Neighborhood Initiatives Development Corporation
- Assets
- $1.7m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 98
- Location
- Bronx, NY
- Founding
- 11/1983
- Data as of
- 12/2020
- EIN
- 13-3110811
Organization Overview
Neighborhood Initiatives Development Corporation is located in Bronx, NY. The organization was established in 1983. As of 12/2020, Neighborhood Initiatives Development Corporation employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Initiatives Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Neighborhood Initiatives Development Corporation generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $2.3m during the year ending 12/2020. While expenses have increased by 2.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE THRIVING COMMUNITIES THAT PROVIDE SAFE, AFFORDABLE HOUSING AND HELP YOUTH PREPARE FOR A SUCCESSFUL FUTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH ACTIVITIES INCLUDE AFTERSCHOOL AND SUMMER PROGRAMMING AT PS 96, PS 357, PS 77 AND PS 483 & MS 89. PROGRAMMING INCLUDES, HOMEWORK ASSISTANCE, ACADEMIC ENRICHMENT, SOCIAL/EMOTIONAL DEVELOPMENT, LEADERSHIP DEVELOPMENT, HEALTH AND WELL BEING, TOTAL AFTERSCHOOL STUDENTS 700. WE ALSO OPERATE THE COMMUNITY CENTER AT EASTCHESTER GARDENS (NYCHA) PROVIDING AFTER SCHOOL, EVENING AND WEEKEND SERVICES TO YOUTH, ADULTS AND SENIORS. TOTAL NUMBER OF PARTICIPANTS IS 2,000. WE ALSO WORK WITH AT RISK YOUTH IN MIDDLE SCHOOLS, HIGH SCHOOLS AND OUT OF SCHOOL YOUTH. NIDC ALSO HOSTS COMMUNITY EVENTS INCLUDING A HOLIDAY TOY GIVEAWAY, MOVIES UNDER THE STARS AND A SPRING STREET FAIR. TOTAL ATTENDEES WAS ESTIMATED TO BE 2,500.
HOUSING AND NEIGHBORHOOD DEVELOPMENT ACTIVITIES INCLUDE LANDLORD/TENANT MEDIATION, EVICTION PREVENTION HOUSING COURT ADVOCACY, CRIME PREVENTION ACTIVITIES, MERCHANT ORGANIZING, TECHNICAL ASSISTANCE TO NEIGHBORHOOD GROUPS, LANDLORD AND TENANT FORUMS.
YOUTH ACTIVITIES INCLUDE AFTERSCHOOL AND SUMMER PROGRAMMING AT PS 96, PS 357, PS 77 AND PS 483 & MS 89. PROGRAMMING INCLUDES, HOMEWORK ASSISTANCE, ACADEMIC ENRICHMENT, SOCIAL/EMOTIONAL DEVELOPMENT, LEADERSHIP DEVELOPMENT, HEALTH AND WELL BEING, TOTAL AFTERSCHOOL STUDENTS 700. WE ALSO OPERATE THE COMMUNITY CENTER AT EASTCHESTER GARDENS (NYCHA) PROVIDING AFTER SCHOOL, EVENING AND WEEKEND SERVICES TO YOUTH, ADULTS AND SENIORS. TOTAL NUMBER OF PARTICIPANTS IS 2,000. WE ALSO WORK WITH AT RISK YOUTH IN MIDDLE SCHOOLS, HIGH SCHOOLS AND OUT OF SCHOOL YOUTH. NIDC ALSO HOSTS COMMUNITY EVENTS INCLUDING A HOLIDAY TOY GIVEAWAY, MOVIES UNDER THE STARS AND A SPRING STREET FAIR. TOTAL ATTENDEES WAS ESTIMATED TO BE 2,500.
HOUSING AND NEIGHBORHOOD DEVELOPMENT ACTIVITIES INCLUDE LANDLORD/TENANT MEDIATION, EVICTION PREVENTION HOUSING COURT ADVOCACY, CRIME PREVENTION ACTIVITIES, MERCHANT ORGANIZING, TECHNICAL ASSISTANCE TO NEIGHBORHOOD GROUPS, LANDLORD AND TENANT FORUMS.
YOUTH ACTIVITIES INCLUDE AFTERSCHOOL AND SUMMER PROGRAMMING AT PS 96, PS 357, PS 77 AND PS 483 & MS 89. PROGRAMMING INCLUDES, HOMEWORK ASSISTANCE, ACADEMIC ENRICHMENT, SOCIAL/EMOTIONAL DEVELOPMENT, LEADERSHIP DEVELOPMENT, HEALTH AND WELL BEING, TOTAL AFTERSCHOOL STUDENTS 700. WE ALSO OPERATE THE COMMUNITY CENTER AT EASTCHESTER GARDENS (NYCHA) PROVIDING AFTER SCHOOL, EVENING AND WEEKEND SERVICES TO YOUTH, ADULTS AND SENIORS. TOTAL NUMBER OF PARTICIPANTS IS 2,000. WE ALSO WORK WITH AT RISK YOUTH IN MIDDLE SCHOOLS, HIGH SCHOOLS AND OUT OF SCHOOL YOUTH. NIDC ALSO HOSTS COMMUNITY EVENTS INCLUDING A HOLIDAY TOY GIVEAWAY, MOVIES UNDER THE STARS AND A SPRING STREET FAIR. TOTAL ATTENDEES WAS ESTIMATED TO BE 2,500.
