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US nonprofit · EIN 721297875 · New Orleans, LAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 721297875) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Newcorp Inc

Donations deductible
Revenue
$2.6m
year to 31 December 2024
Expenses
$1m
year to 31 December 2024
Total assets
$12.5m
$6m liabilities
Net assets
$6.5m
assets less liabilities
Directors and trustees
7
4.4 years on average
Staff
6
1 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
How am I connected?

Newcorp Inc's network

7 people10 organisationsi7 people and 10 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (10) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Angela ObyrneTreasurer2022
4 yrs
Gerald JohnsonMember2022
4 yrs
James RossMember2022
4 yrs
Monica EdwardsMember2022
4 yrs
Rodderick MillerMember2022
4 yrs
Sheryl HowardCompany secretary2022
4 yrs
Vanessa Brown ClaibornePresident2022
4 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Vaughn FauriaExecutive Directorsince 2022

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Vaughn FauriaExecutive Director50$210k
Vanessa Brown ClaibornePresident3$0
Angela ObyrneTreasurer2$0
Sheryl HowardSecretary2$0
Monica EdwardsMember2$0
Gerald JohnsonMember2$0
James RossMember2$0
Rodderick MillerMember2$0

About

Legal name
Newcorp Inc
EIN
721297875
Address
3301 Annette St, New Orleans, LA, 70122-2921
State
Louisiana
Mission
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. (as filed on the Form 990)
Activity (NTEE)
S30 Community improvement and capacity building
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Community Improvement & Capacity Building
Size band
8 (IRS master file code)
Formed
1995
Principal officer
Vaughn R Fauria (as named on the Form 990)
IRS ruling date
1 August 2021
Status
Code 01 (unconditional exemption)
Form 990 filings on record
3, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥4years on the filingsAngela Obyrne
≥4years on the filingsGerald Johnson
≥4years on the filingsJames Ross
≥4years on the filingsMonica Edwards

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$12.5m
Total liabilities
$6m
Net assets or fund balances
$6.5m
Contributions and grants received
$2.5m
Program service revenue
$0
Employees
6
Volunteers
1

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$2.6m$1m$1.6m

As filed on the IRS Form 990. US dollars.