NonprofitsNew Level Community Development Corporation

Community Improvement & Capacity Building

New Level Community Development Corporation

NASHVILLE, TN

Total revenue

$967K

Total expenses

$1.4M

Net assets

$6.1M

Grants received

$63K

3 grants

EIN

621873654

Tax year

2024

Mission

New level community development corporation advocates for low-to-moderate income community by working with legislators, other non-profits, and private developers to create more affordable homes in nashville.

Programs

2 programs

Home buyer education is a 1 day, 6 hour course offered once per month from january through october, and is taught by trained certified instructors. They also provide a 1 hour private consultation. The curriculum used is provided by neighbor works america. In addition, housing counseling is provided as needed to assist individuals.

Financial education is provided through individual coaching sessions. Some individuals who complete the required 10 hours of financial education course work and meet eligibility requirements enter into a matching savings program to help them establish savings habits and begin to build assets. Once they reach their savings goal, they may receive match dollars to help them purchase a home, start a small business, or continue their post secondary education. The corporation uses office space donated by mt zion baptist church, which has been recorded as an in-kind donation.

Financials

FY 2024

Revenue

Contributions & grants$100K
Program service revenue$689K
Investment income
Other revenue$177K
Total revenue$967K

Expenses

Grants paid
Salaries & benefits$430K
Fundraising
Other expenses$967K
Total expenses$1.4M
Total assets$8.1M
Net assets$6.1M

People

10 listed

NameRoleCompensation

TERESA SKIPPER

EXECUTIVE DIRECTOR

Board

$109K

50 hrs/wk

MICHAEL LUMMUS

DIRECTOR

Board

1 hrs/wk

BRIAN BRADSHAW

DIRECTOR

Board

1 hrs/wk

BARRY GREER

DIRECTOR

Board

1 hrs/wk

MARIE HOLMES

DIRECTOR

Board

1 hrs/wk

SHANNON FITZPATRICK

DIRECTOR

Board

1 hrs/wk

JEFF RUPRIGHT

TREASURER

Board

2 hrs/wk

BRIAN JORDAN

CO-CHAIR

Board

2 hrs/wk

PAULA ROBERTS

CO-CHAIR

Board

2 hrs/wk

LENEIVA HEAD

SECRETARY

Board

2 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$8K
TO PROVIDE HOUSING COUNSELING TO OVER 200 FAMILIES IN NASHVILLE SEEKING TO FIND AFFORDABLE HOMES AND BECOME STABILE HOMEOWNERS.
2023
$50K
FOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.
2022
$5K
TO PROVIDE HOUSING COUNSELING TO MORE THAN 200 FAMILIES SEEKING TO OWN A HOME IN NASHVILLE.
2020

Funded by

$63K from 2 funders · 3 grants · 2020–2023

Enterprise Community Loan Fund Inc

$50K · 1 grant · 2022

The Community Foundation Of Middle

$13K · 2 grants · 2020–2023

Details

EIN621873654
NTEE codeS30
Subsection03
Ruling date2003-02
Formed2001
Employees5
Volunteers12
NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo