Civic Intelligence

New Haven Community Development Crp New Haven Chamber of Commerce

990EZ • Fiscal year 2021 • EIN 35-1574223

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

428 Broadway Street Suite 101New Haven, IN 46774

(260) 749-4484

Siviq Scores

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

Liabilities / Assets

69th percentile

0.09x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.02x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

33rd percentile

-1.8%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

96th percentile

$56,077

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 45.2% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$33,230

Up $10,152 (+44%) from 2013

Net Assets

Up

$30,377

Up $9,623 (+46%) from 2013

Liabilities

Up

$2,853

Up $529 (+23%) from 2013

Revenue

Down

$123,931

Down $10,891 (-8.1%) from 2013

Expenses

Down

$126,106

Down $18,747 (-13%) from 2013

Net Income

Up

-$2,175

Up $7,856 (+78%) from 2013

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $23,078Liabilities 2013: $2,324Net Assets 2013: $20,7542013Assets 2021: $33,230Liabilities 2021: $2,853Net Assets 2021: $30,3772021Assets 2021: $63,002Liabilities 2021: $2,853Net Assets 2021: $60,1492021Assets 2022: $56,386Liabilities 2022: $3,299Net Assets 2022: $53,0872022Assets 2023: $63,666Liabilities 2023: $25,250Net Assets 2023: $38,4162023Assets 2024: $20,548Net Assets 2024: $20,5482024

Highlighted filing

2021

Assets$33,230
Liabilities$2,853
Net Assets$30,377

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $134,822Expenses 2013: $144,853Net Income 2013: -$10,0312013Revenue 2021: $123,931Expenses 2021: $126,106Net Income 2021: -$2,1752021Revenue 2021: $123,931Expenses 2021: $103,817Net Income 2021: $20,1142021Revenue 2022: $121,217Expenses 2022: $128,279Net Income 2022: -$7,0622022Revenue 2023: $138,974Expenses 2023: $153,645Net Income 2023: -$14,6712023Revenue 2024: $141,078Expenses 2024: $158,946Net Income 2024: -$17,8682024

Highlighted filing

2021

Revenue$123,931
Expenses$126,106
Net Income-$2,175
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.0
Gross Receipts
$141,919
Mission and Program Overview

Mission

The general purpose of the corporation is to promote and assist the growth and development of business concerns in the eastern half of allen county by enabling the expansion of existing business in the service area and attracting new business to the service area by providing a financing vehicle to assist such businesses in financing their expansion or relocation plan, through title v of the small business investment act of 1958, as amended, and by any other financing methods available.

Program Services

DescriptionGrantsExpenses
PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.--
PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRY MCDONALDPresidentFT$56,077-$56,077
DR TROY HOCKEMEYER ODChairperson-$0--
STEPHEN HARANTSVice Chairpe-$0--
LISA COOPERTreasurer-$0--
TIM WEIGANDBoard Member-$0--
JEFF GEBERTBoard Member-$0--
DIANE FRITCHABoard Member-$0--
JASON VOELCKBoard Member-$0--
PAUL MILLSBoard Member-$0--
ROB CALLAHANBoard Member-$0--
SHANNON GAGEBoard Member-$0--
BYRON PICKENSBoard Member-$0--
LEANN WHITEBoard Member-$0--
ROB YOUNGBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$68,442$68,442$17,988$50,454
Total Events$68,442$68,442$17,988$50,454
Filing and Contact Details

Filer

Filer Name
New Haven Community Development Co
EIN
35-1574223
Address
428 BROADWAY STREET SUITE 101, NEW HAVEN, IN 46774

Signing Officer

Name
Terry Mcdonald
Title
President
Signed
2022-05-09

Preparer

Firm
Perkins Schaffer Cpas Inc
Address
1208 LINCOLN HIGHWAY E, NEW HAVEN, IN 46774
Preparer
Adam W Schaffer CPA
Phone
2604933929
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Rent income 10,320 total 10,320

