CSCharityScored
49

Newton Development Corporation

Other · Newton, Iowa

403 W 4Th St N Ste 210, Newton, IA 50208-3019

EIN: 426076592· Founded: Feb 1964· 62 years active· Filing Year: 2023

Annual Revenue

$234K

Total Expenses

$207K

Total Assets

$701K

Program Spending

54%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$150K

72.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$150K

72% of total expenses

Where the Money Goes

54%
Programs: 54%
Payroll: 72%
Other overhead: 47%
Program Revenue$111K (47%)
Total Expenses$207K (89%)
Payroll$150K (72%)
Overhead (non-program)47%

Trust Score Breakdown

Program Spending Ratio

54% of expenses go to programs

40%

Revenue & Stability

$234K annual revenue

15%

Executive Compensation

$150K total officer comp (72.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$701K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.