Living Cities Inc The National Community Development Initiative
- Assets
- $53.6m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 38
- Location
- Washington, DC
- Founding
- 03/2002
- Data as of
- 06/2021
- EIN
- 26-0003950
Organization Overview
Living Cities Inc The National Community Development Initiative, operating under the name Living Cities, is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Living Cities employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Cities 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 06/2021, Living Cities generated $12.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $10.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Living Cities has awarded 162 individual grants totaling $17,294,666. 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
LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLOSING THE GAPS NETWORK - THE CLOSING THE GAPS NETWORK IS A PROGRAMMATIC AREA CONSISTING OF THREE SUB INITIATIVES, WHICH ARE PRACTICE AREAS, STRATEGY AREA, AND FIELD BUILDING AND SECTORAL CHANGE. THE CLOSING THE GAPS NETWORK ACKNOWLEDGES THAT THROUGH POLICIES, LAWS, AND PRACTICES THAT CONFERRED ADVANTAGES AND DISADVANTAGES ALONG RACIAL LINES, GOVERNMENT HAS PLAYED A LARGE ROLE IN CREATING AND MAINTAINING INEQUITIES THAT HAVE LED TO RACIAL INCOME AND WEALTH GAPS. GOVERNMENT CAN PLAY AN OUTSIZED ROLE IN ADDRESSING THEM. THE NETWORK BRINGS TOGETHER LOCAL GOVERNMENT LEADERS FROM UP TO 30 CITIES FROM ACROSS THE COUNTRY WHO ARE COMMITTED TO IMAGINING WHAT AN ANTIRACIST SOCIETY MIGHT LOOK LIKE, AND TO PLAYING AN IMPORTANT ROLE IN BUILDING IT THROUGH TRANSFORMING GOVERNMENT POLICIES, PRACTICES, AND OPERATIONS.
CAPITAL FOR THE NEW MAJORITY - ACCORDING TO EXISTING DATA TO BETTER UNDERSTAND THE SCALE OF THE RACIAL INCOME AND WEALTH GAPS, CAPITAL IS NOT DISTRIBUTED EQUITABLY. IN A COUNTRY UNDERGOING RAPID DEMOGRAPHIC SHIFTS, ADDRESSING SYSTEMIC RACIAL DISPARITIES IS PARAMOUNT. THIS PROJECT WILL IDENTIFY OPPORTUNITIES TO SHIFT POWER WITHIN THE CAPITAL SYSTEMS AND ACHIEVE BETTER OUTCOMES FOR ALL PEOPLE LIVING IN U.S. CITIES. CAPITAL FOR THE NEW MAJORITY WILL EXPLORE THE CREATION OF A HYBRID EQUITY FUND THAT ADDRESSES THE CAPITAL NEEDS OF FUND MANAGERS OF COLOR, EXAMINE WAYS TO LEVEL THE PLAYING FIELD FOR WEALTH BUILDING, AND LEVERAGE RELATIONSHIPS TO PROMOTE THE DEVELOPMENT OF A COMMUNITY PRACTICE THAT CHANNELS CAPITAL INTO THE HANDS OF FOUNDERS AND FUND MANAGERS OF COLOR.
LEARNING, STORYTELLING AND RESULTS - BY OPEN SOURCING SOCIAL CHANGE, LIVING CITIES WORKS AT THE INTERSECTION OF LEARNING, INFORMATION, STORY AND TECHNOLOGY TO BRING PEOPLE AND RESOURCES TOGETHER. LEARNING, STORYTELLING AND RESULTS EXPLORES WAYS IN WHICH DATA AND LEARNING STORIES CAN BE GATHERED, ANALYZED AND USED IN DECISION-MAKING FOR COLLECTIVE IMPACT INITIATIVES. THIS PROJECT DISSEMINATES VARIOUS TOOLS AND RESOURCES IN AN EFFORT TO DEEPEN AND ACCELERATE PROMISING SOLUTIONS TO CLOSING RACIAL INCOME AND WEALTH GAPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Hecht President & CEO | Officer | 40 | $451,270 |
Demetric Duckett Managing Director, Capital | 40 | $209,273 | |
Janay Queen Nazaire Chief Strategy Officer | Officer | 40 | $200,266 |
Nadia Owusu Associate Director | 40 | $170,480 | |
Elizabeth Reynoso Associate Director | 40 | $167,964 | |
Julie Bosland Associate Director | 40 | $166,177 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1040 Avenue Of The Americas Llc Rent | 6/29/21 | $223,566 |
Jbg Smith Properties Rent | 6/29/21 | $239,316 |
Patterson Belknap Webb & Tyler Llp Legal Services | 6/29/21 | $195,084 |
Erepublic Publications & Promotion | 6/29/21 | $163,500 |
Ghost Note Agency Website Development & Maintenance | 6/29/21 | $165,175 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,502,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,502,778 |
| Total Program Service Revenue | $0 |
| Investment income | $650,741 |
| 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 | $12,463,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,406,502 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $60,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,308,104 |
| Compensation of current officers, directors, key employees. | $770,449 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,044,307 |
| Pension plan accruals and contributions | $296,162 |
| Other employee benefits | $409,171 |
