Public Charity

ECONOMIC CORPORATION OF NEWPORT INC

ECONOMIC CORPORATION OF NEWPORT INC, of NEWPORT, NH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $72K in revenue, $30K in expenses, $1.9M in total assets. 1 publicly reported grants to this organization, totaling roughly $6K, appear in IRS filings.

EIN: 223259325 NEWPORT, NH Latest filing: 2025
Total Revenue$72K
Total Expenses$30K
Total Assets$1.9M
Grant Records1
Funding Total$6K
Filing Years2021–2025

Mission

DEVELOP A PLAN FOR ECONOMIC DEVELOPMENT IN NEWPORT, NH, TO PROVIDE THE FOUNDATION FOR STRENGTHENING THE LOCAL ECONOMY AND TO PROMOTE A FAVORABLE CLIMATE FOR ECONOMIC GROWTH OVER AN EXTENDED PERIOD OF TIME, INCLUDING SUPPORTING JOB CREATION OPPORTUNITIES FOR LOW TO MODERATE INCOME PERSONS IN THE NEWPORT, NH AREA THORUGH THE RECRUITMENT OF NEW BUSINESSES.

Sample Grants Received

2024
To support the publication of the Town Times
$6,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Brian Huot
DIRECTOR James Burroughs
DIRECTOR Karen Doucette
DIRECTOR Kate Luppold
DIRECTOR Kristie Howe
PRESIDENT Kyle Harris

Officer compensation and complete director data available with membership.

Top Grant Purposes

To support the publication of the Town Times
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $72K $30K $1.9M
2024 $85K $68K $1.8M
2023 $-121K $269K $1.7M
2022 $70K $101K $2.2M
2021 $27K $82K $2.4M

Between 2021 and 2025, reported annual revenue grew from $27K to $72K (+167%), with total assets most recently reported at $1.9M.

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

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