Form 990 for tax year 2024
Filed by MICHIGAN VETERANS FOUNDATION INC.
Totals
- Total revenue
- $1,798,923
- Total expenses
- $2,019,479
- Contributions and grants received
- $433,057
- Grants paid
- $0
- Program service revenue
- $1,365,866
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $11,144,891
- Total liabilities, end of year
- $43,025
- Net assets or fund balances, end of year
- $11,101,866
- Program services expenses (Part IX)
- $1,773,222
- Management and general expenses
- $245,157
- Fundraising expenses
- $1,100
- Program service expenses (Part III)
- $1,773,222
Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$10,993
-
1e · Government grants (contributions)
$153,956
-
1f · All other contributions, gifts and grants
$268,108
-
2a · Program service revenue: VA GPD Housing
total $994,311 · related or exempt $994,311
-
2b · Program service revenue: VA Case Management
total $320,857 · related or exempt $320,857
-
2c · Program service revenue: MSHDA Voucher revenue
total $10,089 · related or exempt $10,089
-
2d · Program service revenue: PSH Rent
total $40,609 · related or exempt $40,609
-
8a · Fundraising events: contributions included on line 1c
$10,993
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,869 · program services $81,652 · management and general $27,217
-
7 · Other salaries and wages
total $649,699 · program services $642,565 · management and general $7,134
-
9 · Other employee benefits
total $75,103 · program services $70,239 · management and general $4,864
-
10 · Payroll taxes
total $70,172 · program services $70,172
-
11c · Fees: accounting
total $147,741 · management and general $147,741
-
11e · Fees: professional fundraising services
total $1,100 · fundraising $1,100
-
13 · Office expenses
total $44,214 · program services $36,499 · management and general $7,715
-
14 · Information technology
total $10,932 · program services $10,932
-
16 · Occupancy
total $212,302 · program services $212,302
-
17 · Travel
total $3,147 · management and general $3,147
-
22 · Depreciation, depletion and amortization
total $401,467 · program services $373,470 · management and general $27,997
-
23 · Insurance
total $73,300 · program services $71,458 · management and general $1,842
-
24a · Other expenses: Meals
total $28,834 · program services $28,834
-
24b · Other expenses: Veteran Program Support
total $173,050 · program services $173,050
-
24c · Other expenses: Permanent Supportive Housing
total $2,049 · program services $2,049
-
24d · Other expenses: Miscellaneous
total $16,502 · management and general $16,502
-
24e · All other expenses
total $998 · management and general $998
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $368,611 · end of year $393,707
-
3 · Pledges and grants receivable
beginning of year $154,948 · end of year $152,507
-
9 · Prepaid expenses and deferred charges
beginning of year $50,662 · end of year $67,868
-
10a · Land, buildings and equipment: cost or other basis
$14,455,249
-
10b · Land, buildings and equipment: accumulated depreciation
$3,924,440
-
10c · Land, buildings and equipment, net
beginning of year $10,892,943 · end of year $10,530,809
-
17 · Accounts payable and accrued expenses
beginning of year $154,033 · end of year $26,181
-
25 · Other liabilities
end of year $16,844
-
27 · Net assets without donor restrictions
beginning of year $11,313,131 · end of year $11,101,866
Mission and programs · 2024
Mission
To assist veterans experiencing homelessness and other barriers to self-sufficiency through housing, case management, and supportive services.
-
MVF operates a transitional housing program through the U.S. Department of Veterans Affairs (VA) Homeless Providers Grant and Per Diem (GPD) Program. The program provides safe housing, intensive case management, meals, transportation assistance, benefits navigation, employment support, life-skills development, and referrals to medical, behavioral health, educational, and community resources. By addressing the barriers contributing to homelessness, the program helps veterans achieve housing stability, increase self-sufficiency, and successfully transition to permanent housing and independent living.
Expenses $1,732,614
-
MVF provides permanent supportive housing to veterans transitioning from homelessness to independent living. The program offers stable, affordable housing together with ongoing case management, resource coordination, and referrals to medical, behavioral health, employment, and community services. Veterans pay affordable rent based on program requirements, and rental income is reinvested to maintain the housing and support continued operation of the program, helping veterans achieve long-term housing stability and self-sufficiency.
Expenses $40,608 · Revenue $40,608
As filed on the 2024 return.
Listed in Part VII
-
Raeda Dabaja
Chief Executive Officer
- Total calculated
- $108,869
- From this org
- $108,869
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 40 related
-
Suhail Abueita
President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Linda Hamlet
Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rose Solak
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James Camden
Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ronnie Nellon
Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Vida Frost
Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan Robinson
Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 July 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601879349301520
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