NonprofitsMaple Grove Development Corporation I

Housing & Shelter

Maple Grove Development Corporation I

CHAMPAIGN, IL

Total revenue

$4.4M

Total expenses

$3.0M

Net assets

$12.8M

Grants received

$139K

1 grants

EIN

452396461

Tax year

2024

Mission

To foster, develop and manage low-income and affordable housing, in conjunction with ancillary support services which provide safe, decent, quality, affordable housing services to those of limited resources in search of a better living environment.

Programs

8 programs

To own and operate 104 units of low income housing for the elderly known as mgdc washington.

Expenses: $875K

To construct, own and operate 24 units of low income family housing known as mgdc pinewood, llc.

Expenses: $295K

To construct, own and operate 12 units of low income family housing known as mgdc mahomet.

Expenses: $202K

Own and operate 24 units of low income & emergency housing for the homeless, known as maple grove manor

Expenses: $148K

To own and operate 20 units of low income housing for the elderly known as mgdc youman.

Expenses: $133K

To own and operate 16 units of low income housing for the elderly known as mgdc columbia.

Expenses: $125K

To own and operate 6 units of low income housing for the elderly known as mgdc hayes.

Expenses: $43K

To oversee and develop additional low income housing in development.

Expenses: $43K

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue$925K
Investment income$50K
Other revenue$5K
Total revenue$4.4M

Expenses

Grants paid
Salaries & benefits$534K
Fundraising
Other expenses$2.4M
Total expenses$3.0M
Total assets$20.8M
Net assets$12.8M

People

8 listed

NameRoleCompensation

LILY WALTON

CEO

Board

4 hrs/wk

REV RICKEY E PARKS

Vice President

Board

0.25 hrs/wk

TODD SALEN

Director

Board

0.25 hrs/wk

FRANCESCA MORGAN

Director

Board

0.25 hrs/wk

BAILEE VANANTWERP

Director

Board

0.25 hrs/wk

PETER MCFARLAND

Director

Board

0.25 hrs/wk

LINDA TURNBULL

Resident Advisr

Board

0.25 hrs/wk

DR GRANT HENRY

Chairman

Board

0.25 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$139K
SVCS TO UNSERVED POPULATIONS
2020

Funded by

$139K from 1 funder · 1 grant · 2020

The Carle Foundation

$139K · 1 grant · 2020

Details

EIN452396461
NTEE codeL21
Subsection03
Ruling date2015-07
Formed2014
Employees0
Volunteers7
MAPLE GROVE DEVELOPMENT CORPORATION I — Mission, Financials & Grants Received | Grantivo