Form 990 for tax year 2024

Filed by COTS.

Totals

Total revenue: $10,418,828
Total expenses: $9,678,595
Contributions and grants received: $9,944,322
Grants paid: $134,810
Program service revenue: $299,815
Investment income: $189,928
Other revenue: -$15,237
Total assets, end of year: $27,209,277
Total liabilities, end of year: $2,211,719
Net assets or fund balances, end of year: $24,997,558
Program services expenses (Part IX): $7,875,050
Management and general expenses: $854,764
Fundraising expenses: $948,781
Program service expenses (Part III): $7,875,050

Program services were 81.4% 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.

1a · Federated campaigns

$87,117
1c · Fundraising events

$206,035
1e · Government grants (contributions)

$4,381,555
1f · All other contributions, gifts and grants

$5,269,615
1g · Noncash contributions included above

$67,628
2a · Program service revenue: TENANT REVENUE

total $277,104 · related or exempt $277,104
2b · Program service revenue: MDHS CHILDCARE REVENUE

total $22,711 · related or exempt $22,711
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $189,928 · excluded $189,928
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
8a · Fundraising events: gross income

$7,102
8a · Fundraising events: contributions included on line 1c

$206,035
8b · Fundraising events: direct expenses

$61,816
8c · Net income from fundraising events

total -$54,714 · excluded -$54,714
11a · Other revenue: Miscellaneous Income

total $39,477 · related or exempt $39,477
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$39,477

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $67,182 · program services $67,182
2 · Grants to domestic individuals

total $67,628 · program services $67,628
5 · Compensation of officers, directors and key employees

total $767,521 · program services $268,806 · management and general $341,747 · fundraising $156,968
7 · Other salaries and wages

total $2,959,398 · program services $2,708,840 · management and general $6,967 · fundraising $243,591
8 · Pension plan contributions

total $635,798 · program services $432,470 · management and general $107,242 · fundraising $96,086
9 · Other employee benefits

total $74,875 · program services $74,875
10 · Payroll taxes

total $265,560 · program services $200,080 · management and general $32,355 · fundraising $33,125
11e · Fees: professional fundraising services

total $171,223 · fundraising $171,223
11g · Fees: other

total $672,226 · program services $402,941 · management and general $230,577 · fundraising $38,708
13 · Office expenses

total $204,691 · program services $77,790 · management and general $4,702 · fundraising $122,199
16 · Occupancy

total $2,162,135 · program services $2,158,292 · management and general $2,745 · fundraising $1,098
17 · Travel

total $2,160 · program services $2,002 · management and general $143 · fundraising $15
19 · Conferences, conventions and meetings

total $71,738 · program services $49,601 · management and general $15,901 · fundraising $6,236
22 · Depreciation, depletion and amortization

total $322,937 · program services $311,151 · management and general $8,418 · fundraising $3,368
23 · Insurance

total $164,384 · program services $162,914 · management and general $1,050 · fundraising $420
24a · Other expenses: Program Materials

total $287,704 · program services $213,456 · management and general $70,933 · fundraising $3,315
24b · Other expenses: repairs and maintenance

total $272,140 · program services $195,436 · management and general $8,311 · fundraising $68,393
24c · Other expenses: Food

total $194,771 · program services $192,570 · management and general $1,342 · fundraising $859
24d · Other expenses: Utilites

total $188,950 · program services $188,650 · management and general $279 · fundraising $21
24e · All other expenses

total $125,574 · program services $100,366 · management and general $22,052 · fundraising $3,156

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $780,206 · end of year $1,394,886
3 · Pledges and grants receivable

beginning of year $1,549,988 · end of year $426,697
4 · Accounts receivable

beginning of year $8,994,962 · end of year $7,878,448
5 · Loans and receivables from officers and key people

end of year $0
6 · Loans and receivables from disqualified persons

end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $59,644 · end of year $72,775
10a · Land, buildings and equipment: cost or other basis

$11,000,875
10b · Land, buildings and equipment: accumulated depreciation

$4,971,453
10c · Land, buildings and equipment, net

beginning of year $6,238,260 · end of year $6,029,422
11 · Investments: publicly traded securities

beginning of year $1,287,409 · end of year $1,417,876
12 · Investments: other securities

beginning of year $6,367,334 · end of year $9,741,949
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $265,213 · end of year $247,224
17 · Accounts payable and accrued expenses

beginning of year $310,473 · end of year $239,480
19 · Deferred revenue

beginning of year $2,951 · end of year $252,507
22 · Loans and payables to officers and key people

end of year $0
25 · Other liabilities

beginning of year $1,767,007 · end of year $1,719,732
27 · Net assets without donor restrictions

beginning of year $21,948,667 · end of year $23,978,619
28 · Net assets with donor restrictions

beginning of year $1,513,918 · end of year $1,018,939

Mission and programs · 2024

Mission

CREATE AND FACILITATE OPPORTUNITIES THAT EMPOWER FAMILIES IN POVERTY TO COLLABORATE, THRIVE, AND SUCCEED IN BUILDING STRONG HOUSEHOLDS, NEIGHBORHOODS, AND COMMUNITIES.

