NonprofitsGrundy Development Corporation

Housing & Shelter

Grundy Development Corporation

MORRIS, IL

Total revenue

$1.2M

Total expenses

$1.0M

Net assets

$1.3M

Grants received

$182K

4 grants

EIN

364104384

Tax year

2024

Mission

To promote the development, establishment, or expansion industries, primarily low-income housing, serving the needs of people of low income in grundy county, illinois

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income
Other revenue$63K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$511K
Fundraising
Other expenses$513K
Total expenses$1.0M
Total assets$2.2M
Net assets$1.3M

People

5 listed

NameRoleCompensation

LAUREN OFFERMAN

Vice Chair

Board

0

SHANE GILBERTSON

Chair

Board

0

JC LAWSON

Director

Board

0

TOM TESDAL

Director

Board

0

LORI BONAREK

Director

Board

0

Grants received

Showing 4 of 4

FromAmountPurposeYear
$34K
FEED THE HUNGRY
2023
$27K
FEED THE HUNGRY
2022
$41K
FEED THE HUNGRY
2021
$81K
FEED THE HUNGRY
2020

Funded by

$182K from 1 funder · 4 grants · 2020–2023

Northern Illinois Food Bank

$182K · 4 grants · 2020–2023

Details

EIN364104384
NTEE codeL21Z
Subsection03
Ruling date1998-06
Formed1996
Employees8
GRUNDY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo