Neighborhood Solidarity Fund
- Assets
- $1.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 7
- Location
- St Louis, MO
- Founding
- Data as of
- 06/2023
- EIN
- 87-4704695
Organization Overview
Neighborhood Solidarity Fund, operating under the name Invest Stl, is located in St Louis, MO. 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 06/2023, Invest Stl employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Invest Stl is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INVEST STL FACILITATES INVESTMENT IN THE POWER OF PEOPLE AND THEIR NEIGHBORHOODS TO DEVELOP COMMUNITIES OF JUSTICE AND OPPORTUNITY IN PLACES THAT CONTINUE TO ENDURE THE LEGACY OF SYSTEMIC ANTI-BLACK RACISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEIGHBORHOOD SOLIDARITY FUND IS THE ORGANIZATION'S DIRECT INVESTMENT IN NEIGHBORHOODS.
SYSTEMS INVESTMENTS - INVESTING IN LOCAL COMMUNITY AND ECONOMIC DEVELOPMENT SYSTEMS
POLICY PILOTING IS THE ORGANIZATION'S INVESTMENT IN CONVENING THOUGHT LEADERSHIP AND TESTING INNOVATIVE IDEAS TO INFLUENCE POLICIES AND DECISION MAKING.
NARRATIVE REFRAMING - REFRAMING NARRATIVES TO SHIFT OUR COLLECTIVE UNDERSTANDING AND AWARENESS OF ST. LOUIS RESIDENTS AND NEIGHBORHOODS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dara K Eskridge CEO | Officer | 40 | $158,351 |
Nicole Hudson Director | Trustee | $0 | |
Ryan Rippel Director | Trustee | $0 | |
Blake Strode Director | Trustee | $0 | |
Karishma Furtado Secretary | Officer | $0 | |
Loura Gilbert Treasurer | Officer | $0 |
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 | $2,417,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,417,920 |
| Total Program Service Revenue | $0 |
| Investment income | $1,817 |
| 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 | $2,419,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,000 |
| 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. | $158,750 |
| Compensation of current officers, directors, key employees. | $127,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $365,853 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,896 |
| Payroll taxes | $47,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,981 |
| Fees for services: Accounting | $18,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $213,335 |
| Advertising and promotion | $1,333 |
| Office expenses | $19,661 |
| Information technology | $23,314 |
| Royalties | $0 |
| Occupancy | $63,334 |
| Travel | $5,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,664 |
| Total functional expenses | $1,141,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,595 |
| Savings and temporary cash investments | $1,060,750 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,286,345 |
| Accounts payable and accrued expenses | $7,978 |
| 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 | $0 |
| Total liabilities | $7,978 |
| Net assets without donor restrictions | $1,278,367 |
| Net assets with donor restrictions | $0 |
| 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 | $1,286,345 |