Public Charity

Near North Development Corporation

Near North Development Corporation is a nonprofit organization categorized as Public Charity based in Indianapolis, IN. Its most recent IRS filing (2024) reports revenue of $605K, expenses of $949K, total assets of $5.2M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $1.6M.

EIN: 351427889 Indianapolis, IN Latest filing: 2024
Total Revenue$605K
Total Expenses$949K
Total Assets$5.2M
Grant Records13
Funding Total$1.6M
Filing Years2020–2024

Mission

Inner-city housing and economic development focusing on low-income individuals.

Sample Grants Received

2024
DIRECT GRANTS TO SMALL BUSINESSES
$482,960
2024
General Grant Disbursements, Core Operating Support
$139,000
2024
Operating support
$50,000
2023
General Grant Disbursements
$75,000
$47,750

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

Director Barb Stahl
Director Ben Spandau
President - Exit 9/27/24 Brian Carman
Director Celeste Jones
Director Cordelia Lewis-Burks
Treasurer Cynthia Bay

Officer compensation and complete director data available with membership.

Top Grant Purposes

DIRECT GRANTS TO SMALL BUSINESSES
$482,960 1 grant
OPERATING SUPPORT
$398,942 3 grants
CORE OPERATING SUPPORT
$205,000 1 grant
GENERAL GRANT DISBURSEMENT
$139,680 1 grant
General Grant Disbursements, Core Operating Support
$139,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $605K $949K $5.2M
2023 $1.2M $1.3M $4.8M
2022 $230K $592K $3.6M
2021 $1.6M $573K $4.0M
2020 $771K $831K $1.7M

Between 2020 and 2024, reported annual revenue declined from $771K to $605K (-21%), with total assets most recently reported at $5.2M.

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

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