Quality Living Systems Management Corporation

EIN: 382401686 501(c)(3) Human Services

Flint, MI

Total Revenue
$1,464,481
Total Expenses
$1,460,826
Total Assets
$637,572
Net Assets
$615,353
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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
1981
Legal Domicile
MI
Principal Officer
Leisa Oliver
Phone
8107435000
Tax Period
2025-01-01 to 2025-12-31

Quality Living Systems Management Corporation, founded in 1981, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

MANAGE DISABLED HOUSING FACILITS

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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 (2025)

Revenue Breakdown

Contributions & Grants $45,499
Program Service Revenue $1,418,738
Investment Income $209
Other Revenue $35
TOTAL REVENUE $1,464,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,344,776
Fundraising Expenses $0
Program Expenses $1,345,179
Other Expenses $116,050
TOTAL EXPENSES $1,460,826

Year-over-Year Comparison

2025 2024 Change
Revenue $1,464,481 $1,108,437 +0.3%
Expenses $1,460,826 $1,185,023 +0.2%
Net Income $3,655 $-76,586 -1.0%
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
27
Volunteers
3

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
8
$98,202
Key Employees
1
$98,202
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roslyn Weedman PRES 10.00
Director
$0 $0 $0
Nancy Schwartz DIRECTOR 10.00
Director
$0 $0 $0
James Woolcock SECRETARY/TREASURER 10.00
Director
$0 $0 $0
James Kettler BOARD 10.00
Director
$0 $0 $0
Janie Frazier Board 10.00
Director
$0 $0 $0
Eric Mead Board 10.00
Director
$0 $0 $0
Raquel Largent member 10.00
Director
$0 $0 $0
LEISA OLIVER DIRECTOR 20.00
Director Key Emp
$98,202 $0 $98,202
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 $1,464,481 $1,460,826 $637,572 $3,655
2024 $1,108,437 $1,185,023 $522,968 $-76,586
2023 $108,277 $112,297 $605,676 $-4,020
2022 $110,148 $91,774 $605,023 $18,374
2021 $112,570 $92,284 $546,956 $20,286
2020 $277,656 $235,056 $516,958 $42,600
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