Overview

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Est.

1996

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Grundy Development Corporation, also known as the Grundy County Housing Authority, is a nonprofit organization focused on public housing in Grundy County, Illinois. With an operating budget of $1 million and total revenue of $1.2 million for the filing year 2024, its mission is to promote the development, establishment, or expansion of low-income housing to meet the needs of low-income residents in the area. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

TO PROMOTE THE DEVELOPMENT, ESTABLISHMENT, OR EXPANSION INDUSTRIES, PRIMARILY LOW-INCOME HOUSING, SERVING THE NEEDS OF PEOPLE OF LOW INCOME IN GRUNDY COUNTY, ILLINOIS
Revenues
$1.2M
Expenses
$1M
Net Income:
+$169.3K
Assets
$2.2M
Liabilities
$838.6K
Net Assets:
+$1.3M
Operating Budget
$1M
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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J
JC Lawson
Board Member
T
Tom Tesdal
Board Member
L
Lauren Offerman
Board Member

Frequently Asked Questions

What is GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY’s budget?
In 2024, GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY support?
GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY supports work in Public housing.
Where does GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY operate?
GRUNDY DEVELOPMENT CORPORATION CO GRUNDY COUNTY HOUSING AUTHORITY is headquartered in MORRIS, IL.