Newark Betterment Corporation

Organization Overview

Newark Betterment Corporation is located in Newark, CA. The organization was established in 1994. 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. Newark Betterment 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 06/2021, Newark Betterment Corporation generated $175.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $86.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NBC FINANCIALLY SUPPORTS VARIOUS CULTURAL, ART, AND MUSIC PROGRAMS FOR THE BENEFIT OF THE RESIDENTS OF THE CITY OF NEWARK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NBC FINANCIALLY SUPPORTS VARIOUS CULTURAL, ART AND MUSIC PROGRAMS FOR THE BENEFIT OF THE RESIDENTS OF THE CITY OF NEWARK.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$187,358
Noncash contributions included in lines 1a–1f $1,744
Total Revenue from Contributions, Gifts, Grants & Similar$187,358
Total Program Service Revenue$0
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities -$12,037
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $175,333

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