Civic Intelligence

Nueva Esperanza Housing and Economic Development

EIN 23-2952060 • 501(c)3 • Philadelphia, PA

Pub. 78 Eligible

Profile

Nueva esperanza housing and economic development corporation ("nehed") is a non-profit corporation serving the hispanic community of north philadelphia. Nehed builds, repairs, rehabilitates, and otherwise improves residential units and commercial facilities to make quality housing available to lower income persons through rental/ homeownership programs and community economic development.

4261 North 5th StreetPhiladelphia, PA 19140

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.68x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

3.08x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$274,293

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

45th percentile

2.6%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$5,070,168

Up $128,916 (+2.6%) from 2023

Liabilities

Up

$3,428,882

Up $285,119 (+9.1%) from 2023

Net Assets

Down

$1,641,286

Down $156,203 (-8.7%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin16th percentile

Revenue

Down

$1,114,819

Down $160,303 (-13%) from 2023

Expenses

Up

$1,271,022

Up $216,554 (+21%) from 2023

Net Income

Down

-$156,203

Down $376,857 (-171%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $1,025,970Liabilities 2011: $893,491Net Assets 2011: $132,4792011Assets 2012: $792,467Liabilities 2012: $828,924Net Assets 2012: -$36,4572012Assets 2013: $920,748Liabilities 2013: $937,489Net Assets 2013: -$16,7412013Assets 2014: $2,552,001Liabilities 2014: $2,176,801Net Assets 2014: $375,2002014Assets 2015: $2,899,084Liabilities 2015: $2,380,460Net Assets 2015: $518,6242015Assets 2016: $2,290,030Liabilities 2016: $1,696,790Net Assets 2016: $593,2402016Assets 2017: $2,232,030Liabilities 2017: $1,663,471Net Assets 2017: $568,5592017Assets 2018: $2,102,047Liabilities 2018: $1,647,967Net Assets 2018: $454,0802018Assets 2019: $2,193,854Liabilities 2019: $1,746,031Net Assets 2019: $447,8232019Assets 2020: $2,322,529Liabilities 2020: $1,665,190Net Assets 2020: $657,3392020Assets 2021: $2,713,234Liabilities 2021: $687,838Net Assets 2021: $2,025,3962021Assets 2022: $3,759,474Liabilities 2022: $1,392,353Net Assets 2022: $2,367,1212022Assets 2023: $4,941,252Liabilities 2023: $3,143,763Net Assets 2023: $1,797,4892023Assets 2024: $5,070,168Liabilities 2024: $3,428,882Net Assets 2024: $1,641,2862024

Highlighted filing

2024

Assets$5,070,168
Liabilities$3,428,882
Net Assets$1,641,286
Open 2024 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $251,2442011Revenue 2012: $227,936Expenses 2012: $396,872Net Income 2012: -$168,9362012Expenses 2013: $358,9222013Revenue 2014: $895,568Expenses 2014: $503,627Net Income 2014: $391,9412014Revenue 2015: $784,865Expenses 2015: $641,441Net Income 2015: $143,4242015Revenue 2016: $925,273Expenses 2016: $850,657Net Income 2016: $74,6162016Revenue 2017: $680,325Expenses 2017: $702,539Net Income 2017: -$22,2142017Revenue 2018: $642,688Expenses 2018: $757,167Net Income 2018: -$114,4792018Revenue 2019: $840,905Expenses 2019: $847,162Net Income 2019: -$6,2572019Revenue 2020: $873,969Expenses 2020: $664,453Net Income 2020: $209,5162020Revenue 2021: $2,196,050Expenses 2021: $827,993Net Income 2021: $1,368,0572021Revenue 2022: $1,212,448Expenses 2022: $870,723Net Income 2022: $341,7252022Revenue 2023: $1,275,122Expenses 2023: $1,054,468Net Income 2023: $220,6542023Revenue 2024: $1,114,819Expenses 2024: $1,271,022Net Income 2024: -$156,2032024

