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Nonprofit · EIN 61-0715630

NEW DIRECTIONS HOUSING CORPORATION

Tax-exempt · LOUISVILLE, KY 40210

Financials

$21M$12.3M2022$17.1M$14M2023$13.4M$14.6M2024
Revenue Expenses · by fiscal year end
Financials of NEW DIRECTIONS HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,367,208$14,627,109-$1,259,901$39,978,322$17,309,577$22,668,745
June 30, 2024990$17,060,814$14,002,803$3,058,011$38,270,818$14,342,172$23,928,646
June 30, 2023990$21,004,769$12,338,105$8,666,664$33,651,135$12,780,500$20,870,635
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,226,714
of which government grants
$2,789,507
Program service revenue
$7,531,937
Investment income
$603,951
Net gain from sales of assets
$18,139
Net income from fundraising events
-$36,772
Other revenue
$4,606

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$930,763
Other salaries and wages
$3,728,813
Salaries, compensation and benefits (total)
$5,276,830
Professional fundraising fees
$0
Legal fees
$19,628
Accounting fees
$129,820
Travel
$5,786,696
Depreciation
$858,692
Program services (functional)
$13,103,480
Management and general (functional)
$1,156,714
Fundraising (functional)
$366,915

Balance sheet and other

Total assets, start of year
$38,270,818
Total assets, end of year
$39,978,322
Total liabilities, end of year
$17,309,577
Net assets, end of year
$22,668,745
Land, buildings and equipment
$13,059,997
Net assets without donor restrictions
$21,884,253
Net assets with donor restrictions
$784,492
Gross receipts
$13,478,131
Employees
97
Volunteers
1,154
Year formed
1971
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LORI FLANERYPRESIDENT/CEO
Officer
40$191,133$6,538
BRIDGETTE JOHNSONCOO
Officer
40$161,364$8,884
KATHLEEN MCKUNECRO
Officer
40$151,667$708
DAVID SNYDERCDO
Officer
40$120,226$8,998
CHRISTOPHER ROSZMANCFO (TILL 11/24)/SR ADV (TILL 1/25)
Officer
40$120,685$5,228
GEORGE SANDERSCIO
Officer
40$100,398$8,318
JOHN BERANCSO
Officer
40$24,007$4,795
MICHAEL HEICHELBECHCFO FROM 11/2024
Officer
40$18,462$0
KURT MASONCHAIR
Trustee or director, Officer
0.25$0$0
ZACH WEDDINGIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.25$0$0
GRETCHEN LEITERMANVICE CHAIR
Trustee or director, Officer
0.25$0$0
ELIZABETH RAUCHSECRETARY
Trustee or director, Officer
0.25$0$0
TONYA MONTGOMERYTREASURER
Trustee or director, Officer
0.25$0$0
TRICIA BURKEDIRECTOR
Trustee or director
0.25$0$0
STACHELLE BUSSEYDIRECTOR
Trustee or director
0.25$0$0
15 more people on this return
NameTitleHours / weekCompensation
HEATHER M DEARINGDIRECTOR
Trustee or director
0.25$0
KEISHA DORSEYDIRECTOR
Trustee or director
0.25$0
DARRELL FULLERDIRECTOR
Trustee or director
0.25$0
KATHRYN GILESDIRECTOR
Trustee or director
0.25$0
ZAN GLOVERDIRECTOR
Trustee or director
0.25$0
ADAM HALLDIRECTOR
Trustee or director
0.25$0
BRENT MILLERDIRECTOR
Trustee or director
0.25$0
ANDREW PLEASANTDIRECTOR
Trustee or director
0.25$0
JENNIFER RECKTENWALDDIRECTOR
Trustee or director
0.25$0
SHERI ROSEDIRECTOR
Trustee or director
0.25$0
W ALFRED SMITHDIRECTOR
Trustee or director
0.25$0
RITA WARDDIRECTOR
Trustee or director
0.25$0
FAITH WEEKLYDIRECTOR
Trustee or director
0.25$0
MARCUS WINKLERDIRECTOR
Trustee or director
0.25$0
GORDON C DUKEDIRECTOR TO 4/2025
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 29 people
NameTitleHours / weekCompensationOther / benefits
