Sturgis Neighborhood Program
- Assets
- $278.9k
- Revenue
- $123.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Sturgis, MI
- Founding
- 01/1992
- Data as of
- 09/2022
- EIN
- 38-2987859
Organization Overview
Sturgis Neighborhood Program is located in Sturgis, MI. The organization was established in 1992. 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. Sturgis Neighborhood Program 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, Sturgis Neighborhood Program generated $123.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $126.9k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE LIVING CONDITIONS IN STURGIS BY PROVIDING QUALITY, AFFORDABLE HOUSING AND HOME OWNERSHIP OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURRENTLY RENTING UNITS TO LOW-INCOME FAMILIES. ALSO, BUILDING AND RENOVATING HOMES TO SELL TO QUALIFYING LOW-INCOME FAMILIES.
SUPPORT LOCAL HIGH SCHOOL'S CTE CONSTRUCTION TRADES. THIS GROUP PROVIDES LABOR ON THE HOMES BEING BUILT BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Smith Executive Di | Trustee | 40 | $71,883 |
Stephen Merchant Vice-Preside | OfficerTrustee | 1 | $0 |
Tracey Parker President | OfficerTrustee | 1 | $0 |
Stacie Beppler Secretary/tr | OfficerTrustee | 1 | $0 |
Lee Austermann Director | Trustee | 1 | $0 |
Bob Frays Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,896 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,296 |
| Total Program Service Revenue | $10,983 |
| Investment income | $39 |
| 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 | $7,682 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| 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. | $74,937 |
| Compensation of current officers, directors, key employees. | $14,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $229 |
| Payroll taxes | $6,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $927 |
| Advertising and promotion | $0 |
| Office expenses | $1,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,363 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,274 |
| Insurance | $1,933 |
| All other expenses | $4,621 |
| Total functional expenses | $126,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,015 |
| Savings and temporary cash investments | $20,128 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $198,823 |
| Prepaid expenses and deferred charges | $978 |
| Net Land, buildings, and equipment | $52,318 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $627 |
| Total assets | $278,889 |
| Accounts payable and accrued expenses | $9,220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $175,000 |
| Unsecured mortgages and notes payable | $20,005 |
| Other liabilities | $627 |
| Total liabilities | $204,852 |
| Net assets without donor restrictions | $74,037 |
| Net assets with donor restrictions | $0 |
| 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 | $278,889 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sturgis Neighborhood Program has recieved totaling $25,589.
| Awarding Organization | Amount |
|---|---|
Sturgis Area Community Foundation Sturgis, MI PURPOSE: GENERAL SUPPORT | $16,589 |
St Joseph County United Fund Centreville, MI PURPOSE: OPERATING ASSISTANCE FROM COMMUNITY | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gene B Glick Family Housing Foundation Inc Indianapolis, IN | $374,839,062 | $69,361,551 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Integrated Community Services Inc Green Bay, WI | $950,571 | $23,339,700 |
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 |