Financials

The revenue for Notre Dame Housing (NDH) comes from a variety of sources, such as grants from foundations, individual donations, and for the fiscal year of 2021-2022 a Paycheck Protection Program Loan from the U.S. Department of Treasury. The Notre Dame Sisters made a significant donation ($500,000) to NDH for capital improvements for the property. This donation allowed a high interest loan to be paid off early avoiding incurred interest.

Our efforts to combat isolation, provide safe, affordable housing, address food insecurity, and provide educational programming for our residents and those in the community, are truly making a difference in the lives of those we serve, and our expenses reflect that. Programing continues to remain our main expense. We are proud that we can keep our administrative costs low through our partnerships with DP Management, LLC, and Kimball Management Inc.

INCOME 21-22

$780,641

EXPENSES 21-22

$692,692