TIVOLI NON-PROFIT HOUSING CORPORATION

EIN: 454824004 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$28,162
Total Expenses
$127,638
Total Assets
$1,007,127
Net Assets
$1,000,693
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2024-01-01 to 2024-12-31

TIVOLI NON-PROFIT HOUSING CORPORATION, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $28K in total revenue in fiscal year 2024. Expenses of $128K exceeded revenue, resulting in a 353% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $127,638 Revenue: $28,162

TIVOLI NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT HOUSING CORPORATION AND ORGANIZED ON A NON-STOCK BASIS BY CSI SUPPORT & DEVELOPMENT SERVICES, A MICHIGAN NON-PROFIT CORPORATION. THE...

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TIVOLI NON-PROFIT HOUSING CORPORATION IS A MICHIGAN NON-PROFIT HOUSING CORPORATION AND ORGANIZED ON A NON-STOCK BASIS BY CSI SUPPORT & DEVELOPMENT SERVICES, A MICHIGAN NON-PROFIT CORPORATION. THE CORPORATION WAS FORMED TO ACQUIRE AND OPERATE AN APARTMENT BUILDING CONSISTING OF 80 APARTMENT UNITS IN WARREN, MICHIGAN. HOUSING IS PROVIDED TO LOW INCOME SENIORS IN COOPERATION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.ON 2/12/2014 TIVOLI MANOR LDHA, LP PURCHASED THE PROJECT. TIVOLI NON-PROFIT HOUSING CORPORATION NOW FUNDS TIVOLI MANOR LDHA, LP THROUGH A SELLER CARRYBACK LOAN AND IS THE GENERAL PARTNER OF THE AFOREMENTIONED PARTNERSHIP. ON A GO FORWARD BASIS, THE MAIN PURPOSE OF THIS ENTITY WILL BE A FINANCING ARM OF THE LOW INCOME PROJECT ALONGSIDE CARRYING OUT GENERAL PARTNER DUTIES.

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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 $0
Program Service Revenue $28,162
Investment Income $0
Other Revenue $0
TOTAL REVENUE $28,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $127,638
Other Expenses $127,638
TOTAL EXPENSES $127,638

Year-over-Year Comparison

2024 2023 Change
Revenue $28,162 $28,085 +0.0%
Expenses $127,638 $16 +7976.4%
Net Income $-99,476 $28,069 -4.5%
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
13
Independent Members
13
Employees
N/A
Volunteers
15

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
2024 $28,162 $127,638 $1,007,127 $-99,476
2023 $28,085 $16 $1,106,603 $28,069
2022 $28,076 No data $1,078,534 No data
2021 $28,063 No data $1,050,458 No data
2020 $28,150 No data $1,022,395 No data
2019 $28,140 No data $994,245 No data
2018 $27,988 No data $966,105 No data
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