Nonprofit · EIN 85-0406074
NEWLIFE HOMES INC
Tax-exempt · ALBUQUERQUE, NM 87199
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 (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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN BLOOMFIELD | EXECUTIVE DI Trustee or director | 8 | $34,932 |
| PAUL VAN GULICK | PRESIDENT/TR Trustee or director | 0.2 | $0 |
| PATRICIA RAY | SECRETARY Trustee or director | 0.2 | $0 |
| CHANDRA DORAN | DIRECTOR Trustee or director | 0.2 | $0 |
| RUSSELL THOMPSON | DIRECTOR 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
- Website
- WWW.NEWLIFEHOMESNM.COM
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: John Bloomfield | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | $625,279 | $831,321 | $7,146,167 | XML |
| 990 | June 2023 | $572,791 | $732,287 | $7,405,647 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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.
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