Mission
INCREASE THE QUANTITY AND QUALITY OF HOUSING IN NEWTON, IOWA
Public Charity
NEWTON HOUSING DEVELOPMENT CORPORATION
NEWTON HOUSING DEVELOPMENT CORPORATION, of NEWTON, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $143K in revenue, $74K in expenses, $3.3M in total assets. 6 publicly reported grants to this organization, totaling roughly $55K, appear in IRS filings.
EIN: 421366201
NEWTON, IA
Housing Rehabilitation
NTEE: L25
Latest filing: 2024
Total Revenue$143K
Total Expenses$74K
Total Assets$3.3M
Grant Records6
Funding Total$55K
Filing Years2020–2024
Where $100 goes at Newton Housing Development Corporation
How Newton Housing Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
Acquisition and sale for development of new housing
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.
Sample Grants Received
$9,266
$8,500
$9,825
GENERAL SUPPORT
$8,725
GENERAL SUPPORT
$8,725
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
DIRECTOR
Allison Udelhoven
SECRETARY
Amy Trease
TREASURER
Bev Price
DIRECTOR
Bob Cupples
DIRECTOR
Bruce Showalter
DIRECTOR
Dan Kunkel
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $143K | $74K | $3.3M |
| 2023 | $104K | $82K | $3.5M |
| 2022 | $143K | $66K | $3.5M |
| 2021 | $71K | $65K | $1.0M |
| 2020 | $140K | $70K | $1.3M |
Between 2020 and 2024, reported annual revenue grew from $140K to $143K (+3%), with total assets most recently reported at $3.3M.
Interactive year-over-year charts and full filing details available with membership.