From public IRS filings
NEWSED COMMUNITY DEVELOPMENT CORPORATION INC
DENVER, CO
Mission
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 .
Financials (IRS Form 990)
Total revenue
$1.9M
Total expenses
$2.5M
Total assets
$5.8M
Program expense ratio
7831%
Source: IRS Form 990, tax year 2024.
Who funds NEWSED COMMUNITY DEVELOPMENT CORPORATION INC
$727K in foundation grants on record from 7 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Nueva Esperanza | $175K | 3 |
| Denver Foundation | $161K | 3 |
| Latino Community Foundation of Colorado | $100K | 1 |
| Denver Metro Fair Housing Center | $95K | 1 |
| Unidosus | $72K | 2 |
| National Association for Latino Community Asset Builders | $55K | 2 |
| Enterprise Community Partners | $53K | 1 |
| Rose Community Foundation | $50K | 2 |
Leadership
ANDREA BARELA — PRESIDENT & CEO (Principal officer)
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