Civic Intelligence

Northern Homes Community Development Corporation

990 • Fiscal year 2013 • EIN 38-3395829

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

Organization ProfileWWW.NORTHERNHOMES.ORG
PO Box 86 1048 E Main StreetBoyne City, MI 49712

(231) 582-6244

Siviq Scores

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

Liabilities / Assets

84th percentile

0.68x

Higher debt load relative to assets than 84% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

89th percentile

2.10x

Higher debt load relative to revenue than 89% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

62nd percentile

$75,830

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$1,378,588

Down $153,570 (-10%) from 2012

Net Assets

Down

$441,718

Down $112,055 (-20%) from 2012

Liabilities

Down

$936,870

Down $41,515 (-4.2%) from 2012

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin17th percentile

Revenue

$446,912

No earlier filing loaded for comparison.

Expenses

Down

$512,404

Down $28,172 (-5.2%) from 2012

Net Income

-$65,492

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,625,426Liabilities 2010: $982,055Net Assets 2010: $643,3712010Assets 2011: $1,442,713Liabilities 2011: $948,118Net Assets 2011: $494,5952011Assets 2012: $1,532,158Liabilities 2012: $978,385Net Assets 2012: $553,7732012Assets 2013: $1,378,588Liabilities 2013: $936,870Net Assets 2013: $441,7182013Assets 2014: $1,607,571Liabilities 2014: $1,093,893Net Assets 2014: $513,6782014Assets 2015: $1,952,797Liabilities 2015: $1,103,393Net Assets 2015: $849,4042015Assets 2016: $2,152,822Liabilities 2016: $1,074,326Net Assets 2016: $1,078,4962016Assets 2017: $2,305,329Liabilities 2017: $1,011,409Net Assets 2017: $1,293,9202017Assets 2018: $2,365,042Liabilities 2018: $1,204,701Net Assets 2018: $1,160,3412018Assets 2019: $3,109,113Liabilities 2019: $1,490,648Net Assets 2019: $1,618,4652019Assets 2020: $3,044,401Liabilities 2020: $1,614,465Net Assets 2020: $1,429,9362020Assets 2021: $4,359,546Liabilities 2021: $2,275,040Net Assets 2021: $2,084,5062021Assets 2022: $5,128,943Liabilities 2022: $2,876,383Net Assets 2022: $2,252,5602022Assets 2023: $5,333,546Liabilities 2023: $3,053,269Net Assets 2023: $2,280,2772023Assets 2024: $5,485,121Liabilities 2024: $3,112,862Net Assets 2024: $2,372,2592024

Highlighted filing

2013

Assets$1,378,588
Liabilities$936,870
Net Assets$441,718
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $319,7492010Expenses 2011: $603,7442011Expenses 2012: $540,5762012Revenue 2013: $446,912Expenses 2013: $512,404Net Income 2013: -$65,4922013Revenue 2014: $657,212Expenses 2014: $585,252Net Income 2014: $71,9602014Revenue 2015: $904,459Expenses 2015: $548,733Net Income 2015: $355,7262015Revenue 2016: $969,143Expenses 2016: $777,087Net Income 2016: $192,0562016Revenue 2017: $483,023Expenses 2017: $614,023Net Income 2017: -$131,0002017Revenue 2018: $550,701Expenses 2018: $507,765Net Income 2018: $42,9362018Revenue 2019: $940,858Expenses 2019: $602,073Net Income 2019: $338,7852019Revenue 2020: $905,904Expenses 2020: $633,739Net Income 2020: $272,1652020Revenue 2021: $1,524,344Expenses 2021: $651,089Net Income 2021: $873,2552021Revenue 2022: $1,069,277Expenses 2022: $930,755Net Income 2022: $138,5222022Revenue 2023: $1,647,392Expenses 2023: $1,619,675Net Income 2023: $27,7172023Revenue 2024: $963,046Expenses 2024: $871,064Net Income 2024: $91,9822024

Highlighted filing

2013

Revenue$446,912
Expenses$512,404
Net Income-$65,492
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.1
Gross Receipts
$446,912
Mission and Program Overview

