Newbo City Market

Community development organization based in Cedar Rapids, IA. 30 employees. Exempt under §501(c)(3).

MissionFOSTER ECONOMIC DEVELOPMENT BY UPLIFTING ENTREPRENEUERS AND ARTISTS THROUGH AN EQUITABLE BUSINESS INCUBATOR, ACCESSIBLE PUBLIC PROGRAMMING, AND A COMMUNITY GATHERING SPACE.

EIN
27-0600567
State
IA
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$2.5M
Total revenue
$1.1M
Total expenses
$4.1M
Net assets

Financial health · TY 2024

51
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
72
12.9 months of expenses
Program efficiency
22
58.8% spent on programs
Revenue diversity
65
Mix of program fees, grants & contributions

Leadership compensation

Parisi Julie
EXECUTIVE DIRECTOR
$108,496
39th percentile vs. peers

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Newbo City Market Executive Compensation | 990 Data | DoubleNine