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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 Philanthropy, Voluntarism & Grantmaking The New American Dream Foundation Inc.

The New American Dream Foundation Inc.

Fiscal year ending 2024. Filed on May 30, 2025.

57 North St
Danbury, Connecticut 06810

The New American Dream Foundation Inc. (EIN: 81-1540774) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The New American Dream Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$242,489

Expenses

$207,043

Employee compensation

$51,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Celia Bacelar Palmares
President
$0
Genilson Palmares
Treasurer and Secretary
$0
Emanuela Palmares
Vice President
$0

Benchmark Employee Compensation

Mission Statement

TO PROVIDE SCHOLARSHIPS AND FINANCIAL INCENTIVES FOR STUDENTS, VETERANS, PERSONS OF THE YEAR, AND LOCAL NON-PROFIT ORGANIZATIONS THAT SHARE IN THE CORE AMERICAN VALUES OF EQUAL OPPORTUNITY, AND FREEDOM IN THE AREAS OF EDUCATION, HEALTH AND CIVIC ENGAGEMENT.

Revisions to this organization profile

May 30, 2025:
2024 The New American Dream Foundation Inc. 990 filed
May 14, 2024:
2023 The New American Dream Foundation Inc. 990 filed
May 17, 2023:
2022 The New American Dream Foundation Inc. 990 filed

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