CONTINUOUS COMMUNITY RENEWAL THROUGH THE AREAS OF: DEVELOPMENT AND REDEVELOPMENT OF REAL ESTATE; HOUSING CONSTRUCTION, REHABILITATION AND FINANCING; COMMUNITY BUILDING AND RESIDENT ENGAGEMENT AND ECONOMOIC DEVELOPMENT
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.4M
+9.9% YoY
Annual Giving
$91K
-44.9% YoY
Grant Count
11
-31.3% YoY
Avg Grant Size
$8K
-19.9% YoY
About Holly City Development Corporation
Based on IRS filings
Holly City Development Corporation is a nonprofit organization focused on Housing & Shelter, based in MILLVILLE, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 11 grants totaling $91K. Net investment income was $286.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,403,819 | $2,187,995 | $1,444,595 |
| Revenue | $1,067,798 | $1,647,793 | $1,039,071 |
| Expenses | $834,312 | $830,117 | $1,037,337 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $286 | $11 | $76 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL DEPALMA | Trustee | 0.5 | — |
| JOHN KNOOP | Vice Chair | 0.5 | — |
| JAMES PARENT | Board Chair | 0.5 | — |
| MICHAEL SANTIAGO | Chairman | — | — |
| TINA GILLAM | Trustee | 0.5 | — |
| PAULA RING | Secretary | 0.5 | — |
| CURTIS ZIMMERMAN | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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