Norway Area Non-profit Housing Corporation
Escanaba, Michigan
DHealth Score
27D
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Poor
💰
$176K
Total Revenue
📊
$194K
Total Expenses
🏦
-$245K
Net Assets
📋
$650K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+5.9%
Year-over-year change (2022 → 2023)
Net Margin
-10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.26
Net assets divided by total expenses
Liabilities-to-Assets
160.5%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $176,332↑6% | $194,120↑5% | $404,805↓6% | — |
| 2022 | $166,514 | $184,887↑8% | $428,698↓5% | — |
| 2021 | $165,746↓3% | $171,641↓1% | $453,622↓4% | — |
| 2020 | $170,232↑4% | $173,700↓4% | $471,244↓2% | — |
| 2019 | $163,374↑1% | $180,893↑6% | $482,687↓5% | — |
| 2018 | $162,347↓1% | $170,847↓1% | $506,950↓3% | — |
| 2017 | $164,579↓1% | $172,814↑6% | $522,624↓3% | — |
| 2016 | $166,418 | $163,717↓1% | $536,735↓1% | — |
| 2015 | $166,274↑4% | $164,946↓1% | $540,477 | — |
| 2014 | $160,544↑1% | $166,894↑6% | $543,161↓2% | — |
| 2013 | $158,399↑2% | $157,858↑1% | $554,837 | — |
| 2012 | $154,998↑1% | $157,009↑2% | $556,893↓1% | — |
| 2011 | $154,218 | $154,408 | $563,729 | — |
Frequently Asked Questions
What does Norway Area Non-profit Housing Corporation do?▼
Norway Area Non-profit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norway Area Non-profit Housing Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Norway Area Non-profit Housing Corporation.
How much revenue does Norway Area Non-profit Housing Corporation generate?▼
Norway Area Non-profit Housing Corporation reports $208K in annual revenue and holds $362K in total assets, based on IRS filings.
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