Coldwater Housing Comm a Nonprofit Corp

EIN: 352689466 501(c)(3) Housing & Shelter

Coldwater, MI

Total Revenue
$417,171
Total Expenses
$134,070
Total Assets
$509,980
Net Assets
$506,564
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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
2022
Legal Domicile
MI
Principal Officer
Lori LaBundy
Phone
5172782660
Tax Period
2023-04-01 to 2024-03-31

Coldwater Housing Comm a Nonprofit Corp, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $417K in total revenue in fiscal year 2023. Revenue surged 213% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 68% operating margin.

Mission

To provide safe and affordable housing, to assist, support and connect persons in need with housing resources, support families, neighborhoods and economic self-sufficiency and to partner with local agencies to expand services to persons of low to moderate income, including seniors and persons with disabilities.

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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 $415,308
Program Service Revenue $0
Investment Income $863
Other Revenue $1,000
TOTAL REVENUE $417,171

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $134,070
Other Expenses $134,070
TOTAL EXPENSES $134,070

Year-over-Year Comparison

2023 2022 Change
Revenue $417,171 $133,431 +2.1%
Expenses $134,070 $68,322 +1.0%
Net Income $283,101 $65,109 +3.3%
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

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
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Singer President 0.00
Director
$0 $0 $0
Michele Sandahl Director 0.00
Director
$0 $0 $0
Nicole Vogler Director 0.00
Director
$0 $0 $0
Samantha Gripman Vice President 0.00
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 No data No data No data No data
2024 $417,171 $134,070 $509,980 $283,101
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