Cause IQ organization profile

LH Homes Iii

LH Homes Iii is a public housing agency based in Troy, MI that was founded in 2010. As of 2020 they had $98,756 in revenue and $1.7 million in assets.

Provide low income housing to individuals with disabilities. With disabilities. To provide low income housing to individuals with disabilities.

EIN:

90-0611418

City:

Troy

State:

Michigan

Metro:

Detroit-Warren-Dearborn, MI

Founded:

2010

Type:

501(c)(3)

NTEE:

L21: Public housing facilities

Revenue:

$98,756

Assets:

$1,750,903

Employees:

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at LH Homes Iii

LH Homes Iii, Inc. 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 four residences known as liberty hill Homes Iii 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.

Form 990s for LH Homes Iii

Fiscal year ending	Date received by IRS	Form	PDF link
2019-12	Oct 9, 2020	990	View PDF
2018-12	Oct 16, 2019	990	View PDF
2017-12	Oct 16, 2018	990	View PDF
2016-12	Oct 20, 2017	990	View PDF
2015-12	Oct 21, 2016	990	View PDF
...and seven more Form 990 PDFs

Financials for LH Homes Iii

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$46,841	$57,047	-17.9%
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$46,841	$57,047	-17.9%

Field	2019	2018	% Change
Total grants, contributions, etc.	$46,841	$57,047	-17.9%
Program services	$51,683	$37,785	36.8%
Investment income and dividends	$232	$181	28.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$98,756	$95,013	3.9%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$0	$0
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$6,885	$6,517	5.6%
Legal fees	$0	$0
Accounting fees	$5,290	$5,155	2.6%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$0	$0
Advertising and promotion	$0	$0
Office expenses	$1,018	$547	86.1%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$66,594	$75,786	-12.1%
Travel	$0	$0
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$47,366	$47,365	0.0%
Insurance	$0	$0
All other expenses	$10,777	$13,069	-17.5%
Total expenses	$137,930	$148,439	-7.1%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$215	$606	-64.5%
Savings, short-term investments, etc.	$34,354	$26,564	29.3%
Pledges and grants receivable	$0	$0
Accounts receivable	$68	$9,597	-99.3%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$11,644	$12,267	-5.1%
Buildings, equipment, etc. post-depreciation	$1,704,622	$1,751,988	-2.7%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$0	$0
Total assets	$1,750,903	$1,801,022	-2.8%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$34,984	$43,252	-19.1%
Grants payable	$0	$0
Deferred revenue	$49	$1,278	-96.2%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$2,042,400	$2,042,400
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$6,305	$7,753	-18.7%
Total liabilities	$2,083,738	$2,094,683	-0.5%

Field	2019	2018	% Change
Unrestricted net assets	$0	$-293,661	-100%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for LH Homes Iii

Vendor	Services	Amount paid	Date
Dauby O'Connor and Zaleski LLC	Tax accounting		2020-10-09
███ ███ ██████████ ██	Tax accounting		2014-10-28

Personnel at LH Homes Iii

Name	Title	Compensation	Most recent data
Dawn Calnen	Treasurer	$0	Oct. 9, 2020
Marc Craig	President	$0	Dec. 31, 2019
███████ ███████	Secretary	$0	Dec. 31, 2019
████ ███████	Past Treasurer	$0	Dec. 31, 2014

Peer public housing facilities

	Name	Type	Revenue	Location
1	Oak Ridge Retirement Community	501(c)(3)	$322,639	Grand Rapids, MI
2	Ovid Area Nonprofit Housing Corporation	501(c)(3)	$80,880	Ovid, MI
3	Dickinson Iron Non Profit Housing	501(c)(3)	$272,543	Escanaba, MI
4	Level Acres Non-Profit Housing Corporation	501(c)(3)	$231,463	Kalkaska, MI
5	Sunset House	501(c)(3)	$269,441	Allegan, MI
6	Rural Initiatives for Shelter and Education	501(c)(3)	$108,294	Decatur, MI
7	Elmdale Apartments Nonprofit Housing Corporation	501(c)(3)	$153,986	Grand Rapids, MI
8	Springhill Iii	501(c)(3)	$269,453	Troy, MI
9	Homes for Autism	501(c)(3)	$172,545	Birmingham, MI
10	Highland Meadowview	501(c)(3)	$305,639	Farmington Hills, MI
11	Sturgis Neighborhood Program	501(c)(3)	$140,388	Sturgis, MI
12	River Grove Retirement Community	501(c)(3)	$333,424	Grand Rapids, MI
13	Baileys Grove Retirement Community	501(c)(3)	$307,560	Grand Rapids, MI
14	Capital Gardens Apartments	501(c)(3)	$273,471	Lansing, MI
15	Froh Manor Apartments	501(c)(3)	$304,789	Sturgis, MI
16	Operation Unification	501(c)(3)	$201,830	Flint, MI
17	Trinity Manor Senior Non Profit Corporation	501(c)(3)	$241,247	Lansing, MI
18	Hartford Area Non-Profit Housing Corporation	501(c)(3)	$406,616	St Joseph, MI
19	Kalamazoo Area Housing Corporation	501(c)(3)	$46,248	Kalamazoo, MI
20	Gateshead Crossing	501(c)(3)	$335,747	Detroit, MI
21	Holy Creek Nonprofit Housing Corporation	501(c)(3)	$315,213	Ypsilanti, MI
22	Mustard Tree Cooperative	501(c)(3)	$147,834	Detroit, MI
23	Station Creek Retirement Community	501(c)(3)	$321,209	Grand Rapids, MI
24	Independence Square Apartments	501(c)(3)	$92,225	Fort Gratiot, MI
25	New Horizon Village	501(c)(3)	$194,478	Kalamazoo, MI

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about LH Homes Iii.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for public housing facilities, qualify inbound opportunities like LH Homes Iii, benchmark clients to other public housing agencies, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

LH Homes Iii

Program areas at LH Homes Iii

Form 990s for LH Homes Iii

Financials for LH Homes Iii

Vendors for LH Homes Iii

Personnel at LH Homes Iii

Peer public housing facilities

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter