Public Charity

NEW CHARLOTTE CORPORATION

NEW CHARLOTTE CORPORATION is a nonprofit organization categorized as Public Charity based in CHARLOTTE, NC. Its most recent IRS filing (2025) reports revenue of $37.8M, expenses of $37.8M, total assets of $806.8M.

EIN: 561720167 CHARLOTTE, NC Support N.E.C. NTEE: W19 Latest filing: 2025
Total Revenue$37.8M
Total Expenses$37.8M
Total Assets$806.8M
Grant Records0
Filing Years2021–2025

Mission

PROMOTE THE GENERAL WELFARE OF THE CITY OF CHARLOTTE AND ASSIST THE CITY BY ACQUIRING, CONSTRUCTING, OPERATING, OR LEASING REAL ESTATE, FACILITIES, & EQUIPMENT.

Officers & Directors

VP SECT/TREASURER Matthew Hastedt
PRESIDENT Teresa T Smith

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $37.8M $37.8M $806.8M
2024 $39.1M $39.1M $854.1M
2023 $35.9M $35.9M $797.1M
2022 $38.3M $38.3M $852.1M
2021 $41.2M $41.2M $864.9M

Between 2021 and 2025, reported annual revenue declined from $41.2M to $37.8M (-8%), with total assets most recently reported at $806.8M.

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

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