NEWTON HOUSING DEVELOPMENT CORPORATION

NEWTON HOUSING DEVELOPMENT CORPORATION

Newton, IA, US
501(c)3
EIN
42-1366201

NEWTON HOUSING DEVELOPMENT CORPORATION

Newton, IA, US
501(c)3
EIN
42-1366201

Overview

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Est.

1991

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Newton Housing Development Corporation, identified by EIN 42-1366201, is dedicated to increasing the quantity and quality of housing in Newton, Iowa, with a focus on housing rehabilitation and public housing initiatives. With an operating budget of $74.2K and total revenue of $143K for the 2024 filing year, the organization has received significant funding from multiple sources, none of which account for 50% or more of its revenue. Although the organization does not have a website, its mission underscores a commitment to enhancing local housing conditions.

Mission Statement

INCREASE THE QUANTITY AND QUALITY OF HOUSING IN NEWTON, IOWA
Revenues

$143K

Expenses

$74.2K

Net Income:
+$68.9K
Assets

$3.3M

Liabilities

$3M

Net Assets:
+$312.6K
Operating Budget

$74.2K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$4.7K
Largest grant received
$9.3K
B
Bruce Showalter
Board Member
J
Jennifer Cook
Board Member
F
Floyd Davis
Board Member

Frequently Asked Questions

What is NEWTON HOUSING DEVELOPMENT CORPORATION’s budget?
In 2024, NEWTON HOUSING DEVELOPMENT CORPORATION reported an annual operating budget of around $74 thousand. More detailed financial information is available to registered users.
What causes does NEWTON HOUSING DEVELOPMENT CORPORATION support?
NEWTON HOUSING DEVELOPMENT CORPORATION supports work in Public housing and Housing rehabilitation.
Where does NEWTON HOUSING DEVELOPMENT CORPORATION operate?
NEWTON HOUSING DEVELOPMENT CORPORATION is headquartered in Newton, IA.
Who funded NEWTON HOUSING DEVELOPMENT CORPORATION recently?
In 2023, NEWTON HOUSING DEVELOPMENT CORPORATION received grants from JASPER COMMUNITY FOUNDATION, First Interstate BancSystem Foundation Inc, and JASPER COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEWTON HOUSING DEVELOPMENT CORPORATION received in 2023?
The largest grant to NEWTON HOUSING DEVELOPMENT CORPORATION in 2023 exceeds $9,266.
What is NEWTON HOUSING DEVELOPMENT CORPORATION’s reliance on government grants?
NEWTON HOUSING DEVELOPMENT CORPORATION relied on government grants for more than 25% of their total revenue in 2024.
Overview
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