Mission
To promote and encourage the revitalization of the City of Durham North Carolina through the acquisition, construction and/or lease of real estate and improvements, facilities and equipment for the use of the general public.
Public Charity
NEW DURHAM CORPORATION
NEW DURHAM CORPORATION is a Public Charity headquartered in Durham, NC. Financial data from the 2025 filing: $11.1M revenue, $11.1M expenses, $242.3M total assets.
EIN: 561529636
Durham, NC
Chambers of Commerce & Business Leagues
NTEE: S41
Latest filing: 2025
Total Revenue$11.1M
Total Expenses$11.1M
Total Assets$242.3M
Grant Records0
Filing Years2020–2025
Where $100 goes at New Durham Corporation
How New Durham Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 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
Code 900099
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
President
Bo Ferguson
SECRETARY/TREASURER
Mindy Taylor
VICE-PRESIDENT
Tim Flora
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $11.1M | $11.1M | $242.3M |
| 2024 | $9.5M | $9.5M | $261.7M |
| 2023 | $7.4M | $7.4M | $226.6M |
| 2021 | $7.6M | $7.6M | $176.8M |
| 2020 | $8.7M | $8.7M | $200.3M |
Between 2020 and 2025, reported annual revenue grew from $8.7M to $11.1M (+27%), with total assets most recently reported at $242.3M.
Interactive year-over-year charts and full filing details available with membership.