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North Carolina · Nonprofit

NEW BERN OLDER ADULT HOUSING INCORPORATED

NEW BERN OLDER ADULT HOUSING INCORPORATED (North Carolina) receives grants from 1 organization whose IRS filings report $54 to it, the largest being FOOD BANK OF CENTRAL & EASTERN NC INC ($54). 1 of them have funded it in more than one year.

Revenue FY2025
$477k
Funders on record
1
Grants received
$54
Net assets
$938k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What New Bern Older Adult Housing Incorporated does

Mission

To provide affordable housing to senior citizens in new bern, north carolina.

As stated on its FY2025 Form 990.

Program

  1. The organization operates a 37-unit apartment complex for the elderly in new bern, nc, under section 202 of the national housing act.

    $403,277 spent$166,211 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $403,277.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($303k) Expenses 100 ($346k) Net assets 100 ($1.5M)2018 Revenue 99 ($300k) Expenses 100 ($344k) Net assets 97 ($1.4M)2019 Revenue 100 ($302k) Expenses 107 ($371k) Net assets 92 ($1.3M)2020 Revenue 100 ($301k) Expenses 119 ($412k) Net assets 85 ($1.2M)2021 Revenue 118 ($358k) Expenses 145 ($502k) Net assets 75 ($1.1M)2022 Revenue 126 ($381k) Expenses 113 ($390k) Net assets 74 ($1.1M)2023 Revenue 131 ($396k) Expenses 126 ($434k) Net assets 71 ($1.0M)2024 Revenue 136 ($413k) Expenses 152 ($524k) Net assets 64 ($924k)2025 Revenue 158 ($477k) Expenses 134 ($464k) Net assets 65 ($938k)
'17'18'19'20'21'22'23'24'25
Revenue (158)Expenses (134)Net assets (65)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.5M to $1.4M (−5%).

$1.7M
$1.6M
$1.5M
$1.5M
$1.5M
$1.4M
$1.3M
$1.3M
$1.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 58% · 2018 59% · 2019 57% · 2020 60% · 2021 63% · 2022 64% · 2023 61% · 2024 59% · 2025 64%. Grants only. Government contracts and fees sit inside program revenue.

65% of NEW BERN OLDER ADULT HOUSING INCORPORATED’s revenue is contributions — more donation-reliant than the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

−$43k
’17
−$45k
’18
−$70k
’19
−$110k
’20
−$144k
’21
−$9k
’22
−$38k
’23
−$111k
’24
$14k
’25
2.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lee Syria

President/CEO

Board chair

Cory Tobin

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121011111211141212
Joined·+0+1+3+4+3+6+3+1
No longer listed·20334351
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $54 → $0.

Funder
'20
'22
'23
'24*
'25*
total
funders
1
1
1
1
1

From the IRS filings of NEW BERN OLDER ADULT HOUSING INCORPORATED’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of NEW BERN OLDER ADULT HOUSING INCORPORATED's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEW BERN OLDER ADULT HOUSING INCORPORATED runs a healthier operating margin than half of the 4,980 housing & shelter nonprofits its size.

Operating margin3% · above the median
Months of reserve2.8mo · below the median
Revenue growth (annualized)6% · above the median

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Organizations like NEW BERN OLDER ADULT HOUSING INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 9 related entities

  • Everyage · exempt
  • Albemarle Older Adult Housing Inc · exempt
  • Statesville Elderly Housing Inc · exempt
  • Carolina Senior Living · exempt
  • Everyage Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEW BERN OLDER ADULT HOUSING INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW BERN OLDER ADULT HOUSING INCORPORATED?
NEW BERN OLDER ADULT HOUSING INCORPORATED (North Carolina) receives grants from 1 organization whose IRS filings report $54 to it, the largest being FOOD BANK OF CENTRAL & EASTERN NC INC ($54). 1 of them have funded it in more than one year.
How many funders does NEW BERN OLDER ADULT HOUSING INCORPORATED have?
IRS filings report 1 organization giving $54 in grants to NEW BERN OLDER ADULT HOUSING INCORPORATED, 1 of which have funded it in more than one year.
Who is the largest funder of NEW BERN OLDER ADULT HOUSING INCORPORATED?
FOOD BANK OF CENTRAL & EASTERN NC INC is the largest funder on record, with $54 in grants. The full list of funders is on this page.
How can an organization like NEW BERN OLDER ADULT HOUSING INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds New Bern Older Adult Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing