Public Charity

Neighborhood Initiatives Development Corporation

Neighborhood Initiatives Development Corporation, of Bronx, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.5M in revenue, $4.5M in expenses, $3.3M in total assets. 10 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 133110811 Bronx, NY Housing & Shelter NTEE: L Latest filing: 2025
Total Revenue$4.5M
Total Expenses$4.5M
Total Assets$3.3M
Grant Records10
Funding Total$1.1M
Filing Years2020–2025

Mission

To create thriving communities that provide safe, affordable housing and help youth prepare for a successful future.

Where $100 goes at Neighborhood Initiatives Development Corporation

How Neighborhood Initiatives Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$74
Youth activities including afterschool and summer programming - The Organization provides a free or low-cost youth programs to the community
80% of program spending
$9
Social Services
10% of program spending
$4
Economic Development
4% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member Albert Dangelo
Associate Executive Director Amy Shebar
Treasurer Brad Silver
Director of Program Operations / Senior Director for Youth Services Christy Olsen
Director of Fiscal Operations Clifton Edmonds
Secretary David Edelstein

Officer compensation and complete director data available with membership.

Top Grant Purposes

Food Assistance & Nutrition
$25,000 1 grant
Unspecified
$1,115,172 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.5M $4.5M $3.3M
2024 $4.4M $4.6M $2.7M
2023 $4.1M $3.9M $3.0M
2022 $4.8M $3.2M $2.4M
2020 $2.4M $2.3M $1.7M

Between 2020 and 2025, reported annual revenue grew from $2.4M to $4.5M (+84%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Neighborhood Initiatives Development Corporation

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