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Newcap Nonprofit Closes Amid $2M Budget Deficit Scandal

3/24/2026

26 4 Full Breakdown

Summary

Story summary

Newcap, a nonprofit, is shutting down amid allegations of misusing taxpayer funds meant for low-income residents.
Investigations have disclosed a $2 million budget deficit and concerns about executive salaries and excessive spending on trips.
Former board member Diane Nichols criticized the board for failing to hold CEO Cheryl Detrick accountable.
Detrick is on administrative leave.
Detrick denies wrongdoing.

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Story summary

Newcap, a nonprofit, is shutting down amid allegations of misusing taxpayer funds meant for low-income residents.
Investigations have disclosed a $2 million budget deficit and concerns about executive salaries and excessive spending on trips.
Former board member Diane Nichols criticized the board for failing to hold CEO Cheryl Detrick accountable.
Detrick is on administrative leave.
Detrick denies wrongdoing.