CHANNEL HOUSING MINISTRIES INC

EIN: 382950406 501(c)(3)

Hart, MI

Total Revenue
$393,859
Total Expenses
$416,965
Total Assets
$287,690
Net Assets
$224,351
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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
1990
Legal Domicile
MI
Principal Officer
KITTIE TUINSTRA
Tax Period
2019-01-01 to 2019-12-31

CHANNEL HOUSING MINISTRIES INC, founded in 1990, is a small nonprofit that reported $394K in total revenue in fiscal year 2019. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

REHABILITATION OF FAMILY HOMES FOR LOWER INCOME FAMILIES, HOME PURCHASEASSISTANCE, HOMEOWNER COUNSELING, HOUSING RELATED ASSISTANCE

Program Service Accomplishments

Program 1
Expenses: $368,663

FORECLOSURE PREVENTION FOR FAMILIES WHO NEED IMMEDIATE ASSISTANCE WITHEXISTING HOMES, REHABILITATION OF FAMILY HOMES FOR LOW INCOME FAMILIES,HOMEBUYER AND HOMEOWNER COUNSELING, HOME DEVELOPMENT...

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FORECLOSURE PREVENTION FOR FAMILIES WHO NEED IMMEDIATE ASSISTANCE WITHEXISTING HOMES, REHABILITATION OF FAMILY HOMES FOR LOW INCOME FAMILIES,HOMEBUYER AND HOMEOWNER COUNSELING, HOME DEVELOPMENT ACTIVITIES, RENTAL ANDUTILITY ASSISTANCE TO HOMELESS AND LOW INCOME FAIMILIES

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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 (2019)

Revenue Breakdown

Contributions & Grants $334,814
Program Service Revenue $3,253
Investment Income $55,792
Other Revenue $0
TOTAL REVENUE $393,859

Expense Breakdown

Grants Paid $0
Salaries & Benefits $174,652
Fundraising Expenses $0
Program Expenses $368,663
Other Expenses $242,313
TOTAL EXPENSES $416,965

Year-over-Year Comparison

2019 2018 Change
Revenue $393,859 $329,964 +0.2%
Expenses $416,965 $386,079 +0.1%
Net Income $-23,106 $-56,115 -0.6%
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
8
Independent Members
8
Employees
11
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
4
$31,232
Total Directors
9
$31,232
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH ROBINSON TRUSTEE 5.00
Director
$0 $0 $0
KITTIE TUINSTRA EXECUTIVE DIRECTOR 40.00
Officer Director
$31,232 $0 $31,232
KEN FISHER PRESIDENT 5.00
Officer Director
$0 $0 $0
PAUL INGLIS TREASURERSECRETARY 2.00
Officer Director
$0 $0 $0
ANN MCLOUTH TRUSTEE 2.00
Director
$0 $0 $0
JOE BIZON TRUSTEE 2.00
Director
$0 $0 $0
DAVE SPITLER VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
BOB BLACKMER TRUSTEE 2.00
Director
$0 $0 $0
ROSS FIELD TRUSTEE 2.00
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
2019 $393,859 $416,965 $287,690 $-23,106
2018 $329,964 $386,079 $326,455 $-56,115
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