Public Charity

Neighborhood Self Employment Initiative Inc

Neighborhood Self Employment Initiative Inc is a nonprofit organization categorized as Public Charity based in Indianapolis, IN. Its most recent IRS filing (2024) reports revenue of $974K, expenses of $1.7M, total assets of $6.5M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 352028160 Indianapolis, IN Latest filing: 2024
Total Revenue$974K
Total Expenses$1.7M
Total Assets$6.5M
Grant Records13
Funding Total$1.3M
Filing Years2019–2024

Mission

BUSINESS OWNERSHIP INITIATIVE OF INDIANA'S MISSION IS TO PROVIDE SERVICES AND SUPPORT TO EMERGING AND EXISTING BUSINESS OWNERS IN THE NINE-COUNTY, INDIANAPOLIS METROPOLITAN AREA. THE SERVICES INCLUDE MICRO LENDING, BUSINESS-TRAINING CLASSES AND WORKSHOPS, ONE-TO-ONE BUSINESS COUNSELING, LIFE COACHING, MENTORING AND ASSISTANCE WITH LOCATING AND OBTAINING FINANCIAL RESOURCES.

Officers & Directors

BOARD MEMBER Altaf Hussain
VICE CHAIR Andrea Mcgordon
BOARD MEMBER Bill Bower
EXECUTIVE DIRECTOR David Herron
BOARD CHAIR Drew Linn
BOARD MEMBER Erica Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$355,000 2 grants
Program Manager
$300,000 1 grant
Rapid Response Loan Fund
$254,950 1 grant
SEE PART IV
$208,767 3 grants
CHARITABLE DONATION
$44,352 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $974K $1.7M $6.5M
2023 $1.7M $1.8M $7.6M
2022 $848K $1.2M $8.2M
2020 $18.5M $15.5M $10.8M
2019 $1.1M $1.1M $2.7M

Between 2019 and 2024, reported annual revenue declined from $1.1M to $974K (-8%), with total assets most recently reported at $6.5M.

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

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