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 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.

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

RENOVATION OF HISTORICAL ARCADE.
$200,000 1 grant
SPONSORSHIP OF AN EVENT THAT FURTHERS THEIR EXEMPT PURPOSE.
$149,250 6 grants
RENOVATION OF HISTORICAL ARCADE
$120,000 1 grant
NEWARK ARCADE PROJECT
$110,000 1 grant
MULTI-YEAR GRANT, YEAR 3
$71,000 1 grant

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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