Overview

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Est.

1986

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

New Hope Community Development is a nonprofit organization focused on housing services in Detroit, dedicated to revitalizing the area by providing affordable housing for low and moderate-income individuals and offering youth development programs. With an operating budget of $702.7K and total revenue of $382.6K for the filing year 2025, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.newhopedetroit.org.

Mission Statement

A Neighborhood based housing and community development with the purpose of revitalizing the Detroit aread by providing affordable housing to person of low and moderate income and providing youth programs for your development and networking
Revenues
$382.6K
Expenses
$702.7K
Net Income:
-$320.1K
Assets
$83.7K
Liabilities
$0
Net Assets:
+$83.7K
Operating Budget
$702.7K
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
1
Median grant size
$150K
Largest grant received
$150K
D
Dana Christian
Board Member
D
Dana Christian Director
Board Member
D
Deanna Carter
Board Member

Frequently Asked Questions

What is New Hope Community Development’s budget?
In 2025, New Hope Community Development reported an annual operating budget of around $703 thousand. More detailed financial information is available to registered users.
What causes does New Hope Community Development support?
New Hope Community Development supports work in Housing services.
Where does New Hope Community Development operate?
New Hope Community Development is headquartered in Detroit, MI.
Who funded New Hope Community Development recently?
In 2024, New Hope Community Development received grants from GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, and ENTERPRISE COMMUNITY PARTNERS INC. More information on this organization’s funders is available to registered users.
What is the largest grant New Hope Community Development received in 2024?
The largest grant to New Hope Community Development in 2024 exceeds $150 thousand.
What is New Hope Community Development’s reliance on government grants?
New Hope Community Development relied on government grants for more than 5% of their total revenue in 2025.