HAZEL PARK NON-PROFIT HOUSING CORPORATION

EIN: 382742861 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$1,004,601
Total Expenses
$951,231
Total Assets
$1,551,792
Net Assets
$-1,635,206
🔒

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
1987
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2022-07-01 to 2023-06-30

HAZEL PARK NON-PROFIT HOUSING CORPORATION, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2022. Expenses of $951K left a modest 5% surplus.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $796,706 Revenue: $257,521

HAZEL PARK NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION...

Read more

HAZEL PARK NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED IN MAY 1987 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN HAZEL PARK, MICHIGAN AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 71 UNITS. HOUSING IS PROVIDED TO LOW INCOME SENIORS IN COOPERATION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $744,845
Program Service Revenue $257,521
Investment Income $358
Other Revenue $1,877
TOTAL REVENUE $1,004,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $796,706
Other Expenses $951,231
TOTAL EXPENSES $951,231

Year-over-Year Comparison

2022 2021 Change
Revenue $1,004,601 $981,230 +0.0%
Expenses $951,231 $913,898 +0.0%
Net Income $53,370 $67,332 -0.2%
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
10
Independent Members
10
Employees
N/A
Volunteers
9

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
6
$510,585
Total Directors
12
$510,585
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNIE MITCHELL PRESIDENT 0.10
Officer Director
$0 $0 $0
ALEX AHO VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
SHERYLE MOREY TREASURER 0.10
Officer Director
$0 $0 $0
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $34,117 $225,264
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $51,455 $285,321
RILLAR MCDANIEL DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG DIRECTOR 0.10
Director
$0 $0 $0
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
ELAINE HERRICK DIRECTOR 0.10
Director
$0 $0 $0
MARIETTA MARTIN DIRECTOR 0.10
Director
$0 $0 $0
DEANIE ROBINSON DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $36,429 $199,060
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $25,860 $195,156
DIANE SMITH NATIONAL DEVELOPMENT MANAGER 0.10
Highest
$0 $48,583 $233,913
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $44,849 $203,366
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 0.10
Highest
$0 $58,635 $233,476
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 No data No data No data No data
2023 $1,004,601 $951,231 $1,551,792 $53,370
2022 $981,230 $913,898 $1,693,734 $67,332
2021 $888,269 $857,341 $1,579,323 $30,928
2020 $897,019 $832,349 $1,611,400 $64,670
2019 $918,102 $842,119 $1,689,875 $75,983
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAZEL PARK NON-PROFIT HOUSING CORPORATION with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.