GREAT LAKES CHRISTIAN HOMES NONPROFIT CORPORATION

EIN: 510139244 501(c)(3) Housing & Shelter

HOLT, MI

Total Revenue
$2,942,234
Total Expenses
$2,657,958
Total Assets
$7,814,165
Net Assets
$2,455,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MI
Principal Officer
LYNDA OLINSKI
Phone
2607499655
Tax Period
2022-07-01 to 2023-06-30

GREAT LAKES CHRISTIAN HOMES NONPROFIT CORPORATION, founded in 1973, is a community nonprofit in the Housing & Shelter sector that reported $2.9M in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $2.7M left a modest 10% surplus.

Mission

GREAT LAKES CHRISTIAN HOMES IS A NOT-FOR-PROFIT ORGANIZATION AND INDEPENDENT LIVING CENTER THAT EXISTS FOR THE PURPOSE OF MEETING THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE AGING POPULATION WITH SUPPORT SERVICES. GREAT LAKES CHRISTIAN HOMES IS DESIGNED TO PROVIDE HIGH QUALITY CARE AND PROMOTE THE BEST INTEREST OF EACH PERSON WITHIN THE HOME BY ENCOURAGING PEOPLE TO FUNCTION PHYSICALLY AND INTELLECTUALLY AT THE HIGHEST PRACTICAL LEVEL. WE ARE COMMITTED TO HELPING FAMILIES IN ANY WAY WE CAN TO MAKE DIFFERENCE IN SOMEONE'S LIFE. WE OFFER ASSISTANCE TO FOSTER DIGNITY BY PROMOTING ACTIVITIES AND NURTURING RELATIONSHIPS THAT HAVE MEANING FOR EACH RESIDENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,348
Program Service Revenue $2,820,719
Investment Income $57,720
Other Revenue $53,447
TOTAL REVENUE $2,942,234

Expense Breakdown

Grants Paid $0
Salaries & Benefits $868,199
Fundraising Expenses $0
Program Expenses $2,280,584
Other Expenses $1,789,759
TOTAL EXPENSES $2,657,958

Year-over-Year Comparison

2022 2021 Change
Revenue $2,942,234 $3,195,079 -0.1%
Expenses $2,657,958 $2,621,306 +0.0%
Net Income $284,276 $573,773 -0.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
40
Volunteers
9

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
8
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR GEORGE BULLION BOARD MEMBER 1.0
Director
$0 $0 $0
MICHAEL CARPENTER BOARD MEMBER 1.0
Director
$0 $0 $0
DALE D DEAN BOARD MEMBER 1.0
Director
$0 $0 $0
CYNDY ELICK CHAIR 1.0
Officer Director
$0 $0 $0
JOHN HARRIS BOARD MEMBER 1.0
Director
$0 $0 $0
JOE HEINS BOARD MEMBER 1.0
Director
$0 $0 $0
RAY MCINTOSH BOARD MEMBER 1.0
Director
$0 $0 $0
DONNA MISNER VICE CHAIR 1.0
Officer Director
$0 $0 $0
THOMAS PHILLIPS BOARD MEMBER 1.0
Director
$0 $0 $0
DON SCHMIDT BOARD MEMBER 1.0
Director
$0 $0 $0
LINDA SMITH BOARD MEMBER 1.0
Director
$0 $0 $0
ANDREA VAN WYNGARDEN BOARD MEMBER 1.0
Director
$0 $0 $0
JEANNINE N B VILLARREAL BOARD MEMBER 1.0
Director
$0 $0 $0
STEVE SCHAAF PRESIDENT 5.0
Officer
$0 $0 $0
SCOTT MARTIN TREASURER 0.4
Officer
$0 $0 $0
ERIC HERSHBERGER ASSISTANT TREASURER 0.4
Officer
$0 $0 $0
RYDELL BONTRAGER SECRETARY 0.3
Officer
$0 $0 $0
AIMEE RIEMKE ASSISTANT SECRETARY 0.2
Officer
$0 $0 $0
DALE SHENK LEFT 1022 ASSISTANT TREASURER 0.4
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,942,234 $2,657,958 $7,814,165 $284,276
2022 $3,195,079 $2,621,306 $8,970,649 $573,773
2021 $3,183,516 $2,396,614 $8,317,119 $786,902
2020 $3,151,599 $2,407,381 $6,773,378 $744,218
2018 $2,989,967 $2,194,536 $5,691,188 $795,431
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