BRYAN, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW HOME DEVELOPMENT COMPANY INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $248K, a strong 21% operating margin.
TO OFFER AFFORDABLE HOUSING OPTIONS FOR PERSONS WITH NO TO LOW INCOMES AND WHO PRIMARILY HAVE A MENTAL ILLNESS.
NEW HOME DEVELOPMENT COMPANY, INC. (NHDC) OFFERS AFFORDABLE HOUSING OPTIONS FOR PERSONS WITH NO TO MODERATE INCOMES. NHDC CURRENTLY OWNS 56 HOUSING UNITS THAT HAVE BEEN ACQUIRED THROUGH GRANTS AND...
NEW HOME DEVELOPMENT COMPANY, INC. (NHDC) OFFERS AFFORDABLE HOUSING OPTIONS FOR PERSONS WITH NO TO MODERATE INCOMES. NHDC CURRENTLY OWNS 56 HOUSING UNITS THAT HAVE BEEN ACQUIRED THROUGH GRANTS AND MORTGAGES. RENTS CHARGED ARE BASED ON 30-35% OF HOUSEHOLD INCOME. NHDC ALSO ADMINISTERS A RENT SUBSIDY PROGRAM. NHDC MAY ASSIST WITH EMERGENCY ASSISTANCE WHEN FUNDING IS AVAILABLE. NHDC MAY RENT TO PERSONS WITH $0 INCOME WHO PAY $0 FOR RENT ON A TEMPORARY BASIS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,187,907 | $851,565 | +0.4% |
| Expenses | $939,780 | $874,222 | +0.1% |
| Net Income | $248,127 | $-22,657 | -12.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CAREN BAUER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$94,459 | $8,527 | $102,986 |
| TIM BOWLING | CHAIR (THRU 11/15/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLEE URAN | CHAIR (BEGIN (01/25) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HANCOCK | VICE CHAIR (INTERIM CHAIR 11/24 - 01/25) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GINNY STERLING | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAKE ARNOLD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DARBY HILDEBRANDT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARB HOMIER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE JACOBS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WHITNEY RENARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,187,907 | $939,780 | $3,067,560 | $248,127 |
| 2024 | $851,565 | $874,222 | $2,922,302 | $-22,657 |
| 2023 | $1,231,703 | $817,399 | $2,985,899 | $414,304 |
| 2022 | $860,456 | $744,993 | $2,684,474 | $115,463 |
| 2021 | $656,142 | $583,363 | $2,630,121 | $72,779 |
| 2020 | $668,762 | $582,908 | $2,618,115 | $85,854 |
| 2019 | $630,128 | $592,949 | $2,614,346 | $37,179 |
| 2018 | $600,396 | $571,830 | $2,566,749 | $28,566 |
Compare NEW HOME DEVELOPMENT COMPANY INC with other nonprofits in Ohio and across the country.