NonprofitsNew Town Macon Inc

Community Improvement & Capacity Building

New Town Macon Inc

MACON, GA

Total revenue

$2.7M

Total expenses

$3.8M

Net assets

$21.5M

Grants received

$3.5M

25 grants

EIN

582273893

Tax year

2023

Mission

Invest time, resources, and money in local people and businesses to revitalize downtown macon.

Programs

3 programs

Creating a sense of place: a desirable neighborhood is both livable and walkable, so newtown macon is promoting the downtown lifestyle and providing recreational activities. Newtown promotes a sense of place by managing first friday events, beautifying the streets, promoting downtown events, and promoting the development of the ocmulgee heritage trail. Newtown macon also promotes downtown living through marketing and branding, and by helping people find a place to live through the loft finder online service at newtownmacon.com/loft-finder. Through these strategies, downtown macon is attracting new residents. We ended the year at our goal of 92% occupancy within downtown macon's loft rental units.

Expenses: $992KGrants: $192K

The ocmulgee heritage trail (oht) oht continues to be one of our main focuses as a public/private partnership. Newtown macon runs an advisory committee to plan and manage expansion and improvement of the trail system and raise private funds to enable these improvements through the oht construction fund. Once improvements are complete, newtown turns the improvements over to local government to run as public park space in perpetuity. The committee finalized a new master plan to guide the next twenty-five years of trail development.

Expenses: $250K

Growing jobs and increasing residents: one of the most transformative ways newtown macon is changing downtown is by turning vacant, dilapidated buildings into beautiful, useful spaces. Newtown is growing jobs and increasing residents by protecting endangered buildings through the transitional property fund (tpf). This fund allows a building owner to donate or partially donate a building to newtown, and newtown matches the building to capable developers. The tpf held one property during the fiscal year for future development, which is a developable riverfront lot at 167 riverside dr. One property previously held by the tpf remained in the development process during the fiscal year: 442 second street, which is under construction for lofts and a retail tenant. The tpf completed the rehabilitation of one previously abandoned building and returned this building to service during the year: 536 third st., which now contains 28 rental lofts and three storefronts. The tpf continued to independently own and rehabilitate 455 third st., a historic theatre. Two previously-rehabilitated tpf projects remained under shared ownership including a boutique hotel at 350 second st. And a mixed-use building at 596 cherry st. Previous tpf projects include: 518-530 cherry st. (travis jean), 552-580 cherry st. (lamar lofts), 566 poplar st., 546 poplar st., 382 second st. (capitol theatre), 555 poplar st., 454 terminal ave., 360 sixth st., riverside dr. Assemblage, 300 cherry st. (sports hall),745 poplar st. (shrine temple), 461 third st., and 540 martin luther king, jr. Blvd. (mercer music at capricorn).

Expenses: $356K

Financials

FY 2023

Revenue

Contributions & grants$1.4M
Program service revenue$438K
Investment income$1.2M
Other revenue
Total revenue$2.7M

Expenses

Grants paid$192K
Salaries & benefits$1.2M
Fundraising$185K
Other expenses$2.4M
Total expenses$3.8M
Total assets$43.6M
Net assets$21.5M

