Norway Area Non-profit Housing Corporation is a 501(c)(3) organization based in Escanaba, Michigan, registered in 1996, with $208,305 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$208K
▲ 12.4% vs prior year
Housing median: $408K
Expenses (FY2025)
$216K
Net assets
-$267K
Employees
—
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 Norway Area 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 Norway Area Non-profit Housing Corporation: 0 mo reserves · -4% margin earns a F 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 Norway Area 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 Norway Area 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 $170K (FY2020) to $208K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
-3.8%
Spent more than it raised in the latest fiscal year.
Total assets
$362K
Total liabilities
$629K
Net assets
-$267K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $208,305▲12.4% | $216,205▲8.7% | -$266,567▼3.1% | $362,139▼5.0% | 990 |
| 2024 | $185,331▲5.1% | $198,961▲2.5% | -$258,667▼5.6% | $381,018▼5.9% | 990EZ |
| 2023 | $176,332▲5.9% | $194,120▲5.0% | -$245,037▼7.8% | $404,805▼5.6% | 990EZ |
| 2022 | $166,514▲0.5% | $184,887▲7.7% | -$227,249▼8.8% | $428,698▼5.5% | 990EZ |
| 2021 | $165,746▼2.6% | $171,641▼1.2% | -$208,876▼2.9% | $453,622▼3.7% | 990EZ |
| 2020 | $170,232 | $173,700 | -$202,979 | $471,244 | 990EZ |
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 Norway Area Non-profit Housing Corporation (EIN 38-3109257) 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.