KALAMAZOO, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KALAMAZOO VALLEY HABITAT FOR HUMANITY INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2023. Expenses of $2.0M left a modest 3% surplus.
ACQUIRING LAND AND HOMES FOR THE PURPOSE OF BUILDING NEW HOMES, AND RENOVATING EXISTING HOMES TO SELL TO VERY LOW INCOME FAMILIES UNDER INTEREST FREE LAND CONTRACTS OR MORTGAGES. THE HOMES ARE LOCATED IN URBAN AREAS OF KALAMAZOO COUNTY, WHICH ARE GENERALLY CONSIDERED TO BE ECONOMICALLY DEPRESSED. HABITAT'S SUPPORT COMES PRIMARILY FROM THE SALE OF HOMES, VARIOUS GOVERNMENT GRANTS AND CONTRIBUTIONS FROM INDIVIDUAL DONORS AND VARIOUS ORGANIZATIONS. KALAMAZOO VALLEY HABITAT FOR HUMANITY HAS IMPLEMENTED A HOME REPAIR PROGRAM, TO HELP MEET THE CHANGING NEEDS OF THE COMMUNITIES WE SERVE.
CONSTRUCTION - BUILD, RENOVATES OR REPAIRS HOMES FOR LOW INCOME KALAMAZOO COUNTY RESIDENTS. THIS IS ACCOMPLISHED THROUGH A COMBINATION OF VOLUNTEER AND PAID STAFF AS WELL AS PROFESSIONAL AND...
CONSTRUCTION - BUILD, RENOVATES OR REPAIRS HOMES FOR LOW INCOME KALAMAZOO COUNTY RESIDENTS. THIS IS ACCOMPLISHED THROUGH A COMBINATION OF VOLUNTEER AND PAID STAFF AS WELL AS PROFESSIONAL AND CONTRACTED LABOR. KALAMAZOO VALLEY HABITAT OVERSEES THE ENTIRE HOME BUILDING PROCESS; LAND ACQUISITION; SITE PLANNING, HOME DESIGN, PULLING PERMITS, UTILITY HOOK-UPS, CONSTRUCTION, LANDSCAPING AND SERVING AS GENERAL CONTRACTOR WITH SUB- CONTRACTORS.
MORTGAGE SERVICES - ALL KALAMAZOO VALLEY HABITAT PROPERTIES ARE SOLD TO OUR FAMILY PARTNERS USING A MORTGAGE NOTE AND DEED WHICH ARE PREPARED BY HABITAT FOR HUMANITY MICHIGAN. KALAMAZOO VALLEY...
MORTGAGE SERVICES - ALL KALAMAZOO VALLEY HABITAT PROPERTIES ARE SOLD TO OUR FAMILY PARTNERS USING A MORTGAGE NOTE AND DEED WHICH ARE PREPARED BY HABITAT FOR HUMANITY MICHIGAN. KALAMAZOO VALLEY HABITAT IS THE LIEN HOLDER FOR ALL ITS MORTGAGES. THE MORTGAGES ARE HELD "IN HOUSE- AND TITLE INSURANCE IS PROVIDED FOR ALL THE PROPERTIES SOLD. HABITAT FOR HUMANITY MICHIGAN SERVICES AND COLLECTS ALL THE PAYMENTS, WITH PROCEEDS RETURNING TO KALAMAZOO VALLEY HABITAT, REINVESTING INTO OTHER HOME PROJECTS.
RESTORE - SELLS NEW AND USED OVERSTOCK AND DISCONTINUED BUILDING AND HOME IMPROVEMENT MATERIALS DONATED BY MANUFACTURERS, STORES, CONTRACTORS AND INDIVIDUALS. THESE DONATED ITEMS ARE SOLD TO THE...
RESTORE - SELLS NEW AND USED OVERSTOCK AND DISCONTINUED BUILDING AND HOME IMPROVEMENT MATERIALS DONATED BY MANUFACTURERS, STORES, CONTRACTORS AND INDIVIDUALS. THESE DONATED ITEMS ARE SOLD TO THE PUBLIC OR USED IN THE CONSTRUCTION OF HOMES. PROFITS ARE USED TO SUPPORT HOUSING SOLUTIONS FOR LOW INCOME FAMILIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,013,999 | $1,915,376 | +0.1% |
| Expenses | $1,950,743 | $2,579,901 | -0.2% |
| Net Income | $63,256 | $-664,525 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TERESA THRASH | EXEC. DIRECT | 40.00 |
Officer
|
$7,857 | $0 | $7,857 |
| SCOTT STEVEN CHU | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LISA CARRIVEAU | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RENITA ELLIS | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDAN GAUTHIER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROSS KEILEN | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS LABRENZ | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE OLIPHANT | PAST PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN SCHUEMANN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSHUWA SCHOIBER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOM VICTOR | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,013,999 | $1,950,743 | $4,715,418 | $63,256 |
| 2023 | $1,915,376 | $2,579,901 | $4,328,178 | $-664,525 |
| 2023 | $1,928,819 | $2,584,247 | $4,262,726 | $-655,428 |
| 2022 | $2,224,983 | $2,266,802 | $4,550,751 | $-41,819 |
| 2021 | $2,185,377 | $1,626,087 | $4,972,565 | $559,290 |
| 2020 | $1,355,734 | $1,409,193 | $4,340,472 | $-53,459 |
| 2019 | $1,576,728 | $1,841,107 | $4,274,147 | $-264,379 |
| 2018 | $1,659,395 | $1,748,879 | $4,465,262 | $-89,484 |
Compare KALAMAZOO VALLEY HABITAT FOR HUMANITY INC with other nonprofits in Michigan and across the country.