| Payroll taxes | $302,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $322,236 |
| Fees for services: Accounting | $64,778 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,660,065 |
| Advertising and promotion | $14,186 |
| Office expenses | $8,453 |
| Information technology | $166,002 |
| Royalties | $0 |
| Occupancy | $505,148 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,962 |
| Interest | $644,749 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,469 |
| Insurance | $37,441 |
| All other expenses | $12,501 |
| Total functional expenses | $10,855,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,805,131 |
| Savings and temporary cash investments | $2,017,731 |
| Pledges and grants receivable | $14,199,136 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,932,200 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $126,617 |
| Net Land, buildings, and equipment | $136,226 |
| Investments—publicly traded securities | $4,520,352 |
| Investments—other securities | $0 |
| Investments—program-related | $2,794,091 |
| Intangible assets | $0 |
| Other assets | $81,467 |
| Total assets | $53,612,951 |
| Accounts payable and accrued expenses | $526,156 |
| Grants payable | $182,311 |
| 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 | $24,409,108 |
| Other liabilities | $110,859 |
| Total liabilities | $25,228,434 |
| Net assets without donor restrictions | $9,824,410 |
| Net assets with donor restrictions | $18,560,107 |
| 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 | $53,612,951 |
Grants Awarded
Over the last fiscal year, Living Cities Inc The National Community Development Initiative has awarded $1,372,193 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOOL READINESS CONSULTING LLC PURPOSE: PROJECT TO LIFT BLPOC VOICES IN THE EARLY CHILDHOOD FIELD, AND BUILD AWARENESS, KNOWLEDGE SKILL AND CAPACITY TO ADDRESS RACIAL INEQUITY IN SYSTEMS. | $863,693 |
CITY OF ALBEQUERQUE PURPOSE: THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | $75,000 |
CITY OF ROCHESTER PURPOSE: THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | $75,000 |
CITY OF MINNEAPOLIS PURPOSE: THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | $75,000 |
CITY OF AUSTIN PURPOSE: THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | $75,000 |
CITY OF ST PAUL PURPOSE: THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Living Cities Inc The National Community Development Initiative has recieved totaling $7,135,635.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: RESEARCH AND LEARNING OPPORTUNITIES | $1,000,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,000,000 |
The Jpb Foundation New York, NY PURPOSE: DRIVING SECTORAL CHANGE IN THE PUBLIC SECTOR AND PHILANTHROPY TO CLOSE RACIAL GAPS THROUGH THE CLOSING THE GAPS NETWORK. | $1,000,000 |
The Jpb Foundation New York, NY PURPOSE: DRIVING SECTORAL CHANGE IN THE PUBLIC SECTOR AND PHILANTHROPY TO CLOSE RACIAL GAPS THROUGH THE CLOSING THE GAPS NETWORK. | $1,000,000 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF ITS CLOSING THE GAPS ACCELERATOR PROJECT, A COMMUNITY OF PRACTICE FOR 30 CITIES TO ADDRESS SYSTEMIC INEQUITIES AND CLOSE INCOME AND WEALTH GAPS, AND IN GENERAL SUPPORT OF ITS MISSION TO ADVANCE OPPORTUNITY AND PROSPERITY IN U.S. CITIES AND THEIR LOW-INCOME POPULATIONS | $750,000 |
Kresge Foundation Troy, MI PURPOSE: GENERAL OPERATING SUPPORT FOR LIVING CITIES DURING THE FY 2020-2022 FUNDING ROUND. | $750,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Public Health Innovation Washington, DC | $10,715,443 | $42,825,789 |
Living Cities Inc The National Community Development Initiative Washington, DC | $53,612,951 | $12,463,334 |
Respectability Rockville, MD | $5,368,884 | $3,667,866 |
Hunter Lewis Foundation Edinburg, VA | $11,546,934 | $10,116 |
Ride With Us Inc Westminster, MD | $1,213,899 | $1,484,095 |
Kingdom Fellowship Community Development Corporation Silver Spring, MD | $954,778 | $1,971,532 |
The International Youth Alliance For Family Planning Washington, DC | $290,084 | $811,876 |
Together We Bake Alexandria, VA | $1,032,455 | $965,473 |
Sat Nam Foundation Inc Purcellville, VA | $308,865 | $135,193 |
Communities Together Inc Bethesda, MD | $460,659 | $614,871 |
Polaris Foundation Inc Great Falls, VA | $257,965 | $595,850 |
Baltimore Hunger Project Llc Baltimore, MD | $1,395,962 | $903,312 |