Public Charity

NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION

NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION, of Florence, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $548K in revenue, $529K in expenses, $-650 in total assets. 49 publicly reported grants to this organization, totaling roughly $3.2M, appear in IRS filings.

EIN: 473582552 Florence, SC Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$548K
Total Expenses$529K
Total Assets$-650
Grant Records49
Funding Total$3.2M
Filing Years2021–2025

Mission

Our mission is to build environmental economic justice and improve health in low income communities by organizing, educating, changing policies and building just and equitable programs.

Where $100 goes at New Alpha Community Development Corporation

How New Alpha Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$85 Programs the work itself
$15 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 $85 for programs

$47
New Alpha CDC continued advancing development of the 305-acre property formerly known as Woodbury Plantation, now renamed Freedom Land
56% of program spending · Reported in the filing: 32 individuals
$27
In parallel with site development, New Alpha CDC expanded its food access and agricultural support initiatives across Marlboro, Darlington, Florence, Marion, and Beaufort counties
31% of program spending
$11
While we initially explored a workforce and business development initiative focused on EV installation, we shifted that effort toward financial empowerment
13% of program spending · Reported in the filing: 30 families
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Chair Donna Faye Dickey
Executive Director Leo Woodberry
Chief Financial Officer Loretta Slater
Secretary Rosa Lee Fore

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,039,610 21 grants
Environment & Conservation
$652,582 14 grants
Economic Development
$172,000 4 grants
Training & Professional Development
$125,000 3 grants
Education
$120,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $548K $529K $-650
2024 $1.2M $1.4M $-20K
2023 $977K $988K $191K
2022 $855K $864K $202K
2021 $536K $355K $211K

Between 2021 and 2025, reported annual revenue grew from $536K to $548K (+2%), with total assets most recently reported at $-650.

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

See the full picture for NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION

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