L โ€” Housing & ShelterEIN: 382445944ยท Ruling Year: 2008

Southgate Non-profit Housing Corporation

Warren, Michigan

CHealth Score
44C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.1M
Total Expenses
๐Ÿฆ
-$3.7M
Net Assets
๐Ÿ“‹
$8.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.76
Net assets divided by total expenses
Liabilities-to-Assets
178.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,289,834โ†‘5%$2,091,470โ†‘2%$4,720,650โ†“2%
2023$2,175,278โ†‘4%$2,049,884โ†‘10%$4,794,352โ†‘4%
2022$2,099,614โ†‘2%$1,857,801โ†“2%$4,621,490โ†“4%
2021$2,057,804โ†“2%$1,899,153โ†‘4%$4,799,475โ†‘1%
2020$2,092,177โ†‘3%$1,824,130$4,745,300
2019$2,026,583โ†‘1%$1,820,595โ†“2%$4,735,847โ†“1%
2018$2,000,521โ†“1%$1,851,736โ†‘1%$4,802,248โ†“3%
2017$2,015,024โ†‘2%$1,837,869โ†“5%$4,959,227โ†“4%
2016$1,974,592โ†‘1%$1,932,558โ†“2%$5,157,335โ†‘1%
2015$1,964,223$1,979,770โ†‘1%$5,089,690โ†“3%
2014$1,959,529โ†‘9%$1,959,126โ†‘4%$5,263,836โ†“7%
2013$1,796,621โ†‘3%$1,877,768โ†‘4%$5,689,314โ†‘2%
2012$1,750,571$1,805,764$5,570,141

Frequently Asked Questions

What does Southgate Non-profit Housing Corporation do?โ–ผ

Southgate Non-profit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Southgate Non-profit Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Southgate Non-profit Housing Corporation has a score of 44/100 (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 Southgate Non-profit Housing Corporation generate?โ–ผ

Southgate Non-profit Housing Corporation reports $2.4M in annual revenue and holds $4.5M in total assets, based on IRS filings.

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Southgate Non-profit Housing Corporation โ€” Warren, MI | GiveScope