New Durham Corporation

Community development organization based in Durham, NC.0 Exempt under §501(c)(3).

MissionTo promote and encourage the revitalization of the City of Durham North Carolina through the acquisition, construction and/or lease of real estate and improvements, facilities and equipment for the use of the general public.

Financial snapshot · TY 2024

$11.1M
Total revenue
$11.1M
Total expenses
$242.3M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
0 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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New Durham Corporation Executive Compensation | 990 Data | DoubleNine