Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
EIN 38-3109257 • 501(c)3 • Escanaba, MI
Profile
Provide housing to elderly individuals.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Down$362,139
Down $18,879 (-5.0%) from 2024
Liabilities
Down$628,706
Down $10,979 (-1.7%) from 2024
Net Assets
Down-$266,567
Down $7,900 (-3.1%) from 2024
Revenue
Up$208,305
Up $22,974 (+12%) from 2024
Expenses
Up$216,205
Up $17,244 (+8.7%) from 2024
Net Income
Up-$7,900
Up $5,730 (+42%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Provide housing to elderly individuals.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $328,797 | $298,994 | ▼ $29,803 |
| Cash and Non-Interest-Bearing Accounts | $48,346 | $33,360 | ▼ $14,986 |
| Savings and Temporary Cash Investments | - | $24,635 | - |
| Prepaid Expenses and Deferred Charges | $3,875 | $4,889 | ▲ $1,014 |
| Accounts Receivable | - | $261 | - |
| Total Assets | $381,018 | $362,139 | ▼ $18,879 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $603,963 | $592,177 | ▼ $11,786 |
| Accounts Payable and Accrued Expenses | $23,194 | $23,870 | ▲ $676 |
| Other Liabilities | $12,528 | $12,659 | ▲ $131 |
| Total Liabilities | $639,685 | $628,706 | ▼ $10,979 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-258,667 | $-266,567 | ▼ $7,900 |
| Total Net Assets Fund Balance | $-258,667 | $-266,567 | ▼ $7,900 |
| Total Liabilities and Net Assets / Fund Balance | $381,018 | $362,139 | ▼ $18,879 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $183,357 | $531,322 | $714,679 |
| Leasehold Improvements | $100,174 | $85,836 | $186,010 |
| Equipment | $4,913 | $54,167 | $59,080 |
| Land | $10,550 | - | $10,550 |
| Name | Title |
|---|---|
| Terry Spence | President |
| Tom Pearman | Vice President |
| Debbie Tanguay | Member |
| Greg Vargo | Member |
| Marvin Pollard | Member |
| Sandy Peroceschi | Member |
| Chris Spence | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $183,807 |
| Salaries, Compensation, and Employee Benefits | $32,398 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $74,817 | - | - | $74,817 |
| Interest | $36,351 | - | - | $36,351 |
| Depreciation Depletion | $34,573 | - | - | $34,573 |
| Fees for Services Management | - | $20,468 | - | $20,468 |
| Other Salaries and Wages | $20,435 | - | - | $20,435 |
| Insurance | $9,542 | - | - | $9,542 |
| Other Employee Benefits | $9,277 | - | - | $9,277 |
| Fees for Services Accounting | - | $2,782 | - | $2,782 |
| Travel | $2,573 | - | - | $2,573 |
| Fees for Services Legal | - | $1,500 | - | $1,500 |
| Payroll Taxes | $1,406 | - | - | $1,406 |
| Pension Plan Contributions | $1,280 | - | - | $1,280 |
| Office Expenses | $1,201 | - | - | $1,201 |
| Total Functional Expenses | $191,455 | $24,750 | $0 | $216,205 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $10,690 |
| Banked Leave Payable | $1,969 |
“The organization has contracted with a management company to provide services, oversight, and staffing for the facility.”
“The corporation has one class of members.”
“The board is elected at an annual meeting of the members.”
“Each member shall be entitled to one vote on each matter submitted to a vote of the members.”
“The 990 is reviewed and after any questions are addressed with the cpa firm, the return is approved for filing.”
“Documents are made available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 54167 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 59080 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 10550 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 10550 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 100174 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 85836 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 186010 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1969 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 10690 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | BANKED LEAVE PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 298994 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 12659 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS CONTRACTED WITH A MANAGEMENT COMPANY TO PROVIDE SERVICES, OVERSIGHT, AND STAFFING FOR THE FACILITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CORPORATION HAS ONE CLASS OF MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD IS ELECTED AT AN ANNUAL MEETING OF THE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE 990 IS REVIEWED AND AFTER ANY QUESTIONS ARE ADDRESSED WITH THE CPA FIRM, THE RETURN IS APPROVED FOR FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 362139 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 362139 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 112087 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 24750 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 191455 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 216205 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 639685 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 628706 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 639685 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 628706 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -258667 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -266567 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 191455 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 96093 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 125 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 96093 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 208305 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 362139 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 2573 |
| IRS990/TravelGrp/TotalAmt | 0 | 2573 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | C/O UPCAP SERVICES INC PO BOX 606 |
| IRS990/USAddress/CityNm | 0 | ESCANABA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 49829 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TERRY SPENCE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9067864701 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-03-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NORWAY AREA NON-PROFIT HOUSING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NORW |
| ReturnHeader/Filer/EIN | 0 | 383109257 |
| ReturnHeader/Filer/PhoneNum | 0 | 9067864701 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO UPCAP SERVICES INC PO BOX 606 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ESCANABA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49829 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382157642 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MANER COSTERISAN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2425 E GRAND RIVER SUITE 1 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LANSING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 489123291 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5173237500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-03-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMBER RATHBUN CPA |
| ReturnHeader/ReturnTs | 0 | 2026-03-20T08:46:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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