NEW DIRECTIONS HOUSING CORPORATION
Louisville, KY | Jefferson County
Affordable Housing
Overview
NEW DIRECTIONS HOUSING CORPORATION
61-0715630
1617 MAPLE ST
Louisville, KY 40210
Jefferson County
Louisville, KY 40210
Jefferson County
(502) 589-2272
Mission Statement
SINCE 1971, NEW DIRECTIONS HAS BEEN HELPING FAMILIES OVERCOME OBSTACLES TO AFFORDABLE, SAFE, SUSTAINABLE HOUSING IN LOUISVILLE AND SOUTHERN INDIANA.
CRA Category
- Affordable Housing
Nonprofit location
- LMI Census Tract
- Majority Minority Census Tract
- Opportunity Zone
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
1971
Total Employees
80
Total Volunteers
150
Nonprofit Classification (NTEE Code)
-
Not reported
IRS Activity Codes
381
Low and moderate income housing
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
-
Not reported
Targeted Clients
- Disabled
- Economically Disadvantaged
- Families
CRA Income Characteristics
- Low-Income
CRA Alignment
CRA Category
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
50%
Percent LMI Served
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services
I Rise Program
Targeted Clients
- Economically Disadvantaged
- People needing Credit Counseling
CRA Income Characteristics
- Low-Income
- HUD Assistance Recipients
Awards & Certifications
Community Development Financial Institution
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$9.7M
Revenue
$9.7M
Assets
$26.2M
IRS Business Master File Details
As of March 2024
Exempt Ruling Date
1972-05
Deductibility Status
Deductible
Last Tax Filing
2022
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Publication 78 Details
As of March 2024
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
IRS Form 990 Returns
Through August 2023
Nonprofit Location
Physical Address
1617 MAPLE ST
Louisville, KY 40210
Jefferson County
Louisville, KY 40210
Jefferson County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
31140
MSA/MD
21
State
111
County
0027.00
Tract
Low
Income Level
Core-Based Statistical Area
31140 - Louisville/Jefferson County, KY-IN
Combined Statistical Area
350 - Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
85.79%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
- KY - Jefferson County
Market Data
Census Tract | County | |
---|---|---|
0027.00 | Jefferson County | |
Population | ||
Total Population | 2,723 | 779,232 |
Total Households | 1,126 | 327,211 |
Income | ||
Median Family Income (Census*) | $17,640 | $66,296 |
Median Family Income (2023 FFIEC est.) | $89,300 | $89,300 |
Tract Income Percentage | 22.73% | N/A |
Below Poverty Level | 56.3% | 14.1% |
Unemployment Level | 16.7% | 5.1% |
Housing | ||
Total Housing Units | 1,591 | 356,155 |
Total Owner-Occupied Units | 15.0% | 61.8% |
Total Renter-Occupied Units | 55.8% | 38.2% |
Total Vacant Units | 29.2% | 7.2% |
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
Management
24
Total Voting Members
in Governing Body
in Governing Body
24
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Christopher Roszman
(502) 589-2272
(502) 589-2272
Principal Officer
Lori Flanery
findCRA Profile Owner
John Beran
Chief Strategy Officer
john.beran@ndhc.org
Chief Strategy Officer
john.beran@ndhc.org
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.
This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.
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