New Home Development Co INC
Provides affordable housing for low-income individuals with mental illness. For fiscal year 2025 it reported $1.2M in revenue, $940K in expenses, and $2.3M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Bryan, OH
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Caren Bauer’s $94K as Executive Director is at the 29th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Caren Bauer | $94,459 | $97,842 | $86,540 | $78,191 | $77,782 | — |
| Caren Bauer-Male | — | — | — | — | — | $74,716 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
New home development company, inc. (NHDC) offers affordable housing options for persons with no to moderate incomes. NHDC currently owns 56 housing units that have been acquired through grants and mortgages. Rents charged are based on 30-35% of household income. NHDC also administers a rent subsidy program.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 73% | — | — |
| Overhead ratio | 27% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 39% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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