Form 990 for tax year 2024
Filed by NEIGHBORHOOD INITIATIVES DEVELOPMENT CORPORATION.
What the amendment changed
Compared with the return it replaced , filed 12 May 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $4,488,345 changed to $4,471,493
- Total expenses
- $4,520,347 changed to $4,484,904
- Contributions and grants received
- $3,646,434 changed to $3,875,417
- Program service revenue
- $741,652 changed to $495,817
- Total assets, end of year
- $3,291,577 changed to $3,273,280
- Total liabilities, end of year
- $1,540,202 changed to $1,503,314
- Net assets or fund balances, end of year
- $1,751,375 changed to $1,769,966
- Program services expenses
- $4,196,433 changed to $4,101,463
- Management and general expenses
- $270,983 changed to $330,510
- Program service expenses (Part III)
- $4,196,433 changed to $4,101,463
Listed only on the earlier return
- Albert DAngelo
- Brad Silver
- Clifton Edmonds
- David Edelstein
- Flora Markaj
- Molham M Solomon
- Remy Salas
- Salvatore Castorina
Listed only on the later return
- Amy Shebar
- Donna Wellington
- Erica Hutchek
- John Johnson
- Lauren Roth
- Malcom Gray
Listed under a different title
- Christy Olsen: Director of Program Operations then Senior Director for Youth Services
- Hazel Miura: Derector of Housing & Community Dev then Director for Community Development
Totals
- Total revenue
- $4,471,493
- Total expenses
- $4,484,904
- Contributions and grants received
- $3,875,417
- Grants paid
- $0
- Program service revenue
- $495,817
- Investment income
- $0
- Other revenue
- $100,259
- Total assets, end of year
- $3,273,280
- Total liabilities, end of year
- $1,503,314
- Net assets or fund balances, end of year
- $1,769,966
- Program services expenses (Part IX)
- $4,101,463
- Management and general expenses
- $330,510
- Fundraising expenses
- $52,931
- Program service expenses (Part III)
- $4,101,463
Program services were 91.5% 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)
$3,629,582
-
1f · All other contributions, gifts and grants
$245,835
-
2a · Program service revenue: Youth program fees
total $495,817 · related or exempt $495,817
-
8a · Fundraising events: gross income
$21,655
-
8c · Net income from fundraising events
total $21,655 · excluded $21,655
-
11a · Other revenue: Fiscal management fees
total $74,888 · related or exempt $74,888
-
11b · Other revenue: Other revenues
total $3,716 · related or exempt $3,716
-
11e · Other revenue, total
$78,604
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,847,752 · program services $2,791,881 · management and general $55,871
-
9 · Other employee benefits
total $498,495 · program services $483,106 · management and general $15,389
-
11g · Fees: other
total $277,167 · program services $242,470 · management and general $33,997 · fundraising $700
-
12 · Advertising and promotion
total $16,569 · program services $6,011 · management and general $6,920 · fundraising $3,638
-
13 · Office expenses
total $603,140 · program services $485,091 · management and general $69,456 · fundraising $48,593
-
16 · Occupancy
total $102,661 · program services $15,896 · management and general $86,765
-
22 · Depreciation, depletion and amortization
total $11,905 · management and general $11,905
-
23 · Insurance
total $43,079 · program services $43,079
-
24a · Other expenses: Staff training
total $21,999 · program services $21,782 · management and general $217
-
24b · Other expenses: Gifts and donations
total $10,266 · program services $9,566 · management and general $700
-
24c · Other expenses: Penalties
total $8,267 · management and general $8,267
-
24d · Other expenses: Repairs and maintenance
total $2,835 · program services $2,581 · management and general $254
-
24e · All other expenses
total $40,769 · management and general $40,769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,876 · end of year $41,531
-
3 · Pledges and grants receivable
beginning of year $1,491,054 · end of year $2,201,562
-
4 · Accounts receivable
beginning of year $199,086 · end of year $329,395
-
7 · Other notes and loans receivable
beginning of year $336,696 · end of year $245,078
-
10a · Land, buildings and equipment: cost or other basis
$426,737
-
10b · Land, buildings and equipment: accumulated depreciation
$422,397
-
10c · Land, buildings and equipment, net
beginning of year $16,245 · end of year $4,340
-
15 · Other assets
beginning of year $647,973 · end of year $451,374
-
17 · Accounts payable and accrued expenses
beginning of year $276,797 · end of year $201,878
-
18 · Grants payable
beginning of year $153,182 · end of year $533,378
-
25 · Other liabilities
beginning of year $487,574 · end of year $768,058
-
27 · Net assets without donor restrictions
beginning of year $1,783,377 · end of year $1,769,966
Mission and programs · 2024
Mission
To create thriving communities that provide safe, affordable housing and help youth prepare for a successful future.
-
Youth activities including afterschool and summer programming - The Organization provides a free or low-cost youth programs to the community. Programming includes, homework assistance, academic enrichment, social/emotional development, leadership development, health and well-being. The Organization works with at risk youth in middle schools, high schools and out of school youth. The Organization also hosts community events including a Holiday Toy Giveaway, Movies Under the Stars and a Spring Street fair. While the majority of programs are provided at no cost to participants, certain activities generate service revenue through program fees.
Expenses $3,282,923
-
Social Services - The Organization provides social services programs designed to support vulnerable populations facing barriers to meeting their rental obligations. These barriers may include unemployment, underemployment, disability, health-related challenges, family crises, or other economic circumstances that adversely affect a tenants ability to pay rent.
Expenses $419,465
-
Economic Development - The Organization provides programs that stimulate business growth and economic activity within the community. This program supports a variety of initiatives, including business development services, workforce development programs, entrepreneurial training, access to capital resources, technical assistance, and other activities designed to improve the competitiveness and sustainability of local enterprises.
Expenses $172,701
-
Housing - The Organization engages in housing services that include landlord/tenant mediation, eviction prevention housing court advocacy, crime prevention initiatives, merchant organizing, technical assistance to neighborhood groups, and landlord and tenant forums. These activities are designed to strengthen neighborhood stability, promote safety, and support residents in maintaining secure housing.
Expenses $131,049
-
Community Development - The Organization provides community service programs that include vaccine education, voting participation initiatives, racial equity and inclusion programming, mental health awareness, and financial literacy workshops. These activities are designed to promote public health, civic engagement, equity, and individual well-being. All services are offered free of charge to clients. Funding for these programs is derived primarily from government grants.
Expenses $95,325
As filed on the 2024 return.
Listed in Part VII
-
William Foster
Executive Director
- Total calculated
- $149,176
- From this org
- $32,561
- From related orgs
- $116,615
- Other
- $0
- Hours/week
- 35
-
Amy Shebar
Associate Executive Director
- Total calculated
- $121,401
- From this org
- $27,441
- From related orgs
- $93,960
- Other
- $0
- Hours/week
- 35
-
Donna Wellington
Director for Finance and Administra
- Total calculated
- $99,930
- From this org
- $22,346
- From related orgs
- $77,584
- Other
- $0
- Hours/week
- 35
-
Christy Olsen
Senior Director for Youth Services
- Total calculated
- $91,938
- From this org
- $19,378
- From related orgs
- $72,560
- Other
- $0
- Hours/week
- 35
-
Hazel Miura
Director for Community Development
- Total calculated
- $74,406
- From this org
- $16,806
- From related orgs
- $57,600
- Other
- $0
- Hours/week
- 35
-
Michael J Reichgott
President
- Total calculated
- $0
- Hours/week
- 0
-
John Johnson
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Lauren Roth
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Malcom Gray
Director for Economic Development
- Total calculated
- $0
- Hours/week
- 35
-
Erica Hutchek
Director for Social Services
- Total calculated
- $0
- Hours/week
- 35
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 July 2026
- IRS schema version
- 2024v5.2
- Source object
- 202612019349300811
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.