LORI FLANERYPRESIDENT/CEO
Officer
40$187,034$5,611
BRIDGETTE JOHNSONCOO
Officer
40$152,332$11,144
KATHLEEN MCKUNECRO
Officer
40$146,985$6,574
DAVID SNYDERCDO
Officer
40$118,849$9,677
CHRISTOPHER ROSZMANCFO
Officer
40$120,974$0
GEORGE SANDERSCIO
Officer
40$98,900$9,541
JOHN BERANCSO
Officer
40$23,522$9,673
ZACH WEDDINGCHAIR
Trustee or director, Officer
0.25$0$0
KURT MASONVICE CHAIR
Trustee or director, Officer
0.25$0$0
TONYA MONTGOMERYTREASURER
Trustee or director, Officer
0.25$0$0
ELIZABETH RAUCHSECRETARY
Trustee or director, Officer
0.25$0$0
TRICIA BURKEDIRECTOR
Trustee or director
0.25$0$0
STACHELLE BUSSEYDIRECTOR
Trustee or director
0.25$0$0
HEATHER M DEARINGDIRECTOR
Trustee or director
0.25$0$0
KEISHA DORSEYDIRECTOR
Trustee or director
0.25$0$0
GORDON C DUKEDIRECTOR
Trustee or director
0.25$0$0
DARRELL FULLERDIRECTOR
Trustee or director
0.25$0$0
KATHRYN GILESDIRECTOR
Trustee or director
0.25$0$0
ZAN GLOVERDIRECTOR
Trustee or director
0.25$0$0
ADAM HALLDIRECTOR
Trustee or director
0.25$0$0
GRETCHEN LEITERMANDIRECTOR
Trustee or director
0.25$0$0
BRENT MILLERDIRECTOR
Trustee or director
0.25$0$0
ANDREW PLEASANTDIRECTOR
Trustee or director
0.25$0$0
JENNIFER RECKTENWALDDIRECTOR
Trustee or director
0.25$0$0
SHERI ROSEDIRECTOR
Trustee or director
0.25$0$0
W ALFRED SMITHDIRECTOR
Trustee or director
0.25$0$0
RITA WARDDIRECTOR
Trustee or director
0.25$0$0
FAITH WEEKLYDIRECTOR
Trustee or director
0.25$0$0
MARKUS WINKLERDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended June 30, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
LORI FLANERYPRESIDENT/CEO
Officer
40$182,631$8,311
BRIDGETTE JOHNSONCOO
Officer
40$156,822$11,184
KATHLEEN MCKUNECRO
Officer
40$142,639$0
CHRISTOPHER ROSZMANCFO
Officer
40$117,292$7,253
DAVID SNYDERCDO
Officer
40$97,914$12,852
GEORGE SANDERSCIO
Officer
40$89,917$9,028
JOHN BERANCSO
Officer
40$27,397$1,843
TRICIA BURKEDIRECTOR
Trustee or director
0.25$0$0
STACHELLE BUSSEYDIRECTOR
Trustee or director
0.25$0$0
HEATHER M DEARINGDIRECTOR
Trustee or director
0.25$0$0
KEISHA DORSEYDIRECTOR
Trustee or director
0.25$0$0
GORDON C DUKEDIRECTOR
Trustee or director
0.25$0$0
DARRELL FULLERDIRECTOR
Trustee or director
0.25$0$0
KATHRYN GILESDIRECTOR
Trustee or director
0.25$0$0
ZAN GLOVERDIRECTOR
Trustee or director
0.25$0$0
ADAM HALLDIRECTOR
Trustee or director
0.25$0$0
ANDREW PLEASANTDIRECTOR
Trustee or director
0.25$0$0
JENNIFER RECKTENWALDDIRECTOR
Trustee or director
0.25$0$0
SHERI ROSEDIRECTOR
Trustee or director
0.25$0$0
W ALFRED SMITHDIRECTOR
Trustee or director
0.25$0$0
CHRISTOPHER TOMPKINSDIRECTOR
Trustee or director
0.25$0$0
RITA WARDDIRECTOR
Trustee or director
0.25$0$0
FAITH WEEKLYIMMEDIATE PAST CHAIR
Trustee or director
0.25$0$0
ZACH WEDDINGCHAIR
Trustee or director, Officer
0.25$0$0
KURT MASONVICE CHAIR
Trustee or director, Officer
0.25$0$0
TONYA MONTGOMERYTREASURER
Trustee or director, Officer
0.25$0$0
ELIZABETH RAUCHSECRETARY
Trustee or director, Officer
0.25$0$0

Address and contacts

Address (IRS master file)
1617 MAPLE ST, LOUISVILLE, KY 40210-1045
Principal officer (990 for 2024)
BRIDGETTE JOHNSON, 1617 MAPLE STREET, LOUISVILLE, KY 40210
Signed the 990
TREVOR GILLILAND, INTERIM CFO
Phone
(502) 589-2272
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

NEW DIRECTIONS CREATES AND PRESERVES HOMES, FOSTERS COMMUNITY STABILITY AND SUPPORTS FAMILIES ON THEIR PATH TO ECONOMIC SUCCESS.

