SOUTHEAST MICHIGAN NON PROFIT HOUSING CORPORATION

EIN: 320101001 501(c)(3) Housing & Shelter

ST CLAIR, MI

Total Revenue
$266,890
Total Expenses
$79,593
Total Assets
$1,540,914
Net Assets
$1,352,432
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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
2003
Legal Domicile
MI
Principal Officer
LISA BEEDON
Phone
8103881200
Tax Period
2023-10-01 to 2024-09-30

SOUTHEAST MICHIGAN NON PROFIT HOUSING CORPORATION, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $267K in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 70% operating margin.

Mission

PROVIDE COMPREHENSIVE RESIDENTIAL SERVICE FOR THE DEVELOPMENTALLY IMPAIRED.

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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 $86,763
Program Service Revenue $0
Investment Income $175,284
Other Revenue $4,843
TOTAL REVENUE $266,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,593
Other Expenses $79,593
TOTAL EXPENSES $79,593

Year-over-Year Comparison

2023 2022 Change
Revenue $266,890 $133,622 +1.0%
Expenses $79,593 $112,264 -0.3%
Net Income $187,297 $21,358 +7.8%
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE JACKSON-DREWEK PRESIDENT 2.00
Officer
$0 $0 $0
REBECCA CALDWELL VICE PRESIDENT 2.00
Officer
$0 $0 $0
BONNIE BARRETT SECRETARY AND TREASURER 2.00
Officer
$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
2024 $266,890 $79,593 $1,540,914 $187,297
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