BISHOP NON-PROFIT HOUSING CORPORATION

EIN: 205132437 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$1,351,288
Total Expenses
$1,464,562
Total Assets
$3,209,574
Net Assets
$-721,535
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2023-07-01 to 2024-06-30

BISHOP NON-PROFIT HOUSING CORPORATION, founded in 1970, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $1,120,079 Revenue: $1,054,597

BISHOP NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED IN JULY 1969 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN WYANDOTTE, MICHIGAN AND TO...

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BISHOP NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED IN JULY 1969 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN WYANDOTTE, MICHIGAN AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 196 UNITS. 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 $274,974
Program Service Revenue $1,054,597
Investment Income $409
Other Revenue $21,308
TOTAL REVENUE $1,351,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,120,079
Other Expenses $1,464,562
TOTAL EXPENSES $1,464,562

Year-over-Year Comparison

2023 2022 Change
Revenue $1,351,288 $1,384,212 0.0%
Expenses $1,464,562 $1,432,804 +0.0%
Net Income $-113,274 $-48,592 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
30

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
7
$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
RILLAR MCDANIEL FORMER DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG FORMER DIRECTOR 0.10
Director
$0 $0 $0
ELAINE HERRICK FORMER DIRECTOR 0.10
Director
$0 $0 $0
ALEX AHO CONSTITUTION 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
SHERYLE MOREY TREASURER 0.10
Officer Director
$0 $0 $0
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $65,434 $352,300
GLORIA PARRIS VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
MARIETTA MARTIN 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
MARY DALESSANDRO DIRECTOR 0.10
Director
$0 $0 $0
SHIRLEY MORELAND 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
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 MANAGER 0.10
Highest
$0 $52,900 $247,688
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 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 $1,351,288 $1,464,562 $3,209,574 $-113,274
2023 $1,384,212 $1,432,804 $3,244,544 $-48,592
2022 $1,430,833 $1,305,468 $3,138,259 $125,365
2021 $1,388,030 $1,295,682 $3,092,725 $92,348
2020 $1,369,239 $1,271,941 $3,203,285 $97,298
2019 $1,363,338 $1,354,677 $3,215,296 $8,661
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