AS A 501(C)(3) TAX-EXEMPT ORGANIZATION, NORTOWN SERVES AS A PLACE-BASED COLLABORATIVE TO DEVELOP AND FOSTER SAFE AND AFFORDABLE HOUSING, HISTORIC PRESERVATION, BUSINESS RETENTION AND EXPANSION, EDUCATIONAL, RECREATIONAL, CULTURAL, AND JOB OPPORTUNITIES IN NORTHEAST DETROIT.THESE IDEALS RAISE AND STABILIZE THE ECONOMIC, ENVIRONMENTAL, EDUCATIONAL, AND SOCIAL LEVELS OF ITS NEIGHBORHOOD CONSTITUENTS, ESPECIALLY MINORITY AND LOW TO MODERATE INCOME PERSONS.
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024 | $-164,134 ↓ | $33,917 | $943,849 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $39,566 ↑ | $32,391 | $106,555 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $13,035 ↓ | $30,710 | $99,380 |
| 2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021 | $17,122 ↓ | $29,969 | $117,055 |
| 2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020 | $30,779 | $32,194 | $129,902 |
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