Activities or mission (Part I)

To assist families in reaching their housing, economic, health, education, and career goals as they overcome homelessness and break the cycle of poverty for themselves, their next generation, and beyond.

SUPPORTIVE HOUSING - THIS PROGRAM SPONSORS 80+ UNITS OF PERMANENT SUPPORTIVE HOUSING UNDER THE HUD SHELTER PLUS CARE PROGRAM, 10 UNITS OF SUPPORTIVE HOUSING UNDER A HUD GRANT FOR INDIVIDUALS WITH DISABILITIES AT THE BUERSMEYER MANOR APARTMENTS, 40-50 UNITS OF SUPPORTIVE HOUSING FOR FAMILIES IN OUR PATHWAYS TO HOUSING PROGRAM, AND 30 UNITS UNDER THE OMEGA PROJECT, A COLLABORATIVE EFFORT WITH DEVELOPMENT CENTERS, INC. THE PERMANENT SUPPORTIVE HOUSING PROGRAM LINKS LEASING/RENTAL ASSISTANCE TO SUPPORTIVE SERVICES FOR HARD-TO-SERVE HOMELESS INDIVIDUALS AND FAMILIES WHO HAVE SERIOUS MENTAL ILLNESSES, HAVE CHRONIC HISTORY WITH ALCOLHOL OR DRUGS, HAVE HIV/AIDS, OR OTHER PHYSICAL DISABILITIES. THIS PROGRAM PROVIDES GRANTS TO BE USED FOR RENTAL ASSISTANCE. COTS MANAGES THE HOUSING ASPECT OF EACH PROGRAM.

Expenses $3,673,769 · Revenue $62,188
EMERGENCY SHELTER - IN MARCH 2019 COTS OPENED A NEW RENOVATED SHELTER AT 16630 WYOMING WITH 120 BEDS AVAILABLE FOR FAMILIES EXPERIENCING HOMELESSNESS. BEYOND MEETING THE IMMEDIATE NEEDS OF ITS GUESTS, COTS ALSO PROVIDES COACHING, CASE MANAGMENT, AND A WIDE ARRAY OF SUPPORTIVE SERVICES TO HELP SHELTER GUESTS ACHIEVE SELF-SUFFICIENCY. SUPPORTIVE SERVICES INCLUDE THE FOLLOWING: 1) LICENSED CHILD CARE CENTER, 2) LAUNDRY FACILITIES, 3) COMPUTER LABS, 4) DAILY MEAL SERVICE, 5) YOUTH ACADEMIC SUPPORT.

Expenses $3,535,494 · Grants $67,628 · Revenue $277,104
COUNSELING AND HOUSING SERVICES - ASSIST FAMILIES IN REACHING THEIR HOUSING, ECONOMIC, HEALTH, EDUCATION AND CAREER GOALS THROUGH COACHING, MENTORING, CASE MANAGEMENT, EDUCATIONAL REFERRALS. PARENTING SUPPORT PROGRAMS, LIFE SKILLS PROGRAMMING, AFTERSCHOOL AND SUMMER RECREATION PROGRAMS PROVIDED BY COTS STAFF AND PARTNERSHIPS.

Expenses $665,787 · Grants $67,182

As filed on the 2024 return.

