LHousing & ShelterEIN: 042794776· Ruling Year: 1983

City Square Elderly Housing Inc

Warren, Michigan

CHealth Score
41C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

💰
$3.7M
Total Revenue
📊
$12.1M
Total Expenses
🏦
-$11.9M
Net Assets
📋
$33.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+92.4%
Year-over-year change (2022 → 2023)
Net Margin
-224.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.99
Net assets divided by total expenses
Liabilities-to-Assets
155.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,729,38892%$12,094,067530%$21,618,130506%
2022$1,938,8201%$1,921,0272%$3,565,2862%
2021$1,949,2442%$1,954,2404%$3,649,7432%
2020$1,918,9062%$1,885,627$3,737,959
2019$1,882,5431%$1,888,900$3,743,7142%
2018$1,858,7923%$1,889,2856%$3,810,0763%
2017$1,806,3181%$1,779,79914%$3,929,1701%
2016$1,787,9453%$2,063,49523%$3,950,7333%
2015$1,741,2801%$1,676,1301%$4,052,6641%
2014$1,750,1881%$1,654,7423%$4,029,3041%
2013$1,740,2866%$1,700,2119%$4,051,763
2012$1,859,959$1,564,261$4,062,140

Frequently Asked Questions

What does City Square Elderly Housing Inc do?

City Square Elderly Housing Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is City Square Elderly Housing Inc financially healthy?

Based on our 9-metric Financial Health Score model, City Square Elderly Housing Inc has a score of 41/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does City Square Elderly Housing Inc generate?

City Square Elderly Housing Inc reports $4.8M in annual revenue and holds $11.6M in total assets, based on IRS filings.

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