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Cooperative Services INC

Tax-deductible

Warren, MI501(c)(3)Housing EIN 38-1242615Revenue $433K in FY2025

On file with the IRS8425 E 12 Mile Rd, 48093-2738 · Warren, MITax-exempt since Apr 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To invest in housing facilities for low income senior citizens.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $51K a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 22.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$454K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$433K
+13% vs prior year
Spent
$337K
To programs
77%
Net assets
$4.4M
By yearFY2020–FY2025
Revenue
$433K
FY2025▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$385K
FY2021$362K
FY2022$351K
FY2023$363K
FY2024$382K
FY2025$433K
Expenses
$337K
FY2025▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$311K
FY2021$286K
FY2022$321K
FY2023$349K
FY2024$368K
FY2025$337K
Net assets
$4.4M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.7M
FY2021$4.8M
FY2022$4.9M
FY2023$4.2M
FY2024$4.2M
FY2025$4.4M

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2016.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $259K Management & general 23% · $78K

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

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Who runs it and what they're paid

26 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Sheryle Morey
President
$0Pt VII · Sec A
Jeri Draughon
Secretary
$0Pt VII · Sec A
Cindy Lamb
Assistant Treasurer
$0Pt VII · Sec A
Anne Sackrison
Assistant Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Ethel Young
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cooperative Services INC executive salaries →

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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 15aYes

Programs and updates

Provides housing facilities for low-income senior citizens.

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Provided by the organization

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1 program · $259K · in their own filed words · FY2024
01

Cooperative services, inc., a michigan non-profit corporation, is a consumer cooperative wholly-owned by csi support and developement services. The company has as its principal business activity the investment in housing properties, primarily for low, very low and extremely low-income senior citizens, finance through federal, state and…

$259Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$433K
Ln 12
Fees for servicesLn 2g$370K
Investment incomeLn 3$63K
Other incomeLn 4–11$100
Money outPt IX
$337K
Ln 25
Programscol B$259K
Managementcol C$78K
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$617K
Total assetsLn 16$4.8M
LiabilitiesLn 26$454K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$370K
Investment incomeLn 3$63K
Other incomeLn 4–11$100
Total revenueLn 12$433K
Assets in detailPt X, end of year
CashLn 1$617K
Cash and savings togetherLn 1–2$617K
Land, buildings, equipmentLn 10c$1.1M
Other assetsLn 15$3.1M
Total assetsLn 16$4.8M
LiabilitiesLn 26$454K
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$592K$617K
Land, buildings, equipmentLn 10c$1.1M$1.1M
Total assetsLn 16$5.9M$4.8M
LiabilitiesLn 26$1.7M$454K
Net assetsLn 32$4.2M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$31K$31K
Office expensesLn 13$6K$6K
OccupancyLn 16$148K$148K
Depreciation, depletion and amortizationLn 22$55K$55K
Other expenses (24a–d)Ln 24$97K$56K$41K
Total functional expensesLn 25$337K$259K$78K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $433K$337K$96K$4.4M 990 PDF
FY2024 $382K$368K$15K$4.2M 990 PDF
FY2023 $363K$349K$13K$4.2M 990 PDF
FY2022 $351K$321K$30K$4.9M 990 PDF
FY2021 $362K$286K$76K$4.8M 990 PDF
FY2020 $385K$311K$74K$4.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $433,046 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $352,800$369,600
I-10 Investment incomePrior year $29,630$63,346
I-11 Other revenuePrior year $0$100
I-12 Total revenuePrior year $382,430$433,046
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $367,744$336,666
I-18 Total expensesPrior year $367,744$336,666
I-19 Revenue less expensesPrior year $14,686$96,380
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $433,046 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $369,600$369,600
VIII-3 Investment incomeExcluded from tax $63,346$63,346
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $100$100
VIII-12 Total revenueRelated to mission $369,600 · Unrelated business $0 · Excluded from tax $63,446$433,046
Part IX · Statement of functional expenses $336,666 across 5 lines filed
IX-11c Accounting feesManagement $30,825$30,825
IX-13 Office expensesManagement $5,985$5,985
IX-16 OccupancyPrograms $147,818$147,818
IX-22 Depreciation, depletion and amortizationPrograms $55,244$55,244
IX-24 Other expenses (24a–d)Programs $55,697 · Management $41,097$96,794
IX-25 Total functional expensesPrograms $258,759 · Management $77,907 · Fundraising $0$336,666
Part X · Balance sheet $4,807,040 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $592,112$616,513
X-4 Accounts receivableStart of year $1,153,596$10,835
X-9 Prepaid expenses and deferred chargesStart of year $0$1,007
X-10c Land, buildings and equipment, netStart of year $1,088,483$1,064,380
X-15 Other assetsStart of year $3,107,730$3,114,305
X-16 Total assetsStart of year $5,941,921$4,807,040
X-17 Accounts payable and accrued expensesStart of year $1,625,346$385,921
X-19 Deferred revenueStart of year $30,800$30,800
X-25 Other liabilitiesStart of year $37,493$37,493
X-26 Total liabilitiesStart of year $1,693,639$454,214
X-27 Net assets without donor restrictionsStart of year $4,248,282$4,352,826
X-32 Total net assets or fund balancesStart of year $4,248,282$4,352,826
X-33 Total liabilities and net assetsStart of year $5,941,921$4,807,040
Part XI · Reconciliation of net assets $4,352,826 net assets at year end
XI-1 Total revenue$433,046
XI-2 Total expenses$336,666
XI-3 Revenue less expenses$96,380
XI-4 Net assets at start of year$4,248,282
XI-9 Other changes in net assets$8,164
XI-10 Net assets at end of year$4,352,826

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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