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Nueva Esperanza Housing And Economic Development

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.28M (2023)

Expenses
$1.05M (2023)

Total Assets
$4.94M (2023)

Total Liabilities
$3.14M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,275,122
Expenses
$1,054,468
Net Income
$220,654
Net Assets
$1,797,489
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,193,164
93.6%
Program Services $81,918
6.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $40
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $619,186
58.7%
Assets/Debt
Total Assets $4,941,252
Total Liabilities $3,143,763
Net Assets $1,797,489
Compensation
Key Employees and Officers Compensation Related Other
Rev Danny Cortes (Board Treasurer) $0 $237,897 $50,226
Walter Toliver (Board Member) $0 $183,327 $26,970
Catalina Hunter (Board Member) $0 $0 $0
Pastor Matt Lin (Board Member) $0 $0 $0
Victor D Figueroa (Board Member) $0 $0 $0
Enrique Magana (Board Member) $0 $0 $0
Carlos Ramos (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,212,448
Expenses
$870,723
Net Income
$341,725
Net Assets
$2,367,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,142,478
94.2%
Program Services $68,428
5.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,542
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $110,003
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $343,322
39.4%
Assets/Debt
Total Assets $3,759,474
Total Liabilities $1,392,353
Net Assets $2,367,121
Compensation
Key Employees and Officers Compensation Related Other
Jodi Reynhout (Sr Vp Of Comm. Engagement) $92,151 $0 $0
Rev Luis A Cortes Jr (Board Chair Member) $0 $344,391 $77,709
Rev Danny Cortes (Board Treasurer Member) $0 $230,335 $46,475
Walter Toliver (Board Member) $0 $167,170 $21,659
Catalina Hunter (Board Member) $0 $0 $0
Pastor Matt Lin (Board Member) $0 $0 $0
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,196,050
Expenses
$827,993
Net Income
$1,368,057
Net Assets
$2,025,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,259,000
57.3%
Program Services $191,967
8.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $727,888
33.1%
Net Inventory Sales $0
Other Revenue $17,195
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,908
14.8%
Professional Fundraising Fees $0
Other Salaries and Wages $284,736
34.4%
Assets/Debt
Total Assets $2,713,234
Total Liabilities $687,838
Net Assets $2,025,396
Compensation
Key Employees and Officers Compensation Related Other
Jodi Reynhout (Sr Vp Of Comm. Engagement) $90,762 $0 $6,141
David Ortiz (Executive Director) $12,701 $0 $6,141
Rev Luis A Cortes Jr (Board Chair) $0 $265,200 $80,367
Rev Danny Cortes (Board Treasurer) $0 $227,910 $56,517
Walter Toliver (Board Member) $0 $168,467 $29,743
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$873,969
Expenses
$664,453
Net Income
$209,516
Net Assets
$657,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $621,137
71.1%
Program Services $252,742
28.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $90
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $220,712
33.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,322,529
Total Liabilities $1,665,190
Net Assets $657,339
Compensation
Key Employees and Officers Compensation Related Other
David Ortiz (Executive Director) $63,077 $0 $28,360
Rev Luis A Cortes Jr (Board Chair) $0 $313,611 $84,321
Rev Danny Cortes (Board Treasurer) $0 $199,702 $59,134
Walter Toliver (Board Member) $0 $147,992 $29,224
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$840,905
Expenses
$847,162
Net Income
-$6,257
Net Assets
$447,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $626,786
74.5%
Program Services $205,788
24.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,331
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,821
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $165,854
19.6%
Assets/Debt
Total Assets $2,193,854
Total Liabilities $1,746,031
Net Assets $447,823
Compensation
Key Employees and Officers Compensation Related Other
David Ortiz (Executive Director) $61,872 $0 $23,949
Rev Luis A Cortes Jr (Board Chair) $0 $297,859 $79,268
Rev Danny Cortes (Board Treasurer) $0 $186,859 $56,436
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Walter Toliver (Board Member) $0 $139,278 $30,298
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,688
Expenses
$757,167
Net Income
-$114,479
Net Assets
$454,080
Notable Sources of Revenue Percent of Total Revenue
Contributions $437,379
68.1%
Program Services $205,301
31.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,963
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $167,839
22.2%
Assets/Debt
Total Assets $2,102,047
Total Liabilities $1,647,967
Net Assets $454,080
Compensation
Key Employees and Officers Compensation Related Other
Phillip Dawson Term 102717 (Former Exec. Director) $54,876 $0 $22,556
David Ortiz As Of 121117 (Exec. Director) $1,346 $0 $0
Rev Luis A Cortes Jr (Board Chair) $0 $289,042 $74,640
