New Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237029777 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New Community Foundation?

The New Community Foundation, situated in Newark, New Jersey's central ward, is a nonprofit organization dedicated to supporting low-income families. Their primary mission involves developing programs that cater to the needs of this demographic, providing essential assistance. Additionally, they extend a helping hand to the children of these families, ensuring they have access to both recreational and educational opportunities. The foundation's work is a testament to their commitment to uplifting their community and fostering a brighter future for its youngest members.


Official website here: www.newcommunity.org

Is New Community Foundation legitimate?

New Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.newcommunity.org

What is the mission statement of New Community Foundation?

The New Community Foundation is dedicated to supporting the needs of low-income families. Their mission encompasses the development of various programs aimed at assisting these families. Additionally, they provide aid for the recreational and educational needs of children from low-income backgrounds. In essence, their mission is to enhance the lives of these families and children, providing them with the necessary resources to thrive.


Official website here: www.newcommunity.org

Who is the CEO of New Community Foundation?

Edgar Nemorin is the Treasurer of New Community Foundation. The CEO's salary of New Community Foundation is $0 and their total compensation is $0.


Official website here: www.newcommunity.org

What is the revenue of New Community Foundation?

New Community Foundation's revenue in 2023 was $0.


Official website here: www.newcommunity.org

Who are the executives of New Community Foundation and what are their salaries?


Here are 14 key members and their salaries (New Community Foundation's CEO's salary is $0 and their total compensation is $0):


Newton M Richards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Zachary Yamba (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madge Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Migdalia Martinez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Mbakaya (Cfo/Interim Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rohrman (Ceo/Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Colon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Marchetta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome St John (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Rasmussen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Gagnerone (Ceo (From 12/02/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Nemorin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcommunity.org

Where can I find the form 990EZ for New Community Foundation?

New Community Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.newcommunity.org

Learn more at the official website: www.newcommunity.org

Mission Statement of New Community Foundation

The New Community Foundation, as stated, is dedicated to addressing the needs of low-income families in a specific area, namely the central ward of Newark, New Jersey. Their mission extends beyond mere assistance; they endeavor to develop comprehensive programs that cater to the welfare of these families. Furthermore, the foundation shows a particular concern for the children of these families, providing aid to support their recreational and educational needs. By doing so, the New Community Foundation aims to contribute positively to the lives of these families, helping them navigate through their challenges and fostering their development.

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Impact




October, 2024

The New Community Foundation significantly impacts low-income families in the central ward of Newark, New Jersey, by developing tailored programs that directly address their needs. Through its initiatives, the foundation enhances the quality of life for these families and supports children in the area by providing crucial aid for recreational and educational activities. This commitment not only fosters community development but also helps to empower individuals and families, offering them opportunities for growth and improved well-being. The foundation’s work in philanthropy is essential in creating a supportive environment that nurtures the potential of young individuals while addressing the challenges faced by their families.




This information is meant to be a general summary of New Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Principal Officer

    Edgar Nemorin

    Main Address

    233 West Market Street, Newark, NJ, 07103

    NTEE Category

    Code: T31 - Philanthropy

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