Mission
TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR THE ELDERLY AS REGULATED BY SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT ISSUED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Public Charity
THE NAVIGATOR CORPORATION
THE NAVIGATOR CORPORATION is a nonprofit organization categorized as Public Charity based in MATTHEWS, NC. Its most recent IRS filing (2024) reports revenue of $3.0M, expenses of $2.8M, total assets of $11.0M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $100K.
EIN: 570551240
MATTHEWS, NC
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$3.0M
Total Expenses$2.8M
Total Assets$11.0M
Grant Records1
Funding Total$100K
Filing Years2019–2024
Where $100 goes at The Navigator Corporation
How The Navigator Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$98
Programs
the work itself
$2
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 $98 for programs
$98
To provide safe and affordable housing for the elderly by operating a 225-unit apartment community as regulated by section 221(d)(3) of the national housing act issued by the…
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.
Sample Grants Received
AFFORDABLE HOUSING ASSISTANCE
$100,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
SECRETARY
Bill Mason
DIRECTOR
Daniel Leonardi
DIRECTOR
Donald Vanborsch
DIRECTOR
James Sansonetti
2ND VICE PRESIDENT
John Sisario
PRESIDENT
Mark Schimmoeller
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.0M | $2.8M | $11.0M |
| 2023 | $2.7M | $3.1M | $11.0M |
| 2021 | $2.4M | $3.2M | $12.0M |
| 2020 | $3.2M | $3.0M | $12.2M |
| 2019 | $2.5M | $2.6M | $10.2M |
Between 2019 and 2024, reported annual revenue grew from $2.5M to $3.0M (+24%), with total assets most recently reported at $11.0M.
Interactive year-over-year charts and full filing details available with membership.