People

31 listed

NameRoleCompensation

JOSHUA M ROGERS

PRESIDENT &

Board

$242K

40 hrs/wk

JAMES FRITZE

CFO

Board

$136K

40 hrs/wk

VIRGIL ADAMS

DIRECTOR

Board

1 hrs/wk

GARY BECHTEL

DIRECTOR

Board

1 hrs/wk

EMBER BENTLEY

DIRECTOR

Board

1 hrs/wk

LORI BREWER

DIRECTOR

Board

1 hrs/wk

JIM DAWS

DIRECTOR

Board

1 hrs/wk

R KRIS ELLIS

DIRECTOR

Board

1 hrs/wk

DELVECCHIO FINLEY

DIRECTOR

Board

1 hrs/wk

CARYN FREY

DIRECTOR

Board

1 hrs/wk

DR R KIRBY GODSEY

CHAIR EMERIT

Board

1 hrs/wk

CORRIE HALL

DIRECTOR

Board

1 hrs/wk

PATRICK HARRIS

DIRECTOR

Board

1 hrs/wk

ROBERT F HATCHER

SECRETARY

Board

5 hrs/wk

CURTIS HERTWIG

DIRECTOR

Board

1 hrs/wk

KAREN LAMBERT

VICE CHAIR

Board

5 hrs/wk

BRUCE LEICHT

TREASURER

Board

5 hrs/wk

BLAKE LISENBY

OF COUNSEL

Board

5 hrs/wk

LESTER MILLER

DIRECTOR

Board

1 hrs/wk

EMILY MYERS

DIRECTOR

Board

1 hrs/wk

BRYAN NICHOLS

DIRECTOR

Board

1 hrs/wk

CHRISTINA O'BRIEN

DIRECTOR

Board

1 hrs/wk

JACOB PATTON

DIRECTOR

Board

1 hrs/wk

SCOTT SEIGEL

DIRECTOR

Board

1 hrs/wk

CHRIS R SHERIDAN

CHAIR OHT CO

Board

5 hrs/wk

RON SHIPMAN

DIRECTOR

Board

1 hrs/wk

DAVID THOMPSON

DIRECTOR

Board

1 hrs/wk

WILLIAM UNDERWOOD

CHAIR

Board

5 hrs/wk

JESSICA WALDEN

DIRECTOR

Board

1 hrs/wk

THOMAS WICKER

PAST CHAIR

Board

1 hrs/wk

TRAVIS WILLIAMS

DIRECTOR

Board

1 hrs/wk

Independent contractors

BLOCK BY BLOCK

CONSTRUCTION

$375K

AIR PLANNING LLC

TRAVEL

$111K

AMF COMPANIES

CONSTRUCTION

$103K

Grants received

Showing 25 of 25

FromAmountPurposeYear
$200K
General Purpose of Organization
2024
$22K
2023 CHRISTMAS LIGHTS & 2024 FIRST FRIDAY SPONSORSHIP
2024
$11K
GENERAL SUPPORT
2024
$500K
TO SUPPORT NEWTOWN MACON IN INCREASING THE NUMBER OF BLACK-OWNED BUSINESSES IN DOWNTOWN MACON BY IMPROVING ACCESS TO CAPITAL AND PROVIDING EXTENSIVE COACHING AND TRAINING FOR ENTREPRENEURS.
2023
$500K
TO SUPPORT NEWTOWN MACON IN INCREASING THE NUMBER OF BLACK-OWNED BUSINESSES IN DOWNTOWN MACON BY IMPROVING ACCESS TO CAPITAL AND PROVIDING EXTENSIVE COACHING AND TRAINING FOR ENTREPRENEURS.
2023
$400K
General Purpose of Organization
2023
$15K
GENERAL FUND
2023
$12K
FIRST FRIDAY SPONSORSHIP
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$500K
PROVIDE 1:1 MATCH OF MACON-BIBB COUNTYS $1M CONTRIBUTION OF AMERICAN RESCUE PLAN ACT (ARPA) FUNDING TO ESTABLISH NEWTOWN MACONS NEIGHBORHOOD REVOLVING LOAN FUND (THE FUND). THE FUND WILL SUPPORT RESIDENTS' PURCHASE/RENOVATION OF 20+ BLIGHTED RESIDENTIAL PROPERTIES WITHIN MACONS URBAN CORE NEIGHBORHOODS AND INCREASE DOWNTOWN INVENTORY OF QUALITY, AFFORDABLE WORKFORCE HOUSING.
2022
$500K
TO SUPPORT A 1-MILE EXTENSION OF THE CURRENTLY 13-MILE OCMULGEE HERITAGE TRAIL (OHT) THAT WILL CONNECT MACONS HISTORIC PLEASANT HILL NEIGHBORHOOD TO DOWNTOWN MACONS ECONOMY AND PUBLIC SPACES VIA A PERMANENT, DEDICATED PATH.
2022
$500K
TO SUPPORT EFFORTS TO IMPROVE ACCESS TO CAPITAL AND PROVIDE EXTENSIVE COACHING AND TRAINING FOR ENTREPRENUERS IN DOWNTOWN MACON, MANY OF WHICH ARE BLACK-OWNED.
2022
$10K
CHARITABLE DONATION
2022
$10K
SUPPORT NEWTOWN MACON
2022
$10K
COMMUNITY SUPPORT
2022
$200K
General Purpose of Organization
2021
$10K
SUPPORT NEWTOWN MACON
2021
$50K
TO SUPPORT THE EXPANSION OF THE OCMULGEE HERITAGE TRAIL.
2020
$25K
GENERAL OPERATING
2020
$25K
TO SUPPORT OUTREACH, TRAINING AND COACHING TO MACON'S SMALL BUSINESS AND NON PROFIT COMMUNITY REGARDING COVID-19 RESPONSE AND RECOVERY OPPORTUNITIES.
2020
$10K
General Purpose of Organization
2020
$10K
SUPPORT NEWTOWN MACON
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2019
$5K
Community Sponsorship
2017

Funded by

$3.5M from 10 funders · 25 grants · 2017–2024

John S And James L Knight Foundation

$2.6M · 7 grants · 2020–2023

Phil J & Alice S Sheridan

$810K · 4 grants · 2020–2024

Robins Financial Credit Union

$64K · 5 grants · 2020–2024

Truist Foundation Inc

$25K · 1 grant · 2020

Morgan Stanley Global Impact Funding Trust Inc

$20K · 3 grants · 2019–2023

Griffith Family Foundation Inc

$15K · 1 grant · 2023

Centre For Public Impact North

$11K · 1 grant · 2024

Charities Aid Foundation America

$10K · 1 grant · 2022

Details

EIN582273893
NTEE codeS21
Subsection03
Ruling date1998-05
Formed1998
Employees15
Volunteers185
NEW TOWN MACON INC — Mission, Financials & Grants Received | Grantivo