Metro Community DevelopmentInc

EIN: 383072010 501(c)(3) Community Improvement

Flint, MI

Total Revenue
$6,583,205
Total Expenses
$4,879,062
Total Assets
$18,442,790
Net Assets
$10,846,663
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MI
Principal Officer
Thomas Hutchison
Phone
8107674622
Tax Period
2024-07-01 to 2025-06-30

Metro Community DevelopmentInc, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $6.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.7M, a strong 26% operating margin.

Mission

We build partnerships to create economic opportunities to promote vibrant and prosperous communities. We foster entrepreneurs and grow small businesses. We develop affordable housing and prepare families for homeownership.

Program Service Accomplishments

Program 1
Expenses: $1,616,585 Revenue: $47,897

Enhance community housing initiatives through meetings with groups, assisting with funding projects, and development of strategic plans. Provide funding to subrecipient organizations who provide...

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Enhance community housing initiatives through meetings with groups, assisting with funding projects, and development of strategic plans. Provide funding to subrecipient organizations who provide services and develop initiatives to improve quality of neighboroods and communities throughout Flint and Genesee County. Chronic Homeless Initiative and Homeless Prevention and Rapid-rehousing are programs to help develop permanent supportive housing for individuals who are chronically homeless and to provide tenant based rental assistance.

Program 2
Expenses: $1,597,370

Homeless Management Information System (HMIS) is a software system designed to record and store client-level information on the characteristics and service needs of homeless individuals and persons...

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Homeless Management Information System (HMIS) is a software system designed to record and store client-level information on the characteristics and service needs of homeless individuals and persons at risk of homelessness. The data collected in HMIS allows a community to assess the needs and dynamics among specific subpopulations of people experiencing homelessness, and to measure the performance of the community's approaches to preventing and ending homelessness and its allocation of resources. Coordinated Entry is a system that provides access to individuals and families seeking assistance through a coordinated referral and housing placement process that identifies and prioritizes a client's vulnerability and barriers to housing. Continuum of Care (CoC) planning is a process involving government agencies, service providers, advocates, and other stakeholders in evaluating the needs of homeless people in the community, assessing the performance of existing activities, and prioritizing activities for the purpose of securing funding from the U.S. Department of Housing and Urban Development.

Program 3
Expenses: $1,153,219

Community Development Financial Institutions (CDFI) funds and Small Business Administration (SBA) funds were used to obtain the technical assistance needed to run the program efficiently and...

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Community Development Financial Institutions (CDFI) funds and Small Business Administration (SBA) funds were used to obtain the technical assistance needed to run the program efficiently and effectively. The funds were also used to provide micro-loans, including rural and enterprise loans, for Genesee, Lapeer, Saginaw, and Shiawassee counties.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,712,573
Program Service Revenue $503,013
Investment Income $367,619
Other Revenue $0
TOTAL REVENUE $6,583,205

Expense Breakdown

Grants Paid $1,190,818
Salaries & Benefits $1,171,120
Fundraising Expenses $45,140
Program Expenses $4,448,515
Other Expenses $2,517,124
TOTAL EXPENSES $4,879,062

Year-over-Year Comparison

2024 2023 Change
Revenue $6,583,205 $6,162,636 +0.1%
Expenses $4,879,062 $6,156,124 -0.2%
Net Income $1,704,143 $6,512 +260.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
23
Volunteers
14

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
7
$315,714
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Nichols Chair 1.00
Officer Director
$0 $0 $0
Bruce T Colasanti Vice Chair 1.00
Officer Director
$0 $0 $0
Dan Fleckenstein Treasurer 1.00
Officer Director
$0 $0 $0
Jack Stock Secretary 1.00
Officer Director
$0 $0 $0
Rachelle A Kippe Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Victoria Arteaga Director 1.00
Director
$0 $0 $0
Jim Carney Director 1.00
Director
$0 $0 $0
Johnathan Dugan Director 1.00
Director
$0 $0 $0
Deborah Herdman Director 1.00
Director
$0 $0 $0
Melissa Overton Director 1.00
Director
$0 $0 $0
Betty Ramsdell Director 1.00
Director
$0 $0 $0
Linda Thompson Director 1.00
Director
$0 $0 $0
Rafael Turner Director 1.00
Director
$0 $0 $0
Dr Beverly Walker-Griffea Director 1.00
Director
$0 $0 $0
Brian Glowiak CEO 39.50
Officer
$192,000 $0 $192,000
Corwin Foster CFO 39.50
Officer
$110,923 $12,791 $123,714
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 $6,583,205 $4,879,062 $18,442,790 $1,704,143
2024 No data No data No data No data
2023 $4,452,196 $4,175,424 $17,667,681 $276,772
2022 $4,633,690 $4,683,049 $15,522,758 $-49,359
2021 $4,976,482 $4,025,876 $15,029,005 $950,606
2020 $4,287,081 $4,409,359 $12,242,352 $-122,278
2019 $4,384,785 $4,154,442 $12,402,561 $230,343
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