Daffy

Homestretch Nonprofit Housing Corporation

Homestretch Nonprofit Housing Corporation

Traverse City, MI
Tax ID38-3337549

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About this organization

Revenue

$299,388

Expenses

$282,658

Mission

Assist low income and economically disadvantaged families to acquire an affordable, decent home in a suitable environment in order that they may be bolstered to obtain an adequate, equitable and sustainable standard of living.

About

Developed over 110 affordable units for sale throughout our service area, offer 38 affordable (below market rate) rentals and 72 homeownership opportunities in Traverse City.

Interesting data from their 2019 990 filing

The non-profit's mission, as documented in the filing, is “Assist low income and economically disadvantaged families to acquire an affordable, decent home in a suitable environment in order that they may be bolstered to obtain an adequate, equitable and sustainable standard of living.”.

When explaining its purpose, the activities were described as: “Assist low income and economically disadvantaged families to acquire an affordable, decent home in a suitable environment in order that they may be bolstered to obtain an adequate, equitable and sustainable standard of living.”.

  • The non-profit is legally allowed to operate in the state of MI, as reported.
  • The filing provides the non-profit's address in 2019 as 400 BOARDMAN AVE NO 10, TRAVERSE CITY, MI, 49684.
  • The non-profit has a total of 2 employees, as reported on their form for 2019.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $16,730.
  • The organization has 12 independent voting members.
  • The organization was formed in 1996.
  • The organization pays $98,515 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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