Nonprofit · EIN 58-2273893
NEW TOWN MACON INC
Tax-exempt · MACON, GA 31201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,345,883 | $4,091,031 | $1,254,852 | $47,364,573 | $24,361,148 | $23,003,425 |
| June 30, 2024 | 990 | $2,735,233 | $3,796,164 | -$1,060,931 | $43,633,726 | $22,109,108 | $21,524,618 |
| June 30, 2023 | 990 | $3,338,620 | $2,913,101 | $425,519 | $36,186,795 | $14,939,578 | $21,247,217 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,254,237
- of which government grants
- $1,947,147
- Membership dues
- $122,500
- Program service revenue
- $303,820
- Investment income
- $2,334,508
- Net rental income
- -$596,347
- Net gain from sales of assets
- $760,244
- Other revenue
- -$546,682
Expenses
- Grants and similar amounts paid
- $93,657
- Compensation of officers, directors and key employees
- $742,245
- Other salaries and wages
- $418,872
- Salaries, compensation and benefits (total)
- $1,285,346
- Professional fundraising fees
- $0
- Legal fees
- $72,850
- Accounting fees
- $50,915
- Occupancy
- $116,279
- Travel
- $207,438
- Depreciation
- $31,988
- Program services (functional)
- $3,423,209
- Management and general (functional)
- $409,486
- Fundraising (functional)
- $258,336
Balance sheet and other
- Total assets, start of year
- $43,633,726
- Total assets, end of year
- $47,364,573
- Total liabilities, end of year
- $24,361,148
- Net assets, end of year
- $23,003,425
- Land, buildings and equipment
- $6,801,169
- Publicly traded securities
- $8,645,115
- Net assets without donor restrictions
- $4,418,099
- Net assets with donor restrictions
- $18,585,326
- Gross unrelated business income
- -$177,721
- Gross receipts
- $6,542,058
- Employees
- 14
- Volunteers
- 208
- Year formed
- 1998
- State of legal domicile
- GA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSHUA M ROGERS | PRESIDENT & Officer | 40 | $361,641 | $16,184 |
| JAMES FRITZE | PRESIDENT & Officer | 40 | $152,311 | $20,213 |
| ERIN KELLER | CHIEF OF STA Officer | 40 | $105,301 | $16,811 |
| LAUREN MARSHALL | VP OF COMM. Officer | 40 | $101,464 | $15,515 |
| WILLIAM UNDERWOOD | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| KAREN LAMBERT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BRUCE LEICHT | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ROBERT F HATCHER | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS R SHERIDAN | CHAIR OHT CO Trustee or director | 5 | $0 | $0 |
| BLAKE LISENBY | OF COUNSEL Trustee or director | 5 | $0 | $0 |
| DR R KIRBY GODSEY | CHAIR EMERIT Trustee or director | 1 | $0 | $0 |
| VIRGIL ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY BECHTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMBER BENTLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM DAWS | DIRECTOR Trustee or director | 1 | $0 |
| R KRIS ELLIS | DIRECTOR Trustee or director | 1 | $0 |
| DELVECCHIO FINLEY | DIRECTOR Trustee or director | 1 | $0 |
| CARYN FREY | DIRECTOR Trustee or director | 1 | $0 |
| DUKE GROOVER | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| CURTIS HERTWIG | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY KOVAC | DIRECTOR Trustee or director | 1 | $0 |
| LESTER MILLER | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN NICHOLS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| JACOB PATTON | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT SEIGEL | DIRECTOR Trustee or director | 1 | $0 |
| DAVID THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| JESSICA WALDEN | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS WICKER | PAST CHAIR Trustee or director | 1 | $0 |
