Civic Intelligence

Nlh 2

990 • Fiscal year 2023 • EIN 85-0478290

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 09, 2023

Organization ProfileWWW.NEWLIFEHOMESNM.COM
1816 East Mojave StFarmington, NM 87401

(505) 293-7553

Siviq Scores

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

Liabilities / Assets

85th percentile

1.56x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

9.87x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Net Margin

30th percentile

-26%

Higher net margin than 30% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$246,515

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 183.0% of source-year revenue.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Asset Growth

22nd percentile

-5.3%

Faster asset growth than 22% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-3.5%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$850,508

Down $47,670 (-5.3%) from 2022

Net Assets

Down

-$479,015

Down $34,699 (-7.8%) from 2022

Liabilities

Down

$1,329,523

Down $12,971 (-1.0%) from 2022

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin30th percentile

Revenue

Down

$134,698

Down $4,945 (-3.5%) from 2022

Expenses

Down

$169,397

Down $11,783 (-6.5%) from 2022

Net Income

Up

-$34,699

Up $6,838 (+16%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2012: $1,265,112Liabilities 2012: $1,380,168Net Assets 2012: -$115,0562012Assets 2013: $1,213,794Liabilities 2013: $1,357,468Net Assets 2013: -$143,6742013Assets 2014: $1,180,801Liabilities 2014: $1,355,975Net Assets 2014: -$175,1742014Assets 2015: $1,146,444Liabilities 2015: $1,341,625Net Assets 2015: -$195,1812015Assets 2016: $1,121,217Liabilities 2016: $1,338,657Net Assets 2016: -$217,4402016Assets 2017: $1,086,776Liabilities 2017: $1,348,418Net Assets 2017: -$261,6422017Assets 2018: $1,056,314Liabilities 2018: $1,346,624Net Assets 2018: -$290,3102018Assets 2019: $1,005,264Liabilities 2019: $1,342,611Net Assets 2019: -$337,3472019Assets 2020: $965,067Liabilities 2020: $1,341,733Net Assets 2020: -$376,6662020Assets 2021: $928,757Liabilities 2021: $1,331,536Net Assets 2021: -$402,7792021Assets 2022: $898,178Liabilities 2022: $1,342,494Net Assets 2022: -$444,3162022Assets 2023: $850,508Liabilities 2023: $1,329,523Net Assets 2023: -$479,0152023Assets 2024: $816,836Liabilities 2024: $1,332,867Net Assets 2024: -$516,0312024

Highlighted filing

2023

Assets$850,508
Liabilities$1,329,523
Net Assets-$479,015
Open 2023 Filing

Operations Trend

Revenue Growth26th percentile

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

$300K$200K$100K$0-$100KRevenue 2012: $112,888Expenses 2012: $145,447Net Income 2012: -$32,5592012Revenue 2013: $113,904Expenses 2013: $142,522Net Income 2013: -$28,6182013Revenue 2014: $110,691Expenses 2014: $142,192Net Income 2014: -$31,5012014Revenue 2015: $120,241Expenses 2015: $142,518Net Income 2015: -$22,2772015Revenue 2016: $119,712Expenses 2016: $141,971Net Income 2016: -$22,2592016Revenue 2017: $120,291Expenses 2017: $164,493Net Income 2017: -$44,2022017Revenue 2018: $130,691Expenses 2018: $159,359Net Income 2018: -$28,6682018Revenue 2019: $131,204Expenses 2019: $158,000Net Income 2019: -$26,7962019Revenue 2020: $128,013Expenses 2020: $167,332Net Income 2020: -$39,3192020Revenue 2021: $138,622Expenses 2021: $164,735Net Income 2021: -$26,1132021Revenue 2022: $139,643Expenses 2022: $181,180Net Income 2022: -$41,5372022Revenue 2023: $134,698Expenses 2023: $169,397Net Income 2023: -$34,6992023Revenue 2024: $154,453Expenses 2024: $218,052Net Income 2024: -$63,5992024

Highlighted filing

2023

Revenue$134,698
Expenses$169,397
Net Income-$34,699
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 9, 2023
Return Version
2022v5.0
Gross Receipts
$134,698
Mission and Program Overview

Mission

Establish, maintain, and operate a program to provide affordable housing for the disabled, indigent, and underpriviledged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$830,746$795,727▼ $35,019
Cash and Non-Interest-Bearing Accounts$8,378$10,548▲ $2,170
Accounts Receivable$1,477$5,879▲ $4,402
Total Assets$898,178$850,508▼ $47,670
Other Assets Total$57,577$38,354▼ $19,223
Liabilities
Other Liabilities$1,323,232$1,323,966▲ $734
Accounts Payable and Accrued Expenses$17,098$5,119▼ $11,979
Deferred Revenue$2,164$438▼ $1,726
Total Liabilities$1,342,494$1,329,523▼ $12,971
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-444,316$-479,015▼ $34,699
Total Net Assets Fund Balance$-444,316$-479,015▼ $34,699
Total Liabilities and Net Assets / Fund Balance$898,178$850,508▼ $47,670

