Ywca of Kalamazoo Nonprofit Housing Corporation
Nonprofit profile at a glance
- EIN
- 270229331
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Parchment, MI, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
- Affiliation
- Christianity
Reported finances
- Revenue
- $66,110
- Expenses
- $64,993
- Assets
- $352,237
- Liabilities
- $375,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- GRACE LUBWAMA (PRESIDENT)
- SUSAN ROSAS (CEO)
People named in this filing
- GRACE LUBWAMA (PRESIDENT)
- HEATHER HAIGH (VP/SECRETARY)
- WENDY VAN PEENAN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized for the purpose of benefiting the young womne's christian association of kalamazoo, Michigan ("ywca"), a nonprofit corporation incorporated in the state of Michigan pursuant to the Michigan nonprofit corporationact, mcl 450.2101 et seq. (the "mnca"), to act as an exempt organization under the provision of section 501(c)(3) of the internal revenue code ("code"), or other section of the code; and is organized exclusively to provide hosuing for persons whose income does not exceed the limits established in the Michigan state housing development act, act 346 of 1966 as amended ("the act"), and in general to carry on any business in connection therewith and incident thereto not inconsistent with the act, and with all powers conferred ipon nonprofit corporations by the state of Michigan.
What it reported doing in 2024
Advocacy and systems change is one of the four strategic focus areas of ywca kalamazoo. The advocacy and systems change pillar provides programming focused on advancing race and gender equity through public policy strategies, community impact efforts, resource connections, community health initiatives , and narrative change communications. Collectively the programmatic area supports our remaining strategic focus areas in serving the most vulnerable women, children, and families of color who have experienced discrimination, poverty, homelessness, poor health hand with policymakers on a local, state and federal level, community-based organizations, community leaders and local health systems about issues regarding womne's health safety, economic advancement, racial equity and infant mortality reduction efforts (cradle kalamazoo).
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.8%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.7%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 5.42; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 31% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 96.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $65K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 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.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.