Skip to content
Nonprofiteer
← LAURELTON NONPROFIT HOUSING CORPORATION

Form 990 for tax year 2022

Filed by LAURELTON NONPROFIT HOUSING CORPORATION.

Totals

Total revenue
$203,325
Total expenses
$233,100
Contributions and grants received
$130,676
Grants paid
$0
Program service revenue
$71,926
Investment income
$723
Other revenue
$0
Total assets, end of year
$1,734,385
Total liabilities, end of year
$2,366,182
Net assets or fund balances, end of year
-$631,797
Program services expenses (Part IX)
$209,788
Management and general expenses
$23,312
Fundraising expenses
$0
Program service expenses (Part III)
$209,788

Program services were 90.0% 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.

  • 1d · Related organizations

    $8,600

  • 1e · Government grants (contributions)

    $122,076

  • 2a · Program service revenue: RENTAL INCOME

    total $71,926 · related or exempt $71,926

  • 3 · Investment income

    total $723 · excluded $723

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $10,608 · management and general $10,608

  • 11c · Fees: accounting

    total $8,875 · management and general $8,875

  • 13 · Office expenses

    total $3,829 · management and general $3,829

  • 16 · Occupancy

    total $132,525 · program services $132,525

  • 22 · Depreciation, depletion and amortization

    total $58,216 · program services $58,216

  • 24a · Other expenses: ADMINISTRATIVE EXPENSE

    total $18,993 · program services $18,993

  • 24b · Other expenses: BAD DEBTS

    total $54 · program services $54

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,285 · end of year $15,499

  • 2 · Savings and temporary cash investments

    beginning of year $206,006 · end of year $193,007

  • 4 · Accounts receivable

    end of year $460

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,314 · end of year $13,697

  • 10a · Land, buildings and equipment: cost or other basis

    $2,499,868

  • 10b · Land, buildings and equipment: accumulated depreciation

    $988,146

  • 10c · Land, buildings and equipment, net

    beginning of year $1,490,220 · end of year $1,511,722

  • 17 · Accounts payable and accrued expenses

    beginning of year $42,710 · end of year $82,496

  • 19 · Deferred revenue

    beginning of year $209 · end of year $581

  • 23 · Secured mortgages and notes payable

    beginning of year $2,277,100 · end of year $2,277,100

  • 25 · Other liabilities

    beginning of year $5,828 · end of year $6,005

  • 27 · Net assets without donor restrictions

    beginning of year -$602,022 · end of year -$631,797

Mission and programs · 2022

Mission

TO PROVIDE LOW INCOME HOUSING TO INDIVIDUALS WITH DISABILITIES.

  • LAURELTON NON-PROFIT HOUSING CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING EIGHT RESIDENCES KNOWN AS SPRINGHILL II LOCATED IN THE METRO DETROIT AREA, WHICH PROVIDES HOUSING FOR PERSONS WITH DEVELOPMENTAL DISABILITIES PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED.

    Expenses $209,788 · Revenue $71,926

As filed on the 2022 return.

Listed in Part VII

  • Derek Girton

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Kevin Wiedelman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Philip Clark

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Greg McDougall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • Marc Craig

    AUTHORIZED AGENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Kirsten Elliott

    AUTHORIZED AGENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Shelley Brinkman

    AUTHORIZED AGENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Carrie Mendoza

    AUTHORIZED AGENT

    Total calculated
    $0
    Hours/week
    0.5 + 2 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 April 2023
IRS schema version
2022v5.0
Source object
202341039349301239

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.