Form 990 for tax year 2023

Totals

Total revenue

$3,139,337

Total expenses

$2,741,474

Contributions and grants received

$2,635,121

Grants paid

$1,175,949

Program service revenue

$0

Investment income

$18,990

Other revenue

$485,226

Total assets, end of year

$6,701,242

Total liabilities, end of year

$4,999,761

Net assets or fund balances, end of year

$1,701,481

Program services expenses (Part IX)

$2,448,592

Management and general expenses

$211,838

Fundraising expenses

$81,044

Program service expenses (Part III)

$2,448,592

Program services were 89.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• BALTIMORE CITY AND THE STATE OF MARYLAND CALL ON HEALTHY NEIGHBORHOODS TO MANAGE THE INVESTMENT OF PUBLIC FUNDS TO SUPPORT COMMUNITY DEVELOPMENT IN CITY NEIGHBORHOODS. THE EXAMPLES ARE THE ONE MILE RADIUS FUNDS ("OMR")AND THE BALTIMORE REGIONAL NEIGHBORHOODS INITIATIVE ("BRNI"). OMR FUNDS DERIVE FROM A TAX ON VIDEO LOTTERY ("SLOTS") MACHINES TO BE USED TO IMPROVE NEIGHBORHOODS WITHIN ONE MILE OF PIMLICO RACE COURSE. EACH YEAR THE CITY GRANTS TO HNI A SUM OF MONEY WHICH HNI REGRANTS TO NEIGHBORHOOD BASED NONPROFITS. THE PROJECTS ARE VERY DIVERSE: LITTLE LEAGUE ATHLETICS, RENOVATION OF AN ABANDONED MOVIE THEATER INTO A COMMUNITY ARTS CENTER, HOMELESS SERVICES, HOUSING DEVELOPMENT. TO DATE $4.2 MILLION HAS BEEN INVESTED. THE BRNI PROGRAM IS ANOTHER STATE COMMUNITY DEVELOPMENT PROGRAM FOR WHICH HNI IS THE LEAD ORGANIZATION IN THE LIBERTY WABASH NEIGHBORHOODS AND RESERVOIR HILL. FUNDS HAVE BEEN USED FOR PUBLIC INFRASTRUCTURE, HOUSING DEVELOPMENT, A COMMUNITY FARM. A TOTAL OF $3.7 MILLION HAS BEEN INVESTED.

  Expenses $114,935 · Grants $99,320 · Revenue $223,320

• HEALTHY NEIGHBORHOODS SUPPORTS BALTIMORE CITY'S MIDDLE NEIGHBORHOODS BY IMPROVING HOME VALUES BEYOND APPRAISED VALUE, BUILDING HOMEOWNER EQUITY, PROVIDING CONCESSIONARY FINANCING FOR ACQUISITION/REHAB, REFINANCE/REHAB AND HOME IMPROVEMENT. HEALTHY NEIGHBORHOODS SUPPORT NEIGHBORHOOD ORGANIZATIONS TO ORGANIZE AROUND COMMUNITY ASSETS AND POSITIVE ASSET DRIVEN MARKETING STRATEGIES. HEALTHY NEIGHBORHOODS IS ACTIVE IN 46 BALTIMORE CITY NEIGHBORHOODS. THE HEALTHY NEIGHBORHOODS LOAN PROGRAM HAS RAISED $105 MILLION OF DEBT FROM BANKS WHICH HAS FINANCED THE IMPROVEMENT OF MORE THAN 780 HOMES. IT HAS USED THE PROCEEDS OF A FEDERAL NEIGHBORHOOD STABILIZATION PROGRAM GRANT TO INVEST $44 MILLION TO RENOVATE 201 FORECLOSED AND ABANDONED HOUSES.

  Expenses $325,661 · Grants $325,661

• HEALTHY NEIGHBORHOODS HAS USED IT CAPACITY TO MANAGE REHABILITATION OF OLDER BUILDINGS IN BALTIMORE CITY TO IMPROVE SERVICES TO LOW INCOME CITIZENS. LOCAL AND STATE GOVERNMENT AND FOUNDATIONS REQUESTED HEALTHY NEIGHBORHOODS TO IDENTIFY NONPROFIT OWNED BUILDINGS THAT PROVIDED SERVICES TO THE POOR AND MANAGE INVESTMENT OF CUSTOMER INVESTMENT FUNDS COLLECTED FROM EXELON TO MAKE ENERGY SAVING IMPROVEMENTS. EACH PROJECT RECEIVED AN ENERGY AUDIT TO DETERMINE THE SAVINGS OF PROPOSED IMPROVEMENTS. HEALTHY NEIGHBORHOODS SELECTS CONTRACTORS AND OVERSEES AND INSPECTS THE WORK IN PLACE. MORE THAN 150 BUILDINGS, SCHOOLS, CHURCHES, NONPROFITS OFFICES, PERFORMING ARTS CENTERS HAVE BENEFITTED FROM MORE THAN $10 MILLION OF INVESTMENT.

  Expenses $1,827,503 · Grants $680,334 · Revenue $1,994,801

• MATCHING LOANS & OTHER GRANTS

  Expenses $180,493 · Grants $70,634 · Revenue $417,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• HERITAGE CROSSING RESIDENT ASSOCIATION

  $89,000

  BRNI

• BELAIR-EDISON NEIGHBORHOODS INC

  $43,000

  CITY

• HAMILTON LAURAVILLE

  $42,700

  CITY

• RESERVOIR HILL IMPROVEMENT COUNCIL

  $42,000

  CITY

• GARWYN OAKSNORTHWEST HOUSING RESOURCE

  $41,473

  CITY

• COMPREHENSIVE HOUSING ASSISTANCE INC

  $40,000

  CITY

• COLDSTREAM HOMESTEAD MONTEBELLO COMMUNITY

  $40,000

  CITY

• JUBILEE BALTIMORE INC

  $40,000

  CITY

• NEIGHBORHOOD HOUSING SERVICES

  $40,000

  CITY

• SOUTHEAST COMMUNITY DEVELOPMENT CORP

  $40,000

  CITY

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2023

Filed

4 September 2024

IRS schema version

2023v5.1

Source object

202422769349300347

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.