Civic Intelligence

Nlh 6 Jl Gray Company

990 • Fiscal year 2021 • EIN 06-1830123

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 05, 2021

Organization ProfileWWW.NEWLIFEHOMESNM.COM
1816 East Mojave StFarmington, NM 87401

(505) 293-7553

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

1.34x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

11.46x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Net Margin

24th percentile

-27%

Higher net margin than 24% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$204,134

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 191.0% of source-year revenue.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Asset Growth

34th percentile

-3.0%

Faster asset growth than 34% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

2.4%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$913,426

Down $28,358 (-3.0%) from 2020

Net Assets

Down

-$311,499

Down $29,238 (-10%) from 2020

Liabilities

Up

$1,224,925

Up $880 (+0.1%) from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin24th percentile

Revenue

Up

$106,902

Up $2,516 (+2.4%) from 2020

Expenses

Up

$136,140

Up $12,519 (+10%) from 2020

Net Income

Down

-$29,238

Down $10,003 (-52%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2012: $1,146,411Liabilities 2012: $1,240,538Net Assets 2012: -$94,1272012Assets 2013: $1,117,432Liabilities 2013: $1,242,217Net Assets 2013: -$124,7852013Assets 2014: $1,083,710Liabilities 2014: $1,229,379Net Assets 2014: -$145,6692014Assets 2015: $1,058,559Liabilities 2015: $1,230,218Net Assets 2015: -$171,6592015Assets 2016: $1,027,175Liabilities 2016: $1,222,698Net Assets 2016: -$195,5232016Assets 2017: $1,007,758Liabilities 2017: $1,227,733Net Assets 2017: -$219,9752017Assets 2018: $989,963Liabilities 2018: $1,224,503Net Assets 2018: -$234,5402018Assets 2019: $964,903Liabilities 2019: $1,227,929Net Assets 2019: -$263,0262019Assets 2020: $941,784Liabilities 2020: $1,224,045Net Assets 2020: -$282,2612020Assets 2021: $913,426Liabilities 2021: $1,224,925Net Assets 2021: -$311,4992021Assets 2022: $872,317Liabilities 2022: $1,237,580Net Assets 2022: -$365,2632022Assets 2023: $844,430Liabilities 2023: $1,222,075Net Assets 2023: -$377,6452023Assets 2024: $820,638Liabilities 2024: $1,240,779Net Assets 2024: -$420,1412024

Highlighted filing

2021

Assets$913,426
Liabilities$1,224,925
Net Assets-$311,499
Open 2021 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2012: $62,974Expenses 2012: $103,037Net Income 2012: -$40,0632012Revenue 2013: $66,503Expenses 2013: $97,161Net Income 2013: -$30,6582013Revenue 2014: $65,234Expenses 2014: $94,294Net Income 2014: -$29,0602014Revenue 2015: $82,819Expenses 2015: $108,809Net Income 2015: -$25,9902015Revenue 2016: $83,950Expenses 2016: $107,814Net Income 2016: -$23,8642016Revenue 2017: $89,479Expenses 2017: $113,931Net Income 2017: -$24,4522017Revenue 2018: $100,555Expenses 2018: $115,120Net Income 2018: -$14,5652018Revenue 2019: $98,294Expenses 2019: $126,780Net Income 2019: -$28,4862019Revenue 2020: $104,386Expenses 2020: $123,621Net Income 2020: -$19,2352020Revenue 2021: $106,902Expenses 2021: $136,140Net Income 2021: -$29,2382021Revenue 2022: $105,964Expenses 2022: $159,728Net Income 2022: -$53,7642022Revenue 2023: $115,063Expenses 2023: $127,445Net Income 2023: -$12,3822023Revenue 2024: $116,112Expenses 2024: $178,592Net Income 2024: -$62,4802024

Highlighted filing

2021

Revenue$106,902
Expenses$136,140
Net Income-$29,238
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 5, 2021
Return Version
2020v4.1
Gross Receipts
$106,902
Mission and Program Overview

