Colony Lane Non-profit Housing Corporation
Only null% goes to programs Strong reserves
Colony Lane Non-profit Housing Corporation is a 501(c)(3) organization based in Warren, Michigan, registered in 2015, with $741,723 in FY2024 revenue. CharityIndex grades it D.
8425 E 12 Mile Rd, Warren, MI, 48093 EIN 32-0364875 Since 2015
Revenue (FY2024)
$742K
▼ 6.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$950K
Net assets
$8.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Colony Lane Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating101 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Colony Lane Non-profit Housing Corporation: 101 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Colony Lane Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Colony Lane Non-profit Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8425 E 12 Mile Rd, Warren, MI, 48093
- City
- Warren
- State
- Michigan
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue declined from $11.4M (FY2014) to $742K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $74KNet assets $8.0M
Operating margin
-28.1%
Spent more than it raised in the latest fiscal year.
Total assets
$8.0M
Total liabilities
$74K
Net assets
$8.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $741,723▼6.0% | $949,943▼8.6% | $7,960,916▼2.5% | $8,034,649▼2.5% | 990 |
| 2023 | $789,053▼9.9% | $1,039,522▼7.5% | $8,169,136▼3.0% | $8,240,607▼3.3% | 990 |
| 2022 | $875,556▲10.2% | $1,123,726▲7.1% | $8,419,605▼2.9% | $8,518,447▼4.3% | 990 |
| 2021 | $794,633▲19.8% | $1,049,487▼0.5% | $8,667,775▼2.9% | $8,904,253▼2.4% | 990 |
| 2020 | $663,065▼2.7% | $1,054,900▲0.7% | $8,922,629▼4.2% | $9,121,207▼3.6% | 990 |
| 2019 | $681,296▲1.6% | $1,047,550▼0.8% | $9,314,464▼3.8% | $9,459,026▼3.7% | 990 |
| 2018 | $670,668▲4.1% | $1,056,302▲5.2% | $9,680,718▼3.8% | $9,819,965▼2.8% | 990 |
| 2017 | $644,054▲29.0% | $1,004,171▲27.1% | $10,066,352▼3.5% | $10,107,332▼3.6% | 990 |
| 2016 | $499,178▲6.0% | $790,006▲6.1% | $10,426,469▼2.7% | $10,479,402▼2.7% | 990 |
| 2015 | $470,726▼95.9% | $744,375▲88.4% | $10,717,297▼2.5% | $10,768,940▼2.6% | 990 |
| 2014 | $11,381,537 | $395,143 | $10,990,946 | $11,058,968 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Colony Lane Non-profit Housing Corporation a legitimate nonprofit?
- Yes. Colony Lane Non-profit Housing Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 32-0364875, based in Warren, Michigan. Donations are tax-deductible.
- What is Colony Lane Non-profit Housing Corporation's EIN?
- Colony Lane Non-profit Housing Corporation's Employer Identification Number (EIN) is 32-0364875.
- How much revenue does Colony Lane Non-profit Housing Corporation report?
- Colony Lane Non-profit Housing Corporation reported $741,723 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Colony Lane Non-profit Housing Corporation have?
- CharityIndex grades Colony Lane Non-profit Housing Corporation D, based on financial health (reserves and operating margin).
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Data for Colony Lane Non-profit Housing Corporation (EIN 32-0364875) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.