WALKER NON-PROFIT HOUSING CORP

EIN: 383329883 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$915,129
Total Expenses
$1,101,904
Total Assets
$3,908,661
Net Assets
$3,662,648
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MD
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2023-07-01 to 2024-06-30

WALKER NON-PROFIT HOUSING CORP, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $915K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $877,308 Revenue: $420,530

WALKER NON-PROFIT HOUSING CORPORATION, IS A MARYLAND 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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WALKER NON-PROFIT HOUSING CORPORATION, IS A MARYLAND NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED JUNE 19, 1998 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN BALTIMORE, MARYLAND AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 88 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 $486,752
Program Service Revenue $420,530
Investment Income $2,868
Other Revenue $4,979
TOTAL REVENUE $915,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $877,308
Other Expenses $1,101,904
TOTAL EXPENSES $1,101,904

Year-over-Year Comparison

2023 2022 Change
Revenue $915,129 $999,892 -0.1%
Expenses $1,101,904 $1,039,899 +0.1%
Net Income $-186,775 $-40,007 +3.7%
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
25

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
$588,933
Total Directors
18
$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
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $37,025 $236,633
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $65,434 $352,300
ALEX AHO FORMER DIRECTOR 0.10
Officer Director
$0 $0 $0
MARIETTA MARTIN DIRECTOR 0.10
Director
$0 $0 $0
DEANIE ROBINSON DIRECTOR 0.10
Director
$0 $0 $0
GLORIA HARRIS DIRECTOR 0.10
Director
$0 $0 $0
MARY DALESSANDRO DIRECTOR 0.10
Director
$0 $0 $0
SHIRLEY MORELAND DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
JUDY ROBERTS DIRECTOR 0.10
Director
$0 $0 $0
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG FORMER DIRECTOR 0.10
Director
$0 $0 $0
RILLAR MCDANIEL 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 MANAGER 0.10
Highest
$0 $52,900 $247,688
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 0.10
Highest
$0 $63,515 $258,188
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $50,953 $229,476
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 $915,129 $1,101,904 $3,908,661 $-186,775
2023 $999,892 $1,039,899 $4,092,193 $-40,007
2022 $837,535 $942,751 $3,956,914 $-105,216
2021 $797,355 $988,775 $4,078,913 $-191,420
2020 $744,070 $913,777 $4,258,117 $-169,707
2019 $724,131 $829,404 $4,423,738 $-105,273
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