Totals
- Total revenue
- $328,840
- Total expenses
- $575,479
- Contributions and grants received
- $150,250
- Grants paid
- $0
- Program service revenue
- $160,312
- Investment income
- $18,278
- Other revenue
- $0
- Total assets, end of year
- $4,627,767
- Total liabilities, end of year
- $411,527
- Net assets or fund balances, end of year
- $4,216,240
- Program services expenses (Part IX)
- $448,582
- Management and general expenses
- $79,481
- Fundraising expenses
- $47,416
- Program service expenses (Part III)
- $448,582
Program services were 77.9% 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)
$30,000
-
1f · All other contributions, gifts and grants
$120,250
-
2a · Program service revenue: AFFORDABLE HOUSING
total $160,312 · related or exempt $160,312
-
3 · Investment income
total $18,278 · excluded $18,278
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $257,520 · program services $215,427 · management and general $11,910 · fundraising $30,183
-
8 · Pension plan contributions
total $1,573 · program services $1,302 · management and general $121 · fundraising $150
-
10 · Payroll taxes
total $14,430 · program services $11,940 · management and general $747 · fundraising $1,743
-
11c · Fees: accounting
total $12,471 · management and general $12,471
-
11g · Fees: other
total $79,482 · program services $32,659 · management and general $33,082 · fundraising $13,741
-
12 · Advertising and promotion
total $21,554 · program services $9,400 · management and general $11,596 · fundraising $558
-
13 · Office expenses
total $39,650 · program services $34,062 · management and general $4,837 · fundraising $751
-
17 · Travel
total $15,134 · program services $13,002 · management and general $1,845 · fundraising $287
-
20 · Interest
total $6,000 · program services $3,148 · management and general $2,852
-
24a · Other expenses: PROPERTY OPERATIONS
total $96,602 · program services $96,602
-
24b · Other expenses: PROGRAM EXPENSE
total $30,897 · program services $30,897
-
24c · Other expenses: COMMUNICATIONS
total $166 · program services $143 · management and general $20 · fundraising $3
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,494,023 · end of year $1,817,330
-
2 · Savings and temporary cash investments
beginning of year $192,656 · end of year $193,026
-
4 · Accounts receivable
beginning of year $19,843 · end of year $17,340
-
7 · Other notes and loans receivable
beginning of year $2,678,416 · end of year $2,600,071
-
17 · Accounts payable and accrued expenses
beginning of year $214,974 · end of year $205,062
-
19 · Deferred revenue
beginning of year $5,594 · end of year $5,594
-
23 · Secured mortgages and notes payable
beginning of year $200,871 · end of year $200,871
-
27 · Net assets without donor restrictions
beginning of year $3,950,086 · end of year $3,202,827
-
28 · Net assets with donor restrictions
beginning of year $1,013,413 · end of year $1,013,413
Mission and programs · 2023
Mission
TO LEAD IN CREATING INNOVATIVE HOUSING SOLUTIONS FOR UNDERSERVED POPULATIONS THROUGH STRATEGIC PARTNERSHIPS AND CONTRIBUTE TO BUILDING STRONGER COMMUNITIES.
Activities or mission (Part I)
TO LEAD IN CREATING INNOVATIVE HOUSING SOLUTIONS FOR UNDERSERVED POPULATIONS THROUGH STRATEGIC PARTNERSHIPS THAT CONTRIBUTE TO BUILDING STRONGER COMMUNITIES.
-
CREATING HOMEOWNERSHIP OPPORTUNITIES AS A NON-PROFIT MORTGAGE LENDER. NHS LENDING HELPS INDIVIDUALS BEGIN BUILDING ASSETS FOR THEIR FUTURE THROUGH SUSTAINABLE HOMEOWNERSHIP. IT PROVIDES SECOND MORTGAGE LOANS IN TANDEM WITH OUR PARTNER LENDERS' FIRST MORTGAGES. AS A CDFI, NHS LENDING CAN ALSO DEPLOY FIRST MORTGAGES. BY LAYERING LOANS, NWB CAN LEVERAGE CAPITAL FUNDING TO OFFER QUALIFYING BUYERS AT LMI LEVELS THE RESOURCES TO BECOME SUCCESSFUL HOMEOWNERS. NWB UNDERWRITING CRITERIA ARE MORE FLEXIBLE, CREDIT SCORE REQUIREMENTS AND FEE ASSESSMENTS ARE LOWER THAN THOSE OF TRADITIONAL LENDERS, AND WE CAN PROVIDE ADDITIONAL DOWN PAYMENT AND CLOSING COST OPPORTUNITIES TO OUR LENDING CLIENTS AS WELL.
Expenses $448,582 · Revenue $160,312
As filed on the 2023 return.
Listed in Part VII
-
Morgan HoffmanMORGAN HOFFMAN
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Rabiou ManzoRABIOU MANZO
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Brad LishBRAD LISH
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Angie GribbleANGIE GRIBBLE
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Chris StrohCHRIS STROH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rachel AndersonRACHEL ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dawn DavisDAWN DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erin SorensenERIN SORENSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian YeargainBRIAN YEARGAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew PenaANDREW PENA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bud Compher JrBUD COMPHER JR
CEO
- Total calculated
- $115,377
- From this org
- $0
- From related orgs
- $111,946
- Other
- $3,431
- 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.
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.
-
501(C)(3) · COMMUNITY HOME LENDING · ID
-
GREATER BOISE DEVELOPMENT CORPORATION
501(C)(3) · SINGLE- AND MULTI-FAMILY HOUSING DEVELOPMENT PROJECTS · ID
-
501(C)(3) · SINGLE- AND MULTI-FAMILY HOUSING DEVELOPMENT PROJECTS · ID
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349321097
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