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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter New Community Corporation

New Community Corporation

Fiscal year ending 2024. Filed on November 17, 2025.

233 West Market Street
Newark, New Jersey 07103

New Community Corporation (EIN: 22-1911104) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Community Corporation, a 501(c)(3) charitable organization, reported compensation for 4 out of 325 total employees. Among the employees shown here, the average compensation is $159,491. The highest compensated employee at New Community Corporation is Simone Gagnerone with fiscal year 2024 compensation of $284,933.

Revenue, expenses, and employee compensation

Revenue

$15,303,744

Expenses

$13,860,974

Employee compensation

$8,461,337
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Simone Gagnerone
Chief Executive Officer
$284,933
$277,196 No related comp$7,737
Elizabeth Mbakaya
Chief Financial Officer
$188,500
$188,500 No related compNo other comp
Richard Rohrman
Former Chief Executive Officer
$104,673
$104,673 No related compNo other comp
Madge Wilson
Emerita
$59,856
$56,136 No related comp$3,720

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Marchetta
Board Member
Barry Baker
Board Member
Diane Johnson
Board Member
Dr Zachary Yamba
Emerita
Edgar Nemorin
Interim Chairman and Treasurer
Fernando Colon
Board Member
Jerome st John
Board Member
Newton Richards
Secretary

Contractors

Cali Carting
Construction
$475,275
Louis Iron Works
Repair Amd Maintenan
$406,700
Western Pest Services
Pest Control
$338,469
Silva's Mechanical Service Inc.
Contracting
$306,281
Schenck Price Smith & King LLP
Legal
$176,286

Mission Statement

NEW COMMUNITY CORPORATION'S MISSION IS TO HELP RESIDENTS OF INNER CITIES IMPROVE THE QUALITY OF THEIR LIVES TO REFLECT INDIVIDUAL GOD-GIVEN DIGNITY AND PERSONAL ACHIEVEMENT. FOUNDED IN 1968, NCC IS RECOGNIZED AS ONE OF THE LARGEST, MOST COMPREHENSIVE COMMUNITY DEVELOPMENT CORPORATIONS IN THE U.S. OUR VAST ARRAY OF SERVICES ARE PROVIDED "UNDER ONE ROOFREACH EVERY STAGE OF LIFE. WE OFFER AFFORDABLE HOUSING, EARLY CHILDHOOD LEARNING CENTERS, YOUTH SERVICES, ADULT EDUCATION, FAMILY TRANSITIONAL HOUSING, MENTAL HEALTH SERVICES, A LONG-TERM CARE FACILITY, A ONE-STOP RESOURCE CENTER, A FOOD PANTRY, A COMMUNITY NEWSLETTER AND ARTS AND CULTURAL EVENTS.

Revisions to this organization profile

November 17, 2025:
2024 New Community Corporation 990 filed
November 15, 2024:
2023 New Community Corporation 990 filed
November 15, 2023:
2022 New Community Corporation 990 filed

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