Jefferson-Chalmers Non-Profit Senior Housing Corporation

EIN: 382866912 501(c)(3)

Detroit, MI

Total Revenue
$1,313,524
Total Expenses
$1,359,185
Total Assets
$2,414,168
Net Assets
$-4,187,656
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MI
Principal Officer
PHILLIP BROOKS III
Phone
3138245326
Tax Period
2020-01-01 to 2020-12-31

Jefferson-Chalmers Non-Profit Senior Housing Corporation, founded in 1973, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020.

Mission

PROVIDING LOW INCOME HOUSING FOR SENIORS

Program Service Accomplishments

Program 1
Expenses: $1,269,358 Revenue: $361,657

PROVIDES 122 HOUSING UNITS FOR SENIOR CITIZENS AT LOWER RENT THAN CURRENT MARKET RATES TO ASSURE AFFORDABILITY

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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 (2020)

Revenue Breakdown

Contributions & Grants $913,602
Program Service Revenue $361,657
Investment Income $422
Other Revenue $37,843
TOTAL REVENUE $1,313,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,698
Fundraising Expenses $0
Program Expenses $1,269,358
Other Expenses $1,216,487
TOTAL EXPENSES $1,359,185

Year-over-Year Comparison

2020 2019 Change
Revenue $1,313,524 $1,329,884 0.0%
Expenses $1,359,185 $1,360,165 0.0%
Net Income $-45,661 $-30,281 +0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
N/A

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP BROOKS III CHAIRMAN effective 7/14/20 0.0
Officer Director
$0 $0 $0
PATRICIA GREEN BOARD MEMBER effective 7/14/20 0.0
Director
$0 $0 $0
ORODELL P WALKER BOARD MEMBER effective 7/14/20 0.0
Director
$0 $0 $0
JANNETT S GAINES BOARD MEMBER effective 7/14/20 0.0
Director
$0 $0 $0
PERRY MORGAN BOARD MEMBER effective 7/14/20 0.0
Director
$0 $0 $0
ANNICA BROWN Trustee/Director until 7/13/20 0.0
Director
$0 $0 $0
BARBARA CARREHER Tustee/Director until 7/13/20 0.0
Director
$0 $0 $0
LYAIA FISHER Trustee/Director until 7/13/20 0.0
Director
$0 $0 $0
ORELA BROWN Vice President until 7/13/20 0.0
Officer Director
$0 $0 $0
SHEREE WALTON Secretary until 7/13/20 0.0
Officer Director
$0 $0 $0
HELEN BRUDE Treasurer until 7/13/20 0.0
Officer Director
$0 $0 $0
BISHOP PA BROOKS President until 7/13/20 0.0
Officer Director
$0 $0 $0
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
2020 $1,313,524 $1,359,185 $2,414,168 $-45,661
2019 $1,329,884 $1,360,165 $2,488,726 $-30,281
2018 $1,281,342 $1,340,037 $2,672,327 $-58,695
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