Housing Improvement Initiative

Nonprofit profile at a glance

EIN
923250294
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
St Joseph, MO, USA
Phone
8169013113
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Rehabilitation

Reported finances

Revenue
$104,411
Expenses
$4,447
Assets
$275,800
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MICHELLE CLARK (PRESIDENT)
  • ASHLEY ALBERS (VICE PRESIDENT)

People named in this filing

  • MICHELLE CLARK (PRESIDENT)
  • ASHLEY ALBERS (VICE PRESIDENT)
  • JANA BRANDT (SECRETARY/TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance home ownership for low- to mid-income persons in the st. Joseph, Missouri region and to enhance community beautification in deteriorating neighborhoods in the st. Joseph, Missouri region through home ownership.

What it reported doing in 2025

The housing improvement initiative acquires, rehabilitates, and sells abandoned homes in the st. Joseph, Missouri region to advance home ownership, decrease the housing shortage, and enhance community beautification. To date, nine (10) properties have been acquired, two (2) of which have been rehabilitated and sold (none during 2025). One (1) purchase was pending as of december 31, 2025.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 92
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 95.7%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 62.02; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 44.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.