Newmarket Community Development Corp
Newmarket Community Development Corp operates with minimal revenue, sustained by substantial assets, and no reported officer compensation.
EIN: 20370974 · Newmarket, NH · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $32K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $800,000 |
| Net Assets | $852K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Newmarket Community Development Corp Form 990, Revenue, CEO Pay, and IRS Filing Signals
Newmarket Community Development Corp is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Newmarket Community Development Corp in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $50K and expenses of $32K.
Revenue and Expenses
Newmarket Community Development Corp reported $50K in revenue and $32K in expenses, a surplus of $18K.
Executive Compensation
Top officer compensation appears as $800,000 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Newmarket Community Development Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $26K (80%) |
Across stored filings, Newmarket Community Development Corp shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 9 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
All Community Improvement
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Newmarket, NH nonprofitsCommunity Improvement in New Hampshire
Public Benefit in New Hampshire
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Community Improvement spending
Best Community Improvement charities in New Hampshire
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Hattie A & Fred C Lynam Trust 64
Concord, NH · $1.5M revenue · Score 95/100
Compare side-by-sideCouch Family Foundation
Hanover, NH · $35.9M revenue · Score 90/100
Compare side-by-sideRed Oak Montessori School Inc
Franklin, NH · $159K revenue · Score 90/100
Compare side-by-sideOrder Of The Eastern Star Of New Hampshire Grand Chapter
Nashua, NH · $1.0M revenue · Score 85/100
Compare side-by-sideBrowse the full Community Improvement peer market in New Hampshire →
Next Best Actions
Keep the Investigation Moving
Newmarket Community Development Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newmarket Community Development Corp
Newmarket Community Development Corp (EIN: 20370974) is a nonprofit organization based in Newmarket, NH, classified under NTEE code S31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newmarket Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newmarket Community Development Corp is a micro nonprofit that has been operating for 42 years, with 9 years of IRS 990 filings on record (2010–2018).
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $32K |
| Surplus / Deficit | +$18K |
| Total Assets | $852K |
| Net Assets | $852K |
| Operating Margin | 35.4% |
| Months of Reserves | 317.1 months |
Financial Health Grade: A
In 2018, Newmarket Community Development Corp reported a surplus of $18K with revenue exceeding expenses, holds 317.1 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +97.9% | -5.9% | +2.1% |
| 2017 | +46.4% | +13.8% | -1.1% |
| 2016 | -47.3% | -10.9% | -1.5% |
| 2015 | +1.7% | +24.7% | -0.1% |
| 2014 | -66.0% | -56.8% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Newmarket Community Development Corp with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Newmarket Community Development Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all nine filings, indicating a volunteer-led organization or one with no paid executives, which is highly unusual for an organization with over $800,000 in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Newmarket Community Development Corp's IRS 990 filings:
- Consistent pattern of expenses exceeding revenue in multiple years (e.g., 2017, 2016, 2015, 2012, 2011), indicating reliance on reserves.
- Significant negative revenue of $-636,068 reported in 2010, which is highly unusual and unexplained by the provided data.
- Latest filing shows $0 revenue and $0 assets, a drastic change from previous years with over $800,000 in assets, raising concerns about the organization's current status or reporting accuracy.
- No officer compensation reported despite substantial assets, which could indicate a lack of professional management or a fully volunteer-run model that may not be sustainable for an organization of this asset size.
Strengths
The following positive indicators were identified for Newmarket Community Development Corp:
- Strong asset base, consistently over $800,000 for many years, providing financial stability.
- Minimal to no liabilities reported in most years, indicating a healthy balance sheet.
- No reported officer compensation, suggesting a highly efficient or volunteer-driven operational model.
Frequently Asked Questions about Newmarket Community Development Corp
Is Newmarket Community Development Corp a legitimate charity?
Newmarket Community Development Corp (EIN: 20370974) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Newmarket Community Development Corp spend its money?
Newmarket Community Development Corp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Newmarket Community Development Corp tax-deductible?
Newmarket Community Development Corp is registered as a tax-exempt nonprofit (EIN: 20370974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Newmarket Community Development Corp CEO make?
Newmarket Community Development Corp's highest-compensated officer earns $800,000 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Newmarket Community Development Corp's spending goes to programs?
Newmarket Community Development Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newmarket Community Development Corp compare to similar nonprofits?
With a transparency score of 65/100 (Good), Newmarket Community Development Corp is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newmarket Community Development Corp located?
Newmarket Community Development Corp is headquartered in Newmarket, New Hampshire and files with the IRS under EIN 20370974. It is classified under NTEE code S31.
How many years of IRS 990 filings does Newmarket Community Development Corp have?
Newmarket Community Development Corp has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
How does Newmarket Community Development Corp sustain its operations with consistently low revenue, often less than expenses?
The organization appears to be drawing from its substantial asset base, which has consistently been over $800,000, to cover operational expenses when revenue falls short, as seen in 2017 where expenses were $34,270 against $25,228 in revenue.
What caused the significant negative revenue of $-636,068 reported in 2010?
This extreme negative revenue figure in 2010 is a critical anomaly that would require reviewing the original Form 990 filing to understand the specific nature of this financial event, as it significantly impacts the organization's historical financial performance.
Given the $0 revenue and $0 assets in the latest filing, is the organization still active?
The latest filing showing $0 revenue and $0 assets, following years of substantial assets, suggests a potential cessation of operations, a significant change in reporting, or an error. Further investigation into the organization's current status would be necessary.
What are the specific programs or activities that Newmarket Community Development Corp undertakes?
While the NTEE code S31 indicates 'Community Development Corporations, Community Chests, and United Ways', the financial data alone does not detail specific programs. Given the low revenue, the scale of any programs would likely be limited.
Filing History
IRS 990 filing history for Newmarket Community Development Corp showing financial trends over 9 years of public records:
Total assets increased by 0.2% over the same period, from $850K to $852K. Total functional expenses fell by 61.1%, from $83K to $32K. In its most recent filing year (2018), Newmarket Community Development Corp reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $50K | $32K | $852K | $0 | — | View 990 |
| 2017 | $25K | $34K | $835K | $0 | — | — |
| 2016 | $17K | $30K | $844K | $0 | — | View 990 |
| 2015 | $33K | $34K | $856K | $0 | — | View 990 |
| 2014 | $32K | $27K | $858K | $0 | — | View 990 |
| 2013 | $95K | $63K | $872K | $20K | — | View 990 |
| 2012 | $13K | $28K | $821K | $0 | — | View 990 |
| 2011 | $15K | $29K | $835K | $0 | — | View 990 |
| 2010 | $-636,068 | $83K | $850K | $75 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $50K, expenses of $32K, and assets of $852K (revenue +97.9% year-over-year).
- 2017: Revenue of $25K, expenses of $34K, and assets of $835K (revenue +46.4% year-over-year).
- 2016: Revenue of $17K, expenses of $30K, and assets of $844K (revenue -47.3% year-over-year).
- 2015: Revenue of $33K, expenses of $34K, and assets of $856K (revenue +1.7% year-over-year).
- 2014: Revenue of $32K, expenses of $27K, and assets of $858K (revenue -66.0% year-over-year).
- 2013: Revenue of $95K, expenses of $63K, and assets of $872K (revenue +617.3% year-over-year).
- 2012: Revenue of $13K, expenses of $28K, and assets of $821K (revenue -9.4% year-over-year).
- 2011: Revenue of $15K, expenses of $29K, and assets of $835K.
- 2010: Revenue of $-636,068, expenses of $83K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newmarket Community Development Corp:
Data Sources and Methodology
This transparency report for Newmarket Community Development Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.