Connecticut · Nonprofit
NEW COLONY DEVELOPMENT CORPORATION
NEW COLONY DEVELOPMENT CORPORATION (Connecticut) receives grants from 1 organization whose IRS filings report $0 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($0). 0 of them have funded it in more than one year.
- Revenue FY2025
- $167k
- Funders on record
- 1
- Grants received
- $0
- Net assets
- $44k
What New Colony Development Corporation does
Mission
To work with municipal, public, regional, private or quasi-public entities and organizations as the corporation deems necessary and appropriate to directly or indirectly benefit the economic climate.
As stated on its FY2025 Form 990-EZ.
Program
To remediate, repair, improve, build, erect and construct buildings to promote opportunities for small businesses. Organization can take title of contaminated property as a ct certified brownfield land bank bank
$0 spent
The program described on its FY2024 Form 990-EZ.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $261 to $282k (+107944%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2024 93%. Grants only. Government contracts and fees sit inside program revenue.
100% of NEW COLONY DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Dale Kroop
Executive director
As listed on its FY2024 Form 990-EZ.
Against its field
NEW COLONY DEVELOPMENT CORPORATION has grown faster than half of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Government funding NEW COLONY DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Pass thru Grant Non-State$2.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEW COLONY DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW COLONY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW COLONY DEVELOPMENT CORPORATION?
- NEW COLONY DEVELOPMENT CORPORATION (Connecticut) receives grants from 1 organization whose IRS filings report $0 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($0). 0 of them have funded it in more than one year.
- How many funders does NEW COLONY DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $0 in grants to NEW COLONY DEVELOPMENT CORPORATION.
- Who is the largest funder of NEW COLONY DEVELOPMENT CORPORATION?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
- How can an organization like NEW COLONY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing