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Nonprofiteer
← YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORPORATION

Form 990 for tax year 2024

Filed by YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORPORATION.

Totals

Total revenue
$8,142,417
Total expenses
$7,241,938
Contributions and grants received
$6,801,633
Grants paid
$0
Program service revenue
$29,405
Investment income
$215,958
Other revenue
$1,095,421
Total assets, end of year
$9,679,072
Total liabilities, end of year
$1,693,659
Net assets or fund balances, end of year
$7,985,413
Program services expenses (Part IX)
$6,683,755
Management and general expenses
$558,183
Fundraising expenses
$0
Program service expenses (Part III)
$6,683,755

Program services were 92.3% 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.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $5,829,317

  • 1f · All other contributions, gifts and grants

    $972,316

  • 2a · Program service revenue: PROGRAM INCOME

    total $29,405 · related or exempt $29,405

  • 3 · Investment income

    total $47,870 · excluded $47,870

  • 6a · Gross rents

    real property $474,629

  • 6b · Less rental expenses

    real property $347,059

  • 6c · Rental income or loss

    real property $127,570

  • 6d · Net rental income or loss

    total $127,570 · related or exempt $127,570

  • 7a · Gross sales of assets other than inventory

    other assets $315,875

  • 7b · Less cost or other basis and sales expenses

    other assets $147,787

  • 7c · Gain or loss

    other assets $168,088

  • 7d · Net gain or loss

    total $168,088 · related or exempt $168,088

  • 10a · Gross sales of inventory

    $933,385

  • 10c · Net income from sales of inventory

    total $933,385 · related or exempt $933,385

  • 11a · Other revenue: OTHER REVENUE

    total $34,466 · excluded $34,466

  • 11e · Other revenue, total

    $34,466

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $157,215 · management and general $157,215

  • 7 · Other salaries and wages

    total $1,271,362 · program services $1,208,994 · management and general $62,368

  • 8 · Pension plan contributions

    total $45,635 · program services $42,517 · management and general $3,118

  • 9 · Other employee benefits

    total $86,157 · program services $79,627 · management and general $6,530

  • 10 · Payroll taxes

    total $115,684 · program services $81,481 · management and general $34,203

  • 11b · Fees: legal

    total $4,657 · management and general $4,657

  • 11c · Fees: accounting

    total $55,263 · management and general $55,263

  • 12 · Advertising and promotion

    total $5,424 · management and general $5,424

  • 13 · Office expenses

    total $49,250 · program services $3,809 · management and general $45,441

  • 16 · Occupancy

    total $13,205 · program services $6,370 · management and general $6,835

  • 17 · Travel

    total $7,359 · program services $3,039 · management and general $4,320

  • 20 · Interest

    total $8,270 · management and general $8,270

  • 22 · Depreciation, depletion and amortization

    total $96,560 · management and general $96,560

  • 23 · Insurance

    total $130,217 · program services $105,393 · management and general $24,824

  • 24a · Other expenses: PROPERTY REHIBILITATION

    total $1,834,714 · program services $1,834,714

  • 24b · Other expenses: LIMITED REPAIR

    total $1,599,961 · program services $1,599,961

  • 24c · Other expenses: EMERGENCY REPAIR

    total $869,246 · program services $869,246

  • 24d · Other expenses: OTHER PROGRAM EXPENSES

    total $426,964 · program services $426,964

  • 24e · All other expenses

    total $464,795 · program services $421,640 · management and general $43,155

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,000,620 · end of year $1,108,029

  • 4 · Accounts receivable

    beginning of year $339,257 · end of year $492,074

  • 8 · Inventories for sale or use

    beginning of year $1,058,683 · end of year $2,929,095

  • 9 · Prepaid expenses and deferred charges

    beginning of year $39,281 · end of year $39,278

  • 10a · Land, buildings and equipment: cost or other basis

    $6,831,037

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,808,763

  • 10c · Land, buildings and equipment, net

    beginning of year $4,805,227 · end of year $5,022,274

  • 11 · Investments: publicly traded securities

    beginning of year $570,006 · end of year $66,681

  • 15 · Other assets

    beginning of year $32,011 · end of year $21,641

  • 17 · Accounts payable and accrued expenses

    beginning of year $198,677 · end of year $495,824

  • 23 · Secured mortgages and notes payable

    beginning of year $502,927 · end of year $1,137,895

  • 25 · Other liabilities

    beginning of year $59,046 · end of year $59,940

  • 27 · Net assets without donor restrictions

    beginning of year $6,345,192 · end of year $7,435,170

  • 28 · Net assets with donor restrictions

    beginning of year $739,243 · end of year $550,243

Mission and programs · 2024

Mission

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.

Activities or mission (Part I)

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.

  • 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.

    Expenses $6,683,755 · Revenue $29,405

  • 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.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ian Beniston

    EXECUTIVE DI

    Total calculated
    $157,215
    From this org
    $149,186
    From related orgs
    $0
    Other
    $8,029
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $149,186
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $8,029 related
    Filer's total
    $149,186 + $8,029 related

  • Marguerite Douglas

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Leigh Greene

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephen Avery

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Julius Bennett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rosetta Carter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Phil Kidd

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Debbi Grinstein

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Chris White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Juan Santiago

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Lisa Metzinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2025
IRS schema version
2024v5.0
Source object
202530929349300103

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

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