New Gary Community Development Corp
- Assets
- $99.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gary, IN
- Founding
- 02/1999
- Data as of
- 12/2022
- 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 12/2022, New Gary Community Development Corp generated $86.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $93.2k during the year ending 12/2022. While expenses have increased by 3.1% 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
2022
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 | |
Madeline Nichols Secretary | 1 | $0 | |
Will Winfrey Director | 1 | $0 | |
Michael Oliver Director | 1 | $0 | |
Diann Mcmillon Program Director | 40 | $21,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,616 |
| Total Program Service Revenue | $6,073 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,689 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,606 |
| Professional fees and other payments to independent contractors | $3,034 |
| Occupancy, rent, utilities, and maintenance | $49,618 |
| Printing, publications, postage, and shipping | $105 |
| Other expenses | $17,871 |
| Total expenses | $93,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $99,525 |
| Total liabilities | $21,532 |
| Net assets or fund balances | $77,993 |