New Village Corporation

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

MissionAS A WHOLLY-OWNED SUBSIDIARY OF NEIGHBORHOOD PROGRESS, INC. (NPI), NEW VILLAGE CORPORATION (NVC) DEVELOPS CATALYTIC REAL ESTATE PROJECTS IN JOINT VENTURES WITH COMMUNITY BASED 501(C)(3) DEVELOPMENT CORPORATIONS AND PRIVATE INVESTORS. NEW VILLAGE CORPORATION SUPPORTS PROJECTS THAT

Financial snapshot · TY 2023

$3.5M
Total revenue
$3.3M
Total expenses
$24.7M
Net assets

Financial health · TY 2023

88
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
31.3 months of expenses
Program efficiency
100
89.8% spent on programs
Revenue diversity
42
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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