Hancock Housing Foundation FY2020 filing

Tax-deductible

Hancock, MI501(c)(3)Public & Societal BenefitEIN 20-2476340Revenue −$78K in FY2020

On file with the IRS1401 Quincy Street, 49930-1258 · Hancock, MITax-exempt since Aug 2006Supporting organization — 509(a)(3)

Tell your story. Claim this org

To support the hanocock Housing commission in its effort to provide quality, affordable, Housing with a caring, responsive management for qualifying area residents.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $38K a year · 63% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
734 mo
of spending, in cash
Looks good: 733.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$78K
Spent
$3K
To programs
53%
Net assets
$194K
By yearFY2020–FY2024
Revenue
−$78K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020−$78K
FY2021−$101K
FY2022−$95K
FY2023$280K
FY2024$297K
Expenses
$3K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3K
FY2021$3K
FY2022$11K
FY2023$46K
FY2024$51K
Net assets
$194K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$194K
FY2021$192K
FY2022$185K
FY2023$2.4M
FY2024$2.7M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $1K Management & general 47% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hancock Housing Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps provide quality, affordable housing with caring management for local residents.

Questions for Hancock Housing Foundation

Tap to ask. Hancock Housing Foundation sees how many people are interested.

Your first name shows with your question. Hancock Housing Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1K · in their own filed words · FY2020
01

24 low income, handicapped accessible apartments were operated by quincy haven apartments ldhalp during the year.

$1Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
−$78K
Ln 12
Investment incomeLn 3$2K
Gifts and grantsLn 1h$50
Money outPt IX
$3K
Ln 25
Programscol B$1K
Managementcol C$1K
Owns and owesPt X
$194K
net assets · Ln 32
Cash and savingsLn 1–2$168K
Total assetsLn 16$194K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50
Investment incomeLn 3$2K
Total revenueLn 12−$78K
Assets in detailPt X, end of year
SavingsLn 2$168K
Cash and savings togetherLn 1–2$168K
Other assetsLn 15$26K
Total assetsLn 16$194K
LiabilitiesLn 26$0
Net assetsLn 32$194K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$169K$168K
Total assetsLn 16$194K$194K
LiabilitiesLn 26$0$0
Net assetsLn 32$194K$194K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Accounting feesLn 11c$1K$1K
Other expenses (24a–d)Ln 24$100$100
Total functional expensesLn 25$3K$1K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $297K$51K$246K$2.7M 990 PDF
FY2023 $280K$46K$235K$2.4M 990 PDF
FY2022 −$95K$11K−$106K$185K 990 PDF
FY2021 −$101K$3K−$103K$192K 990 PDF
FY2020 Viewing −$78K$3K−$81K$194K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary −$78,307 revenue, 12 lines filed
I-8 Contributions and grants$50
I-9 Program service revenue$0
I-10 Investment incomePrior year $2,272$2,191
I-11 Other revenuePrior year −$69,145−$80,548
I-12 Total revenuePrior year −$66,873−$78,307
I-13 Grants and similar amounts paidPrior year $1,126$1,449
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,520$1,300
I-18 Total expensesPrior year $2,646$2,749
I-19 Revenue less expensesPrior year −$69,519−$81,056
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue −$78,307 across 5 lines filed
VIII-1f All other contributions, gifts and grants$50
VIII-1h Total contributions, gifts and grants$50
VIII-3 Investment incomeExcluded from tax $2,191$2,191
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$80,548−$80,548
VIII-12 Total revenueExcluded from tax −$78,357−$78,307
Part IX · Statement of functional expenses $2,749 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $1,449$1,449
IX-11c Accounting feesManagement $1,200$1,200
IX-24 Other expenses (24a–d)Management $100$100
IX-25 Total functional expensesPrograms $1,449 · Management $1,300 · Fundraising $0$2,749
Part X · Balance sheet $193,967 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $168,538$168,030
X-15 Other assetsStart of year $25,937$25,937
X-16 Total assetsStart of year $194,475$193,967
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $194,475$193,967
X-32 Total net assets or fund balancesStart of year $194,475$193,967
X-33 Total liabilities and net assetsStart of year $194,475$193,967
Part XI · Reconciliation of net assets $193,967 net assets at year end
XI-1 Total revenue−$78,307
XI-2 Total expenses$2,749
XI-3 Revenue less expenses−$81,056
XI-4 Net assets at start of year$194,475
XI-9 Other changes in net assets$80,548
XI-10 Net assets at end of year$193,967

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.