Nonprofit · EIN 04-2453465
NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC
Tax-exempt · NEWTON, MA 02458
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,727,692 | $2,090,784 | $1,636,908 | $11,834,266 | $2,505,058 | $9,329,208 |
| December 31, 2023 | 990 | $2,535,235 | $2,089,854 | $445,381 | $12,228,683 | $2,426,865 | $9,801,818 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $964,940
- of which government grants
- $109,637
- Program service revenue
- $1,627,927
- Investment income
- $397,914
- Net gain from sales of assets
- $108,462
- Other revenue
- $736,911
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $215,576
- Other salaries and wages
- $1,179,261
- Salaries, compensation and benefits (total)
- $1,626,001
- Professional fundraising fees
- $1,940
- Legal fees
- $23,360
- Accounting fees
- $28,194
- Occupancy
- $98,222
- Depreciation
- $30,996
- Program services (functional)
- $1,573,890
- Management and general (functional)
- $442,987
- Fundraising (functional)
- $73,907
Balance sheet and other
- Total assets, start of year
- $12,228,683
- Total assets, end of year
- $11,834,266
- Total liabilities, end of year
- $2,505,058
- Net assets, end of year
- $9,329,208
- Land, buildings and equipment
- $282,311
- Publicly traded securities
- $6,618,413
- Net assets without donor restrictions
- $9,329,208
- Gross receipts
- $10,762,535
- Employees
- 27
- Volunteers
- 20
- Year formed
- 1968
- State of legal domicile
- MA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEANNE STRICKLAND | EXECUTIVE DIRECTOR Officer | 40 | $191,060 | $24,516 |
| GRACE CONNOLLY | DIRECTOR OF FINANCE AND AD Highest-paid employee | 37.5 | $143,116 | $13,123 |
| DINA TROIANI | DIRECTOR OF PROPERTY MANAG Highest-paid employee | 40 | $125,791 | $6,193 |
| ANNE TRIBUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN GALLAGHER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CAREN SILVERLIEB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE DILLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID KOVEN | DIRECTOR/VP Trustee or director, Officer | 1 | $0 | $0 |
| DIANNE REDDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK NEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAYE FREED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GENA NEVO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH SPAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH WEBER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LISA MENELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LIZ SEELEY | DIRECTOR Trustee or director | 1 | $0 |
| MARJORIE PEARSON | DIRECTOR Trustee or director | 1 | $0 |
| MAXWELL EBB | DIRECTOR Trustee or director | 1 | $0 |
| SARA ASMERON | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PALEY | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY DACEY | TREASURER Trustee or director, Officer | 1 | $0 |
| WINNIE EBB | DIRECTOR Trustee or director | 1 | $0 |
| ZAK ATTENBOROUGH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEANNE STRICKLAND | EXECUTIVE DIRECTOR Officer | 40 | $183,677 | $25,625 |
| GRACE CONNOLLY | DIRECTOR OF FINANCE AND ADMIN Highest-paid employee | 37.5 | $135,085 | $12,474 |
| DINA TROIANI | DIRECTOR OF PROPERTY MANAGEMENT Highest-paid employee | 40 | $127,798 | $6,654 |
| ROBERT ENGLER | PRESIDENT (UNTIL 9/23) Trustee or director, Officer | 1 | $0 | $0 |
| JUDITH WEBER | VP (UNT 9/23)/PRES (AS OF 9/23) Trustee or director, Officer | 1 | $0 | $0 |
| DAVID KOVEN | DIRECTOR/VP (AS OF 9/23) Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN GALLAGHER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY DACEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ZAK ATTENBOROUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE DILLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAXWELL EBB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WINNIE EBB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAYE FREED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA KELLY | DIRECTOR (UNTIL 9/23) Trustee or director | 1 | $0 | $0 |
| LISA MENELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK NEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GENA NEVO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN PALEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE PRIESTLEY | DIRECTOR (UNTIL 9/23) Trustee or director | 1 | $0 | $0 |
| LIZ SEELEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREN SILVERLIEB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH SPAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE TRIBUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 425 WATERTOWN ST STE 205, NEWTON, MA 02458-1131
- Principal officer (990 for 2024)
- JUDITH WEBER, 425 WATERTOWN STREET 205, NEWTON, MA 02458
- Signed the 990
- JUDITH WEBER, PRESIDENT
- Phone
- (617) 244-4035
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO DEVELOP A COMPREHENSIVE HOUSING PROGRAM FOR MODERATE AND LOW-INCOME FAMILIES, AND ELDERLY, WHO, BY REASON OF INCOME NEED MORE ADEQUATE HOUSING. TO SERVE AS A "COMMUNITY RELATIONS" RESOURCE PROVIDING ADVOCACY PLANNING FOR THE LOW AND MODERATE-INCOME COMMUNITY IN NEWTON.
Program accomplishments
- DEVELOPMENT AND MANAGEMENT OF 268 UNITS OF LOW AND MODERATE INCOME HOUSING AND ELDERLY HOUSING FACILITIES.Expenses $1,573,890 · revenue $2,364,838
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2453465
- 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
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,834,266
- Income (IRS master file)
- $10,762,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,727,692 | $2,090,784 | $11,834,266 | IRS |
| 990 | December 2023 | $2,535,235 | $2,089,854 | $12,228,683 | XML |
| 990 | December 2022 | $2,246,080 | $1,931,284 | $11,224,820 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 04-2453465).
Questions about NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC
- What is the EIN of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC is 04-2453465.
- Is NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEWTON COMMUNITY DEVELOPMENT FOUNDATION 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 NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JUDITH WEBER.
- Who are the officers and directors of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 3 received compensation from the organization, the highest $191,060 (JEANNE STRICKLAND, EXECUTIVE DIRECTOR).
- How much revenue does NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,727,692, expenses of $2,090,784 and total assets of $11,834,266 at year end.
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