NonprofitsNewtown Community Development Corporation

Housing & Shelter

Newtown Community Development Corporation

TEMPE, AZ

Total revenue

$4.7M

Total expenses

$2.9M

Net assets

$14.3M

Grants received

$529K

11 grants

EIN

860793043

Tax year

2023

Mission

Newtown helps people improve their financial well-being while strengthening communities through education, counseling, coaching and the development and stewardship of permenently affordable homes.

Programs

1 program

Community land trust - newtown is also well-known for its community land trust (clt) which is the development of permanent homes that provide homeownership opportunites for generations of lower income families. Created in 2001, newtowns clt is the largest in arizona and includes over 200 homes throughout maricopa county. During fiscal year 2023-2024 newtown developed 27 units of affordable housing.

Expenses: $230K

Financials

FY 2023

Revenue

Contributions & grants$4.9M
Program service revenue$147K
Investment income$2K
Other revenue
Total revenue$4.7M

Expenses

Grants paid$2.0M
Salaries & benefits$587K
Fundraising
Other expenses$287K
Total expenses$2.9M
Total assets$21.2M
Net assets$14.3M

People

14 listed

NameRoleCompensation

STEPHANIE BREWER

EXECUTIVE DIRECTOR

Board

$127K

40 hrs/wk

BRIAN MCKAY

DIRECTOR

Board

2 hrs/wk

KIRK ROBERT

DIRECTOR

Board

2 hrs/wk

STEVE GILLIEM

DIRECTOR

Board

2 hrs/wk

JEFFERY TICE

DIRECTOR

Board

2 hrs/wk

ROSANNE TERRELL

DIRECTOR

Board

2 hrs/wk

MIKE PATTEN

DIRECTOR

Board

2 hrs/wk

STEPHEN COLE

DIRECTOR

Board

2 hrs/wk

CLARA ALI

DIRECTOR

Board

2 hrs/wk

KELSEY CRAWFORD

DIRECTOR

Board

2 hrs/wk

VANESSA ISAULA

VICE-CHAIR

Board

2 hrs/wk

JOHN ANGUIANO

CHAIR

Board

2 hrs/wk

MICHAEL FETT

TREASURER

Board

2 hrs/wk

DOREEN DURAN

SECRETARY

Board

2 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$50K
GENERAL SUPPORT
2023
$10K
SUPPORT HOUSING COUNSELING
2023
$35K
PROGRAM/OPERATING SUPPORT
2022
$10K
SUPPORT HOUSING COUNSELING
2022
$325K
IN SUPPORT OF AFFORDABLE HOUSING
2020
$10K
HELPING PEOPLE AFFORD HOUSES
2020
$9K
Together Tempe/Agency Review Human SvcsFunding 2020-21
2020

Funded by

$529K from 7 funders · 11 grants · 2020–2023

Jpmorgan Chase Foundation

$325K · 1 grant · 2020

The Bank of America Charitable Foundation Inc

$95K · 3 grants · 2020–2022

Arizona Community Foundation

$50K · 1 grant · 2023

The Zions Bancorporation Foundation

$30K · 3 grants · 2020–2023

Tempe Community Council Inc

$9K · 1 grant · 2020

Details

EIN860793043
NTEE codeL20
Subsection03
Ruling date1995-09
Formed1994
Employees9
NEWTOWN COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo