Independent Choice Non-Profit Hsng
- Assets
- $393.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Troy, MI
- Founding
- 03/2008
- Data as of
- 09/2022
- EIN
- 20-5845876
Organization Overview
Independent Choice Non-Profit Hsng is located in Troy, MI. The organization was established in 2008. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Choice Non-Profit Hsng is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Independent Choice Non-Profit Hsng generated $49.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $61.9k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RENTAL OF HOMES TO PERSONS WITH LOW INCOME AND THOSE WITH SPECIAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas H Landry Board Member | 0.5 | $0 | |
Arketa Williams Board Member | 0.5 | $0 | |
Elmer Cerano Board Member | 0.5 | $0 | |
Paul T Landry Board Member | 0.5 | $0 | |
Mark Wiedelman Board Member | 0.5 | $0 | |
Makisha Reed Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $37,452 |
| Membership dues | $0 |
| Investment income | $1,552 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,004 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,950 |
| Occupancy, rent, utilities, and maintenance | $30,489 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $26,459 |
| Total expenses | $61,945 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,166 |
| Other assets | $0 |
| Total assets | $393,368 |
| Total liabilities | $489,032 |
| Net assets or fund balances | -$95,664 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Famicos Foundation Inc Cleveland, OH | $56,363,268 | $13,331,115 |
Mht Housing Inc Bingham Farms, MI | $103,750,395 | $19,352,676 |
Excel Development Co Inc Cincinnati, OH | $14,214,242 | $8,847,104 |
Miami Valley Housing Opportunities Inc Dayton, OH | $17,399,456 | $7,922,561 |
Habitat For Humanity International Inc Madison, WI | $16,210,690 | $8,401,610 |
Crf Affordable Housing Inc Plainfield, IN | $71,328,382 | $70,095,090 |
National Affordable Housing Trust Inc Columbus, OH | $12,512,765 | $8,943,724 |
Saints Incorporated Wayne, MI | $4,505,745 | $8,843,014 |
Columbus Housing Partnership Inc Columbus, OH | $57,775,833 | $13,476,247 |
Homes Of Opportunity Incorporated Grand Rapids, MI | $1,211,913 | $7,041,682 |
Habitat For Humanity International Inc Menasha, WI | $15,348,102 | $7,467,447 |