Nonprofit · EIN 23-0390715
NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION
Tax-exempt · NEWTOWN, PA 18940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $229,052 | $224,812 | $4,240 | $94,016 | $7,039 | $86,977 |
| December 31, 2024 | 990 | $135,029 | $119,715 | $15,314 | $92,932 | $10,195 | $82,737 |
| December 31, 2023 | 990 | $129,532 | $125,713 | $3,819 | $74,303 | $6,879 | $67,424 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $74,920
- Membership dues
- $44,670
- Program service revenue
- $151,965
- Investment income
- $2,167
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $20,150
- Program services (functional)
- $158,626
- Management and general (functional)
- $66,186
Balance sheet and other
- Total assets, start of year
- $92,932
- Total assets, end of year
- $94,016
- Total liabilities, end of year
- $7,039
- Net assets, end of year
- $86,977
- Net assets without donor restrictions
- $86,977
- Gross receipts
- $229,052
- Employees
- 0
- Volunteers
- 40
- Year formed
- 1959
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Marcolla | President Officer | 2 | $0 |
| Greg Kramer | Vice President Officer | 2 | $0 |
| Rob Howell | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Marcolla | President Officer | 2 | $0 |
| Dan Petty | Vice President Officer | 2 | $0 |
| Fred Poritsky | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Marcolla | President Officer | 2 | $0 |
| Dan Petty | Vice President Officer | 2 | $0 |
| Fred Poritsky | Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1 S STATE STREET, NEWTOWN, PA 18940-3567
- In care of
- % D KEITH BROWN
- Principal officer (990 for 2025)
- Dave Marcolla, 1 S State Street, Newtown, PA 18940
- Signed the 990
- Dave Marcolla, President
- Phone
- (215) 504-5722
- Return prepared by
- ROBERT SMALL AND ASSOCIATES LLC
Mission
The Newtown Business Association promotes Newtown Boro and Township as a great location to live, work, shop and to conduct business.
Program accomplishments
- Community Enrichments Events; Classic Car Show, Holiday Parade, Welcome Day, Easter Egg Hunt Business Expo & Culinary Fair, Member Breakfast & Card Exchg Meetings
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-0390715
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $94,016
- Income (IRS master file)
- $229,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $229,052 | $224,812 | $94,016 | IRS |
| 990 | December 2024 | $135,029 | $119,715 | $92,932 | XML |
| 990 | December 2023 | $129,532 | $125,713 | $74,303 | XML |
| 990 | December 2022 | $106,888 | $106,180 | $65,980 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-0390715).
Questions about NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION
- What is the EIN of NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION?
- The employer identification number (EIN) of NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION is 23-0390715.
- Is NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION 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 NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION?
- The 990 for the year ended December 31, 2025 names Dave Marcolla.
- Who are the officers and directors of NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEWTOWN BUSINESS & PROFESSIONAL ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $229,052, expenses of $224,812 and total assets of $94,016 at year end.
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All nonprofits in NEWTOWN · Pennsylvania · Community improvement and capacity building