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Massachusetts · Nonprofit

NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC

NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $273,066 to it, the largest being LAWRENCE J AND ANNE RUBENSTEIN CHARITABLE FOUNDATION ($137,500). 5 of them have funded it in more than one year.

Revenue FY2024
$3.7M
Funders on record
11
Grants received
$273k
Net assets
$9.3M
5/11 repeat funderspeak grant-dependency 2%
01What it does

What Newton Community Development Foundation Inc does

Mission

To develop a comprehensive housing program for moderate and low-income families, and elderly, who, by reason of income need more adequate housing. To serve as a "community relations" resource providing advocacy planning for the low and moderate-income community in newton.

As stated on its FY2024 Form 990.

Program

  1. Development and management of 268 units of low and moderate income housing and elderly housing facilities.

    $1,573,890 spent$2,364,838 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,573,890.

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 ($1.7M) Expenses 100 ($1.4M) Net assets 100 ($3.1M)2018 Revenue 88 ($1.5M) Expenses 110 ($1.5M) Net assets 98 ($3.0M)2019 Revenue 101 ($1.7M) Expenses 123 ($1.7M) Net assets 102 ($3.1M)2020 Revenue 379 ($6.4M) Expenses 116 ($1.6M) Net assets 261 ($8.0M)2021 Revenue 184 ($3.1M) Expenses 122 ($1.7M) Net assets 311 ($9.5M)2022 Revenue 132 ($2.2M) Expenses 140 ($1.9M) Net assets 287 ($8.8M)2023 Revenue 149 ($2.5M) Expenses 152 ($2.1M) Net assets 319 ($9.8M)2024 Revenue 220 ($3.7M) Expenses 152 ($2.1M) Net assets 304 ($9.3M)
'17'18'19'20'21'22'23'24
Revenue (220)Expenses (152)Net assets (304)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $5.1M to $10M (+97%).

$4.9M
$4.9M
$5.1M
$10M
$12M
$11M
$12M
$12M
'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 3% · 2018 4% · 2019 3% · 2020 5% · 2021 4% · 2022 3% · 2023 5% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$320k
’17
−$11k
’18
$19k
’19
$4.8M
’20
$1.4M
’21
$315k
’22
$445k
’23
$1.6M
’24
15
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.

Chief executive

Jeanne Strickland

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1716182320202323
Joined·+1+4+6+0+1+3+3
No longer listed·2213103
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $26k → $40k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
3
4
2
3
3
6
5
2
4

1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6.1M from one payer (the payer shares this organization's board, largest Newton Community Development Foundation II Inc). These are real filings, and they are not money NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC raised.

From the IRS filings of NEWTON COMMUNITY DEVELOPMENT FOUNDATION 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

NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 50% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
98%
top three
~3
effective funders

Largest funder’s share by year: 2017 59% · 2018 59% · 2019 64% · 2020 59% · 2021 63% · 2022 60% · 2023 44% — 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 NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

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

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

84% of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC's grant income comes from Massachusetts funders.

MA
DE

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

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

Funder states come from each funder’s own filing. $366 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 NEWTON COMMUNITY DEVELOPMENT FOUNDATION 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 Massachusetts

Newton Community Service Centers Inc80%Newton News Foundation Inc78%Newton Community Farm Inc77%Newton Communications Access Center Inc77%New England Homes for the Deaf Inc77%Newton at Home Inc77%Newton Schools Foundation Inc77%Senior Citizens Fund of Newton Inc76%

Nationally

Newton Community Service Centers Inc80%Ndc Housing & Economic Development Corporation79%Newtown Community Development Corporation79%Newton Village Inc78%Newton News Foundation Inc78%Southwest Nebraska Community Betterment Corporation78%New Beginnings Housing Foundation77%Newton Community Partnership Inc fka77%
05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 21%Fundraising 4%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

63%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 6 related entities

  • Newton Community Development Foundation II Inc · exempt
  • Hamlet Associates · partnership
  • Warren House Associates Ltd Partnership · partnership
  • Weeks School Limited Parternship · partnership
  • Newton Community Development Corp III Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NEWTON COMMUNITY DEVELOPMENT FOUNDATION 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.

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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 NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC?
NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $273,066 to it, the largest being LAWRENCE J AND ANNE RUBENSTEIN CHARITABLE FOUNDATION ($137,500). 5 of them have funded it in more than one year.
How many funders does NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC have?
IRS filings report 11 organizations giving $273,066 in grants to NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC, 5 of which have funded it in more than one year.
Who is the largest funder of NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC?
LAWRENCE J AND ANNE RUBENSTEIN CHARITABLE FOUNDATION is the largest funder on record, with $137,500 in grants. The full list of funders is on this page.
How can an organization like NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Newton 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 14, 2026. What this page cannot tell you · view filing