Mill Creek Senior Housing Corp

EIN: 204633288 501(c)(3) Crime & Legal

Battle Creek, MI

Total Revenue
$407,809
Total Expenses
$492,422
Total Assets
$2,745,552
Net Assets
$-1,188,668
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
Patricia Fosdick
Tax Period
2024-07-01 to 2025-06-30

Mill Creek Senior Housing Corp, founded in 2006, is a small nonprofit in the Crime & Legal sector that reported $408K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $492K exceeded revenue, resulting in a 21% operating deficit.

Mission

Provide housing and services to low income senior adults

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $404,276
Investment Income $255
Other Revenue $3,278
TOTAL REVENUE $407,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,178
Fundraising Expenses $0
Program Expenses $369,051
Other Expenses $377,244
TOTAL EXPENSES $492,422

Year-over-Year Comparison

2024 2023 Change
Revenue $407,809 $444,518 -0.1%
Expenses $492,422 $434,023 +0.1%
Net Income $-84,613 $10,495 -9.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
13

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
3
$56,217
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Bouchard Administrator 040.00
Officer
$56,217 $0 $56,217
Patricia Fosdick Chair 001.00
Officer Director
$0 $0 $0
Virginia Lawson Secretary 001.00
Officer Director
$0 $0 $0
Donna Bidleman Director 001.00
Director
$0 $0 $0
Patricia Slayton Director 001.00
Director
$0 $0 $0
Fred Bachman Director 001.00
Director
$0 $0 $0
Dave Gilbert Director 001.00
Director
$0 $0 $0
Laura Stewart Director 001.00
Director
$0 $0 $0
Bernard Bladney Jr Director 001.00
Director
$0 $0 $0
Richard Rabbideau Director N/A
$0 $0 $0
Helen Guzzo Director N/A
$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 $407,809 $492,422 $2,745,552 $-84,613
2024 $444,518 $434,023 $2,817,065 $10,495
2023 $322,485 $459,589 $2,861,265 $-137,104
2022 $304,082 $443,615 $2,936,391 $-139,533
2021 $304,296 $383,688 $3,020,552 $-79,392
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