Iowa · Nonprofit
New Community Development Corporation
New Community Development Corporation (Iowa) receives grants from 11 organizations whose IRS filings report $3,484,596 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,171,500). 7 of them have funded it in more than one year.
- Revenue FY2024
- $3.7M
- Funders on record
- 11
- Grants received
- $3.5M
- Net assets
- $8.6M
What New Community Development Corporation does
Mission
Provides safe, affordable and quality housing for low and moderate income families in Douglas & Sarpy NE & Pottawattamie County IA, with an emphasis in Omaha/Council Bluffs metropolitan area.
As stated on its FY2024 Form 990.
Program
In its efforts to provide save, affordable and high quality housing to low and moderate income families, the Organziation had a dramatic impact on the local community. The Organization placed 9 new home owners in an energy efficent quality home with 4 under construction. The Infil program helps bridge the affordability gap with down payment assistance for qualified buyers of the newly constructed homes while increasing the tax base of the areas the homes are built. The Organization also operated 336 rental units with a focus on those who are low to moderate income.
$3,016,101 spentof which $6,000 as grants$2,852,138 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,016,101.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2022 to 2023, from $11M to $13M (+17%).
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: 2017 23% · 2018 9% · 2019 18% · 2020 14% · 2021 17% · 2022 10% · 2023 11% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.
21% of New Community Development Corporation’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 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
David Hazlewood
Chief Executive Officer
Board chair
Joshua Berry
Board President
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $451k → $424k.
2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of New Community Development Corporation’s funders (the co-funder graph). Top 9 of 11 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
New Community Development Corporation leans on a few funders — its largest provides 62% of grant income and the top three 89%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund New Community Development Corporation.
Largest funder’s share by year: 2017 53% · 2018 89% · 2019 100% · 2020 100% · 2021 91% · 2022 48% · 2023 56% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of New Community Development Corporation's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
New Community Development Corporation draws 84% of its grant income from funders outside Iowa, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $30k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
New Community Development Corporation holds deeper cash reserves than three-quarters of the 3,978 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,978 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like New Community 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 Iowa
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 13 related entities
- New Community Holdings LLC · disregarded
- Anathoth LLC · disregarded
- Burlington Square III LLC · disregarded
- Clark Place II LLC · disregarded
- Fullwood Square II LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for New Community 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 Community Development Corporation?
- New Community Development Corporation (Iowa) receives grants from 11 organizations whose IRS filings report $3,484,596 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,171,500). 7 of them have funded it in more than one year.
- How many funders does New Community Development Corporation have?
- IRS filings report 11 organizations giving $3,484,596 in grants to New Community Development Corporation, 7 of which have funded it in more than one year.
- Who is the largest funder of New Community Development Corporation?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $2,171,500 in grants. The full list of funders is on this page.
- How can an organization like New Community Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 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 22, 2026. What this page cannot tell you · view filing