NEW DEVELOPMENT CORPORATION
Data sourced from IRS 990 public filings
NEW DEVELOPMENT CORPORATION 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.
Local (City/County Level)
Low-Income/Economically Disadvantaged
Direct Service Delivery
Housing & Homelessness
Affordable Housing Development
Education & Awareness
Annual Revenue
$178,256
Known Funders
3
Grants Received
3
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $334,395 | $398,663 | $83,016 |
| 2022 | $219,208 | $221,467 | $144,845 |
| 2021 | $178,256 | $157,148 | $140,825 |
| 2020 | $104,790 | $98,140 | $79,183 |
Top Funders
FLAGSTAR FOUNDATION INC
TROY, MI
$20,000 (2021)
GRAND RAPIDS COMMUNITY FOUNDATION
GRAND RAPIDS, MI
$10,000 (2021)
The Chicago Community Trust
Chicago, IL
$10,000 (2022)
Key Personnel
From 2023 IRS 990 filing
H
HELEN LEHMAN
EXECUTIVE DIRECTOR
Key Employee
S
SARAH PEGMAN
DIRECTOR
K
KATE DORSEY
DIRECTOR
E
ERIC JOBE
DIRECTOR
K
KELSEY ROBINSON
DIRECTOR
J
JILL ROTHWELL
DIRECTOR
A
AJ FOSSEL
PRESIDENT
Officer
R
REGINA BRADLEY
SECRETARY
Officer
C
CAROL HENNESSEY
TREASURER
Officer
S
SHAQUILLE ANTHONY
VICE PRESIDENT
Officer
Frequently Asked Questions
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