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$723,727$677,034$1,400,761
Land$72,000-$72,000
Other Land Buildings$0$8,975$8,975
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Paul Van GulickPresident/treasurer
Chandra DoranDirector
Russell ThompsonDirector
Will ReardonDirector
John BloomfieldExecutive Director
Patricia RaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$134,683
Investment Income
$15
Other Revenue
$0
Change in Net Assets
$-34,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$134,698
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$134,698
Total Revenue per Form 990
$134,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,719
Salaries, Compensation, and Employee Benefits$23,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$73,105--$73,105
Depreciation Depletion$35,019--$35,019
Other Salaries and Wages$19,522--$19,522
Insurance$12,938--$12,938
Fees for Services Management-$11,361-$11,361
Fees for Services Accounting-$5,764-$5,764
Office Expenses$4,218--$4,218
Payroll Taxes$2,679--$2,679
Other Employee Benefits$1,477--$1,477
All Other Expenses$558--$558
Other Expenses$341--$341
Advertising$118--$118
Total Functional Expenses$152,272$17,125$0$169,397

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$169,397
Total Expenses per Audited Statements$169,397
Total Expenses per Form 990$169,397
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Hud Capital Advance$1,320,474
Tenant Security Deposits$3,492
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The board of directors have delegated management duties to jl gray company. Jl gray company has an extensive history in supervising hud properties.”

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

“Form 990 is prepared by the accountant who prepares the annual year end hud audit. Following the controller's review and approval, tax return copies are distributed to the board of directors and subsequently the original tax return is filed with the irs.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available to the public upon requests made to the managing company, jl gray company.”

Filing and Contact Details

Filer

Filer Name
Nlh 2
EIN
85-0478290
Phone
5052937553
Address
1816 EAST MOJAVE ST, FARMINGTON, NM 87401

Signing Officer

Name
John Bloomfield
Title
Director
Phone
5052937553
Signed
2023-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Bloomfield
Formed
2003
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Palmer & Co Pa
Address
701 OSUNA RD NE STE 100, ALBUQUERQUE, NM 87113
Preparer
Margi Palmer
Phone
5053441040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project applied for and was granted non-profit status by the internal revenue service under internal revenue code, section 501c(3). Therefore, no provision for income taxes has been made. The project has no uncertain tax positions.”

Raw XML AppendixShowing 400 of 527 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/AccountsPayableAccrExpnssGrp/BOYAmt017098
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05119
IRS990/AccountsReceivableGrp/BOYAmt01477
IRS990/AccountsReceivableGrp/EOYAmt05879
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT, AND UNDERPRIVILEDGED.
IRS990/AdvertisingGrp/ProgramServicesAmt0118
IRS990/AdvertisingGrp/TotalAmt0118
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0558
IRS990/AllOtherExpensesGrp/TotalAmt0558
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JL GRAY COMPANY
IRS990/BooksInCareOfDetail/PhoneNum05053256515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01816 EAST MOJAVE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087401
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08378
IRS990/CashNonInterestBearingGrp/EOYAmt010548
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt015
IRS990/CYOtherExpensesAmt0145719
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0134683
IRS990/CYRevenuesLessExpensesAmt0-34699
IRS990/CYSalariesCompEmpBnftPaidAmt023678
IRS990/CYTotalExpensesAmt0169397
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0134698
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02164
IRS990/DeferredRevenueGrp/EOYAmt0438
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt035019
IRS990/DepreciationDepletionGrp/TotalAmt035019
IRS990/Desc0HOUSING PROJECT WAS FULLY OCCUPIED BY ELIGIBLE TENANTS AND IS IN COMPLIANCE WITH REGULATORY AGREEMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0152272
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05764
IRS990/FeesForServicesAccountingGrp/TotalAmt05764
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011361
IRS990/FeesForServicesManagementGrp/TotalAmt011361
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BLOOMFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm1WILL REARDON
IRS990/Form990PartVIISectionAGrp/PersonNm2RUSSELL THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHANDRA DORAN
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL VAN GULICK
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICIA RAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0246515
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0134698
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt012938
IRS990/InsuranceGrp/TotalAmt012938
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt015
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0686009
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0830746
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0795727
IRS990/LandBldgEquipCostOrOtherBssAmt01481736
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT, AND UNDERPRIVILEDGED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-444316
IRS990/NetAssetsOrFundBalancesEOYAmt0-479015
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-444316
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-479015
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt073105
IRS990/OccupancyGrp/TotalAmt073105
IRS990/OfficeExpensesGrp/ProgramServicesAmt04218
IRS990/OfficeExpensesGrp/TotalAmt04218
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt057577
IRS990/OtherAssetsTotalGrp/EOYAmt038354
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01477
IRS990/OtherExpensesGrp/Desc0MISC. TAXES, LICENSE, P
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2OTHER RENTING EXPENSE
IRS990/OtherExpensesGrp/Desc3SERVICE CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt01121
IRS990/OtherExpensesGrp/ProgramServicesAmt1642
IRS990/OtherExpensesGrp/ProgramServicesAmt2534
IRS990/OtherExpensesGrp/ProgramServicesAmt3341
IRS990/OtherExpensesGrp/TotalAmt01121
IRS990/OtherExpensesGrp/TotalAmt1642
IRS990/OtherExpensesGrp/TotalAmt2534
IRS990/OtherExpensesGrp/TotalAmt3341
IRS990/OtherLiabilitiesGrp/BOYAmt01323232
IRS990/OtherLiabilitiesGrp/EOYAmt01323966
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019522
IRS990/OtherSalariesAndWagesGrp/TotalAmt019522
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02679
IRS990/PayrollTaxesGrp/TotalAmt02679
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN BLOOMFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0FUNDS FROM GOV'T AGENC
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME TENANTS
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154008
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2480
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt0150475
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0139638
IRS990/PYRevenuesLessExpensesAmt0-41537
IRS990/PYSalariesCompEmpBnftPaidAmt030705
IRS990/PYTotalExpensesAmt0181180
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0139643
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-34699
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0134698
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0113
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0134683
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0139638
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0138617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0127976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0131153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0672067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0113
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.69330
IRS990ScheduleA/PublicSupportPY509Pct00.70760
IRS990ScheduleA/PublicSupportTotal509Amt0466002
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt048963
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt045921
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt041667
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt034489
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt035025
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0206065
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt048963
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt045921
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt041667
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt034489
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt035025
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0206065
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0134683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0139638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0138617
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0127976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0131153
IRS990ScheduleA/Total509Grp/TotalAmt0672067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0134698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0139643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0138622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0128013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0131204
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0672180
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0723727
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0677034
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01400761
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0169397
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt072000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt072000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08975
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01320474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HUD CAPITAL ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0134698
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT APPLIED FOR AND WAS GRANTED NON-PROFIT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE, SECTION 501C(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE PROJECT HAS NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0795727
IRS990ScheduleD/TotalExpensesPerForm990Amt0169397
IRS990ScheduleD/TotalLiabilityAmt01323966
IRS990ScheduleD/TotalRevenuePerForm990Amt0134698
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0134698
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0169397
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt09900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0236615
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN BLOOMFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0246515
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAVE DELEGATED MANAGEMENT DUTIES TO JL GRAY COMPANY. JL GRAY COMPANY HAS AN EXTENSIVE HISTORY IN SUPERVISING HUD PROPERTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY THE ACCOUNTANT WHO PREPARES THE ANNUAL YEAR END HUD AUDIT. FOLLOWING THE CONTROLLER'S REVIEW AND APPROVAL, TAX RETURN COPIES ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND SUBSEQUENTLY THE ORIGINAL TAX RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUESTS MADE TO THE MANAGING COMPANY, JL GRAY COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROADWAY APARTMENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NEWLIFE HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NLH3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3NLH5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4NLH6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5THE FOUNDATION FOR NEW LIFE HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311569129
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1850406074
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2562316141
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3810661288
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4061830123
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5911569129
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUBSIDIZED HOUSING FOR THE DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUBSIDIZED HOUSING FOR THE DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HUD SUBSIDIZED HOUSING FOR THE DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3HUD SUBSIDIZED HOUSING FOR THE DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4HUD SUBSIDIZED HOUSING FOR THE DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5FOUNDATION TO PROVIDE SERVICES FOR HOUSING FOR DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$850,508
Liabilities
$1,329,523
Net assets
-$479,015
Revenue
$134,698
Expenses
$169,397
Net income
-$34,699
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.82$1.33$0.52$0.15$0.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.85$1.33$0.48$0.13$0.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.90$1.34$0.44$0.14$0.18$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.93$1.33$0.40$0.14$0.16$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.97$1.34$0.38$0.13$0.17$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.01$1.34$0.34$0.13$0.16$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.35$0.29$0.13$0.16$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.09$1.35$0.26$0.12$0.16$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.12$1.34$0.22$0.12$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.15$1.34$0.20$0.12$0.14$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.18$1.36$0.18$0.11$0.14$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.36$0.14$0.11$0.14$0.03
2012Summary only. Only limited summary data is available for this year.$1.27$1.38$0.12$0.11$0.15$0.03