Public Charity

NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC

Based in NEWTON, MA, NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC operates as a Public Charity. The organization reported $1.5M in revenue, $2.0M in expenses, $2.7M in total assets for fiscal year 2024. Imperigo tracks 2 reported grants from this foundation totaling approximately $5.1M.

EIN: 042646739 NEWTON, MA Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2024
Total Revenue$1.5M
Total Expenses$2.0M
Total Assets$2.7M
Grants Given2
Grant Total$5.1M
Filing Years2019–2024

Mission

PROVIDES AFFORDABLE HOUSING TO THE ELDERLY

Where $100 goes at Newton Community Development Foundation II Inc

How Newton Community Development Foundation II Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$96
The purpose of the organization is limited to owning, developing, leasing, managing, financing, construction, improving and sale of property at 195 sumner street Newton, ma
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anne Tribush
SECRETARY Brian Gallagher
DIRECTOR Caren Silverlieb
DIRECTOR Christine Dillon
VICE PRESIDENT David Koven
DIRECTOR Dianne Reddy

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$4,287,089 1 grant
General Support
$780,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $2.0M $2.7M
2023 $1.5M $1.2M $3.3M
2022 $1.4M $1.2M $3.1M
2020 $1.3M $5.6M $3.9M
2019 $1.3M $1.0M $2.3M

Between 2019 and 2024, reported annual revenue grew from $1.3M to $1.5M (+22%), with total assets most recently reported at $2.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

MA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC

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