Civic Intelligence

Kadima Nonprofit Housing Corporation

EIN 61-2020952 • 501(c)3 • Southfield, MI

Profile

Provide residential housing and related services to people with mental health challenges.

29699 Southfield RoadSouthfield, MI 48076

www.geshermi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

54th percentile

0.18x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$243,512

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 44.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

31st percentile

-1.3%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

69th percentile

21%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$5,224,744

Down $68,017 (-1.3%) from 2024

Liabilities

Up

$100,191

Up $6,987 (+7.5%) from 2024

Net Assets

Down

$5,124,553

Down $75,004 (-1.4%) from 2024

Revenue

Up

$546,151

Up $93,546 (+21%) from 2024

Expenses

Down

$647,583

Down $175,816 (-21%) from 2024

Net Income

Up

-$101,432

Up $269,362 (+73%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2022: $5,939,219Liabilities 2022: $96,805Net Assets 2022: $5,842,4142022Assets 2023: $5,664,919Liabilities 2023: $94,568Net Assets 2023: $5,570,3512023Assets 2024: $5,292,761Liabilities 2024: $93,204Net Assets 2024: $5,199,5572024Assets 2025: $5,224,744Liabilities 2025: $100,191Net Assets 2025: $5,124,5532025

Highlighted filing

2025

Assets$5,224,744
Liabilities$100,191
Net Assets$5,124,553

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2022: $359,140Expenses 2022: $390,347Net Income 2022: -$31,2072022Revenue 2023: $534,690Expenses 2023: $809,450Net Income 2023: -$274,7602023Revenue 2024: $452,605Expenses 2024: $823,399Net Income 2024: -$370,7942024Revenue 2025: $546,151Expenses 2025: $647,583Net Income 2025: -$101,4322025

Highlighted filing

2025

Revenue$546,151
Expenses$647,583
Net Income-$101,432

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 18, 2026
Return Version
2024v5.5
Gross Receipts
$849,551
Mission and Program Overview

Mission

Provide residential housing and related services to people with mental health challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,215,965$4,162,688▼ $53,277
Investments in Publicly Traded Securities$985,262$974,570▼ $10,692
Cash and Non-Interest-Bearing Accounts$50,742$50,000▼ $742
Prepaid Expenses and Deferred Charges$3,825$5,146▲ $1,321
Accounts Receivable$6,005$377▼ $5,628
Total Assets$5,292,761$5,224,744▼ $68,017
Other Assets Total$30,962$31,963▲ $1,001
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,000$79,333▼ $667
Accounts Payable and Accrued Expenses$13,204$20,858▲ $7,654
Total Liabilities$93,204$100,191▲ $6,987
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,013,844$5,098,146▲ $84,302
Net Assets With Donor Restrictions$185,713$26,407▼ $159,306
Total Net Assets Fund Balance$5,199,557$5,124,553▼ $75,004
Total Liabilities and Net Assets / Fund Balance$5,292,761$5,224,744▼ $68,017

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,568,050$470,273$4,038,323
Land$454,000-$454,000
Leasehold Improvements$134,504$28,816$163,320
Other Land Buildings$6,134-$6,134
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon ModianoBoard Chair
Eric AdelmanPresident
Evan J LeibhanVice Chair
Dani GillmanSecretary
Gail StewartTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Reserve Management CoProperty Management3040 EAST GRAND BOULEVARD SUITE 10, Detroit, MI 48202$169,472
Revenue and Support

Revenue Composition

Contributions and Grants
$717
Program Service Revenue
$515,570
Investment Income
$29,864
Other Revenue
$0
All Other Contributions
$717
Change in Net Assets
$-101,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,583
Total Fundraising Expense$1,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$483,085-$1,229$484,314
Depreciation Depletion$152,217--$152,217
Insurance$4,352--$4,352
Fees for Services Accounting$1,399$1,398-$2,797
Other Expenses$648--$648
Total Functional Expenses$644,956$1,398$1,229$647,583
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Former Board MemberSubcontractor ServicesNo$169,472
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
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Residential services were previously delivered under a wholly owned subsidiary, kadima. In 2024 these services were moved to gesher and kadima was dissolved. These services are explained under program area iii - at home.

Form 990, Part VI, Section A, Line 7A

The member elects the members of the board annually.

Form 990, Part VI, Section B, Line 11B

Copies of the form 990 are made available to board members and distributed at the board meeting. It is presented to the board of directors during this meeting and the board reviews and discusses any inaccuracies and/or areas of concern, which are addressed before filing.

Form 990, Part VI, Section B, Line 12C

Annually the board reviews the organization's code of ethics and conflict of interest policy and discloses in writing any potential conflicts of interest within kadima nonprofit housing corporation's operations. For each interest disclosed, the board will determine whether the organization should take no action or disclose the situation more broadly and invite discussion as to what actions should be taken, or alternatively, to avoid the conflict in its entirety. All board members are expected to inform the organization of any changes that arise during the year that would result in any potential conflict of interest. If conflicts arise, it is the practice of board members who are in conflict to abstain from participation and voting on the related subject matter.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kadima Nonprofit Housing Corporation
EIN
61-2020952
Phone
2485595000
Address
29699 SOUTHFIELD ROAD, SOUTHFIELD, MI 48076

Signing Officer

Name
Paul Blatt
Title
President & CEO
Phone
2485595000
Signed
2026-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Blatt
Formed
2022
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
10

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
790 N WATER ST SUITE 2000, MILWAUKEE, WI 53202
Preparer
Troy E Marine
Phone
4147775500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer to gesher -91,641.

Financial Statement Notes

PART X, LINE 2:

Knhc has received notification that it qualifies as a tax-exempt organization under section 501(c)(3) of the u.s. Internal revenue code and corresponding provisions of state law and, accordingly, is not subject to federal or state income taxes. However, any unrelated business income may be subject to taxation.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0359140
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01890606
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03568050
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0470273
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04038323
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0454000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0454000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0134504
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028816
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0163320
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06134
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06134
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KNHC HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04162688
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0207348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt017962
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIC ADELMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0243512
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION IS PAID BY GESHER HUMAN SERVICES (GESHER), A RELATED ORGANIZATION. GESHER USED THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE PRESIDENT: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. FORM 990 OF OTHER ORGANIZATIONS 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE PRESIDENTIAL SUPPORT COMMITTEE (COMPENSATION COMMITTEE)
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0ERIC WIZENBERG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0169472
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SUBCONTRACTOR SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RESIDENTIAL SERVICES WERE PREVIOUSLY DELIVERED UNDER A WHOLLY OWNED SUBSIDIARY, KADIMA. IN 2024 THESE SERVICES WERE MOVED TO GESHER AND KADIMA WAS DISSOLVED. THESE SERVICES ARE EXPLAINED UNDER PROGRAM AREA III - AT HOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBER ELECTS THE MEMBERS OF THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE FORM 990 ARE MADE AVAILABLE TO BOARD MEMBERS AND DISTRIBUTED AT THE BOARD MEETING. IT IS PRESENTED TO THE BOARD OF DIRECTORS DURING THIS MEETING AND THE BOARD REVIEWS AND DISCUSSES ANY INACCURACIES AND/OR AREAS OF CONCERN, WHICH ARE ADDRESSED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE BOARD REVIEWS THE ORGANIZATION'S CODE OF ETHICS AND CONFLICT OF INTEREST POLICY AND DISCLOSES IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST WITHIN KADIMA NONPROFIT HOUSING CORPORATION'S OPERATIONS. FOR EACH INTEREST DISCLOSED, THE BOARD WILL DETERMINE WHETHER THE ORGANIZATION SHOULD TAKE NO ACTION OR DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION AS TO WHAT ACTIONS SHOULD BE TAKEN, OR ALTERNATIVELY, TO AVOID THE CONFLICT IN ITS ENTIRETY. ALL BOARD MEMBERS ARE EXPECTED TO INFORM THE ORGANIZATION OF ANY CHANGES THAT ARISE DURING THE YEAR THAT WOULD RESULT IN ANY POTENTIAL CONFLICT OF INTEREST. IF CONFLICTS ARISE, IT IS THE PRACTICE OF BOARD MEMBERS WHO ARE IN CONFLICT TO ABSTAIN FROM PARTICIPATION AND VOTING ON THE RELATED SUBJECT MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER TO GESHER -91,641.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GESHER HUMAN SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381358013
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0VOCATIONAL REHABILITATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt029699 SOUTHFIELD ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SOUTHFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048076
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt091644
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ALLOCATION OF STAFF TIME
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GESHER HUMAN SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05292761
IRS990/TotalAssetsEOYAmt05224744
IRS990/TotalAssetsGrp/BOYAmt05292761
IRS990/TotalAssetsGrp/EOYAmt05224744
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0717
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01229
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0644956
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647583
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt093204
IRS990/TotalLiabilitiesEOYAmt0100191
IRS990/TotalLiabilitiesGrp/BOYAmt093204
IRS990/TotalLiabilitiesGrp/EOYAmt0100191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05199557

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