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New Century Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311788636 ✦ Blacksburg, VA ✦ Designated as a 501(c)(4)

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Overview

What is New Century Housing Inc?

New Century Housing Inc is a nonprofit organization, specifically focused on providing housing facilities and services tailored to the needs of the elderly. Situated in Blacksburg, Virginia, they operate a 30-unit seniors' housing community, catering to around 50 individuals. Their mission is deeply rooted in ensuring comfortable living for the elderly, making them a dedicated advocate for this age group's housing needs.


Official website here: www.retire.org

Is New Century Housing Inc legitimate?

New Century Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Century Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.retire.org

What is the mission statement of New Century Housing Inc?

New Century Housing Inc. is committed to providing housing facilities and services tailored to the needs of elderly individuals. The corporation operates a 30-unit seniors housing community, catering to around 50 elderly residents. Its mission revolves around offering housing solutions for the elderly, operating with a strong dedication to this cause.


Official website here: www.retire.org

Who is the CEO of New Century Housing Inc?

William Lester is the Principal Officer of New Century Housing Inc. The CEO's salary of New Century Housing Inc is $0 and their total compensation is $172,523.


Official website here: www.retire.org

What is the revenue of New Century Housing Inc?

New Century Housing Inc's revenue in 2022 was $698,832.


Official website here: www.retire.org

Who are the executives of New Century Housing Inc and what are their salaries?


Here are 23 key members and their salaries (New Century Housing Inc's CEO's salary is $0 and their total compensation is $172,523):


Katherine Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Bookout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hing-Har Lo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Mcdeearis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Parrent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Pospichal (Vice Chairman / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Price (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Shepherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Spencer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Teaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Vosburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Dalton (President And Ceo)
  • Compensation: $0
  • Related: $168,773
  • Other: $3,750
Molly Nevitt (Cfo)
  • Compensation: $0
  • Related: $118,303
  • Other: $6,517
Heather Gearheart (Vice-President)
  • Compensation: $0
  • Related: $128,255
  • Other: $3,850
Korie Flannagan (Nursing Home Admin)
  • Compensation: $0
  • Related: $116,370
  • Other: $0
Tambra Dixon (Director Of Marketing)
  • Compensation: $0
  • Related: $106,528
  • Other: $4,701
Kevin Sands (Director Of Qa & Edu)
  • Compensation: $0
  • Related: $100,250
  • Other: $4,566


Official website here: www.retire.org

Where can I find the form 990 for New Century Housing Inc?

New Century Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.retire.org

Learn more at the official website: www.retire.org

Mission Statement of New Century Housing Inc

New Century Housing, a nonprofit organization, is dedicated to providing housing and services tailored to the needs of elderly individuals. The corporation's mission is crystal clear: to offer suitable living spaces for the elderly community. With a 30-unit seniors housing community in Blacksburg, Virginia, New Century Housing serves approximately 50 elderly persons, demonstrating its commitment to this demographic. The organization's primary objective is to ensure that elderly individuals have access to comfortable and age-appropriate housing, thereby enhancing their quality of life.

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Impact




October, 2024

New Century Housing Inc plays a vital role in addressing the housing needs of the elderly population in Blacksburg, Virginia. By operating a 30-unit senior housing community, it creates a supportive environment for approximately 50 residents, allowing them to live independently while ensuring their unique needs are met. This initiative not only provides safe and affordable housing but also fosters a sense of community among seniors, which is essential for their well-being. The organization’s commitment to enhancing the quality of life for older adults is evident in its tailored services and facilities designed specifically for them, making a significant impact on seniors’ lives in the area.




This information is meant to be a general summary of New Century Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$698,832 (2022)
Expenses
$747,780 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Program Service Revenue: $698,156
  • Gross Receipts: $698,832

Assets and Liabilities:

  • Total Assets: $4,361,336
  • Total Liabilities: $4,526,933
  • Net Assets: -$165,597

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TOWNHOME SERVICE FEE

Revenue

$347,159

LIFE LEASE FEE

Revenue

$305,900

CABLE TV & PHONE SERVI

Revenue

$45,097

Organization Details

Founding Year

2001

Principal Officer

William Lester

Main Address

2607 WARM HEARTH DRIVE NO 100, BLACKSBURG, VA, 24060

NTEE Category

Code: L20 - Housing

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