2024-11-14T10:27:25-06:00 2023-12-31 330482495 GYL LLP 4120 CONCOURS SUITE 100 ONTARIO CA 91764 990 2023-01-01 954443057 NEW LIFE ECONOMIC DEVELOPMENT INC NEWL 3237785433 4859 WEST SLAUSON AVENUE 384 LOS ANGELES CA 90056 JOHN W HEATH BOARD PRESIDENT 3237785433 2024-11-14 1 1 JOSEPH ROMERO CPA P00441771 9099489990 X 2023 2024-10-15 13:58:12Z JOHN W HEATH 4859 WEST SLAUSON AVENUE 384 LOS ANGELES CA 90056 537757 0 X NEWLIFEEDC.ORG X 1993 CA PROVIDE AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT AND RELATED SERVICES TO LOW AND MODERATE INCOME COMMUNITIES. 5 4 8 0 0 0 0 0 533243 537775 0 0 0 -18 533243 537757 3000 400 0 0 396111 355039 0 0 0 222680 160870 621791 516309 -88548 21448 1161821 1204994 517046 495600 644775 709394 PROVIDE AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT AND RELATED SERVICES TO LOW AND MODERATE INCOME COMMUNITIES. 0 0 487877 400 537757 NEW LIFE MANAGES LOW AND MODERATE INCOME MULTIFAMILY HOUSING PROPERTIES IN SOUTH LOS ANGELES, ENABLING US TO PROVIDE CRITICAL SOCIAL SERVICES INCLUDING SEMINARS ON HEALTH & WELLNESS, FINANCIAL LITERACY TRAINING, DEALING WITH DEPRESSION AND MENTAL ILLNESS, BULLYING, ELDER ABUSE AND VARIOUS OTHER COMMUNITY SERVICES, I.E., HELPING VULNERABLE RESIDENTS APPLY FOR AND OBTAIN HOUSING, LOW INCOME TRANSPORTATION OPTIONS AND UTILITY RATE ASSISTANCE, ATTEND COMMUNITY LUNCHEONS AND EDUCATIONAL FIELD TRIPS AND PROVIDE HIGH QUALITY AFFORDABLE HOUSING TO AN UNDERSERVED POPULATION OF SEVERAL HUNDRED LOW AND MODERATE INCOME SENIORS AND FAMILIES. 487877 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X JOHN W HEATH BOARD PRESIDENT 3237785433 4859 WEST SLAUSON AVENUE 384 LOS ANGELES CA 90056 JOHN W HEATH BOARD PRESIDENT 40.00 X X 37250 0 0 FERRIS TRIMBLE BOARD MEMBER 2.00 X 0 0 0 DAVID MACZ BOARD MEMBER 2.00 X 0 0 0 CASSANDRA IVERSON SECRETARY 2.00 X X 0 0 0 QUENTIN STRODE TREASURER 2.00 X X 0 0 0 37250 0 0 0 0 0 0 0 ADMIN OPERATIONS 531310 352572 352572 MANAGEMENT FEES 531310 185203 185203 537775 PASS-THROUGH INCOME (L 531110 -18 -18 -18 537757 537757 0 0 X 400 400 37250 37250 258175 258175 5670 5670 30851 30851 23093 23093 6000 6000 60190 60190 12826 12826 2633 2633 11443 11443 13433 13433 2048 2048 1807 1807 5021 5021 860 860 33847 33847 TELECOMMUNICATIONS EXPE 4898 4898 AUTO EXPENSES 4213 4213 BANK CHARGES 865 865 LICENSES AND PERMITS 786 786 516309 487877 28432 0 44304 42054 4300 2795 2365 1505 1115152 1161435 1161821 1204994 17687 24070 499359 471530 517046 495600 X 644775 709394 644775 709394 1161821 1204994 21448 43171 0 X 0 0 0 X 7906 32588 64362 0 0 104856 7906 32588 64362 104856 7106 97750 104856 1673383 0.93220 0.93850 X 4300 2795 1505 1505 INVESTMENT - NLEDC, LP 1115152 C INVESTMENT - HALE MORRIS LEWIS MANOR LP -328 C INVESTMENT - RIVER GARDENS NEVADA LP -33 C INVESTMENT - FIGUEROA SENIOR HOUSING PRESERVATIONS LP 43733 C INVESTMENT - PARADISE PACIFIC ASSOCIATES LP -277 C INVESTMENT - LINDEN 143 LLC 3188 C 1161435 FORM 990, PART VI, SECTION B, LINE 11B A THOROUGH REVIEW OF FORM 990 IS DONE BY THE EXECUTIVE DIRECTOR AND SENIOR ACCOUNTANT TO MAKE SURE THAT ALL INFORMATION IS ACCURATE AND INPUT AND COMMENTS FROM THE BOARD OF DIRECTORS IS REQUESTED BEFORE THE RETURN IS APPROVED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES. THE GOVERNING BOARD HOLDS DELEGATED POWERS AND CONSIDERS THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 ALL CORPORATE INFORMATION IS ON FILE AT THE OFFICE; MEMBERS OF THE PUBLIC AS WELL AS BOARD MEMBERS HAVE THE RIGHT TO INSPECT DOCUMENTS DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 60,190. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,190. NLEDC LP 4859 W SLAUSON 384 LOS ANGELES CA 90056 954517822 RESIDENTIAL PROPERTY CA N/A RELATED 0 1 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0