CITY OF NEW HAVEN IN MUNICIPAL BUILDING CORPORATION

EIN: 352049228

New Haven, IN

Total Revenue
$523,525
Total Expenses
$361,446
Total Assets
$8,379,085
Net Assets
$2,069,085
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IN
Principal Officer
Angela Hamrick
Phone
2607487012
Tax Period
2025-01-01 to 2025-12-31

CITY OF NEW HAVEN IN MUNICIPAL BUILDING CORPORATION, founded in 1997, is a small nonprofit that reported $524K in total revenue in fiscal year 2025. The organization ran a surplus of $162K, a strong 31% operating margin.

Mission

The organizations only purpose is to lease a City Hall to the City of New Haven IN

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $518,000
Investment Income $5,525
Other Revenue $0
TOTAL REVENUE $523,525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $361,446
Other Expenses $361,446
TOTAL EXPENSES $361,446

Year-over-Year Comparison

2025 2024 Change
Revenue $523,525 $547,342 0.0%
Expenses $361,446 $369,696 0.0%
Net Income $162,079 $177,646 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATALIE STROCK Chairwoman 0.00
Officer
$0 $0 $0
CHAD VAUGHAN Chairman 0.00
Officer
$0 $0 $0
BRANDON BRYANT SecretaryTreasurer 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $523,525 $361,446 $8,379,085 $162,079
2024 No data No data No data No data
2023 $238,793 $148,286 $8,379,360 $90,507
2022 $157,755 $104,815 $1,938,853 $52,940
2021 $313,003 $116,756 $2,175,913 $196,247
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