Housing & Shelter
New Development Corporation
GRAND RAPIDS, MI
Total revenue
$725K
Total expenses
$619K
Net assets
$137K
Grants received
$77K
6 grants
EIN
383326468
Tax year
2024
Mission
Promote home ownership & affordable housing, alleviate neighborhood blight in targeted low & moderate income area, work with low income individuals to help them obtain and maintain home ownership.
Programs
3 programs
Nep project- neighborhood enhancement program awards small grants to income-eligible homeowners for "curb appeal" repairs to their homes. This program is funded through mshda.
MI Hope- The MI-HOPE program aims to improve the health and safety of Michigan households by providing funding for repairs and maintenance for single family homes. Included in this program's revenue is $104k for energy-efficiency incentives.
Tax preparation program- assist low/moderate income tax filers complete and file income tax returns. Help individuals benefit from the michigan homestead property tax credit. This program returns dollars to the community to assist with home ownership and maintenance.
Financials
FY 2024
Revenue
Expenses
People
7 listed
KATE DORSEY
DIRECTOR
—
1 hrs/wk
ERIC JOBE
DIRECTOR
—
1 hrs/wk
AJ FOSSEL
PRESIDENT
—
2 hrs/wk
REGINA BRADLEY
SECRETARY
—
2 hrs/wk
CAROL HENNESSEY
TREASURER
—
2 hrs/wk
SHAQUILLE ANTHONY
VICE PRESIDENT
—
1 hrs/wk
HELEN LEHMAN
EXECUTIVE DIRECTOR
$55K
32 hrs/wk
Independent contractors
Rasmussen Exteriors
Exterior home work (both for sale and repairs under MI Hope)
Grants received
Showing 6 of 6
Funded by
$77K from 3 funders · 6 grants · 2018–2023
$55K · 3 grants · 2020–2022
$20K · 2 grants · 2022–2023
$2K · 1 grant · 2018