NonprofitsNew Directions Housing Corporation

New Directions Housing Corporation

LOUISVILLE, KY

Total revenue

$17.1M

Total expenses

$14.0M

Net assets

$23.9M

Grants received

$7.9M

71 grants

EIN

610715630

Tax year

2023

Mission

New directions develops and manages affordable housing for low-income earners. We also conduct home ownership preservation programs utilizing volunteers and resources from various sources to do essential home repairs that enable them to more safely stay in their residence.

Programs

3 programs

Asset and property management - maintain and preserve rental housing to help low-income households. New directions provides clean, safe, affordable, quality housing for more than 900 families and 1,800 individuals of low income, including children and seniors, in our community's most economically disadvantaged neighborhoods.

Expenses: $2.7M

Home ownership preservation - increase and preserve affordable housing, primarily in louisville's west end neighborhoods. New directions mobilizes community-wide resources and had 1,090 volunteers this fiscal year to assist low to moderate income seniors and disabled homeowners with essential home repairs. In addition, we provide low to moderate income homeowners with larger home repair opportunities through low-interest or forgivable loans to prevent and combat the issue of vacant and abandoned properties in our city.

Expenses: $4.3M

Resident services, real estate development, community building and engagement, and early childhood development.

Expenses: $850K

Financials

FY 2023

Revenue

Contributions & grants$5.8M
Program service revenue$10.7M
Investment income$633K
Other revenue
Total revenue$17.1M

Expenses

Grants paid
Salaries & benefits$4.9M
Fundraising$260K
Other expenses$9.1M
Total expenses$14.0M
Total assets$38.3M
Net assets$23.9M

