Synergy Non-profit Housing Corporation
501(c)(2)
Only null% goes to programs Strong reserves
Synergy Non-profit Housing Corporation is a 501(c)(2) organization based in Grand Rapids, Michigan, registered in 1995, with $117,390 in FY2023 revenue. CharityIndex grades it C+.
3075 Orchard Vista Dr Se, Grand Rapids, MI, 49546 EIN 38-3220220 Since 1995
Revenue (FY2023)
$117K
▼ 10.4% vs prior year
Expenses (FY2023)
$143K
Net assets
$140K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Synergy 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 →
C+Financial health25% of the rating12 mo reserves · -22% 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 Synergy Non-profit Housing Corporation: 12 mo reserves · -22% margin earns a C+ 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 Synergy 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 Synergy 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
- 3075 Orchard Vista Dr Se, Grand Rapids, MI, 49546
- City
- Grand Rapids
- State
- Michigan
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $52K (FY2009) to $117K (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $242KNet assets $140K
Operating margin
-21.5%
Spent more than it raised in the latest fiscal year.
Total assets
$383K
Total liabilities
$242K
Net assets
$140K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $117,390▼10.4% | $142,667▼3.4% | $140,324▼15.3% | $382,683▼6.3% | 990 |
| 2022 | $131,082▲4.9% | $147,699▲9.5% | $165,601▼9.1% | $408,272▼4.9% | 990 |
| 2021 | $124,967▲2.8% | $134,926▼6.1% | $182,218▼5.2% | $429,194▼1.2% | 990 |
| 2020 | $121,579▼79.0% | $143,622▼28.7% | $192,177▼10.3% | $434,548▲8.7% | 990 |
| 2019 | $578,971▲286% | $201,366▲26.6% | $214,220▲56.8% | $399,645▼35.9% | 990 |
| 2018 | $149,887▲54.1% | $159,005▼2.5% | $136,615▼63.1% | $623,126▲52.5% | 990 |
| 2017 | $97,249▼8.2% | $163,060▲8.6% | $369,754▼9.6% | $408,512▼2.4% | 990 |
| 2016 | $105,900▼19.2% | $150,150▼4.5% | $409,075▼26.3% | $418,397▼29.5% | 990EZ |
| 2015 | $131,133▼2.6% | $157,231▼5.1% | $555,305▼2.1% | $593,748▼7.1% | 990 |
| 2014 | $134,607▲6.7% | $165,734▼19.7% | $567,462▼9.0% | $639,161▼20.6% | 990 |
| 2013 | $126,098 | $206,282▼19.2% | $623,797▼15.8% | $805,241▼12.5% | 990 |
| 2012 | — | $255,159▲280% | $740,800▲40.8% | $919,853▲30.0% | 990 |
| 2011 | — | $67,153▼2.1% | $526,057▲106% | $707,502▲55.9% | 990 |
| 2009 | $52,260 | $68,580 | $255,893 | $453,880 | 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.
Frequently asked questions
- Is Synergy Non-profit Housing Corporation a legitimate nonprofit?
- Yes. Synergy Non-profit Housing Corporation is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 38-3220220, based in Grand Rapids, Michigan.
- What is Synergy Non-profit Housing Corporation's EIN?
- Synergy Non-profit Housing Corporation's Employer Identification Number (EIN) is 38-3220220.
- How much revenue does Synergy Non-profit Housing Corporation report?
- Synergy Non-profit Housing Corporation reported $117,390 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Synergy Non-profit Housing Corporation have?
- CharityIndex grades Synergy Non-profit Housing Corporation C+, based on financial health (reserves and operating margin).
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Data for Synergy Non-profit Housing Corporation (EIN 38-3220220) 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.