EIN 04-2453465

Newton Community Development Foundation

Name: Newton Community Development Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Newton

State

Massachusetts

Year formed

1968

Most recent tax filings

2022-12-01

NTEE code, primary

L21: Public Housing Facilities

Description

The Newton Community Development Foundation develops and manages low and moderate income housing and elderly housing facilities. Its mission is to develop a comprehensive housing program for moderate and low-income families, as well as the elderly who need more adequate housing due to their income levels. Additionally, it serves as a "community relations" resource providing advocacy planning for the low and moderate-income community. It has developed and manages 296 units of such housing facilities.

Total revenues

$2,246,080

2022

Total expenses

$1,931,284

2022

Total assets

$11,224,820

2022

Num. employees

2022

Program areas at Newton Community Development Foundation

Development and management of 268 units of low and moderate income housing and elderly housing facilities.

Who funds Newton Community Development Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Ridgeway Partners	2022-12	Senior Fitness	$17,500
The George and Louise J Hauser Charitable Trust	2023-12	For After School Activities	$14,550
Pomroy Rebecca Foundation	2023-08	To Support Operations of the Public Charity	$7,500
...and 2 more grants received

Personnel at Newton Community Development Foundation

Name	Title	Compensation	Date of data
Jeanne Strickland	Board Member	$193,687	2023-12-23
Grace Connolly	Director of Finance and Administration		2023-12-23
Marissa Wheeler	Director of Resident Services Ada and 504 Coordinator		2023-12-23
David Brown	Director of Maintenance		2023-12-23
Dina Troiani	Director of Property Management	$114,872	2023-12-23
...and 8 more key personnel

Financials for Newton Community Development Foundation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$179,977	$1,155,623	-84.4%
Program services	$1,484,000	$1,371,053	8.2%
Investment income and dividends	$158,656	$112,956	40.5%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$104,386	$137,761	-24.2%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$319,061	$345,352	-7.6%
Total revenues	$2,246,080	$3,122,745	-28.1%

Form 990s for Newton Community Development Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-15	990	View PDF
2021-12	2022-11-08	990	View PDF
2020-12	2021-11-13	990	View PDF
2019-12	2021-02-24	990	View PDF
2018-12	2020-01-16	990	View PDF
...and 9 more Form 990s

Organizations like Newton Community Development Foundation

Organization	Type	Location	Revenue
Community Partners For Affordable Housing (CPAH)	501(c)(3)	Tigard, OR	$3,846,770
Ascendant Neighborhood Development Corporation	501(c)(3)	New York, NY	$1,306,420
Alliance for Building Communities	501(c)(3)	Allentown, PA	$1,818,738
Dwelling Place of Grand Rapids Nonprofit Housing Corporation	501(c)(3)	Grand Rapids, MI	$5,507,706
Hope Community	501(c)(3)	New York, NY	$6,692,308
Families in Transition	501(c)(3)	Manchester, NH	$10,051,426
Mutual Housing California	501(c)(3)	Sacramento, CA	$8,658,576
Community Housing Network (CHN)	501(c)(3)	Columbus, OH	$11,087,662
Many Mansions	501(c)(3)	Thousand Oaks, CA	$9,935,451
Catskill Mountain Housing Development Corporation	501(c)(3)	Catskill, NY	$893,740

Data update history

May 19, 2024

Received grants

Identified 1 new grant, including a grant for $7,500 from Pomroy Rebecca Foundation

January 9, 2024

Posted financials

Added Form 990 for fiscal year 2022

December 23, 2023

Updated personnel

Identified 1 new personnel

September 26, 2023

Updated personnel

Identified 4 new personnel

July 28, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Housing and shelter organizationsHeadquarter / parent organizationsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

Provides grantsState / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 425 Watertown St 205; Newton, MA 02458
Metro area: Boston-Cambridge-Newton, MA-NH
County: Middlesex County, MA
Website URL: ncdfinc.org/
Phone: (617) 244-4035

IRS details

EIN: 04-2453465
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1968
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L21: Public Housing Facilities
NAICS code, primary: 62422: Community Housing Services
Parent/child status: Central organization

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Newton Community Development Foundation

Program areas at Newton Community Development Foundation

Who funds Newton Community Development Foundation

Personnel at Newton Community Development Foundation

Financials for Newton Community Development Foundation

Form 990s for Newton Community Development Foundation

Organizations like Newton Community Development Foundation

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