New Haven Home Inc
- Assets
- $357.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Mineral Wells, TX
- Founding
- 04/1989
- Data as of
- 12/2023
- EIN
- 75-2264580
Organization Overview
New Haven Home Inc is located in Mineral Wells, TX. The organization was established in 1989. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, New Haven Home Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Haven Home 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 12/2023, New Haven Home Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 23.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD, HOUSING & SUPPLIES FOR NEEDY PEOPLE, WITH A SPECIAL EMPHASIS ON ASSISTING ABUSED AND DISABLED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOOD, HOUSING AND SUPPLIES FOR NEEDY PEOPLE, WITH A SPECIAL EMPHASIS ON ASSISTING ABUSED AND DISABLED CHILDREN. DURING 2023, NEW HAVEN ASSISTED APPROXIMATELY 2400 HOUSEHOLDS EACH MONTH BY PROVIDING 300-400 OF FOOD. ADDITIONALLY, 3600 NIGHTS OF SHELTER WERE PROVIDED TO UNHOUSED PERSONS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demetrus Divantee Board Presid | Trustee | 5 | $0 |
Tracy Long Secretary/tr | Trustee | 5 | $0 |
Patsy Myers Member At La | Trustee | 5 | $0 |
J Allen Rhodes Member At La | Trustee | 5 | $0 |
James Jim Rhodes Executive Di | OfficerTrustee | 40 | $0 |
Jim Zacharius Member At La | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $9,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,766 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,618,708 |
| Noncash contributions included in lines 1a–1f | $1,409,773 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,652,474 |
| Total Program Service Revenue | $0 |
| Investment income | $5,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,000 |
| Net Income from Fundraising Events | $11,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,676,689 |
| 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 | $69,550 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,855 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,652 |
| Information technology | $5,221 |
| Royalties | $0 |
| Occupancy | $79,863 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,021 |
| Insurance | $3,755 |
| All other expenses | $7,147 |
| Total functional expenses | $1,665,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,488 |
| Savings and temporary cash investments | $90,262 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,498 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $212,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,229 |
| Accounts payable and accrued expenses | $1,429 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $46,087 |
| Total liabilities | $47,516 |
| Net assets without donor restrictions | $0 |
| 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 | $309,713 |
| Total liabilities and net assets/fund balances | $357,229 |