Church of the Messiah Housing Corporation
Nonprofit profile at a glance
- EIN
- 382252958
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Detroit, MI, USA
- Phone
- 3132671010
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,449,224
- Expenses
- $574,059
- Assets
- $2,157,768
- Liabilities
- $677,254
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- DAVID MOORE (VICE PRESIDENT)
- OCIE IRONS (PRESIDENT)
- RICHARD A CANNON (EXECUTIVE DIRECTOR)
Highest reported compensation
- RICHARD A CANNON (EXECUTIVE DIRECTOR): $65,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To engage in housing, community and economic development activities to improve the quality of life on the lower east side of detroit.
What it reported doing in 2024
During 2024, cmhc supervised the activities of its third-party property management company (continental management llc) to manage its four occupied affordable housing developments including filed street iii (49 units), bridgeview i (11 units), bridgeview ii (11 units), and st. Paul manor apartments (33 units). Continental also manages the maintenance of kingston arms, a vacant 24-unit apartment building.completed renovation of field street iii townhouses and apartments preserving 49 affordable housing units for low-income households.continued development activities required to recapitalize and renovate bridgeview i and bridgeview ii developments (22 units) and received 9% lihtc reservation in july for bridgeview iii renovation. Subsequently consummated construction loan closing and started renovation in july 2025.submitted home and lihtc applications for fall funding rounds for construction of cmhc's 130 e grand blvd (54 new units) and renovation of kingston arms apartments (24 units).started pre-development activities to obtain funding for the construction of cmhc's beleeview village affordable housing development (40 units), 15 units will be available for permanent supportove housing. Obtained phase 1 environmental assessments and architect prepared preliminary site plans and elevations.continued is resident economic support services program providing mentoring support to help residents gain access to needed services, education, job training and employment to achieve greater economic and housing stability. Cmhc continued its contract activities with the detroit employment solutions corporation as an ido service provider for its pilot jumpstart program.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.1%; rating input score 24
- Program expense ratio: 68.5%; rating input score 68
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 83.4%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 3.76; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 11.3%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 35.1% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 16th percentile among comparable filings
Details
- Where the money goes: 24.1% of revenue deployed · 68.5% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $393K in reported program spending
- Leadership: top reported pay $65K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 24/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Sustainability: Officer compensation ratio scored 26/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.