Civic Intelligence

New Waves Housing Inc

EIN 92-0436756 • 501(c)3 • Traverse City, MI

Profile

Low-income housing

10120 Deerpath STraverse City, MI 49685-9084

newwaveshousinginc.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

1st percentile

-9189%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $9,097 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $9,097 (-100%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$99

Down $50,190 (-100%) from 2023

Expenses

Down

$9,196

Down $32,430 (-78%) from 2023

Net Income

Down

-$9,097

Down $17,760 (-205%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$10K$5.0K$0Assets 2022: $434Net Assets 2022: $4342022Assets 2023: $9,097Net Assets 2023: $9,0972023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$60K$40K$20K$0-$20KRevenue 2022: $500Expenses 2022: $66Net Income 2022: $4342022Revenue 2023: $50,289Expenses 2023: $41,626Net Income 2023: $8,6632023Revenue 2024: $99Expenses 2024: $9,196Net Income 2024: -$9,0972024

Highlighted filing

2024

Revenue$99
Expenses$9,196
Net Income-$9,097
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$99
Expenses
$9,196
Net income
-$9,097
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.10$9.20$9.10
2023Detailed filing. Detailed filing data is available for this year.$9.10$9.10$50.3$41.6$8.66
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.50$0.07$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.1
Gross Receipts
$99
Mission and Program Overview

Mission

Low-incomehousing

Low-income housing

Program Services

DescriptionGrantsExpenses
The New Waves Housing Development infrastructure was completed permitting was completed so that 3 new homes have begun through a partnership with Habitat for Humanity Grand Traverse Region.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark VanderklippBoard Chair-$0--
Marianne CarlsonBoard Secretary-$0--
Christine AllenBoard Treasurer Volunteer Housing Project ManagerPT$0--
Filing and Contact Details

Filer

Filer Name
New Waves Housing Inc
EIN
92-0436756
In Care Of
% Christine Allen
Address
10120 DEERPATH S, Traverse City, MI 49685-9084

Signing Officer

Name
Christine Allen
Title
Treasurer
Phone
2314991213
Signed
2025-09-30
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| There was a balance left in the bank at dissolution. It was transferred to Habitat for Humanity Grand Traverse Region to complete our housing project., $1493| We had to return an unspent grant upon dissolution, $7119|”

Raw XML Appendix219 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/PersonNm1Marianne Carlson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Christine Allen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Treasurer Volunteer Housing Project Manager
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
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IRS990EZ/OtherExpensesTotalAmt08612
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt05
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialEventsNetIncomeLossAmt00
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IRS990EZ/TotalExpensesAmt09196
IRS990EZ/TotalRevenueAmt099
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt010120 Deerpath S
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050888
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02025-08-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0382753833
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| There was a balance left in the bank at dissolution. It was transferred to Habitat for Humanity Grand Traverse Region to complete our housing project., $1493| We had to return an unspent grant upon dissolution, $7119|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Christine Allen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02314991213
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New Waves Housing Inc
ReturnHeader/Filer/BusinessNameControlTxt0NEWW
ReturnHeader/Filer/EIN0920436756
ReturnHeader/Filer/ForeignPhoneNum02314991213
ReturnHeader/Filer/InCareOfNm0% Christine Allen
ReturnHeader/Filer/USAddress/AddressLine1Txt010120 DEERPATH S
ReturnHeader/Filer/USAddress/CityNm0Traverse City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0496859084
ReturnHeader/ReturnTs02025-09-29T15:45:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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