New Hope Community Development Corporation is located in Woodland, CA. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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 Hope Community Development Corporation 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 06/2021, New Hope Community Development Corporation generated $496.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $363.2k during the year ending 06/2021. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES, SENIORS, AND DISABLED PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Babs Sandeen Outgoing President | OfficerTrustee | 0.2 | $0 |
Gloria Partida President | OfficerTrustee | 0.2 | $0 |
Richard Lansburgh Vice President | OfficerTrustee | 0.2 | $0 |
James D Gillette Treasurer/finance Director | Officer | 2 | $0 |
Sandra Sigrist Interim Executive Director | Officer | 2 | $0 |
Gary Sandy Director | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $51,060 |
All other contributions, gifts, grants, and similar amounts not included above | $224 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $51,284 |
Total Program Service Revenue | $444,815 |
Investment income | $734 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $496,404 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $39,356 |
Pension plan accruals and contributions | $13,368 |
Other employee benefits | $2,044 |
Payroll taxes | $3,329 |
Fees for services: Management | $19,320 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,052 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,254 |
Advertising and promotion | $0 |
Office expenses | $5,357 |
Information technology | $6,444 |
Royalties | $0 |
Occupancy | $47,855 |
Travel | $7 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $215 |
Interest | $45,907 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $64,407 |
Insurance | $14,157 |
All other expenses | $0 |
Total functional expenses | $363,161 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $951,210 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $33,726 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $649,371 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,884 |
Net Land, buildings, and equipment | $1,400,613 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $149 |
Intangible assets | $0 |
Other assets | $87,092 |
Total assets | $3,134,045 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $104,535 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,762,530 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $100,313 |
Total liabilities | $1,967,378 |
Net assets without donor restrictions | $1,166,667 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,134,045 |
Organization Name | Assets | Revenue |
---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |