Northern Homes Community Development Corporation
Boyne City, Michigan
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.6M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$2.3M
Net Assets
📋
$3.1M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+54.1%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.41
Net assets divided by total expenses
Liabilities-to-Assets
57.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,647,392↑54% | $1,619,675↑74% | $5,333,546↑4% | — |
| 2022 | $1,069,277↓30% | $930,755↑43% | $5,128,943↑18% | — |
| 2021 | $1,524,344↑68% | $651,089↑3% | $4,359,546↑43% | — |
| 2020 | $905,904↓4% | $633,739↑5% | $3,044,401↓2% | — |
| 2019 | $940,858↑71% | $602,073↑19% | $3,109,113↑31% | — |
| 2018 | $550,701↑14% | $507,765↓17% | $2,365,042↑3% | — |
| 2017 | $483,023↓50% | $614,023↓21% | $2,305,329↑7% | — |
| 2016 | $969,143↑7% | $777,087↑42% | $2,152,822↑10% | — |
| 2015 | $904,459↑38% | $548,733↓6% | $1,952,797↑21% | — |
| 2014 | $657,212↑47% | $585,252↑14% | $1,607,571↑17% | — |
| 2013 | $446,912↓25% | $512,404↓5% | $1,378,588↓10% | — |
| 2012 | $599,754↓3% | $540,576↓10% | $1,532,158↑6% | — |
| 2011 | $617,690 | $603,744 | $1,442,713 | — |
Frequently Asked Questions
What does Northern Homes Community Development Corporation do?▼
Northern Homes Community Development Corporation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Homes Community Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northern Homes Community Development Corporation.
How much revenue does Northern Homes Community Development Corporation generate?▼
Northern Homes Community Development Corporation reports $963K in annual revenue and holds $5.5M in total assets, based on IRS filings.
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