NEW HEIGHTS COMMUNITY DEVELOPMENT CORPOR

EIN: 470790384 501(c)(3) Housing & Shelter

LINCOLN, NE

Total Revenue
$13,140
Total Expenses
N/A
Total Assets
$506,713
Net Assets
$200,617
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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
1995
Legal Domicile
NE
Principal Officer
SUSAN TATUM
Phone
4024779300
Tax Period
2024-01-01 to 2024-12-31

NEW HEIGHTS COMMUNITY DEVELOPMENT CORPOR, founded in 1995, is a micro nonprofit in the Housing & Shelter sector that reported $13K in total revenue in fiscal year 2024.

Mission

DEVELOP AND PARTICIPATE IN THE OWNERSHIP AND OPERATION OF LOW-INCOME HOUSING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,146
Other Revenue $9,994
TOTAL REVENUE $13,140

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $13,140 $-89,544 -1.1%
Expenses N/A N/A N/A
Net Income N/A $-89,544 N/A
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
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEY MUMAUGH PRESIDENT 1.00
Officer
$0 $0 $0
AARON BELL VICE PRESIDENT 1.00
Officer
$0 $0 $0
NICOLE HECHT-JURANEK BOARD MEMBER 1.00
Officer
$0 $0 $0
SUSAN TATUM SECRETARY/TREASURER 1.00
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
2024 $13,140 No data $506,713 No data
2023 $-89,544 No data $536,480 No data
2022 $-62,120 No data $615,761 No data
2021 $-96,192 No data $703,195 No data
2020 $-27,987 No data $823,506 No data
2019 $-63,123 No data $877,109 No data
2018 $-16,914 No data $973,000 No data
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