Skip to content
Nonprofiteer
← NEW AMERICAN COMMUNITY LENDING CORPORATION

Form 990 for tax year 2025

Filed by NEW AMERICAN COMMUNITY LENDING CORPORATION.

Totals

Total revenue
$673,583
Total expenses
$527,663
Contributions and grants received
$581,287
Grants paid
$0
Program service revenue
$88,546
Investment income
$0
Other revenue
$3,750
Total assets, end of year
$2,518,448
Total liabilities, end of year
$982,499
Net assets or fund balances, end of year
$1,535,949
Program services expenses (Part IX)
$391,011
Management and general expenses
$97,584
Fundraising expenses
$39,068
Program service expenses (Part III)
$391,011

Program services were 74.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $300,000

  • 1f · All other contributions, gifts and grants

    $281,287

  • 1g · Noncash contributions included above

    $25,978

  • 2a · Program service revenue: SERVICE FEES

    total $88,546 · related or exempt $88,546

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $3,750 · excluded $3,750

  • 11e · Other revenue, total

    $3,750

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $241,284 · program services $207,587 · management and general $5,616 · fundraising $28,081

  • 8 · Pension plan contributions

    total $17,535 · program services $14,187 · management and general $558 · fundraising $2,790

  • 9 · Other employee benefits

    total $40,599 · program services $36,539 · management and general $677 · fundraising $3,383

  • 10 · Payroll taxes

    total $17,646 · program services $15,221 · management and general $409 · fundraising $2,016

  • 11b · Fees: legal

    total $4,360 · management and general $4,360

  • 11g · Fees: other

    total $4,203 · management and general $4,203

  • 12 · Advertising and promotion

    total $14,703 · program services $13,233 · fundraising $1,470

  • 13 · Office expenses

    total $946 · program services $884 · management and general $62

  • 14 · Information technology

    total $51,198 · program services $29,638 · management and general $21,560

  • 16 · Occupancy

    total $60,000 · management and general $60,000

  • 17 · Travel

    total $2,531 · program services $1,139 · management and general $126 · fundraising $1,266

  • 19 · Conferences, conventions and meetings

    total $249 · program services $174 · management and general $13 · fundraising $62

  • 24a · Other expenses: BAD DEBT

    total $72,000 · program services $72,000

  • 24b · Other expenses: MEMBERSHIP DUES

    total $409 · program services $409

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $689,249 · end of year $524,717

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $27,500

  • 7 · Other notes and loans receivable

    beginning of year $1,534,806 · end of year $1,947,231

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $19,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,696 · end of year $11,448

  • 25 · Other liabilities

    beginning of year $897,330 · end of year $971,051

  • 27 · Net assets without donor restrictions

    beginning of year -$6,678 · end of year $476,698

  • 28 · Net assets with donor restrictions

    beginning of year $1,396,707 · end of year $1,059,251

Mission and programs · 2025

Mission

NEW AMERICAN COMMUNITY LENDING (NACL) FINANCIALLY EMPOWERS REFUGEES, ASYLUM SEEKERS, AND OTHER IMMIGRANTS TO PROMOTE STABILITY, SECURITY, AND A SHARE IN THE AMERICAN DREAM.

  • NEW AMERICAN COMMUNITY LENDING (NACL) IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT FINANCIALLY EMPOWERS REFUGEES, ASYLUM SEEKERS, AND OTHER IMMIGRANTS TO PROMOTE STABILITY, SECURITY, AND A SHARE IN THE AMERICAN DREAM.

    Expenses $391,011 · Revenue $88,546

As filed on the 2025 return.

Listed in Part VII

  • Michele Speaks

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Dennis Wieckert

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Wagner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Muhsin Hassan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Adrian Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kelly Roehl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Krish O'Mara Vignarajah

    PRESIDENT & CEO

    Total calculated
    $730,672
    From this org
    $0
    From related orgs
    $686,399
    Other
    $44,273
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $686,399 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $32,688 related
    Nontaxable benefits
    $0 + $11,585 related
    Filer's total
    $0 + $730,672 related

  • Costas Doumas

    CFO

    Total calculated
    $51,428
    From this org
    $0
    From related orgs
    $43,484
    Other
    $7,944
    Hours/week
    1 + 40 related

  • John Godwin

    DIRECTOR

    Total calculated
    $140,898
    From this org
    $105,308
    From related orgs
    $0
    Other
    $35,590
    Hours/week
    40

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
CEO KRISH O'MARA VIGNARAJAH RECEIVED A PAYMENT OF $22,500 FROM A SECTION 457(B) PLAN MAINTAINED BY LUTHERAN IMMIGRATION & REFUGEE SERVICE, INC.

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
2025
Filed
13 August 2026
IRS schema version
2025v4.2
Source object
202602259349302660

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.