Public Charity

NEWARK DEVELOPMENT PARTNERS

NEWARK DEVELOPMENT PARTNERS, of NEWARK, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.1M in revenue, $771K in expenses, $18.5M in total assets. 15 publicly reported grants to this organization, totaling roughly $839K, appear in IRS filings.

EIN: 461551173 NEWARK, OH Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$2.1M
Total Expenses$771K
Total Assets$18.5M
Grant Records15
Funding Total$839K
Filing Years2018–2024

Mission

TO LESSEN THE BURDENS OF CITY GOVERNMENT AND TO ALLEVIATE POVERTY IN THE LOCAL AREA BY INCENTIVIZING INVESTMENTS IN THE CITY OF NEWARK, OHIO, IN ORDER TO PROMOTE AND SUSTAIN ECONOMIC DEVELOPMENT, CREATE JOBS AND FURTHER IMPROVE THE BUSINESS, INDUSTRIAL AND RESIDENTIAL LIVING AREAS OF THE CITY.

Where $100 goes at Newark Development Partners

How Newark Development Partners divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$86 Programs the work itself
$14 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 $86 for programs

$86
Encourage economic development in the city of Newark
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.

Sample Grants Received

2024
RENOVATION OF HISTORICAL ARCADE
$120,000
2024
MULTI-YEAR GRANT, YEAR 3
$71,000
2024
SPONSORSHIP OF AN EVENT THAT FURTHERS THEIR EXEMPT PURPOSE.
$25,000
2023
NEWARK ARCADE PROJECT
$110,000
2023
SPONSORSHIP OF AN EVENT THAT FURTHERS THEIR EXEMPT PURPOSE.
$75,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

DIRECTOR Brandon Fox
DIRECTOR Brian Morehead
CHAIRMAN Daniel Delawder
DIRECTOR David Rhodes
EXECUTIVE DIRECTOR Fred Ernest
DIRECTOR Jennifer Mccdonald

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$319,887 6 grants
Fundraising & Sponsorship
$149,250 6 grants
Unspecified
$370,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.1M $771K $18.5M
2023 $3.3M $1.2M $14.5M
2022 $867K $716K $12.4M
2020 $2.8M $333K $4.5M
2018 $585K $262K $1.9M

Between 2018 and 2024, reported annual revenue grew from $585K to $2.1M (+252%), with total assets most recently reported at $18.5M.

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

See the full picture for NEWARK DEVELOPMENT PARTNERS

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