GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMUNITY HOMES LAND TRUST, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $142K in total revenue in fiscal year 2024. Revenue surged 1548% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 25% operating margin.
TO ACQUIRE, OWN, DISPOSE OF, AND DEAL WITH REAL AND PERSONAL PROPERTY AND INTERESTS TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE. TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING FOR FUTURE LOW AND MODERATE INCOME RESIDENTS OF THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $141,591 | $8,594 | +15.5% |
| Expenses | $106,788 | $3,475 | +29.7% |
| Net Income | $34,803 | $5,119 | +5.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAN VAN DER WOERD | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $17,201 | $108,886 |
| ANDREW D HAKKEN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $9,009 | $99,707 |
| DEVETTA BLAKELY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JON IPPEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY KILGO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DANA DAVIS GARCIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BERNIZ CONSTANZA TERPSTRA | DIRECTOR - PART YEAR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE COVINGTON | DIRECTOR - PART YEAR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAKOTA RIEHL | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $8,976 | $83,097 |
| RYAN VER WYS | CEO | 1.00 |
Officer
|
$0 | $12,054 | $141,341 |
| MOLLY PETERSEN | VICE PRESIDENT OF FINANCE | 1.00 |
Officer
|
$0 | $0 | $103,343 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $141,591 | $106,788 | $623,236 | $34,803 |
| 2022 | $5,669 | $28,349 | $1,540,379 | $-22,680 |
Compare COMMUNITY HOMES LAND TRUST with other nonprofits in Michigan and across the country.