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New Village Corporation

CLEVELAND, OH EIN: 34-1653986 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Cleveland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$23K$45K$68K$90K1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
TANIA MENESSEVICE CHAIRPERSON1
JEFFREY VERESPEJCHIEF OPERATIONS OFFICER1
BRIANA PERRYPRESIDENT16
MELODIE SANDERSSR. VP OF FINANCE / CFO6
SEAN MCDERMOTTCHAIR1
AUGUST FLUKERTREASURER1
DORIVETTE NOLANSECRETARY1
ISABEL DEROBERTSTRUSTEE1
JASON RUSSELLTRUSTEE1
LISA MCGOVERNTRUSTEE1
JASON PHILLIPSTRUSTEE1

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.

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

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