People

29 listed

NameRoleCompensation

LORI FLANERY

PRESIDENT/CEO

Board

$187K

40 hrs/wk

BRIDGETTE JOHNSON

COO

Board

$152K

40 hrs/wk

KATHLEEN MCKUNE

CRO

Board

$147K

40 hrs/wk

CHRISTOPHER ROSZMAN

CFO

Board

$121K

40 hrs/wk

DAVID SNYDER

CDO

Board

$119K

40 hrs/wk

GEORGE SANDERS

CIO

Board

$99K

40 hrs/wk

JOHN BERAN

CSO

Board

$24K

40 hrs/wk

KEISHA DORSEY

DIRECTOR

Board

0.25 hrs/wk

GORDON C DUKE

DIRECTOR

Board

0.25 hrs/wk

DARRELL FULLER

DIRECTOR

Board

0.25 hrs/wk

KATHRYN GILES

DIRECTOR

Board

0.25 hrs/wk

ZAN GLOVER

DIRECTOR

Board

0.25 hrs/wk

ADAM HALL

DIRECTOR

Board

0.25 hrs/wk

GRETCHEN LEITERMAN

DIRECTOR

Board

0.25 hrs/wk

ZACH WEDDING

CHAIR

Board

0.25 hrs/wk

ANDREW PLEASANT

DIRECTOR

Board

0.25 hrs/wk

JENNIFER RECKTENWALD

DIRECTOR

Board

0.25 hrs/wk

SHERI ROSE

DIRECTOR

Board

0.25 hrs/wk

W ALFRED SMITH

DIRECTOR

Board

0.25 hrs/wk

RITA WARD

DIRECTOR

Board

0.25 hrs/wk

FAITH WEEKLY

DIRECTOR

Board

0.25 hrs/wk

MARKUS WINKLER

DIRECTOR

Board

0.25 hrs/wk

BRENT MILLER

DIRECTOR

Board

0.25 hrs/wk

KURT MASON

VICE CHAIR

Board

0.25 hrs/wk

TONYA MONTGOMERY

TREASURER

Board

0.25 hrs/wk

ELIZABETH RAUCH

SECRETARY

Board

0.25 hrs/wk

TRICIA BURKE

DIRECTOR

Board

0.25 hrs/wk

STACHELLE BUSSEY

DIRECTOR

Board

0.25 hrs/wk

HEATHER M DEARING

DIRECTOR

Board

0.25 hrs/wk

Independent contractors

LIFESTONE DYNAMIC LLC

CONSTRUCTION SERVICES

$1.4M

HOOKER DEJONG INC

CONSULTING SERVICES

$310K

MENGEL EXTERIOR SYSTEMS INC

CONSTRUCTION SERVICES

$194K

BIG G&D LLC

CONSTRUCTION SERVICES

$160K

DIXIE PLUMBING & HEATING CO INC

PLUMBING SERVICES

$148K

Grants received

Showing 71 of 71

FromAmountPurposeYear
$75K
I RISE - A FAMILY SELF SUFFICIENCY (FSS) PROGRAM
2024
$10K
Youth services
2024
$3K
I RISE FAMILY SELF-SUFFICIENCY
2024
$3K
I RISE GALA
2024
$150K
MISSION DELIVERY SUPPORT
2023
$101K
Youth services
2023
$95K
I RISE - A FAMILY SELF SUFFICIENCY PROGRAM, I RISE - FAMILY AND HOUSEHOLD STABILITY EMERGENCY FUND
2023
$75K
PROGRAM SUPPORT
2023
$25K
FUNDING FOR I RISE PROGRAM
2023
$25K
CHARITABLE DONATION
2023
$20K
S20 COMMUNITY/NEIGHBORHOOD DEVELOPMENT IMPROVEMENT
2023
$15K
General program support
2023
$400K
REPAIR AFFAIR AGING IN PLACE
2022
$320K
Youth services
2022
$300K
HOMEOWNERSHIP PRESERVATION - REPAIR AFFAIR
2022
$45K
I RISE - A FAMILY SELF SUFFICIENCY PROGRAM
2022
$30K
General program support
2022
$30K
CHARITABLE DONATION
2022
$25K
GENERAL DONATION
2022
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$600K
PROGRAM SUPPORT
2021
$300K
HOMEOWNERSHIP PRESERVATION - REPAIR AFFAIR
2021
$112K
Youth services
2021
$25K
For recipient's exempt purpose
2021
$20K
CHARITABLE DONATION
2021
$400K
WEST LOUISVILLE BLOCK BY BLOCK
2020
$300K
HOMEOWNERSHIP PRESERVATION - REPAIR AFFAIR
2020
$150K
GENERAL PURPOSE FUNDS
2020
$100K
COVID-19 RESPONSE - HOME REPAIRS IN RUSSELL AND CALIFORNIA NEIGHBORHOODS
2020
$53K
S20 COMMUNITY/NEIGHBORHOOD DEVELOPMENT IMPROVEMENT
2020
$45K
FAMILY SELF SUFFICIENCY PROGRAM
2020
$33K
Support organization's activities.
2020
$31K
Provides housing and support services for children and single-parent homeless families.
2020
$20K
water education
2020
$20K
Technical Assistance
2020
$20K
General program support
2020
$13K
S20 COMMUNITY/NEIGHBORHOOD DEVELOPMENT IMPROVEMENT
2020
$12K
Unrestricted
2020
$10K
CHARITABLE DONATION
2020
$8K
PROVIDE FUNDING FOR REPAIRS PROGRAM THAT ENCOURAGES AGING IN PLACE AND MODIFICATIONS FOR SUSTAINED HOMEOWNERSHIP
2020
$150K
HOMEOWNERSHIP PRESERVATION - REPAIR AFFAIR
2019
$75K
Support organization's activities.
2019
$50K
Charitable Donation
2019
$20K
2019-20 COMMUNITY COLLABORATIVE LEARNING FUNDS
2019
$110K
Provides housing and support services for children and single-parent homeless families.
2018
$76K
Support organization's activities.
2018
$76K
Support organization's activities.
2018
$22K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
2018
$15K
LOW INCOME HOUSING
2018
$6K
Unrestricted
2018
$100
GENERAL OPERATING SUPPORT
2018
$347K
EXPENDABLE GRANTS
2017
$110K
Provides housing and support services for children and single-parent homeless families.
2017

Funded by

$7.9M from 28 funders · 71 grants · 2017–2024

Neighborhood Reinvestment Corporation

$2.6M · 7 grants · 2017–2023

The Gheens Foundation Inc

$1.2M · 5 grants · 2019–2023

James Graham Brown Foundation Inc

$900K · 3 grants · 2020–2022

Metro United Way Inc

$860K · 8 grants · 2017–2024

Legacy Foundation

$675K · 2 grants · 2021–2023

The Harshaw Family Foundation

$321K · 4 grants · 2020–2023

Michelin Charity Golf Tournament

$260K · 4 grants · 2018–2020

C E And S Foundation Inc

$260K · 4 grants · 2020–2024

Details

EIN610715630
Subsection03
Ruling date1972-05
Formed1971
Employees103
Volunteers1090
NEW DIRECTIONS HOUSING CORPORATION — Mission, Financials & Grants Received | Grantivo