2025-11-17T13:24:57-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 1188 PADRE DRIVE STE 101 SALINAS CA 93901 990 2024-01-01 474091853 NEW WAY HOMES INC NEWW 8314194091 1040 MYSTERY SPOT ROAD SANTA CRUZ CA 95065 SIBLEY SIMON PRESIDENT 8314194091 2025-11-14 1 1 KIELY HOLCOMB CPA P01430569 8317596300 2025-11-14 2024 2025-03-06 01:10:19Z SIBLEY SIMON 1040 MYSTERY SPOT ROAD SANTA CRUZ CA 95065 1235459 0 X WWW.NEWWAYHOMES.ORG X 2015 CA TO SIGNIFICANTLY INCREASE THE AVAILABILITY AND AFFORDABILITY OF RENTAL HOUSING TO VULNERABLE AND LOW INCOME POPULATIONS BY MAKING CHARITABLE LOANS THAT ARE USED TO INCREASE THE RATE OF DEVELOPMENT OF NEW AFFORDABLE HOUSING INCLUDING WITHIN MIXED INCOME HOUSING PROJECTS. 9 9 3 20 0 0 4045225 699736 22071 16960 622966 518763 25242 0 4715504 1235459 1000 2500 0 0 165724 152410 0 0 3063 1047266 678688 1213990 833598 3501514 401861 10557458 11994685 6588692 7624058 3968766 4370627 X NEW WAY HOMES WAS FORMED TO SIGNIFICANTLY INCREASE THE AVAILABILITY AND AFFORDABILITY OF RENTAL HOUSING TO VULNERABLE AND LOW INCOME POPULATIONS BY MAKING CHARITABLE LOANS THAT ARE USED TO INCREASE THE RATE OF DEVELOPMENT OF NEW AFFORDABLE HOUSING INCLUDING WITHIN MIXED INCOME HOUSING PROJECTS. 0 0 729541 2500 16960 DURING 2024 NEW WAY HOMES FURTHERED ITS MISSION TO INCREASE AFFORDABLE/LOW-INCOME HOUSING BY MAKING PRE-DEVELOPMENT LOANS TOTALING $1,652,166.45 AND DIRECTLY PAYING PREDEVELOPMENT EXPENSES TOTALING $249,105.97. 729541 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 144 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X SIBLEY SIMON 8314194091 1040 MYSTERY SPOT ROAD SANTA CRUZ CA 95065 X SIBLEY SIMON PRESIDENT 18.50 0.00 X X 0 0 0 JOHN BALLARD TREASURER (END 11/15/24) 1.25 0.00 X X 0 0 0 ROBERT SINGLETON SECRETARY 0.50 0.00 X X 0 0 0 JAMES RECTOR DIRECTOR 0.50 0.00 X 0 0 0 CHRISTINE SIPPL DIRECTOR 0.50 0.00 X 0 0 0 UCHE UWAHEMU DIRECTOR 0.50 0.00 X 0 0 0 ANDREW OW DIRECTOR 0.50 0.00 X 0 0 0 MICAH SILVEY DIRECTOR 0.50 0.00 X 0 0 0 OWEN LAWLOR DIRECTOR 0.50 0.00 X 0 0 0 AURA OSLAPAS DIRECTOR 0.50 0.00 X 0 0 0 ELAINE JOHNSON HSCC EXECUTIVE DIRECTOR 40.00 0.00 X 116724 0 725 116724 0 725 1 0 0 0 WORKBENCH 189 WALNUT AVENUE SANTA CRUZ CA 95060 CONSTRUCTION MGMT 172854 1 224437 475299 699736 PROGRAM SERVICE FEES 900099 16960 16960 16960 488383 488383 30380 0 30380 30380 30380 1235459 16960 0 518763 X 2500 2500 136665 136665 3872 3872 11873 11873 74575 74575 323446 323446 5450 5450 920 920 3063 3063 12915 12915 225906 225906 1244 1244 16779 8725 8054 DUES AND SUBSCRIPTIONS 8513 8513 MISCELLANEOUS 5000 5000 LICENSE & PERMITS 877 877 833598 729541 100994 3063 711711 2012748 484920 738631 2174975 53446 6955938 8032418 912558 13765 25270 3848 705 0 3143 216149 216471 10557458 11994685 256693 202253 6331999 7421805 6588692 7624058 X 1457153 2479696 2511613 1890931 3968766 4370627 10557458 11994685 401861 0 X 0 0 0 X 178170 175404 314713 4045225 699736 5413248 178170 175404 314713 4045225 699736 5413248 86416 5326832 131181 190751 227067 438722 488383 1476104 25242 25242 6914594 54693 0.77040 0.81940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 1 1 1000 1 1 0 1000 0 3848 705 3143 3143 NOTES PAYABLE 7421805 7421805 ENVISION I LLC OFFICER HAS FINANCIAL INTEREST PRE-DEVELOPMENT WORK ON VARIOUS HOUSING PROJECTS X 6200000 6628481 0 1 1 ENVISION II LLC OFFICER HAS FINANCIAL INTEREST PRE-DEVELOPMENT WORK ON VARIOUS HOUSING PROJECTS X 580000 677073 0 1 1 841 CAPITOLA LLC OFFICER HAS FINANCIAL INTEREST PRE-DEVELOPMENT WORK ON VARIOUS HOUSING PROJECTS X 675000 726864 0 1 1 8032418 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C NWH CONFLICT OF INTEREST POLICY COVERS INTERESTED PERSONS AS DEFINED AS ANY DIRECTOR, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS OR ANY OTHER PERSON WHO IS A "DISQUALIFIED PERSON" AS DEFINED IN SECTION 4958(F) OF THE INTERNAL REVENUE CODE, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF FACTS AND DISCUSSION WITH THE INTERESTED PERSON, THEY WILL BE ASKED TO LEAVE THE BOARD MEETING, THE BOARD WILL FURTHER DISCUSS AND THEN VOTE ON HOW TO PROCEED WITH THE TRANSACTION OR ARRANGEMENT. IF THE TRANSACTION OR ARRANGEMENT IS VOTED ON TO PROCEED, THEN A DISINTERESTED PERSON WILL BE APPOINTED TO OVERSEE SUCH TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION'S COMPENSATION POLICY REQUIRES BOARD OR COMPENSATION COMMITTEE REVIEW OF COMPARABILITY DATA. THE BOARD OR COMPENSATION COMMITTEE DOCUMENTS THE DELIBERATION AND DECISIONS MADE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HOLDS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AT ITS REGISTERED PLACE OF BUSINESS AND MAKES THEM AVAILABLE UPON REQUEST TO ANY MEMBER OF THE PUBLIC. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 323,446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 323,446. ST JOHN'S HOUSE LLC 732 RIVERSIDE AVENUE SANTA CRUZ CA 95060 331805778 AFFORDABLE HOUSING DEVELOPMENT CA N/A INVESTMENT 6 6 0 0 0.01000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0