EIN 34-1674869

New Home Development Company

IRS 501(c) type
501(c)(3)
Num. employees
24
City
Bryan
State
Year formed
1990
Most recent tax filings
2023-06-01
Description
New Home Development Company provides affordable housing options for persons with mental illness who have no or low incomes. With 56 housing units acquired through grants and mortgages, the company offers housing assistance to low income individuals. Rents charged are based on 30-35% of household income.
Total revenues
$1,231,703
2023
Total expenses
$817,399
2023
Total assets
$2,985,899
2023
Num. employees
24
2023

Program areas at New Home Development Company

New Home Development Company, Inc. (nhdc) offers affordable housing options for persons with no to moederate incomes. Nhdc currently owns 56 housing units that have been acquired through grants and mortgages. Rents charged are based on 30-35% of household income. Nhdc also administers a rent subsidy program. Nhdc may assist with emergency assistance when funding is available. Nhdc may rent to persons with $0 income who pay $0 for rent on a temporary basis.

Personnel at New Home Development Company

NameTitleCompensation
Caren BauerExecutive Director$86,540
Ginny SterlingSecretary and Treasurer$0
Tim BowlingBoard Chair$0
John HancockVice Chair$0
Caren Bauer-MalePast Executive Director$74,716
...and 4 more key personnel

Financials for New Home Development Company

RevenuesFYE 06/2023
Total grants, contributions, etc.$393,859
Program services$701,421
Investment income and dividends$994
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$81,603
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$53,826
Total revenues$1,231,703

Form 990s for New Home Development Company

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-24990View PDF
2022-062023-02-20990View PDF
2021-062022-07-18990View PDF
2020-062021-04-14990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s
Data update history
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 13, 2021
Posted financials
Added Form 990 for fiscal year 2020
November 13, 2021
Updated personnel
Identified 7 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
617 N Walnut St Apt 12
Bryan, OH 43506
County
Williams County, OH
Website URL
newhomedevelopment.org/ 
Phone
(419) 519-3075
IRS details
EIN
34-1674869
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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