New Town Macon Inc
New Town Macon Inc
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About this organization
Mission
NewTown Macon’s mission is to attract, leverage and invest in self-sustaining transformation in Downtown Macon. Our vision is a vibrant and authentic city experience unparalleled in the South.
About
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. ONE OF THE MOST TRANSFORMATIVE WAYS NEWTOWN MACON IS CHANGING DOWNTOWN IS BY TURNING VACANT, DILAPIDATED BUILDINGS INTO BEAUTIFUL USEFUL SPACES. ANOTHER WAY THAT NEWTOWN CREATES A SENSE OF PLACE IS BY PROTECTING ENDANGERED BUILDINGS BY USING 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 ACQUIRED A 7,000SF FIRST-FLOOR CONDO AT 544 MULBERRY ST., CONTAINING TWELVE RENTAL OFFICE SUITES TO EXPAND NEWTOWN'S COWORKING SPACE. THE TPF ENTERED INTO A JOINT DEVELOPMENT AGREEMENT WITH A PRIVATE DEVELOPER TO REHABILITATE THE HISTORIC BUILDING AT 596 CHERRY ST. INTO LOFTS AND COMMERCIAL SPACE. THE TPF HELD ONE PROPERTY DURING THE FISCAL YEAR FOR FUTURE DEVELOPMENT, WHICH IS A DEVELOPABLE RIVERFRONT LOT AT 167 RIVERSIDE DR. THE TPF CONTINUED THE REHABILITATION OF A HISTORIC BUILDING AT 520 MULBERRY ST, WHICH WILL BE REDEVELOPED INTO 12 LOFTS AND TWO STOREFRONTS. TWO PROPERTIES PREVIOUSLY HELD BY THE TPF WERE IN THE DEVELOPMENT PROCESS DURING THE FISCAL YEAR: 476 SECOND STREET, WHICH IS UNDER CONSTRUCTION FOR LOFTS AND A RETAIL TENANT, AND THE HISTORIC CAPRICORN RECORDING STUDIO, WHICH WAS PROTECTED BY A PERPETUAL EASEMENT BEFORE MERCER UNIVERSITY LAUNCHED AN AMBITIOUS REHABILITATION PLAN TO RETURN THE STUDIO TO USE. PREVIOUS TPF PROJECTS INCLUDE: 518-530 CHERRY ST. (TRAVIS JEAN), 552-580 CHERRY ST. (LAMAR LOFTS), 566 POPLAR ST., 546 POPLAR ST., 350 SECOND ST. (CAPITOL), 555 POPLAR ST., 454 TERMINAL AVE., 360 SIXTH ST., RIVERSIDE DR. ASSEMBLAGE, 300 CHERRY ST. (SPORTS HALL) AND 745 POPLAR ST. (SHRINE TEMPLE) THE OCMULGEE HERITAGE TRAIL (OHT) CONTINUES TO BE ONE OF OUR MAIN FOCUSES AS A PUBLIC/PRIVATE PARTNERSHIP. NEWTOWN MACON CONTINUES TO RUN 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. DURING THE FISCAL YEAR, CONSTRUCTION BEGAN ON A 1.75-MILE EXTENSION OF THE OHT FROM THE OTIS REDDING BRIDGE THROUGH THE OCMULGEE MOUNDS NATIONAL HISTORICAL PARK, CONNECTING TO THE PARK'S EXISTING TRAIL SYSTEM.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “Newtown macon's mission is to attract, leverage and invest in self- sustaining transformation.”.
When referring to its functions, they were specified as: “Newtown macon's mission is to attract, leverage and invest in self- sustaining transformation.”.
- The non-profit has reported their operating state as GA, as required by law.
- As stated in the filing, the non-profit's address in 2019 was 555 POPLAR STREET, MACON, GA, 31201.
- The non-profit's form reports a total of 15 employees as of 2019.
- The non-profit has outstanding loans as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $5,095,007.
- The CEO's salary policy within the organization is established through a review process by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 27 independent voting members.
- The organization was formed in 1998.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $593,707 in salary, compensation, and benefits to its employees.
- The organization pays $123,484 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related family member transaction.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.