COMMUNITY HOUSING ALTERNATIVES CORP

EIN: 383213803 501(c)(3)

YPSILANTI, MI

Total Revenue
$5,097
Total Expenses
$35,526
Total Assets
$14,093
Net Assets
$-85,725
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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

Principal Officer
KATHERINE GRANT
Phone
7344823300
Tax Period
2017-10-01 to 2018-09-30

COMMUNITY HOUSING ALTERNATIVES CORP is a micro nonprofit that reported $5K in total revenue in fiscal year 2017. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 597% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING OPTIONS TO DISABLED INDIVIDUALS AND LOW INCOME FAMILIES IN SOUTHEASTERN MICHIGAN.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,097
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,875
Fundraising Expenses $0
Program Expenses $10,883
Other Expenses $33,651
TOTAL EXPENSES $35,526

Year-over-Year Comparison

2017 2016 Change
Revenue $5,097 $122,926 -1.0%
Expenses $35,526 $90,354 -0.6%
Net Income $-30,429 $32,572 -1.9%
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
5
Independent Members
5
Employees
N/A
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
$148,138
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY YOHN OFFICER 1.00
Director
$0 $0 $0
JOANNE MAGEE CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTIAN USERA VICE-CHAIR 1.00
Officer Director
$0 $0 $0
GAYANN HARRIS MEMBER AT LA 1.00
Director
$0 $0 $0
CHRIS SEVICK CONSULTANT 1.00
Director
$0 $0 $0
KATHERINE GRANT EXECUTIVE DI 5.00
Officer
$0 $2,325 $92,925
JASON MEDEIROS DIRECTOR OF 5.00
Officer
$0 $3,463 $55,213
MELISSA FRASH SECRETARY 5.00
Officer
$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
2018 $5,097 $35,526 $14,093 $-30,429
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