HARRISON HOUSING INCORPORATED

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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

1978

Legal Domicile

Principal Officer

DON HASKIN

Phone

9895395381

Tax Period

2025-01-01 to 2025-12-31

HARRISON HOUSING INCORPORATED, founded in 1978, is a small nonprofit that reported $455K in total revenue in fiscal year 2025.

Mission

TO PROVIDE SUBSIDIZED LOW-INCOME HOUSING TO RESIDENTS IN THE MID-MICHIGAN AREA. HOUSING IS AVAILABLE TO ALL WHO QUALIFY.

Program Service Accomplishments

Program 1

Expenses: $432,561 Revenue: $455,494

HARRISON HOUSING, INC. MANAGES AND OPERATES A 48 UNIT SUBSIDIZED LOW-INCOME HOUSING COMPLEX. HOUSING SUBSIDIES ARE PROVIDED THROUGH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $453,438

Investment Income $2,056

Other Revenue $0

TOTAL REVENUE $455,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $432,561

Other Expenses $457,746

TOTAL EXPENSES $457,746

Year-over-Year Comparison

	2025	2024	Change
Revenue	$455,494	$458,530	0.0%
Expenses	$457,746	$437,112	+0.0%
Net Income	$-2,252	$21,418	-1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY BRANDT	PRESIDENT UNTIL SEPTEMBER 2025	2.00	Officer Director	$0	$0	$0
DON HASKIN	INTERIM PRESIDENT	2.00	Officer Director	$0	$0	$0
KAY BRANDT	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES CHAPMAN	DIRECTOR	1.00	Director	$0	$0	$0
DON MORTON	DIRECTOR	1.00	Director	$0	$0	$0
MARK REINKE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SOBEY	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN CHAPMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARB SOVEY	DIRECTOR	1.00	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	$455,494	$457,746	$911,890	$-2,252
2024	$458,530	$437,112	$934,456	$21,418
2023	$401,081	$442,434	$923,990	$-41,353
2022	$392,824	$424,884	$980,476	$-32,060
2021	$385,849	$406,702	$1,026,854	$-20,853
2020	$391,523	$392,312	$1,062,868	$-789
2019	$371,528	$391,583	$1,083,631	$-20,055
2018	$374,676	$392,427	$1,119,547	$-17,751