Iowa · Nonprofit
NEWTON DEVELOPMENT CORPORATION
NEWTON DEVELOPMENT CORPORATION (Iowa) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being B D Charitable Trust ($5,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $207k
- Funders on record
- 1
- Grants received
- $5k
- Net assets
- $742k
What Newton Development Corporation does
Mission
The Newton Development Corporation strives to improve the economic well-being of the newton community. We accomplishthis through collaboration with other community stakeholders to increase investment in newton by retaining, growing,and attracting business. Our success is measured through growth in employment, population, housing, retail sales, taxbase, healthcare accessibility and school enrollment. We will follow these principles and values; honesty, integrity,respect, professionalism, teamwork and an appropriate balance of transparancy and confidentiality.
As stated on its FY2025 Form 990.
Program
In 2025, ndc privately raised $119,613 from investors. Ndc also received funding of $77,000 through the city of newton via the hotel/motel tax. Ndc was instrumental in the passage of this tax in 2005. The ndc uses the monies received from investors and the city of newton to help promote the growth and sustainability of the newton economy, in turn, creating a healthy and wonderful community for the people to raise families and for people to visit. In 2006, during the departure of maytag, a community vision was created and goals for economic development were created and centered by the guidance of the community vision statement. The funding received by ndc allows for many opportunities.one of the opportunities is for ndc to be part of the greater des moines partnership, a network comprised of adair, clarke, dallas, guthrie, jasper, madison, mahaska, marion, marshall, polk, poweshiek, and warren counties. Annual fees collected from each county has allowed the edonomic directors to leverage monies from the region and state to provide advertising in various site selection publications, create marketing materials and attend various trade shows throughout the united states. The Newton…
$127,444 spentof which $11,500 as grants$119,613 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $127,444.
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 2020 to 2021, from $587k to $664k (+13%).
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 48% · 2018 52% · 2019 53% · 2020 32% · 2021 32% · 2022 43% · 2023 40% · 2024 36% · 2025 37%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 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
Frank Liebl
Executive director
Board chair
Mark Allen
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of NEWTON DEVELOPMENT CORPORATION’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.
Where its funders are
100% of NEWTON DEVELOPMENT CORPORATION's grant income comes from Iowa funders.
Funder states come from each funder’s own filing. 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 NEWTON 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
75% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for NEWTON 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 NEWTON DEVELOPMENT CORPORATION?
- NEWTON DEVELOPMENT CORPORATION (Iowa) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being B D Charitable Trust ($5,000). 0 of them have funded it in more than one year.
- How many funders does NEWTON DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $5,000 in grants to NEWTON DEVELOPMENT CORPORATION.
- Who is the largest funder of NEWTON DEVELOPMENT CORPORATION?
- B D Charitable Trust is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
- How can an organization like NEWTON 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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