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Nonprofit · EIN 38-1903026

ICCF COMMUNITY HOME

Tax-exempt · GRAND RAPIDS, MI 49507

Financials

$9.6M$9.3M2022$8.4M$10.5M2023$8.5M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of ICCF COMMUNITY HOME by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,525,044$6,586,397$1,938,647$63,937,468$33,218,603$30,718,865
May 31, 2024990$8,364,924$10,547,657-$2,182,733$63,000,552$34,040,986$28,959,566
May 31, 2023990$9,557,894$9,289,596$268,298$65,764,497$35,773,474$29,991,023
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,736,708
of which government grants
$954,741
Program service revenue
$2,844,691
Investment income
$943,645
Net gain from sales of assets
$411,315
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,395,958
Salaries, compensation and benefits (total)
$1,824,755
Professional fundraising fees
$0
Accounting fees
$19,999
Occupancy
$143,121
Travel
$65,089
Depreciation
$888,089
Program services (functional)
$4,895,490
Management and general (functional)
$1,158,053
Fundraising (functional)
$532,854

Balance sheet and other

Total assets, start of year
$63,000,552
Total assets, end of year
$63,937,468
Total liabilities, end of year
$33,218,603
Net assets, end of year
$30,718,865
Land, buildings and equipment
$26,852,342
Net assets without donor restrictions
$25,489,385
Net assets with donor restrictions
$5,229,480
Gross receipts
$8,525,044
Employees
0
Volunteers
1,405
Year formed
1974
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RYAN VERWYSCEO
Officer
40$0$129,287$12,054
MOLLY P PETERSENVP OF FINANCE
Officer
40$0$103,343$0
CAMERON YOUNGDIRECTOR - CHAIR
Trustee or director
2$0$0$0
EUNICE LOPEZ-MARTINDIRECTOR - VICE CHAIR
Trustee or director
2$0$0$0
TOM PRINCEDIRECTOR - TREASURER
Trustee or director
2$0$0$0
BRIANNE PITCHFORDDIRECTOR - SECRETARY
Trustee or director
2$0$0$0
DAVID CONTANTDIRECTOR
Trustee or director
1$0$0$0
RICK TREURDIRECTOR
Trustee or director
1$0$0$0
DEVETTA BLAKELYDIRECTOR
Trustee or director
1$0$0$0
ALMA OBANDEDIRECTOR
Trustee or director
1$0$0$0
OMAR BROWNDIRECTOR
Trustee or director
1$0$0$0
RYAN OGLEDIRECTOR
Trustee or director
1$0$0$0
LEE HARDYDIRECTOR- PAST CHAIR
Trustee or director
1$0$0$0
MARY DEYOUNGDIRECTOR
Trustee or director
1$0$0$0
JANICE DORSEYDIRECTOR
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
RHODA KREUZERDIRECTOR - PART YEAR
