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NEW DEVELOPMENT CORPORATION

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Public nonprofit record

NEW DEVELOPMENT CORPORATION

EIN 38-3326468 · Housing Development, Construction & Management (L20)

What they do

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.

Money

Financial picture

Tax year 2025
Revenue$804,156
Expenses$520,383
Assets$713,004
Income$804,156
Contributions$28,654
Management$16,956
Executive compensation$75,665
Accounting fees$3,950

About this charity

Recognized since
January 1998
Location
205 Carrier St NE, Grand Rapids, MI 49505
County
Kent
In care of
Alma Jean Fossel
Primary officer
Alma Jean Fossel, Board President

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
JANKOWIAK CONSULTING LLC
NTEE classification
Housing Development, Construction & Management (L20)
IRS tax category
Housing Development, Construction & Management
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
994381000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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