From public IRS filings

NEW WAY HOMES INC

SANTA CRUZ, CA · Human Services

EIN (Tax ID): 47-4091853Latest Form 990: 2024IRS ruling year: 2017Find their 990 filing →

Mission

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.

Financials (IRS Form 990)

Total revenue
$1.2M
Total expenses
$834K
Total assets
$12M
Program expense ratio
88%

Source: IRS Form 990, tax year 2024.

Who funds NEW WAY HOMES INC

$3.8M in foundation grants on record from 9 funders — matched from IRS 990 grant line items. Some matches may be approximate.

FunderTotal givenGrants
Silicon Valley Community Foundation$3.2M2
David and Lucile Packard Foundation$213K2
Community Foundation Santa Cruz County$167K5
San Francisco Foundation$50K1
Cottonwood Spring$50K2
Sunlight Giving$43K3
Vanguard Charitable Endowment Program$30K1
Donor Advised Charitable Giving$20K1
Midpen Housing$20K2

Leadership

SIBLEY SIMON — PRESIDENT (Principal officer)

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