THE INTER-COOPERATIVE COUNCIL AT THE UNIVERSITY OF MICHIGAN Charity Report

Public IRS 990 nonprofit record

THE INTER-COOPERATIVE COUNCIL AT THE UNIVERSITY OF MICHIGAN

EIN 38-1381476 · Homeowners & Tenants Associations (L50)

What they do

to PROMOTE THE SOCIAL and GENERAL WELFARE of THE COMMUNITY BY OFFERING LOW-RENT HOUSING to ALL UNIVERSITY STUDENTS, REGARDLESS of RACE, CREED, COLOR or NATIONAL ORIGIN, and THUS INFLUENCE THE COMMUNITY to ELIMINATE PREJUDICE and DISCRIMINATION IN HOUSING; to ADVANCE THE CAUSE of EDUCATION BY PROVIDING INEXPENSIVE BOARD and LODGING for UNIVERSITY STUDENTS WITH LIMITED RESOURCES, SO THAT THOSE WHO MIGHT NOT OTHERWISE BE ABLE to CONTINUE AT THE UNIVERSITY BECAUSE of ECONOMIC NEED MAY ENJOY THE FRUITS and THE BENEFITS of HIGHER EDUCATION; to RELIEVE THE GOVERNMENT of THE STATE of MICHIGAN FROM THE BURDEN of BUILDING and OPERATING STATE-OWNED DORMITORIES BY CREATING HOUSING FACILITIES for STUDENTS AT LOW COST ON A COOPERATIVE BASIS, and to CONTINUALLY EXPAND and EXTEND THOSE FACILITIES IN THE COMMUNITY INTEREST; and to INITIATE, COORDINATE, DIRECT and OTHERWISE PARTICIPATE IN EDUCATIONAL EFFORTS and PROGRAMS for THE EDUCATION of OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.38%of revenue went to mission work84.8% of expenses · Program services

$100.67spent for every $100 of revenueSpending was higher than revenue this year.

15.29%of revenue went to management and office costs15.2% of expenses

$2.23in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $29,982 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $122,633 for BRIAN DONOVAN (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,453,270

Mission workProgram services$3,802,15585.38% of revenue84.8% of expenses

ManagementOffice and general costs$681,09715.29% of revenue15.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$4,483,252100.67% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 100.67% of revenue

2023Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 89.87% of revenue

2022Expense mix: 83.8% mission · 16.2% management · 0.0% fundraisingTotal expenses: 97.59% of revenue

2021Expense mix: 74.5% mission · 25.3% management · 0.3% fundraisingTotal expenses: 104.87% of revenue

2020Expense mix: 75.3% mission · 24.5% management · 0.2% fundraisingTotal expenses: 109.22% of revenue

2019Expense mix: 75.1% mission · 24.5% management · 0.4% fundraisingTotal expenses: 99.43% of revenue

2018Expense mix: 76.2% mission · 23.1% management · 0.7% fundraisingTotal expenses: 100.01% of revenue

2017Expense mix: 79.4% mission · 19.8% management · 0.8% fundraisingTotal expenses: 95.51% of revenue

Money in and money out

Revenue$4,453,270

Expenses$4,483,252

Annual shortfall $29,982 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,802,155 · 84.8% of expenses

Management and office costs$681,097 · 15.2% of expenses

See all reported dollar amounts

Revenue$4,453,270

Expenses$4,483,252

Assets$9,996,589

Income$4,453,270

Contributions$5,756

Mission work (program services)$3,802,155

Management and general$681,097

Executive compensation (total)$169,498

Stocks and bonds$735,395

Accounting fees$24,150

Investing fees$8,728

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN DONOVANGENERAL MANAGER · 40 hrs/week $122,633Base $97,831 · Other $24,802

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

BRIAN DONOVANGENERAL MANAGER

ORPHEUS BARTLESONDIRECTOR

JOSEPH READIRECTOR

JOSHUA LYNCHDIRECTOR

JOSHUA SHEATSVICE PRESIDENT OF FINANCE

KYLE ANDERSONDIRECTOR

KYLE LACHANCEDIRECTOR

LILLY BARBERDIRECTOR

MADELYN CHAUDIRECTOR

MARCO GARCIADIRECTOR

MARY HOSKINSDIRECTOR (THRU SEPTEMBER)

MATEO DIAZDIRECTOR

MAXIM SHARIPOVDIRECTOR (THRU AUGUST)

JONATHAN MENGDIRECTOR

PORTER MALCOLMVICE PRESIDENT OF EDUCATION

ROHAN ABERNATHY-WEEDIRECTOR

RUTHY LYNCHVP OF MARKETING (THRU AUGUST)

SAM CHAUHANDIRECTOR

SAMUEL FANGDIRECTOR (THRU APRIL)

SHANNON ARMSTRONGDIRECTOR

SHAY ZHANGDIRECTOR

VICTO HUNGERMANDIRECTOR

VIVIAN BRANHAMVICE PRESIDENT OF OPERATIONS

YUMNA DAGHERDIRECTOR

GEORGE KRIPPNERDIRECTOR

ALAINA WRIGHTDIRECTOR

ALEX CHRISTIANDIRECTOR

BEN ROSEDIRECTOR

BROOKE HUDSONVICE PRESIDENT OF FACILITIES

BRYAN PAGANPRESIDENT

CATHERINE TAPPANVP OF OPERATIONS (THRU AUGUST)

CERES CONRADDIRECTOR (THRU AUGUST)

CHARLES SWANDIRECTOR

ELEANOR BARRETTDIRECTOR

EMMA HIGBEEDIRECTOR

GENIVIEVE RIVETDIRECTOR (THRU AUGUST)

JORJA WEGRYN-JONESVICE PRESIDENT OF DIVERSITY & JUSTICE

GRACE SIELINSKIDIRECTOR

IAN SANDLER-BOWENDIRECTOR

JACK HANDZELDIRECTOR

JACOB TRYGSTADDIRECTOR

JADE WHITTAKER-MITTSVICE PRESIDENT OF MARKETING

JARED KATZMANDIRECTOR (THRU AUGUST)

JASMINE GABRIEL-MENEGAYDIRECTOR

JEREMY RITZDIRECTOR

JESSE SLATERDIRECTOR

ABIOLA OLADIPODIRECTOR

About this charity

Recognized since: January 1948
Location: 337 E WILLIAM ST, ANN ARBOR, MI 48104-2316
County: Washtenaw
In care of: BRIAN DONOVAN
Primary officer: BRIAN DONOVAN, GENERAL MANAGER

How to reach them

WebsiteVisit the charity’s website Emailfinanceoffice@icc.coop Phone(734) 662-4414

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: WEGNER CPAS LLP
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations