Civic Intelligence

Northwest Developers Inc.

990 • Fiscal year 2018 • EIN 81-5401172

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 31, 2019

Organization ProfileN/A
195 West Market StreetNewark, NJ 07103

(973) 783-3377

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Net Margin

95th percentile

88%

Higher net margin than 95% of similar nonprofits.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$10,000

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2018 filings • NTEE S • $5M-$10M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Balance Sheet
Liabilities / Assets6th percentile

Assets

$8,387,717

No earlier filing loaded for comparison.

Net Assets

$8,387,217

No earlier filing loaded for comparison.

Liabilities

$500

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin95th percentile

Revenue

$425,565

No earlier filing loaded for comparison.

Expenses

$51,125

No earlier filing loaded for comparison.

Net Income

$374,440

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15M$10M$5.0M$0Assets 2018: $8,387,717Liabilities 2018: $500Net Assets 2018: $8,387,2172018Assets 2019: $9,160,021Liabilities 2019: $0Net Assets 2019: $9,160,0212019Assets 2020: $9,579,725Liabilities 2020: $0Net Assets 2020: $9,579,7252020Assets 2021: $10,276,069Liabilities 2021: $0Net Assets 2021: $10,276,0692021Assets 2022: $8,556,737Liabilities 2022: $0Net Assets 2022: $8,556,7372022Assets 2023: $8,530,397Liabilities 2023: $0Net Assets 2023: $8,530,3972023Assets 2024: $8,484,814Liabilities 2024: $0Net Assets 2024: $8,484,8142024

Highlighted filing

2018

Assets$8,387,717
Liabilities$500
Net Assets$8,387,217
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2018: $425,565Expenses 2018: $51,125Net Income 2018: $374,4402018Revenue 2019: $835,755Expenses 2019: $62,951Net Income 2019: $772,8042019Revenue 2020: $477,092Expenses 2020: $57,387Net Income 2020: $419,7052020Revenue 2021: $811,725Expenses 2021: $123,345Net Income 2021: $688,3802021Revenue 2022: $50,854Expenses 2022: $81,240Net Income 2022: -$30,3862022Revenue 2023: -$21,616Expenses 2023: $58,874Net Income 2023: -$80,4902023Revenue 2024: $34,879Expenses 2024: $96,334Net Income 2024: -$61,4552024

Highlighted filing

2018

Revenue$425,565
Expenses$51,125
Net Income$374,440
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$425,565
Mission and Program Overview

Mission

To provide quality housing which is affordable for low and moderate income people in a safe and secure environment and to provide financial and other forms of assistance to tenants and their children to enhance their educational, recreational and vocational opportunities. In addition, while the needs of the tenants at new hope village are primary assistance for the needs of other not for profit entities serving, by way of example, such areas as housing, disadvantaged children, and shelters for the homeless and battered women will also be considered.

To provide quality housing which is affordable for low and moderate income people in a safe and secure environment and to provide financial and other forms of assistance to tenants and their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$8,373,352-
Cash and Non-Interest-Bearing Accounts$100$14,365▲ $14,265
Loans From Officers Directors$100$500▲ $400
Total Assets$100$8,387,717▲ $8,387,617
Liabilities
Total Liabilities$100$500▲ $400
Net Assets / Fund Balance
Unrestricted Net Assets-$8,387,217-
Total Net Assets Fund Balance$0$8,387,217▲ $8,387,217
Total Liabilities and Net Assets / Fund Balance$100$8,387,717▲ $8,387,617
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleBaseTotal
Ernestine WatsonPresident$10,000$10,000
Mary DickensMember$6,000$6,000
Nancy TillerTreasurer$6,000$6,000
Richard M TaylorMember$6,000$6,000
E Denise CouncilSecretary$4,000$4,000
John W CarterVice President$4,000$4,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$64,990
Investment Income
$360,575
Other Revenue
$0
Change in Net Assets
$374,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,000
Other Expenses$15,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$36,000-$36,000
Fees for Services Management-$10,000-$10,000
Fees for Services Other-$3,625-$3,625
Fees for Services Legal-$1,000-$1,000
Fees for Services Accounting-$500-$500
Total Functional Expenses$0$51,125$0$51,125
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$100$500▲ $400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

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

“The return is distributed to board of directors for review and approval.”

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

“The corporation's by-laws and corporate compliance program contains policies related to conflict of interest in regards to business agreements and transactions. No member of the board of directors, or any of its board appointed committees, shall attempt to and/or derive any personal profit or gain, directly or indirectly, by reason of his or her participation with ernestine watson or its affiliates. Board members and personnel in decision making roles are to make known their connections with third parties engaging in business with ernestine watson and/or its affiliates.”

Form 990, Part VI, Section B, Line 15

“The organization does not have any compensation and therefore no policy is required.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Northwest Developers Inc
EIN
81-5401172
Phone
9737833377
Address
195 WEST MARKET STREET, NEWARK, NJ 07103

Signing Officer

Name
Ernestine Watson
Title
President
Phone
9737833377
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernestine Watson
Formed
2017
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Sax Llp
Address
855 VALLEY ROAD, CLIFTON, NJ 07013
Preparer
Joshua Chananie
Phone
9734726250
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer of mortgage receivable 8,012,777.”

990, Page 12, Part XI

“The agency received a transfer of a mortgage note receivable in the amount of $8,012,777 from the new hope development corp no. 1 (22-2098953), a 501 (c) (3) exempt organization, as a part of its dissolution. The addition of this asset will help further the mission of northwest developers inc, which is to provide quality housing for low- and moderate-income people.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is also exempt from state income taxes. The financial accounting standards board ("fasb") issued guidance on accounting for uncertainty in income taxes which the organization has adopted. Management evaluated the organization's tax positions and concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the organization is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2017.”

