EVERETT NON-PROFIT HOUSING CORPORATION

EIN: 061468864 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$1,145,479
Total Expenses
$1,215,160
Total Assets
$5,951,829
Net Assets
$4,809,090
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MA
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2024-07-01 to 2025-06-30

EVERETT NON-PROFIT HOUSING CORPORATION, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $4.8M represent 50 months of operating reserves.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $566,663
Program Service Revenue $514,394
Investment Income $17,869
Other Revenue $46,553
TOTAL REVENUE $1,145,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $945,229
Other Expenses $1,215,160
TOTAL EXPENSES $1,215,160

Year-over-Year Comparison

2024 2023 Change
Revenue $1,145,479 $984,844 +0.2%
Expenses $1,215,160 $1,136,802 +0.1%
Net Income $-69,681 $-151,958 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$613,148
Total Directors
16
$613,148
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYLE MOREY PRESIDENT 0.10
Officer Director
$0 $0 $0
MARY DALESSANDRO VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
SHIRLEY MORELAND TREASURER 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $38,191 $245,105
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $69,471 $368,043
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
DEANIE ROBINSON DIRECTOR 0.10
Director
$0 $0 $0
GLORIA HARRIS DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG DIRECTOR 0.10
Director
$0 $0 $0
GINA CARTER DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $43,767 $220,392
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $28,825 $213,583
DIANE SMITH NATIONAL DEVELOPMENT MANAGER 0.10
Highest
$0 $55,737 $259,515
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 0.10
Highest
$0 $66,377 $269,361
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $54,786 $242,844
ANNIE MITCHELL FORMER PRESIDENT 0.10
Officer Director
$0 $0 $0
GLORIA PARRIS FORMER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JUDY ROBERTS FORMER DIRECTOR 0.10
Director
$0 $0 $0
MARIETTA MARTIN FORMER DIRECTOR 0.10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,145,479 $1,215,160 $5,951,829 $-69,681
2024 $984,844 $1,136,802 $6,014,269 $-151,958
2023 $981,965 $1,095,271 $6,188,157 $-113,306
2022 $902,655 $1,054,784 $6,280,539 $-152,129
2021 $895,752 $989,429 $6,388,151 $-93,677
2020 $855,662 $1,026,618 $6,537,053 $-170,956
2019 $827,250 $993,768 $6,701,438 $-166,518
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EVERETT NON-PROFIT HOUSING CORPORATION with other nonprofits in Michigan and across the country.