Grand Traverse Area Independent Non-Profit Housing Corporation is located in Traverse City, MI. The organization was established in 1983. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Traverse Area Independent Non-Profit Housing Corporation 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 12/2022, Grand Traverse Area Independent Non-Profit Housing Corporation generated $126.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $147.8k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDESAFEAFFORDABLEHOUSINGFOR18ADULTSWITHDEVELOPMENTALAND ORINTELLECTUALDISABILITIES.RENOVATEAPARTMENTSANDUPGRADETHEFACILITIESTOIMPROVETHEQUALITYOFLIFEFORTENANTS.MAINTAINGROUNDSANDSERVICESTOKEEPTHEPROPERTYCLEANANDATTRACTIVE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Sonnemann Board President | 2 | $0 | |
Diana Longton Board Secretary | 3 | $0 | |
Kathy Britten Director | 1 | $0 | |
Bj Brick Board Vice President | 1 | $0 | |
Bob Brick Director | 1 | $0 | |
Jessica Ashmore Board Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,980 |
Total Program Service Revenue | $106,490 |
Membership dues | $0 |
Investment income | $234 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,429 |
Total Revenue | $126,133 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $89,209 |
Printing, publications, postage, and shipping | $652 |
Other expenses | $57,939 |
Total expenses | $147,800 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,917 |
Other assets | $0 |
Total assets | $217,942 |
Total liabilities | $174,420 |
Net assets or fund balances | $43,522 |
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