Trustee or director
1$0
WILLIAM JACKSONDIRECTOR - PART YEAR
Trustee or director
1$0
JAMECIA ADAMSDIRECTOR - PART YEAR
Trustee or director
1$0
990 for the year ended May 31, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RYAN VERWYSCEO
Officer
40$0$140,442$18,057
DERRICK SMITHVICE PRESIDENT OF FINANCE-PART YEAR
Officer
40$0$77,464$7,634
MOLLY PETERSENVICE PRESIDENT OF FINANCE
Officer
40$0$29,407$0
CAMERON YOUNGDIRECTOR - CHAIR
Trustee or director, Officer
2$0$0$0
EUNICE LOPEZ-MARTINDIRECTOR - VICE CHAIR
Trustee or director, Officer
2$0$0$0
BRIANNE PITCHFORDDIRECTOR - SECRETARY
Trustee or director, Officer
2$0$0$0
TOM PRINCEDIRECTOR - TREASURER
Trustee or director, Officer
2$0$0$0
JAMECIA ADAMSDIRECTOR
Trustee or director
1$0$0$0
DAVID CONTANTDIRECTOR
Trustee or director
1$0$0$0
ARLEN-DEAN GADDYDIRECTOR - PART YEAR
Trustee or director
1$0$0$0
MARY DEYOUNGDIRECTOR
Trustee or director
1$0$0$0
MARJORIE DOODDIRECTOR
Trustee or director
1$0$0$0
LEE HARDYDIRECTOR
Trustee or director
1$0$0$0
WILLIAM JACKSONDIRECTOR
Trustee or director
1$0$0$0
RHODA KREUZERDIRECTOR
Trustee or director
1$0$0$0
LEXI WOODSDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended May 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RYAN VERWYSCEO
Officer
40$0$139,434$22,682
DERRICK SMITHVICE PRESIDENT OF FINANCE
Officer
40$0$94,022$11,484
JAMECIA ADAMSDIRECTOR - VICE PRESIDENT
Trustee or director, Officer
2$0$0$0
ARLEN-DEAN GADDYDIRECTOR - SECRETARY
Trustee or director, Officer
2$0$0$0
RHODA KREUZERDIRECTOR - CHAIR
Trustee or director, Officer
2$0$0$0
DAVID CONTANTDIRECTOR
Trustee or director, Officer
2$0$0$0
MARJORIE DOODDIRECTOR
Trustee or director
1$0$0$0
LEE HARDYDIRECTOR
Trustee or director
1$0$0$0
WILLIAM JACKSONDIRECTOR
Trustee or director
1$0$0$0
MARY DEYOUNGDIRECTOR
Trustee or director
1$0$0$0
EUNICE LOPEZ-MARTINDIRECTOR
Trustee or director
1$0$0$0
TOM PRINCEDIRECTOR - TREASURER
Trustee or director
1$0$0$0
BRIANNE PITCHFORDDIRECTOR
Trustee or director
1$0$0$0
LEXI WOODSDIRECTOR
Trustee or director
1$0$0$0
CAMERON YOUNGDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
415 M L K JR DR SE SUITE 100, GRAND RAPIDS, MI 49507-0000
Principal officer (990 for 2024)
MOLLY P PETERSEN, 415 MARTIN LUTHER KING JR ST SE 100, GRAND RAPIDS, MI 49507
Signed the 990
MOLLY P PETERSEN, VP OF FINANCE
Phone
(616) 336-9333
Return prepared by
PLANTE & MORAN PLLC

