Nonprofit · EIN 38-2615690
ICCF NONPROFIT HOUSING CORPORATION
Also known as 415 MART LUTHER KING JR ST SE
Tax-exempt · GRAND RAPIDS, MI 49507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,521,916 | $2,335,855 | $186,061 | $4,609,170 | $4,312,140 | $297,030 |
| May 31, 2024 | 990 | $3,499,909 | $3,709,518 | -$209,609 | $1,490,921 | $1,379,952 | $110,969 |
| May 31, 2023 | 990 | $3,414,085 | $3,418,894 | -$4,809 | $873,719 | $553,141 | $320,578 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,470,659
- Investment income
- $47,759
- Net rental income
- $3,498
- Net gain from sales of assets
- $47,759
- Other revenue
- $3,498
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $244,684
- Other salaries and wages
- $1,463,074
- Salaries, compensation and benefits (total)
- $1,867,946
- Professional fundraising fees
- $0
- Occupancy
- $206
- Program services (functional)
- $1,229,965
- Management and general (functional)
- $855,405
- Fundraising (functional)
- $250,485
Balance sheet and other
- Total assets, start of year
- $1,490,921
- Total assets, end of year
- $4,609,170
- Total liabilities, end of year
- $4,312,140
- Net assets, end of year
- $297,030
- Net assets without donor restrictions
- $297,030
- Gross receipts
- $2,611,274
- Employees
- 73
- Volunteers
- 4
- Year formed
- 1985
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN VERWYS | CEO Officer | 8 | $129,287 | $12,054 |
| MOLLY PETERSEN | VICE PRESIDENT OF FINANCE Officer | 8 | $103,343 | $0 |
| CAMERON YOUNG | DIRECTOR - CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EUNICE LOPEZ MARTIN | DIRECTOR - VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEVETTA BLAKELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANICE DORSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN VERWYS | CEO Officer | 8 | $140,442 | $18,057 |
| DERRICK SMITH | VICE PRESIDENT OF FINANCE-PART YEAR Officer | 8 | $77,464 | $7,634 |
| MOLLY PETERSEN | VICE PRESIDENT OF FINANCE Officer | 8 | $29,407 | $0 |
| CAMERON YOUNG | DIRECTOR - CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EUNICE LOPEZ MARTIN | DIRECTOR - VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEVETTA BLAKELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARLEN-DEAN GADDY | DIRECTOR - PART YEAR Trustee or director, Officer | 2 | $0 | $0 |
| JANICE DORSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN VERWYS | CEO Officer | 8 | $139,434 | $22,682 |
| DERRICK SMITH | VICE PRESIDENT OF FINANCE Officer | 8 | $94,022 | $11,484 |
| LEE HARDY | DIRECTOR - CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EUNICE LOPEZ MARTIN | DIRECTOR - VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ARLEN-DEAN GADDY | DIRECTOR - SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JANICE DORSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEVETTA BLAKELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 415 MARTIN LUTHER KING JR ST SE STE, GRAND RAPIDS, MI 49507-1275
- 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 FINANCE
- Phone
- (616) 336-9333
- Website
- WWW.ICCF.ORG
- Return prepared by
- PLANTE & MORAN PLLC
Mission
EQUITABLE OPPORTUNITY. AFFORDABLE HOMES. THRIVING NEIGHBORHOODS.
Program accomplishments
- ICCF NONPROFIT HOUSING CORPORATION IS THE CONSTRUCTION AFFILIATE OF THE ICCF COMMUNITY HOMES (ICCF). WE CONSTRUCT OR RE-CONSTRUCT 5-10 AFFORDABLE HOMES ANNUALLY. ALL REVENUE AND EXPENSE FOR THE PROGRAMS IS REPORTED IN THE PARENT, ICCF.Expenses $1,229,965 · revenue $2,474,157
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 38-2615690
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25Z)
- Assets (IRS master file)
- $4,609,170
- Income (IRS master file)
- $2,611,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,521,916 | $2,335,855 | $4,609,170 | XML |
| 990 | May 2024 | $3,499,909 | $3,709,518 | $1,490,921 | XML |
| 990 | May 2023 | $3,414,085 | $3,418,894 | $873,719 | XML |
| 990 | May 2022 | $4,091,908 | $4,093,337 | $1,860,617 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 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 38-2615690).
Questions about ICCF NONPROFIT HOUSING CORPORATION
- What is the EIN of ICCF NONPROFIT HOUSING CORPORATION?
- The employer identification number (EIN) of ICCF NONPROFIT HOUSING CORPORATION is 38-2615690.
- Is ICCF NONPROFIT HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to ICCF NONPROFIT HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ICCF NONPROFIT HOUSING CORPORATION 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 NONPROFIT HOUSING CORPORATION 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 NONPROFIT HOUSING CORPORATION 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 NONPROFIT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names MOLLY P PETERSEN.
- Who are the officers and directors of ICCF NONPROFIT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $129,287 (RYAN VERWYS, CEO).
- How much revenue does ICCF NONPROFIT HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,521,916, expenses of $2,335,855 and total assets of $4,609,170 at year end.
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All nonprofits in GRAND RAPIDS · Michigan · Housing and shelter