NHF SUB LAKE

EIN: 383009348

ALPENA, MI

Total Revenue
$160,920
Total Expenses
$83,612
Total Assets
$1,154,270
Net Assets
$733,616
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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
1991
Legal Domicile
MI
Principal Officer
STEVE HALL
Phone
9895900780
Tax Period
2025-01-01 to 2025-12-31

NHF SUB LAKE, founded in 1991, is a small nonprofit that reported $161K in total revenue in fiscal year 2025. The organization ran a surplus of $77K, a strong 48% operating margin.

Mission

REAL PROPERTY RENTAL TO GOVERNMENTAL AGENCIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $160,920
Investment Income $0
Other Revenue $0
TOTAL REVENUE $160,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $83,612
Other Expenses $83,612
TOTAL EXPENSES $83,612

Year-over-Year Comparison

2025 2024 Change
Revenue $160,920 $160,921 0.0%
Expenses $83,612 $89,793 -0.1%
Net Income $77,308 $71,128 +0.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
2

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIZ BRADDOCK SECRETARY 1.00
Officer Director
$0 $0 $0
JUDY GREER TREASURER 1.00
Officer Director
$0 $0 $0
STEVE HALL PRESIDENT 2.00
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
2025 $160,920 $83,612 $1,154,270 $77,308
2024 $160,921 $89,793 $1,223,702 $71,128
2023 $130,763 $103,997 $1,279,446 $26,766
2022 $301,923 $127,845 $2,529,550 $174,078
2021 $327,721 $165,953 $2,579,943 $161,768
2020 $327,721 $185,749 $2,697,450 $141,972
2019 $327,721 $195,824 $2,823,861 $131,897
2018 $336,491 $204,535 $2,952,253 $131,956
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