Newport Commons INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Housing for disabled

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $35K a year · 34% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$1.8M
127% of total assets
Concern: liabilities are 127% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$77K
Spent
$118K
To programs
100%
Net assets
−$385K
By yearFY2020–FY2025
Revenue
$77K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$77K
FY2021$82K
FY2022$118K
FY2023$113K
FY2024$109K
FY2025$120K
Expenses
$118K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$118K
FY2021$128K
FY2022$164K
FY2023$143K
FY2024$128K
FY2025$146K
Net assets
−$385K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$385K
FY2021−$431K
FY2022−$477K
FY2023−$507K
FY2024−$526K
FY2025−$552K

From the FY2020 Form 990 (year ending June 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $118K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
See Attached
1
$0Pt VII · Sec A
$0Pt VII · Sec A

See Attached’s $1 as Schedule is at the 0th percentile of top reported officer pay among 852 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
See Attached$1$1

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Newport Commons INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Newport Commons INC is a housing nonprofit based in Newport, KY.

Questions for Newport Commons INC

Tap to ask. Newport Commons INC sees how many people are interested.

Your first name shows with your question. Newport Commons INC answers here, for everyone.

1 program · $118K · in their own filed words · FY2019
01

HOUSING-12 units

$118Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $1.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.138 · Direct$1.2M
Section 8 New Construction and Substantial RehabilitationDepartment of Housing and Urban Development · ALN 14.855 · Direct$77K

The auditor reported no findings.

Year ending Jun 2024 · $1.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.138 · Direct$1.2M
Section 8 New Construction and Substantial RehabilitationDepartment of Housing and Urban Development · ALN 14.855 · Direct$60K

The auditor reported no findings.

Year ending Jun 2023 · $1.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.138 · Direct$1.2M
Section 8 New Construction and Substantial RehabilitationDepartment of Housing and Urban Development · ALN 14.855 · Direct$55K

The auditor reported no findings.

Year ending Jun 2022 · $1.2M federal money spent
Mortgage Insurance_rental Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.138 · Direct$1.2M
Rental AssistanceDepartment of Housing and Urban Development · ALN 14.855 · Direct$49K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$77K
Ln 12
Fees for servicesLn 2g$75K
Investment incomeLn 3$1K
Money outPt IX
$118K
Ln 25
Programscol B$118K
Owns and owesPt X
−$385K
net assets · Ln 32
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$75K
Investment incomeLn 3$1K
Total revenueLn 12$77K
Assets in detailPt X, end of year
Other assetsLn 15$1.4M
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.8M
Net assetsLn 32−$385K
OperationsPt I, VI
EmployeesI 54
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Total assetsLn 16$1.5M$1.4M
LiabilitiesLn 26$1.8M$1.8M
Net assetsLn 32−$343K−$385K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$118K$118K$0$0
Total functional expensesLn 25$118K$118K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Sep 9, 2025 $120K$146K−$26K−$552K 990 PDF
FY2024Filed with the IRS Aug 28, 2024 $109K$128K−$19K−$526K 990 PDF
FY2023Filed with the IRS Aug 30, 2023 $113K$143K−$30K−$507K 990 PDF
FY2022Filed with the IRS Oct 1, 2022 $118K$164K−$46K−$477K 990 PDF
FY2021Filed with the IRS Sep 25, 2021 $82K$128K−$47K−$431K 990 PDF
FY2020 ViewingFiled with the IRS Jan 17, 2022 $77K$118K−$41K−$385K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $76,835 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $74,596$75,426
I-10 Investment incomePrior year $2,278$1,409
I-11 Other revenue$0
I-12 Total revenuePrior year $76,874$76,835
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,450$118,204
I-18 Total expensesPrior year $106,450$118,204
I-19 Revenue less expensesPrior year −$29,576−$41,369
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $76,835 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$75,426
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$1,409
VIII-12 Total revenueRelated to mission $76,835 · Unrelated business $0 · Excluded from tax $0$76,835
Part IX · Statement of functional expenses $118,204 across 1 line filed
IX-24 Other expenses (24a–d)Programs $118,204 · Management $0 · Fundraising $0$118,204
IX-25 Total functional expensesPrograms $118,204 · Management $0 · Fundraising $0$118,204
Part X · Balance sheet $1,430,412 assets, 6 lines filed
X-15 Other assetsStart of year $1,471,862$1,430,412
X-16 Total assetsStart of year $1,471,862$1,430,412
X-25 Other liabilitiesStart of year $1,815,187$1,815,106
X-26 Total liabilitiesStart of year $1,815,187$1,815,106
X-32 Total net assets or fund balancesStart of year −$343,325−$384,694
X-33 Total liabilities and net assetsStart of year $1,471,862$1,430,412
Part XI · Reconciliation of net assets −$384,694 net assets at year end
XI-1 Total revenue$76,835
XI-2 Total expenses$118,204
XI-3 Revenue less expenses−$41,369
XI-4 Net assets at start of year−$343,325
XI-10 Net assets at end of year−$384,694

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.