YPSILANTI-WASHTENAW HOUSING CORPORATION

EIN: 900501573 501(c)(3) Housing & Shelter

YPSILANTI, MI

Total Revenue
$43,161
Total Expenses
N/A
Total Assets
$988,442
Net Assets
$177,713
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MI
Principal Officer
ZACHARY FOSLER
Phone
7344824300
Tax Period
2024-07-01 to 2025-06-30

YPSILANTI-WASHTENAW HOUSING CORPORATION, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $43K in total revenue in fiscal year 2024.

Mission

TO PROVIDE, OPERATE AND MAINTAIN AFFORDABLE HOUSING THAT IS DECENT, SAFE AND SANITARY FOR PERSONS OF LOW AND MODERATE INCOME, AS WELL AS ELDERLY, HANDICAPPED, AND DISABLED PERSONS, IN YPSILANTI, MICHIGAN AND WASHTENAW COUNTY, MICHIGAN, AND TO COORDINATE SUCH EFFORTS WITH THE YPSILANTI HOUSING COMMISSION. TO EDUCATE INDIVIDUALS WHO ARE OF LOW AND MODERATE INCOME, AND/OR ESPECIALLY NEEDY, SUCH AS FOSTER PARENTS CARING FOR SPECIAL CHILDREN OR ADULTS, OR SENIORS, ON HOW TO PURCHASE AND FINANCE A HOME, EXPAND A PRESENT HOME, AND HOW TO MAINTAIN A HOME. TO PROVIDE AND PROMOTE THE EDUCATION OF INDIVIDUALS, BUSINESSES, AND GOVERNMENTAL BODIES AND AGENCIES CONCERNING ALL ASPECTS OF HOUSING ACQUISITION, FINANCE AND MAINTENANCE.

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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 $43,161
Investment Income $0
Other Revenue $0
TOTAL REVENUE $43,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $43,161 $44,071 0.0%
Expenses N/A N/A N/A
Net Income N/A $44,071 N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
E RENEE SMITH DIRECTOR, CHAIRPERSON 1.00
Director
$0 $0 $0
ARIEL MOORE DIRECTOR, VICE-CHAIRPERSON 1.00
Director
$0 $0 $0
TABITHA BOONE DIRECTOR, COMMISSIONER 1.00
Director
$0 $0 $0
VALERIE BRANNON DIRECTOR, COMMISSIONER 1.00
Director
$0 $0 $0
CLARENCE HOLIFIELD DIRECTOR, COMMISSIONER 1.00
Director
$0 $0 $0
ZACHARY FOSLER EXECUTIVE DIRECTOR 1.00
Officer 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 $43,161 No data $988,442 No data
2024 No data No data No data No data
2023 $36,305 No data $901,210 No data
2022 $33,163 No data $864,905 No data
2021 $35,069 No data $831,742 No data
2020 $35,081 No data $796,673 No data
2019 $34,231 $8,871 $761,592 $25,360
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