NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

P80

Classification

1000

Street

1048 E MAIN ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE ORGANIZATION MANAGES MULTI AND SINGLE FAMILY AFFORDABLE HOUSING PROJECTS. NORTHERN HOMES CONTINUES TO MANAGE 172 APARTMENTS, AND A COMMUNITY LAND TRUST PROGRAM IN NORTHERN MICHIGAN.

  Expenses $382,400 · Revenue $209,832

• SINGLE-FAMILY HOUSING: IN 2024, NORTHERN HOMES COMPLETED THE REHABILITATION AND SALE OF ONE AFFORDABLE HOME IN GAYLORD. THE ORGANIZATION ALSO PURCHASED A HOME IN ALBA FOR REHABILITATION AND ACQUIRED A VACANT LOT IN HARBOR SPRINGS WHERE A NEW AFFORDABLE HOME WILL BE CONSTRUCTED. MULTI-FAMILY HOUSING: NORTHERN HOMES BEGAN REHABILITATION OF 48 BRIDGE STREET, A DUPLEX IN PETOSKEY, AND INITIATED CONSTRUCTION OF THE LOFTS AT LUMBER SQUARE, A 60-UNIT AFFORDABLE HOUSING COMMUNITY IN DOWNTOWN PETOSKEY. IN ADDITION, THE ORGANIZATION SECURED GRANT FUNDING FOR PINEBRIDGE PLACE, A NEW 6-UNIT APARTMENT DEVELOPMENT IN CHARLEVOIX. THESE EFFORTS ADVANCE THE ORGANIZATION'S MISSION TO CREATE AND PRESERVE AFFORDABLE HOUSING OPPORTUNITIES ACROSS NORTHERN MICHIGAN THROUGH BOTH NEW CONSTRUCTION AND REHABILITATION OF EXISTING HOUSING STOCK.

  Expenses $231,626 · Revenue $417,745

• THE ORGANIZATION PROVIDES HOMEBUYER EDUCATION AND FINANCIAL COUNSELLING. NORTHERN HOMES PROVIDED EDUCATION AND COUNSELING SERVICES TO OVER 60 HOUSEHOLDS.

  Expenses $41,285 · Revenue $64,430

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $963,046

  Expenses

  $871,064

  Contributions

  $276,530

  Grants paid

  $0

• 2023

  Revenue

  $1,647,392

  Expenses

  $1,619,675

  Contributions

  $319,656

  Grants paid

  $0

• 2022

  Revenue

  $1,069,277

  Expenses

  $930,755

  Contributions

  $420,358

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,524,344

  Expenses

  $651,089

  Assets (EOY)

  $4,359,546

• 2020 · 990

  Revenue

  $905,904

  Expenses

  $633,739

  Assets (EOY)

  $3,044,401

• 2019 · 990

  Revenue

  $940,858

  Expenses

  $602,073

  Assets (EOY)

  $3,109,113

• 2018 · 990

  Revenue

  $550,701

  Expenses

  $507,765

  Assets (EOY)

  $2,365,042

• 2017 · 990

  Revenue

  $483,023

  Expenses

  $614,023

  Assets (EOY)

  $2,305,329

• 2016 · 990

  Revenue

  $969,143

  Expenses

  $777,087

  Assets (EOY)

  $2,152,822

• 2015 · 990

  Revenue

  $904,459

  Expenses

  $548,733

  Assets (EOY)

  $1,952,797

• 2014 · 990

  Revenue

  $657,212

  Expenses

  $585,252

  Assets (EOY)

  $1,607,571

• 2013 · 990

  Revenue

  $446,912

  Expenses

  $512,404

  Assets (EOY)

  $1,378,588

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $540,576

  Assets (EOY)

  $1,532,158

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION

  $1,775,206

  2023 · INSTALLMENT PAYMENT FOR LOFTS OF LUMBER SQUARE. GIFT OF LAND FOR LOFTS AT LUMBER SQUARE

• PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION

  $100,000

  2022 · TO ASSIST HART IN PURCHASING HOME FOR COMMUNITY LAND TRUST

• PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION

  $75,940

  2024 · FOR HARBOR AREA RESIDENTIAL TRUST (HART)

• CHARLEVOIX COUNTY COMMUNITY FOUNDATION

  $72,000

  2024 · Predevelopment activities for build

• PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION

  $40,000

  2025 · NEW HOME-829 N TRAVERSE STREET WITH HARBOR AREA RESIDENTIAL TRUST(HART) A PROGRAM OF NORTHERN HOMES.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files