From public IRS filings
NEW WAY HOMES INC
SANTA CRUZ, CA · Human Services
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
8752%
Source: IRS Form 990, tax year 2024.
Who funds NEW WAY HOMES INC
$9.8M in foundation grants on record from 7 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Silicon Valley Community Foundation | $3.2M | 2 |
| Community Foundation Santa Cruz County | $167K | 5 |
| San Francisco Foundation | $50K | 1 |
| Vanguard Charitable Endowment Program | $30K | 1 |
| Donor Advised Charitable Giving | $20K | 1 |
| Midpen Housing | $20K | 2 |
Leadership
SIBLEY SIMON — PRESIDENT (Principal officer)
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