Listed in Part VII

Carol GossCAROL GOSS

BOARD SECRETARY

Total calculated

$0

Hours/week

1
Deborah JonesDEBORAH JONES

BOARD TREASURER

Total calculated

$0

Hours/week

1
Ina FernandezINA FERNANDEZ

BOARD MEMBER

Total calculated

$0

Hours/week

1
Jeffrey RiveraJEFFREY RIVERA

BOARD VICE PRESIDENT

Total calculated

$0

Hours/week

1
Jeremy AbbyJEREMY ABBY

BOARD MEMBER

Total calculated

$0

Hours/week

1
Josh JamieJOSH JAMIE

BOARD MEMBER

Total calculated

$0

Hours/week

1
Judy GrunerJUDY GRUNER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Karisa AntonioKARISA ANTONIO

BOARD MEMBER

Total calculated

$0

Hours/week

1
Latrice McClendonLATRICE MCCLENDON

BOARD MEMBER

Total calculated

$0

Hours/week

1
Lawerence GardnerLAWERENCE GARDNER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Linda KoosLINDA KOOS

BOARD PRESIDENT

Total calculated

$0

Hours/week

1
Mark DenisMARK DENIS

BOARD MEMBER

Total calculated

$0

Hours/week

1
Michael RandallMICHAEL RANDALL

BOARD MEMBER

Total calculated

$0

Hours/week

1
Saayme VandiverSAAYME VANDIVER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Terri CableTERRI CABLE

BOARD MEMBER

Total calculated

$0

Hours/week

1
Torre PaleminoTORRE PALEMINO

BOARD MEMBER

Total calculated

$0

Hours/week

1
Aisha Morrell-FergusonAISHA MORRELL-FERGUSON

CHIEF DEVELOPMENT OFFICER

Total calculated

$141,623

From this org

$111,618

From related orgs

$0

Other

$30,005

Hours/week

40
Cheryl P JohnsonCHERYL P JOHNSON

CHIEF EXECUTIVE OFFICER

Total calculated

$227,630

From this org

$206,816

From related orgs

$0

Other

$20,814

Hours/week

40

Schedule J breakdown matched by us

Base

$206,816

Bonus

$0

Other

$0

Deferred

$13,088

Nontaxable benefits

$7,726

Filer's total

$227,630
Corisa ReedCORISA REED

CHIEF OPERATING OFFICER

Total calculated

$117,857

From this org

$90,697

From related orgs

$0

Other

$27,160

Hours/week

40
Delphia SimmonsDELPHIA SIMMONS

CHIEF IMPACT OFFICER

Total calculated

$120,797

From this org

$105,396

From related orgs

$0

Other

$15,401

Hours/week

40
Sonya NicksSONYA NICKS

CHIEF FINANCIAL OFFICER

Total calculated

$154,517

From this org

$131,920

From related orgs

$0

Other

$22,597

Hours/week

40

Schedule J breakdown matched by us

Base

$131,920

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$22,597

Filer's total

$154,517
Dawn WalkerDAWN WALKER

DIRECTOR OF ACCOUNTING

Total calculated

$126,601

From this org

$102,361

From related orgs

$0

Other

$24,240

Hours/week

40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Payments for business use of a personal residence
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Approval by the board or compensation committee

Answered no

1b · Written policy on the line-1a expenses
4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Payments for business use of personal residence: THE CEO RECEIVES A $400 MONTHLY STIPEND FOR PARKING/TRAVEL - THIS IS TREATED AS TAXABLE INCOME
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses: This is the only stipend in the organization, it was Board approved and meant to cover travel/parking expenses so she doesn't have to submit them for reimbursement on a monthly basis

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Warrior Women Against Poverty

$53,102

Provide relief to woman and children living in poverty through programming, mentoring, and direct support
Spirit of Sister In Memory of Turresa V Lambert

$14,080

To honor and celebrate women who have greatly impacted the lives of others, and to support women who are raising families and working to better themselves.

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.

COTS Community Housing Development Org

501(c)(3) · AFFORDABLE HOUSING DEVELOPMENT · MI · controlled entity

Directly controlled by COTS

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

MNHC Fraser LLC

LOW-INCOME HOUSING · MI · income $10 · assets $683

Directly controlled by MNH Development LLC
MNHC Breton LLC

LOW-INCOME HOUSING · MI · income -$2 · assets $458

Directly controlled by MNH Development LLC
MNHC Parkway LLC

LOW-INCOME HOUSING · MI · income $57 · assets $1,306

Directly controlled by MNH Development LLC
MNHC Walled Lake LLC

LOW-INCOME HOUSING · MI · income $6 · assets $791

Directly controlled by MNH Development LLC
MNHC Greenwood LLC

LOW-INCOME HOUSING · MI · income $10 · assets $982

Directly controlled by MNH Development LLC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

COTS Limited Dividend Housing Association LP

Related · LOW INCOME HOUSING · MI · 99.99% owned · share of income -$613,876 · share of assets $0 · general or managing partner

Directly controlled by Cots Development Corp
Peterboro Arms LDHA LP

Related · LOW INCOME HOUSING · MI · 0.01% owned · share of income $0 · share of assets $0

Directly controlled by Peterboro Arms GP
MNH Development LLC

Related · LOW INCOME HOUSING · MI · 40% owned · share of income $699,104 · share of assets $717,859

Directly controlled by COTS
Fraser Woods Fraser LDHA LLC

Related · LOW INCOME HOUSING · MI · 0% owned · share of income $10 · share of assets $683

Directly controlled by MNHC Fraser LLC
Bretton Village Green Grand Rapids LDHA LLC

Related · LOW INCOME HOUSING · MI · 0% owned · share of income -$2 · share of assets $458

Directly controlled by MNHC Bretton LLC
Parkway Meadows Ann Arbor LDHA LLC

Related · LOW INCOME HOUSING · MI · 0% owned · share of income $57 · share of assets $1,306

Directly controlled by MNHC Parkway LLC
Walled Lake Villa Walled Lake LDHA LLC

Related · LOW INCOME HOUSING · MI · 0% owned · share of income $6 · share of assets $791

Directly controlled by MNHC Walled Lake LLC
Greenwood Villa Westland LDHA LLC

Related · LOW INCOME HOUSING · MI · 0% owned · share of income $10 · share of assets $982

Directly controlled by MNHC Greenwood LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

COTS DEVELOPMENT CORPORATION

C Corporation · OPERATIONS MANAGEMENT · MI · 100% owned · share of income -$127,344 · share of assets $0 · controlled entity

Directly controlled by COTS
PETERBORO ARMS GP

C Corporation · OPERATIONS MANAGEMENT · MI · 100% owned · share of income -$74 · share of assets -$1,659,668 · controlled entity

Directly controlled by COTS

Provenance

Return type: form_990
Tax year: 2024
Filed: 25 March 2026
IRS schema version: 2024v5.1
Source object: 202640849349300119

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