Raw XML Appendix325 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE QUALITY HOUSING WHICH IS AFFORDABLE FOR LOW AND MODERATE INCOME PEOPLE IN A SAFE AND SECURE ENVIRONMENT AND TO PROVIDE FINANCIAL AND OTHER FORMS OF ASSISTANCE TO TENANTS AND THEIR CHILDREN.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERNESTINE WATSON
IRS990/BooksInCareOfDetail/PhoneNum09737833377
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0195 WEST MARKET STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0100
IRS990/CashNonInterestBearingGrp/EOYAmt014365
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt036000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt036000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0360575
IRS990/CYOtherExpensesAmt015125
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt064990
IRS990/CYRevenuesLessExpensesAmt0374440
IRS990/CYSalariesCompEmpBnftPaidAmt036000
IRS990/CYTotalExpensesAmt051125
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0425565
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE BOARD OF DIRECTORS WILL ESTABLISH AND ENHANCE PROGRAMS SUCH AS TUTORING, JOB TRAINING, AFTER SCHOOL PROGRAMS, AND PHYSICAL FITNESS AND NUTRITION PROGRAMS THAT PROVIDE EDUCATIONAL, RECREATIONAL, HEALTH AND VOCATIONAL OPPORTUNITIES FOR THE TENANTS OF NEW HOPE VILLAGE AND OTHER WORTHY NOT FOR PROFITS ENTITIES SERVING TO ENHANCE THE HEALTH AND WELFARE OF LOW TO MODERATE INCOME PEOPLE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0500
IRS990/FeesForServicesAccountingGrp/TotalAmt0500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesLegalGrp/TotalAmt01000
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesManagementGrp/TotalAmt010000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03625
IRS990/FeesForServicesOtherGrp/TotalAmt03625
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ERNESTINE WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN W CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm2E DENISE COUNCIL
IRS990/Form990PartVIISectionAGrp/PersonNm3NANCY TILLER
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD M TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY DICKENS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt010000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt36000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0425565
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0360575
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0360575
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0100
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0500
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY HOUSING WHICH IS AFFORDABLE FOR LOW AND MODERATE INCOME PEOPLE IN A SAFE AND SECURE ENVIRONMENT AND TO PROVIDE FINANCIAL AND OTHER FORMS OF ASSISTANCE TO TENANTS AND THEIR CHILDREN TO ENHANCE THEIR EDUCATIONAL, RECREATIONAL AND VOCATIONAL OPPORTUNITIES. IN ADDITION, WHILE THE NEEDS OF THE TENANTS AT NEW HOPE VILLAGE ARE PRIMARY ASSISTANCE FOR THE NEEDS OF OTHER NOT FOR PROFIT ENTITIES SERVING, BY WAY OF EXAMPLE, SUCH AREAS AS HOUSING, DISADVANTAGED CHILDREN, AND SHELTERS FOR THE HOMELESS AND BATTERED WOMEN WILL ALSO BE CONSIDERED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt08387217
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt08012777
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08373352
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ERNESTINE WATSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064990
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0374440
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt064990
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0360575
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0360575
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt064990
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalSupportAmt0360575
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS ALSO EXEMPT FROM STATE INCOME TAXES. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH THE ORGANIZATION HAS ADOPTED. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPENING OF CHECKING ACCOUNT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NANCY TILLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS DISTRIBUTED TO BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION'S BY-LAWS AND CORPORATE COMPLIANCE PROGRAM CONTAINS POLICIES RELATED TO CONFLICT OF INTEREST IN REGARDS TO BUSINESS AGREEMENTS AND TRANSACTIONS. NO MEMBER OF THE BOARD OF DIRECTORS, OR ANY OF ITS BOARD APPOINTED COMMITTEES, SHALL ATTEMPT TO AND/OR DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION WITH ERNESTINE WATSON OR ITS AFFILIATES. BOARD MEMBERS AND PERSONNEL IN DECISION MAKING ROLES ARE TO MAKE KNOWN THEIR CONNECTIONS WITH THIRD PARTIES ENGAGING IN BUSINESS WITH ERNESTINE WATSON AND/OR ITS AFFILIATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMPENSATION AND THEREFORE NO POLICY IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER OF MORTGAGE RECEIVABLE 8,012,777.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE AGENCY RECEIVED A TRANSFER OF A MORTGAGE NOTE RECEIVABLE IN THE AMOUNT OF $8,012,777 FROM THE NEW HOPE DEVELOPMENT CORP NO. 1 (22-2098953), A 501 (C) (3) EXEMPT ORGANIZATION, AS A PART OF ITS DISSOLUTION. THE ADDITION OF THIS ASSET WILL HELP FURTHER THE MISSION OF NORTHWEST DEVELOPERS INC, WHICH IS TO PROVIDE QUALITY HOUSING FOR LOW- AND MODERATE-INCOME PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990, PAGE 12, PART XI
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0100
IRS990/TotalAssetsEOYAmt08387717
IRS990/TotalAssetsGrp/BOYAmt0100
IRS990/TotalAssetsGrp/EOYAmt08387717
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051125
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt051125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100
IRS990/TotalLiabilitiesEOYAmt0500
IRS990/TotalLiabilitiesGrp/BOYAmt0100
IRS990/TotalLiabilitiesGrp/EOYAmt0500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08387217
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt064990
IRS990/TotalReportableCompFromOrgAmt036000
IRS990/TotalRevenueGrp/ExclusionAmt0360575
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0425565
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08387717
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08387217
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0195 WEST MARKET STREET
IRS990/USAddress/CityNm0NEWARK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007103
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNESTINE WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09737833377
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHWEST DEVELOPERS INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0815401172
ReturnHeader/Filer/PhoneNum09737833377
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 WEST MARKET STREET
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId056E4F1D04D5DDDAEBAB752EE5213B5244F2ACBA9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FA883D29B2DF9E278D836081D87BF676DD8B777A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.251.63.34
ReturnHeader/FilingSecurityInformation/IPDt02019-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:57:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812950760
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0855 VALLEY ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLIFTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007013
ReturnHeader/PreparerPersonGrp/PhoneNum09734726250
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA CHANANIE
ReturnHeader/ReturnTs02019-11-13T15:11:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,387,717
Liabilities
$500
Net assets
$8,387,217
Revenue
$425,565
Expenses
$51,125
Net income
$374,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$0.00$8.48$0.03$0.10$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.53$0.00$8.53$0.02$0.06$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.56$0.00$8.56$0.05$0.08$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.00$10.3$0.81$0.12$0.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.58$0.00$9.58$0.48$0.06$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.16$0.00$9.16$0.84$0.06$0.77
2018Detailed filing. Detailed filing data is available for this year.$8.39$0.00$8.39$0.43$0.05$0.37