Colorado · Nonprofit
NEWSED COMMUNITY DEVELOPMENT CORP INC
NEWSED COMMUNITY DEVELOPMENT CORP INC (Colorado) receives grants from 18 organizations whose IRS filings report $1,876,675 to it, the largest being Nueva Esperanza Inc ($407,845). 13 of them have funded it in more than one year.
- Revenue FY2024
- $1.9M
- Funders on record
- 18
- Grants received
- $1.9M
- Net assets
- $2.6M
What Newsed Community Development Corp Inc does
Mission
Newsed community development corporation, inc. (newsed cdc) was created to develop low income housing opportunites, to identify and eliminate discrimination in the housing area, and to raise economic, educational, cultural and social level of the residents on the city and county of denver .
As stated on its FY2024 Form 990.
Programs
Housing development: newsed cdc purchases, repairs, and resells formerly foreclosed homes from private lenders to income eligible households. Real estate development: newsed cdc develops commercial, residential and mixed use real estate. In total, newsed cdc has developed over 650,000 square feet of housing and retail/commercial real estate over the last three decades.
$1,012,929 spent$695,543 earned by the program52% of program spendingProperty management: maintain housing projects in the denver area specifically designed to support low-income households. Homeownership counseling: since the beginning of newsed cdc's home buyer counseling program over one thousand clients have been successfully transitioned into homeownership. Foreclosure counseling: newsed cdc provides foreclosure prevention counseling to those facing this financial crisis. Our highly trained and experienced counselors have worked with hundreds of clients. Homebuyer workshops & online education: newsed cdc's homebuyer workshops are designed to help navigate the path to homeownership for free. Newsed cdc online education courses were developed by a hud certified nonprofit agency and after completion, the client will meet chfa requirements. Newsed cdc works in collaboration with community financial partners to offer a series of financial classes. The classes are designed to help participants improve their overall and long-term financial situation. Participants are provided with the basics of money management to be able to increase their savings and accomplish their financial goals.
$549,287 spent$226,908 earned by the program28% of program spendingHousing development: newsed cdc purchases, repairs, and resells formerly foreclosed homes from private lenders to income eligible households. Real estate development: newsed cdc develops commercial, residential and mixed use real estate. In total, newsed cdc has developed over 650,000 square feet of housing and retail/commercial real estate over the last three decades. Property management: maintain housing projects in the denver area specifically designed to support low-income households.
$373,822 spent19% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,936,038.
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.
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 $7.2M to $5.8M (−19%).
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 13% · 2018 22% · 2019 27% · 2020 55% · 2021 63% · 2022 38% · 2023 36% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 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.
Board chair
Sarah Geis
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $106k → $220k.
3 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% 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 NEWSED COMMUNITY DEVELOPMENT CORP INC’s funders (the co-funder graph). 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
NEWSED COMMUNITY DEVELOPMENT CORP INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
85% 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 NEWSED COMMUNITY DEVELOPMENT CORP INC.
Largest funder’s share by year: 2017 49% · 2018 80% · 2019 50% · 2020 32% · 2021 49% · 2022 38% · 2023 37% — diversifying over time.
“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 NEWSED COMMUNITY DEVELOPMENT CORP INC's funders are still giving 3 years after their first grant; 72% 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
NEWSED COMMUNITY DEVELOPMENT CORP INC draws 89% of its grant income from funders outside Colorado, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $314k arriving through sponsors registered in 1 state 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.
Organizations like NEWSED COMMUNITY DEVELOPMENT CORP INC
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 Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 10 related entities
- Sheridan Homes LLC · disregarded
- West 10th Avenue LLC · disregarded
- West 10th Avenue · partnership
- Chaffee Park Senior Residences Lllp · partnership
- Burgwyn Newsed LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for NEWSED COMMUNITY DEVELOPMENT CORP INC: 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 NEWSED COMMUNITY DEVELOPMENT CORP INC?
- NEWSED COMMUNITY DEVELOPMENT CORP INC (Colorado) receives grants from 18 organizations whose IRS filings report $1,876,675 to it, the largest being Nueva Esperanza Inc ($407,845). 13 of them have funded it in more than one year.
- How many funders does NEWSED COMMUNITY DEVELOPMENT CORP INC have?
- IRS filings report 18 organizations giving $1,876,675 in grants to NEWSED COMMUNITY DEVELOPMENT CORP INC, 13 of which have funded it in more than one year.
- Who is the largest funder of NEWSED COMMUNITY DEVELOPMENT CORP INC?
- Nueva Esperanza Inc is the largest funder on record, with $407,845 in grants. The full list of funders is on this page.
- How can an organization like NEWSED COMMUNITY DEVELOPMENT CORP INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 Newsed 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 18 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