| TRAVIS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSHUA M ROGERS | PRESIDENT & Officer | 40 | $241,518 | $14,605 |
| JAMES FRITZE | CFO Officer | 40 | $135,721 | $17,693 |
| VIRGIL ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY BECHTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMBER BENTLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM DAWS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R KRIS ELLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DELVECCHIO FINLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARYN FREY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR R KIRBY GODSEY | CHAIR EMERIT Trustee or director | 1 | $0 | $0 |
| CORRIE HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT F HATCHER | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CURTIS HERTWIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN LAMBERT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BRUCE LEICHT | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| BLAKE LISENBY | OF COUNSEL Trustee or director | 5 | $0 | $0 |
| LESTER MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY MYERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN NICHOLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINA O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB PATTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SEIGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS R SHERIDAN | CHAIR OHT CO Trustee or director | 5 | $0 | $0 |
| RON SHIPMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM UNDERWOOD | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JESSICA WALDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS WICKER | PAST CHAIR Trustee or director | 1 | $0 | $0 |
| TRAVIS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSHUA M ROGERS | PRESIDENT & Officer | 40 | $202,128 | $11,185 |
| JAMES FRITZE | CFO Officer | 40 | $124,466 | $15,067 |
| VIRGIL ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY BECHTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMBER BENTLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM DAWS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R KRIS ELLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DELVECCHIO FINLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON FOSTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARYN FREY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR R KIRBY GODSEY | CHAIR EMERIT Trustee or director | 1 | $0 | $0 |
| CORRIE HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT F HATCHER | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CURTIS HERTWIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNISA JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN LAMBERT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| BRUCE LEICHT | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| BLAKE LISENBY | OF COUNSEL Trustee or director | 5 | $0 | $0 |
| LESTER MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY MYERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN NICHOLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINA O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB PATTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SEIGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS R SHERIDAN | CHAIR OHT CO Trustee or director | 5 | $0 | $0 |
| DAVID THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM UNDERWOOD | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JESSICA WALDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS WICKER | PAST CHAIR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 555 POPLAR ST, MACON, GA 31201-2753
