Public Charity

MAPLE GROVE DEVELOPMENT CORPORATION

MAPLE GROVE DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in CHAMPAIGN, IL. Its most recent IRS filing (2024) reports revenue of $4.4M, expenses of $3.0M, total assets of $20.8M.

EIN: 452396461 CHAMPAIGN, IL Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$4.4M
Total Expenses$3.0M
Total Assets$20.8M
Grant Records1
Filing Years2019–2024

Mission

TO FOSTER, DEVELOP AND MANAGE LOW-INCOME AND AFFORDABLE HOUSING, IN CONJUNCTION WITH ANCILLARY SUPPORT SERVICES WHICH PROVIDE SAFE, DECENT, QUALITY, AFFORDABLE HOUSING SERVICES TO THOSE OF LIMITED RESOURCES IN SEARCH OF A BETTER LIVING ENVIRONMENT.

Where $100 goes at Maple Grove Development Corporation

How Maple Grove Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 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 $92 for programs

$30
To own and operate 108 units of low income housing for the elderly known as mgdc steer
32% of program spending · Reported in the filing: 108 units of low
$29
To own and operate 104 units of low income housing for the elderly known as mgdc washington
32% of program spending · Reported in the filing: 104 units of low
$10
To construct, own and operate 24 units of low income family housing known as mgdc pinewood, LLC
11% of program spending · Reported in the filing: 24 units of low

Plus 6 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bailee Vanantwerp
Chairman Dr Grant Henry
Director Francesca Morgan
CEO Lily Walton
Resident Advisr Linda Turnbull
Director Peter Mcfarland

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $4.4M $3.0M $20.8M
2023 $2.7M $3.0M $19.4M
2022 $2.6M $2.8M $19.6M
2020 $3.3M $2.6M $17.1M
2019 $2.4M $3.0M $14.0M

Between 2019 and 2024, reported annual revenue grew from $2.4M to $4.4M (+81%), with total assets most recently reported at $20.8M.

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

See the full picture for MAPLE GROVE DEVELOPMENT CORPORATION

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