Neighboorhood Allies Inc
- Assets
- $18.2m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 22
- Location
- Pittsburgh, PA
- Founding
- 11/1988
- Data as of
- 12/2021
- EIN
- 25-1578436
Organization Overview
Neighboorhood Allies Inc, operating under the name Neighborhood Allies, is located in Pittsburgh, PA. The organization was established in 1988. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Neighborhood Allies employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Allies 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, Neighborhood Allies generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 17.2% 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.
Since 2016, Neighborhood Allies has awarded 168 individual grants totaling $6,924,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.NEIGHBORHOOD ALLIES IS DEDICATED TO HELPING COMMUNITY RESIDENTS, ORGANIZATIONS AND PARTNERS TRANSFORM DISTRESSED NEIGHBORHOODS INTO HEALTHY AND SUSTAINABLE COMMUNITIES OF CHOICE AND OPPORTUNITY BY IMPROVING THEIR SOCIAL AND PHYSICAL INFRASTRUCTURE. THIS IS DONE BY CREATING COMMUNITY PARTNERSHIPS, CONNECTING DISTRESSED AND TRANSITIONING COMMUNITIES WITH VALUED AND VETTED RESOURCED, AND COMMUNICATING AND CELEBRATING PROGRESS AND SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL ESTATE ACCELERATOR: THE GOAL OF THIS PROGRAM IS TO REVITALIZE NEIGHBORHOODS BY CO-CREATING REAL ESTATE SOLUTIONS THAT ARE RESIDENT FOCUSED AND IMPACT AFFORDABLE HOUSING, SMALL BUSINESSES, AND PLACEMAKING EFFORTS. THROUGH THIS PROGRAM WE PROVIDE CAPITAL, TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND CONNECTIONS WITH EXPERIENCED REAL-ESTATE PROFESSIONALS WHO CAN ASSIST WITH STRATEGY, COORDINATION, MENTORSHIP AND COACHING. THE ACCELERATOR FOCUSES ON COMMUNITY-BASED ORGANIZATIONS, RESIDENT DEVELOPERS, AND SMALL BUSINESS OWNERS WITH THE GOAL OF CREATING MORE OPPORTUNITIES FOR COMMUNITY OWNERSHIP IN BLACK AND BROWN COMMUNITIES, AS WELL AS A PIPELINE OF INVESTABLE PROJECTS.
RISE HIGH GRANT PARTNERSHIP PROGRAM: THIS PROGRAM PROVIDES GRANTS OF $1,000 TO $75,000 TO COMMUNITY-BASED ORGANIZATIONS, NONPROFITS, AND COLLABORATIVES TO SUPPORT THE EQUITABLE AND INCLUSIVE REVITALIZATION OF OUR COMMUNITIES THROUGH TRUST-BASED PARTNERSHIPS. THE PROGRAM IS OPEN TO NONPROFIT ORGANIZATIONS AND PARTNERSHIPS SERVING LOW-TO-MODERATE INCOME POPULATIONS IN THE PITTSBURGH AREA BUT PRIORITIZED FOR OUR GEOGRAPHIES OF FOCUS.
