NEWSED COMMUNITY DEVELOPMENT CORPORATION, INC. (NEWSED CDC) WAS CREATED TO DEVELOP LOW INCOME HOUSING OPPORTUNITES, TO IDENTIFY AND ELIMINATE DISCRIMINATION IN THE HOUSING AREA, AND TO RAISE ECONOMIC, EDUCATIONAL, CULTURAL AND SOCIAL LEVEL OF THE RESIDENTS ON THE CITY AND COUNTY OF DENVER .
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
President & Median to 75th percentile | $118k $127k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Down 3%
from 2023
From $122k in 2023 to $118k in 2024.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue rose 27%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
NEWSED COMMUNITY DEVELOPMENT CORP INC reported revenue and expenses across 2 filing years.
Common questions about NEWSED COMMUNITY DEVELOPMENT CORP INC
What does the Chief Executive Officer of NEWSED COMMUNITY DEVELOPMENT CORP INC earn?
In 2024, the Chief Executive Officer of NEWSED COMMUNITY DEVELOPMENT CORP INC received $117,998 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEWSED COMMUNITY DEVELOPMENT CORP INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEWSED COMMUNITY DEVELOPMENT CORP INC falls between the median and the 75th percentile.
What are NEWSED COMMUNITY DEVELOPMENT CORP INC's revenue and expenses?
In 2024, NEWSED COMMUNITY DEVELOPMENT CORP INC reported $1.9M in total revenue and $2.5M in total expenses on its IRS Form 990.
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