LIVONIA, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HIGHLAND AREA NON-PROFIT HOUSING CORP, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $445K in total revenue in fiscal year 2024.
LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS
HIGHLAND AREA NON-PROFIT HOUSING CORPORATION OWNS, OPERATES AND MANAGES A 32-UNIT MULTI-FAMILY APARTMENT COMPLEX (THE "PROJECT") FOR ELDERLY AND HANDICAPPED INDIVIDUALS LOCATED IN HIGHLAND, MICHIGAN...
HIGHLAND AREA NON-PROFIT HOUSING CORPORATION OWNS, OPERATES AND MANAGES A 32-UNIT MULTI-FAMILY APARTMENT COMPLEX (THE "PROJECT") FOR ELDERLY AND HANDICAPPED INDIVIDUALS LOCATED IN HIGHLAND, MICHIGAN UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT RECEIVES RENT SUPPLEMENTS FROM THE FEDERAL GOVERNMENT UNDER THE SECTION 8 PROGRAM AND IS SUBJECT TO A MORTGAGE FROM HUD. THE PROJECT'S MAJOR PROGRAMS ARE ITS SECTION 8 HOUSING ASSISTANCE PAYMENTS AND SECTION 202 DIRECT LOAN.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $445,413 | $430,418 | +0.0% |
| Expenses | $439,137 | $433,981 | +0.0% |
| Net Income | $6,276 | $-3,563 | -2.8% |
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 |
|---|---|---|---|---|---|---|
| CHRISTINA HAMILL | TRUSTEE; PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBBIE CARTER | TRUSTEE; TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE GAGLIO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEISA KRIEGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA WATTS | TRUSTEE: SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY A ENTREKIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $445,413 | $439,137 | $504,002 | $6,276 |
| 2024 | $430,418 | $433,981 | $577,701 | $-3,563 |
| 2023 | $409,539 | $424,315 | $611,672 | $-14,776 |
| 2022 | $383,211 | $390,048 | $598,323 | $-6,837 |
| 2021 | $381,911 | $408,698 | $626,850 | $-26,787 |
| 2020 | $382,490 | $378,608 | $670,693 | $3,882 |
| 2019 | $384,746 | $370,814 | $703,395 | $13,932 |
| 2018 | $365,803 | $368,900 | $741,644 | $-3,097 |
Compare HIGHLAND AREA NON-PROFIT HOUSING CORP with other nonprofits in Michigan and across the country.