New Gary Community Development Corp
- Assets
- $95.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gary, IN
- Founding
- 02/1999
- Data as of
- 12/2021
- EIN
- 35-2025028
Organization Overview
New Gary Community Development Corp is located in Gary, IN. The organization was established in 1999. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Gary Community Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Gary Community Development Corp generated $110.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $85.0k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TRANSITIONAL LIVING PROGRAMS - JOB TRAINING AND HOUSING ASSISTANCE FOR UP TO TWO YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cedric Oliver President | 1 | $0 | |
Joyce Oliver Vice President | 1 | $0 | |
Will Winfrey Director | 1 | $0 | |
Patricia Boyd Director | 1 | $0 | |
Madeline Nichols Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,819 |
| Total Program Service Revenue | $3,700 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,519 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,378 |
| Professional fees and other payments to independent contractors | $3,334 |
| Occupancy, rent, utilities, and maintenance | $50,928 |
| Printing, publications, postage, and shipping | $349 |
| Other expenses | $7,973 |
| Total expenses | $84,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,055 |
| Other assets | $0 |
| Total assets | $95,042 |
| Total liabilities | $10,504 |
| Net assets or fund balances | $84,538 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Gary Community Development Corp has recieved totaling $228.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $228 |
Peer Organizations
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|---|---|---|
Society Of St Vincent Depaul Council Of Louisville Louisville, KY | $10,950,346 | $7,888,364 |
Socayr Inc Louisville, KY | $34,945,508 | $6,749,829 |
Lacasa Of Goshen Inc Goshen, IN | $26,643,418 | $6,732,087 |
Family Scholar House Inc Louisville, KY | $18,614,591 | $4,995,688 |
The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |
Equity Homes Saint Louis, MO | $10,741,730 | $5,549,027 |
Squire Village Preservation Nfp Chicago, IL | $14,277,143 | $2,435,203 |
3700 Green Tree Corporation Milwaukee, WI | $10,160,568 | $2,809,473 |
Horizon Housing Development Company St Louis, MO | $1,964,053 | $2,445,702 |
United Auto Workers Senior Citizens Center Inc Pekin, IL | $7,079,676 | $2,252,963 |
Parade Park Homes Inc Kansas City, MO | $5,074,774 | $2,050,875 |
Catholic Charities Housing Development Corporation Chicago, IL | $27,326,808 | $1,438,499 |