Nehda Inc
- Assets
- $556.1k
- Revenue
- $259.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Syracuse, NY
- Founding
- 03/1979
- Data as of
- 04/2022
- EIN
- 16-1117485
Organization Overview
Nehda Inc is located in Syracuse, NY. The organization was established in 1979. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2022, Nehda Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nehda Inc 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 04/2022, Nehda Inc generated $259.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $270.8k during the year ending 04/2022. While expenses have increased by 4.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEHDA (NORTHEAST HAWLEY DEVELOPMENT ASSOCIATION) IS A NEIGHBORHOOD PRESERVATION COMPANY THAT WAS ORGANIZED FOR THE PURPOSE OF EXERCISING, PROMOTING AND PROTECTING THE PRIVILEGES AND THE INTERESTS OF THE NORTHEAST SIDE OF THE CITY OF SYRACUSE; TO FOSTER A HEALTHY INTEREST IN THE DEVELOPMENT OF THE COMMUNITY; TO DEVELOP GOOD CITIZENSHIP; AND TO INQUIRE INTO SOCIAL AND CIVIC ABUSES AND TO SEEK INFORMATION THEREOF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXERCISING, PROMOTING AND PROTECTING THE PRIVILEGES AND INTERESTS OF THE THE NORTHEAST SIDE OF THE CITY OF SYRACUSE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Wandersee Executive Director | Officer | 1 | $62,500 |
Jonathan Link Logan Board President | OfficerTrustee | 0 | $0 |
Christopher Bianchi Treasurer | OfficerTrustee | 0 | $0 |
Brenda Muhammad Co- Vice President | OfficerTrustee | 0 | $0 |
Glen Le Board Member | Trustee | 0 | $0 |
Elizabeth Wierbinski Board Engagement Cordinator | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $203,174 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,089 |
| Total Program Service Revenue | $36,138 |
| 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 | $259,227 |
| 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. | $62,500 |
| Compensation of current officers, directors, key employees. | $8,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,539 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,014 |
| Payroll taxes | $13,046 |
| 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 | $0 |
| Office expenses | $6,133 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,214 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $837 |
| Interest | $4,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,327 |
| Insurance | $4,765 |
| All other expenses | $5,632 |
| Total functional expenses | $270,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,583 |
| Savings and temporary cash investments | $90,430 |
| Pledges and grants receivable | $43,424 |
| Accounts receivable, net | $0 |
| 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 | $13,310 |
| Net Land, buildings, and equipment | $222,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $556,119 |
| Accounts payable and accrued expenses | $35,139 |
| Grants payable | $0 |
| Deferred revenue | $31,097 |
| 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 | $120,675 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $186,911 |
| Net assets without donor restrictions | $369,208 |
| 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 | $556,119 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nehda Inc has recieved totaling $24,388.
| Awarding Organization | Amount |
|---|---|
Central New York Community Foundation Inc Syracuse, NY PURPOSE: PROGRAM SUPPORT | $24,376 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Committee Of Cape Cod & Islands Inc Hyannis, MA | $2,759,831 | $21,367,135 |
Community Action Inc Haverhill, MA | $8,979,922 | $19,940,316 |
The Promesa Housing Development Fund Corporation Bronx, NY | $39,360,301 | $8,538,986 |
Spanish American Civic Association For Equality Inc Lancaster, PA | $3,870,631 | $8,827,092 |
Northwest Bronx Community And Clergy Coalition Inc Bronx, NY | $5,985,223 | $6,738,060 |
Pennsylvania Rural Electric Assoc Harrisburg, PA | $2,337,852 | $4,606,290 |
O D A Community Development Corp Brooklyn, NY | $670,721 | $3,199,814 |
Citizens Committee For New York City Inc New York, NY | $7,691,250 | $2,979,222 |
Pennsylvania Rural Water Assn Bellefonte, PA | $3,869,851 | $3,373,669 |
Warren-Hamilton Counties Action Committee For Economic Opportunity Glens Falls, NY | $823,409 | $2,609,574 |
Vital Communities Inc White River Junction, VT | $1,663,364 | $2,954,150 |
Polish American Citizens Association Of Cambridge Incorpora Danvers, MA | $0 | $0 |