Civic Intelligence

N B C U S a Housing Inc Twenty Three

EIN 62-1394724 • 501(c)3 • New Orleans, LA

New Orleans, LA
Siviq Scores

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

Liabilities / Assets

97th percentile

3.19x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

7.47x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-7.5%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$459,177

Down $37,447 (-7.5%) from 2022

Liabilities

Up

$1,463,080

Up $15,991 (+1.1%) from 2022

Net Assets

Down

-$1,003,903

Down $53,438 (-5.6%) from 2022

Revenue

Down

$195,786

Down $39,047 (-17%) from 2022

Expenses

Down

$249,224

Down $29,569 (-11%) from 2022

Net Income

Down

-$53,438

Down $9,478 (-22%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $978,460Liabilities 2011: $1,419,746Net Assets 2011: -$441,2862011Assets 2012: $946,444Liabilities 2012: $1,417,606Net Assets 2012: -$471,1622012Assets 2013: $917,854Liabilities 2013: $1,422,356Net Assets 2013: -$504,5022013Assets 2014: $877,531Liabilities 2014: $1,427,810Net Assets 2014: -$550,2792014Assets 2015: $831,683Liabilities 2015: $1,418,192Net Assets 2015: -$586,5092015Assets 2016: $775,080Liabilities 2016: $1,408,713Net Assets 2016: -$633,6332016Assets 2017: $720,125Liabilities 2017: $1,434,769Net Assets 2017: -$714,6442017Assets 2018: $651,888Liabilities 2018: $1,422,901Net Assets 2018: -$771,0132018Assets 2019: $612,112Liabilities 2019: $1,420,820Net Assets 2019: -$808,7082019Assets 2020: $581,849Liabilities 2020: $1,427,465Net Assets 2020: -$845,6162020Assets 2021: $558,725Liabilities 2021: $1,465,230Net Assets 2021: -$906,5052021Assets 2022: $496,624Liabilities 2022: $1,447,089Net Assets 2022: -$950,4652022Assets 2023: $459,177Liabilities 2023: $1,463,080Net Assets 2023: -$1,003,9032023

Highlighted filing

2023

Assets$459,177
Liabilities$1,463,080
Net Assets-$1,003,903

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $215,246Expenses 2011: $234,723Net Income 2011: -$19,4772011Revenue 2012: $214,440Expenses 2012: $244,316Net Income 2012: -$29,8762012Revenue 2013: $218,459Expenses 2013: $251,799Net Income 2013: -$33,3402013Revenue 2014: $214,796Expenses 2014: $260,573Net Income 2014: -$45,7772014Revenue 2015: $223,137Expenses 2015: $259,367Net Income 2015: -$36,2302015Revenue 2016: $214,831Expenses 2016: $261,955Net Income 2016: -$47,1242016Revenue 2017: $213,256Expenses 2017: $294,267Net Income 2017: -$81,0112017Revenue 2018: $230,364Expenses 2018: $286,733Net Income 2018: -$56,3692018Revenue 2019: $242,004Expenses 2019: $279,699Net Income 2019: -$37,6952019Revenue 2020: $244,433Expenses 2020: $281,341Net Income 2020: -$36,9082020Revenue 2021: $231,521Expenses 2021: $292,410Net Income 2021: -$60,8892021Revenue 2022: $234,833Expenses 2022: $278,793Net Income 2022: -$43,9602022Revenue 2023: $195,786Expenses 2023: $249,224Net Income 2023: -$53,4382023

Highlighted filing

2023

Revenue$195,786
Expenses$249,224
Net Income-$53,438

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$1.46$1.00$0.20$0.25$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$1.45$0.95$0.23$0.28$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$1.47$0.91$0.23$0.29$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$1.43$0.85$0.24$0.28$0.04
2019Summary only. Only limited summary data is available for this year.$0.61$1.42$0.81$0.24$0.28$0.04
2018Summary only. Only limited summary data is available for this year.$0.65$1.42$0.77$0.23$0.29$0.06
2017Summary only. Only limited summary data is available for this year.$0.72$1.43$0.71$0.21$0.29$0.08
2016Summary only. Only limited summary data is available for this year.$0.78$1.41$0.63$0.21$0.26$0.05
2015Summary only. Only limited summary data is available for this year.$0.83$1.42$0.59$0.22$0.26$0.04
2014Summary only. Only limited summary data is available for this year.$0.88$1.43$0.55$0.21$0.26$0.05
2013Summary only. Only limited summary data is available for this year.$0.92$1.42$0.50$0.22$0.25$0.03
2012Summary only. Only limited summary data is available for this year.$0.95$1.42$0.47$0.21$0.24$0.03
2011Summary only. Only limited summary data is available for this year.$0.98$1.42$0.44$0.22$0.23$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.1
Gross Receipts
$195,786
Mission and Program Overview

