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Dwelling Place Of Grand Rapids Nonprofit Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382313832 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Dwelling Place Of Grand Rapids Nonprofit Housing Corporation?

Dwelling Place of Grand Rapids Nonprofit Housing Corporation is a dedicated organization based in Grand Rapids, Michigan, striving to improve lives by providing affordable housing and essential support services. With over 1,300 housing units, they cater to low and moderate-income families, benefiting over 1,462 households annually, including over 660 previously homeless individuals. Beyond housing, they revitalize neighborhoods through managing over 40 commercial spaces, leasing to both non-profit and for-profit entities that contribute critical services and jobs. The organization also offers social services to its residents, ensuring housing stability, and provides business support to small and startup businesses in the neighborhoods it serves. In 2022, they undertook several projects, including resyndication processes for several properties and vetting for new constructions.


Official website here: www.dpgr.org

Is Dwelling Place Of Grand Rapids Nonprofit Housing Corporation legitimate?

Dwelling Place Of Grand Rapids Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dwelling Place Of Grand Rapids Nonprofit Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $578,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,214,758

For more financial information, click here


Official website here: www.dpgr.org

What is the mission statement of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation?

The mission of Dwelling Place Nonprofit Housing Corporation is to enhance the lives of individuals by providing quality affordable housing, offering essential support services, and serving as a catalyst for neighborhood revitalization. To fulfill this mission, the corporation develops, owns, and manages over 1,300 affordable housing units for low and moderate-income families. In 2022, over 1,462 households benefited from Dwelling Place's housing programs, with more than 660 of them being previously homeless individuals. The organization also revitalizes neighborhoods by developing and managing over 40 commercial spaces, leasing to both non-profit and for-profit entities that offer critical services and create jobs. Furthermore, Dwelling Place offers crucial social services to residents in need and provides business support to small and startup businesses in the neighborhoods it serves.


Official website here: www.dpgr.org

Who is the CEO of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation?

Jeremy Deroo is the Chairperson of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation. The CEO's salary of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation is $192,225 and their total compensation is $210,036.


Official website here: www.dpgr.org

What is the revenue of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation?

Dwelling Place Of Grand Rapids Nonprofit Housing Corporation's revenue in 2022 was $5,507,706.


Official website here: www.dpgr.org

Who are the executives of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation and what are their salaries?

The average compensation at Dwelling Place Of Grand Rapids Nonprofit Housing Corporation during 2022 was $31,379. There are 89 employees and 331 volunteers at Dwelling Place Of Grand Rapids Nonprofit Housing Corporation.

Here are 17 key members and their salaries (Dwelling Place Of Grand Rapids Nonprofit Housing Corporation's CEO's salary is $192,225 and their total compensation is $210,036):

    Jeremy Deroo (Chief Executive Officer)
  • Compensation: $192,225
  • Related: $0
  • Other: $17,811

    • Kim Cross (Chief Operating Officer)
  • Compensation: $171,723
  • Related: $0
  • Other: $14,758

    • Steven Recker (Chief Financial Officer)
  • Compensation: $166,564
  • Related: $0
  • Other: $14,934

    • Juan Daniel Castro (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sadie Malady (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angie Sanborn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Irwin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Nelson Weber (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Stevens (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Kogelschatz (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gil Segovia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellie Kitchen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gustavo Rotondaro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Sims (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oxtis Hendricks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Kendrick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dpgr.org

    Where can I find the form 990 for Dwelling Place Of Grand Rapids Nonprofit Housing Corporation?

    The Dwelling Place Of Grand Rapids Nonprofit Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dpgr.org

    Learn more at the official website: www.dpgr.org

    Mission Statement of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation

    Dwelling Place of Grand Rapids Nonprofit Housing Corporation is committed to enhancing the lives of individuals by creating high-quality, affordable housing units. This mission-driven organization goes beyond providing shelter, managing over 1,300 units for low- and moderate-income families. In 2022 alone, Dwelling Place helped over 1,462 households, including over 660 previously homeless individuals, benefit from their housing programs.

    In addition to its housing initiatives, Dwelling Place acts as a catalyst for neighborhood revitalization. This is achieved by developing and managing over 40 commercial spaces, leasing them to both non-profit organizations and for-profit businesses that offer essential services and create jobs. This approach not only improves the living conditions of the residents but also contributes to the overall well-being of the community.

    Furthermore, Dwelling Place recognizes the importance of social services and business support in maintaining housing stability and fostering community growth. Therefore, they offer critical social services to residents in need and provide essential business support to small and start-up businesses in the neighborhoods they serve. This holistic approach to community development sets Dwelling Place of Grand Rapids Nonprofit Housing Corporation apart, making it a valuable asset in its community.

    Impact

    This information is meant to be a general summary of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Dwelling Place Of Grand Rapids Nonprofit Housing Corporation's impact can be seen in the significant improvements it has made in the lives of people in West Michigan. By providing affordable rent-restricted housing to over 1,462 low-income households, Dwelling Place has directly contributed to housing stability for numerous individuals and families. Additionally, the organization assists households in accessing support services when needed, further enhancing the well-being of the community.

    In terms of community development, Dwelling Place operates various programs that serve as catalysts for neighborhood revitalization. By managing over 40 commercial spaces leased to both nonprofit organizations and for-profit businesses, Dwelling Place actively supports the local economy and creates job opportunities within the neighborhoods it serves. Furthermore, the organization's commitment to social services ensures that residents have access to the necessary support to maintain housing stability and improve their quality of life.

    Overall, Dwelling Place's comprehensive approach to affordable housing, community development, and social services has had a positive and tangible impact on the individuals and neighborhoods it serves, making it a valuable asset in the Grand Rapids area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $204,989
  • Program Service Revenue: $3,637,283
  • Gross Receipts: $9,264,558

    • Assets and Liabilities:
  • Total Assets: $53,141,426
  • Total Liabilities: $4,698,735
  • Net Assets: $48,442,691
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $1,067,733

    RESID/COMMERCIAL RENTS

    Revenue

    $842,961

    REAL ESTATE RENTAL INCOME

    Revenue

    $604,663

    OTHER RENTAL INCOME

    Revenue

    $520,064

    CASE MANAGEMENT FEES

    Revenue

    $430,253

    Organization Details

    Founding Year

    1980

    Principal Officer

    Jeremy Deroo

    Main Address

    101 SHELDON BLVD SE STE 2, GRAND RAPIDS, MI, 495034262

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Dwelling Place Of Grand Rapids Nonprofit Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.