2024-12-04T17:24:34-05:00 2023-12-31 474682450 BELLENFANT PLLC 2919 BERRY HILL DRIVE NASHVILLE TN 37204 990 2023-01-01 621873654 NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION NEWL PO BOX 218430 NASHVILLE TN 37221 TERESA SKIPPER EXECUTIVE DIREC 6156270347 2024-11-27 true true JOHN BELLENFANT CPA P01625858 6153708700 2024-12-04 2023 2024-10-15 13:58:12Z TERESA SKIPPER 2391681 false X WWW.NEWLEVELCDC.ORG X 2001 TN NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION ADVOCATES FOR LOW-TO-MODERATE INCOME COMMUNITY BY WORKING WITH LEGISLATORS, OTHER NON-PROFITS, AND PRIVATE DEVELOPERS TO CREATE MORE AFFORDABLE HOMES IN NASHVILLE. 9 9 4 12 0 0 871394 90732 218307 2244802 1391 12132 11615 44015 1102707 2391681 0 0 267881 328293 0 0 278606 419960 546487 748253 556220 1643428 15237547 8229336 10238855 1587216 4998692 6642120 NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION ADVOCATES FOR LOW-TO-MODERATE INCOME COMMUNITY BY WORKING WITH LEGISLATORS, OTHER NON-PROFITS, AND PRIVATE DEVELOPERS TO CREATE MORE AFFORDABLE HOMES IN NASHVILLE. false false 516561 90732 244285 THE AFFORDABLE HOUSING PROGRAM WORKS WITH COMMUNITY PARTNERS TO PROVIDE HOMES FOR PEOPLE WITH LOW TO MODERATE INCOMES IN NEED OF AFFORDABLE HOUSING. PROGRAMS INCLUDE HOME OWNERSHIP WITH DOWN PAYMENT ASSISTANCE AND AFFORDABLE RENTAL UNITS. THE CORPORATION USES OFFICE SPACE DONATED BY MT ZION BAPTIST CHURCH, WHICH HAS BEEN RECORDED AS AN IN-KIND DONATION. THE RECORDED FAIR MARKET VALUE OF THE PORTION OF THIS DONATION RELATED TO AFFORDABLE AND RENTAL HOUSING IS $2,716. HOME BUYER EDUCATION IS A 1 DAY, 6 HOUR COURSE OFFERED ONCE PER MONTH FROM JANUARY THROUGH OCTOBER, AND IS TAUGHT BY TRAINED CERTIFIED INSTRUCTORS. THEY ALSO PROVIDE A 1 HOUR PRIVATE CONSULTATION. THE CURRICULUM USED IS PROVIDED BY NEIGHBOR WORKS AMERICA. IN ADDITION, HOUSING COUNSELING IS PROVIDED AS NEEDED TO ASSIST INDIVIDUALS. FINANCIAL EDUCATION IS PROVIDED THROUGH INDIVIDUAL COACHING SESSIONS. SOME INDIVIDUALS WHO COMPLETE THE REQUIRED 10 HOURS OF FINANCIAL EDUCATION COURSE WORK AND MEET ELIGIBILITY REQUIREMENTS ENTER INTO A MATCHING SAVINGS PROGRAM TO HELP THEM ESTABLISH SAVINGS HABITS AND BEGIN TO BUILD ASSETS. ONCE THEY REACH THEIR SAVINGS GOAL, THEY MAY RECEIVE MATCH DOLLARS TO HELP THEM PURCHASE A HOME, START A SMALL BUSINESS, OR CONTINUE THEIR POST SECONDARY EDUCATION. THE CORPORATION USES OFFICE SPACE DONATED BY MT ZION BAPTIST CHURCH, WHICH HAS BEEN RECORDED AS AN IN-KIND DONATION. THE RECORDED FAIR MARKET VALUE OF THE PORTION OF THIS DONATION RELATED TO FINANCIAL EDUCATION IS $27,158. 516561 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 4 true false false false false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false false TN X TERESA SKIPPER 6156270347 1112 JEFFERSON ST NASHVILLE TN 37208 TERESA SKIPPER EXECUTIVE DIRECTOR 50.00 0.00 X X 99000 0 0 BARRY GREER DIRECTOR 1.00 0.00 X 0 0 0 BRIAN BRADSHAW DIRECTOR 1.00 0.00 X 0 0 0 SHANNON FITZPATRIC DIRECTOR 1.00 0.00 X 0 0 0 LUIS PARODI DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL LUMMUS DIRECTOR 1.00 0.00 X 0 0 0 BRIAN JORDAN PRESIDENT 2.00 0.00 