Rev Danny Cortes (Board Treasurer) $0 $181,092 $54,252
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Walter Toliver (Board Member) $0 $134,131 $17,905
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$680,325
Expenses
$702,539
Net Income
-$22,214
Net Assets
$568,559
Notable Sources of Revenue Percent of Total Revenue
Contributions $415,713
61.1%
Program Services $256,871
37.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,914
1.0%
Net Inventory Sales $0
Other Revenue $827
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $66,156
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $156,253
22.2%
Assets/Debt
Total Assets $2,232,030
Total Liabilities $1,663,471
Net Assets $568,559
Compensation
Key Employees and Officers Compensation Related Other
Philip Dawson (Executive Director) $54,876 $0 $11,280
Rev Luis A Cortes Jr (Board Chair) $0 $268,437 $75,223
Rev Danny Cortes (Board Treasurer) $0 $185,197 $54,911
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Walter Toliver (Board Member) $0 $129,056 $17,467
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$925,273
Expenses
$850,657
Net Income
$74,616
Net Assets
$593,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $667,668
72.2%
Program Services $256,284
27.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,321
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $50,694
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $129,002
15.2%
Assets/Debt
Total Assets $2,290,030
Total Liabilities $1,696,790
Net Assets $593,240
Compensation
Key Employees and Officers Compensation Related Other
Walter Toliver (Board Member) $128,122 $0 $15,641
Philip Dawson (Executive Director) $51,076 $0 $10,236
Rev Luis A Cortes Jr (Board Chair) $0 $256,093 $77,035
Rev Danny Cortes (Board Treasurer) $0 $174,668 $55,829
Catalina Hunter (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Victor D Figueroa (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$784,865
Expenses
$641,441
Net Income
$143,424
Net Assets
$518,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $494,493
63.0%
Program Services $260,980
33.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,392
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $74,586
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $70,140
10.9%
Assets/Debt
Total Assets $2,899,084
Total Liabilities $2,380,460
Net Assets $518,624
Compensation
Key Employees and Officers Compensation Related Other
Philip Dawson (Senior Director) $35,045 $0 $6,759
Perfecta Oxholm (Executive Director) $25,073 $0 $7,709
Rev Luis A Cortes Jr (Board Chairperson) $0 $255,839 $64,885
Rev Danny Cortes (Board Treasurer) $0 $183,491 $47,016
Catalina Morrell (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Walter Toliver (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$895,568
Expenses
$503,627
Net Income
$391,941
Net Assets
$375,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $728,413
81.3%
Program Services $164,657
18.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,498
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $41,896
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $107,702
21.4%
Assets/Debt
Total Assets $2,552,001
Total Liabilities $2,176,801
Net Assets $375,200
Compensation
Key Employees and Officers Compensation Related Other
Pita Oxholm (Executive Director) $43,163 $0 $12,377
Rev Luis A Cortes Jr (Board Chairperson) $0 $245,454 $68,453
Rev Danny Cortes (Board Treasurer) $0 $165,626 $48,656
Catalina Morrell (Board Member) $0 $0 $0
Matt Lin (Board Member) $0 $0 $0
Art Haywood (Board Member) $0 $118,561 $1,782

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$378,638
Expenses
$358,922
Net Income
$19,716
Net Assets
-$16,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $311,064
82.2%
Program Services $66,569
17.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,005
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $41,896
11.7%
Professional Fundraising Fees $0
Other Salaries and Wages $78,634
21.9%
Assets/Debt
Total Assets $920,748
Total Liabilities $937,489
Net Assets -$16,741

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$227,936
Expenses
$396,872
Net Income
-$168,936
Net Assets
-$36,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,444
79.2%
Program Services $43,846
19.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,646
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $29,438
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $67,294
17.0%
Assets/Debt
Total Assets $792,467
Total Liabilities $828,924
Net Assets -$36,457

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$241,293
Expenses
$251,244
Net Income
-$9,951
Net Assets
$132,479
Notable Sources of Revenue Percent of Total Revenue
Contributions $161,732
67.0%
Program Services $79,561
33.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $94,844
37.7%
Assets/Debt
Total Assets $1,025,970
Total Liabilities $893,491
Net Assets $132,479

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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