GENEROUS HEART COMMUNITY DEVELOPMENT INC
Cite this
Plain text GENEROUS HEART COMMUNITY DEVELOPMENT INC. Strategy Studio, nonprofit organization profile, tax years 2022–2024. https://strategystudio.org/org/853706751. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). GENEROUS HEART COMMUNITY DEVELOPMENT INC [Nonprofit organization profile; tax years 2022–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/853706751
MLA “GENEROUS HEART COMMUNITY DEVELOPMENT INC.” Strategy Studio, tax years 2022–2024, https://strategystudio.org/org/853706751. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2022–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990 · revenue $2.5M · expenses $6.1M · assets $20.7M
- EIN
- 85-3706751
- Address
- PO BOX 924, NOBLESVILLE, IN 46061-0924
- NTEE code
- L20
- Subsection
- 501(c)(3)
- Ruling year
- 2021
- Cross-check
- ProPublica Nonprofit Explorer
Mission
GENEROUS HEART COMMUNITY DEVELOPMENT INC. DEVELOPS, FACILITATES, MANAGES AND MAINTAINS AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS. SUCH AFFORDABLE HOUSING SERVICES ARE LIMITED TO THOSE INDIVIDUALS WHO QUALIFY FOR CHARITABLE AFFORDABLE HOUSING ASSISTANCE IN ACCORDANCE WITH REVENUE PROCEDURE 96-32 AND OTHER APPLICABLE HUD, FEDERAL, STATE AND LOCAL LIMITATIONS AND RESTRICTIONS WITH RESPECT TO THE PROVISION OF AFFORDABLE HOUSING TO INDIVIDUALS ON A CHARITABLE BASIS.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 5 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
5 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Thomas Sears | PRESIDENT | 2022-2024 | 1 | $0 reported | 1 |
| Josh Watson | VICE-PRESIDENT & SECRETARY | 2022-2024 | 1 | $0 reported | 1 |
| Lori Alt | TREASURER | 2022-2024 | 1 | $0 reported | 1 |
| Milissa Turner | DIRECTOR | 2022-2024 | 1 | $0 reported | 1 |
| Paul Ezekiel Turner | DIRECTOR | 2022-2024 | 1 | $0 reported | 1 |
People by year
2024 · 5 people listed · none paid · 79 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS SEARS | PRESIDENT | 1 | $0 | $0 | $0 | $0 | 1 |
| JOSH WATSON | VICE-PRESIDENT & SECRETARY | 1 | $0 | $0 | $0 | $0 | 1 |
| LORI ALT | TREASURER | 1 | $0 | $0 | $0 | $0 | 1 |
| MILISSA TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| PAUL EZEKIEL TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2023 · 5 people listed · none paid · 120 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS SEARS | PRESIDENT | 1 | $0 | $0 | $0 | $0 | 1 |
| JOSH WATSON | VICE-PRESIDENT & SECRETARY | 1 | $0 | $0 | $0 | $0 | 1 |
| LORI ALT | TREASURER | 1 | $0 | $0 | $0 | $0 | 1 |
| MILISSA TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| PAUL EZEKIEL TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2022 · 5 people listed · none paid · 23 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS SEARS | PRESIDENT | 1 | $0 | $0 | $0 | $0 | 1 |
| JOSH WATSON | VICE-PRESIDENT & SECRETARY | 1 | $0 | $0 | $0 | $0 | 1 |
| LORI ALT | TREASURER | 1 | $0 | $0 | $0 | $0 | 1 |
| MILISSA TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| PAUL EZEKIEL TURNER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $2,530,704 | $6,107,516 | $20,689,580 | -$3,958,939 | $250,000 | $2,280,704 | $0 | 79 | 5 |
| 2023 · Form 990 | ||||||||
| $934,673 | $2,902,588 | $19,314,081 | -$2,167,862 | $0 | $934,673 | $0 | 120 | 5 |
| 2022 · Form 990 | ||||||||
| $126,491 | $326,267 | $7,801,581 | -$199,947 | $0 | $126,491 | $0 | 23 | 5 |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| PARTNERS IN HOUSING DEVELOPMENT CORPORATION | IN | L20 | $2,041,570 | $1,927,037 | FORMER EXECUTIVE DIRECTOR | $36,800 | Same NTEE code L20, revenue within 2x, same state, similar mission |
