Michigan · Nonprofit
NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION
NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 4 organizations whose IRS filings report $2,323,646 to it, the largest being PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION ($2,005,146). 4 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $963k
- Funders on record
- 4
- Grants received
- $2.3M
- Net assets
- $2.4M
What Northern Homes Community Development Corporation does
Mission
To create and preserve quality affordable housing options for northern michigan residents through education, development, and partnering with local communities.
As stated on its FY2024 Form 990.
Programs
The organization manages multi and single family affordable housing projects. Northern homes continues to manage 172 apartments, and a community land trust program in northern michigan.
$382,400 spent$209,832 earned by the program58% of program spendingSingle-family housing: in 2024, northern homes completed the rehabilitation and sale of one affordable home in gaylord. The organization also purchased a home in alba for rehabilitation and acquired a vacant lot in harbor springs where a new affordable home will be constructed. Multi-family housing: northern homes began rehabilitation of 48 bridge street, a duplex in petoskey, and initiated construction of the lofts at lumber square, a 60-unit affordable housing community in downtown petoskey. In addition, the organization secured grant funding for pinebridge place, a new 6-unit apartment development in charlevoix. These efforts advance the organization's mission to create and preserve affordable housing opportunities across northern michigan through both new construction and rehabilitation of existing housing stock.
$231,626 spent$417,745 earned by the program35% of program spendingThe organization provides homebuyer education and financial counselling. Northern homes provided education and counseling services to over 60 households.
$41,285 spent$64,430 earned by the program6% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $655,311.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.0M to $4.4M (+43%).
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.
Government-grant reliance: 2017 26% · 2018 23% · 2019 69% · 2020 47% · 2021 56% · 2022 7% · 2023 9%. Grants only. Government contracts and fees sit inside program revenue.
29% of NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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
Jane Mackenzie
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $20k → $125k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 90% 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 NORTHERN HOMES COMMUNITY DEVELOPMENT 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
NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 86% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
90% 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 NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2018 100% · 2019 100% · 2021 59% · 2022 100% · 2023 80% — 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
90% of NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $235k that is directly attributable, 60% of it comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.1M 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.
Against its field
NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than half of the 21,616 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like NORTHERN HOMES COMMUNITY 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 Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
55%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- Mm Nonprofit Housing Corporation · exempt
- Lumber Square Nonprofit Housing Corporation · exempt
- Northern Homes Ldha LP · partnership
- Mv II Ldha LP · partnership
- Bellaire Senior Ldha LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for NORTHERN HOMES COMMUNITY 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.
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 NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION?
- NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 4 organizations whose IRS filings report $2,323,646 to it, the largest being PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION ($2,005,146). 4 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 4 organizations giving $2,323,646 in grants to NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION, 4 of which have funded it in more than one year.
- Who is the largest funder of NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION?
- PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION is the largest funder on record, with $2,005,146 in grants. The full list of funders is on this page.
- How can an organization like NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. 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 Northern Homes Community Development →
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