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Nonprofiteer
← NEWVUE AFFORDABLE HOUSING CORPORATION

Form 990 for tax year 2022

Filed by NEWVUE AFFORDABLE HOUSING CORPORATION.

Totals

Total revenue
$2,269,569
Total expenses
$1,751,279
Contributions and grants received
$1,130,991
Grants paid
$0
Program service revenue
$1,055,896
Investment income
$594
Other revenue
$82,088
Total assets, end of year
$13,624,424
Total liabilities, end of year
$12,738,783
Net assets or fund balances, end of year
$885,641
Program services expenses (Part IX)
$1,750,260
Management and general expenses
$1,019
Fundraising expenses
$0
Program service expenses (Part III)
$1,750,260

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARC DOHAN

    CLERK

    Total calculated
    $153,141
    From this org
    $0
    From related orgs
    $147,119
    Other
    $6,022
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,119 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,885 related
    Nontaxable benefits
    $0 + $137 related
    Filer's total
    $0 + $153,141 related
  • TOM GRAY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • CHRISTINA DIRUSSO

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
SALARIES ARE PAID BY RELATED ORGANIZATION NEWVUE COMMUNITIES, INC. (NVC) THEY ARE REVIEWED BY THE NVC BOARD OF DIRECTORS TO ENSURE THEY ARE COMPARABLE TO OTHER ORGANIZATIONS AND REASONABLE FOR JOB PERFORMED. THE SALARIES ARE APPROVED BY THE NVC BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
1 September 2023
IRS schema version
2022v5.0
Source object
202322449349301317

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