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Nonprofit · EIN 02-0620273

NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC

Tax-exempt · WEST PALM BEACH, FL 33407

Financials

$172K$223K2023$177K$202K2024$164K$195K2025
Revenue Expenses · by fiscal year end
Financials of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$163,575$195,029-$31,454$1,116,759$2,249,283-$1,132,524
December 31, 2024990$176,681$201,682-$25,001$1,145,625$2,246,695-$1,101,070
December 31, 2023990$171,655$223,128-$51,473$1,173,508$2,249,577-$1,076,069
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$163,551
Investment income
$24
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$790
Accounting fees
$5,075
Depreciation
$69,509
Program services (functional)
$162,273
Management and general (functional)
$32,756

Balance sheet and other

Total assets, start of year
$1,145,625
Total assets, end of year
$1,116,759
Total liabilities, end of year
$2,249,283
Net assets, end of year
-$1,132,524
Land, buildings and equipment
$911,756
Net assets without donor restrictions
-$1,132,524
Gross receipts
$163,575
Employees
0
Volunteers
10
Year formed
2002
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick FranklinCEO
Officer
4$0$180,654$48,289
Marlon WhiteChairman
Trustee or director, Officer
1$0$0$0
Thais SullivanSecretary
Trustee or director, Officer
0$0$0$0
Vince LarkinBoard member
Trustee or director
0$0$0$0
Bobby PowellBoard Member
Trustee or director
0$0$0$0
Bev MorrisonBoard Member
Trustee or director
0$0$0$0
Edith BushBoard Member
Trustee or director
0$0$0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick FranklinCEO
Officer
4$0$175,467$46,478
Marlon WhiteChairman
Trustee or director, Officer
1$0$0$0
Art BullardSecretary
Trustee or director, Officer
0$0$0$0
Edith BushBoard member
Trustee or director
0$0$0$0
Bobby PowellBoard Member
Trustee or director
0$0$0$0
Vince LarkinsBoard Member
Trustee or director
0$0$0$0
Thais SullivanBoard Member
Trustee or director
0$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick FranklinCEO
Officer
4$0$131,705$18,480
Marlon WhiteChairman
Trustee or director, Officer
1$0$0$0
Art BullardSecretary
Trustee or director, Officer
0$0$0$0
Edith BushBoard member
Trustee or director
0$0$0$0
John ClaytonBoard member
Trustee or director
0$0$0$0
Bobby PowellBoard Member
Trustee or director
0$0$0$0
Vince LarkinsBoard Member
Trustee or director
0$0$0$0
Thais SullivanBoard Member
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
C/O P FRANKLIN 1700 N AUSTRALIAN AV, WEST PALM BEACH, FL 33407-0000
In care of
% P FRANKLIN
Principal officer (990 for 2025)
Lon Gopie, 1700 N Australian Ave, West Palm Beach, FL 33407
Signed the 990
Patrick Franklin, President
Phone
(561) 833-1461
Return prepared by
KATHLEEN M SHAFER CPA

Mission

Develop and rehabilitate housing for low- and moderate-income families in areas affected by underprivileged or underserved conditions. Additionally, the Organization aims to provide essential infrastructure to help beneficiaries achieve self-reliance.

990 for the year ended December 31, 2025

Program accomplishments

  • Develop and rehabilitate housing for low- and moderate-income families in areas affected by underprivileged or underserved conditions. Additionally, the Organization aims to provide essential infrastructure to help beneficiaries achieve self-reliance.
    Expenses $162,273 · revenue $163,551

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0620273
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,116,759
Income (IRS master file)
$163,575

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$163,575$195,029$1,116,759XML
990December 2024$176,681$201,682$1,145,625XML
990December 2023$171,655$223,128$1,173,508XML
990December 2022$135,036$175,667$1,222,011IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0620273).

Questions about NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC

What is the EIN of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC?
The employer identification number (EIN) of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC is 02-0620273.
Is NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC?
The 990 for the year ended December 31, 2025 names Lon Gopie.
Who are the officers and directors of NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does NEW URBAN COMMUNITY DEVELOPMENT CORPORATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $163,575, expenses of $195,029 and total assets of $1,116,759 at year end.

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