VERIZON COMMUNITY INITIATIVE: THE VERIZON INITIATIVE WORKS PARALLEL WITH OUR DIGITAL INCLUSION PROGRAM IN THAT IT'S FUNDING PURPOSE IS TO BUILD DIGITAL INCLUSION CENTERS IN UNDER-RESOURCED NEIGHBORHOODS THAT WILL BE DEDICATED TO PROVIDING COMPUTER LITERACY PROGRAMS AND EDUCATIONAL OPPORTUNITIES TO ASSIST RESIDENTS IN ACHIEVING A HIGHER QUALITY OF LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Presley Gillespie President | Officer | 50 | $189,570 |
Matt Madia Director Of Real Estate | 50 | $123,280 | |
Stephanie Chernay Cheif Operating Officer | Officer | 50 | $121,986 |
Sallyann Kluz Chairperson | OfficerTrustee | 1 | $0 |
Carolina Pais-Barreto Thor Vice Chair | OfficerTrustee | 1 | $0 |
David Serafini Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $212,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,111,786 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,323,786 |
| Total Program Service Revenue | $469,890 |
| Investment income | $184,239 |
| 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 | $5,002,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,323,461 |
| 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. | $184,061 |
| Compensation of current officers, directors, key employees. | $55,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,394,865 |
| Pension plan accruals and contributions | $108,214 |
| Other employee benefits | $265,353 |
| Payroll taxes | $118,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,103 |
| Advertising and promotion | $3,668 |
| Office expenses | $22,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,816 |
| Travel | $9,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,806 |
| Insurance | $22,534 |
| All other expenses | $34,296 |
| Total functional expenses | $5,045,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,413,111 |
| Pledges and grants receivable | $790,118 |
| Accounts receivable, net | $12,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,433 |
| Net Land, buildings, and equipment | $6,767 |
| Investments—publicly traded securities | $9,670,922 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,733 |
| Total assets | $18,216,384 |
| Accounts payable and accrued expenses | $138,163 |
| Grants payable | $123,750 |
| 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 | $0 |
| Total liabilities | $261,913 |
| Net assets without donor restrictions | $1,100,777 |
| Net assets with donor restrictions | $16,853,694 |
| 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 | $18,216,384 |
Grants Awarded
Over the last fiscal year, Neighboorhood Allies Inc has awarded $661,275 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $75,000 |
COMMUNITY EMPOWERMENT ASSOCIATION PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $75,000 |
HILL DISTRICT FCU PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $75,000 |
Wilkinsburg, PA PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $75,000 |
Pittsburgh, PA PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $75,000 |
Pittsburgh, PA PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Neighboorhood Allies Inc has recieved totaling $2,973,183.
| Awarding Organization | Amount |
|---|---|
Hillman Family Foundations Pittsburgh, PA PURPOSE: WORKING CAPITAL FOR LONG-TERM SUSTAINABILITY | $350,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO ASSIST PITTSBURGH-BASED BLACK REAL ESTATE DEVELOPERS ADVANCE PROJECTS BY PROVIDING CREDIT ENHANCEMENT | $300,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO ASSIST PITTSBURGH-BASED BLACK REAL ESTATE DEVELOPERS ADVANCE PROJECTS BY PROVIDING CREDIT ENHANCEMENT | $300,000 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: LEVELS REHABILITATION OF HOMES FOR RESALE IN MCKEES ROCKS | $250,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO IMPLEMENT A STRATEGIC PLAN TO SUPPORT HUMAN CAPITAL MANAGEMENT AND BUILD INTERNAL CAPACITY | $250,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO IMPLEMENT A STRATEGIC PLAN TO SUPPORT HUMAN CAPITAL MANAGEMENT AND BUILD INTERNAL CAPACITY | $250,000 |
Endowment Analysis
| Beg. Balance | $8,979,001 |
| Earnings | $1,192,090 |
| Admin Expense | $51,220 |
| Other Expense | $448,949 |
| Ending Balance | $9,670,922 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Economic Opportunity Council Of Suffolk Inc Patchogue, NY | $6,210,341 | $18,971,000 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Integrated Community Alternatives Network Inc Utica, NY | $14,279,832 | $19,265,883 |
Northern Manhattan Improvement Corp New York, NY | $8,451,430 | $18,004,122 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
Pennreach Allentown, NJ | $5,187,786 | $15,924,501 |
Chautauqua Opportunities Inc Dunkirk, NY | $6,065,142 | $15,802,051 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Commission On Economic Opportunity For The Rensselaer County Area Inc Troy, NY | $18,234,515 | $14,616,169 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Phipps Neighborhoods Inc New York, NY | $46,342,034 | $30,198,997 |