| VISION COMMUNITIES INC | IN | L20 | $4,067,417 | $1,788,102 | TREASURER | $0 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | IN | L20 | $2,124,342 | $1,401,389 | EXECUTIVE DIRECTOR | $69,801 | Same NTEE code L20, revenue within 2x, same state |
| AFFORDABLE HOUSING CORPORATION OF MARION INDIANA | IN | L20 | $3,943,877 | $3,282,544 | PRESIDENT | $0 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | IN | L20 | $2,577,217 | $1,205,238 | EXECUTIVE DIRECTOR | $76,621 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | IN | L20 | $2,124,678 | $1,372,193 | EXECUTIVE DI | $82,681 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | IN | L20 | $2,332,582 | $1,880,844 | CEO | $94,395 | Same NTEE code L20, revenue within 2x, same state |
| INTEND INDIANA INC | IN | L20 | $3,557,663 | $4,793,349 | CHIEF EXECUTIVE OFFICER, BOD CHAIR | $214,847 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | IN | L20 | $3,180,721 | $3,322,000 | EXECUTIVE DI | $100,031 | Same NTEE code L20, revenue within 2x, same state |
| SOUTHLAKE TRI-CITY RBA CORP | IN | L20 | $2,189,848 | $2,290,504 | EX-OFFICIO & REGIONAL CEO | $410,049 | Same NTEE code L20, revenue within 2x, same state |
| RJS FOUNDATION INC | IN | L20 | $2,886,947 | $2,826,625 | EXECUTIVE DIRECTOR | $119,458 | Same NTEE code L20, revenue within 2x, same state |
| NPHS COMMUNITY REDEVELOPMENT INC | CA | L20 | $2,644,282 | $2,823,342 | PRESIDENT & CEO | $290,354 | Same NTEE code L20, revenue within 2x, similar name |
| CORNERSTONE COMMUNITY DEVELOPMENT CORP | WV | L20 | $1,772,675 | $1,313,794 | TREASURER | $0 | Same NTEE code L20, revenue within 2x, similar mission |
| COMMUNITY HOUSE HOUSING DEVELOPMENT FUND COMPANY INC | NY | L20 | $1,773,920 | $2,182,101 | Chair/B. Member | $0 | Same NTEE code L20, revenue within 2x, similar name |
| COMMUNITY HOUSING INC | MD | L20 | $4,264,167 | $1,296,867 | PRES. EVP & CBO UNTIL 04/24 | $682,593 | Same NTEE code L20, revenue within 2x, similar mission |
| P V COMMUNITY DEVELOPMENT CORPORATION | TX | L20 | $2,765,670 | $1,913,773 | CHIEF EXECUTIVE DIRECTOR | $15,607 | Same NTEE code L20, revenue within 2x, similar mission |
| GALILEE COMMUNITY DEVELOPMENT | TX | L20 | $3,117,353 | $2,881,736 | Executive Dir. | $80,347 | Same NTEE code L20, revenue within 2x, similar name |
| BILOXI COMMUNITY DEVELOPMENT CORP | MS | L20 | $4,480,835 | $5,666,663 | VICE CHAIRMA | $0 | Same NTEE code L20, revenue within 2x, similar name |
| HOUSING DEVELOPMENT CENTER INC | OR | L20 | $4,185,896 | $3,663,357 | Executive Dir. | $200,013 | Same NTEE code L20, revenue within 2x |
| MCKEES ROCKS COMMUNITY DEVELOPMENT CORP | PA | L20 | $1,981,700 | $929,813 | EXECUTIVE DIRECTOR | $101,726 | Same NTEE code L20, revenue within 2x |
| HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION | HI | L20 | $1,836,260 | $1,329,512 | EXECUTIVE DIRECTOR | $197,055 | Same NTEE code L20, revenue within 2x |
| SYNERGY COMMUNITY DEVELOPMENT CORPORATION | CA | L20 | $2,946,412 | $840,349 | PRESIDENT | $80,000 | Same NTEE code L20, revenue within 2x |
| HOUSING AND COMMUNITY DEVELOPMENT NETWORK OF NEW JERSEY INC | NJ | L20 | $3,287,830 | $2,682,408 | PRESIDENT AND CEO | $186,004 | Same NTEE code L20, revenue within 2x |
| COMMUNITY HAVENS INC | VA | L20 | $2,882,612 | $2,989,510 | President & CEO | $430,946 | Same NTEE code L20, revenue within 2x, similar mission |
| COMMUNITY CONCEPTS DEVELOPMENT CORPORATION | ME | L20 | $1,941,047 | $2,065,848 | CEO - CCI | $220,753 | Same NTEE code L20, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $6,107,516 spent · pay $2,463,400 · grants $0 · events $34,528
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other salaries and wages | $2,264,583 | $2,161,572 | $103,011 | - | 37.1% | |
| Interest | $1,720,418 | - | $1,720,418 | - | 28.2% | |
| Depreciation and depletion | $536,981 | $536,981 | - | - | 8.8% | |
| Insurance | $349,506 | - | $349,506 | - | 5.7% | |
