Public Charity

INNOVATIVE HOUSING DEV CORPORATION

INNOVATIVE HOUSING DEV CORPORATION, of FORT GRATIOT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $13.9M in revenue, $13.2M in expenses, $10.9M in total assets.

EIN: 382317342 FORT GRATIOT, MI Group Homes NTEE: P73 Latest filing: 2025
Total Revenue$13.9M
Total Expenses$13.2M
Total Assets$10.9M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE A VARIETY OF QUALITY SERVICES AND SUPPORTS TO INDIVIDUALS WITH SPECIAL NEEDS. IN ADDITION, TO PROVIDE AFFORDABLE HOUSING TO A VARIETY OF INDIVIDUALS INCLUDING HANDICAPPED, ELDERLY, AND LIMITED INCOME PERSONS.

Where $100 goes at Innovative Housing Dev Corporation

How Innovative Housing Dev Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
Innovative housing development corporation provides home supervision and service to the developmentally disabled through fourteen group homes as well as administration of twelve hud group complexes
100% of program spending
<$1
Enhanced community services assist individuals with a mental illness or developmental disability to be able to live independently and participate actively in the community
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Edward Schultz
TREASURER Harry Oldenburg
FISCAL SERVICES DIRECTOR Heather House
PRESIDENT Judy Worthington
BOARD MEMBER Kenneth Montgomery
OPERATIONS DIRECTOR Melinda Campbell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $13.9M $13.2M $10.9M
2024 $12.6M $11.8M $9.6M
2023 $11.9M $11.1M $7.5M
2022 $10.7M $9.9M $7.0M
2021 $9.4M $8.7M $7.7M

Between 2021 and 2025, reported annual revenue grew from $9.4M to $13.9M (+48%), with total assets most recently reported at $10.9M.

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

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