Innovative Housing Dev Corporation

Human services organization based in Fort Gratiot, MI. 240 employees. Exempt under §501(c)(3).

MissionTO PROVIDE A VARIETY OF QUALITY SERVICES AND SUPPORTS TO INDIVIDUALS WITH SPECIAL NEEDS. IN ADDITION, TO PROVIDE AFFORDABLE HOUSING TO A VARIETY OF INDIVIDUALS INCLUDING HANDICAPPED, ELDERLY, AND LIMITED INCOME PERSONS.

EIN
38-2317342
State
MI
Sector
Human services
Budget band
$10M–$25M
Latest filing
TY 2023
Records
3 officers · 5 years

Financial snapshot · TY 2023

$12.6M
Total revenue
$11.8M
Total expenses
$9.6M
Net assets

Financial health · TY 2023

64
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
48
8.7 months of expenses
Program efficiency
100
90.3% spent on programs
Revenue diversity
21
Mix of program fees, grants & contributions

Leadership compensation

Renae Kiehler
EXECUTIVE DIRECTOR
$145,996
25th percentile vs. peers
Heather House
FISCAL SERVICES DIRECTOR
$125,919
31th percentile vs. peers
Melinda Campbell
OPERATIONS DIRECTOR
$110,824
13th percentile vs. peers

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Innovative Housing Dev Corporation Executive Compensation | 990 Data | DoubleNine