Mdbm-Drake Senior Housing Corporation

Human Services · Farmingtn Hls, Michigan

30301 W 13 Mile Rd, Farmingtn Hls, MI 48334-2209

EIN: 362296657· Founded: May 2008· 18 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.2M

Total Assets

$1.7M

Program Spending

36%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$44K

3.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$268K

Total Payroll

$312K

26% of total expenses

Where the Money Goes

36%

Programs: 36%

Payroll: 26%

Other overhead: 64%

Program Revenue$424K (30%)

Total Expenses$1.2M (83%)

Payroll$312K (26%)

Overhead (non-program)64%

Trust Score Breakdown

Program Spending Ratio

36% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$44K total officer comp (3.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.7M in assets

10%

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