CHURCHPEOPLE HOUSING MANAGEMENT SERVICES INC

EIN: 222523356 Housing & Shelter

CORNING, NY

Total Revenue
$810,646
Total Expenses
$835,736
Total Assets
$3,400,500
Net Assets
$-1,679,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
SUSAN BULL
Phone
6076547487
Tax Period
2025-01-01 to 2025-12-31

CHURCHPEOPLE HOUSING MANAGEMENT SERVICES INC, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $811K in total revenue in fiscal year 2025. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

RENTAL OF REAL ESTATE.

Program Service Accomplishments

Program 1
Expenses: $377,125 Revenue: $283,898

CHURCHPEOPLE HOUSING MANAGEMENT SERVICES, INC. - A HOLDING COMPANY FOR THE PURPOSE OF RENTING REAL ESTATE TO NON-PROFIT ORGANIZATIONS AND LOW-INCOME HOUSEHOLDS.

Program 2
Expenses: $35,326 Revenue: $23,976

HOPE HOUSE ONE, LLC - A LIMITED LIABILITY COMPANY FORMED TO OWN HOPE HOUSE, A RENTAL PROJECT. HOPE HOUSE IS SOLELY OWNED BY CHURCHPEOPLE HOUSING MANAGEMENT SERVICES, INC.

Program 3
Expenses: $423,285 Revenue: $252,112

SENECA STREET STATION APARTMENTS - A 22-UNIT RENTAL HOUSING PROJECT FOR PERSONS OF LOW AND MODERATE INCOME. ALSO CONTAINS 6 COMMERCIAL RENTAL UNITS AND 4 UNITS RENTED BY ARBOR HOUSING AND...

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SENECA STREET STATION APARTMENTS - A 22-UNIT RENTAL HOUSING PROJECT FOR PERSONS OF LOW AND MODERATE INCOME. ALSO CONTAINS 6 COMMERCIAL RENTAL UNITS AND 4 UNITS RENTED BY ARBOR HOUSING AND DEVELOPMENT, A CORPORATION RELATED BY COMMON BOARD MEMBERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $553,147
Investment Income $660
Other Revenue $6,839
TOTAL REVENUE $810,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,045
Fundraising Expenses $0
Program Expenses $835,736
Other Expenses $782,691
TOTAL EXPENSES $835,736

Year-over-Year Comparison

2025 2024 Change
Revenue $810,646 $525,090 +0.5%
Expenses $835,736 $2,308,076 -0.6%
Net Income $-25,090 $-1,782,986 -1.0%
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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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
4
$339,299
Total Directors
4
$339,299
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN BULL PRESIDENT 1.00
Officer Director
$0 $9,528 $200,191
MEGAN PIPER VICE PRESIDENT 1.00
Officer Director
$0 $22,384 $139,108
CHRISTINA MOYER SECRETARY 1.00
Officer Director
$0 $0 $0
JESSICA SMITH TREASURER 1.00
Officer 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 $810,646 $835,736 $3,400,500 $-25,090
2024 $525,090 $2,308,076 $4,301,265 $-1,782,986
2023 $507,146 $845,374 $5,839,903 $-338,228
2022 $526,605 $833,117 $6,041,783 $-306,512
2021 $521,157 $772,674 $6,270,676 $-251,517
2020 $486,712 $744,206 $6,051,904 $-257,494
2019 $1,009,856 $708,900 $6,279,415 $300,956
2018 $383,134 $723,034 $5,778,932 $-339,900
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