Highlighted filing

2024

Revenue$1,114,819
Expenses$1,271,022
Net Income-$156,203
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,070,168
Liabilities
$3,428,882
Net assets
$1,641,286
Revenue
$1,114,819
Expenses
$1,271,022
Net income
-$156,203
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.07$3.43$1.64$1.11$1.27$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.94$3.14$1.80$1.28$1.05$0.22
2022Detailed filing. Detailed filing data is available for this year.$3.76$1.39$2.37$1.21$0.87$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.71$0.69$2.03$2.20$0.83$1.37
2020Detailed filing. Detailed filing data is available for this year.$2.32$1.67$0.66$0.87$0.66$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.19$1.75$0.45$0.84$0.85$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.10$1.65$0.45$0.64$0.76$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.23$1.66$0.57$0.68$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.29$1.70$0.59$0.93$0.85$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.90$2.38$0.52$0.78$0.64$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.55$2.18$0.38$0.90$0.50$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.94$0.02$0.36
2012Summary only. Only limited summary data is available for this year.$0.79$0.83$0.04$0.23$0.40$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.89$0.13$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,114,819
Mission and Program Overview

Mission

Nueva esperanza housing and economic development corporation ("nehed") is a non-profit corporation serving the hispanic community of north philadelphia. Nehed builds, repairs, rehabilitates, and otherwise improves residential units and commercial facilities to make quality housing available to lower income persons through rental/ homeownership programs and community economic development.

Builds, rehabilitates and improves facilities to make quality housing available to lower income persons through rental/homeownership programs and community economic dev.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,288,830$2,012,408▼ $276,422
Land, Buildings, and Equipment, Net$708,967$718,841▲ $9,874
Pledges and Grants Receivable$237,297$141,364▼ $95,933
Accounts Receivable$147,519$25,770▼ $121,749
Prepaid Expenses and Deferred Charges$7,709$2,679▼ $5,030
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,941,252$5,070,168▲ $128,916
Other Assets Total$1,550,930$2,169,106▲ $618,176
Liabilities
Other Liabilities$2,345,014$2,598,667▲ $253,653
Deferred Revenue$793,459$815,395▲ $21,936
Accounts Payable and Accrued Expenses$5,290$14,820▲ $9,530
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,143,763$3,428,882▲ $285,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,259,905$1,215,702▼ $44,203
Net Assets With Donor Restrictions$537,584$425,584▼ $112,000
Total Net Assets Fund Balance$1,797,489$1,641,286▼ $156,203
Total Liabilities and Net Assets / Fund Balance$4,941,252$5,070,168▲ $128,916

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$661,845$405,039$1,066,884
Land$56,996-$56,996
Other Assets Org$4,628--
Compensation and Service Providers
Top Officer Pay85th percentile

Board Members and Trustees

NameTitle
Carlos RamosBoard Member
Catalina HunterBoard Member
Enrique MaganaBoard Member
Pastor MATT LINBoard Member
Victor D FigueroaBoard Member
Walter ToliverBoard Member
Rev Danny CortesBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,024,786
Program Service Revenue
$87,907
Investment Income
$0
Other Revenue
$2,126
All Other Contributions
$492,341
Change in Net Assets
$-156,203

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,114,819
Total Revenue per Audited Statements
$1,114,819
Total Revenue per Form 990
$1,114,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$864,005
Other Expenses$407,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$708,448--$708,448
Other Expenses$126,426--$126,426
Other Employee Benefits$86,633--$86,633
Occupancy$76,195--$76,195
Payroll Taxes$56,349--$56,349
Office Expenses$49,125--$49,125
Insurance$46,424--$46,424
Fees for Services Management-$45,536-$45,536
Depreciation Depletion$29,081--$29,081
Travel$15,352--$15,352
Pension Plan Contributions$12,575--$12,575
Conferences and Meetings$7,860--$7,860
Advertising$5,600--$5,600
Fees for Services Other$4,742--$4,742
Fees for Services Accounting$676--$676
Total Functional Expenses$1,225,486$45,536$0$1,271,022

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,271,022
Total Expenses per Audited Statements$1,271,022
Total Expenses per Form 990$1,271,022
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$2,590,492
Escrow Deposits$8,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Question 2

“The board chairperson of the organization (luis cortes) has a family relationship with the board treasurer (danny cortes).”

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

“The board of directors reviews the form 990. It is distributed to the board at least 10 days prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All board members and officers are reviewed and monitored on an annual basis - due to the limited number of board members and officers these activities can currently be monitored and evaluated on specific case by case basis.”