Form 990-ez, Part I, Line 16

Expenses advertising 5,603 automobile 1,001 bank and merchant fees 1,055 building maintenance 2,055 committee meetings 1,769 contributions 300 dues and subscriptions 2,857 insurance 2,693 member services 936 office expenses 9,978 utilities 5,047 non-investment depreciation 90 total 33,384

Form 990-ez, Part II, Line 24

Furniture and equipment 6,964 6,964 less accumulated depreciation 3,704 3,794 deposit - nipsco 395 395 total 3,655 3,565

Form 990-ez, Part II, Line 26

Payroll liabilities 1,868 2,853

Form 990-ez, Part III

The general purpose of the corporation is to promote and assist the growth and development of business concerns in the eastern half of allen county by enabling the expansion of existing business in the service area and attracting new business to the service area by providing a financing vehicle to assist such businesses in financing their expansion or relocation plan, through title v of the small business investment act of 1958, as amended, and by any other financing methods available.

Form 990-ez, Part III, Line 31

Promote and assist growth and development of business concerns in east allen county, indiana.

Raw XML Appendix163 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TERRY MCDONALD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TIM WEIGAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF GEBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DIANE FRITCHA
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE GENERAL PURPOSE OF THE CORPORATION IS TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN THE EASTERN HALF OF ALLEN COUNTY BY ENABLING THE EXPANSION OF EXISTING BUSINESS IN THE SERVICE AREA AND ATTRACTING NEW BUSINESS TO THE SERVICE AREA BY PROVIDING A FINANCING VEHICLE TO ASSIST SUCH BUSINESSES IN FINANCING THEIR EXPANSION OR RELOCATION PLAN, THROUGH TITLE V OF THE SMALL BUSINESS INVESTMENT ACT OF 1958, AS AMENDED, AND BY ANY OTHER FINANCING METHODS AVAILABLE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068442
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENT INCOME 10,320 TOTAL 10,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 5,603 AUTOMOBILE 1,001 BANK AND MERCHANT FEES 1,055 BUILDING MAINTENANCE 2,055 COMMITTEE MEETINGS 1,769 CONTRIBUTIONS 300 DUES AND SUBSCRIPTIONS 2,857 INSURANCE 2,693 MEMBER SERVICES 936 OFFICE EXPENSES 9,978 UTILITIES 5,047 NON-INVESTMENT DEPRECIATION 90 TOTAL 33,384
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE AND EQUIPMENT 6,964 6,964 LESS ACCUMULATED DEPRECIATION 3,704 3,794 DEPOSIT - NIPSCO 395 395 TOTAL 3,655 3,565
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 1,868 2,853
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GENERAL PURPOSE OF THE CORPORATION IS TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN THE EASTERN HALF OF ALLEN COUNTY BY ENABLING THE EXPANSION OF EXISTING BUSINESS IN THE SERVICE AREA AND ATTRACTING NEW BUSINESS TO THE SERVICE AREA BY PROVIDING A FINANCING VEHICLE TO ASSIST SUCH BUSINESSES IN FINANCING THEIR EXPANSION OR RELOCATION PLAN, THROUGH TITLE V OF THE SMALL BUSINESS INVESTMENT ACT OF 1958, AS AMENDED, AND BY ANY OTHER FINANCING METHODS AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY MCDONALD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW HAVEN COMMUNITY DEVELOPMENT CO
ReturnHeader/Filer/BusinessNameControlTxt0NEWH
ReturnHeader/Filer/EIN0351574223
ReturnHeader/Filer/USAddress/AddressLine1Txt0428 BROADWAY STREET SUITE 101
ReturnHeader/Filer/USAddress/CityNm0NEW HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046774
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202400673
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PERKINS SCHAFFER CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01208 LINCOLN HIGHWAY E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW HAVEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046774
ReturnHeader/PreparerPersonGrp/PhoneNum02604933929
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM W SCHAFFER CPA
ReturnHeader/ReturnTs02022-10-05T13:57:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCDONALD
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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