Mission

Establish, maintain, and operate a program to provide affordable housing for the disabled, indigent and underpriveleged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$883,409$852,947▼ $30,462
Cash and Non-Interest-Bearing Accounts$16,920$10,391▼ $6,529
Accounts Receivable$919$782▼ $137
Total Assets$941,784$913,426▼ $28,358
Other Assets Total$40,536$49,306▲ $8,770
Liabilities
Other Liabilities$1,220,460$1,220,667▲ $207
Accounts Payable and Accrued Expenses$3,529$4,149▲ $620
Deferred Revenue$56$109▲ $53
Total Liabilities$1,224,045$1,224,925▲ $880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-282,261$-311,499▼ $29,238
Total Net Assets Fund Balance$-282,261$-311,499▼ $29,238
Total Liabilities and Net Assets / Fund Balance$941,784$913,426▼ $28,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$852,938$365,544$1,218,482
Other Land Buildings$-1$1,499$1,498
Land$10-$10
Other Assets Org$49,306--
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Paul Van GulickPresident/treasurer
Chase RuffinDirector
Guy GambillDirector
Jake LujanDirector
Parrish CollinsDirector
Sierra FazioDirector
Will ReardonDirector
John BloomfieldExecutive Director
Patricia RaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$106,898
Investment Income
$4
Other Revenue
$0
Change in Net Assets
$-29,238

Audited Revenue Reconciliation

Revenue per Audited Statements
$106,902
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$106,902
Total Revenue per Form 990
$106,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,015
Salaries, Compensation, and Employee Benefits$34,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$52,781--$52,781
Depreciation Depletion$30,462--$30,462
Other Salaries and Wages$24,103--$24,103
Other Employee Benefits$6,790--$6,790
Fees for Services Accounting-$6,364-$6,364
Fees for Services Management-$6,176-$6,176
Office Expenses$4,587--$4,587
Payroll Taxes$3,232--$3,232
Conferences and Meetings-$633-$633
Other Expenses$632--$632
Advertising$380--$380
Total Functional Expenses$122,967$13,173$0$136,140

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$136,140
Total Expenses per Audited Statements$136,140
Total Expenses per Form 990$136,140
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hud Capital Advance$1,218,492
Tenant Security Deposits$2,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The board of directors have delegated management duties to jl gray company. Jl gray company has an extensive history in supervising hud properties.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by the accountant who prepares the annual year end hud audit. After preparation, form 990 is reviewed by the management company's controller. Following the controller's review and approval, tax return copies are distributed to the board of directors and subsequently the original tax return is filed with the irs.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available to the public upon requests made to the managing company, jl gray company.”

Filing and Contact Details

Filer

Filer Name
Nlh 6
EIN
06-1830123
Phone
5052937553
Address
1816 EAST MOJAVE ST, FARMINGTON, NM 87401

Signing Officer

Name
John Bloomfield
Title
Director
Phone
5052937553
Signed
2021-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Bloomfield
Formed
2007
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Palmer & Co Pa
Address
701 OSUNA RD NE STE 100, ALBUQUERQUE, NM 87113
Preparer
Margi Palmer
Phone
5053441040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project applied for and was granted non-profit status by the internal revenue service under internal revenue code, section 501c(3). Therefore, no provision for income taxes has been made. The project has no uncertain tax positions.”

