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Nonprofit · EIN 85-0406074

NEWLIFE HOMES INC

Tax-exempt · ALBUQUERQUE, NM 87199

Financials

$625K$831K2023
Revenue Expenses · by fiscal year end
Financials of NEWLIFE HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990 (amended)$625,279$831,321-$206,042$7,146,167$7,688,093-$541,926
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$609,881
Investment income
$15,223
Other revenue
$175

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$34,932
Salaries, compensation and benefits (total)
$34,932
Professional fundraising fees
$0
Legal fees
$1,366
Accounting fees
$11,879
Occupancy
$274,942
Depreciation
$194,419
Program services (functional)
$561,161
Management and general (functional)
$270,160

Balance sheet and other

Total assets, start of year
$7,405,647
Total assets, end of year
$7,146,167
Total liabilities, end of year
$7,688,093
Net assets, end of year
-$541,926
Land, buildings and equipment
$5,251,368
Net assets without donor restrictions
-$541,926
Gross receipts
$625,279
Employees
1
Year formed
1992
State of legal domicile
NM

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN BLOOMFIELDEXECUTIVE DI
Trustee or director
8$34,932
PAUL VAN GULICKPRESIDENT/TR
Trustee or director
0.2$0
PATRICIA RAYSECRETARY
Trustee or director
0.2$0
CHANDRA DORANDIRECTOR
Trustee or director
0.2$0
RUSSELL THOMPSONDIRECTOR
Trustee or director
0.2$0

Address and contacts

Address (IRS master file)
PO BOX 90486, ALBUQUERQUE, NM 87199-0486
Mailing address (990-N for 2024)
PO Box 51055, Albuquerque NM 87181
Principal officer (990 for 2023)
JOHN BLOOMFIELD, PO BOX 51055, ALBUQUERQUE, NM 87181
Principal officer (990-N for 2024)
John Bloomfield, PO Box 51055, Albuquerque NM 87181
Signed the 990
JOHN BLOOMFIELD, EXECUTIVE DIRECTOR
Phone
(505) 293-7553
Return prepared by
WATERS & COMPANY LLC

Mission

TO FOSTER THE DEVELOPMENT OF HOUSING FOR PERSONS WITH PSYCHIATRIC DISABILITIES AND/OR PERSONS OF VERY LOW INCOME WITHIN THAT PURPOSE, THE ORGANIZATION SHALL ENGAGE IN ACTIVITIES TO CREATE, DEVELOP, OPERATE OR SUPPORT VARIOUS HOUSING OPTIONS FOR PERSONS WITH PSYCHIATRIC DISABILITIES AND VERY LOW INCOME.

990 for the year ended June 30, 2024

Program accomplishments

  • PROVIDED VERY LOW INCOME AND DISABLED PERSONS, WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.
    Expenses $561,161 · revenue $609,881

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-0406074
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Unknown (Z99Z)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: John Bloomfield
June 30, 2025≤ $50,000 receipts––e-Postcard
990June 2024$625,279$831,321$7,146,167XML
990June 2023$572,791$732,287$7,405,647IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 85-0406074).

Questions about NEWLIFE HOMES INC

What is the EIN of NEWLIFE HOMES INC?
The employer identification number (EIN) of NEWLIFE HOMES INC is 85-0406074.
Is NEWLIFE HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to NEWLIFE HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEWLIFE HOMES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEWLIFE HOMES 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 NEWLIFE HOMES INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
Who is the principal officer of NEWLIFE HOMES INC?
The 990 for the year ended June 30, 2024 names JOHN BLOOMFIELD.
Who are the officers and directors of NEWLIFE HOMES INC?
The 990 for the year ended June 30, 2024 lists 5 people; 1 received compensation from the organization, the highest $34,932 (JOHN BLOOMFIELD, EXECUTIVE DI).
How much revenue does NEWLIFE HOMES INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $625,279, expenses of $831,321 and total assets of $7,146,167 at year end.

Other nonprofits in ALBUQUERQUE

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