X X 0 0 0 JEFF RUPRIGHT TREASURER 2.00 0.00 X X 0 0 0 LENEIVA HEAD SECRETARY 2.00 0.00 X X 0 0 0 PAULA ROBERTS VICE PRESIDENT 2.00 0.00 X X 0 0 0 99000 0 0 0 false false false 90732 90732 RENTAL INCOME 531110 244285 244285 PROGRAM FEES 900099 13683 13683 CONSTRUCTION PROG SVCS 900099 1986834 1986834 2244802 12132 12132 MISCELLANEOUS 900099 44015 44015 44015 2391681 2288817 0 12132 99000 49500 49500 194664 98495 96169 34629 17263 17366 30796 27048 3748 26106 26106 13585 3991 9594 4236 4236 5874 5874 42529 40408 2121 46316 32161 14155 REPAIRS & MAINTENANCE 191861 191861 PROPERTY TAXES 23004 23004 35653 22720 12933 748253 516561 231692 0 3495151 1888602 29157 53860 169700 169700 9912205 4526829 2015460 425115 1631334 1590345 15237547 8229336 73683 386687 10119919 1146667 45253 53862 10238855 1587216 X 4998692 6642120 4998692 6642120 15237547 8229336 1643428 0 X false true X true false X 701013 1267169 470812 871394 90732 3401120 407781 303147 220744 229922 2288817 3450411 1108794 1570316 691556 1101316 2379549 6851531 6851531 1799 2682 62 1391 12132 18066 1799 2682 62 1391 12132 18066 44000 44000 1110593 1572998 735618 1102707 2391681 6913597 0.99100 0.95670 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 390725 390725 1606413 406793 1199620 9858 9858 8464 8464 1590345 RENTAL DEPOSITS 17704 CAPITAL RESERVE 29543 CREDIT CARD 6615 53862 X 2418839 27158 27158 2391681 2391681 775411 27158 27158 748253 748253 Footnote for uncertain tax position under FIN 48 (Part X) THE CORPORATION HAS EVALUATED ITS TAX POSITIONS IN ACCORDANCE WITH THE CODIFICATION STANDARD RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION BELIEVES THAT IT HAS TAKEN NO UNCERTAIN TAX POSITIONS. Form 990 governing body review Part VI line 11 THE EXECUTIVE DIRECTOR AND BOOKKEEPER CONDUCT A REVIEW OF THE 990 BEFORE SENDING TO THE BOARD FINANCE COMMITTEE. ONCE REVIEWED BY THE FINANCE COMMITTEE, THE 990 IS SENT TO THE FULL BOARD OF DIRECTORS. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATION HAS A WRITTEN CODE OF CONDUCT THAT ADDRESSES CONFLICTS OF INTEREST. THE POLICY REQUIRES AN ANNUAL WRITTEN DISCLOSURE OF CONFLICTS OF INTEREST. IF AN EMPLOYEE IS UNCLEAR WHETHER A CONFLICT OF INTEREST EXISTS, THE EXECUTIVE DIRECTOR WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS FOR THE EMPLOYEE. IF THE EXECUTIVE DIRECTOR HAS A POTENTIAL CONFLICT OF INTEREST, THE BOARD OF DIRECTORS WILL REVIEW AND DETERMINE IF A CONFLICT EXISTS. BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT UPON ELECTION TO THE BOARD. CEO executive director top management comp Part VI line 15a COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD OF DIRECTORS. Other officer or key employee compensation Part VI line 15b COMPENSATION OF KEY EMPLOYEES IS REVIEWED BY THE BOARD OF DIRECTORS. Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED TO BOARD OF DIRECTORS AT THE BEGINNING OF THEIR TERM. BOTH ARE PUBLICLY AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PRESENTED AT LEAST QUARTERLY TO THE BOARD OF DIRECTORS. ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE BY VISITING GUIDESTAR.ORG OR BY REQUESTING DIRECTLY.