Public Charity

NEW VILLAGE CORPORATION

NEW VILLAGE CORPORATION is a nonprofit organization categorized as Public Charity based in CLEVELAND, OH. Its most recent IRS filing (2024) reports revenue of $3.5M, expenses of $3.3M, total assets of $24.7M. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $2.0M.

EIN: 341653986 CLEVELAND, OH Latest filing: 2024
Total Revenue$3.5M
Total Expenses$3.3M
Total Assets$24.7M
Grant Records11
Funding Total$2.0M
Filing Years2020–2024

Mission

AS A WHOLLY-OWNED SUBSIDIARY OF NEIGHBORHOOD PROGRESS, INC. (NPI), NEW VILLAGE CORPORATION (NVC) DEVELOPS CATALYTIC REAL ESTATE PROJECTS IN JOINT VENTURES WITH COMMUNITY BASED 501(C)(3) DEVELOPMENT CORPORATIONS AND PRIVATE INVESTORS. NEW VILLAGE CORPORATION SUPPORTS PROJECTS THAT ARE EITHER TOO LARGE FOR A NON-PROFIT 501(C)(3) COMMUNITY DEVELOPMENT CORPORATION ("CDC") TO TAKE ON OR TOO RISKY FOR A PRIVATE DEVELOPER. NVC WORKS DIRECTLY WITH 501(C)(3) CDCS AND PRIVATE DEVELOPERS TO HELP SECURE RESOURCES THAT ASSIST IN HANDLING COMPLEX REAL ESTATE DEVELOPMENT PROJECTS. NVC PROVIDES TECHNICAL ASSISTANCE, INCLUDING ARRANGING PROJECT FINANCING. PROJECTS UNDERTAKEN FURTHER THE ORGANIZATION'S CHARITABLE PURPOSES BY COMBATING COMMUNITY DETERIORATION IN DISTRESSED COMMUNITIES.

Sample Grants Received

NEIGHBORHOOD PROGRESS INC
2023
MIDDLE NEIGHBORHOODS INITIATIVE
$86,016
$30,000
NEIGHBORHOOD PROGRESS INC
2022
SHAKER SQUARE MARKETING, RESEARCH & DEVELOPMENT
$327,000
NEIGHBORHOOD PROGRESS INC
2021
HCLT Grant Staff Support
$17,450
THE CLEVELAND FOUNDATION
2020
TO ACQUIRE PARCELS OF LAND IN THE WOODLAND STRATEGIC ACQUISITION AREA. DEVELOPMENT OF THE NEIGHBORHOOD IS IN GOAL #1, STRATEGY 6 OF SLF'S STRATEGIC PLAN AND THIS WOULD BETTER POSITION CMHA FOR ITS NEXT CHOICE NEIGHBORHOODS APPLICATION.
$125,000

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

TREASURER August Fluker
PRESIDENT Briana Perry
SECRETARY Dorivette Nolan
TRUSTEE Isabel Deroberts
TRUSTEE Jason Phillips
TRUSTEE Jason Russell

Officer compensation and complete director data available with membership.

Top Grant Purposes

Pass Thru Grants & General Operating Support
$481,752 3 grants
PASS THRU GRANTS & GENERAL OPERATING SUPPORT
$464,885 1 grant
OPERATING SUPPORT
$329,860 1 grant
SHAKER SQUARE MARKETING, RESEARCH & DEVELOPMENT
$327,000 1 grant
TO ACQUIRE PARCELS OF LAND IN THE WOODLAND STRATEGIC ACQUISITION AREA. DEVELOPMENT OF THE NEIGHBORHOOD IS IN GOAL #1, STRATEGY 6 OF SLF'S STRATEGIC PLAN AND THIS WOULD BETTER POSITION CMHA FOR ITS NEXT CHOICE NEIGHBORHOODS APPLICATION.
$125,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.5M $3.3M $24.7M
2023 $7.2M $2.8M $21.7M
2022 $530K $565K $7.4M
2021 $-14.3M $1.7M $7.4M
2020 $228K $705K $8.4M

Between 2020 and 2024, reported annual revenue grew from $228K to $3.5M (+1431%), with total assets most recently reported at $24.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEW VILLAGE CORPORATION

Complete financials, all 11 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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