NEW HOPE HOUSING INC Charity Report

Public IRS 990 nonprofit record

NEW HOPE HOUSING INC

EIN 73-1419279 · Housing & Shelter (L20Z)

What they do

to Provide Life-stabilizing, Affordable Housing and Support for People With Very Limited Incomes.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $42.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

14.30%of revenue went to mission work42.8% of expenses · Program services

8.19%of revenue went to fundraising24.5% of expenses

$33.39spent for every $100 of revenueRevenue covered expenses this year.

10.89%of revenue went to management and office costs32.6% of expenses

$18.87in assets for every $1 spent this yearSome assets cannot be spent right away.

83.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $249,741 for TAMARA FOSTER (EVP ONSITE OPS/STRATEGIC PARTNERSHIP). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,499,652

Mission workProgram services$2,216,62814.30% of revenue42.8% of expenses

ManagementOffice and general costs$1,688,33610.89% of revenue32.6% of expenses

FundraisingAsking for donations$1,269,9748.19% of revenue24.5% of expenses

Revenue left after expensesReported annual surplus$10,324,71466.61% of revenueShown in gray on the chart

Total expenses$5,174,93833.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 42.8% mission · 32.6% management · 24.5% fundraisingTotal expenses: 33.39% of revenue

2023Expense mix: 42.1% mission · 32.2% management · 25.7% fundraisingTotal expenses: 25.77% of revenue

2022Expense mix: 53.1% mission · 25.5% management · 21.3% fundraisingTotal expenses: 91.67% of revenue

2021Expense mix: 56.2% mission · 26.9% management · 16.9% fundraisingTotal expenses: 41.58% of revenue

2020Expense mix: 57.7% mission · 17.6% management · 24.7% fundraisingTotal expenses: 23.46% of revenue

2019Expense mix: 50.7% mission · 23.1% management · 26.2% fundraisingTotal expenses: 21.38% of revenue

2018Expense mix: 50.8% mission · 21.9% management · 27.4% fundraisingTotal expenses: 14.53% of revenue

2017Expense mix: 71.7% mission · 11.5% management · 16.8% fundraisingTotal expenses: 49.68% of revenue

Money in and money out

Revenue$15,499,652

Expenses$5,174,938

Annual surplus $10,324,714 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,216,628 · 42.8% of expenses

Management and office costs$1,688,336 · 32.6% of expenses

Fundraising$1,269,974 · 24.5% of expenses

See all reported dollar amounts

Revenue$15,499,652

Expenses$5,174,938

Assets$97,656,463

Income$16,336,315

Contributions$12,870,786

Mission work (program services)$2,216,628

Fundraising$1,269,974

Grants given$565,199

Average grant$282,600

Management and general$1,688,336

Executive compensation (total)$733,248

Stocks and bonds$805

Accounting fees$91,072

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TAMARA FOSTEREVP ONSITE OPS/STRATEGIC PARTNERSHIP · 40 hrs/week $249,741Base $227,700 · Other $22,041

KATIE LAMBVP, PEOPLE & CULTURE · 40 hrs/week $211,080Base $188,250 · Other $22,830

DIANA GROSSVP, PHILANTHROPHY & COMMUNICATIONS · 46 hrs/week $210,291Base $188,250 · Other $22,041

JOY HORAK-BROWNPRESIDENT & CEO · 25 hrs/week $191,724Base $190,800 · Other $924

ASH HUSSAINDIRECTOR OF FINANCE · 40 hrs/week $163,641Base $148,000 · Other $15,641

STACEY LASTOVICAVP PROPERTY MANAGEMENT · 40 hrs/week $160,641Base $138,000 · Other $22,641

RHONDA BONFIELDDIR. OF FOUNDATIONS AND CORP REL. · 46 hrs/week $130,082Base $119,600 · Other $10,482

JOHN PEAVYCFO (FROM JULY) · 40 hrs/week $128,913Base $128,679 · Other $234

AZIZ OUEDRAOGOSENIOR MANAGER FINANCE · 40 hrs/week $118,483Base $105,000 · Other $13,483

CALVIN TANGCFO (TO MARCH) · 40 hrs/week $45,718Base $43,333 · Other $2,385

KATHERINE ANCHONDOREAL ESTATE DEVELOPMENT MANAGER $26,981Base · Other $26,981

RON LASTIMOSAVP REAL ESTATE DEVELOPMENT $24,541Base · Other $24,541

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

TAMARA FOSTEREVP ONSITE OPS/STRATEGIC PARTNERSHIP

KATIE LAMBVP, PEOPLE & CULTURE

DIANA GROSSVP, PHILANTHROPHY & COMMUNICATIONS

JOY HORAK-BROWNPRESIDENT & CEO

ASH HUSSAINDIRECTOR OF FINANCE

STACEY LASTOVICAVP PROPERTY MANAGEMENT

RHONDA BONFIELDDIR. OF FOUNDATIONS AND CORP REL.

JOHN PEAVYCFO (FROM JULY)

AZIZ OUEDRAOGOSENIOR MANAGER FINANCE

CALVIN TANGCFO (TO MARCH)

KATHERINE ANCHONDOREAL ESTATE DEVELOPMENT MANAGER

RON LASTIMOSAVP REAL ESTATE DEVELOPMENT

VANESSA R SCHICKDIRECTOR

CARLETON RISERDIRECTOR

ANDREA M LINKVICE CHAIR

SANFORD W CRINER JRCHAIRMAN EMERITUS

RICARDO RIVASCHAIRMAN

PHILIP A CROKERDIRECTOR

MICHAEL M FOWLERCHAIRMAN EMERITUS

MELISSA M NORIEGADIRECTOR

LAURA R JARAMILLODIRECTOR

KEVIN FULTONSECRETARY

KENNETH J VALACHCHAIRMAN EMERITUS

BOLIVAR M FRAGADIRECTOR

JOSEPH S HAGANDIRECTOR

JANICE E WALKERTREASURER

JAMES F CRAIG IIIDIRECTOR

FRANK C STEININGERDIRECTOR

About this charity

Recognized since: January 1993
Location: 3315 Harrisburg Blvd 400, Houston, TX 77003
County: Harris
In care of: John Peavy
Primary officer: John Peavy, Chief Financial Officer

How to reach them

WebsiteVisit the charity’s website Phone(713) 222-0290

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BLAZEK & VETTERLING
NTEE classification: Housing & Shelter (L20Z)
IRS tax category: Other Residential Care Facilities
Grant-giving organization: Yes