Form 990, Part VI, Section C, Line 19

“All required public notices are made in local newspapers and all public records are on site and available for review.”

Filing and Contact Details

Filer

Filer Name
Nueva Esperanza Housing and Economic
EIN
23-2952060
In Care Of
% ARTEMIO RODRIGUEZ
Phone
2153240746
Address
4261 North 5th Street, Philadelphia, PA 19140

Signing Officer

Name
Artemio Rodriguez
Title
Controller
Phone
2153240746
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Artemio Rodriguez
Formed
1998
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Eric M Strauss
Phone
2155462140
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“NEHED is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the financial statements do not reflect a provision for federal income taxes. NEHED adopted the pronouncement related to income taxes effective July 1, 2009 and there were no uncertain tax positions at the date of adoption or at June 30, 2024. In addition, NEHED had no income tax related penalties or interest for the years reported in these financial statements.”

Raw XML AppendixShowing 400 of 661 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05290
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014820
IRS990/AccountsReceivableGrp/BOYAmt0147519
IRS990/AccountsReceivableGrp/EOYAmt025770
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0BUILDS, REHABILITATES AND IMPROVES FACILITIES TO MAKE QUALITY HOUSING AVAILABLE TO LOWER INCOME PERSONS THROUGH RENTAL/HOMEOWNERSHIP PROGRAMS AND COMMUNITY ECONOMIC DEV.
IRS990/AdvertisingGrp/ProgramServicesAmt05600
IRS990/AdvertisingGrp/TotalAmt05600
IRS990/AllOtherContributionsAmt0492341
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ARTEMIO RODRIGUEZ
IRS990/BooksInCareOfDetail/PhoneNum02153240746
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04261 NORTH 5TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019140
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02288830
IRS990/CashNonInterestBearingGrp/EOYAmt02012408
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07860
IRS990/ConferencesMeetingsGrp/TotalAmt07860
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01024786
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0407017
IRS990/CYOtherRevenueAmt02126
IRS990/CYProgramServiceRevenueAmt087907
IRS990/CYRevenuesLessExpensesAmt0-156203
IRS990/CYSalariesCompEmpBnftPaidAmt0864005
IRS990/CYTotalExpensesAmt01271022
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01114819
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0793459
IRS990/DeferredRevenueGrp/EOYAmt0815395
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt029081
IRS990/DepreciationDepletionGrp/TotalAmt029081
IRS990/Desc0NUEVA ESPERANZA HOUSING AND ECONOMIC DEVELOPMENT CORPORATION ("NEHED") IS A NON-PROFIT CORPORATION SERVING THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA. THE PRIMARY PURPOSE OF THE ORGANIZATION IS THE IMPROVEMENT OF THE PHYSICAL, ECONOMIC, AND SOCIAL ENVIRONMENT OF THE TARGET AREA BOUNDED BY ROOSEVELT BOULEVARD, 9TH STREET, ERIE AVENUE, AND FRONT STREET IN PHILADELPHIA, PA BY ADDRESSING THE NEEDS OF LOW-INCOME PERSONS, INCLUDING HOUSING FOR LOWER INCOME PERSONS AND ACTIVITIES ON A NOT-FOR-PROFIT AND CHARITABLE BASIS. NEHED'S MISSION IS TO TRANSFORM HUNTING PARK INTO A DESTINATION AND A MODEL NEIGHBORHOOD BY EMPOWERING ITS PEOPLE AND FOSTERING COMMUNITY ENGAGEMENT, ECONOMIC AND PHYSICAL DEVELOPMENT, AND EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0537584
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0425584
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt01225486
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0676
IRS990/FeesForServicesAccountingGrp/TotalAmt0676
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt045536
IRS990/FeesForServicesManagementGrp/TotalAmt045536
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04742
IRS990/FeesForServicesOtherGrp/TotalAmt04742
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt038.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt138.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.0
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/OtherCompensationAmt017516
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt122030
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0REV DANNY CORTES
IRS990/Form990PartVIISectionAGrp/PersonNm1WALTER TOLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm2CATALINA HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm3Pastor MATT LIN
IRS990/Form990PartVIISectionAGrp/PersonNm4VICTOR D FIGUEROA
IRS990/Form990PartVIISectionAGrp/PersonNm5ENRIQUE MAGANA
IRS990/Form990PartVIISectionAGrp/PersonNm6CARLOS RAMOS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0256777
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1194625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0532445
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01114819
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt046424
IRS990/InsuranceGrp/TotalAmt046424
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0405039
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0708967
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0718841
IRS990/LandBldgEquipCostOrOtherBssAmt01123880
