New Vistas Inc
- Assets
- $257.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ivanhoe, MN
- Founding
- 01/1975
- Data as of
- 12/2022
- EIN
- 41-1270810
Organization Overview
New Vistas Inc is located in Ivanhoe, MN. The organization was established in 1975. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. New Vistas Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, New Vistas Inc generated $85.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $115.8k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Johnson President | 0 | $0 | |
Garth Jensen Vice President | 0 | $0 | |
Sue Furan Secretary/treas | 0 | $0 | |
Cindy Koenig Director | 0 | $0 | |
Betty Driemeyer Director | 0 | $0 | |
Clair Drake Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,283 |
| Membership dues | $0 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $173 |
| Total Revenue | $85,515 |
| 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 | $17,764 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,994 |
| Total expenses | $115,758 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,361 |
| Other assets | $0 |
| Total assets | $257,159 |
| Total liabilities | $40,273 |
| Net assets or fund balances | $216,886 |