CEDAR RAPIDS, IA
Newbo City Market
Quick Facts
- EIN
- 27-0600567
- Location
- CEDAR RAPIDS, IA
- Category
- Community Development
- NTEE Code
- S31
- Total Assets
- $4.1M
- Annual Income
- $2.6M
- Annual Revenue
- $2.5M
- IRS Ruling Year
- 2010
- Tax Subsection
- 501(c)(03)
About This Organization
Newbo City Market is a nonprofit organization based in CEDAR RAPIDS, IA. It received its IRS tax-exempt ruling in 2010. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $4.1M. Annual income is $2.6M. The organization has received $710K in foundation grants from 4 funders. It has received $1.3M in federal awards from 2 agencies.
Grants Received from Foundations
Foundation grants awarded to Newbo City Market, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Ewing Marion Kauffman Foundation | $120K | 2024 | SUPPORT FOR THE NEWBO CITY MARKET TO PROVIDE ADDITIONAL OUTREACH SERVICES TO TARGET BIPOC ENTREPRENEURS IN THE MARKET'S BUSINESS SUPPORT PROGRAMMING IN CEDAR RAPIDS, IOWA. 202204-12265 |
| Ewing Marion Kauffman Foundation | $60K | 2023 | SUPPORT FOR THE NEWBO CITY MARKET TO PROVIDE ADDITIONAL OUTREACH SERVICES TO TARGET BIPOC ENTREPRENEURS IN THE MARKET'S BUSINESS SUPPORT PROGRAMMING IN CEDAR RAPIDS, IOWA. 202204-12265 |
| Cla Foundation | $20K | 2023 | GENERAL OPERATING SUPPORT |
| Ewing Marion Kauffman Foundation | $180K | 2022 | SUPPORT FOR THE NEWBO CITY MARKET TO PROVIDE ADDITIONAL OUTREACH SERVICES TO TARGET BIPOC ENTREPRENEURS IN THE MARKET'S BUSINESS SUPPORT PROGRAMMING IN CEDAR RAPIDS, IOWA. 202204-12265 |
| The Wellmark Foundation | $100K | 2022 | EXPAND MARKET TO BE AN INCUBATOR FOR ENTREPRENEURS TO SELL FRESH PRODUCE. THIS WILL INCLUDE A FULLY LICENSED PRODUCTION KITCHEN AND CLASSROOMS. |
| The Wellmark Foundation | $100K | 2022 | EXPAND MARKET TO BE AN INCUBATOR FOR ENTREPRENEURS TO SELL FRESH PRODUCE. THIS WILL INCLUDE A FULLY LICENSED PRODUCTION KITCHEN AND CLASSROOMS. |
| Ewing Marion Kauffman Foundation | $50K | 2022 | SUPPORT FOR TIME AND TRAVEL EXPENSES TO PARTICIPATE IN A LEARNING COMMUNITY OF ENTREPRENEUR SUPPORT ORGANIZATIONS. 202210-13246 |
| First Interstate Bancsystem Foundation Inc. | $25K | 2022 | General Operating Support |
| First Interstate Bancsystem Foundation Inc. | $25K | 2022 | General Operating Support |
| Cla Foundation | $15K | 2022 | GENERAL OPERATING SUPPORT |
| Cla Foundation | $15K | 2022 | GENERAL OPERATING SUPPORT |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Commerce | 1 awards totaling $1,302,362 | $1.3M | 2024 |
| National Endowment for the Arts | 2 awards totaling $40,000 | $40K | 2024 |
Frequently Asked Questions
What does Newbo City Market do?
Newbo City Market is a nonprofit organization focused on community development, based in CEDAR RAPIDS, IA. It is classified under IRC Section 501(c)(03).
Who funds Newbo City Market?
Newbo City Market has received foundation grants from Ewing Marion Kauffman Foundation, Cla Foundation, The Wellmark Foundation, and others. It has also received federal awards from Department of Commerce, National Endowment for the Arts.
What is Newbo City Market's annual revenue?
Newbo City Market reports total assets of $4.1M. Annual income is $2.6M.
Where is Newbo City Market located?
Newbo City Market is located in CEDAR RAPIDS, IA.
Is Newbo City Market a 501(c)(3)?
Yes, Newbo City Market is a 501(c)(3) tax-exempt organization. Its EIN is 27-0600567. Donations to this organization may be tax-deductible.
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