- Revenue 2024
- $3,215,914
- Expenses 2024
- $510,947
Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L40
- Classification
- 1000
- Street
- 32500 TELEGRAPH RD STE 100
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
Mission
THE MISSION OF CORE COMMUNITY PARTNERS IS TO PROVIDE TIMELY AND COST-EFFECTIVE LENDING, INVESTING, CONSULTING AND OTHER FINANCIAL SERVICES TO SUPPORT THE DEVELOPMENT AND RE-DEVELOPMENT OF AFFORDABLE HOUSING STOCK AND RELATED COMMUNITY ECONOMIC DEVELOPMENT IN ORDER TO INCREASE THE QUALITY OF LIFE IN LOW-INCOME COMMUNITIES.
Activities or mission (Part I)
PROVIDE LOANS AND CONSULTING FOR ORGANIZATIONS FINANCING AND DEVELOPING AFFORDABLE HOUSING.
-
FOR THE FISCAL YEAR ENDING 3/31/2025, CORE COMMUNITY PARTNERS (CORE) CONSULTED ON FOUR AFFORDABLE HOUSING PROJECTS TOTALING 317 NEW CONSTRUCTION AFFORDABLE UNITS AND 97 PRESERVATION AFFORDABLE UNITS. FOUR NEW LOANS WERE DISBURSED DURING THIS FISCAL YEAR AS WELL RESULTING IN THE REHABILITATION OF 188 AFFORDABLE UNITS. ONE LOAN WAS PAID OFF AND CLOSED OUT DURING THIS TIME PERIOD ACCOUNTING FOR 97 REHABILITATED UNITS. SIX LOANS WERE DISBURSED BEFORE THIS FISCAL YEAR AND ARE STILL OUTSTANDING WITH 321 AFFORDABLE UNITS EITHER CONSTRUCTED OR PRESERVED WITH THIS SUPPORT. FOUR DEVELOPMENTS PAID FINANCING FEES DURING THIS FISCAL YEAR AND CORE RECEIVED DIVIDENDS AND INTEREST ON STOCK INVESTED IN A FEDERAL HOME LOAN BANK.
Expenses $509,947 · Grants $7,500 · Revenue $133,296
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.
-
TIMOTHY V FOX
PRESIDENT
- Total calculated
- $690,829
- From this org
- $0
- From related orgs
- $656,329
- Other
- $34,500
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $656,329 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $34,500 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $690,829 related
-
MARTHA RICHARDSON
CHAIRMAN (ENDED 10/22/24)
- Total calculated
- $0
- Hours/week
- 5 + 10 related
-
STEVEN CHAMPA
SECRETARY (ENDED 10/22/24)/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5 + 10 related
-
TOM EDMISTON
TREASURER
- Total calculated
- $0
- Hours/week
- 5 + 10 related
-
IRA JAFFE
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
KAITLIN FOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
BRIAN GALLAHER
CHIEF FINANCIAL OFFICER
- Total calculated
- $545,316
- From this org
- $0
- From related orgs
- $484,497
- Other
- $60,819
- Hours/week
- 10 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $484,497 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $34,500 related
- Nontaxable benefits
- $0 + $26,319 related
- Filer's total
- $0 + $545,316 related
-
ANDREW MARTIN
VP OF DEVELOPMENT
- Total calculated
- $315,785
- From this org
- $0
- From related orgs
- $268,421
- Other
- $47,364
- Hours/week
- 20 + 25 related
Schedule J breakdown matched by us
- Base
- $0 + $268,421 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $27,334 related
- Nontaxable benefits
- $0 + $20,030 related
- Filer's total
- $0 + $315,785 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,215,914
- Expenses
- $510,947
- Contributions
- $2,757,197
- Grants paid
- $7,500
-
2023
- Revenue
- $1,045,345
- Expenses
- $554,600
- Contributions
- $650,000
- Grants paid
- $7,500
-
2022
- Revenue
- $2,069,177
- Expenses
- $443,942
- Contributions
- $1,711,131
- Grants paid
- $14,053
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
- $420,945
- Expenses
- $274,481
- Assets (EOY)
- $4,470,020
-
2020 · 990
- Revenue
- $3,191,794
- Expenses
- $131,964
- Assets (EOY)
- $4,486,542
-
2019 · 990
- Revenue
- $62,184
- Expenses
- $16,470
- Assets (EOY)
- $1,473,714
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.
Grants made
-
2022 TO ASSIST THE ORGANIZATIONAL SUPPORT FUNDRAISER.
-
2024 TO ASSIST THE ORGANIZATIONAL SUPPORT FUNDRAISER.
-
2023 TO ASSIST THE ORGANIZATIONAL SUPPORT FUNDRAISER.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
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.
Declared on its 2024 return
-
501(C)(3) · PRESERVATION OF LOW-INCOME HOUSING · MI
-
501(C)(3) · PRESERVATION OF LOW-INCOME HOUSING · MI
Declared as related by
-
On its 2024 return as a controlled entity
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.
Related corporations and trusts on its 2022 return
-
C · COMMUNITY RESOURCE USED TO TRAIN PARTICIPANTS IN PROPERTY MAINTENANCE. · MI · 100% owned · share of income -$222,237 · share of assets $17,360
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility SO.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.