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Nonprofit · EIN 34-1674869

NEW HOME DEVELOPMENT CO INC

Tax-exempt · BRYAN, OH 43506

Financials

$1.2M$817K2022$852K$874K2023$1.2M$940K2024
Revenue Expenses · by fiscal year end
Financials of NEW HOME DEVELOPMENT CO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,187,907$939,780$248,127$3,067,560$736,408$2,331,152
June 30, 2024990$851,565$874,222-$22,657$2,922,302$845,425$2,076,877
June 30, 2023990$1,231,703$817,399$414,304$2,985,899$886,365$2,099,534
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$321,776
of which government grants
$71,776
Program service revenue
$731,890
Investment income
$7,578
Other revenue
$126,663

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$114,917
Other salaries and wages
$395,947
Salaries, compensation and benefits (total)
$574,220
Professional fundraising fees
$0
Occupancy
$48,180
Travel
$10,351
Depreciation
$120,357
Program services (functional)
$689,109
Management and general (functional)
$250,671

Balance sheet and other

Total assets, start of year
$2,922,302
Total assets, end of year
$3,067,560
Total liabilities, end of year
$736,408
Net assets, end of year
$2,331,152
Land, buildings and equipment
$2,690,831
Net assets without donor restrictions
$2,331,152
Gross receipts
$1,187,907
Employees
21
Volunteers
9
Year formed
1990
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CAREN BAUEREXECUTIVE DIRECTOR
Officer
40$94,459$8,527
TIM BOWLINGCHAIR (THRU 11/15/24)
Trustee or director, Officer
1$0$0
KYLEE URANCHAIR (BEGIN (01/25)
Trustee or director, Officer
1$0$0
JOHN HANCOCKVICE CHAIR (INTERIM CHAIR 11/24 - 01/25)
Trustee or director, Officer
1$0$0
GINNY STERLINGSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
JAKE ARNOLDDIRECTOR
Trustee or director
1$0$0
DARBY HILDEBRANDTDIRECTOR
Trustee or director
1$0$0
BARB HOMIERDIRECTOR
Trustee or director
1$0$0
MIKE JACOBSDIRECTOR
Trustee or director
1$0$0
WHITNEY RENARDDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
CAREN BAUEREXECUTIVE DIRECTOR
Officer
40$97,842$4,192
TIM BOWLINGBOARD CHAIR
Trustee or director, Officer
1$0$0
JOHN HANCOCKVICE CHAIR
Trustee or director, Officer
1$0$0
GINNY STERLINGSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
MIKE JACOBSDIRECTOR
Trustee or director
1$0$0
KYLEE URANDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
CAREN BAUEREXECUTIVE DIRECTOR
Officer
40$86,540$3,503
JOHN HANCOCKVICE CHAIR
Trustee or director, Officer
1$0$0
KYLEE URANDIRECTOR
Trustee or director
1$0$0
GINNY STERLINGSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
TIM BOWLINGBOARD CHAIR
Trustee or director, Officer
1$0$0
MIKE JACOBSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
617 N WALNUT ST APT 12, BRYAN, OH 43506-1052
In care of
% CAREN BAUER
Principal officer (990 for 2024)
JESSICA KLINE, 617 NORTH WALNUT STREET APT 12, BRYAN, OH 43506
Signed the 990
JESSICA KLINE, EXECUTIVE DIRECTOR
Phone
(419) 519-3075
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO OFFER AFFORDABLE HOUSING OPTIONS FOR PERSONS WITH NO TO LOW INCOMES AND WHO PRIMARILY HAVE A MENTAL ILLNESS.

990 for the year ended June 30, 2025

Program accomplishments

  • NEW HOME DEVELOPMENT COMPANY, INC. (NHDC) OFFERS AFFORDABLE HOUSING OPTIONS FOR PERSONS WITH NO TO MODERATE INCOMES. NHDC CURRENTLY OWNS 56 HOUSING UNITS THAT HAVE BEEN ACQUIRED THROUGH GRANTS AND MORTGAGES. RENTS CHARGED ARE BASED ON 30-35% OF HOUSEHOLD INCOME. NHDC ALSO ADMINISTERS A RENT SUBSIDY PROGRAM. NHDC MAY ASSIST WITH EMERGENCY ASSISTANCE WHEN FUNDING IS AVAILABLE. NHDC MAY RENT TO PERSONS WITH $0 INCOME WHO PAY $0 FOR RENT ON A TEMPORARY BASIS.
    Expenses $689,109 · revenue $731,890

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-1674869
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,067,560
Income (IRS master file)
$1,187,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,187,907$939,780$3,067,560XML
990June 2024$851,565$874,222$2,922,302XML
990June 2023$1,231,703$817,399$2,985,899XML
990June 2022$860,456$744,993$2,684,474IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1674869).

Questions about NEW HOME DEVELOPMENT CO INC

What is the EIN of NEW HOME DEVELOPMENT CO INC?
The employer identification number (EIN) of NEW HOME DEVELOPMENT CO INC is 34-1674869.
Is NEW HOME DEVELOPMENT CO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to NEW HOME DEVELOPMENT CO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW HOME DEVELOPMENT CO INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW HOME DEVELOPMENT CO INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW HOME DEVELOPMENT CO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW HOME DEVELOPMENT CO INC?
The 990 for the year ended June 30, 2025 names JESSICA KLINE.
Who are the officers and directors of NEW HOME DEVELOPMENT CO INC?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $94,459 (CAREN BAUER, EXECUTIVE DIRECTOR).
How much revenue does NEW HOME DEVELOPMENT CO INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,187,907, expenses of $939,780 and total assets of $3,067,560 at year end.

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