Raw XML AppendixShowing 400 of 538 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03529
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04149
IRS990/AccountsReceivableGrp/BOYAmt0919
IRS990/AccountsReceivableGrp/EOYAmt0782
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT AND UNDERPRIVELEGED.
IRS990/AdvertisingGrp/ProgramServicesAmt0380
IRS990/AdvertisingGrp/TotalAmt0380
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JL GRAY COMPANY
IRS990/BooksInCareOfDetail/PhoneNum05053256515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01816 EAST MOJAVE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087401
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt016920
IRS990/CashNonInterestBearingGrp/EOYAmt010391
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0633
IRS990/ConferencesMeetingsGrp/TotalAmt0633
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04
IRS990/CYOtherExpensesAmt0102015
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0106898
IRS990/CYRevenuesLessExpensesAmt0-29238
IRS990/CYSalariesCompEmpBnftPaidAmt034125
IRS990/CYTotalExpensesAmt0136140
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0106902
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt056
IRS990/DeferredRevenueGrp/EOYAmt0109
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030462
IRS990/DepreciationDepletionGrp/TotalAmt030462
IRS990/Desc0HOUSING PROJECT OCCUPIED BY VERY LOW INCOME AND DISABLED PERSONS AND IN COMPLIANCE WITH REGULATORY AGREEMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0122967
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06364
IRS990/FeesForServicesAccountingGrp/TotalAmt06364
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt06176
IRS990/FeesForServicesManagementGrp/TotalAmt06176
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0PARRISH COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN BLOOMFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm2JAKE LUJAN
IRS990/Form990PartVIISectionAGrp/PersonNm3GUY GAMBILL
IRS990/Form990PartVIISectionAGrp/PersonNm4SIERRA FAZIO
IRS990/Form990PartVIISectionAGrp/PersonNm5WILL REARDON
IRS990/Form990PartVIISectionAGrp/PersonNm6CHASE RUFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA RAY
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL VAN GULICK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1204134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0106902
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0367043
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0883409
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0852947
IRS990/LandBldgEquipCostOrOtherBssAmt01219990
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT AND UNDERPRIVELEGED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-282261
IRS990/NetAssetsOrFundBalancesEOYAmt0-311499
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-282261
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-311499
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt052781
IRS990/OccupancyGrp/TotalAmt052781
IRS990/OfficeExpensesGrp/ProgramServicesAmt04587
IRS990/OfficeExpensesGrp/TotalAmt04587
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040536
IRS990/OtherAssetsTotalGrp/EOYAmt049306
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06790
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06790
IRS990/OtherExpensesGrp/Desc0INSURANCE AND TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt0632
IRS990/OtherExpensesGrp/TotalAmt0632
IRS990/OtherLiabilitiesGrp/BOYAmt01220460
IRS990/OtherLiabilitiesGrp/EOYAmt01220667
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024103
IRS990/OtherSalariesAndWagesGrp/TotalAmt024103
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt03232
IRS990/PayrollTaxesGrp/TotalAmt03232
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN BLOOMFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T RENTAL ASSISTANC
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME TENANTS
IRS990/ProgramServiceRevenueGrp/Desc2MISC. REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064545
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139789
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22564
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt0103922
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0104356
IRS990/PYRevenuesLessExpensesAmt0-19235
IRS990/PYSalariesCompEmpBnftPaidAmt019699
IRS990/PYTotalExpensesAmt0123621
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0104386
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-29238
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0106902
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0106898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0104356
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt098256
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0100535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt089468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0499513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0103
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59040
IRS990ScheduleA/PublicSupportPY509Pct00.60990
IRS990ScheduleA/PublicSupportTotal509Amt0294963
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt045473
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt046980
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt037365
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt044100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt030632
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0204550
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt045473
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt046980
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt037365
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt044100
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt030632
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0204550
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0106898
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0104356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0100535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt089468
IRS990ScheduleA/Total509Grp/TotalAmt0499513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0106902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0104386
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0100555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt089479
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0499616
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0852938
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0365544
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01218482
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0136140
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt049306
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED ACCOUNTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01499
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11218492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HUD CAPITAL ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0106902
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT APPLIED FOR AND WAS GRANTED NON-PROFIT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE, SECTION 501C(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE PROJECT HAS NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0852947
IRS990ScheduleD/TotalBookValueOtherAssetsAmt049306
IRS990ScheduleD/TotalExpensesPerForm990Amt0136140
IRS990ScheduleD/TotalLiabilityAmt01220667
IRS990ScheduleD/TotalRevenuePerForm990Amt0106902
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0106902
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0136140
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt017391
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0186743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN BLOOMFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0204134
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAVE DELEGATED MANAGEMENT DUTIES TO JL GRAY COMPANY. JL GRAY COMPANY HAS AN EXTENSIVE HISTORY IN SUPERVISING HUD PROPERTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY THE ACCOUNTANT WHO PREPARES THE ANNUAL YEAR END HUD AUDIT. AFTER PREPARATION, FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY'S CONTROLLER. FOLLOWING THE CONTROLLER'S REVIEW AND APPROVAL, TAX RETURN COPIES ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND SUBSEQUENTLY THE ORIGINAL TAX RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUESTS MADE TO THE MANAGING COMPANY, JL GRAY COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROADWAY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NEW LIFE HOMES INC (INCLUDES NLH4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NLH 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3NLH 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4NLH 5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5THE FOUNDATION FOR NEW LIFE HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311569129
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1850406074
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2850478290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3562316141
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4810661288
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5911569129
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$913,426
Liabilities
$1,224,925
Net assets
-$311,499
Revenue
$106,902
Expenses
$136,140
Net income
-$29,238
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$1.24$0.42$0.12$0.18$0.06
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$1.22$0.38$0.12$0.13$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$1.24$0.37$0.11$0.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.91$1.22$0.31$0.11$0.14$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$1.22$0.28$0.10$0.12$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$1.23$0.26$0.10$0.13$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.99$1.22$0.23$0.10$0.12$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.23$0.22$0.09$0.11$0.02
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.03$1.22$0.20$0.08$0.11$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.06$1.23$0.17$0.08$0.11$0.03
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.08$1.23$0.15$0.07$0.09$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$1.24$0.12$0.07$0.10$0.03
2012Summary only. Only limited summary data is available for this year.$1.15$1.24$0.09$0.06$0.10$0.04