Heartside Nonprofit Housing Corporation

GRAND RAPIDS, MI EIN: 38-2600226

HEARTSIDE NONPROFIT HOUSING CORPORATION DEVELOPS RESIDENTIAL HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.3M

+30.2% YoY

Annual Giving

$574K

+35.4% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$191K

+35.4% YoY

About Heartside Nonprofit Housing Corporation

Based on IRS filings

Heartside Nonprofit Housing Corporation is a nonprofit organization, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.3M in total assets. In 2024, it awarded 3 grants totaling $574K. Net investment income was $165K.

Ready to take the next step with Heartside Nonprofit Housing Corporation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Grand Rapids

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$363K$726K$1M$1M20202021202220232024
Metric202420232022
Total Assets$21,308,168$16,369,102$16,442,374
Revenue$1,190,221$827,234$892,326
Expenses$1,085,488$877,926$1,153,543
Qualifying Distributions
Net Investment Income$165,357$135,633$135,574
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$178K$357K$535K$714K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

HERKIMER COMMERCE LIMITE…$288KKBC LIMITED DIVIDEND HOU…$209KDWELLING PLACE OF GRAND …$78K

Grant Size Distribution

15 grants across all recorded years

<$50K4$50–100K7$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Herkimer Commerce Limited Dividend Housing Association ($287,921), Kbc Limited Dividend Housing Association ($208,720), Dwelling Place of Grand Rapids ($77,720).

RecipientPurposeAmount
DWELLING PLACE OF GRAND RAPIDS GRAND RAPIDS, MITO ASSIST DWELLING PLACE OF GRAND RAPIDS IN PROVIDING LOW INCOME HOUSING.$77,720
KBC LIMITED DIVIDEND HOUSING ASSOCIATION GRAND RAPIDS, MITO ASSIST KBC LIMITED DIVIDEND HOUSING ASSOCIATION IN PROVIDING LOW INCOME HOUSING.$208,720
HERKIMER COMMERCE LIMITED DIVIDEND HOUSING ASSOCIATION GRAND RAPIDS, MITO ASSIST HERKIMER COMMERCE LDHA IN PROVIDING LOW INCOME HOUSING.$287,921

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEREMY DEROOFORMER CEO1
LEE NELSON WEBERSECRETARY1
RICH KOGELSCHATZCHAIRPERSON1
KIM SIMSVICE CHAIRPERSON1
ANGIE SANBORNTREASURER1
ALONDA TRAMMELL-MILLERCHIEF SERVICES OFFICER1
FELISHA RODRIGUEZFORMER COO1
VINCE LAMBERTCHIEF FINANCIAL OFFICER1
JACOB HORNERCHIEF REAL ESTATE DEVELOPM1

Frequently Asked Questions

How large is Heartside Nonprofit Housing Corporation?

As of 2024, Heartside Nonprofit Housing Corporation holds $21.3M in total assets with $1.2M in annual revenue. It awarded 3 grants totaling $574K in 2024.

Where does Heartside Nonprofit Housing Corporation operate?

Heartside Nonprofit Housing Corporation has awarded grants in Michigan.

What size grants does Heartside Nonprofit Housing Corporation award?

In 2024, Heartside Nonprofit Housing Corporation awarded 3 grants totaling $574K — an average of about $191K per grant, based on its IRS Form 990 filings.

What is Heartside Nonprofit Housing Corporation's EIN?

Heartside Nonprofit Housing Corporation's EIN (Employer Identification Number) is 38-2600226. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Heartside Nonprofit Housing Corporation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Heartside Nonprofit Housing Corporation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities