Nu-Works Inc
- Assets
- $179.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, KY
- Founding
- 05/2011
- Data as of
- 12/2020
- EIN
- 27-5041149
Organization Overview
Nu-Works Inc is located in Henderson, KY. The organization was established in 2011. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nu-Works Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Nu-Works Inc generated $16.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $15.1k during the year ending 12/2020. While expenses have increased by 29.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
BUILDING PURCHASED TO HELP FACILITATE BUSINESS AND BIBLICAL CONNECTION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,600 |
| Total Program Service Revenue | $6,190 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,790 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,524 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,611 |
| Total expenses | $15,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12 |
| Other assets | $0 |
| Total assets | $179,248 |
| Total liabilities | $182,358 |
| Net assets or fund balances | -$3,110 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nu-Works Inc has recieved totaling $38,901.
| Awarding Organization | Amount |
|---|---|
Welborn Baptist Foundation Inc Evansville, IN PURPOSE: CHRIST CENTERED LIVING | $29,526 |
Welborn Baptist Foundation Inc Evansville, IN PURPOSE: CHRIST CENTERED LIVING | $9,375 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Chicago Metropolitan Housing Development Corporation Chicago, IL | $46,092,100 | $7,394,940 |
Habitat For Humanity International Inc Charlottesville, VA | $30,158,834 | $8,198,441 |
West Chicago Preservation Corp Chicago, IL | $9,151,204 | $2,715,959 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |
Bridges Community Action Partnership Marysville, OH | $6,792,515 | $6,372,376 |
Ahepa Affordable Housing Management Company Inc Fishers, IN | $29,875,447 | $8,886,631 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Central Ohio Community Land Trust Columbus, OH | $2,592,192 | $4,520,471 |
Bridge Communities Inc Glen Ellyn, IL | $16,127,143 | $5,545,489 |
Appalachian Foothills Housing Agency Incorporated Wurtland, KY | $1,707,535 | $4,881,556 |
Habitat For Humanity International Inc Franklin, TN | $15,154,488 | $5,571,320 |