Affordable Housing
Provides room and board at rates significantly below market price so students with limited resources can access higher education.
Student housing cooperative providing affordable living at University of Michigan
About Organization
Based in Ann Arbor, MI, The Inter-Cooperative Council operates student-run housing cooperatives for University of Michigan students. Founded in 1937, the organization reported $5.1 million in revenue for 2023, providing affordable, democratically governed housing in 20 houses serving over 600 members who share responsibilities, build community, and reduce living costs.
Affordable Housing
Provides room and board at rates significantly below market price so students with limited resources can access higher education.
Democratic Self-Governance
Empowers student members to make decisions about their living community through democratic processes and shared responsibility.
Life Skills & Education
Builds practical skills in cooking, budgeting, conflict resolution, and community management through cooperative living.
Form 990 data showing organizational financial health and growth.
Revenue (2024)
$4.5M
-8.5% vs 2023
Expenses (2024)
$4.5M
+2.5% vs 2023
Assets (2024)
$10.0M
+0.4% vs 2023
Employees (2024)
25
+25% vs 2023
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2024 | $4,453,270 | $4,483,252 | $9,996,589 | 25 |
| 2023 | $4,867,463 | $4,374,433 | $9,959,483 | 20 |
| 2022 | $4,619,128 | $4,508,002 | $9,519,487 | 29 |
| 2020 | $3,194,348 | $3,488,958 | $7,959,542 | 21 |
| 2019 | $3,559,304 | $3,539,179 | $6,902,693 | 26 |
| 2018 | $3,555,189 | $3,555,657 | $6,681,918 | 27 |
| 2017 | $3,580,459 | $3,419,774 | $6,622,909 | 23 |
Source: IRS Form 990 filings. All figures in USD.
Members vote on house policies, budgets, and major decisions through regular house meetings and elected representatives.
Each member contributes labor hours for cooking, cleaning, maintenance, and house operations, keeping costs low.
Cooperative structure eliminates landlord profit, providing room and board well below market rates for Ann Arbor.
Shared meals, house events, and collaborative living foster strong relationships and life skills that extend beyond graduation.
Services and programs offered by The Inter-Cooperative Council At The
Operates multiple cooperative houses providing affordable room and board for University of Michigan students through shared work and democratic governance.
Builds life skills, community engagement, and personal relationships through cooperative living, house meetings, and shared responsibilities.
Maintains and improves cooperative housing properties through shared member work and professional staff support.
Creates a safe, welcoming environment where all students feel at home regardless of race, creed, color, or national origin.
Meet the people behind The Inter-Cooperative Council At The.
Eighty years of cooperative student housing in Ann Arbor
1944
1944
The ICC established to provide affordable cooperative housing for University of Michigan students.
1948
1948
Received 501(c)(3) recognition for providing low-rent educational housing and promoting social welfare.
2020
2020
Revenue dropped to $3.2 million as campus housing demand was disrupted during the COVID-19 pandemic.
2024
2024
Operates with 550 member-volunteers and 25 staff, generating $4.5 million in revenue to maintain affordable cooperative housing.
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2024)
$123K
Highest Paid
$123K
Brian Donovan
Compensated Officers
1
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Brian Donovan | General Manager | $97,831 | $24,802 | $122,633 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Brian Donovan | General Manager | $89,333 | $24,355 | $113,688 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Brian Donovan | General Manager | $62,476 | $11,214 | $73,690 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Nick Coquillard | General Mana | $76,406 | $7,146 | $83,552 | 40 |
| Karin Lee Keim | Finance Dire | $71,824 | $6,712 | $78,536 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Nick Coquillard | General Mana | $72,380 | $16,913 | $89,293 | 40 |
| Karin Lee Keim | Finance Dire | $70,395 | $8,145 | $78,540 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Paycheck Protection Program (2020-2021)
Total Approved
$180K
Total Forgiven
$182K
101% forgiven
Jobs Retained
17
Source: Small Business Administration • Paycheck Protection Program (2020-2021)
Economic Injury Disaster Loan Program (2020-2021)
Total Borrowed
$150K
Subsidy Cost
$13K
9% of loan
Loan Count
1
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Source: Small Business Administration • Economic Injury Disaster Loan Program (2020-2021)
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.
Get in touch with The Inter-Cooperative Council At The