Civic Intelligence

Northern Homes Community Development Corporation

990 • Fiscal year 2019 • EIN 38-3395829

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 13, 2020

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

81st percentile

0.48x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

1.58x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$59,154

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

86th percentile

31%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

71%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$3,109,113

Up $744,071 (+31%) from 2018

Net Assets

Up

$1,618,465

Up $458,124 (+39%) from 2018

Liabilities

Up

$1,490,648

Up $285,947 (+24%) from 2018

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin87th percentile

Revenue

Up

$940,858

Up $390,157 (+71%) from 2018

Expenses

Up

$602,073

Up $94,308 (+19%) from 2018

Net Income

Up

$338,785

Up $295,849 (+689%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth86th 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

2019

Assets$3,109,113
Liabilities$1,490,648
Net Assets$1,618,465
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

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

2019

Revenue$940,858
Expenses$602,073
Net Income$338,785
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,129,999
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$1,681,335$2,300,932▲ $619,597
Investments Other Securities$186,157$186,151▼ $6
Other Notes and Loans Receivable, Net$82,200$82,200→ $0
Savings and Temporary Cash Investments$3,034$77,945▲ $74,911
Pledges and Grants Receivable$52,256$72,062▲ $19,806
Accounts Receivable$17,133$22,729▲ $5,596
Prepaid Expenses and Deferred Charges$10,314$13,091▲ $2,777
Intangible Assets$8,354$8,679▲ $325
Cash and Non-Interest-Bearing Accounts$52,146$7,208▼ $44,938
Total Assets$2,365,042$3,109,113▲ $744,071
Other Assets Total$272,113$338,116▲ $66,003
Liabilities
Mortgage Notes Payable Secured by Investment Property$937,446$1,139,170▲ $201,724
Other Liabilities$208,951$238,266▲ $29,315
Accounts Payable and Accrued Expenses$39,108$110,889▲ $71,781
Deferred Revenue$19,196$2,323▼ $16,873
Total Liabilities$1,204,701$1,490,648▲ $285,947
Net Assets / Fund Balance
Net Assets With Donor Restrictions$276,485$1,614,769▲ $1,338,284
Net Assets Without Donor Restrictions$883,856$3,696▼ $880,160
Total Net Assets Fund Balance$1,160,341$1,618,465▲ $458,124
Total Liabilities and Net Assets / Fund Balance$2,365,042$3,109,113▲ $744,071

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,854,370$242,947$2,097,317
Land$424,714-$424,714
Equipment$21,848$45,362$67,210
Other Assets Org$819--
Closely Held Equity Interests$186,151--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jane MackenzieExecutive DiFT$59,154$59,154

Board Members and Trustees

NameTitle
Rick AndersonPresident
Caroline KennedyDirector
Laurie JamisonDirector
Mel MatchettDirector
Tom JohnsonDirector
Sue ClearySecretary
Shannon FenderTreasurer
David WhiteVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$665,398
Program Service Revenue
$359,373
Investment Income
$-83,913
Other Revenue
$0
All Other Contributions
$17,679
Change in Net Assets
$338,785

Audited Revenue Reconciliation

Revenue per Audited Statements
$940,858
Revenue Not Reported on Form 990
$86,821
Total Revenue per Audited Statements
$1,027,679
Total Revenue per Form 990
$940,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$347,436
Salaries, Compensation, and Employee Benefits$254,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$131,171$12,366-$143,537
Other Salaries and Wages$123,238$614-$123,852
Current Officers, Directors, Trustees, and Key Employees$48,506$10,648-$59,154
Other Employee Benefits$52,179$3,539-$55,718
Depreciation Depletion$39,247$4,018-$43,265
Interest$30,618$9,754-$40,372
Fees for Services Accounting$4,750$18,347-$23,097
Fees for Services Management$19,344--$19,344
Payroll Taxes$14,441$1,472-$15,913
Travel$6,377$4,726-$11,103
Fees for Services Other$10,424$523-$10,947
Fees for Services Legal$9,923$45-$9,968
All Other Expenses$4,211$1,041-$5,252
Other Expenses$1,313$2,490-$3,803
Conferences and Meetings$2,463$155-$2,618
Advertising$60$737-$797
Office Expenses$26$373-$399
Total Functional Expenses$514,333$87,740$0$602,073

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$688,894
Expenses per Audited Statements$602,073
Total Expenses per Form 990$602,073
Expenses Not Reported on Form 990$86,821
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$143,215
Lines of Credit$69,871
Security Deposits$17,694
Compensated Absences$7,486
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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

Filer Name
Northern Homes Community
EIN
38-3395829
Phone
2315826244
Address
PO BOX 86 1048 E MAIN STREET, BOYNE CITY, MI 49712

Signing Officer

Name
Jane Mackenzie
Title
Executive Director
Phone
2315826244
Signed
2020-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Mackenzie
Formed
1998
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Andersontackman & Company Plc
Address
16978 S RILEY AVE, KINCHELOE, MI 49788
Preparer
Amber Mack CPA
Phone
9064955952
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Loss on sale of assets 86,821 loss on sale of assets -86,821 investment in subsidiaries 0”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Loss on sale of assets 86,821”

Schedule D, Page 4, Part XII, Line 2D

“Loss on sale of assets 86,821”

Raw XML AppendixShowing 400 of 490 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/BOYAmt039108
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110889
IRS990/AccountsReceivableGrp/BOYAmt017133
IRS990/AccountsReceivableGrp/EOYAmt022729
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0737
IRS990/AdvertisingGrp/ProgramServicesAmt060
IRS990/AdvertisingGrp/TotalAmt0797
IRS990/AllOtherContributionsAmt017679
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01041
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04211
IRS990/AllOtherExpensesGrp/TotalAmt05252
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JANE MACKENZIE
IRS990/BooksInCareOfDetail/PhoneNum02315826496
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01048 E MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOYNE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049712
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt052146
IRS990/CashNonInterestBearingGrp/EOYAmt07208
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010648
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt048506
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt059154
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0155
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02463
IRS990/ConferencesMeetingsGrp/TotalAmt02618
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0665398
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-83913
IRS990/CYOtherExpensesAmt0347436
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0359373
IRS990/CYRevenuesLessExpensesAmt0338785
IRS990/CYSalariesCompEmpBnftPaidAmt0254637
IRS990/CYTotalExpensesAmt0602073
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0940858
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt019196
IRS990/DeferredRevenueGrp/EOYAmt02323
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04018
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039247
IRS990/DepreciationDepletionGrp/TotalAmt043265
IRS990/Desc0DEVELOPMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0276485
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01614769
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0110420
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018347
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04750
IRS990/FeesForServicesAccountingGrp/TotalAmt023097
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt045
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09923
IRS990/FeesForServicesLegalGrp/TotalAmt09968
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt019344
IRS990/FeesForServicesManagementGrp/TotalAmt019344
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0523
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010424
IRS990/FeesForServicesOtherGrp/TotalAmt010947
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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/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/PersonNm0JANE MACKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm1RICK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2SUE CLEARY
IRS990/Form990PartVIISectionAGrp/PersonNm3SHANNON FENDER
IRS990/Form990PartVIISectionAGrp/PersonNm4LAURIE JAMISON
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6CAROLINE KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm7MEL MATCHETT
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID WHITE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt059154
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/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/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE-PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-86821
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0647719
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0102320
IRS990/GrossReceiptsAmt01129999
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt08354
IRS990/IntangibleAssetsGrp/EOYAmt08679
IRS990/InterestGrp/ManagementAndGeneralAmt09754
IRS990/InterestGrp/ProgramServicesAmt030618
IRS990/InterestGrp/TotalAmt040372
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02908
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02908
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0186157
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0186151
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0288309
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01681335
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02300932
IRS990/LandBldgEquipCostOrOtherBssAmt02589241
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0189141
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/BOYAmt0937446
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01139170
IRS990/NetAssetsOrFundBalancesBOYAmt01160341
IRS990/NetAssetsOrFundBalancesEOYAmt01618465
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-86821
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-86821
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0883856
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03696
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt012366
IRS990/OccupancyGrp/ProgramServicesAmt0131171
IRS990/OccupancyGrp/TotalAmt0143537
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0373
IRS990/OfficeExpensesGrp/ProgramServicesAmt026
IRS990/OfficeExpensesGrp/TotalAmt0399
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0272113
IRS990/OtherAssetsTotalGrp/EOYAmt0338116
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03539
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt052179
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055718
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2OPERATING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14594
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22490
IRS990/OtherExpensesGrp/ProgramServicesAmt03694
IRS990/OtherExpensesGrp/ProgramServicesAmt15702
IRS990/OtherExpensesGrp/ProgramServicesAmt26646
IRS990/OtherExpensesGrp/ProgramServicesAmt31313
IRS990/OtherExpensesGrp/TotalAmt015992
IRS990/OtherExpensesGrp/TotalAmt110296
IRS990/OtherExpensesGrp/TotalAmt26646
IRS990/OtherExpensesGrp/TotalAmt33803
IRS990/OtherLiabilitiesGrp/BOYAmt0208951
IRS990/OtherLiabilitiesGrp/EOYAmt0238266
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0614
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0123238
IRS990/OtherSalariesAndWagesGrp/TotalAmt0123852
