NEIGHBORHOOD CAPITAL FUNDING INC
618 S CREYTS RD SUITE C, LANSING, MI 48917 www.affiliatemtg.org

Total Revenue
$1,639,290
Total Expenses
$1,473,455
Net Assets
$667,871

Organizations Filed Purposes: TO MAKE/SERVICE BELOW-MARKET-RATE MORTGAGE LOANS TO PRIMARILY LOW INCOME PERSONS WHO PURCHASE HOMES BUILT BY HABITAT FOR HUMANITY.

TO PROVIDE MORE AFFORDABLE LOAN ORIGINATION AND/OR LOAN SERVICING TO HABITAT FOR HUMANITY AFFILIATES IN MICHIGAN AND 11 OTHER STATES

NEIGHBORHOOD CAPITAL FUNDING, AKA AFFILIATE MORTGAGE SERVICES, ORIGINATED, PROCESSED AND CLOSED MORTGAGES FOR HOMEBUYERS OF HABITAT AFFILIATE HOMES. THESE LOANS WERE THEN ASSIGNED TO THE AFFILIATE TO PRODUCE REVENUE IN THE FORM OF PRINCIPAL ONLY INCOME FOR THAT AFFILIATE. THE AFFILIATE MAY ALSO SELL THESE TO INVESTORS IN THE SECONDARY MARKET ALLOWING THE AFFILIATE ACCESS TO CAPITAL TO PRODUCE MORE HOMES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Daniel LynchCEO40$120,439
Catherine OverwayCOO40$101,953
Sandra PearsonDIRECTOR1$0
Daniel Page-WoodDIRECTOR1$0
Don WilkinsonDIRECTOR1$0
Jennifer ChappelDIRECTOR1$0
Joe JosephDIRECTOR1$0
Gerald LadueDIRECTOR1$0
Jeff HansonTREASURER1$0
Katy FortySECRETARY1$0
Adam FishkindVICE CHAIR1$0
Eric HannaCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120799349300002_public.xml