- Principal officer (990 for 2024)
- JAMES FRITZE, 555 POPLAR STREET, MACON, GA 31201
- Signed the 990
- JAMES FRITZE, PRESIDENT & CEO
- Phone
- (478) 722-9909
- Website
- WWW.NEWTOWNMACON.COM
- Return prepared by
- HOWARD MOORE & MCDUFFIE PC
Mission
INVEST TIME, RESOURCES, AND MONEY IN LOCAL PEOPLE AND BUSINESSES TO REVITALIZE DOWNTOWN MACON.
Program accomplishments
- COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI): NEWTOWN MACON, THROUGH ITS SUBSIDIARY NEWTOWN LOANS, LLC, HAS BEEN DESIGNATED BY THE U.S. DEPARTMENT OF THE TREASURY AS A CDFI. THE CDFI FACILITATES THE LARGER STRATEGY OF INCREASING DOWNTOWN RESIDENTS BY FUNDING LOFT DEVELOPMENT THROUGH THE REAL ESTATE LOAN FUND AND GROWING JOBS BY PROVIDING CAPITAL AND MENTORING TO ENTREPRENEURS. THE REAL ESTATE LOAN FUND WAS ESTABLISHED IN PARTNERSHIP WITH THE MACON- BIBB URBAN DEVELOPMENT AUTHORITY AND MACON-BIBB COUNTY. THE BOND FUNDS ARE USED IN VIABLE RESIDENTIAL PROJECTS TO CLOSE THE GAP BETWEEN SOURCES OF FUNDS (INCLUDING OWNER EQUITY, TRADITIONAL FINANCING AND HISTORIC TAX CREDITS) AND THE ACTUAL COST TO REHABILITATE OR BUILD REAL ESTATE DEVELOPMENTS DOWNTOWN. AT THE END OF THE FISCAL YEAR, THE CDFI HAD 14.1 MILLION OF LOANS IN SERVICE ON PROJECTS. IN TOTAL, THE CDFL'S REAL ESTATE LOANS PRODUCED PROJECTS WITH MARKET VALUES OF 212.2 MILLION, THAT ARE EXPECTED TO PRODUCE 298 RESIDENTIAL LOFTS AND REHABILITATE 44,309 SQUARE FEET OF UNDERUTILIZED BUILDINGS AND CREATE OVER 200,000 SQUARE FEET OF NEW CONSTRUCTION. WE OFFER A VARIETY OF SUPPORT SERVICES FOR ENTREPRENEURS AND DEVELOPERS INCLUDING SHEPHERDING APPLICANTS THROUGH THE PERMIT PROCESS, ONE-ON-ONE MENTORSHIP COUNSELING, AND ACCESS TO CAPITAL THROUGH LOANS, EQUITY INVESTMENTS AND JOINT VENTURES. OUR STAFF SERVED OVER 600 INDIVIDUAL ENTREPRENEURS DURING THE YEAR THROUGH A COMPREHENSIVE SET OF INDIVIDUAL AND GROUP TRAINING PROGRAMS. IN TOTAL BY THE END OF THE FISCAL YEAR, THE CDFI HAD CLOSED 8 BUSINESS LOANS, FOR A TOTAL OF APPROXIMATELY 153,000. THESE SERVICES ATTRACT BUSINESSES TO DOWNTOWN, VERIFIED BY A TOTAL OF 20 NET NEW BUSINESSES OPENING IN DOWNTOWN MACON DURING THE FISCAL YEAR.Expenses $1,916,608 · revenue $1,651,732
- CREATING A SENSE OF PLACE: A DESIRABLE NEIGHBORHOOD IS BOTH LIVABLE AND WALKABLE, SO NEWTOWN MACON IS PROMOTING THE DOWNTOWN LIFESTYLE AND PROVIDING RECREATIONAL ACTIVITIES. NEWTOWN PROMOTES A SENSE OF PLACE BY MANAGING FIRST FRIDAY EVENTS AND THE MACON CHRISTMAS LIGHT EXTRAVAGANZA, BEAUTIFYING THE STREETS, PROMOTING DOWNTOWN EVENTS, AND PROMOTING THE DEVELOPMENT OF THE OCMULGEE HERITAGE TRAIL. NEWTOWN MACON ALSO PROMOTES DOWNTOWN LIVING THROUGH MARKETING AND BRANDING. THROUGH THESE STRATEGIES, DOWNTOWN MACON IS ATTRACTING NEW RESIDENTS. WE EXCEEDED OUR GOAL OF 85% OCCUPANCY WITH 91 % OF THE LOFTS OCCUPIED AT THE END OF THE FISCAL YEAR.Expenses $951,070 · grants $63,657 · revenue $348,033
- THE OCMULGEE HERITAGE TRAIL (OHT): OHT CONTINUES TO BE ONE OF THE MAIN FOCUSES AS A PUBLIC/PRIVATE PARTNERSHIP. NEWTOWN MACON RUNS AN ADVISORY COMMITTEE TO PLAN AND MANAGE EXPANSION AND IMPROVEMENT OF THE TRAIL SYSTEM AND RAISE PRIVATE FUNDS TO ENABLE THESE IMPROVEMENTS THROUGH THE OHT CONSTRUCTION FUND. ONCE IMPROVEMENTS ARE COMPLETE, NEWTOWN TURNS THE IMPROVEMENTS OVER TO LOCAL GOVERNMENT TO RUN AS PUBLIC PARK SPACE IN PERPETUITY. DURING THE FISCAL YEAR, THE ORGANIZATION COMPLETED THE DESIGN, FABRICATION AND INSTALLATION OF A MASTER SIGNAGE PROGRAM THROUGHOUT THE EXISTING TRAIL SYSTEM. WE ALSO COMPLETED A BRIDGE INSTALLATION AND TRAIL EXTENSION PROJECT IN RIVERSIDE CEMETERY. THE COMMITTEE COMPLETED A NEW TURNAROUND IN THE AMERSON NORTH PARKING AREA TO IMPROVE RECREATIONAL AND BOATING ACCESS TO THE OCMULGEE RIVER AND TRAIL NETWORK.Expenses $181,427 · revenue $136,790
