Madison Heights Non-profit Housing Corporation is a 501(c)(3) organization based in Warren, Michigan, registered in 2017, with $1,934,238 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.9M
▲ 4.6% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$1.6M
Net assets
$1.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Madison Heights 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 →
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 Madison Heights Non-profit Housing Corporation: 13 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
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 Madison Heights 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 →
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 Madison Heights Non-profit Housing Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2015) to $1.9M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$2.1M
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,934,238▲4.6% | $1,575,832▼0.6% | $1,695,593▲26.8% | $3,775,010▼0.8% | 990 |
| 2023 | $1,849,020▲4.4% | $1,584,703▲5.3% | $1,337,187▲24.6% | $3,804,046▲5.7% | 990 |
| 2022 | $1,770,408▲3.6% | $1,505,451▲10.5% | $1,072,870▲32.8% | $3,598,318▲1.2% | 990 |
| 2021 | $1,709,164▲4.1% | $1,362,178▲2.1% | $807,913▲75.3% | $3,554,162▲4.7% | 990 |
| 2020 | $1,642,348▲15.0% | $1,334,444▲5.1% | $460,927▲201% | $3,393,343▲8.6% | 990 |
| 2019 | $1,427,604▲2.0% | $1,269,201▲8.7% | $153,023▲2944% | $3,123,985▼0.4% | 990 |
| 2018 | $1,399,870▲2.7% | $1,167,609▲6.8% | -$5,380▲97.7% | $3,136,549▲3.3% | 990 |
| 2017 | $1,363,117▲2.6% | $1,093,194▼4.7% | -$237,641▲53.2% | $3,035,044▲2.5% | 990 |
| 2016 | $1,328,431▲1.3% | $1,146,582▲3.2% | -$507,564▲26.4% | $2,960,949▲2.4% | 990 |
| 2015 | $1,310,986 | $1,110,700 | -$689,413 | $2,890,576 | 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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Data for Madison Heights Non-profit Housing Corporation (EIN 38-2332549) 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.