income people especially those in crisis or at risk individuals and families within Lenawee County

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$329,108$312,505▼ $16,603
Cash and Non-Interest-Bearing Accounts$170,099$177,647▲ $7,548
Accounts Receivable$12,280$15,165▲ $2,885
Prepaid Expenses and Deferred Charges-$2,382-
Total Assets$511,487$507,699▼ $3,788
Liabilities
Accounts Payable and Accrued Expenses$7,059$6,975▼ $84
Other Liabilities$2,838$1,715▼ $1,123
Total Liabilities$9,897$8,690▼ $1,207
Net Assets / Fund Balance
Unrestricted Net Assets$477,292$471,168▼ $6,124
Temporarily Rstr Net Assets$24,298$27,841▲ $3,543
Total Net Assets Fund Balance$501,590$499,009▼ $2,581
Total Liabilities and Net Assets / Fund Balance$511,487$507,699▼ $3,788

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$261,005$244,555-
Land$51,500--
Equipment-$19,517-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles NoePresident
Tino RebattaroVice President
Abigail NoeDirector
Angela Susalla OPDirector
Jennifer FrostDirector
Karen CaineDirector
Margie Eriksen BlakerDirector
Marycelia SeeDirector
Nakeyia MeyersDirector
Sarah BukuDirector
Sean CorsiniDirector
Susan KingDirector
Susan NicholsDirector
Virginia Corley OPDirector
Elizabeth SalernoExecutive Director
Leandra DiedrichSecretary
Nicholas VanoverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$353,177
Program Service Revenue
$72,797
Investment Income
$1,016
Other Revenue
$7,849
All Other Contributions
$104,146
Change in Net Assets
$-2,581

Audited Revenue Reconciliation

Revenue per Audited Statements
$434,839
Revenue Not Reported on Form 990
$23,178
Total Revenue per Audited Statements
$458,017
Total Revenue per Form 990
$434,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,083
Grants and Similar Amounts Paid$124,688
Other Expenses$89,649
Total Fundraising Expense$5,780
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$170,098$25,349$4,769$200,216
Grants to Domestic Individuals$124,688--$124,688
Occupancy$16,445$1,653-$18,098
Payroll Taxes$14,810$2,138$592$17,540
Depreciation Depletion$9,479$7,124-$16,603
Other Expenses$2,300$7,931$32$10,231
Other Employee Benefits$4,359$581$387$5,327
Office Expenses$4,606--$4,606
Information Technology$3,058$717-$3,775
Fees for Services Accounting$2,835$665-$3,500
Travel$1,599$248-$1,847
Advertising$1,014$58-$1,072
Fees for Services Legal$185--$185
Conferences and Meetings$100--$100
Total Functional Expenses$380,921$50,719$5,780$437,420

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$460,598
Expenses per Audited Statements$437,420
Total Expenses per Form 990$437,420
Expenses Not Reported on Form 990$23,178
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,897
Fundraising Direct Expenses$7,048
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$1,715
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The board treasurer represents the board and compares the 990 to the audited financial statements and obtains board approval before it is filed

Conflict of interest policy compliance Part VI line 12C

Board members disclose any conflicts on an annual basis and abstain from voting in instances where a conflict of interest may occur

CEO executive director top management comp Part VI line 15A

The executive committee of the board determines compensation of the executive director using comparable data and several outside compensation studies in determining the salary amount

Other officer or key employee compensation Part VI line 15B

Executive director recommends employee salary and wage rates that are approved by the executive committee

Governing documents etc available to public Part VI line 19

Governing documents are available upon written request

Filing and Contact Details

Filer

Filer Name
Lenawee Emergency and Affordable Housing Corp
EIN
38-3091170
Address
PO BOX 692, ADRIAN, MI 49221
Doing Business As
Housing Help of Lenawee

Signing Officer

Name
Nicholas Vanover
Title
Treasurer
Phone
5172640782
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Noe
Formed
1991
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
9
Volunteers
36

Preparer

Firm
Meredith Francis CPA PC
Address
PO Box 384, Adrian, MI 49221
Preparer
Meredith A Francis
Phone
5179453312
Supplemental Narrative

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

Special events expenses included in revenue

Other expenses not included on Form 990 (Part XII, line 2D)

Special events expenses included in revenue

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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0to advance housing stability and affordable opportunities for low income people especially those in crisis or at risk individuals and families within Lenawee County
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/ManagementAndGeneralAmt01653
IRS990/OccupancyGrp/ProgramServicesAmt016445
IRS990/OccupancyGrp/TotalAmt018098
IRS990/OfficeExpensesGrp/ProgramServicesAmt04606
IRS990/OfficeExpensesGrp/TotalAmt04606
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0387
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IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Repairs and maintenance
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1378
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23559
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IRS990/OtherExpensesGrp/ProgramServicesAmt11611
IRS990/OtherExpensesGrp/ProgramServicesAmt221120
IRS990/OtherExpensesGrp/ProgramServicesAmt32300
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IRS990/OtherExpensesGrp/TotalAmt11989
IRS990/OtherExpensesGrp/TotalAmt224679
IRS990/OtherExpensesGrp/TotalAmt310231
IRS990/OtherLiabilitiesGrp/BOYAmt02838
IRS990/OtherLiabilitiesGrp/EOYAmt01715
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04769
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025349
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0170098
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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0592
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02138
IRS990/PayrollTaxesGrp/ProgramServicesAmt014810
IRS990/PayrollTaxesGrp/TotalAmt017540
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02382
IRS990/PrincipalOfficerNm0Charles Noe
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
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IRS990/ProgramServiceRevenueGrp/Desc1EMERGENCY HOUSING
IRS990/ProgramServiceRevenueGrp/Desc2LHDC PROPERTY MGMT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136632
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217295
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136632
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217295
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt027774
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036632
IRS990/ProgSrvcAccomActy3Grp/Desc0provide transitional housing and support services to low and moderate income families
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt059710
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018870
IRS990/ProgSrvcAccomActyOtherGrp/Desc0provide support services to individuals to allow them to gain access to habitable permanent housing or maintain current living situations
IRS990/ProgSrvcAccomActyOtherGrp/Desc1property management for a permanent supportive housing apartment building
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt022037
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt111527
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYInvestmentIncomeAmt088
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IRS990/PYTotalExpensesAmt0401359
IRS990/PYTotalRevenueAmt0383075
IRS990/ReconcilationRevenueExpnssAmt0-2581
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0307132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0376708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0402910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0376421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01769062
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0104
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01475
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01769062
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0305891
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0376708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0402910
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0376421
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IRS990ScheduleA/TotalSupportAmt01770537
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0244555
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt016130
IRS990ScheduleD/DonatedServicesUseFcltsAmt016130
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019517
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt019517

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.02$0.72$1.03$0.95$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.04$0.64$1.25$1.23$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.09$0.62$5.10$5.13$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$1.97$0.66$2.84$2.79$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.05$0.62$0.55$0.51$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.01$0.58$0.50$0.48$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.01$0.53$0.47$0.45$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.01$0.50$0.42$0.42$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.43$0.44$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.01$0.50$0.38$0.40$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$0.46$0.47$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.02$0.53$0.49$0.45$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.02$0.48$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.01$0.48$0.59