Lenawee Emergency And Affordable Housing Corp
- Assets
- $2.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Adrian, MI
- Founding
- 01/1994
- Data as of
- 09/2021
- EIN
- 38-3091170
Organization Overview
Lenawee Emergency And Affordable Housing Corp, operating under the name Housing Help of Lenawee, is located in Adrian, MI. The organization was established in 1994. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Housing Help of Lenawee employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Help of Lenawee 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 09/2021, Housing Help of Lenawee generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $2.8m during the year ending 09/2021. While expenses have increased by 36.2% per year over the past 6 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
TO ADVANCE HOUSING STABILITY AND AFFORDABLE OPPORTUNITIES FOR LOW INCOME PEOPLE ESPECIALLY THOSE IN CRISIS OR AT RISK INDIVIDUALS AND FAMILIES WITHIN LENAWEE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT SERVICES AND ASSISTANCE TO PREVENT OR REDUCE THE AMOUNT OF TIME A HOUSEHOLD IS HOMELESS AND SUPPORT SELF RELIANCE
PROVIDE EMERGENCY SHELTER AND SUPPORT SERVICES TO LOW AND MODERATE INCOME FAMILIES
PROVIDE TRANSITIONAL HOUSING AND SUPPORT SERVICES TO LOW AND MODERATE INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Nichols Secretary | Officer | 2 | $0 |
Ashley Palmer-Lieto President | Officer | 2 | $0 |
Brandi Johns Vice President | Officer | 1 | $0 |
Susan King Treasurer | Officer | 2 | $0 |
Todd Morgan Director | Trustee | 1 | $0 |
Joaquin Ramos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,623 |
| Related organizations | $0 |
| Government grants | $2,546,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,694,275 |
| Total Program Service Revenue | $134,170 |
| Investment income | $408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,689 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,836,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,352,692 |
| 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 | $305,682 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,256 |
| Payroll taxes | $24,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,353 |
| Office expenses | $2,986 |
| Information technology | $10,207 |
| Royalties | $0 |
| Occupancy | $21,820 |
| Travel | $412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,249 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,791,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,235,229 |
| Savings and temporary cash investments | $65,465 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,320 |
| 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 | $3,648 |
| Net Land, buildings, and equipment | $271,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,630,191 |
| Accounts payable and accrued expenses | $16,179 |
| Grants payable | $0 |
| Deferred revenue | $1,948,999 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,203 |
| Total liabilities | $1,968,381 |
| Net assets without donor restrictions | $505,083 |
| Net assets with donor restrictions | $156,727 |
| 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 | $2,630,191 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lenawee Emergency And Affordable Housing Corp has recieved totaling $27,112.
| Awarding Organization | Amount |
|---|---|
Lenawee Community Foundation Adrian, MI PURPOSE: OPERATIONS | $21,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Services Mid Michigan Charlotte, MI | $2,013,469 | $14,437,193 |
Community Rebuilders Grand Rapids, MI | $5,851,617 | $11,572,784 |
Cinnaire Lending Corporation Lansing, MI | $75,621,059 | $9,899,346 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
Bridges Community Action Partnership Marysville, OH | $6,792,515 | $6,372,376 |
Ahepa Affordable Housing Management Company Inc Fishers, IN | $29,875,447 | $8,886,631 |
Central Ohio Community Land Trust Columbus, OH | $2,592,192 | $4,520,471 |
Housing Resources Inc Milwaukee, WI | $1,278,452 | $4,218,125 |
El Barrio Inc Cleveland, OH | $2,618,772 | $3,994,510 |
Greater Green Bay Habitat For Humanity Green Bay, WI | $9,776,168 | $3,142,134 |
Lenawee Emergency And Affordable Housing Corp Adrian, MI | $2,630,191 | $2,836,725 |
Englewood Community Development Corporation Indianapolis, IN | $23,355,303 | $2,642,525 |