2023-11-08T15:20:27-07:00 2022-12-31 711037748 VGR CPA LLC 1855 N Gayoso St New Orleans LA 701192154 990 2022-01-01 721297875 NEWCORP INC NEWC 5042081700 2533 Columbus Street Suite 204 New Orleans LA 70119 Vaughn R Fauria President 5042081700 2023-10-31 1 1 Victor Robinson P01282203 5044941902 2023-10-15 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Vaughn R Fauria 2533 Columbus Street Suite 204 New Orleans LA 70119 1647488 0 X www.newcorpinc.com X 1995 LA NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. 7 7 7 1 0 0 1667423 1129882 156867 512782 0 0 211165 4824 2035455 1647488 0 0 0 0 549170 583437 0 0 0 697301 683679 1246471 1267116 788984 380372 12451651 11879198 6176441 5462231 6275210 6416967 NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. 0 0 941599 0 0 NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. 0 0 0 941599 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 1 1 X Vaughn Fauria 5042081700 2533 Columbus Street Suite 204 New Orleans LA 70119 Vaughn Fauria Executive Director 50 0 X 210000 0 0 Vanessa Brown Claiborne President 2 0 X X 0 0 0 Angela Obyrne Treasurer 2 0 X X 0 0 0 Sheryl Howard Secretary 2 0 X X 0 0 0 Monica Edwards Member 2 0 X 0 0 0 Gerald Johnson Member 2 0 X 0 0 0 James Ross Member 2 0 X 0 0 0 Rodderick Miller Member 2 0 X 0 0 0 210000 0 0 1 0 1 0 Peter Brooks 13 Melrose Dr Marrero LA 70072 Loan servicing 141537 1 0 0 0 0 0 1129882 0 1129882 512782 512782 0 0 512782 0 0 0 0 0 4824 4824 0 0 4824 1647488 517606 0 0 210000 157500 52500 0 320249 240164 80085 11536 8652 2884 41652 31239 10413 163620 122715 40905 6861 6861 64428 64428 17774 13330 4444 23996 17997 5999 9123 6967 2156 6291 4718 1573 23813 17860 5953 144229 144229 0 0 11634 11634 9099 6824 2275 Amortization Expenses 20511 15383 5128 0 Program Expenses 76972 76972 0 0 Repairs and Maintenance 51295 38471 12824 0 Telephone 15963 11972 3991 0 38070 26606 11464 1267116 941599 325517 0 4754018 3873283 0 0 44190 176371 7576147 7674166 0 0 0 0 0 0 0 0 3278 4606 381600 271218 74018 110382 0 0 0 0 0 0 0 0 0 40390 12451651 11879198 21928 59990 0 0 1950308 1943079 4126313 3343739 0 0 77892 115423 6176441 5462231 X 536760 733266 5738450 5683701 6275210 6416967 12451651 11879198 X 380372 0 0 0 0 -238615 X 1 0 1 0 X 650591 855106 2570704 1865592 1129882 7071875 585193 1019677 448255 156867 512782 2722774 1235784 1874783 3018959 2022459 1642664 9794649 9794649 15111 18778 17753 12996 4824 69462 1250895 1893561 3036712 2035455 1647488 9864111 0.99296 0.99226 0 0 X Schedule A, Part III, Line 12 Other RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53315 0 53315 0 0 0 0 20625 0 19536 1089 307660 0 251682 55978 0 0 0 0 110382 Other Liabilities 115423 115423 X 0 0 0 0 0 0 0 0 0 Vaughn Fauria Executive Director 210000 0 0 0 0 0 0 0 0 0 210000 0 0 0 The Brooks Group Consultant 165000 Loan Fund Services 0 Form 990, Part VI, Section B, Line 11b Board members are given a copy of the 990 in advance of the submission Form 990, Part VI, Section B, Line 15 The Board reviews the compensation of similarly sized organizations and in a private session review and determine compensation for the Executive Director. Form 990, Part VI, Section C, Line 19 Upon Request Form 990, Part XI, Line 9 Net asset adjustment NewCorp obtained an extension.