Newton Development Corporation
Public records raise at least one point you should look into before giving.
What it says it does
THE NEWTON DEVELOPMENT CORPORATION STRIVES TO IMPROVE THE ECONOMIC WELL-BEING OF THE NEWTON COMMUNITY. WE ACCOMPLISHTHIS THROUGH COLLABORATION WITH OTHER COMMUNITY STAKEHOLDERS TO INCREASE INVESTMENT IN NEWTON BY RETAINING, GROWING,AND ATTRACTING BUSINESS. OUR SUCCESS IS MEASURED THROUGH GROWTH IN EMPLOYMENT, POPULATION, HOUSING, RETAIL SALES, TAXBASE, HEALTHCARE ACCESSIBILITY AND SCHOOL ENROLLMENT. WE WILL FOLLOW THESE PRINCIPLES AND VALUES; HONESTY, INTEGRITY,RESPECT, PROFESSIONALISM, TEAMWORK AND AN APPROPRIATE BALANCE OF TRANSPARANCY AND CONFIDENTIALITY.
- Income
- $206,947
- Spending
- $169,261
- Employees
- 2
- Volunteers
- 30
- Highest pay
- $90,000, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. 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)
- $127,444 spent. IN 2025, NDC PRIVATELY RAISED $119,613 FROM INVESTORS. NDC ALSO RECEIVED FUNDING OF $77,000 THROUGH THE CITY OF NEWTON VIA THE HOTEL/MOTEL TAX. NDC WAS INSTRUMENTAL IN THE PASSAGE OF THIS TAX IN 2005. THE NDC USES THE MONIES RECEIVED FROM INVESTORS AND THE CITY OF NEWTON TO HELP PROMOTE THE GROWTH AND SUSTAINABILITY OF THE NEWTON ECONOMY, IN TURN, CREATING A HEALTHY AND WONDERFUL COMMUNITY FOR THE PEOPLE TO RAISE FAMILIES AND FOR PEOPLE TO VISIT. IN 2006, DURING THE DEPARTURE OF MAYTAG, A COMMUNITY VISION WAS CREATED AND GOALS FOR ECONOMIC DEVELOPMENT WERE CREATED AND CENTERED BY THE GUIDANCE OF THE COMMUNITY VISION STATEMENT. THE FUNDING RECEIVED BY NDC ALLOWS FOR MANY OPPORTUNITIES.ONE OF THE OPPORTUNITIES IS FOR NDC TO BE PART OF THE GREATER DES MOINES PARTNERSHIP, A NETWORK COMPRISED OF ADAIR, CLARKE, DALLAS, GUTHRIE, JASPER, MADISON, MAHASKA, MARION, MARSHALL, POLK, POWESHIEK, AND WARREN COUNTIES. ANNUAL FEES COLLECTED FROM EACH COUNTY HAS ALLOWED THE EDONOMIC DIRECTORS TO LEVERAGE MONIES FROM THE REGION AND STATE TO PROVIDE ADVERTISING IN VARIOUS SITE SELECTION PUBLICATIONS, CREATE MARKETING MATERIALS AND ATTEND VARIOUS TRADE SHOWS THROUGHOUT THE UNITED STATES. THE NEWTON DEVELOPMENT CORPORATION WEBSITE (WWW.NEWTONDEVELOPMENTCORPORATION.COM) IS ANOTHER TOOL FOR ECONOMIC DEVELOPMENT AND GROWTH AS THE WEBSITE PROVIDES INFORMATION RELATIVE TO AVAILABLE BUILDING AND SITES, PROMOTES THECOMMUNITY AND SERVES AS A SOURCE OF INFORMATION FOR NEW AND EXISTING BUSINESSES AND ENTREPRENEURS.THE FOLLOWING OUTLINES SEVERAL PROGRAMS THE NDC PROVIDES AS IT CONTINUES TO PROMOTE THE GROWTH AND SUSTAINABILITY OF THE COMMUNITY. ALL OF THESE PROGRAMS COULD NOT BE POSSIBLE WITHOUT THE SUPPORT FROM THE MANY PARTNERS AND THE ENTHUSIASM FROM THE COMMUNITY AND BUSINESSES TO CONTINUE TO GROW: 1) BUSINESS RETENTION CALLS: SYNCHRONIST SURVEYS COMPLETED FOR EVERY ADVANCED MANUFACTURER IN JASPER COUNTY AS CONFIDENTIAL DATA COLLECTED IS USED TO PROVIDE ECONOMIC DEVELOPMENT SUPPORT IN AREAS OF SUSTAINABILITY AND GROWTH AND BUILD RELATIONSHIPS. WORK DIRECTLY WITH IEDA, MID-AMERICAN AND ALLIANT ENERGY AS THEY ARE STRONG ADVOCATES OF THE PROGRAM THROUGHOUT THE STATE OF IOWA. 2) RECRUITING NEW BUSINESS: WORK DIRECTLY WITH IEDA AND IOWA CONNECTIONS IN THE RECRUITMENT OF NEW COMPANIES FOR THE COMMUNITY AND THE SURROUNDING AREA. IEDA PROGRAM MANAGERS HAVE VISITED NEWTON AND LOOKED AT BUILDING AND SITES SO THEY HAVE A BETTER UNDERSTANDING OF WHAT NEWTON HAS TO OFFER. 3) ENTREPRENEURIAL AND EXISTING BUSINESS SUPPORT PROGRAMS: SINCE 2007 NEWTON DEVELOPMENT CORPORATION HAS SERVED OVER HUNDREDS OF PARTICIPANTS IN A VARIETY OF ENTREPRENEURIAL AND EXISTING BUSINESS SUPPORT PROGRAMS THROUGH THE PARTNERSHIP OFDMACC, JEDCO, MYENTRE.ENT, UNI-SBDC, SCORE, CITY OF NEWTON AND SBA. THE NEWTON DEVELOPMENT CORPORATION COORDINATES SMI-ANNUAL CALENDARS OUTLINING PROGRAMS, CLASSES AND EVENTS THAT DIRECTLY PROMOTE AND SUPPORT EXISTING BUSINESSES AND ENTREPRENEURISM.NDC ALSO PROVIDES BUSINESSES WITH ACCESS TO CAPITAL BY MAINTAINING GOOD RELATIONSHIPS WITH THE BANKS IN NEWTON. THIS IS BENEFICIAL WHEN DIRECTING ENTREPRENEURS AND EXISTING BUSINESS OWNERS WHEN CAPITAL IS NEEDED.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. 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)(6) business league.
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 October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, 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 2025.
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 1964.
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 October 21, 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.