NonprofitsNew West Community Capital Inc

Community Improvement & Capacity Building

New West Community Capital Inc

BOISE, ID

Total revenue

$3.9M

Total expenses

$3.3M

Net assets

$14.4M

Grants received

$255K

3 grants

EIN

820523355

Tax year

2023

Mission

To increase access to capital for affordable housing and community facilities.

Financials

FY 2023

Revenue

Contributions & grants$288K
Program service revenue$2.6M
Investment income$1.1M
Other revenue
Total revenue$3.9M

Expenses

Grants paid
Salaries & benefits$1.0M
Fundraising
Other expenses$2.3M
Total expenses$3.3M
Total assets$55.8M
Net assets$14.4M

People

16 listed

NameRoleCompensation

DUTCH HAARSMA

PRESIDENT

Board

$285K

40 hrs/wk

CINDY WILLIAMS

SENIOR VP

Board

$204K

40 hrs/wk

LANETTE MARCUM

SEC/TREAS

Board

JOEL ADAMO

ASST SEC/TRE

Board

ARTURO PEREZ

BOARD MEMBER

Board

ALLISON GONSALVES

BOARD MEMBER

Board

SAHRA HALPERN

BOARD MEMBER

Board

JOE HERRING

BOARD CHAIR

Board

JACK PRESCOTT

BOARD MEMBER

Board

VICKIE OLDMAN

BOARD MEMBER

Board

CLAUDIA O'GRADY

BOARD MEMBER

Board

KAIA PETERSEN

BOARD MEMBER

Board

BRIAN MADDOX

BOARD MEMBER

Board

WARREN HEINRICH

BOARD MEMBER

Board

JENNIFER SEAMONS

IMMEDIATE PA

Board

JOHN JUAREZ

SENIOR COMMU

Staff

$160K

40 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$50K
NewWest lends primarily to nonprofit and for profit affordable housing developers. NewWest provides much needed permanent financing as well as predevelopment, land acquisition, mini-perm, and construction financing for affordable housing and community facilities. Community facilities are often tied to the economic improvement of a community by adding infrastructure basic to quality of life.
2023
$200K
FINANCE JUSTICE FUND SUBGRANT
2022
$5K
Idaho/Nevada Affordable Housing Initiative
2021

Funded by

$255K from 2 funders · 3 grants · 2021–2023

Opportunity Finance Network

$200K · 1 grant · 2022

Umpqua Bank Charitable Foundation

$55K · 2 grants · 2021–2023

Details

EIN820523355
NTEE codeS32
Subsection03
Ruling date2002-01
Formed2004
Employees6
NEW WEST COMMUNITY CAPITAL INC — Mission, Financials & Grants Received | Grantivo