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt082200
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt082200
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01472
IRS990/PayrollTaxesGrp/ProgramServicesAmt014441
IRS990/PayrollTaxesGrp/TotalAmt015913
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052256
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt072062
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010314
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013091
IRS990/PrincipalOfficerNm0JANE MACKENZIE
IRS990/PriorPeriodAdjustmentsAmt0119339
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTS/OTHER
IRS990/ProgramServiceRevenueGrp/Desc1SITE MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2GROUND LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LOAN PROCESSING
IRS990/ProgramServiceRevenueGrp/Desc4FINANCIAL COUNSELING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0295149
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155221
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41153
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0295149
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155221
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41153
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGEMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0362124
IRS990/ProgSrvcAccomActy3Grp/Desc0HOMEBUYER EDUCATION AND FINANCIAL COUNSELING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041789
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0140867
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0123
IRS990/PYOtherExpensesAmt0269934
IRS990/PYProgramServiceRevenueAmt0409711
IRS990/PYRevenuesLessExpensesAmt042936
IRS990/PYSalariesCompEmpBnftPaidAmt0237831
IRS990/PYTotalExpensesAmt0507765
IRS990/PYTotalRevenueAmt0550701
IRS990/ReconcilationRevenueExpnssAmt0338785
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03034
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077945
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 524,033
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0665398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0142130
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0607961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0598660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02155016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0303607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0255945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0221638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0211321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0207265
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01199776
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019933
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt055221
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0148420
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0109899
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0113997
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt096496
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0524033
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55560
IRS990ScheduleA/PublicSupportPY170Pct00.64790
IRS990ScheduleA/PublicSupportTotal170Amt02155016
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0665398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0142130
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0607961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0598660
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02155016
IRS990ScheduleA/TotalSupportAmt03878825
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01854370
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0242947
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02097317
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0186151
IRS990ScheduleD/EquipmentGrp/BookValueAmt021848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067210
IRS990ScheduleD/ExpensesNotReportedAmt086821
IRS990ScheduleD/ExpensesSubtotalAmt0602073
IRS990ScheduleD/LandGrp/BookValueAmt0424714
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0424714
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0172837
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt186866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt250433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt317694
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt47467
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt52000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6819
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESERVE FOR TAXES & INS.
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6OTHER ESCROW
IRS990ScheduleD/OtherExpensesIncludedAmt086821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0143215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt169871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt217694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt37486
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MSHDA REPAYABLE LAND ACQUISITION GRA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINES OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3COMPENSATED ABSENCES
IRS990ScheduleD/OtherRevenueAmt086821
IRS990ScheduleD/RevenueNotReportedAmt086821
IRS990ScheduleD/RevenueSubtotalAmt0940858
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON SALE OF ASSETS 86,821
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF ASSETS 86,821
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02300932
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0338116
IRS990ScheduleD/TotalBookValueSecuritiesAmt0186151
IRS990ScheduleD/TotalExpensesPerForm990Amt0602073
IRS990ScheduleD/TotalLiabilityAmt0238266
IRS990ScheduleD/TotalRevenuePerForm990Amt0940858
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01027679
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0688894
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS A MANAGEMENT AGREEMENT WITH KMG PRESTIGE, INC. TO MANAGE THE COBBLE CREEK I APARTMENTS AS AN AGENT OF NORTHERN HOMES CDC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A COPY PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE DISCUSSED AT ANNUAL MEETING AND AS NEW CONTRACTS ARE APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL PERFORMANCE REVIEW IS PERFORMED FOR THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED ON AND AUTHORIZED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY BY THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED UPON BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOSS ON SALE OF ASSETS 86,821 LOSS ON SALE OF ASSETS -86,821 INVESTMENT IN SUBSIDIARIES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,109,113
Liabilities
$1,490,648
Net assets
$1,618,465
Revenue
$940,858
Expenses
$602,073
Net income
$338,785
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
2019Detailed filing. Detailed filing data is available for this year.$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
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits