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NEWTON DEVELOPMENT CORPORATION

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Public nonprofit record

NEWTON DEVELOPMENT CORPORATION

EIN 42-6076592 · Homeowners & Tenants Associations (L50)

What they do

THE NEWTON DEVELOPMENT CORPORATION STRIVES to IMPROVE THE ECONOMIC WELL-BEING of THE NEWTON COMMUNITY. WE ACCOMPLISHTHIS THROUGH COLLABORATION WITH OTHER COMMUNITY STAKEHOLDERS to INCREASE INVESTMENT IN NEWTON BY RETAINING, GROWING,AND ATTRACTING BUSINESS. OUR SUCCESS is MEASURED THROUGH GROWTH IN EMPLOYMENT, POPULATION, HOUSING, RETAIL SALES, TAXBASE, HEALTHCARE ACCESSIBILITY and SCHOOL ENROLLMENT. WE WILL FOLLOW THESE PRINCIPLES and VALUES; HONESTY, INTEGRITY,RESPECT, PROFESSIONALISM, TEAMWORK and AN APPROPRIATE BALANCE of TRANSPARANCY and CONFIDENTIALITY.

Money

Financial picture

Tax year 2025
Revenue$206,947
Expenses$169,261
Assets$751,520
Income$206,947
Contributions$77,000
Grants given$10,000
Average grant$10,000
Management$21,744
Accounting fees$2,950

About this charity

Recognized since
January 1964
Location
403 W 4TH ST N 210, NEWTON, IA 50208
County
Jasper
In care of
JEFF PRICE
Primary officer
JEFF PRICE, VICE PRESIDENT/TREASURER

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
DENMAN CPA LLP
NTEE classification
Homeowners & Tenants Associations (L50)
IRS tax category
Homeowners & Tenants Associations
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
06
Affiliation
3
Classification
2000
Deductibility
2
Activity
403000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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