990 for the year ended June 30, 2025

Program accomplishments

  • RENTAL PROPERTIES - PROVIDE SHELTER AND SITE-BASED SOCIAL AND EDUCATIONAL SERVICES TO AID LOW-INCOME INDIVIDUALS. NEW DIRECTIONS CONNECTS RESIDENTS TO THE RESOURCES THEY NEED TO MEET THEIR GOALS IN LIFE, INCLUDING SOCIAL SERVICES, YOUTH PROGRAMMING, COACHING, AND GROUP INFORMATIONAL SESSIONS.
    Expenses $4,794,860 · revenue $4,808,135
  • ASSET AND PROPERTY MANAGEMENT - MAINTAIN AND PRESERVE RENTAL HOUSING TO HELP LOW-INCOME HOUSEHOLDS. NEW DIRECTIONS PROVIDES CLEAN, SAFE, AFFORDABLE, QUALITY HOUSING FOR MORE THAN 821 FAMILIES AND 1,363 INDIVIDUALS OF LOW INCOME, INCLUDING CHILDREN AND SENIORS, IN OUR COMMUNITY'S MOST ECONOMICALLY DISADVANTAGED NEIGHBORHOODS.
    Expenses $3,103,716 · revenue $2,723,802
  • HOME OWNERSHIP PRESERVATION - INCREASE AND PRESERVE AFFORDABLE HOUSING, PRIMARILY IN LOUISVILLE'S WEST END NEIGHBORHOODS. NEW DIRECTIONS MOBILIZES COMMUNITY-WIDE RESOURCES AND HAD 1,154 VOLUNTEERS THIS FISCAL YEAR TO ASSIST LOW TO MODERATE INCOME SENIORS AND DISABLED HOMEOWNERS WITH ESSENTIAL HOME REPAIRS. IN ADDITION, WE PROVIDE LOW TO MODERATE INCOME HOMEOWNERS WITH LARGER HOME REPAIR OPPORTUNITIES THROUGH LOW-INTEREST OR FORGIVABLE LOANS TO PREVENT AND COMBAT THE ISSUE OF VACANT AND ABANDONED PROPERTIES IN OUR CITY.
    Expenses $4,210,045
  • RESIDENT SERVICES, REAL ESTATE DEVELOPMENT, COMMUNITY BUILDING AND ENGAGEMENT, AND EARLY CHILDHOOD DEVELOPMENT.
    Expenses $994,859

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
61-0715630
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$39,978,322
Income (IRS master file)
$13,478,131

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,367,208$14,627,109$39,978,322XML
990June 2024$17,060,814$14,002,803$38,270,818IRS
990June 2023$21,004,769$12,338,105$33,651,135XML
990June 2022$9,717,897$11,385,018$26,198,596IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 61-0715630).

Questions about NEW DIRECTIONS HOUSING CORPORATION

What is the EIN of NEW DIRECTIONS HOUSING CORPORATION?
The employer identification number (EIN) of NEW DIRECTIONS HOUSING CORPORATION is 61-0715630.
Is NEW DIRECTIONS HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to NEW DIRECTIONS HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW DIRECTIONS 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 NEW DIRECTIONS HOUSING CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW DIRECTIONS HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW DIRECTIONS HOUSING CORPORATION?
The 990 for the year ended June 30, 2025 names BRIDGETTE JOHNSON.
Who are the officers and directors of NEW DIRECTIONS HOUSING CORPORATION?
The 990 for the year ended June 30, 2025 lists 30 people; 8 received compensation from the organization, the highest $191,133 (LORI FLANERY, PRESIDENT/CEO).
How much revenue does NEW DIRECTIONS HOUSING CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,367,208, expenses of $14,627,109 and total assets of $39,978,322 at year end.

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