Ncbw Housing Inc
- Assets
- $6.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 88-0178723
Organization Overview
Ncbw Housing Inc is located in Las Vegas, NV. The organization was established in 1946. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ncbw Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ncbw Housing Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HOUSING TOQUALIFIED SENIOR CITIZENS IN THE LAS VEGAS, NV AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE QUALITY LIVING FOR LOW-INCOME SENIOR CITIZENS IN LAS VEGAS, NEVADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Simpson Vice President | OfficerTrustee | 2 | $0 |
Phillip Hollon Trustee | Trustee | 1 | $0 |
Daniel S Amster Trustee | Trustee | 1 | $0 |
Drew Zidzik Secretary | OfficerTrustee | 2 | $0 |
Steve Schmitt Treasurer | OfficerTrustee | 2 | $0 |
Rian Ross Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,406,355 |
| Investment income | $2,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,408,707 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,450 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,681 |
| Payroll taxes | $14,915 |
| Fees for services: Management | $80,040 |
| Fees for services: Legal | $9,855 |
| Fees for services: Accounting | $10,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,192 |
| Office expenses | $34,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $190,983 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $356,211 |
| Insurance | $44,145 |
| All other expenses | $33,509 |
| Total functional expenses | $1,429,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,707 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,726 |
| Net Land, buildings, and equipment | $4,150,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $496,877 |
| Other assets | $2,135,949 |
| Total assets | $6,949,532 |
| Accounts payable and accrued expenses | $80,455 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,564,642 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,033 |
| Total liabilities | $5,676,130 |
| Net assets without donor restrictions | $1,273,402 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,949,532 |