Public Charity

NEWTON DEVELOPMENT CORPORATION

NEWTON DEVELOPMENT CORPORATION is a Public Charity headquartered in NEWTON, IA. Financial data from the 2025 filing: $207K revenue, $169K expenses, $752K total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $10K.

EIN: 426076592 NEWTON, IA Latest filing: 2025
Total Revenue$207K
Total Expenses$169K
Total Assets$752K
Grants Given1
Grant Total$10K
Filing Years2021–2025

Mission

THE NEWTON DEVELOPMENT CORPORATION STRIVES TO IMPROVE THE ECONOMIC WELL-BEING OF THE NEWTON COMMUNITY. WE ACCOMPLISHTHIS THROUGH COLLABORATION WITH OTHER COMMUNITY STAKEHOLDERS TO INCREASE INVESTMENT IN NEWTON BY RETAINING, GROWING,AND ATTRACTING BUSINESS. OUR SUCCESS IS MEASURED THROUGH GROWTH IN EMPLOYMENT, POPULATION, HOUSING, RETAIL SALES, TAXBASE, HEALTHCARE ACCESSIBILITY AND SCHOOL ENROLLMENT. WE WILL FOLLOW THESE PRINCIPLES AND VALUES; HONESTY, INTEGRITY,RESPECT, PROFESSIONALISM, TEAMWORK AND AN APPROPRIATE BALANCE OF TRANSPARANCY AND CONFIDENTIALITY.

Sample Grants Given

IOWA INTERSTATE RAILROAD
NEWTON, IA · 2025
OPERATION ASSISTANCE
$10,000

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

Officers & Directors

DIRECTOR Amanda Accola
DIRECTOR Amanda Dougherty
DIRECTOR Chad Kelley
EXECUTIVE DIRECTOR Frank Liebl
DIRECTOR Jason Lauterbach
VICE CHAIR/TREASURER Jeff Price

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATION ASSISTANCE
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $207K $169K $752K
2024 $215K $171K $744K
2023 $234K $207K $701K
2022 $216K $206K $676K
2021 $277K $201K $664K

Between 2021 and 2025, reported annual revenue declined from $277K to $207K (-25%), with total assets most recently reported at $752K.

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

Grant Geography

Grants from this foundation were reported to recipients in IA.

IA

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

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