Civic Intelligence

New Haven Community Development Crp New Haven Chamber of Commerce

990EZ • Fiscal year 2023 • EIN 35-1574223

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 27, 2024

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

89th percentile

0.40x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.18x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-11%

Higher net margin than 28% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$70,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 50.4% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

15%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$63,666

Up $7,280 (+13%) from 2022

Net Assets

Down

$38,416

Down $14,671 (-28%) from 2022

Liabilities

Up

$25,250

Up $21,951 (+665%) from 2022

Revenue

Up

$138,974

Up $17,757 (+15%) from 2022

Expenses

Up

$153,645

Up $25,366 (+20%) from 2022

Net Income

Down

-$14,671

Down $7,609 (-108%) from 2022

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: $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

2023

Assets$63,666
Liabilities$25,250
Net Assets$38,416

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: $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

2023

Revenue$138,974
Expenses$153,645
Net Income-$14,671
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 27, 2024
Return Version
2023v5.0
Gross Receipts
$189,383
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
TAMERA TAYLORPresidentFT$70,000-$70,000
DR TROY HOCKEMEYER ODChairperson-$0--
ERIC KORTEVice Chairpe-$0--
JON CHAMPIONTreasurer-$0--
LAURA STROMMSecretary-$0--
TIM WEIGANDBoard Member-$0--
SHANNON GAGEBoard Member-$0--
LOGAN GLAZEBoard Member-$0--
LEANN WHITEBoard Member-$0--
CHAD VOGLEWEDEBoard Member-$0--
THOMAS SCROGHAMBoard Member-$0--
DENISE SMOTHERMONBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$97,190$97,190$50,409$46,781
Total Events$97,190$97,190$50,409$46,781
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
Tamera Taylor
Title
President
Signed
2024-06-27

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 9,900 other income 2,296 total 12,196

Form 990-ez, Part I, Line 16

Expenses travel 98 interest 389 advertising 572 automobile 1,821 bank and merchant fees 2,120 building maintenance 1,959 committee meetings 1,655 contributions 895 dues and subscriptions 6,180 insurance 2,210 office expenses 9,429 utilities 5,414 non-investment depreciation 218 total 32,960

Form 990-ez, Part II, Line 24

Furniture and equipment 16,814 16,814 less accumulated depreciation 8,875 9,093 deposit - nipsco 0 0 employee retention credits claimed 29,772 29,772 total 37,711 37,493

Form 990-ez, Part II, Line 26

Payroll liabilities 3,299 0 line of credit 0 25,250

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 Appendix154 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/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TAMERA TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR TROY HOCKEMEYER OD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC KORTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JON CHAMPION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LAURA STROMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIM WEIGAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHANNON GAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LOGAN GLAZE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10THOMAS SCROGHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11DENISE SMOTHERMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PoliticalCampaignActyInd0false
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN EAST ALLEN COUNTY, INDIANA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/WebsiteAddressTxt0HTTP://WWW.NEWHAVENINDIANA.ORG
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt050409
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt097190
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt050409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENT INCOME 9,900 OTHER INCOME 2,296 TOTAL 12,196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TRAVEL 98 INTEREST 389 ADVERTISING 572 AUTOMOBILE 1,821 BANK AND MERCHANT FEES 2,120 BUILDING MAINTENANCE 1,959 COMMITTEE MEETINGS 1,655 CONTRIBUTIONS 895 DUES AND SUBSCRIPTIONS 6,180 INSURANCE 2,210 OFFICE EXPENSES 9,429 UTILITIES 5,414 NON-INVESTMENT DEPRECIATION 218 TOTAL 32,960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE AND EQUIPMENT 16,814 16,814 LESS ACCUMULATED DEPRECIATION 8,875 9,093 DEPOSIT - NIPSCO 0 0 EMPLOYEE RETENTION CREDITS CLAIMED 29,772 29,772 TOTAL 37,711 37,493
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 3,299 0 LINE OF CREDIT 0 25,250
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMERA TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-27
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/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02024-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM W SCHAFFER CPA
ReturnHeader/ReturnTs02024-10-16T07:52:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings