NEWWEST COMMUNITY CAPITAL INC (EIN 820523355) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

DUTCH HAARSMA

Phone

2083231545

Tax Period

2024-10-01 to 2025-09-30

NEWWEST COMMUNITY CAPITAL INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $5.2M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 32% operating margin.

Mission

TO INCREASE ACCESS TO CAPITAL FOR AFFORDABLE HOUSING AND COMMUNITY FACILITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $347,750

Program Service Revenue $4,349,652

Investment Income $477,938

Other Revenue $0

TOTAL REVENUE $5,175,340

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,019,330

Fundraising Expenses $0

Program Expenses $3,541,058

Other Expenses $2,521,728

TOTAL EXPENSES $3,541,058

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,175,340	$3,948,392	+0.3%
Expenses	$3,541,058	$3,304,736	+0.1%
Net Income	$1,634,282	$643,656	+1.5%

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

Governance

Voting Members

Independent Members

Employees

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

$518,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE HERRING	BOARD CHAIR	N/A	Director	$0	$0	$0
WARREN HEINRICH	BOARD MEMBER	N/A	Director	$0	$0	$0
JENNIFER SEAMONS	IMMEDIATE PA	N/A	Director	$0	$0	$0
LANETTE MARCUM	SEC/TREAS	N/A	Director	$0	$0	$0
JOEL ADAMO	ASST SEC/TRE	N/A	Director	$0	$0	$0
ARTURO PEREZ	BOARD MEMBER	N/A	Director	$0	$0	$0
ALLISON GONSALVES	BOARD MEMBER	N/A	Director	$0	$0	$0
SAHRA HALPERN	BOARD MEMBER	N/A	Director	$0	$0	$0
BRIAN MADDOX	BOARD MEMBER	N/A	Director	$0	$0	$0
JACK PRESCOTT	BOARD MEMBER	N/A	Director	$0	$0	$0
VICKIE OLDMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
CLAUDIA O'GRADY	BOARD MEMBER	N/A	Director	$0	$0	$0
KAIA PETERSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
DUTCH HAARSMA	PRESIDENT	40.00	Officer	$299,125	$0	$299,125
CINDY WILLIAMS	SENIOR VP	40.00	Officer	$219,625	$0	$219,625
ALEX BARDAWEEL	COM DEV LOAN	40.00	Highest	$100,940	$0	$100,940

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	$5,175,340	$3,541,058	$69,950,978	$1,634,282
2024	$3,948,392	$3,304,736	$55,759,686	$643,656
2023	$3,285,469	$2,268,594	$45,492,026	$1,016,875
2022	$3,085,847	$2,502,835	$45,251,574	$583,012
2021	$4,495,009	$2,438,154	$42,646,144	$2,056,855
2020	$4,038,766	$2,369,101	$39,130,852	$1,669,665
2019	$3,148,384	$2,287,716	$37,241,547	$860,668
2018	$2,901,925	$2,554,333	$35,969,340	$347,592

NEWWEST COMMUNITY CAPITAL INC