CSCharityScored
50

Homestretch Nonprofit Housing Corporation

Human Services · Traverse City, Michigan

400 Boardman Ave Ste 10, Traverse City, MI 49684-3507

EIN: 383337549· Founded: Mar 1998· 28 years active· Filing Year: 2023

Annual Revenue

$3.1M

Total Expenses

$971K

Total Assets

$7.4M

Program Spending

36%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$113K

11.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$119K

Total Payroll

$232K

24% of total expenses

Where the Money Goes

36%
Programs: 36%
Payroll: 24%
Other overhead: 64%
Program Revenue$354K (12%)
Total Expenses$971K (32%)
Payroll$232K (24%)
Overhead (non-program)64%

Trust Score Breakdown

Program Spending Ratio

36% of expenses go to programs

40%

Revenue & Stability

$3.1M annual revenue

15%

Executive Compensation

$113K total officer comp (11.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.