2023-11-08T11:25:23-06:00 2023-06-30 850445362 PALMER & CO PA 701 OSUNA RD NE STE 100 ALBUQUERQUE NM 87113 990 2022-07-01 562316141 NLH 3 C/O JL GRAY COMPANY NLH3 5052937553 1816 EAST MOJAVE ST FARMINGTON NM 87401 JOHN BLOOMFIELD DIRECTOR - EXECUTIVE 5052937553 2023-10-09 1 JOHN BLOOMFIELD 999009999 0 MARGI PALMER P00235099 5053441040 2023-10-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN BLOOMFIELD 1816 EAST MOJAVE ST FARMINGTON NM 87401 125983 0 X WWW.NEWLIFEHOMESNM.COM X 2003 NM ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT, AND UNDERPRIVILEDGED. 5 5 0 0 0 0 0 0 125100 125959 6 24 0 0 125106 125983 0 0 0 0 30519 24531 0 0 0 130973 126847 161492 151378 -36386 -25395 853034 823407 1241151 1236919 -388117 -413512 ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT, AND UNDERPRIVILEDGED. 0 0 135058 125983 HOUSING PROJECT OCCUPIED BY VERY LOW INCOME AND DISABLED PERSONS AND IN COMPLIANCE WITH REGULATORY AGREEMENT. 135058 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NM X X JL GRAY COMPANY 5053256516 1816 EAST MOJAVE ST FARMINGTON NM 87401 JOHN BLOOMFIELD EXECUTIVE DIRECTOR 8.00 40.00 X 0 246515 0 RUSSELL THOMPSON DIRECTOR 0.20 1.00 X 0 0 0 WILL REARDON DIRECTOR 0.20 1.00 X 0 0 0 CHANDRA DORAN DIRECTOR 0.20 1.00 X 0 0 0 PATRICIA RAY SECRETARY 0.20 1.00 X 0 0 0 PAUL VAN GULICK PRESIDENT/TREASURER 0.20 1.00 X 0 0 0 0 246515 0 0 0 1 0 0 FUNDS FROM GOV'T AGENC 531110 75041 75041 RENTAL INCOME TENANTS 531110 50768 50768 MISCELLANEOUS REVENUE 531110 150 150 125959 24 24 125983 125983 0 0 20198 20198 1533 1533 2800 2800 10808 10808 5512 5512 101 101 3570 3570 65367 65367 166 166 30393 30393 7183 7183 BAD DEBTS 1458 1458 MISC TAXES LICENCES & P 1054 1054 TRAINING 667 667 OTHER RENTING EXPENSE 284 284 284 284 151378 135058 16320 0 15852 16236 1668 385 1278161 557030 751524 721131 83990 85655 853034 823407 7943 5121 2937 1758 1230271 1230040 1241151 1236919 X -388117 -413512 -388117 -413512 853034 823407 -25395 0 X 0 1 X 0 1 1 X 122116 116051 125883 125100 125959 615109 122116 116051 125883 125100 125959 615109 0 42590 38690 36953 46760 46820 211813 42590 38690 36953 46760 46820 211813 403296 65 47 6 6 24 148 65 47 6 6 24 148 122181 116098 125889 125106 125983 615257 0.65550 0.67830 0.00020 0.00030 X 57545 57545 1215730 552144 663586 4886 4886 0 721131 RESTRICTED DEPOSITS 81157 TENANT SECURITY DEPOSITS 4498 85655 TENANT SECURITY DEPOSITS 2740 HUD CAPITAL ADVANCE 1227300 1230040 X 125983 0 125983 0 125983 151378 0 151378 0 151378 PART X, LINE 2: NLH 3 APPLIED FOR AND WAS GRANTED NON-PROFIT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE, SECTION 501C(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. CURRENTLY, THE 2012, 2013, AND 2014 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND NEW MEXICO AND THE NEW MEXICO TAXATION AND REVENUE DEPARTMENT. HOWEVER, NLH 3 IS NOT CURRENTLY UNDER AUDIT NOR BEEN CONTACTED BY EITHER OF THESE JURISDICTIONS AND HAS NO UNCERTAIN TAX POSITIONS. X 0 0 0 0 0 0 0 0 0 JOHN BLOOMFIELD EXECUTIVE DIRECTOR 0 236615 0 9900 0 0 0 0 0 0 0 246515 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAVE DELEGATED MANAGEMENT DUTIES TO JL GRAY COMPANY. JL GRAY COMPANY HAS AN EXTENSIVE HISTORY IN SUPERVISING HUD PROPERTIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ACCOUNTANT WHO PREPARES THE ANNUAL YEAR END HUD AUDIT. AFTER PREPARATION, FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY'S CONTROLLER. FOLLOWING THE CONTROLLER'S REVIEW AND APPROVAL, TAX RETURN COPIES ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND SUBSEQUENTLY THE ORIGINAL TAX RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUESTS MADE TO THE MANAGING COMPANY, JL GRAY COMPANY. NEW LIFE HOMES INC (INCLUDES NLH4) PO BOX 90486 ALBUQUERQUE NM 87199 850406074 SUBSIDIZED HOUSING FOR THE DISABLED NM 501(C)(3) LINE 7 0 NLH2 PO BOX 90486 ALBUQUERQUE NM 87199 850478290 HUD SUBSIDIZED HOUSING FOR THE DISABLED NM 501(C)(3) LINE 7 0 NLH5 PO BOX 90486 ALBUQUERQUE NM 87199 810661288 HUD SUBSIDIZED HOUSING FOR THE DISABLED NM 501(C)(3) LINE 7 0 NLH6 PO BOX 90486 ALBUQUERQUE NM 87199 061830123 HUD SUBSIDIZED HOUSING FOR THE DISABLED NM 501(C)(3) LINE 7 0 THE FOUNDATION FOR NEW LIFE HOMES PO BOX 90486 ALBUQUERQUE NM 87199 911569129 FOUNDATION TO PROVIDE SERVICES FOR HOUSING FOR DISABLED NM 501(C)(3) LINE 7 0 BROADWAY APARTMENTS INC PO BOX 90486 ALBUQUERQUE NM 87199 311569129 SUBSIDIZED HOUSING FOR THE DISABLED. NM 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0