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Nonprofit · EIN 04-2646739

NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC

Tax-exempt · NEWTON, MA 02458

Financials

$1.5M$1.2M2023$1.5M$2M2024
Revenue Expenses · by fiscal year end
Financials of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,538,689$1,970,078-$431,389$2,693,497$7,480,699-$4,787,202
December 31, 2023990$1,474,788$1,154,772$320,016$3,258,208$7,614,021-$4,355,813
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,251,717
of which government grants
$1,251,717
Program service revenue
$229,825
Investment income
$16,418
Net rental income
$36,441
Other revenue
$40,729

Expenses

Grants and similar amounts paid
$780,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$19,313
Accounting fees
$17,540
Occupancy
$609,557
Depreciation
$115,206
Program services (functional)
$1,880,526
Management and general (functional)
$89,552

Balance sheet and other

Total assets, start of year
$3,258,208
Total assets, end of year
$2,693,497
Total liabilities, end of year
$7,480,699
Net assets, end of year
-$4,787,202
Land, buildings and equipment
$1,538,952
Net assets without donor restrictions
-$4,787,202
Gross receipts
$1,538,689
Employees
0
Volunteers
20
Year formed
1978
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEANNE STRICKLANDEXECUTIVE DIRECTOR
Officer
0.4$0$191,060$24,516
ANNE TRIBUSHDIRECTOR
Trustee or director
0.2$0$0$0
BRIAN GALLAGHERSECRETARY
Trustee or director, Officer
0.4$0$0$0
CAREN SILVERLIEBDIRECTOR
Trustee or director
0.2$0$0$0
CHRISTINE DILLONDIRECTOR
Trustee or director
0.2$0$0$0
DAVID KOVENVICE PRESIDENT
Trustee or director, Officer
0.4$0$0$0
DIANNE REDDYDIRECTOR
Trustee or director
0.2$0$0$0
FRANK NEALDIRECTOR
Trustee or director
0.2$0$0$0
GAYE FREEDDIRECTOR
Trustee or director
0.2$0$0$0
GENA NEVODIRECTOR
Trustee or director
0.2$0$0$0
JUDITH SPARDIRECTOR
Trustee or director
0.2$0$0$0
JUDITH WEBERPRESIDENT
Trustee or director, Officer
0.4$0$0$0
LISA MENELLYDIRECTOR
Trustee or director
0.2$0$0$0
LIZ SEELEYDIRECTOR
Trustee or director
0.2$0$0$0
MARJORIE PEARSONDIRECTOR
Trustee or director
0.2$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
MAXWELL EBBDIRECTOR
Trustee or director
0.2$0
SARA ASMERONDIRECTOR
Trustee or director
0.2$0
SUSAN PALEYDIRECTOR
Trustee or director
0.2$0
TIMOTHY DACEYTREASURER
Trustee or director, Officer
0.4$0
WINNIE EBBDIRECTOR
Trustee or director
0.2$0
ZAK ATTENBOROUGHDIRECTOR
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEANNE STRICKLANDEXECUTIVE DIRECTOR
Officer
0.4$0$183,677$25,625
ROBERT ENGLERPRESIDENT (UNTIL 9/23)
Trustee or director, Officer
0.4$0$0$0
JUDITH WEBERVP (UNT 9/23)/PRES (AS OF 9/23)
Trustee or director, Officer
0.4$0$0$0
DAVID KOVENDIRECTOR/VP (AS OF 9/23)
Trustee or director, Officer
0.4$0$0$0
BRIAN GALLAGHERSECRETARY
Trustee or director, Officer
0.4$0$0$0
TIMOTHY DACEYTREASURER
Trustee or director, Officer
0.4$0$0$0
ZAK ATTENBOROUGHDIRECTOR
Trustee or director
0.2$0$0$0
CHRISTINE DILLONDIRECTOR
Trustee or director
0.2$0$0$0
MAXWELL EBBDIRECTOR
Trustee or director
0.2$0$0$0
WINNIE EBBDIRECTOR
Trustee or director
0.2$0$0$0
GAYE FREEDDIRECTOR
Trustee or director
0.2$0$0$0
SANDRA KELLYDIRECTOR (UNTIL 9/23)
Trustee or director
0.2$0$0$0
LISA MENELLYDIRECTOR
Trustee or director
0.2$0$0$0
FRANK NEALDIRECTOR
Trustee or director
0.2$0$0$0
GENA NEVODIRECTOR
Trustee or director
0.2$0$0$0
SUSAN PALEYDIRECTOR
Trustee or director
0.2$0$0$0
ANNE PRIESTLEYDIRECTOR (UNTIL 9/23)
Trustee or director
0.2$0$0$0
LIZ SEELEYDIRECTOR
Trustee or director
0.2$0$0$0
CAREN SILVERLIEBDIRECTOR
Trustee or director
0.2$0$0$0
JUDITH SPARDIRECTOR
Trustee or director
0.2$0$0$0
ANNE TRIBUSHDIRECTOR
Trustee or director
0.2$0$0$0

Address and contacts

Address (IRS master file)
425 WATERTOWN ST STE 205, NEWTON, MA 02458-1131
Principal officer (990 for 2024)
JUDITH WEBER, 425 WATERTOWN STREET SUITE 205, NEWTON, MA 02458
Signed the 990
JUDITH WEBER, PRESIDENT
Phone
(617) 244-4035
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

PROVIDES AFFORDABLE HOUSING TO THE ELDERLY

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE ORGANIZATION IS LIMITED TO OWNING, DEVELOPING, LEASING, MANAGING, FINANCING, CONSTRUCTION, IMPROVING AND SALE OF PROPERTY AT 195 SUMNER STREET NEWTON, MA. THE ORGANIZATION WILL DISTRIBUTE ANY REFINANCING OF EQUITY AND SURPLUS CASH AS DETERMINED BY THE DIRECTORS TO NEWTON COMMUNITY DEVELOPMENT FOUNDATION, INC. AN AFFILIATED 501(C)(3).
    Expenses $1,880,526 · grants $780,000 · revenue $234,113

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2646739
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,693,497
Income (IRS master file)
$1,538,689

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,538,689$1,970,078$2,693,497IRS
990December 2023$1,474,788$1,154,772$3,258,208XML
990December 2022$1,388,803$1,183,702$3,073,598IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2646739).

Questions about NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC

What is the EIN of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC?
The employer identification number (EIN) of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC is 04-2646739.
Is NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC?
The 990 for the year ended December 31, 2024 names JUDITH WEBER.
Who are the officers and directors of NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does NEWTON COMMUNITY DEVELOPMENT FOUNATION II INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,538,689, expenses of $1,970,078 and total assets of $2,693,497 at year end.

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