Mission

Create housing for low income individuals in six county area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,201,071$1,059,437▼ $141,634
Accounts Receivable$127,872$121,559▼ $6,313
Cash and Non-Interest-Bearing Accounts$72,419$57,248▼ $15,171
Intangible Assets$10,702$10,311▼ $391
Prepaid Expenses and Deferred Charges$9,505$9,461▼ $44
Total Assets$1,532,158$1,378,588▼ $153,570
Other Assets Total$110,589$120,572▲ $9,983
Liabilities
Mortgage Notes Payable Secured by Investment Property$738,233$727,704▼ $10,529
Other Liabilities$152,386$170,298▲ $17,912
Accounts Payable and Accrued Expenses$57,086$36,354▼ $20,732
Unsecured Notes Loans Payable$30,000--
Deferred Revenue$680$2,514▲ $1,834
Total Liabilities$978,385$936,870▼ $41,515
Net Assets / Fund Balance
Temporarily Rstr Net Assets$282,851$282,851→ $0
Unrestricted Net Assets$270,922$158,867▼ $112,055
Total Net Assets Fund Balance$553,773$441,718▼ $112,055
Total Liabilities and Net Assets / Fund Balance$1,532,158$1,378,588▼ $153,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$627,420$67,362$694,782
Land$407,034-$407,034
Equipment$24,983$24,259$49,242
Other Assets Org$4,621--
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane MackenzieExecutive DiFT$54,375$21,455$75,830

Board Members and Trustees

NameTitle
Jan BassettPresident
Bridget Brown PowersDirector
Bryan GillettDirector
David WhiteDirector
Janis KelloggDirector
Kevin Makarewicz PeDirector
Mel MatchettDirector
Roger RoyerDirector
Shar GraweyDirector
Tom JohnsonSecretary
Sue ClearyTreasurer
Rick AndersonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$199,883
Program Service Revenue
$246,895
Investment Income
$134
Other Revenue
$0
All Other Contributions
$38,415
Change in Net Assets
$-65,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$446,912
Total Revenue per Audited Statements
$446,912
Total Revenue per Form 990
$446,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$351,158
Salaries, Compensation, and Employee Benefits$161,246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$98,759$2,656-$101,415
Other Salaries and Wages$62,019--$62,019
Current Officers, Directors, Trustees, and Key Employees$49,405$4,970-$54,375
Interest$33,745$5,423-$39,168
Other Employee Benefits$30,632$4,531-$35,163
Insurance$23,993$3,205-$27,198
Depreciation Depletion$24,663--$24,663
Fees for Services Accounting$3,083$8,109-$11,192
Travel$9,101$2,064-$11,165
Payroll Taxes$9,276$413-$9,689
All Other Expenses$6,327$3,322-$9,649
Other Expenses$2,422$6,225-$6,225
Advertising$5,517$539-$6,056
Fees for Services Other$6,000--$6,000
Conferences and Meetings$3,916$60-$3,976
Office Expenses$685$221-$906
Total Functional Expenses$466,354$46,050$0$512,404

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$512,404
Total Expenses per Audited Statements$512,404
Total Expenses per Form 990$512,404
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mshda Repayable Land Acquisition Gra$155,916
Cobble Creek Security Deposits$9,798
Compensated Absences$4,584
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“There is a management agreement with kmg prestige, inc. To manage the cobble creek i apartments as an agent of northern homes cdc.”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the executive director and a copy provided to the board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Conflicts of interest are discussed at annual meeting and as new contracts are approved.”

Form 990, Page 6, Part VI, Line 15A

“Annual performance review is performed for the executive director and any salary increases are voted on and authorized by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Performance reviews are performed annually by the executive director and any salary increases are voted upon by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are made available to the public upon request of the organization.”

Filing and Contact Details

Filer

EIN
38-3395829
Phone
2315826244

Signing Officer

Name
Jane Mackenzie
Title
Executive Director
Phone
2315826244
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Preparer
Amber Mack CPA
Phone
9064955952
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Housing rehabilitation project grants through mshda and other projects (ground lease, bridge street, east jordan senior project).”

