New Community Development Corporation
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waldorf, MD
- Founding
- 02/2002
- Data as of
- 12/2016
- EIN
- 52-2094914
Organization Overview
New Community Development Corporation is located in Waldorf, MD. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, New Community Development Corporation generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (31.5%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (47.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO PROVIDE YOUTH AND COMMUNITY SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Perry Vice Chairman | 10 | $0 | |
Willie Hunt Chairman | 15 | $0 | |
Roy Garner Treasurer | 10 | $0 | |
Latanya Garrett Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,453 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,477 |
| Total expenses | $2,477 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,252 |
| Other assets | $0 |
| Total assets | $3,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,252 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Community Development Corporation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |
Maryland Rural Development Corporation Annapolis, MD | $2,490,801 | $9,297,615 |
Religious Coalition For Emergency Human Needs In Frederick County Frederick, MD | $4,940,518 | $9,853,659 |
Stand For America Inc Washington, DC | $2,847,990 | $8,607,198 |
National Association Of Professional Employer Organization Alexandria, VA | $9,490,281 | $8,665,299 |
Virginia Beach Community Development Corporation Virginia Beach, VA | $35,346,329 | $7,614,457 |
Clinch Valley Community Action Inc North Tazewell, VA | $3,516,619 | $7,158,606 |
New River Community Action Inc Radford, VA | $2,771,237 | $7,058,582 |
National Main Street Center Inc Washington, DC | $6,729,426 | $9,101,387 |
Warren And Forest Counties Economic Opportunity Council Warren, PA | $10,674,151 | $7,590,481 |
American Short Line And Regional Railroad Association Washington, DC | $3,896,919 | $7,970,506 |
Golden Triangle Bid Corporation Washington, DC | $12,314,555 | $6,461,627 |