Public Charity

NEIGHBORHOOD DEVELOPMENT SERVICES INC

NEIGHBORHOOD DEVELOPMENT SERVICES INC is a nonprofit organization categorized as Public Charity based in RAVENNA, OH. Its most recent IRS filing (2024) reports revenue of $12.1M, expenses of $12.0M, total assets of $45.3M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $3.6M.

EIN: 341485111 RAVENNA, OH Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$12.1M
Total Expenses$12.0M
Total Assets$45.3M
Grant Records13
Funding Total$3.6M
Filing Years2019–2024

Mission

TO REVITALIZE NEIGHBORHOODS AND COMMUNITIES, PRIMARILY FOR THE BENEFIT OF LOW AND MODERATE-INCOME HOUSEHOLDS THROUGH THE STATEWIDE PROVISION AND / OR PROMOTION OF AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT, JOB CREATION, AND ADDICTION AND RECOVERY SERVICES.

Where $100 goes at Neighborhood Development Services Inc

How Neighborhood Development Services Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$14 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 $86 for programs

$32
Affordable housing developmentnds strives to construct and rehabilitate affordable housing throughout northeast ohio, west virginia, and michigan
38% of program spending
$21
Community developmentnds strives to promote community and economic development through multi-discipline art and job-creation
24% of program spending
$17
Homeownership preservation (grant consulting and implementation of housing rehab-grants)nds administers housing grants for several communities throughout northeast ohio
20% of program spending

Plus 1 more program. 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 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Barb Wensel
MEMBER Ben Greenberg
MEMBER Donna Kovolyan
MEMBER Heidi Kovach
CHAIR Jeff Mills
CHIEF FINANCIAL OFFICER Kaitlyn Mcnerney

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,249,939 11 grants
Unspecified
$390,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $12.1M $12.0M $45.3M
2023 $17.2M $17.1M $45.6M
2022 $12.0M $11.2M $46.2M
2020 $8.6M $8.8M $46.0M
2019 $11.4M $10.6M $41.4M

Between 2019 and 2024, reported annual revenue grew from $11.4M to $12.1M (+7%), with total assets most recently reported at $45.3M.

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

See the full picture for NEIGHBORHOOD DEVELOPMENT SERVICES INC

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