Center For Neighborhood Technology
- Assets
- $4.2m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 21
- Location
- Chicago, IL
- Founding
- 12/1978
- Data as of
- 12/2023
- EIN
- 36-2967283
Organization Overview
Center For Neighborhood Technology is located in Chicago, IL. The organization was established in 1978. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Center For Neighborhood Technology employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Neighborhood Technology 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 12/2023, Center For Neighborhood Technology generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $4.6m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 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 2022, Center For Neighborhood Technology has awarded 13 individual grants totaling $455,154. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE MORE EQUITABLE, SUSTAINABLE, AND RESILIENT URBAN COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WATER PROGRAM PROMOTES POLICIES AND IMPLEMENTS PROGRAMS THAT ALLEVIATE DAMAGE FROM URBAN FLOODING; ENCOURAGES THE ADOPTION OF GREEN INFRASTRUCTURE TO MANAGE STORMWATER AND IMPROVE COMMUNITIES; REDUCES WASTE IN WATER USE; AND PROTECTS REGIONAL WATER RESOURCES.
MISCELLANEOUS REVENUE INCLUDING HONORARIUMS AND EXPENSE REIMBURSEMENT.
THE SUSTAINABLE STRATEGIES AND URBAN ANALYTICS PROGRAM PROVIDES EVIDENCE-BASED TOOLS, ANALYSIS, AND STRATEGIES TO HELP CITIES DEVELOP AND MANAGE SOLUTIONS THAT PROMOTE SUSTAINABILITY AND EQUITY.
THE TRANSPORTATION AND COMMUNITY DEVELOPMENT PROGRAM PROMOTES THE CREATION OF AFFORDABLE AND LIVABLE COMMUNITIES THAT MINIMIZE THE NEED FOR CARS; EFFICIENT, AFFORDABLE, AND ACCESSIBLE PUBLIC TRANSPORTATION SYSTEMS; AND ECONOMIC DEVELOPMENT THAT TAKES FULL ADVANTAGE OF PASSENGER AND FREIGHT RAIL ASSETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret O'dell Chair | OfficerTrustee | 0.5 | $0 |
Bennett Johnson III Vice Chair | OfficerTrustee | 0.5 | $0 |
Jeremy Liu Secretary | OfficerTrustee | 0.5 | $0 |
Louis Rosenthal Treasurer | OfficerTrustee | 0.5 | $0 |
Ann P Kalayil Director | Trustee | 0.5 | $0 |
Bo Kemp Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,656,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,358,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,015,350 |
| Total Program Service Revenue | $304,435 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $81,600 |
| 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 | $5,436,922 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,200 |
| 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. | $186,150 |
| Compensation of current officers, directors, key employees. | $34,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,527,467 |
| Pension plan accruals and contributions | $151,100 |
| Other employee benefits | $94,079 |
| Payroll taxes | $164,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $57,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,695,254 |
| Advertising and promotion | $1,573 |
| Office expenses | $14,113 |
| Information technology | $47,470 |
| Royalties | $0 |
| Occupancy | $12,402 |
| Travel | $16,412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,648 |
| Insurance | $38,775 |
| All other expenses | $12,977 |
| Total functional expenses | $4,639,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000,000 |
| Savings and temporary cash investments | $713,333 |
| Pledges and grants receivable | $1,048,746 |
| Accounts receivable, net | $103,921 |
| 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 | $45,474 |
| Net Land, buildings, and equipment | $25,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $298,986 |
| Total assets | $4,235,827 |
| Accounts payable and accrued expenses | $313,341 |
| Grants payable | $0 |
| 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 | $653,724 |
| Total liabilities | $967,065 |
| Net assets without donor restrictions | $869,046 |
| Net assets with donor restrictions | $2,399,716 |
| 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 | $4,235,827 |
Grants Awarded
Over the last fiscal year, Center For Neighborhood Technology has awarded $350,200 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BICYCLE COLORADO PURPOSE: 1389 | $10,000 |
PROPEL ATC PURPOSE: 1389 | $10,000 |
NATIONAL ASSOCIATION OF TRANSPORTATION OFFICIALS INC PURPOSE: 1389 | $30,000 |
NEIGHBORS FOR ENVIRONMENTAL JUSTICE PURPOSE: Misc | $45,000 |
LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION PURPOSE: Misc and 1780 | $90,000 |
PEOPLE FOR COMMUNITY RECOVERY PURPOSE: Misc | $45,000 |