CSCharityScored
88

Innovative Housing Development Corporation

Human Services · Fort Gratiot, Michigan

3051 Commerce Dr Ste 5, Fort Gratiot, MI 48059-3866

EIN: 382317342· Founded: Jul 1981· 45 years active· Filing Year: 2023

Annual Revenue

$11.9M

Total Expenses

$11.1M

Total Assets

$7.5M

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$154K

1.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.6M

Total Payroll

$7.8M

70% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 70%
Other overhead: -1%
Program Revenue$11.2M (95%)
Total Expenses$11.1M (94%)
Payroll$7.8M (70%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$11.9M annual revenue

15%

Executive Compensation

$154K total officer comp (1.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.5M 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.