NEW CENTER FOUNDATION
DETROIT, MI | Wayne County
Economic Development
Overview
NEW CENTER FOUNDATION
38-2271575
3939 WOODWARD AVENUE NO 100
DETROIT, MI 48201
Wayne County
DETROIT, MI 48201
Wayne County
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Economic Development
Nonprofit location
- Majority Minority Census Tract
- Opportunity Zone
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
-
Not reported
IRS Activity Codes
400
Area development, redevelopment of renewal
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
-
Not reported
CRA Alignment
CRA Category
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications
Community Development Financial Institution
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$3
Revenue
$-17,386
Assets
$3.8M
IRS Business Master File Details
As of August 2024
Exempt Ruling Date
1982-01
Deductibility Status
Deductible
Last Tax Filing
2022
Organization Type
Corporation
Organization Tax Filing Status
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Publication 78 Details
As of August 2024
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
IRS Form 990 Returns
Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Nonprofit Location
Physical Address
3939 WOODWARD AVENUE NO 100
DETROIT, MI 48201
Wayne County
DETROIT, MI 48201
Wayne County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
19804
MSA/MD
26
State
163
County
5203.00
Tract
Middle
Income Level
Core-Based Statistical Area
19820 - Detroit-Warren-Dearborn, MI
Combined Statistical Area
220 - Detroit-Warren-Ann Arbor, MI
Metropolitan Division
19804 - Detroit-Dearborn-Livonia, MI
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
60.22%
FFIEC Distressed Census Tract
FFIEC Underserved Census Tract
Market Data
Census Tract | County | |
---|---|---|
5203.00 | Wayne County | |
Population | ||
Total Population | 2,622 | 1,781,641 |
Total Households | 1,266 | 688,461 |
Income | ||
Median Income* | $76,439 | $57,223 |
Median Family Income (2024 FFIEC est.) | $77,800 | $77,800 |
Tract Income Percentage | 119.63% | N/A |
Below Poverty Level | 24.7% | 20.2% |
Unemployment Level | 8.5% | 9.0% |
Housing | ||
Total Housing Units | 1,465 | 792,169 |
Total Owner-Occupied Units | 20.5% | 64.0% |
Total Renter-Occupied Units | 65.9% | 36.0% |
Total Vacant Units | 13.6% | 5.9% |
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
Management
47
Total Voting Members
in Governing Body
in Governing Body
46
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Susan T Mosey
(313) 420-6000
(313) 420-6000
Principal Officer
Susan T Mosey
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.
This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.
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