Grange Acres Non Profit Housing Corporation

Organization Overview

Grange Acres Non Profit Housing Corporation is located in Lansing, MI. The organization was established in 1976. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grange Acres Non Profit Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2024, Grange Acres Non Profit Housing Corporation generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.0m during the year ending 06/2024. While expenses have increased by 5.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING TO LOW INCOME SENIORS AGE 62 OR OLDER AND HANDICAPPED INDIVIDUALS AGE 55 OR OLDER

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL OF APARTMENTS TO LOW INCOME SENIOR CITIZENS AGE 62 OR OLDER AND HANDICAPPED INDIVIDUALS AGE 55 OR OLDER. THE HOUSING PROJECT INCLUDES 104 UNITS.


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Board, Officers & Key Employees

Name (title)Compensation
Sharon Popler
Director
$0
Peggy Johnston
Director
$0
Mikki Droste
Secretary
$0
Katie Vondra
Vice President
$0
Thomas J Lapka
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,012,232
Investment income $3,832
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,016,064

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