ECORSE NON-PROFIT HOUSING CORPORATION

EIN: 382940362 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$703,431
Total Expenses
$828,299
Total Assets
$2,343,677
Net Assets
$2,062,626
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Organization Details

Formation Year
1990
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2023-07-01 to 2024-06-30

ECORSE NON-PROFIT HOUSING CORPORATION, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $703K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $828K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $634,412 Revenue: $332,374

ECORSE 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...

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ECORSE 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 JUNE 1990 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN ECORSE, MICHIGAN AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 80 UNITS. THE HOUSING IS PROVIDED TO LOW INCOME SENIORS IN COOPERATION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $363,798
Program Service Revenue $332,374
Investment Income $3,009
Other Revenue $4,250
TOTAL REVENUE $703,431

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $634,412
Other Expenses $828,299
TOTAL EXPENSES $828,299

Year-over-Year Comparison

2023 2022 Change
Revenue $703,431 $646,676 +0.1%
Expenses $828,299 $898,633 -0.1%
Net Income $-124,868 $-251,957 -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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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
7

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
$588,933
Total Directors
16
$588,933
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
GLORIA PARRIS VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
SHERYLE MOREY TREASURER 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $37,025 $236,633
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $65,434 $352,300
GERALD MAHOM JR 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
MARY DALESSANDRO DIRECTOR 0.10
Director
$0 $0 $0
GLORIA HARRIS DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
ALEX AHO FORMER DIRECTOR 0.10
Director
$0 $0 $0
RILLAR MCDANIEL FORMER DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG FORMER DIRECTOR 0.10
Director
$0 $0 $0
ELAINE HERRICK FORMER DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $39,866 $209,676
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $27,532 $206,193
DIANE SMITH NATIONAL DEVELOPMENT MANAG 0.10
Highest
$0 $52,900 $247,688
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $50,953 $229,476
MEL HUDSON NATIONAL CONSTRUCTION MANA 0.10
Highest
$0 $63,515 $258,188
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
2024 $703,431 $828,299 $2,343,677 $-124,868
2023 $646,676 $898,633 $2,430,702 $-251,957
2022 $692,340 $803,540 $2,543,942 $-111,200
2021 $625,238 $730,377 $2,605,516 $-105,139
2020 $591,341 $716,263 $2,705,912 $-124,922
2019 $575,392 $710,735 $2,872,851 $-135,343
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