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New Hope Community Development Non-Profit Housing Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382975829 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is New Hope Community Development Non-Profit Housing Corp?

New Hope Community Development Non-Profit Housing Corp is a local housing and neighborhood revitalization organization situated in West Detroit, Michigan. With a single employee, their mission is to improve the area by offering affordable housing options for individuals with low to moderate income, decreasing crime, and fostering youth development programs. Additionally, they engage in collaborative efforts with other community-based agencies to further enhance the neighborhood's well-being. This nonprofit corporation aims to create a safer, more prosperous community where people can thrive.


Official website here: www.newhopedetroit.org

Is New Hope Community Development Non-Profit Housing Corp legitimate?

New Hope Community Development Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Community Development Non-Profit Housing Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $71,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newhopedetroit.org

What is the mission statement of New Hope Community Development Non-Profit Housing Corp?

The New Hope Community Development Non-Profit Housing Corp is a community-focused organization with a mission to revitalize a specific neighborhood. Its primary goal is to provide affordable housing to individuals of low and moderate income. In addition to this, the corporation aims to reduce crime levels and offer development programs for local youth. Furthermore, it fosters collaborations with other community-based agencies to strengthen its impact and reach. Overall, the corporation's mission is to improve the neighborhood's living conditions and provide valuable resources for its residents.


Official website here: www.newhopedetroit.org

Who is the CEO of New Hope Community Development Non-Profit Housing Corp?

Dana Christian is the Executive Director of New Hope Community Development Non-Profit Housing Corp.


Official website here: www.newhopedetroit.org

What is the revenue of New Hope Community Development Non-Profit Housing Corp?

New Hope Community Development Non-Profit Housing Corp's revenue in 2022 was $153,048.


Official website here: www.newhopedetroit.org

Who are the executives of New Hope Community Development Non-Profit Housing Corp and what are their salaries?

The average compensation at New Hope Community Development Non-Profit Housing Corp during 2022 was $71,820. There is 1 employee at New Hope Community Development Non-Profit Housing Corp.


Here are 8 key members and their salaries:


Dana Christian (Executive Director)
  • Compensation: $71,820
  • Related: $0
  • Other: $0
Louise Guyton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Caldwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Berry (Secretary Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Carter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Groves (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Banka (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Patrick (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newhopedetroit.org

Where can I find the form 990 for New Hope Community Development Non-Profit Housing Corp?

New Hope Community Development Non-Profit Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newhopedetroit.org

Learn more at the official website: www.newhopedetroit.org

Mission Statement of New Hope Community Development Non-Profit Housing Corp

New Hope Community Development Non-Profit Housing Corp is a dedicated organization with a mission to revitalize a neighborhood in West Detroit. Their primary goal is to provide affordable housing to individuals with low and moderate incomes, aiming to enhance the living standards of the community. Additionally, they strive to decrease crime rates in the area by working closely with local law enforcement and community groups. Beyond housing, New Hope also offers programs for youth development, fostering a sense of community and empowering young minds. Furthermore, they network with other community-based agencies, collaborating to create a more cohesive and supportive environment for the neighborhood's residents. By pursuing these objectives, New Hope Community Development Non-Profit Housing Corp seeks to improve the overall quality of life in the West Detroit community.

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Impact




October, 2024

New Hope Community Development Non-Profit Housing Corp significantly impacts the West Detroit neighborhood by focusing on multiple facets of community improvement. The organization addresses the pressing need for affordable housing, enabling low and moderate-income families to secure safe and stable living conditions. This effort not only enhances individual quality of life but also contributes to the overall revitalization of the area.

By reducing crime rates, New Hope fosters a safer environment for residents, which is crucial for community cohesion and stability. The incorporation of youth development programs empowers local youth, providing them with essential skills and opportunities for personal growth, ultimately nurturing the next generation of leaders in the community.

Furthermore, New Hope actively networks with other community-based agencies, strengthening the fabric of partnerships that enhance overall development efforts. This collaborative approach ensures that resources and services are effectively coordinated, amplifying the positive impact on the community as a whole. Through these initiatives, New Hope is transforming West Detroit into a more vibrant, inclusive, and resilient neighborhood.




This information is meant to be a general summary of New Hope Community Development Non-Profit Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$153,048 (2022)
Expenses
$304,990 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,294
  • Gross Receipts: $153,048

Assets and Liabilities:

  • Total Assets: $49,539
  • Total Liabilities: $29,250
  • Net Assets: $20,289

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$2,294

Organization Details

Founding Year

1986

Principal Officer

Dana Christian

Main Address

19487 Evergreen, Detroit, MI, 48219

NTEE Category

Code: L800 - Housing

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