Raw XML AppendixShowing 400 of 468 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt057086
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036354
IRS990/AccountsReceivableGrp/BOYAmt0127872
IRS990/AccountsReceivableGrp/EOYAmt0121559
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0539
IRS990/AdvertisingGrp/ProgramServicesAmt05517
IRS990/AdvertisingGrp/TotalAmt06056
IRS990/AllOtherContributionsAmt038415
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03322
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06327
IRS990/AllOtherExpensesGrp/TotalAmt09649
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JANE MACKENZIE
IRS990/BooksInCareOfDetail/PhoneNum02315826496
IRS990/BooksInCareOfDetail/USAddress/AddressLine101048 E MAIN ST
IRS990/BooksInCareOfDetail/USAddress/City0BOYNE CITY
IRS990/BooksInCareOfDetail/USAddress/State0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode049712
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt072419
IRS990/CashNonInterestBearingGrp/EOYAmt057248
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04970
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt049405
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt054375
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt060
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03916
IRS990/ConferencesMeetingsGrp/TotalAmt03976
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0199883
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0134
IRS990/CYOtherExpensesAmt0351158
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0246895
IRS990/CYRevenuesLessExpensesAmt0-65492
IRS990/CYSalariesCompEmpBnftPaidAmt0161246
IRS990/CYTotalExpensesAmt0512404
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0446912
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0680
IRS990/DeferredRevenueGrp/EOYAmt02514
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt024663
IRS990/DepreciationDepletionGrp/TotalAmt024663
IRS990/Desc0FINANCIAL COUNSELING FOR LOW-INCOME FAMILIES IN A NINE COUNTY AREA IN NORTHERN MICHIGAN. SERVED 128 HOUSEHOLDS DURING 2013.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt088708
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08109
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03083
IRS990/FeesForServicesAccountingGrp/TotalAmt011192
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06000
IRS990/FeesForServicesOtherGrp/TotalAmt06000
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1221455
IRS990/Form990PartVIISectionAGrp/PersonNm0RICK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1SUE CLEARY
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAR GRAWEY
IRS990/Form990PartVIISectionAGrp/PersonNm4JANIS KELLOGG
IRS990/Form990PartVIISectionAGrp/PersonNm5ROGER ROYER
IRS990/Form990PartVIISectionAGrp/PersonNm6MEL MATCHETT
IRS990/Form990PartVIISectionAGrp/PersonNm7JAN BASSETT
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm9BRIDGET BROWN POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRYAN GILLETT
IRS990/Form990PartVIISectionAGrp/PersonNm11KEVIN MAKAREWICZ PE
IRS990/Form990PartVIISectionAGrp/PersonNm12JANE MACKENZIE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1254375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0161468
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0446912
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03205
IRS990/InsuranceGrp/ProgramServicesAmt023993
IRS990/InsuranceGrp/TotalAmt027198
IRS990/IntangibleAssetsGrp/BOYAmt010702
IRS990/IntangibleAssetsGrp/EOYAmt010311
IRS990/InterestGrp/ManagementAndGeneralAmt05423
IRS990/InterestGrp/ProgramServicesAmt033745
IRS990/InterestGrp/TotalAmt039168
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0134
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0134
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt091621
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01201071
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01059437
IRS990/LandBldgEquipCostOrOtherBssAmt01151058
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0738233
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0727704
IRS990/NetAssetsOrFundBalancesBOYAmt0553773
IRS990/NetAssetsOrFundBalancesEOYAmt0441718
IRS990/NoncashContributionsAmt023625
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02656
IRS990/OccupancyGrp/ProgramServicesAmt098759
IRS990/OccupancyGrp/TotalAmt0101415
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0221
IRS990/OfficeExpensesGrp/ProgramServicesAmt0685
IRS990/OfficeExpensesGrp/TotalAmt0906
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0110589
IRS990/OtherAssetsTotalGrp/EOYAmt0120572
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04531
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030632
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035163
IRS990/OtherExpensesGrp/Desc0OTHER ADMIN
IRS990/OtherExpensesGrp/Desc1REHABILITATION COSTS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISC.
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04312
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16225
IRS990/OtherExpensesGrp/ProgramServicesAmt066226
IRS990/OtherExpensesGrp/ProgramServicesAmt130585
IRS990/OtherExpensesGrp/ProgramServicesAmt22422
IRS990/OtherExpensesGrp/TotalAmt066226
IRS990/OtherExpensesGrp/TotalAmt130585
IRS990/OtherExpensesGrp/TotalAmt26734
IRS990/OtherExpensesGrp/TotalAmt36225
IRS990/OtherLiabilitiesGrp/BOYAmt0152386
IRS990/OtherLiabilitiesGrp/EOYAmt0170298
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062019
IRS990/OtherSalariesAndWagesGrp/TotalAmt062019
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0413
IRS990/PayrollTaxesGrp/ProgramServicesAmt09276
IRS990/PayrollTaxesGrp/TotalAmt09689
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09505
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09461
IRS990/PriorPeriodAdjustmentsAmt0-46563
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COBBLE CREEK RENTS
IRS990/ProgramServiceRevenueGrp/Desc1SITE MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2COUNSELING FEES
IRS990/ProgramServiceRevenueGrp/Desc3GROUND LEASE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186995
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35400
