New Village Corporation
AS A WHOLLY-OWNED SUBSIDIARY OF NEIGHBORHOOD PROGRESS, INC. (NPI), NEW VILLAGE CORPORATION (NVC) DEVELOPS CATALYTIC REAL ESTATE PROJECTS IN JOINT VENTURES WITH COMMUNITY BASED 501(C)(3) DEVELOPMENT CORPORATIONS AND PRIVATE INVESTORS. NEW VILLAGE CORPORATION SUPPORTS PROJECTS THAT ARE EITHER TOO LARGE FOR A NON-PROFIT 501(C)(3) COMMUNITY DEVELOPMENT CORPORATION ("CDC") TO TAKE ON OR TOO RISKY FOR A PRIVATE DEVELOPER. NVC WORKS DIRECTLY WITH 501(C)(3) CDCS AND PRIVATE DEVELOPERS TO HELP SECURE RESOURCES THAT ASSIST IN HANDLING COMPLEX REAL ESTATE DEVELOPMENT PROJECTS. NVC PROVIDES TECHNICAL ASSISTANCE, INCLUDING ARRANGING PROJECT FINANCING. PROJECTS UNDERTAKEN FURTHER THE ORGANIZATION'S CHARITABLE PURPOSES BY COMBATING COMMUNITY DETERIORATION IN DISTRESSED COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.7M
+14.1% YoY
Revenue
$3.5M
-51.7% YoY
Net Investment Income
$6K
-10.3% YoY
Expenses
$3.3M
+21.2% YoY
About New Village Corporation
Based on IRS filings
New Village Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.7M in total assets. Net investment income was $6K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,734,346 | $21,685,616 | $7,440,000 |
| Revenue | $3,482,394 | $7,203,569 | $529,797 |
| Expenses | $3,346,082 | $2,761,252 | $564,898 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,140 | $6,843 | $5,442 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TANIA MENESSE | VICE CHAIRPERSON | 1 | — |
| JEFFREY VERESPEJ | CHIEF OPERATIONS OFFICER | 1 | — |
| BRIANA PERRY | PRESIDENT | 16 | — |
| MELODIE SANDERS | SR. VP OF FINANCE / CFO | 6 | — |
| SEAN MCDERMOTT | CHAIR | 1 | — |
| AUGUST FLUKER | TREASURER | 1 | — |
| DORIVETTE NOLAN | SECRETARY | 1 | — |
| ISABEL DEROBERTS | TRUSTEE | 1 | — |
| JASON RUSSELL | TRUSTEE | 1 | — |
| LISA MCGOVERN | TRUSTEE | 1 | — |
| JASON PHILLIPS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Village Corporation?
New Village Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in CLEVELAND, OH. It holds $24.7M in total assets as of 2024.
How large is New Village Corporation?
As of 2024, New Village Corporation holds $24.7M in total assets with $3.5M in annual revenue.
Where does New Village Corporation operate?
New Village Corporation has awarded grants in Ohio.
What is New Village Corporation's EIN?
New Village Corporation's EIN (Employer Identification Number) is 34-1653986. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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