GRATIOT WOODS NON-PROFIT HOUSING CORPORATION

EIN: 200967820 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$580,814
Total Expenses
$889,767
Total Assets
$4,926,400
Net Assets
$4,649,819
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Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2023-07-01 to 2024-06-30

GRATIOT WOODS NON-PROFIT HOUSING CORPORATION, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $581K in total revenue in fiscal year 2023. Expenses of $890K exceeded revenue, resulting in a 53% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $732,312 Revenue: $230,785

GRATIOT WOODS NON-PROFIT HOUSING CORPORATION, IS A MICHIGAN NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE...

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GRATIOT WOODS NON-PROFIT HOUSING CORPORATION, IS A MICHIGAN NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED IN OCTOBER 2006 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN DETROIT, MICHIGAN AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 62 UNITS. THE HOUSING IS PROVIDED TO LOW INCOME SENIORS IN COOPERATION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $340,395
Program Service Revenue $230,785
Investment Income $6,570
Other Revenue $3,064
TOTAL REVENUE $580,814

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $732,312
Other Expenses $889,767
TOTAL EXPENSES $889,767

Year-over-Year Comparison

2023 2022 Change
Revenue $580,814 $584,423 0.0%
Expenses $889,767 $710,170 +0.3%
Net Income $-308,953 $-125,747 +1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
12

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
6
$588,933
Total Directors
18
$588,933
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNIE MITCHELL PRESIDENT 0.10
Officer Director
$0 $0 $0
MARY DALESSANDRO DIRECTOR 0.10
Director
$0 $0 $0
SHIRLEY MORELAND DIRECTOR 0.10
Director
$0 $0 $0
GLORIA HARRIS DIRECTOR 0.10
Director
$0 $0 $0
ALEX AHO VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
SHERYLE MOREY TREASURER 0.10
Officer Director
$0 $0 $0
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $37,025 $236,633
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $65,434 $352,300
RILLAR MCDANIEL FORMER DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG FORMER DIRECTOR 0.10
Director
$0 $0 $0
GERALD MAHON JR DIRECTOR 0.10
Director
$0 $0 $0
GLORIA PARRIS DIRECTOR 0.10
Director
$0 $0 $0
ELAINE HERRICK FORMER DIRECTOR 0.10
Director
$0 $0 $0
MARIETTA MARTIN DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
JUDY ROBERTS DIRECTOR 0.10
Director
$0 $0 $0
DEANIE ROBINSON DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $39,866 $209,676
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $27,532 $206,193
DIANE SMITH NATIONAL DEVELOPMENT MANAG 0.10
Highest
$0 $52,900 $247,688
MEL HUDSON NATIONAL CONSTRUCTION MANA 0.10
Highest
$0 $63,515 $258,188
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $50,953 $229,476
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 No data No data No data No data
2024 $580,814 $889,767 $4,926,400 $-308,953
2023 $584,423 $710,170 $5,067,732 $-125,747
2022 $600,999 $722,521 $5,157,188 $-121,522
2021 $537,823 $706,489 $5,292,980 $-168,666
2020 $533,664 $638,316 $5,435,410 $-104,652
2019 $507,051 $671,975 $5,527,345 $-164,924
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