Mission

EQUITABLE OPPORTUNITY. AFFORDABLE HOMES. THRIVING NEIGHBORHOODS.

990 for the year ended December 31, 2024

Program accomplishments

  • ICCF BUILDS AND RENOVATES RENTAL HOUSING WITH AN EMPHASIS ON RESIDENTIAL MANAGEMENT AND RESIDENT DIGNITY. OVER 600 RENTAL UNITS ARE PROVIDED AT BELOW MARKET RATES. IN ADDITION, PROGRAMS ARE AVAILABLE TO EVERY RENTAL RESIDENT TO TEACH THEM SKILLS TOWARD BECOMING HOMEOWNERS THEMSELVES. FAMILIES ASSUME POSITIONS OF RESPONSIBILITY IN THE OPERATION OF THEIR RENTAL COMMUNITIES THROUGH THE TENANT CENTERED MANAGEMENT PROGRAM, AND A SOCIAL WORK TEAM PROVIDES DIRECT SERVICES AND REFERRALS.
    Expenses $4,291,323 · revenue $2,844,691
  • ICCF'S HOUSING COUNSELING PROGRAM IS CERTIFIED BY HUD AND THE MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY (MSHDA) AND ADHERES TO THE NATIONAL INDUSTRY STANDARDS FOR HOUSING COUNSELORS. IN FY2024 160 HOUSEHOLDS ENGAGED WITH OUR RESIDENT PROGRAMS. 448 INDIVIDUALS COMPLETED A HOMEBUYER EDUCATION SERIES AND 269 HOUSING COUNSELING CLIENTS WERE SERVED. ALL CLIENTS ARE SERVED REGARDLESS OF INCOME, RACE, COLOR, RELIGION/CREED, SEX, NATIONAL ORIGIN, AGE, FAMILY STATUS, DISABILITY, OR SEXUAL ORIENTATION/GENDER IDENTITY. PROGRAMS ARE ADMINISTERED IN CONFORMITY WITH LOCAL, STATE, AND FEDERAL ANTI-DISCRIMINATION LAWS, INCLUDING THE FEDERAL FAIR HOUSING ACT (42 USC 3600, ET SEQ.)ICCF OFFERS TWO CLASS SERIES: INTRODUCTION TO HOMEOWNERSHIP AND FINANCIAL CAPABILITIES. TOGETHER THESE SERVE TO EQUIP PROSPECTIVE HOMEBUYERS OR OTHERS WHO ARE WORKING TO ACHIEVE FINANCIAL GOALS OR AFFORDABLE HOUSING. CLASSES ARE TAUGHT BY EXPERTS ON ICCF STAFF AND OFFERED IN ENGLISH AND SPANISH. IN ADDITION, DEDICATED HOUSING COUNSELING AND AN INDIVIDUAL DEVELOPMENT ACCOUNT (IDA) DOWN PAYMENT MATCHING PROGRAM ARE AVAILABLE FOR QUALIFIED CLIENTS. THROUGH THESE PROGRAMS, PARTICIPANTS HAVE THE OPPORTUNITY TO IMPROVE THEIR FAMILY AND HOUSING SITUATIONS, AND INCREASE THEIR OPPORTUNITIES IN LIFE.
    Expenses $478,514
  • EMERGENCY SHELTER FOR HOMELESS FAMILIES - FAMILY HAVEN: IN FY2024 22 FAMILIES (42 ADULTS AND 72 CHILDREN) RECEIVED EMERGENCY HOUSING AND SERVICES DESIGNED TO TAKE THEM FROM HOMELESSNESS TO STABLE HOUSING AT ICCF'S EMERGENCY FAMILY SHELTER CALLED FAMILY HAVEN. 14 OF THE 22 FAMILIES HOUSED DURING FY2024 EXITED FAMILY HAVEN TO PERMANENT HOUSING. UP TO TWELVE MONTHS OF FOLLOW UP SERVICES HELP FAMILIES SECURE COMMUNITY RESOURCES, EMPLOYMENT, EDUCATION, CHILD CARE, ETC. ALL REFERRALS TO FAMILY HAVEN ARE RECEIVED FROM THE HOUSING ASSESSMENT PROGRAM AT THE SALVATION ARMY.
    Expenses $125,653

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
38-1903026
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$63,937,468
Income (IRS master file)
$8,525,044

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,525,044$6,586,397$63,937,468IRS
990May 2024$8,364,924$10,547,657$63,000,552XML
990May 2023$9,557,894$9,289,596$65,764,497XML
990May 2022$12,188,676$9,963,395$56,991,774IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-1903026).

Questions about ICCF COMMUNITY HOME

What is the EIN of ICCF COMMUNITY HOME?
The employer identification number (EIN) of ICCF COMMUNITY HOME is 38-1903026.
Is ICCF COMMUNITY HOME tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to ICCF COMMUNITY HOME tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ICCF COMMUNITY HOME file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ICCF COMMUNITY HOME due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ICCF COMMUNITY HOME last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ICCF COMMUNITY HOME?
The 990 for the year ended December 31, 2024 names MOLLY P PETERSEN.
Who are the officers and directors of ICCF COMMUNITY HOME?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does ICCF COMMUNITY HOME have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,525,044, expenses of $6,586,397 and total assets of $63,937,468 at year end.

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