Kalamazoo Neighborhood Housing Services Inc
- Assets
- $6.4m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 18
- Location
- Kalamazoo, MI
- Founding
- 03/1982
- Data as of
- 12/2021
- EIN
- 38-2391442
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 12/2021, Kalamazoo Neighborhood Housing Services Inc employed 18 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 12/2021, Kalamazoo Neighborhood Housing Services Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 14.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
LEASE PURCHASE- KNHS OFFERS AFFORDABLE, ATTRACTIVE HOUSES THROUGH A LEASE PURCHASE PROGRAM. DURING THE LEASE PORTION OF THE PROGRAM, KNHS WORKS WITH THE CLIENT TO ENSURE MORTGAGE READINESS. KNHS HELPS CLIENTS NAVIGATE THE PRE-PURCHASE MORTGAGE PROCESS.
HOME REHAB - IN ORDER TO FULFILL ITS MISSION OF REVITALIZING NEIGHBORHOODS AND FOSTERING HOMEOWNERSHIP, KNHS STRATEGICALLY OFFERS HOME REPAIR SERVICES IN A TARGETED MANNER THAT MEET PRESSING NEEDS IN THE NEIGHBORHOODS WE SERVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seber Tans Plc CFO | Officer | 1 | $98,091 |
Matt Lager Past Exec Di | Officer | 40 | $95,840 |
Jaclyn Schmidt Vice Preside | OfficerTrustee | 1 | $0 |
Dan Coffman Treasurer | OfficerTrustee | 1 | $0 |
Deziray Motton Secretary | OfficerTrustee | 1 | $0 |
Jon Werme President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $64,956 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,214,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,655,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,934,727 |
| Total Program Service Revenue | $446,080 |
| Investment income | $3,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$67,365 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$130,119 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,446,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,840 |
| Compensation of current officers, directors, key employees. | $8,626 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $841,880 |
| Pension plan accruals and contributions | $21,831 |
| Other employee benefits | $95,281 |
| Payroll taxes | $59,475 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,264 |
| Fees for services: Accounting | $117,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,004 |
| Advertising and promotion | $11,161 |
| Office expenses | $82,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,609 |
| Travel | $9,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,899 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,856 |
| Insurance | $81,168 |
| All other expenses | $39,143 |
| Total functional expenses | $2,511,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,069,170 |
| Savings and temporary cash investments | $517,679 |
| Pledges and grants receivable | $1,448,421 |
| Accounts receivable, net | $126,633 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,121,340 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,710 |
| Net Land, buildings, and equipment | $751,370 |
| Investments—publicly traded securities | $4,001 |
| Investments—other securities | $0 |
| Investments—program-related | $53,348 |
| Intangible assets | $0 |
| Other assets | $1,298,777 |
| Total assets | $6,398,449 |
| Accounts payable and accrued expenses | $576,137 |
| Grants payable | $0 |
| Deferred revenue | $518,031 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $33,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,126,273 |
| Total liabilities | $2,253,706 |
| Net assets without donor restrictions | $2,696,596 |
| Net assets with donor restrictions | $1,448,147 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,398,449 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Kalamazoo Neighborhood Housing Services Inc has recieved totaling $1,597,405.
| Awarding Organization | Amount |
|---|---|
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: GENERAL OPERATING SUPPORT | $750,000 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: MAY BE USED TO SUPPORT THE OBJECTIVES OF CPFCU AT THE DISCRETION OF KNHS | $300,000 |
Kalamazoo Community Foundation Kalamazoo, MI PURPOSE: HOUSING & SHELTER | $146,500 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $145,000 |
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: ARPA RESPONSIVE GRANT | $100,000 |
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: NEW HOMEOWNER SERVICES | $49,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Western Reserve Revitalization & Management Co Cleveland, OH | $81,496,475 | $17,708,509 |
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 |