COOPERATIVE SERVICES INC

EIN: 381242615 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$433,046
Total Expenses
$336,666
Total Assets
$4,807,040
Net Assets
$4,352,826
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Organization Details

Formation Year
1945
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2024-07-01 to 2025-06-30

COOPERATIVE SERVICES INC, founded in 1945, is a small nonprofit in the Housing & Shelter sector that reported $433K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $96K, a strong 22% operating margin.

Mission

TO INVEST IN HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $258,759 Revenue: $369,600

COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT CORPORATION, IS A CONSUMER COOPERATIVE WHOLLY-OWNED BY CSI SUPPORT AND DEVELOPEMENT SERVICES. THE COMPANY HAS AS ITS PRINCIPAL BUSINESS ACTIVITY THE...

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COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT CORPORATION, IS A CONSUMER COOPERATIVE WHOLLY-OWNED BY CSI SUPPORT AND DEVELOPEMENT SERVICES. THE COMPANY HAS AS ITS PRINCIPAL BUSINESS ACTIVITY THE INVESTMENT IN HOUSING PROPERTIES, PRIMARILY FOR LOW, VERY LOW AND EXTREMELY LOW-INCOME SENIOR CITIZENS, FINANCE THROUGH FEDERAL, STATE AND LOCAL AGENCY PROGRAMS. THE APARTMENT COMPLEXES ARE LOCATED IN MICHIGAN AND MARYLAND. THE COMPANY HAS ALSO INVESTED IN AN OFFICE BUILDING IN WARREN, MICHIGAN.

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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 $369,600
Investment Income $63,346
Other Revenue $100
TOTAL REVENUE $433,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $258,759
Other Expenses $336,666
TOTAL EXPENSES $336,666

Year-over-Year Comparison

2024 2023 Change
Revenue $433,046 $382,430 +0.1%
Expenses $336,666 $367,744 -0.1%
Net Income $96,380 $14,686 +5.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
15
Independent Members
15
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
7
$613,148
Total Directors
21
$613,148
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYLE MOREY PRESIDENT 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 $38,191 $245,105
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $69,471 $368,043
CHARLOTTE MIKUSKA DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG 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
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
LINDA DENNIS 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
GINA CARTER DIRECTOR 0.10
Director
$0 $0 $0
CATHERIN POWELL DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $43,767 $220,392
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $28,825 $213,583
DIANE SMITH NATIONAL DEVELOPMENT MANAG 0.10
Highest
$0 $55,737 $259,515
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $54,786 $242,844
MEL HUDSON NATIONAL CONSTRUCTION MANA 0.10
Highest
$0 $66,377 $269,361
ANNIE MITCHELL FORMER PRESIDENT 0.10
Officer Director
$0 $0 $0
ALEX AHO FORMER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
GLORIA PARRIS FORMER DIRECTOR 0.10
Officer Director
$0 $0 $0
RILLAR MCDANIEL FORMER DIRECTOR 0.10
Director
$0 $0 $0
ELAINE HERRICK FORMER DIRECTOR 0.10
Director
$0 $0 $0
JUDY ROBERTS FORMER DIRECTOR 0.10
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 $433,046 $336,666 $4,807,040 $96,380
2024 $382,430 $367,744 $5,941,921 $14,686
2023 $362,518 $349,244 $5,997,159 $13,274
2022 $351,142 $321,026 $6,739,525 $30,116
2021 $362,019 $286,137 $6,858,528 $75,882
2020 $384,768 $310,685 $6,955,582 $74,083
2019 $12,755,706 $12,741,264 $7,022,569 $14,442
2018 $316,358 $315,805 $7,124,636 $553
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