HOUSING AND NEIGHBORHOOD DEVELOPMENT ACTIVITIES INCLUDE LANDLORD/TENANT MEDIATION, EVICTION PREVENTION HOUSING COURT ADVOCACY, CRIME PREVENTION ACTIVITIES, MERCHANT ORGANIZING, TECHNICAL ASSISTANCE TO NEIGHBORHOOD GROUPS, LANDLORD AND TENANT FORUMS.
YOUTH ACTIVITIES INCLUDE AFTERSCHOOL AND SUMMER PROGRAMMING AT PS96,PS 105, PS77, PS16, PS483 & PS/MS89. PROGRAMMING INCLUDES, HOMEWORK ASSISTANCE, ACADEMIC ENRICHMENT, SOCIAL/EMOTIONAL DEVELOPMENT, LEADERSHIP DEVELOPMENT, HEALTH AND WELLBEING. TOTAL AFTERSCHOOL STUDENTS 1000. WE ALSO OPERATE THE COMMUNITY CENTER AT EASTCHESTER GARDENS (NYCHA) PROVIDING AFTER SCHOOL, EVENING AND WEEKEND SERVICES TO YOUTH, ADULTS AND SENIORS. TOTAL NUMBER OF PARTICIPANTS IS 2,000. WE ALSO WORK WITH AT RISK YOUTH IN MIDDLE SCHOOLS, HIGH SCHOOLS AND OUT OF SCHOOL YOUTH. NIDC ALSO HOSTS COMMUNITY EVENTS VACCINATION OUTREACH/VAN, PLANT BASE FOOD, BOOK BAG GIVE AWAY, FALL FESTIVAL AND NATIONAL NIGHT OUT AGAINST CRIME. TOTAL ATTENDEES WAS ESTIMATED TO BE 3000.
HOUSING AND NEIGHBORHOOD DEVELOPMENT ACTIVITIES INCLUDE LANDLORD/TENANT MEDIATION, EVICTION PREVENTION, HOUSING COURT ADVOCACY, CRIME PREVENTION ACTIVITIES, MERCHANT ORGANIZING, TECHNICAL ASSISTANT TO NEIGHBORHOOD GROUPS, LANDLORD AND TENANT FORUMS. TOTAL HOUSING CLIENTS 450.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Foster Executive Director | Officer | 35 | $96,429 |
Clifton Edmonds Director Of Fiscal Operations | Officer | 0 | $68,883 |
Christy Olsen Director Of Program Operation | Officer | 0 | $68,883 |
Hazel Miura Derector Of Housing & Communi | Officer | 0 | $58,285 |
Brad Silver Treasurer | OfficerTrustee | 1 | $0 |
David Edelstein Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,332,179 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,332,179 |
| Total Program Service Revenue | $102,874 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,435,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $342,598 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,341,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $266,521 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $322 |
| Office expenses | $189,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,663 |
| Travel | $963 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,226 |
| Insurance | $33,740 |
| All other expenses | $46,730 |
| Total functional expenses | $2,316,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,053 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $926,808 |
| Accounts receivable, net | $475,519 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,970 |
| Net Land, buildings, and equipment | $105,488 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,640 |
| Total assets | $1,698,508 |
| Accounts payable and accrued expenses | $335,266 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $967,444 |
| Total liabilities | $1,302,710 |
| Net assets without donor restrictions | $395,798 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,698,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Neighborhood Initiatives Development Corporation has recieved totaling $90,437.
| Awarding Organization | Amount |
|---|---|
Expanded Schools Inc New York, NY PURPOSE: EXPANDED LEARNING | $90,437 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Initiatives Development Corporation Bronx, NY | $1,698,508 | $2,435,053 |
Long Island Housing Services Inc Bohemia, NY | $1,462,016 | $1,713,068 |
Affordable Housing Partnership Of The Capital Region Inc Albany, NY | $779,138 | $826,139 |
Fair Housing Council Of Northern New Jersey Hackensack, NJ | $257,304 | $640,165 |
Massachusetts Fair Housing Center Inc Holyoke, MA | $415,286 | $586,131 |
Community House At St Thomas Corporation Perth Amboy, NJ | $235,118 | $0 |
Bridge East 5 Corporation New York, NY | $1,760,497 | $69,793 |