New Community Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $15.3 million
- Spending
- $13.9 million
- Spent on programs
- 86%
- Reserves
- 74.3 months of spending
- Largest source of income
- fees for its services, 66%
- Employees
- 325
- Volunteers
- 0
- Highest pay
- $284,933, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 95% of charities in its peer group (housing, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 74.3 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 44% of charities in its peer group (housing, $10m to $100m).
Independent board
25 of 256 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $11.8 million spent. New Community Corporation provides management and additional resource support to over 1,700 low- to moderate-income units of affordable housing. Through a comprehensive community development approach, residents' needs are met to help them achieve permanent housing, employment, access to quality education, and access to quality healthcare services. New Community Corporation provides management and additional resource support to its affiliate New Community Healthcare Inc. New Community Healthcare provides the highest quality of nursing care 24 hours a day, seven days a week. It has a team of experienced professionals who provide around-the-clock nursing care to all residents, including those in advanced stages of illness. The 180-bed skilled nursing facility offers long-term care for senior citizens and the disabled and provides short-term subacute rehabilitation care, with a dedicated 30-bed subacute unit. The team consists of board-certified attending physicians plus a multitude of consultant physicians specializing in dentistry, optometry, podiatry, psychiatry, psychology, and surgery. New Community Healthcare also offers hospice and respite care, X-ray, and laboratory services on site. New Community Corporation provides management support to its affiliate Harmony House, which shelters homeless families and individuals with disabilities and chronic homelessness. Harmony House has served as a stable housing resource for over 17,000 families in Essex County, NJ. Its primary goal is to help families move from homelessness to permanent housing and from dependency to self-sufficiency. With the capacity to house 102 families in individual apartment units and a host of on-site social services, Harmony House provides much more than a shelter. It offers stability to families facing seemingly insurmountable barriers and enables them to restore their lives.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1974.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.