NOUVELLE HOUSING SOLUTIONS INC

EIN: 833031816 501(c)(3) Housing & Shelter

CLIFFSIDE PARK, NJ

Total Revenue
$205,871
Total Expenses
$176,859
Total Assets
$2,842,235
Net Assets
$516,740
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
MARY JANE BRUNI
Phone
9737260488
Tax Period
2024-01-01 to 2024-12-31

NOUVELLE HOUSING SOLUTIONS INC, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $206K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $177K left a modest 14% surplus.

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF PLANNING, BUILDING, OWNING, AND OPERATING HOUSING, COMMUNITY RESIDENCES, AND RESIDENTIAL FACILITIES FOR THE HOUSING, CARE, MAINTENANCE, AND WELL-BEING OF PERSONS WITH DISABILITIES, AND LOW AND MODERATE INCOME INDIVIDUALS, AND ALL BUILDINGS ACTUALLY OWNED, LEASED, OR USED IN THE WORK OF THE CORPORATION, FOR THE MORAL AND MENTAL IMPROVEMENT OF MEN, WOMEN, AND CHILDREN.

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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 $44,574
Program Service Revenue $123,178
Investment Income $-33,089
Other Revenue $71,208
TOTAL REVENUE $205,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $176,859
Other Expenses $176,859
TOTAL EXPENSES $176,859

Year-over-Year Comparison

2024 2023 Change
Revenue $205,871 $789,489 -0.7%
Expenses $176,859 $200,348 -0.1%
Net Income $29,012 $589,141 -1.0%
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

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Liquidity & Cash Position

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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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY JANE BRUNI EXECUTIVE DIRECTOR/TRUSTEE 5.00
Officer Director
$0 $0 $0
STEVE ADAMOWITZ TRUSTEE 5.00
Director
$0 $0 $0
TASO KATOPODIS TRUSTEE 5.00
Director
$0 $0 $0
LUCIANO BRUNI TRUSTEE 5.00
Director
$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 $205,871 $176,859 $2,842,235 $29,012
2023 $789,489 $200,348 $2,902,512 $589,141
2022 $108,108 $190,179 $2,072,530 $-82,071
2021 $76,305 $74,350 $1,844,088 $1,955
2020 $65,889 $87,186 $1,515,245 $-21,297
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