COMMUNITY HOUSE FOUNDATION

EIN: 821068586 501(c)(3) Community Improvement

BIRMINGHAM, MI

Total Revenue
$181,176
Total Expenses
$460,681
Total Assets
$25,060
Net Assets
$-244,148
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MI
Principal Officer
Alison Gaudreau
Phone
2486445832
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY HOUSE FOUNDATION, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $181K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $461K exceeded revenue, resulting in a 154% operating deficit.

Mission

Secure philanthropic funds that are critical in our ability to deliver a variety of quality programs and services to the community as well as raise funds and awareness for the preservation of the Community House and its historic building.

Program Service Accomplishments

Program 1
Expenses: $261,315

Secure philanthropic funds that are critical in our ability to deliver a variety of quality programs and services to the community as well as raise funds and awareness for the preservation of the...

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Secure philanthropic funds that are critical in our ability to deliver a variety of quality programs and services to the community as well as raise funds and awareness for the preservation of the Community House and its historic building.

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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 $63,328
Program Service Revenue $0
Investment Income $1,556
Other Revenue $116,292
TOTAL REVENUE $181,176

Expense Breakdown

Grants Paid $261,315
Salaries & Benefits $160,822
Fundraising Expenses $199,366
Program Expenses $261,315
Other Expenses $38,544
TOTAL EXPENSES $460,681

Year-over-Year Comparison

2024 2023 Change
Revenue $181,176 $509,421 -0.6%
Expenses $460,681 $1,958,461 -0.8%
Net Income $-279,505 $-1,449,040 -0.8%
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
N/A
Independent Members
N/A
Employees
6
Volunteers
30

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
$260,011
Total Directors
5
$260,011
Key Employees
1
$125,145
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt McCormick Secretary 1.00
Officer Director
$0 $0 $0
William D Seklat President/CEO - July through Dec 15.00
Officer Director
$0 $0 $260,011
Brad Wolf Past Chair 1.00
Officer Director
$0 $0 $0
Jacob Taylor Director 1.00
Director
$0 $0 $0
Chris Smude Executive Vice President 20.00
Key Emp
$55,169 $9,659 $125,145
Mallory Kallabat Director 1.00
Director
$0 $0 $0
Jess Berline Director 1.00
$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 $181,176 $460,681 $25,060 $-279,505
2024 No data No data No data No data
2023 $569,791 $1,361,200 $2,157,727 $-791,409
2022 $734,707 $1,195,675 $2,790,745 $-460,968
2021 $1,051,578 $960,083 $3,491,572 $91,495
2020 $859,559 $976,096 $2,669,425 $-116,537
2019 $884,293 $1,033,111 $2,989,122 $-148,818
2018 $3,579,644 $546,276 $3,186,288 $3,033,368
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