FISHER HOUSE MICHIGAN

EIN: 812586691 501(c)(3) Public & Societal Benefit

ANN ARBOR, MI

Total Revenue
$1,678,757
Total Expenses
$2,025,411
Total Assets
$2,467,012
Net Assets
$1,462,477
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
BILL HOLMES
Phone
3134836543
Tax Period
2024-01-01 to 2024-12-31

FISHER HOUSE MICHIGAN, founded in 2016, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 21% operating deficit.

Mission

FISHER HOUSE MICHIGAN IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO IMPROVE THE QUALITY OF LIFE OF OUR MILITARY MEMBERS, RETIREES, VETERANS, AND THEIR FAMILIES AND CAREGIVERS. THE ORGANIZATION SUPPORTS THE CONSTRUCTION AND OPERATIONS OF COMFORT HOMES BUILT NEAR VA MEDICAL CENTERS IN MICHIGAN, CALLED ZACHARY AND ELIZABETH M. FISHER HOUSES. THE ORGANIZATION WORKS TO INFORM THE VETERAN COMMUNITY, THEIR FAMILIES, AND THE GENERAL PUBLIC ABOUT FISHER HOUSES, AND PROVIDES NECESSARY SUPPORT TO FISHER HOUSE OPERATIONS AS NEEDED. FISHER HOUSE MICHIGAN PRESENTLY SUPPORTS OPERATIONS AT THE FISHER HOUSE AT LTC CHARLES S. KETTLES VA MEDICAL CENTER IN ANN ARBOR, AND IS RAISING CAPITAL AND PROGRAM FUNDS FOR THE FUTURE HOUSE AT THE JOHN D. DINGELL VA MEDICAL CENTER IN DETROIT.

Program Service Accomplishments

Program 1
Expenses: $1,651,933

FISHER HOUSE MICHIGAN GRANTED 1,250,000 TO FISHER HOUSE FOUNDATION IN 2024 FOR BUILDING A FISHER HOUSE TO SUPPORT THE JOHN D. DINGELL VA MEDICAL CENTER IN DETROIT. ADDITIONALLY, FHM SUPPORTS THE...

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FISHER HOUSE MICHIGAN GRANTED 1,250,000 TO FISHER HOUSE FOUNDATION IN 2024 FOR BUILDING A FISHER HOUSE TO SUPPORT THE JOHN D. DINGELL VA MEDICAL CENTER IN DETROIT. ADDITIONALLY, FHM SUPPORTS THE ONGOING NEEDS OF FAMILIES STAYING IN THE VA ANN ARBOR FISHER HOUSE. WHILE VETERAN FAMILY MEMBERS ARE SUPPORTING THEIR HOSPITALIZED LOVED ONES, FHM GRANTS THE VA ANN ARBOR FISHER HOUSE MONTHLY FUNDS FOR GROCERIES, HOLIDAY MEALS, SMALL REPAIRS, HOTEL STAYS FOR GUESTS WHEN THE HOUSE IS FULL, AND MORE. THE FHM BOARD OF DIRECTORS IS COMMITTED TO ENSURING THAT VETERAN FAMILIES WILL INCUR NO OUT-OF-POCKET EXPENSES RELATED TO THEIR STAY IN THE VA ANN ARBOR FISHER HOUSE, AS FISHER HOUSE MICHIGAN FILLS THE GAPS IN ANY SUPPORTIVE SERVICES THE VA PROVIDES.

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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 $1,649,054
Program Service Revenue $0
Investment Income $71,996
Other Revenue $-42,293
TOTAL REVENUE $1,678,757

Expense Breakdown

Grants Paid $1,573,358
Salaries & Benefits $310,054
Fundraising Expenses $151,615
Program Expenses $1,651,933
Other Expenses $141,999
TOTAL EXPENSES $2,025,411

Year-over-Year Comparison

2024 2023 Change
Revenue $1,678,757 $1,747,244 0.0%
Expenses $2,025,411 $1,761,007 +0.2%
Net Income $-346,654 $-13,763 +24.2%
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
15
Independent Members
15
Employees
6
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
$144,221
Total Directors
16
$144,221
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE MELCHER EXECUTIVE DI 40.00
Officer Director
$144,221 $0 $144,221
BILL HOLMES PRESIDENT 5.00
Officer Director
$0 $0 $0
ANDY HOVE VICE PRESIDE 5.00
Officer Director
$0 $0 $0
HARVEY BERMAN SECRETARY 5.00
Officer Director
$0 $0 $0
MELISSA JOHNSON TREASURER 5.00
Officer Director
$0 $0 $0
NANCY DAKIN DIRECTOR 2.00
Director
$0 $0 $0
SAM KENNEDY DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
JIM MCCLOUGHAN DIRECTOR 2.00
Director
$0 $0 $0
CARRIE MEAD DIRECTOR 2.00
Director
$0 $0 $0
CEMONE MOY DIRECTOR 2.00
Director
$0 $0 $0
MARK PALMUCCI DIRECTOR 2.00
Director
$0 $0 $0
RICHARD SCHMIDT DIRECTOR 2.00
Director
$0 $0 $0
DOUG SLOCUM DIRECTOR 2.00
Director
$0 $0 $0
WARREN SPONSLER DIRECTOR 2.00
Director
$0 $0 $0
MARK TELLIER DIRECTOR 2.00
Director
$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 $1,678,757 $2,025,411 $2,467,012 $-346,654
2023 $1,747,244 $1,761,007 $1,810,483 $-13,763
2022 $1,387,318 $1,434,669 $1,748,009 $-47,351
2021 $1,161,438 $807,689 $1,851,835 $353,749
2020 $1,009,750 $306,775 $1,432,622 $702,975
2019 $2,165,131 $2,223,912 $1,668,365 $-58,781
2018 $995,246 $1,087,411 $724,160 $-92,165
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