- GROWING JOBS AND INCREASING RESIDENTS: ONE OF THE MOST TRANSFORMATIVE WAYS NEWTOWN MACON IS CHANGING DOWNTOWN IS BY TURNING VACANT, DILAPIDATED BUILDINGS INTO BEAUTIFUL, USEFUL SPACES. NEWTOWN IS GROWING JOBS AND INCREASING RESIDENTS BY PROTECTING ENDANGERED BUILDINGS THROUGH THE TRANSITIONAL PROPERTY FUND (TPF). THIS FUND ALLOWS A BUILDING OWNER TO DONATE OR PARTIALLY DONATE A BUILDING TO NEWTOWN, AND NEWTOWN MATCHES THE BUILDING TO CAPABLE DEVELOPERS. THE TPF TRANSFERRED ONE PROPERTY AT 167 RIVERSIDE DRIVE FOR AS PART OF A PARCEL ASSEMBLAGE FOR THE FUTURE DEVELOPMENT OF MERCER UNIVERSITY'S SCHOOL OF MEDICINE ALONG RIVERSIDE DRIVE. ONE PROPERTY PREVIOUSLY HELD BY THE TPF REMAINED IN THE DEVELOPMENT PROCESS DURING THE FISCAL YEAR: 442 SECOND STREET, WHICH IS CURRENTLY AVAILABLE FOR SALE TO THE APPROPRIATE DEVELOPER. THE TPF CONTINUED TO INDEPENDENTLY OWN AND REHABILITATE 455 THIRD ST., A HISTORIC THEATRE. ONE PREVIOUSLY- REHABILITATED TPF PROJECT, A BOUTIQUE HOTEL AT 350 SECOND STREET, WAS SOLD TO ANOTHER OWNER AND REMAINS IN OPERATION AS A HOTEL. PREVIOUS TPF PROJECTS INCLUDE: 596 CHERRY ST. (CLISBY LOFTS), 536 THIRD ST. (LEE LOFTS), 518-530 CHERRY ST. (TRAVIS JEAN), 552-580 CHERRY ST. (LAMAR LOFTS), 566 POPLAR ST., 546 POPLAR ST., 350 SECOND ST. (CAPITOL), 555 POPLAR ST., 454 TERMINAL AVE., 360 SIXTH ST., RIVERSIDE DR. ASSEMBLAGE, 300 CHERRY ST. (SPORTS HALL) AND , 7 45 POPLAR ST. (SHRINE TEMPLE) AND 540 MARTIN LUTHER KING, JR. BLVD. (MERCER MUSIC AT CAPRICORN).Expenses $374,104 · grants $30,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2273893
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S21)
- Assets (IRS master file)
- $47,364,573
- Income (IRS master file)
- $6,542,058
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,345,883 | $4,091,031 | $47,364,573 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $2,735,233 | $3,796,164 | $43,633,726 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,338,620 | $2,913,101 | $36,186,795 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $9,813,654 | $3,269,796 | $32,465,436 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 58-2273893).
Questions about NEW TOWN MACON INC
- What is the EIN of NEW TOWN MACON INC?
- The employer identification number (EIN) of NEW TOWN MACON INC is 58-2273893.
- Is NEW TOWN MACON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to NEW TOWN MACON INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW TOWN MACON 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 NEW TOWN MACON INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW TOWN MACON INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW TOWN MACON INC?
- The 990 for the year ended June 30, 2025 names JAMES FRITZE.
- Who are the officers and directors of NEW TOWN MACON INC?
- The 990 for the year ended June 30, 2025 lists 32 people; 4 received compensation from the organization, the highest $361,641 (JOSHUA M ROGERS, PRESIDENT &).
- How much revenue does NEW TOWN MACON INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,345,883, expenses of $4,091,031 and total assets of $47,364,573 at year end.
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All nonprofits in MACON · Georgia · Community improvement and capacity building