New Development Corporation

Fiscal year ending 2023. Filed on May 22, 2024.

205 Carrier St NE
Grand Rapids, Michigan 49505

New Development Corporation (EIN: 38-3326468) has filed an IRS Form 990 between fiscal years 2020 and 2023. In its fiscal year 2023 IRS Form 990 filing, New Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 6 total employees. Among the employees shown here, the average compensation is $81,471. The highest compensated employee at New Development Corporation is Helen Lehman with fiscal year 2023 compensation of $81,471.

Revenue, expenses, and employee compensation

Revenue

$334,395

Expenses

$398,663

Employee compensation

$142,744
Revenue, expenses, and employee compensation over time

Mission Statement

PROMOTE HOME OWNERSHIP & AFFORDABLE HOUSING TO ALLEVIATE NEIGHBORHOOD BLIGHT IN TARGETED LOW AND MODERATE INCOME ARES. WORK WITH LOW-INCOME INDIVIDUALS TO HELP THEM OBTAIN AND RETAIN HOME OWNERSHIP, FACILITATE HOMEOWNER REPAIR GRANTS AND TAX RETURN PREPARATION.

Revisions to this organization profile

May 22, 2024:
2023 New Development Corporation 990 filed
June 21, 2023:
2022 New Development Corporation 990 filed
May 4, 2022:
2021 New Development Corporation 990 filed

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