Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ST MARY DEVELOPMENT CORPORATION is a housing development nonprofit focused on real estate and housing development, working to create lasting, affordable housing solutions in Southwest Ohio and other states through real estate development and management, resident services and fundraising, and community development. In filing year 2024, it reported an operating budget of $4.8M and total revenue of $6.8M, with major funding from NEIGHBORHOOD REINVESTMENT CORPORATION, THE DAYTON FOUNDATION, and OHIO CAPITAL IMPACT CORPORATION.

Mission Statement

CREATE LASTING, AFFORDABLE HOUSING SOLUTIONS IN SOUTHWEST OHIO AND VARIOUS STATES THROUGH REAL ESTATE DEVELOPMENT AND MANAGEMENT, RESIDENT SERVICES AND FUNDRAISING, AND COMMUNITY DEVELOPMENT.
Revenues
$6.8M
Expenses
$4.8M
Net Income:
+$2.1M
Assets
$40.8M
Liabilities
$21.5M
Net Assets:
+$19.3M
Operating Budget
$4.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$10K
Largest grant received
$446K
T
Timothy Bete
Board Member
W
Wesley R Young
Board Member
S
Shelly Cagle
Board Member
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  • 25 funders
  • 36 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is ST MARY DEVELOPMENT CORPORATION’s budget?
In 2024, ST MARY DEVELOPMENT CORPORATION reported an annual operating budget of around $4.8 million. More detailed financial information is available to registered users.
What causes does ST MARY DEVELOPMENT CORPORATION support?
ST MARY DEVELOPMENT CORPORATION supports work in Real estate and Housing development.
Where does ST MARY DEVELOPMENT CORPORATION operate?
ST MARY DEVELOPMENT CORPORATION is headquartered in Dayton, OH.
Who funded ST MARY DEVELOPMENT CORPORATION recently?
In 2024, ST MARY DEVELOPMENT CORPORATION received grants from NEIGHBORHOOD REINVESTMENT CORPORATION, CHARITIES AID FOUNDATION AMERICA, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant ST MARY DEVELOPMENT CORPORATION received in 2024?
The largest grant to ST MARY DEVELOPMENT CORPORATION in 2024 exceeds $446 thousand.
What is ST MARY DEVELOPMENT CORPORATION’s reliance on government grants?
ST MARY DEVELOPMENT CORPORATION relied on government grants for more than 25% of their total revenue in 2024.