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EIN 87-1940229

Peninsula Housing

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Suttons Bay
State
Michigan
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
Peninsula Housing champions a community land trust model dedicated to providing secure, affordable housing in Leelanau County. It purchases and updates residential properties, enabling individuals who might otherwise be unable to afford a home to buy the house while leasing the land on a long-term basis.
Total revenues
$492,792
2023
Total expenses
$48,199
2023
Total assets
$1,618,636
2023
Num. employees
0
2023

Program areas at Peninsula Housing

Purchase and update residential properties. Sell the house, but not the land, to individuals who would otherwise not be able to afford the home. Peninsula Housing leases the land to the homeowner on a long term lease.

Who funds Peninsula Housing

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$41,000
Leelanau Township Community FoundationFund Purchase of An Affordable Home$25,000
HP FoundationGeneral Operating Support$5,000
...and 1 more grant received

Financials for Peninsula Housing

RevenuesFYE 12/2023
Total grants, contributions, etc.$477,905
Program services$10,841
Investment income and dividends$4,046
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$492,792

Form 990s for Peninsula Housing

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990View PDF
Data update history
December 24, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Leelanau Township Community Foundation
August 26, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from HP Foundation
June 1, 2023
Posted financials
Added Form 990N for fiscal year 2022
June 2, 2022
Posted financials
Added Form 990N for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 555
Suttons Bay, MI 49682
County
Leelanau County, MI
Phone
(231) 866-0512
IRS details
EIN
87-1940229
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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