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
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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
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.

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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 (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
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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
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
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