| Occupancy | $222,906 | $222,906 | - | - | 3.6% | |
| Payroll taxes | $188,994 | $180,397 | $8,597 | - | 3.1% | |
| Other (as described) | FOOD EXPENSE | $167,998 | $167,998 | - | - | 2.8% |
| Office expenses | $150,444 | $67,767 | $82,677 | - | 2.5% | |
| Other (as described) | REPAIRS & MAINTENANCE | $115,717 | $115,717 | - | - | 1.9% |
| Fees: other services | $90,787 | - | $90,787 | - | 1.5% | |
| Fees: legal | $73,984 | - | $73,984 | - | 1.2% | |
| Information technology | $59,701 | - | $59,701 | - | 1.0% | |
| Advertising and promotion | $43,288 | $43,288 | - | - | 0.7% | |
| Conferences, conventions and meetings | $34,528 | $34,528 | - | - | 0.6% | |
| Travel | $30,150 | - | $30,150 | - | 0.5% | |
| All other expenses | $27,948 | - | $27,948 | - | 0.5% | |
| Other (as described) | RECRUITING FEES | $14,553 | $14,553 | - | - | 0.2% |
| Other employee benefits | $9,823 | $9,376 | $447 | - | 0.2% | |
| Other (as described) | UNIFORMS | $3,107 | $3,107 | - | - | 0.1% |
| Fees: accounting | $2,100 | - | $2,100 | - | 0.0% | |
| Total | $6,107,516 | 100% |
2023 · Form 990 · $2,902,588 spent · pay $989,803 · grants $500 · events $25,331
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other salaries and wages | $896,142 | $896,142 | - | - | 30.9% | |
| Interest | $805,994 | $805,994 | - | - | 27.8% | |
| Depreciation and depletion | $244,835 | $244,835 | - | - | 8.4% | |
| Fees: management | $168,500 | $168,500 | - | - | 5.8% | |
| Occupancy | $141,982 | $141,982 | - | - | 4.9% | |
| Insurance | $110,158 | $110,158 | - | - | 3.8% | |
| Other (as described) | FOOD EXPENSE | $97,379 | $97,379 | - | - | 3.4% |
| Other (as described) | REPAIRS & MAINTENANCE | $80,647 | $80,647 | - | - | 2.8% |
| Office expenses | $76,712 | $76,385 | $327 | - | 2.6% | |
| Payroll taxes | $72,680 | $72,680 | - | - | 2.5% | |
| Information technology | $65,399 | $65,399 | - | - | 2.3% | |
| Advertising and promotion | $28,560 | $28,560 | - | - | 1.0% | |
| Conferences, conventions and meetings | $25,331 | $25,331 | - | - | 0.9% | |
| Fees: other services | $21,998 | $21,914 | $84 | - | 0.8% | |
| Other employee benefits | $20,981 | $20,981 | - | - | 0.7% | |
| Travel | $16,256 | $16,256 | - | - | 0.6% | |
| Other (as described) | RECRUITING FEES | $12,782 | $12,782 | - | - | 0.4% |
| Fees: accounting | $8,970 | - | $8,970 | - | 0.3% | |
| Fees: legal | $6,242 | - | $6,242 | - | 0.2% | |
| All other expenses | $540 | $540 | - | - | 0.0% | |
| Grants to US organizations and governments | $500 | $500 | - | - | 0.0% | |
| Total | $2,902,588 | 100% |
2022 · Form 990 · $326,267 spent · pay $62,787 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Fees: management | $117,000 | $117,000 | - | - | 35.9% | |
| Interest | $84,975 | $84,975 | - | - | 26.0% | |
| Other salaries and wages | $57,243 | $57,243 | - | - | 17.5% | |
| Depreciation and depletion | $27,778 | $27,778 | - | - | 8.5% | |
| Office expenses | $11,529 | $11,529 | - | - | 3.5% | |
| Insurance | $8,311 | $8,311 | - | - | 2.5% | |
| Payroll taxes | $5,500 | $5,500 | - | - | 1.7% | |
| Advertising and promotion | $3,372 | $3,372 | - | - | 1.0% | |
| Information technology | $3,359 | $3,359 | - | - | 1.0% | |
| Occupancy | $2,760 | $2,760 | - | - | 0.8% | |
| Other (as described) | REPAIRS & MAINTENANCE | $1,369 | $1,369 | - | - | 0.4% |
| Fees: other services | $1,344 | $1,344 | - | - | 0.4% | |
| Other (as described) | BANK FEES | $583 | $146 | $437 | - | 0.2% |
| Other (as described) | RECRUITING FEES | $527 | $527 | - | - | 0.2% |
| Fees: accounting | $350 | - | $350 | - | 0.1% | |
| Travel | $188 | $188 | - | - | 0.1% | |
| Other employee benefits | $44 | $44 | - | - | 0.0% | |
| Fees: legal | $35 | - | $35 | - | 0.0% | |
| Total | $326,267 | 100% |