Kalamazoo Neighborhood Housing Services Inc

Organization Overview

Kalamazoo Neighborhood Housing Services Inc is located in Kalamazoo, MI. The organization was established in 1982. 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. As of 12/2023, Kalamazoo Neighborhood Housing Services Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalamazoo Neighborhood Housing Services Inc 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 12/2023, Kalamazoo Neighborhood Housing Services Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $4.2m during the year ending 12/2023. While expenses have increased by 17.4% 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

IT IS THE MISSION OF KALAMAZOO NEIGHBORHOOD HOUSING SERVICES (KNHS), TOGETHER WITH RESIDENTS AND COMMUNITY PARTNERS, TO REVITALIZE NEIGHBORHOODS AND PROMOTE COMPREHENSIVE STRATEGIES THAT FOSTER HOMEOWNERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOME OWNERSHIP - KNHS PROVIDES HOME BUYER EDUCATION CLASSES, CREDIT COUNSELING, FORECLOSURE PREVENTION AND FINANCIAL READINESS SERVICES. THESE SERVICES ARE PROVIDED TO CLIENTS THAT PREPARE THEM FOR HOMEOWNERSHIP OR KEEP THEIR EXISTING HOMES, FURTHERING ITS MISSION OF FOSTERING HOMEOWNERSHIP.


PROPERTY MANAGEMENT AND RENTAL - THROUGH ITS COMMUNITY PARTNERS, KNHS BUILDS AND REHABILITATES HOMES, SELLING TO LOW- AND MODERATE-INCOME FAMILIES AFTER COMPLETION OF HOME BUYER EDUCATION CLASSES. THESE SERVICES FULFILL THE ORGANIZATION'S MISSION OF REVITALIZING NEIGHBORHOODS AND FOSTERING HOMEOWNERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Beth Mccann
Executive Di
$113,334
Hayward Babineaux
Board Member
$0
Dan Coffman
Treasurer
$0
Shelby Donaldson
Board Member
$0
Fran Dwight
Board Member
$0
Greg Miliken
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Flory Construction Llc
Construction
$313,700
Legends Prof Property Services
Construction
$286,800
Across The Board Llc
Construction
$223,166
Perpetual Motion Construction
Construction
$196,867
Abatement Building Specialists
Construction
$165,750
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,886,126
All other contributions, gifts, grants, and similar amounts not included above$1,122,389
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,008,515
Total Program Service Revenue$452,128
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$580,733
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,939,411

Peer Organizations

Organization NameAssets
Crf Affordable Housing Inc
Plainfield, IN
$22,065,905
Milwaukee Habitat For Humanity
Milwaukee, WI
$17,897,176
Habitat For Humanity International Inc
Cincinnati, OH
$21,403,808
Taylor Community Development Corp
Taylor, MI
$15,218,096
Habitat For Humanity International Inc
Indianapolis, IN
$13,788,230
Buckeye Community Hope Foundation
Columbus, OH
$13,131,030
Caracole Inc
Cincinnati, OH
$12,508,692
Affordable Housing Partners Inc
Carmel, IN
$11,200,231
Famicos Foundation Inc
Cleveland, OH
$8,850,923
Mht Housing Inc
Bingham Farms, MI
$61,326,212
Avalon Nonprofit Housing Corp
Ann Arbor, MI
$9,644,768
Western Reserve Revitalization & Management Co
Cleveland, OH
$9,660,928
Excel Development Co Inc
Cincinnati, OH
$9,197,757
Habitat For Humanity International Inc
Menasha, WI
$10,354,475
Miami Valley Housing Opportunities Inc
Dayton, OH
$9,714,455
Pines Village Retirement Communities Inc
Valparaiso, IN
$6,678,185
Habitat For Humanity East Central Ohio Inc
Canton, OH
$15,290,112
Saints Incorporated
Wayne, MI
$9,329,711
National Affordable Housing Trust Inc
Columbus, OH
$9,030,315
Habitat For Humanity International Inc
Madison, WI
$7,444,212
Habitat For Humanity Of Greater Fort Wayne Inc
Fort Wayne, IN
$8,768,853
Columbus Housing Partnership Inc
Columbus, OH
$9,893,694
Habitat For Humanity International Inc
Cleveland, OH
$8,959,199
Homes Of Opportunity Incorporated
Grand Rapids, MI
$7,041,682
Habitat For Humanity International Inc
Ann Arbor, MI
$7,026,231

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