Greater Detroit Housing Inc

Nonprofit profile at a glance

EIN
823734532
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Birmingham, MI, USA
Phone
2486474882
Rating confidence
Limited
Sector
Housing Rehabilitation

Reported finances

Expenses
$1,397
Assets
$2,124

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CHRIS YAW (PRESIDENT)

People named in this filing

  • JEFF HOCKMAN (CHAIRMAN OF)
  • CHRIS YAW (PRESIDENT)
  • JOHN FRASCO (VICE PRESIDE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation will (at no profit) build, renovate, repair, and sell homes to qualified underpriviledged or underserved individuals and families in the greater metropolitan detroit area. The corporation may, from time to time, provide financing at or below maraket interest rates until such time as the buyer has built sufficient credit and/or equity to refinance with a conventional lender.

What it reported doing in 2024

The corporation will (at no profit) build, renovate, repair, and sell homes to qualified underpriviledged or underserved individuals and families in the greater metropolitan detroit area. The corporation may, from time to time, provide financing at or below market interest rates until such time as the buyer has built sufficient credit and/or equity to refinance with a conventional lender.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: NotEnoughData
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: Limited
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 1.52; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: -37.8% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.