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Illinois · Nonprofit

NEW DIRECTIONS HOUSING CORPORATION

NEW DIRECTIONS HOUSING CORPORATION (Illinois) receives grants from 4 organizations whose IRS filings report $214,403 to it, the largest being NATIONAL FAIR HOUSING ALLIANCE ($160,000). 2 of them have funded it in more than one year.

Revenue FY2024
$7.5M
Funders on record
4
Grants received
$214k
Net assets
$21M
2/4 repeat funderspeak grant-dependency 44%
01What it does

What New Directions Housing Corporation does

Mission

To provide affordable housing to poor and distressed individuals who otherwise would be unable to afford safe and decent housing without undue hardship and to work in conjunction with other organizations that provide charitable and social services to poor individuals and families.

As stated on its FY2024 Form 990.

Program

  1. Provide affordable housing to poor and distressed individuals who otherwise would be unable to afford safe and decent housing through asset & property management, real estate development services for low-income projects, and rehabilation of homes for the purpose of selling them to low-to-moderate income persons.

    $615,413 spent$1,512,133 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $615,413.

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 ($592k) Expenses 100 ($1.5M) Net assets -477 ($-1486804)2018 Revenue 88 ($523k) Expenses 42 ($626k) Net assets -502 ($-1563030)2019 Revenue 438 ($2.6M) Expenses 46 ($697k) Net assets 100 ($311k)2020 Revenue 2916 ($17M) Expenses 61 ($916k) Net assets 5194 ($16M)2021 Revenue 67 ($399k) Expenses 55 ($824k) Net assets 4953 ($15M)2022 Revenue 24 ($141k) Expenses 43 ($645k) Net assets 4699 ($15M)2023 Revenue 37 ($221k) Expenses 41 ($614k) Net assets 4509 ($14M)2024 Revenue 1275 ($7.5M) Expenses 51 ($768k) Net assets 6614 ($21M)
'17'18'19'20'21'22'23'24
Revenue (1275)Expenses (51)Net assets (6614)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 $3.5M to $18M (+417%).

$3.3M
$1.6M
$3.5M
$18M
$16M
$15M
$15M
$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

Government-grant reliance: 2017 11% · 2018 12% · 2019 3% · 2020 0% · 2021 16% · 2022 46% · 2023 30% · 2024 78%. Grants only. Government contracts and fees sit inside program revenue.

78% of NEW DIRECTIONS HOUSING 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. 5 of the last 8 reported years ran a deficit.

−$911k
’17
−$102k
’18
$1.9M
’19
$16M
’20
−$424k
’21
−$504k
’22
−$393k
’23
$6.8M
’24
76
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.

'17'18'19'20'21'22'23'24
Listed88888111111
Joined·+0+0+0+0+7+0+0
No longer listed·0000400
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $1k → $98k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEW DIRECTIONS HOUSING CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEW DIRECTIONS HOUSING CORPORATION leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW DIRECTIONS HOUSING CORPORATION.

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2023 88% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NEW DIRECTIONS HOUSING CORPORATION draws 80% of its grant income from funders outside Illinois, across 2 states in all.

IL
DC

In-state vs out-of-state, by year

’17
’23
Illinois out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEW DIRECTIONS HOUSING CORPORATION runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin90% · top quartile
Months of reserve76.2mo · top quartile
Revenue growth (annualized)44% · top quartile

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

Organizations like NEW DIRECTIONS HOUSING 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

Nationally

05Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

11
board members
91%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

97%

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

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 20 related entities

  • Countryside River Apartments LP · disregarded
  • 2925 W 59th LLC · disregarded
  • Berwyn Building Blocks LLC · disregarded
  • Ndhc Greenleaf LLC · disregarded
  • Lakewood Tower LP · partnership

Screen this organization

A dated, signed PDF of the compliance screen for NEW DIRECTIONS HOUSING 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 NEW DIRECTIONS HOUSING CORPORATION?
NEW DIRECTIONS HOUSING CORPORATION (Illinois) receives grants from 4 organizations whose IRS filings report $214,403 to it, the largest being NATIONAL FAIR HOUSING ALLIANCE ($160,000). 2 of them have funded it in more than one year.
How many funders does NEW DIRECTIONS HOUSING CORPORATION have?
IRS filings report 4 organizations giving $214,403 in grants to NEW DIRECTIONS HOUSING CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of NEW DIRECTIONS HOUSING CORPORATION?
NATIONAL FAIR HOUSING ALLIANCE is the largest funder on record, with $160,000 in grants. The full list of funders is on this page.
How can an organization like NEW DIRECTIONS HOUSING 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.

Play a game about who funds New Directions Housing →

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 4 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