INGHAM COUNTY HOME ASSOCIATION

EIN: 381398850 501(c)(3)

HASLETT, MI

Total Revenue
$85,860
Total Expenses
$1,547,469
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
MI
Principal Officer
PATRICIA HALL
Phone
5173398384
Tax Period
2021-10-01 to 2022-09-30

INGHAM COUNTY HOME ASSOCIATION, founded in 1922, is a micro nonprofit that reported $86K in total revenue in fiscal year 2021. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 1702% operating deficit.

Mission

TO PROVIDE MONETARY ASSISTANCE FOR AFFORDABLE HOUSING, CARE FOR ELDERLY AND ORGANIZATIONS SERVING WOMEN AND CHILDREN IN NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $85,860
Other Revenue $0
TOTAL REVENUE $85,860

Expense Breakdown

Grants Paid $1,515,747
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,533,916
Other Expenses $31,722
TOTAL EXPENSES $1,547,469

Year-over-Year Comparison

2021 2020 Change
Revenue $85,860 $45,409 +0.9%
Expenses $1,547,469 $284,856 +4.4%
Net Income $-1,461,609 $-239,447 +5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
N/A
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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSEMARY CAHANEY VICE PRESIDE N/A
Officer Director
$0 $0 $0
CLAUDIA DOOLEN MEMBER AT LA N/A
Director
$0 $0 $0
KELLY FLAGG DIRECTOR N/A
Director
$0 $0 $0
PATRICIA HALL PRESIDENT N/A
Officer Director
$0 $0 $0
CHERYL HOWE SECRETARY N/A
Officer Director
$0 $0 $0
JOANNE RICKS DIRECTOR N/A
Director
$0 $0 $0
BETTY ROBINSON TREASURER N/A
Officer Director
$0 $0 $0
NANCY WEBB DIRECTOR N/A
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
2022 $85,860 $1,547,469 No data $-1,461,609
2021 $45,409 $284,856 $1,717,428 $-239,447
2020 $41,629 $233,512 $1,585,605 $-191,883
2019 $61,261 $312,090 $1,732,393 $-250,829
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INGHAM COUNTY HOME ASSOCIATION with other nonprofits in Michigan and across the country.