WYOMING NON-PROFIT HOUSING CORP

EIN: 843282781 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$1,740,636
Total Expenses
$2,419,925
Total Assets
$9,257,922
Net Assets
$-2,311,718
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MI
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2024-01-01 to 2024-12-31

WYOMING NON-PROFIT HOUSING CORP, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $2.4M exceeded revenue, resulting in a 39% operating deficit.

Mission

PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME.

Program Service Accomplishments

Program 1
Expenses: $2,067,021 Revenue: $1,724,471

THE CORPORATION HAS BEEN ORGANIZED UNDER ACT NO. 346 OF THE MICHIGAN PUBLIC ACTS OF 1966, AS AMENDED (THE "ACT"), EXCLUSIVELY TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME AND...

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THE CORPORATION HAS BEEN ORGANIZED UNDER ACT NO. 346 OF THE MICHIGAN PUBLIC ACTS OF 1966, AS AMENDED (THE "ACT"), EXCLUSIVELY TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME AND IN GENERAL TO CARRY ON ANY BUSINESS IN CONNECTION THEREWITH AND INCIDENT THERETO NOT INCONSISTENT WITH THE ACT, AND WITH ALL POWERS CONFERRED UPON NON-PROFIT CORPORATIONS BY THE STATE OF MICHIGAN. THE CORPORATION SHALL ALSO PROVIDE ANY SOCIAL, RECREATIONAL, COMMERCIAL AND COMMUNAL FACILITIES NECESSARY TO SERVE AND IMPROVE A RESIDENTIAL AREA IN WHICH AUTHORITY-AIDED OR FEDERALLY-AIDED HOUSING IS LOCATED OR IS PLANNED TO BE LOCATED, THEREBY ENHANCING THE VIABILITY OF THE HOUSING.

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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 $1,724,280
Investment Income $2,491
Other Revenue $13,865
TOTAL REVENUE $1,740,636

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,067,021
Other Expenses $2,419,925
TOTAL EXPENSES $2,419,925

Year-over-Year Comparison

2024 2023 Change
Revenue $1,740,636 $1,674,578 +0.0%
Expenses $2,419,925 $2,170,774 +0.1%
Net Income $-679,289 $-496,196 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
8
$613,148
Total Directors
16
$613,148
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYLE MOREY PRESIDENT 0.10
Officer Director
$0 $0 $0
MARY DALESSANDRO VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
SHIRLEY MORELAND TREASURER 0.10
Officer Director
$0 $0 $0
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $38,191 $245,105
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $69,471 $368,043
GERALD MAHOM JR 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
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG DIRECTOR 0.10
Director
$0 $0 $0
GINA CARTER DIRECTOR 0.10
Director
$0 $0 $0
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $43,767 $220,392
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $28,825 $213,583
DIANE SMITH NATIONAL DEVELOPMENT MANAGER 0.10
Highest
$0 $55,737 $259,515
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 0.10
Highest
$0 $66,377 $269,361
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $54,786 $242,844
ANNIE MITCHELL FORMER PRESIDENT 0.10
Officer Director
$0 $0 $0
GLORIA PARRIS FORMER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JUDY ROBERTS FORMER DIRECTOR 0.10
Director
$0 $0 $0
MARIETTA MARTIN FORMER DIRECTOR 0.10
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
2024 $1,740,636 $2,419,925 $9,257,922 $-679,289
2023 $1,674,578 $2,170,774 $9,550,636 $-496,196
2022 $1,707,119 $2,146,355 $9,558,396 $-439,236
2021 $1,590,636 $1,962,439 $9,704,934 $-371,803
2020 $1,544,927 $1,865,957 $10,475,138 $-321,030
2019 $11,503 $15,667 $9,885,078 $-4,164
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