Wyoming Non-Profit Housing Corporation is located in Warren, MI. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Wyoming 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 12/2021, Wyoming Non-Profit Housing Corporation generated $1.6m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 400.3% per year over the past 3 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
PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION HAS BEEN ORGANIZED UNDER ACT NO. 346 OF THE MICHIGAN PUBLIC ACTS OF 1966, AS AMENDED (THE "ACT"), EXCLUSIVELY TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME AND IN GENERAL TO CARRY ON ANY BUSINESS IN CONNECTION THEREWITH AND INCIDENT THERETO NOT INCONSISTENT WITH THE ACT, AND WITH ALL POWERS CONFERRED UPON NON-PROFIT CORPORATIONS BY THE STATE OF MICHIGAN. THE CORPORATION SHALL ALSO PROVIDE ANY SOCIAL, RECREATIONAL, COMMERCIAL AND COMMUNAL FACILITIES NECESSARY TO SERVE AND IMPROVE A RESIDENTIAL AREA IN WHICH AUTHORITY-AIDED OR FEDERALLY-AIDED HOUSING IS LOCATED OR IS PLANNED TO BE LOCATED, THEREBY ENHANCING THE VIABILITY OF THE HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rillar Mcdaniel Vice President | OfficerTrustee | 0.1 | $0 |
Annie Mitchell President | OfficerTrustee | 0.1 | $0 |
Jeri Draughon Secretary | OfficerTrustee | 0.1 | $0 |
Cindy Lamb Assistant Treasurer | OfficerTrustee | 0.1 | $0 |
Alex Aho Treasurer | OfficerTrustee | 0.1 | $0 |
Nancy Evans Assistant Secretary | OfficerTrustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,365 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,365 |
Total Program Service Revenue | $1,534,140 |
Investment income | $6,385 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,590,636 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $79,238 |
Fees for services: Legal | $3,473 |
Fees for services: Accounting | $32,735 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $16,510 |
Office expenses | $28,722 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $793,145 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $429,644 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $260,417 |
Insurance | $75,522 |
All other expenses | $243,033 |
Total functional expenses | $1,962,439 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,842 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,684 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $68,730 |
Net Land, buildings, and equipment | $8,735,111 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $604,184 |
Intangible assets | $75,985 |
Other assets | $101,398 |
Total assets | $9,704,934 |
Accounts payable and accrued expenses | $231,530 |
Grants payable | $0 |
Deferred revenue | $8,429 |
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 | $7,167,053 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,994,919 |
Total liabilities | $10,401,931 |
Net assets without donor restrictions | -$696,997 |
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 | $9,704,934 |
Organization Name | Assets | Revenue |
---|---|---|
Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Vista Grande Villa Jackson, MI | $18,128,782 | $15,877,096 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
Hubbard Hill Estates Inc Elkhart, IN | $40,723,668 | $16,327,220 |
Mother Angeline Mccrory Manor Inc Columbus, OH | $23,036,099 | $15,389,300 |
Manor Care Of Tacoma Wa Association Toledo, OH | $1,605,997 | $12,220,932 |
Indiana Masonic Home Inc Franklin, IN | $115,983,648 | $16,702,873 |
Concordia Of Ohio Copley, OH | $66,868,178 | $15,913,038 |
Mercy Services For Aging Nonprofit Housing Corporation Farmington Hills, MI | $43,763,232 | $13,715,486 |
St Clare Commons Perrysburg, OH | $22,863,382 | $9,152,797 |