Mission
To expand economic opportunities to grow wealth and home ownership in the Charlottesville Black community through financial coaching, entrepreneurial support, economic development and asset building.
Public Charity
NEW HILL DEVELOPMENT CORPORATION
NEW HILL DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in CHARLOTTESVILLE, VA. Its most recent IRS filing (2024) reports revenue of $2.1M, expenses of $916K, total assets of $3.8M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $174K.
EIN: 831107639
CHARLOTTESVILLE, VA
Latest filing: 2024
Total Revenue$2.1M
Total Expenses$916K
Total Assets$3.8M
Grant Records9
Funding Total$174K
Filing Years2019–2024
Sample Grants Received
General operating support
$7,500
For grant recipient's exempt purposes
$30,000
For grant recipient's exempt purposes
$50,500
FEASIBILITY STUDY FOR THE DEVELOPMENT OF A SHARED COMMERCIAL KITCHEN AS PART OF THE BEACON (BLACK ENTREPRENEURIAL ADVANCEMENT AND COMMUNITY OPPORTUNITY NETWORK) PROJECT
$21,000
GENERAL OPERATING SUPPORT
$10,000
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
Chair
Anne Baker Brown
Past Chair
Caruso Brown
Director
Dr A Rashard Dacus
Director
Dr Tamara Ryan
Director
Elizabeth Kennan
Director
Hollie Lee
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.1M | $916K | $3.8M |
| 2023 | $490K | $581K | $393K |
| 2022 | $455K | $457K | $87K |
| 2020 | $122K | $137K | $63K |
| 2019 | $592K | $510K | $77K |
Between 2019 and 2024, reported annual revenue grew from $592K to $2.1M (+261%), with total assets most recently reported at $3.8M.
Interactive year-over-year charts and full filing details available with membership.