Council Bluffs, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Community Development Corporation, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $3.3M left a modest 9% surplus.
Provides safe, affordable and quality housing for low and moderate income families in Douglas & Sarpy NE & Pottawattamie County IA, with an emphasis in Omaha/Council Bluffs metropolitan area.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,680,143 | $5,129,298 | -0.3% |
| Expenses | $3,346,247 | $3,618,624 | -0.1% |
| Net Income | $333,896 | $1,510,674 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Hazlewood | Chief Executive Officer | 40.00 |
Officer
|
$90,488 | $13,675 | $104,163 |
| Phyllis Peterson | Chief Operating Officer | 40.00 |
Officer
|
$69,970 | $17,464 | $87,434 |
| Ruy Acevedo | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tim German | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Aaron Hoffman | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Trey Simpson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Ryne Bessmer | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Gorman | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Joshua Berry | Board President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lara Huskey | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ernest White | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Teresa Hunter | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,680,143 | $3,346,247 | $13,621,225 | $333,896 |
| 2023 | $5,129,298 | $3,618,624 | $13,095,212 | $1,510,674 |
| 2022 | $3,302,380 | $2,301,571 | $11,220,340 | $1,000,809 |
| 2021 | $1,958,649 | $1,963,464 | $9,641,200 | $-4,815 |
| 2020 | $2,447,458 | $1,768,288 | $8,233,458 | $679,170 |
| 2019 | $2,307,619 | $1,916,578 | $8,232,965 | $391,041 |
| 2018 | $2,538,979 | $1,904,752 | $8,905,380 | $634,227 |
Compare New Community Development Corporation with other nonprofits in Iowa and across the country.