NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER
AI Summary
NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER is an urban development nonprofit focused on lessening the burdens of city government and alleviating poverty in Newark, Ohio by incentivizing investment that supports economic development, job creation, and improvements to the city’s business, industrial, and residential areas. In filing year 2024, it reported an operating budget of $770.9K and total revenue of $2.1M, with major funders including THE GILBERT REESE FAMILY FOUNDATION, PARK NATIONAL CORPORATION FOUNDATION, and LICKING COUNTY FOUNDATION INC.
Mission Statement
TO LESSEN THE BURDENS OF CITY GOVERNMENT AND TO ALLEVIATE POVERTY IN THE LOCAL AREA BY INCENTIVIZING INVESTMENTS IN THE CITY OF NEWARK, OHIO, IN ORDER TO PROMOTE AND SUSTAIN ECONOMIC DEVELOPMENT, CREATE JOBS AND FURTHER IMPROVE THE BUSINESS, INDUSTRIAL AND RESIDENTIAL LIVING AREAS OF THE CITY.
Cause Areas
1
Urban development
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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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- 13 funders
- 20 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER’s budget?
In 2024, NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER reported an annual operating budget of around $771 thousand. More detailed financial information is available to registered users.
What causes does NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER support?
NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER supports work in Urban development.
Where does NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER operate?
NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER is headquartered in Newark, OH.
Who funded NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER recently?
In 2025, NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER received grants from THE JOHN AND MARY ALFORD FOUNDATION, THE GILBERT REESE FAMILY FOUNDATION, and PARK NATIONAL CORPORATION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER received in 2024?
The largest grant to NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER in 2024 exceeds $641 thousand.
What is NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER’s reliance on government grants?
NEWARK DEVELOPMENT PARTNERS C/O CHERI HOTTINGER relied on government grants for more than 55% of their total revenue in 2024.