Mission
TO FOSTER, PROMOTE, DEVELOP AND PROVIDE HOUSING THAT IS SAFE, DECENT AND AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME INDIVIDUALS AND FAMILIES IN THE REGION.
Public Charity
NEW HOPE DEVELOPMENT SERVICE INC
NEW HOPE DEVELOPMENT SERVICE INC is a nonprofit organization categorized as Public Charity based in JEFFERSONVILLE, IN. Its most recent IRS filing (2025) reports revenue of $6.6M, expenses of $1.6M, total assets of $21.9M.
EIN: 820818155
JEFFERSONVILLE, IN
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$6.6M
Total Expenses$1.6M
Total Assets$21.9M
Grant Records1
Filing Years2021–2025
Where $100 goes at New Hope Development Service Inc
How New Hope Development Service Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$42
Programs
the work itself
$58
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 $42 for programs
$42
To foster, promote, develop and provide housing that is safe, decent and affordable to low-income and moderate-income individuals and families in the region
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
TREASURER/SECRETARY
Cassandra Dawley
CHAIR
Chris Bottorff
SVP/COO
Elizabeth Boyd
FORMER CEO/PRESIDENT (THRU 1/13/2
James Bosley
SVP/CFO
Jeff Fortwengler
CEO/PRESIDENT
Jody Reschar Heazlitt
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.6M | $1.6M | $21.9M |
| 2024 | $3.2M | $1.4M | $15.6M |
| 2023 | $3.2M | $1.6M | $14.1M |
| 2022 | $1.1M | $1.3M | $12.7M |
| 2021 | $3.2M | $1.4M | $10.5M |
Between 2021 and 2025, reported annual revenue grew from $3.2M to $6.6M (+104%), with total assets most recently reported at $21.9M.
Interactive year-over-year charts and full filing details available with membership.