IRS990/ProgSrvcAccomActy2Grp/Desc0COBBLE CREEK I APARTMENTS- DEVELOPED UNDER THE USDA RD 515 PROGRAM. APARTMENTS ARE RENTED TO LOW INCOME HOUSEHOLDS AND HAVE ADDITIONAL PROJECT BASED RENTAL ASSISTANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0247251
IRS990/ProgSrvcAccomActy3Grp/Desc0ADMINISTRATION OF APARTMENT MANAGEMENT FOR BELLAIRE SENIOR AND MAPLE VILLAGE APARTMENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt038971
IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOUSING REHABILITATION PROJECT GRANTS THROUGH MSHDA AND OTHER PROJECTS (GROUND LEASE, BRIDGE STREET, EAST JORDAN SENIOR PROJECT).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt091424
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0349980
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0153
IRS990/PYOtherExpensesAmt0399755
IRS990/PYProgramServiceRevenueAmt0249621
IRS990/PYRevenuesLessExpensesAmt059178
IRS990/PYSalariesCompEmpBnftPaidAmt0140821
IRS990/PYTotalExpensesAmt0540576
IRS990/PYTotalRevenueAmt0599754
IRS990/ReconcilationRevenueExpnssAmt0-65492
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER INCOME 1,074,858
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0152129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0292938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0295481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt090921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0402585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01234054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0153
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0580
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0247029
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0306641
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0306816
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0322169
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0139232
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01074858
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53430
IRS990ScheduleA/PublicSupportPY170Pct00.61390
IRS990ScheduleA/PublicSupportTotal170Amt01234054
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0152129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0292938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0295481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt090921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0402585
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01234054
IRS990ScheduleA/TotalSupportAmt02309492
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0627420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt067362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0694782
IRS990ScheduleD/EquipmentGrp/BookValueAmt024983
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024259
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049242
IRS990ScheduleD/ExpensesSubtotalAmt0512404
IRS990ScheduleD/LandGrp/BookValueAmt0407034
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0407034
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt093766
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112387
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt29798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt34621
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CIP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR TAXES & INS.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0155916
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MSHDA REPAYABLE LAND ACQUISITION GRA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COBBLE CREEK SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2COMPENSATED ABSENCES
IRS990ScheduleD/RevenueSubtotalAmt0446912
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01059437
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0120572
IRS990ScheduleD/TotalExpensesPerForm990Amt0512404
IRS990ScheduleD/TotalLiabilityAmt0170298
IRS990ScheduleD/TotalRevenuePerForm990Amt0446912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0446912
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0512404
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOUSING REHABILITATION PROJECT GRANTS THROUGH MSHDA AND OTHER PROJECTS (GROUND LEASE, BRIDGE STREET, EAST JORDAN SENIOR PROJECT).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS A MANAGEMENT AGREEMENT WITH KMG PRESTIGE, INC. TO MANAGE THE COBBLE CREEK I APARTMENTS AS AN AGENT OF NORTHERN HOMES CDC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A COPY PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE DISCUSSED AT ANNUAL MEETING AND AS NEW CONTRACTS ARE APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL PERFORMANCE REVIEW IS PERFORMED FOR THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED ON AND AUTHORIZED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY BY THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED UPON BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0282851
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0282851
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01532158
IRS990/TotalAssetsEOYAmt01378588

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,378,588
Liabilities
$936,870
Net assets
$441,718
Revenue
$446,912
Expenses
$512,404
Net income
-$65,492
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.49$3.11$2.37$0.96$0.87$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$3.05$2.28$1.65$1.62$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$2.88$2.25$1.07$0.93$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$2.28$2.08$1.52$0.65$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$1.61$1.43$0.91$0.63$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$1.49$1.62$0.94$0.60$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$1.20$1.16$0.55$0.51$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$1.01$1.29$0.48$0.61$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$1.07$1.08$0.97$0.78$0.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$1.10$0.85$0.90$0.55$0.36
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$1.09$0.51$0.66$0.59$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.38$0.94$0.44$0.45$0.51$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.98$0.55$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.95$0.49$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.98$0.64$0.32