Newsed Community Development Corporation Inc
Newsed Community Development Corporation Inc
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About this organization
Mission
NEWSED promotes the economic success of underserved populations in the seven-county Denver metro area through community development with a focus on affordable housing, small businesses and asset creation.
About
Property Management: Maintain housing projects in the Denver area specifically designed to support eligible low-income households.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “Newsed community development corporation, inc. (newsed cdc) was created to develop low income housing opportunities, to identify and eliminate discrimination in the housing area, and to raise the economic, educational, cultural and social level of the residents of the city and county of denver.”.
When referring to its functions, they were specified as: “Newsed community development corporation, inc. (newsed cdc) was created to develop low income housing opportunities, to identify and eliminate discrimination in the housing area, and to raise the economic, educational, cultural and social level of the residents of the city and county of denver.”.
- The non-profit has reported their operating state as CO, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 2120 West 7th Avenue, DENVER, CO, 80204.
- The non-profit's form reports a total of 13 employees as of 2020.
- 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 between $500,000 and $1,000,000+.
- Revenue less expenses is -$593,934.
- 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 10 independent voting members.
- The organization was formed in 1983.
- 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 pays $520,133 in salary, compensation, and benefits to its employees.
- The organization pays $78,996 in fundraising expenses.
- 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 a business related organization transaction.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.
Additional Non-Profits in the area
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