Near Northwest Neighborhood Inc
- Assets
- $1.5m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- South Bend, IN
- Founding
- 05/1979
- Data as of
- 12/2021
- EIN
- 23-7414729
Organization Overview
Near Northwest Neighborhood Inc is located in South Bend, IN. The organization was established in 1979. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Near Northwest Neighborhood Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Near Northwest Neighborhood 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 12/2021, Near Northwest Neighborhood Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $759.3k during the year ending 12/2021. While expenses have increased by 1.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE PHYSICAL, SOCIAL AND ECONOMIC ENVIRONMENT OF THE NEAR NORTH-WEST SECTION OF THE CITY OF SOUTH BEND, INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVITALIZATION-REHABILITATION OF HOUSING IN THE NEIGHBORHOOD THROUGH PURCHASE & RENOVATION ASSISTANCE TO PRIVATE INDIVIDUALS IN NEED OFTHESE SERVICES.
THE LOCAL CUP, LLC WAS FORMED AS A WHOLLY-OWNED SUBSIDIARY OF NNN TO ADVANCE THE PURPOSES OF NNN TO STRENGTHEN NEIGHBORLY RELATIONS IN THE NEAR NORTHWEST NEIGHBORHOOD OF SOUTH BEND, INDIANA. THE LOCAL CUP IS A DONATION BASED VOLUNTEER MANAGED COFFEE SHOP.
RENTAL ASSISTANCE TO INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Schuth Executive Director | Officer | 40 | $73,852 |
Twila Newbill Secretary | OfficerTrustee | 1 | $0 |
Mark Gould Treasurer | OfficerTrustee | 1 | $0 |
Clark Glover President | OfficerTrustee | 1 | $0 |
Michael Hebbeler Vice President | OfficerTrustee | 1 | $0 |
Brittney Jennings Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Provision Construction Construction Service | 12/30/21 | $381,651 |
Mantle Construction Llc Construction Service | 12/30/21 | $185,505 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $877,164 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,006,916 |
| Total Program Service Revenue | $62,571 |
| Investment income | $2,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,452 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,047,471 |
| 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. | $73,853 |
| Compensation of current officers, directors, key employees. | $18,463 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,194 |
| Advertising and promotion | $0 |
| Office expenses | $16,647 |
| Information technology | $5,400 |
| Royalties | $0 |
| Occupancy | $33,081 |
| Travel | $800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $525 |
| Interest | $5,334 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,435 |
| Insurance | $12,166 |
| All other expenses | $14,536 |
| Total functional expenses | $759,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $107,565 |
| Pledges and grants receivable | $85,534 |
| 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 | $18,930 |
| Net Land, buildings, and equipment | $927,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $353,751 |
| Total assets | $1,492,786 |
| Accounts payable and accrued expenses | $17,616 |
| Grants payable | $10,031 |
| 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 | $142,001 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $169,648 |
| Net assets without donor restrictions | $1,268,263 |
| Net assets with donor restrictions | $54,875 |
| 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 | $1,492,786 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Near Northwest Neighborhood Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
United Way Of St Joseph County Inc South Bend, IN PURPOSE: Neighborhood improvement | $10,000 |
Memorial Hospital Of South Bend South Bend, IN PURPOSE: PROJECT SPONSORSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Logan Square Neighborhood Assoc Inc Chicago, IL | $4,271,823 | $6,062,511 |
Neighborhood House Association Peoria, IL | $3,122,062 | $3,181,634 |
Concord Center Association Inc Indianapolis, IN | $8,705,085 | $3,788,205 |
Foxcliff Estates Community Association Inc Martinsville, IN | $366,104 | $735,698 |
Owl Creek Community Association Inc Louisville, KY | $2,501,043 | $840,293 |
Parkview Gardens Association St Louis, MO | $5,528,177 | $842,875 |
Community Associations Institute Schaumburg, IL | $1,211,478 | $799,025 |
Near Northwest Neighborhood Inc South Bend, IN | $1,492,786 | $1,047,471 |
Lincoln-Central Neighborhood Family Center Inc Columbus, IN | $940,986 | $810,266 |
Sherman Park Community Association Inc Milwaukee, WI | $131,584 | $320,232 |
Wolf Creek Community Association Inc Louisville, KY | $902,640 | $348,656 |
Kennedy Heights Neighborhood Association Inc Madison, WI | $307,972 | $387,589 |