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New Community Development Corporation

New Community Development Corporation

Council Bluffs, IA 51501
Tax ID47-0754453

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About this organization

Revenue

$2,538,979

Expenses

$1,904,752

Mission

NeighborWorks® Home Solutions stimulates revitalization of neighborhoods by creating quality housing choices in the communities we serve.

About

In its efforts to provide safe, affordable, and high quality housing to low and moderate income families, the organization had a dramatic impact on the local community. The organization placed 3 new homeowners in energy efficient, quality homes and started construction on 4 other new homes. The INFIL program has bridged the affordability gap with down payment assistance for qualified buyers of newly constructed homes while increasing the tax base. And the construction trades partnership between the organization and Iowa Western Community College has simultaneously addressed the needs for both increased affordable housing for low to moderate income working families and quality training for students preparing for careers in the construction industry. The organization also operated 369 rental units.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “Provides safe, affordable, and quality housing for low and moderate income families in douglas & sarpy ne & pottowattamie county ia, with an emphesis in omaha/council bluffs metropolitan area.”.

When explaining its duties, they were described as: “Provides safe, affordable, and quality housing for low and moderate income families in douglas & sarpy ne & pottowattamie county ia, with an emphesis in omaha/council bluffs metropolitan area.”.

  • The state in which the non-profit is authorized to operate legally is IA.
  • According to the filing, the address of the non-profit for the year 2020 is 222 SOUTH 6TH STREET, COUNCIL BLUFFS, IA, 51501.
  • The non-profit has reported 4 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $634,227.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1992.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $227,790 in salary, compensation, and benefits to its employees.
  • The organization pays $13,857 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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