Northwest Michigan Rural Housing Partnership
- Assets
- $435.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Traverse City, MI
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-3499967
Organization Overview
Northwest Michigan Rural Housing Partnership is located in Traverse City, MI. The organization was established in 2019. 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, Northwest Michigan Rural Housing Partnership employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Michigan Rural Housing Partnership 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, Northwest Michigan Rural Housing Partnership generated $153.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (56.8%) each year. All expenses for the organization totaled $306.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO HELP PROVIDE SAFE, ACCESSIBLE, AND AFFORDABLE HOUSING IN NORTHWEST MICHIGAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yarrow Brown Executive Dir. | 40 | $66,358 | |
Tony Lentych Treasurer | 2 | $0 | |
Cash Cook Director | 1 | $0 | |
Craig Ardis Director | 1 | $0 | |
Sharon Oriel Secretary | 2 | $0 | |
Sarah Van Horn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,163 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,500 |
| Other Revenue | $0 |
| Total Revenue | $153,727 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $169,975 |
| Professional fees and other payments to independent contractors | $110,603 |
| Occupancy, rent, utilities, and maintenance | $5,200 |
| Printing, publications, postage, and shipping | $2,728 |
| Other expenses | $17,508 |
| Total expenses | $306,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $310,956 |
| Other assets | $0 |
| Total assets | $435,148 |
| Total liabilities | $11,615 |
| Net assets or fund balances | $423,533 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Northwest Michigan Rural Housing Partnership has recieved totaling $144,500.
| Awarding Organization | Amount |
|---|---|
Rotary Charities Of Traverse City Traverse City, MI PURPOSE: ASSETS FOR THRIVING COMMUNITIES | $50,000 |
Organization Name not Listed PURPOSE: HOUSING, SHELTER | | $30,000 |
The Leelanau Township Community Foundation Inc Northport, MI PURPOSE: GRANT TO FUND NEW HOUSING READY DIRECTOR | $30,000 |
Petoskey-Harbor Springs Area Community Foundation Petoskey, MI PURPOSE: EMMET HOUSING READY DIRECTOR | $25,000 |
Charlevoix County Community Foundation East Jordan, MI PURPOSE: Architectural drawings for ADUs | $9,500 |
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 |