Newtown Community Development Corporation

Tempe, AZ   |  http://WWW.NEWTOWNCDC.ORG

Mission

NEWTOWN HELPS PEOPLE IMPROVE THEIR FINANCIAL WELL-BEING WHILE STRENGTHENING COMMUNITIES THROUGH EDUCATION, COUNSELING, COACHING AND THE DEVELOPMENT AND STEWARDSHIP OF PERMENENTLY AFFORDABLE HOMES.

Ruling year info

1995

Main address

2106 E Apache Blvd Ste 112

Tempe, AZ 85281 United States

EIN

86-0793043

NTEE code info

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

HOME BUYER ASSISTANCE/HOUSING COUNSELING- OVER 2,400 HOUSEHOLDS HAVE COMPLETED A NEWTOWN WORKSHOP AND OVER 909 HAVE PURCHASED A HOME. SINCE STARTING TO PROVIDE DOWN PAYMENT ASSISTANCE, 517 LOW-INCOME HOUSEHOLDS RECEIVED OVER $8.4 MILLION IN MATCHING FUNDS TOWARD BUYING THEIR FIRST HOME.

Expenses
$1,522,898
Revenue
$44,464

COMMUNITY LAND TRUST - NEWTOWN IS ALSO WELL-KNOWN FOR ITS COMMUNITY LAND TRUST (CLT) WHICH IS THE DEVELOPMENT OF PERMANENT HOMES THAT PROVIDE HOMEOWNERSHIP OPPORTUNITES FOR GENERATIONS OF LOWER INCOME FAMILIES. CREATED IN 2001, NEWTOWNS CLT IS THE LARGEST IN ARIZONA AND INCLUDES OVER 200 HOMES THROUGHOUT MARICOPA COUNTY. DURING FISCAL YEAR 2021-2022 NEWTOWN DEVELOPED 21 UNITS OF AFFORDABLE HOUSING.

Expenses
$226,991
Revenue
$70,510

Where we work

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Financials

Newtown Community Development Corporation
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Operations

The people, governance practices, and partners that make the organization tick.

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This organization has no recorded board members.