NonprofitsNew Way Homes Inc

Human Services

New Way Homes Inc

SANTA CRUZ, CA

Total revenue

$1.2M

Total expenses

$834K

Net assets

$4.4M

Grants received

$3.7M

22 grants

EIN

474091853

Tax year

2024

Mission

To significantly increase the availability and affordability of rental housing to vulnerable and low income populations by making charitable loans that are used to increase the rate of development of new affordable housing including within mixed income housing projects.

Financials

FY 2024

Revenue

Contributions & grants$700K
Program service revenue$17K
Investment income$519K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$3K
Salaries & benefits$152K
Fundraising$3K
Other expenses$679K
Total expenses$834K
Total assets$12.0M
Net assets$4.4M

People

11 listed

NameRoleCompensation

JOHN BALLARD

TREASURER (END 11/15/24)

Board

1.25 hrs/wk

ROBERT SINGLETON

SECRETARY

Board

0.5 hrs/wk

JAMES RECTOR

DIRECTOR

Board

0.5 hrs/wk

CHRISTINE SIPPL

DIRECTOR

Board

0.5 hrs/wk

SIBLEY SIMON

PRESIDENT

Board

18.5 hrs/wk

ANDREW OW

DIRECTOR

Board

0.5 hrs/wk

MICAH SILVEY

DIRECTOR

Board

0.5 hrs/wk

OWEN LAWLOR

DIRECTOR

Board

0.5 hrs/wk

AURA OSLAPAS

DIRECTOR

Board

0.5 hrs/wk

UCHE UWAHEMU

DIRECTOR

Board

0.5 hrs/wk

ELAINE JOHNSON

HSCC EXECUTIVE DIRECTOR

Staff

$117K

40 hrs/wk

Independent contractors

WORKBENCH

CONSTRUCTION MGMT

$173K

Grants received

Showing 22 of 22

FromAmountPurposeYear
$100K
GENERAL OPERATING SUPPORT, ST. JOHN'S HOUSE
2024
$30K
General support
2024
$10K
FOR ANNUAL DONATION
2024
$10K
GENERAL OPERATING SUPPORT, ST. JOHN'S HOUSE
2024
$3.1M
Housing and Transportation
2023
$50K
TO SUPPORT THE HOUSING SANTA CRUZ COUNTY PROJECT. TO SUPPORT THE HOUSING SANTA CRUZ COUNTY PROJECT.
2023
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
General support
2023
$21K
FOR HOUSING SANTA CRUZ COUNTY
2023
$15K
GENERAL SUPPORT
2023
$11K
FOR GENERAL OPERATING SUPPORT
2023
$10K
FOR ANNUAL DONATION
2023
$100K
LOCAL GRANTMAKING
2022
$25K
Housing Santa Cruz County Fund
2022
$24K
FOR GENERAL OPERATING SUPPORT
2022
$12K
Housing and Transportation
2022
$10K
GENERAL SUPPORT
2022
$15K
Housing and Transportation
2020
$10K
For grant recipient's exempt purposes
2020
$10K
GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES
2020

Funded by

$3.7M from 12 funders · 22 grants · 2020–2024

Silicon Valley Community Foundation

$3.2M · 3 grants · 2020–2023

Community Foundation Santa Cruz

$167K · 5 grants · 2022–2024

Cottonwood Spring

$80K · 3 grants · 2022–2024

The San Francisco Foundation

$50K · 1 grant · 2023

Sunlight Giving

$25K · 2 grants · 2022–2023

Details

EIN474091853
NTEE codeP20
Subsection03
Ruling date2017-06
Formed2015
Employees3
Volunteers20
NEW WAY HOMES INC — Mission, Financials & Grants Received | Grantivo