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Massachusetts · Nonprofit

NEWVUE COMMUNITIES INC

NEWVUE COMMUNITIES INC (Massachusetts) receives grants from 35 organizations whose IRS filings report $8,948,800 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,029,320). 25 of them have funded it in more than one year.

Revenue FY2024
$3.9M
Funders on record
35
Grants received
$8.9M
Net assets
$3.7M
25/35 repeat funderspeak grant-dependency 48%
01What it does

What Newvue Communities Inc does

Mission

Led by community members of diverse incomes and backgrounds, we develop quality housing, create economic opportunities and foster civic engagement in north central massachusetts.

As stated on its FY2024 Form 990.

Programs

  1. Housing and financial services: assists clients who are seeking to improve their financial situation through financial coaching, homeownership education and counseling. We help our clients meet their financial goals. We also help homeowners buy a home, keep a home and maintain a home. Our focus is on assisting first time homebuyers whoare of low to moderate income to purchase their first home, and to helplow and moderate income homebuyers who are facing the threat offoreclosure to keep their home.

    $913,632 spent$366,051 earned by the program
    28% of program spending
  2. Housing development: develops quality housing for low and moderate income individuals and families.

    $1,509,845 spentof which $726,000 as grants$989,749 earned by the program
    46% of program spending
  3. Small business: we seek to create and retain strong businesses and good jobs. We focus our efforts on micro-enterprises. We promote the ability of area residents to own and operate their own businesses and grow and revitalize existing firms.

    $324,512 spent
    10% of program spending
  4. Community organizing/planning: engage residents and develop leaders to help build powerful healthy neighborhoods.

    $409,547 spent
    13% of program spending
  5. Asset management: nvc outsources its property management to help control maintenance costs, develop streamlined procedures and to better manage our facilities. Services are provided by wingate management, which specializes in affordable housing management while maintaining a mix of condominium and commercial contracts. Wingate management will work in partnership with nvc to ensure continued delivery of quality real estate management services to residents.

    $114,661 spent
    4% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,272,197.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.4M) Expenses 100 ($1.4M) Net assets 100 ($4.8M)2018 Revenue 159 ($2.2M) Expenses 152 ($2.1M) Net assets 103 ($5.0M)2019 Revenue 135 ($1.9M) Expenses 110 ($1.5M) Net assets 111 ($5.4M)2020 Revenue 146 ($2.0M) Expenses 123 ($1.7M) Net assets 119 ($5.8M)2021 Revenue 207 ($2.9M) Expenses 162 ($2.2M) Net assets 65 ($3.1M)2022 Revenue 269 ($3.7M) Expenses 252 ($3.4M) Net assets 72 ($3.5M)2023 Revenue 297 ($4.1M) Expenses 288 ($3.9M) Net assets 77 ($3.7M)2024 Revenue 277 ($3.9M) Expenses 283 ($3.8M) Net assets 77 ($3.7M)
'17'18'19'20'21'22'23'24
Revenue (277)Expenses (283)Net assets (77)Peer revenue range

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 $5.8M to $3.2M (−45%).

$5.3M
$5.2M
$5.5M
$5.8M
$3.2M
$3.7M
$4.3M
$4.2M
'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 38% · 2018 47% · 2019 24% · 2020 42% · 2021 37% · 2022 27% · 2023 26% · 2024 25%. Grants only. Government contracts and fees sit inside program revenue.

64% of NEWVUE COMMUNITIES INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$39k
’17
$154k
’18
$387k
’19
$368k
’20
$695k
’21
$335k
’22
$234k
’23
$35k
’24
6.5
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

Marc Dohan

Executive director

Board chair

Thomas Gray

Board president

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1717171819202020
Joined·+4+3+2+2+3+2+4
No longer listed·4311224
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 23 funders, grant income rose $503k → $1.9M.

8 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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 NEWVUE COMMUNITIES INC’s funders (the co-funder graph). Top 30 of 35 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

NEWVUE COMMUNITIES INC has a broad base — no single funder exceeds 34% 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

52% 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 NEWVUE COMMUNITIES INC.

34%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2017 65% · 2018 51% · 2019 46% · 2020 43% · 2021 32% · 2022 36% · 2023 32% — 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

67% of NEWVUE COMMUNITIES INC's funders are still giving 3 years after their first grant; 71% 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

55% of NEWVUE COMMUNITIES INC's grant income comes from Massachusetts funders.

ME
NY
MA
AZ
NC
DC
TX

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. $786k arriving through sponsors registered in 5 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.

04Its place in the field

Against its field

NEWVUE COMMUNITIES INC is better cushioned than half of the 3,978 housing & shelter nonprofits its size.

Operating margin1% · below the median
Months of reserve6.5mo · above the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 3,978 housing & shelter nonprofits $1M–$10M, FY2024

Government funding NEWVUE COMMUNITIES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record — $2.4M federal, $2.4M state.

Federal$2.4M
grants $2.4Mcontracts $0
17
18
19
20
21
22
23
24
Top agencies
  • Department of Housing and Urban Development$2.3M
  • Department of Agriculture$98k
State$2.4M
17
18
19
20
21
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$2.3M
  • (MM) PURCHASED CLIENT/PROGRAM SVCS$118k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NEWVUE COMMUNITIES 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

Nationally

05Profile & governance

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

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

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 7 related entities

  • Newvue Affordable Housing Corporation · exempt
  • Carter School Limited Parternship · partnership
  • 142 Water St Limited Partnership · partnership
  • Fac Owner LLC · partnership
  • Leominster Affordable Housing Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NEWVUE COMMUNITIES 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 NEWVUE COMMUNITIES INC?
NEWVUE COMMUNITIES INC (Massachusetts) receives grants from 35 organizations whose IRS filings report $8,948,800 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,029,320). 25 of them have funded it in more than one year.
How many funders does NEWVUE COMMUNITIES INC have?
IRS filings report 35 organizations giving $8,948,800 in grants to NEWVUE COMMUNITIES INC, 25 of which have funded it in more than one year.
Who is the largest funder of NEWVUE COMMUNITIES INC?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,029,320 in grants. The full list of funders is on this page.
How can an organization like NEWVUE COMMUNITIES 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.

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 35 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