Youngstown Neighborhood Development Corporation

Organization Overview

Youngstown Neighborhood Development Corporation is located in Youngstown, OH. The organization was established in 2010. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Youngstown Neighborhood Development Corporation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youngstown Neighborhood 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 12/2022, Youngstown Neighborhood Development Corporation generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 11.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORPORATION (YNDC) IS A MULTIFACETED NEIGHBORHOOD DEVELOPMENT ORGANIZATION LAUNCHED IN 2009 IN PARTNERSHIP WITH THE CITY OF YOUNGSTOWN AND THE RAYMOND JOHN WEAN FOUNDATION TO CATALYZE STRATEGIC NEIGHBORHOOD REINVESTMENT IN NEIGHBORHOODS THROUGHOUT THE CITY. YNDC WORKS TO TRANSFORM NEIGHBORHOODS INTO MEANINGFUL PLACES WHERE PEOPLE INVEST TIME, MONEY AND ENERGY INTO THEIR HOMES AND NEIGHBORHOODS; WHERE NEIGHBORS HAVE THE CAPACITY TO MANAGE DAY-TO-DAY ISSUES; AND WHERE NEIGHBORS FEEL CONFIDENT ABOUT THE FUTURE OF THEIR NEIGHBORHOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORPORATION (YNDC) IS A CITYWIDE MULTIFACETED NEIGHBORHOOD DEVELOPMENT ORGANIZATION LAUNCHED TO CATALYZE STRATEGIC REINVESTMENT IN NEIGHBORHOODS THROUGHOUT THE CITY OF YOUNGSTOWN. THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE QUALITY OF LIFE IN YOUNGSTOWN BY BUILDING AND ENCOURAGING INVESTMENT IN NEIGHBORHOODS OF CHOICE FOR ALL.


THE YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORPORATION (YNDC) IS A CITYWIDE MULTIFACETED NEIGHBORHOOD DEVELOPMENT ORGANIZATION LAUNCHED TO CATALYZE STRATEGIC NEIGHBORHOOD REINVESTMENT IN NEIGHBORHOODS THROUGHOUT THE CITY OF YOUNGSTOWN. THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE QUALITY OF LIFE IN YOUNGSTOWN BY BUILDING AND ENCOURAGING INVESTMENT IN NEIGHBORHOODS OF CHOICE FOR ALL.


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Board, Officers & Key Employees

Name (title)Compensation
Ian Beniston
Executive Di
$129,039
Marguerite Douglas
Vice Preside
$0
Dollaine Holmes
President
$0
Debbi Grinstein
Treasurer
$0
Mary Danus
Secretary
$0
Thomas Hull
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,374,758
All other contributions, gifts, grants, and similar amounts not included above$1,515,921
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,890,679
Total Program Service Revenue$149,843
Investment income $2,022
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $60,073
Net Gain/Loss on Asset Sales $5,491
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $825,519
Miscellaneous Revenue$0
Total Revenue $5,990,500

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Youngstown Neighborhood Development Corporation has recieved totaling $20,000.

Awarding OrganizationAmount
Senator Maurice And Florence Lipscher Charitable Fund

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$10,000
Aimee & Lulu Seidel Memorial Tr

Youngstown, OH

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

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