Liberator Development Group is located in Westland, MI. Liberator Development Group 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 12/2023, Liberator Development Group generated $160.8k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $98.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S MISSION IS TO PROVIDE DECENT, AFFORDABLE HOUSING TO LOW AND MODERATE INCOME HOMEBUYERS IN THE CITY OF WESTLAND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arthur Warren President | 1 | $0 | |
Reginal Justin Hayes Treasurer | 0 | $0 | |
Roger Shifflett Secretary | 0 | $0 | |
Ben Lapinski Director | 0 | $0 | |
Shannon Ziegler Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $143,280 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $17,514 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $160,794 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $98,577 |
Total expenses | $98,577 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $164,894 |
Other assets | $0 |
Total assets | $310,185 |
Total liabilities | $48,540 |
Net assets or fund balances | $261,645 |