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NUEVA ESPERANZA HOUSING AND ECONOMIC DEVELOPMENT CORPORATION ("NEHED") IS A NON-PROFIT CORPORATION SERVING THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA. THE PRIMARY PURPOSE OF THE ORGANIZATION IS THE IMPROVEMENT OF THE PHYSICAL, ECONOMIC, AND SOCIAL ENVIRONMENT OF THE TARGET AREA BOUNDED BY ROOSEVELT BOULEVARD, 9TH STREET, ERIE AVENUE, AND FRONT STREET IN PHILADELPHIA, PA BY ADDRESSING THE NEEDS OF LOW-INCOME PERSONS, INCLUDING HOUSING FOR LOWER INCOME PERSONS AND ACTIVITIES ON A NOT-FOR-PROFIT AND CHARITABLE BASIS. NEHED'S MISSION IS TO TRANSFORM HUNTING PARK INTO A DESTINATION AND A MODEL NEIGHBORHOOD BY EMPOWERING ITS PEOPLE AND FOSTERING COMMUNITY ENGAGEMENT, ECONOMIC AND PHYSICAL DEVELOPMENT, AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01797489
IRS990/NetAssetsOrFundBalancesEOYAmt01641286
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01259905
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01215702
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt076195
IRS990/OccupancyGrp/TotalAmt076195
IRS990/OfficeExpensesGrp/ProgramServicesAmt049125
IRS990/OfficeExpensesGrp/TotalAmt049125
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01550930
IRS990/OtherAssetsTotalGrp/EOYAmt02169106
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086633
IRS990/OtherEmployeeBenefitsGrp/TotalAmt086633
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0126426
IRS990/OtherExpensesGrp/TotalAmt0126426
IRS990/OtherLiabilitiesGrp/BOYAmt02345014
IRS990/OtherLiabilitiesGrp/EOYAmt02598667
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02126
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02126
IRS990/OtherRevenueTotalAmt02126
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0708448
IRS990/OtherSalariesAndWagesGrp/TotalAmt0708448
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt056349
IRS990/PayrollTaxesGrp/TotalAmt056349
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012575
IRS990/PensionPlanContributionsGrp/TotalAmt012575
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0237297
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0141364
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07709
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02679
IRS990/PrincipalOfficerNm0ARTEMIO RODRIGUEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt087907
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt087907
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01193164
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0288843
IRS990/PYOtherRevenueAmt040
IRS990/PYProgramServiceRevenueAmt081918
IRS990/PYRevenuesLessExpensesAmt0220654
IRS990/PYSalariesCompEmpBnftPaidAmt0765625
IRS990/PYTotalExpensesAmt01054468
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01275122
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-156203
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt087907
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01024786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01193164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01142478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01259000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0621137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05240565
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0684907
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01542
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017195
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020993
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99601
IRS990ScheduleA/PublicSupportPY170Pct00.99440
IRS990ScheduleA/PublicSupportTotal170Amt05240565
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01024786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01193164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01142478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01259000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0621137
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05240565
IRS990ScheduleA/TotalSupportAmt05261558
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0661845
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0405039
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01066884
IRS990ScheduleD/ExpensesSubtotalAmt01271022
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt056996
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt056996
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02164478
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14628
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROPERTY HELD FOR SALE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02590492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01114819
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NEHED is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the financial statements do not reflect a provision for federal income taxes. NEHED adopted the pronouncement related to income taxes effective July 1, 2009 and there were no uncertain tax positions at the date of adoption or at June 30, 2024. In addition, NEHED had no income tax related penalties or interest for the years reported in these financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0718841
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02169106
IRS990ScheduleD/TotalExpensesPerForm990Amt01271022
IRS990ScheduleD/TotalLiabilityAmt02598667
IRS990ScheduleD/TotalRevenuePerForm990Amt01114819
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01114819
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01271022
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0256777
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1194625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.