NEW DIRECTIONS HOUSING CORPORATION Charity Report

Public IRS 990 nonprofit record

NEW DIRECTIONS HOUSING CORPORATION

EIN 61-0715630 · Housing Support (L80)

What they do

NEW DIRECTIONS HAS BEEN HELPING FAMILIES OVERCOME OBSTACLES to AFFORDABLE, SAFE, SUSTAINABLE HOUSING IN LOUISVILLE and SOUTHERN INDIANA. THROUGH OUR HOUSING, HOME-REPAIR, and REAL ESTATE DEVELOPMENT PROGRAMS, WE HELP BUILD and STRENGTHEN COMMUNITIES, IMPROVE LIVES, and ENSURE A BRIGHT FUTURE for THOSE IN NEED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.03%of revenue went to mission work89.6% of expenses · Program services

2.74%of revenue went to fundraising2.5% of expenses

$109.43spent for every $100 of revenueSpending was higher than revenue this year.

8.65%of revenue went to management and office costs7.9% of expenses

$2.73in assets for every $1 spent this yearSome assets cannot be spent right away.

39.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,259,901 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $197,671 for LORI FLANERY (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,367,208

Mission workProgram services$13,103,48098.03% of revenue89.6% of expenses

ManagementOffice and general costs$1,156,7148.65% of revenue7.9% of expenses

FundraisingAsking for donations$366,9152.74% of revenue2.5% of expenses

Total expenses$14,627,109109.43% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.6% mission · 7.9% management · 2.5% fundraisingTotal expenses: 109.43% of revenue

2023Expense mix: 90.3% mission · 7.9% management · 1.9% fundraisingTotal expenses: 82.08% of revenue

2022Expense mix: 90.1% mission · 6.9% management · 3.0% fundraisingTotal expenses: 58.74% of revenue

2021Expense mix: 90.8% mission · 6.9% management · 2.3% fundraisingTotal expenses: 117.16% of revenue

2020Expense mix: 92.7% mission · 5.7% management · 1.6% fundraisingTotal expenses: 100.01% of revenue

2019Expense mix: 87.8% mission · 6.2% management · 6.0% fundraisingTotal expenses: 97.96% of revenue

2018Expense mix: 85.7% mission · 9.0% management · 5.3% fundraisingTotal expenses: 94.96% of revenue

2017Expense mix: 86.9% mission · 7.9% management · 5.2% fundraisingTotal expenses: 113.91% of revenue

Money in and money out

Revenue$13,367,208

Expenses$14,627,109

Annual shortfall $1,259,901 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,103,480 · 89.6% of expenses

Management and office costs$1,156,714 · 7.9% of expenses

Fundraising$366,915 · 2.5% of expenses

See all reported dollar amounts

Revenue$13,367,208

Expenses$14,627,109

Assets$39,978,322

Income$13,478,131

Contributions$5,226,714

Mission work (program services)$13,103,480

Fundraising$366,915

Management and general$1,156,714

Executive compensation (total)$746,262

Accounting fees$129,820

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LORI FLANERYPRESIDENT/CEO · 40 hrs/week $197,671Base $191,133 · Other $6,538

BRIDGETTE JOHNSONCOO · 40 hrs/week $170,248Base $161,364 · Other $8,884

KATHLEEN MCKUNECRO · 40 hrs/week $152,375Base $151,667 · Other $708

DAVID SNYDERCDO · 40 hrs/week $129,224Base $120,226 · Other $8,998

CHRISTOPHER ROSZMANCFO (TILL 11/24)/SR ADV (TILL 1/25) · 40 hrs/week $125,913Base $120,685 · Other $5,228

GEORGE SANDERSCIO · 40 hrs/week $108,716Base $100,398 · Other $8,318

JOHN BERANCSO · 40 hrs/week $28,802Base $24,007 · Other $4,795

MICHAEL HEICHELBECHCFO FROM 11/2024 · 40 hrs/week $18,462

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

LORI FLANERYPRESIDENT/CEO

BRIDGETTE JOHNSONCOO

KATHLEEN MCKUNECRO

DAVID SNYDERCDO

CHRISTOPHER ROSZMANCFO (TILL 11/24)/SR ADV (TILL 1/25)

GEORGE SANDERSCIO

JOHN BERANCSO

MICHAEL HEICHELBECHCFO FROM 11/2024

W ALFRED SMITHDIRECTOR

TRICIA BURKEDIRECTOR

TONYA MONTGOMERYTREASURER

ZAN GLOVERDIRECTOR

STACHELLE BUSSEYDIRECTOR

SHERI ROSEDIRECTOR

RITA WARDDIRECTOR

ZACH WEDDINGIMMEDIATE PAST CHAIR

MARCUS WINKLERDIRECTOR

ADAM HALLDIRECTOR

KURT MASONCHAIR

KEISHA DORSEYDIRECTOR

KATHRYN GILESDIRECTOR

JENNIFER RECKTENWALDDIRECTOR

HEATHER M DEARINGDIRECTOR

GRETCHEN LEITERMANVICE CHAIR

GORDON C DUKEDIRECTOR TO 4/2025

FAITH WEEKLYDIRECTOR

ELIZABETH RAUCHSECRETARY

DARRELL FULLERDIRECTOR

BRENT MILLERDIRECTOR

ANDREW PLEASANTDIRECTOR

About this charity

Recognized since: January 1972
Location: 1617 MAPLE ST, LOUISVILLE, KY 40210-1045
County: Jefferson
In care of: TREVOR GILLILAND
Primary officer: TREVOR GILLILAND, INTERIM CFO

How to reach them

WebsiteVisit the charity’s website Phone(502) 589-2272

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Housing Support (L80)
IRS tax category: Housing Support