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Illinois · Nonprofit

MAPLE GROVE DEVELOPMENT CORPORATION

MAPLE GROVE DEVELOPMENT CORPORATION (Illinois) receives grants from 1 organization whose IRS filings report $0 to it, the largest being The Carle Foundation ($0). 0 of them have funded it in more than one year.

Revenue FY2024
$4.4M
Funders on record
1
Grants received
$0
Net assets
$13M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Maple Grove Development Corporation does

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.

As stated on its FY2024 Form 990.

Programs

  1. To own and operate 108 units of low income housing for the elderly known as mgdc steer.

    $896,013 spent$274,559 earned by the program
    32% of program spending

  2. To own and operate 104 units of low income housing for the elderly known as mgdc washington.

    $875,230 spent$342,496 earned by the program
    32% of program spending

  3. To construct, own and operate 24 units of low income family housing known as mgdc pinewood, llc.

    $295,007 spent$56,082 earned by the program
    11% of program spending

  4. To construct, own and operate 12 units of low income family housing known as mgdc mahomet.

    $201,631 spent$81,792 earned by the program
    7% of program spending

  5. Own and operate 24 units of low income & emergency housing for the homeless, known as maple grove manor

    $148,499 spent$5,944 earned by the program
    5% of program spending

  6. To own and operate 20 units of low income housing for the elderly known as mgdc youman.

    $132,865 spent$74,041 earned by the program
    5% of program spending

  7. To own and operate 16 units of low income housing for the elderly known as mgdc columbia.

    $125,335 spent$36,818 earned by the program
    5% of program spending

  8. To own and operate 6 units of low income housing for the elderly known as mgdc hayes.

    $43,302 spent$18,979 earned by the program
    2% of program spending

  9. To oversee and develop additional low income housing in development.

    $42,721 spent$39,277 earned by the program
    2% of program spending

The 9 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,760,603.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($14M) Expenses 100 ($1.6M) Net assets 100 ($12M)2018 Revenue 16 ($2.2M) Expenses 180 ($2.9M) Net assets 94 ($12M)2019 Revenue 18 ($2.4M) Expenses 182 ($3.0M) Net assets 90 ($11M)2020 Revenue 24 ($3.3M) Expenses 163 ($2.6M) Net assets 95 ($12M)2021 Revenue 17 ($2.4M) Expenses 139 ($2.3M) Net assets 96 ($12M)2022 Revenue 19 ($2.6M) Expenses 170 ($2.8M) Net assets 95 ($12M)2023 Revenue 20 ($2.7M) Expenses 183 ($3.0M) Net assets 93 ($11M)2024 Revenue 32 ($4.4M) Expenses 183 ($3.0M) Net assets 105 ($13M)
'17'18'19'20'21'22'23'24
Revenue (32)Expenses (183)Net assets (105)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $14M to $17M (+22%).

$15M
$15M
$14M
$17M
$20M
$20M
$19M
$21M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

78% of MAPLE GROVE DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$12M
’17
−$705k
’18
−$532k
’19
$675k
’20
$121k
’21
−$144k
’22
−$220k
’23
$1.4M
’24
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lily Walton

CEO

Board chair

Dr Grant Henry

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed9910108888
Joined·+0+1+1+5+0+0+1
No longer listed·0017001
03Who funds it
04Its place in the field

Against its field

MAPLE GROVE DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin32% · top quartile
Months of reserve19.3mo · top quartile
Revenue growth (annualized)−15% · bottom quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like MAPLE GROVE DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Chicago Metropolitan Housing Dev Corp79%Millennium Housing Foundation Inc78%Illinois Community Action Development Corporation76%Housing and Human Development Corporation76%New Directions Housing Corporation76%Habitat for Humanity of Champaign County76%Henry County Housing Development Group Inc75%Hcp of Illinois Inc75%

Nationally

Milford Housing Development Corp82%Housing Management & Development Co80%Pine Grove Housing Development Corporation80%Willow Grove Community Development80%Mhany Mother Gaston Housing Development Fund Corporation79%Chicago Metropolitan Housing Dev Corp79%Affordable Housing Corporation of Marion Indiana78%Maple Leaf Community Residences78%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

8
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 9 related entities

  • Mgdc Washington LLC · disregarded
  • Mgdc Steer LLC · disregarded
  • Mgdc Columbia LLC · disregarded
  • Mgdc Hayes LLC · disregarded
  • Mgdc Youman LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MAPLE GROVE DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MAPLE GROVE DEVELOPMENT CORPORATION?
MAPLE GROVE DEVELOPMENT CORPORATION (Illinois) receives grants from 1 organization whose IRS filings report $0 to it, the largest being The Carle Foundation ($0). 0 of them have funded it in more than one year.
How many funders does MAPLE GROVE DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $0 in grants to MAPLE GROVE DEVELOPMENT CORPORATION.
Who is the largest funder of MAPLE GROVE DEVELOPMENT CORPORATION?
The Carle Foundation is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like MAPLE GROVE DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing