OCEANA COUNTY HOUSING COMMISSION NONPROFIT CORPORATION

EIN: 453576131 501(c)(3) Housing & Shelter

HART, MI

Total Revenue
$700,833
Total Expenses
$172,307
Total Assets
$1,745,958
Net Assets
$1,681,560
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MI
Principal Officer
KITTIE TUINSTRA
Phone
2318732222
Tax Period
2024-01-01 to 2024-12-31

OCEANA COUNTY HOUSING COMMISSION NONPROFIT CORPORATION, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $701K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $529K, a strong 75% operating margin.

Mission

THE PURPOSE OF THE OCEANA COUNTY HOUSING COMMISSION NONPROFIT CORPORATION IS TO PROVIDE DECENT, SAFE, AFFORDABLE, AND SANITARY HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF OCEANA COUNTY, MICHIGAN. THE OCEANA COUNTY HOUSING COMMISSION NONPROFIT CORPORATION WILL WORK CLOSELY WITH THE OCEANA HOUSING COMMISSION, A CORPORATE BODY PUBLIC IN ACCOMPLISHING ITS MISSION.

Program Service Accomplishments

Program 1
Expenses: $153,913 Revenue: $694,920

THE ORGANIZATION EXISTS TO RAISE FUNDS FOR AND ASSIST IN CREATING PUBLIC HOUSING IN OCEANA COUNTY, MICHIGAN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,373
Program Service Revenue $693,978
Investment Income $4,540
Other Revenue $942
TOTAL REVENUE $700,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,146
Fundraising Expenses $0
Program Expenses $153,913
Other Expenses $35,161
TOTAL EXPENSES $172,307

Year-over-Year Comparison

2024 2023 Change
Revenue $700,833 $356,099 +1.0%
Expenses $172,307 $341,164 -0.5%
Net Income $528,526 $14,935 +34.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
4
Volunteers
6

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
$101,023
Total Directors
5
$613
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TERZANO DIRECTOR 0.50
Director
$613 $0 $613
ROSS FIELD DIRECTOR 0.50
Director
$0 $0 $0
RON CHRISTIANS DIRECTOR 0.50
Director
$0 $0 $0
PAUL INGLIS SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
DAVE SPITLER PRESIDENT 0.50
Officer Director
$0 $0 $0
KITTIE TUINSTRA EXECUTIVE DIRECTOR 40.00
Officer
$86,400 $14,623 $101,023
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
2024 $700,833 $172,307 $1,745,958 $528,526
2023 $356,099 $341,164 $1,251,500 $14,935
2022 $812,347 $122,722 $1,468,854 $689,625
2021 $350,770 $295,547 $496,176 $55,223
2020 $148,881 $29,147 $521,936 $119,734
2019 $237,840 $64,186 $358,181 $173,654
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare OCEANA COUNTY HOUSING COMMISSION NONPROFIT CORPORATION with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.