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New Community Corporation

Newark, New Jersey·EIN 22-1911104·NTEE L210 · Housing & Shelter·501(c)(3)·Filing year 2023

New Community Corporation's highest-paid officer, the Chief Executive Officer, was reported at $283,023 for 2023 (IRS Form 990), including base pay and other compensation.

Total revenue
$14M
Total assets
$91.5M
Total expenses
$13.9M
Reported officers
16

New Community Corporation's mission is to help residents of inner cities improve the quality of their lives to reflect individual God-given dignity and personal achievement. Founded in 1968, NCC is recognized as one of the largest, most comprehensive community development corporations in the U.S. Our vast array of services are provided "Under One Roofreach every stage of life. We offer affordable housing, early childhood learning centers, youth services, adult education, family transitional housing, mental health services, a long-term care facility, a one-stop resource center, a food pantry, a community newsletter and arts and cultural events.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New Jersey.

Chief Executive Officer
Above 90th percentile
$283k
Base
$275k
Bonus
—
Other
—
Benefits
$8k
Chief Financial Officer
Above 90th percentile
$174k
Base
$174k
Bonus
—
Other
—
Benefits
—
COO - Terminated
Median to 75th percentilevs Housing & Shelter peers nationwide
$131k
CEO - Former
75th to 90th percentile
$122k
Base
$122k
Bonus
—
Other
—
Benefits
—
Dir of Re Development-retired
Officer (Unspecified)
$66k
Board Member
75th to 90th percentilevs Housing & Shelter peers nationwide
$59k
Board Member
Below 10th percentilevs Housing & Shelter peers nationwide
$2k

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter →

Top pay as a share of expenses

In 2023, the highest total compensation at New Community Corporation equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

Common questions about New Community Corporation

What does the Chief Executive Officer of New Community Corporation earn?

In 2023, the Chief Executive Officer of New Community Corporation received $283,023 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Community Corporation compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New Jersey, the 2023 pay of the Chief Executive Officer at New Community Corporation falls in the top 10%. In 2023, the highest total compensation at New Community Corporation equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are New Community Corporation's revenue and expenses?

In 2023, New Community Corporation reported $14M in total revenue and $13.9M in total expenses on its IRS Form 990.

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