New Communities Inc

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

EIN: 581076838 ✦ Albany, GA ✦ Designated as a 501(c)(4)

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Overview

What is New Communities Inc?

New Communities Inc is a nonprofit organization that actively works towards combating rural poverty. They accomplish this by offering grantmaking assistance to agricultural cooperatives and various other organizations that serve impoverished rural communities. This strategic approach enables them to contribute significantly to alleviating poverty in these underprivileged areas.

Is New Communities Inc legitimate?

New Communities Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Communities Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,759

For more financial information, click here

What is the mission statement of New Communities Inc?

New Communities Inc, as a mission-driven organization, aims to combat rural poverty. They achieve this by offering grantmaking support to agricultural cooperatives and other organizations that serve impoverished rural communities. This strategic approach enables these organizations to effectively address the unique challenges faced in these areas, thereby contributing to the overall improvement of living conditions for the rural population. New Communities Inc's efforts are focused on addressing poverty at its roots, recognizing the crucial role of community-based organizations in fostering sustainable development.

Who is the CEO of New Communities Inc?

Shirley Sherrod is the President/Ce of New Communities Inc.

What is the revenue of New Communities Inc?

New Communities Inc's revenue in 2022 was $392,175.

Who are the executives of New Communities Inc and what are their salaries?

The average compensation at New Communities Inc during 2022 was $26,293. There are 6 employees and 10 volunteers at New Communities Inc.


Here are 6 key members and their salaries:


Shirley Sherrod (President/Ce)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Xavier Bailey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Davis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Marks (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenyatta Sherrod (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Communities Inc?

New Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Communities Inc

New Communities Inc, a nonprofit organization, is dedicated to combating rural poverty. They accomplish this mission by offering grantmaking support to agricultural cooperatives and other organizations that cater to impoverished rural areas. By providing financial assistance, New Communities Inc empowers these organizations to improve the living conditions and opportunities for individuals residing in these regions. The ultimate goal is to alleviate poverty and foster sustainable growth in rural communities.

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Impact




October, 2024

New Communities Inc. plays a crucial role in combating rural poverty by offering grantmaking support to agricultural cooperatives and organizations dedicated to uplifting impoverished rural areas. By focusing on these communities, New Communities helps to enhance economic opportunities, facilitate sustainable agricultural practices, and improve overall living conditions. Their support empowers local organizations, fostering development initiatives that directly address the challenges faced by rural populations. This collaborative approach not only strengthens community resilience but also promotes long-term growth and self-sufficiency in some of the most underserved regions.




This information is meant to be a general summary of New Communities Inc. 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
$392,175 (2022)
Expenses
$672,712 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,234
  • Gross Receipts: $392,175

Assets and Liabilities:

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

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Organization Details

Founding Year

1968

Principal Officer

Shirley Sherrod

Main Address

PO BOX 4869, ALBANY, GA, 31706

NTEE Category

Code: S31 - Community improvement

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