Mission

The organizations only program is to provide elderly and low income housing to those hwo meet the qualifying standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$419,255$380,335▼ $38,920
Accounts Receivable$4,756$14,704▲ $9,948
Cash and Non-Interest-Bearing Accounts$5,554$882▼ $4,672
Total Assets$496,624$459,177▼ $37,447
Other Assets Total$67,059$63,256▼ $3,803
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,393,600$1,393,600→ $0
Accounts Payable and Accrued Expenses$44,185$63,258▲ $19,073
Other Liabilities$6,633$4,538▼ $2,095
Deferred Revenue$2,671$1,684▼ $987
Total Liabilities$1,447,089$1,463,080▲ $15,991
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-950,465$-1,003,903▼ $53,438
Total Net Assets Fund Balance$-950,465$-1,003,903▼ $53,438
Total Liabilities and Net Assets / Fund Balance$496,624$459,177▼ $37,447

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,909$154,018$164,927
Other Land Buildings$53,279$44,668$97,947
Buildings$250,868$1,106,007-
Land$65,279--
Other Assets Org$6,064--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Carl P SmallVice President
Clifford TurnerBoard Member
Dr Charles SouthallBoard Member
Dr Michael a NobleBoard Member
Dr Rb HolmesBoard Member
Rev Cory PruittBoard Member
Rev Eric JacksonBoard Member
Dr Johnny HamptonSecretary
Keith B CorbettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$195,786
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-53,438

Audited Revenue Reconciliation

Revenue per Audited Statements
$195,785
Total Revenue per Audited Statements
$195,785
Total Revenue per Form 990
$195,785
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,894
Salaries, Compensation, and Employee Benefits$62,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$45,201--$45,201
Depreciation Depletion$45,103--$45,103
Fees for Services Management-$14,268-$14,268
Insurance$13,228--$13,228
Office Expenses-$11,775-$11,775
Other Employee Benefits$11,299--$11,299
Other Expenses$10,911$795-$10,911
Payroll Taxes$5,830--$5,830
Fees for Services Legal-$1,689-$1,689
Total Functional Expenses$220,697$28,527$0$249,224

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$249,224
Total Expenses per Audited Statements$249,224
Total Expenses per Form 990$249,224
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
Tenant Security Deposits Contra$4,538
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The general board is presented the IRS Form 990 for review. Upon approval by the Board Chairman, it is submitted for electronic filing.

Conflict of interest policy compliance Part VI line 12C

The Board regularly and consistently monitors the conflict of interest policy on an annual basis to determine if updates are warranted. Additionally, the conflict of interest policy was also enforced as necessary.

CEO executive director top management comp Part VI line 15A

Salary increases go before the Board. No salary increases are done without Board approval.

Other officer or key employee compensation Part VI line 15B

Salary increases go before the Board. No salary increases are done without Board approval.

Governing documents etc available to public Part VI line 19

This is a national organization. All financial statements and tax returns are made avialable to the public upon request by the Board Chairmans office.

Filing and Contact Details

Filer

Filer Name
Nbc USA Housing Inc Twenty Three
EIN
62-1394724
Address
1214 SO ROBERTSON ST, New Orleans, LA 70113
Doing Business As
Home Mission Haven

Signing Officer

Name
Willie Gable
Title
Board President
Phone
5045245471
Signed
2024-05-09
Discuss with paid preparer
No

Organization Details

Formed
1992
Legal Domicile
La
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Wharton CPA LLC
Address
220 Decatur Street Suite 406, New Orleans, LA 70113
Preparer
Brendel Wharton Joseph
Phone
5044019581
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The general board is presented the IRS Form 990 for review. Upon approval by the Board Chairman, it is submitted for electronic filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board regularly and consistently monitors the conflict of interest policy on an annual basis to determine if updates are warranted. Additionally, the conflict of interest policy was also enforced as necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Salary increases go before the Board. No salary increases are done without Board approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salary increases go before the Board. No salary increases are done without Board approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4This is a national organization. All financial statements and tax returns are made avialable to the public upon request by the Board Chairmans office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Willie Gable
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board President
ReturnHeader/BusinessOfficerGrp/PhoneNum05045245471
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NBC USA HOUSING INC TWENTY THREE
ReturnHeader/Filer/BusinessNameControlTxt0NBCU
ReturnHeader/Filer/EIN0621394724
ReturnHeader/Filer/USAddress/AddressLine1Txt01214 SO ROBERTSON ST
ReturnHeader/Filer/USAddress/CityNm0New Orleans
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070113
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680524519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wharton CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 Decatur Street Suite 406

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