Skip to content

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
13/18 repeat funderspeak grant-dependency 30%
01What it does

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

  1. 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 program
    52% of program spending
  2. Property 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 program
    28% of program spending
  3. 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. Property management: maintain housing projects in the denver area specifically designed to support low-income households.

    $373,822 spent
    19% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,936,038.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.4M) Expenses 100 ($1.6M) Net assets 100 ($6.2M)2018 Revenue 39 ($943k) Expenses 95 ($1.5M) Net assets 90 ($5.7M)2019 Revenue 47 ($1.1M) Expenses 106 ($1.7M) Net assets 81 ($5.1M)2020 Revenue 31 ($733k) Expenses 63 ($1.0M) Net assets 76 ($4.8M)2021 Revenue 68 ($1.6M) Expenses 62 ($1.0M) Net assets 86 ($5.4M)2022 Revenue 50 ($1.2M) Expenses 104 ($1.7M) Net assets 84 ($5.2M)2023 Revenue 64 ($1.5M) Expenses 95 ($1.5M) Net assets 70 ($4.4M)2024 Revenue 81 ($1.9M) Expenses 153 ($2.5M) Net assets 42 ($2.6M)
'17'18'19'20'21'22'23'24
Revenue (81)Expenses (153)Net assets (42)

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%).

$10M
$9.0M
$8.3M
$8.2M
$8.9M
$8.4M
$7.2M
$5.8M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

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.

$779k
’17
−$594k
’18
−$580k
’19
−$282k
’20
$617k
’21
−$498k
’22
−$6k
’23
−$533k
’24
1.7
months of
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.

'17'18'19'20'21'22'23'24
Listed81189101198
Joined·+5+3+1+1+3+0+2
No longer listed·2600223
03Who funds it

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.

22%
largest funder
51%
top three
~9
effective funders

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.

first grant+1y+2y+3y+4y+5y+6y

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.

MN
PA
CO
MO
MD
NC
DC
AL
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Colorado out of state home

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.

04Its place in the field

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 16%Fundraising 6%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

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

CO

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.

A paid feature, included from the $75 plan up. Sign in to download.

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