Public Charity

NEIGHBORHOOD ASSOCIATES CORPORATION

NEIGHBORHOOD ASSOCIATES CORPORATION is a Public Charity headquartered in LAUREL, MD. Financial data from the 2024 filing: $500K revenue, $643K expenses, $5.9M total assets. 3 publicly reported grants to this organization, totaling roughly $32K, appear in IRS filings.

EIN: 383654131 LAUREL, MD Latest filing: 2024
Total Revenue$500K
Total Expenses$643K
Total Assets$5.9M
Grant Records3
Funding Total$32K
Filing Years2019–2024

Mission

TO IMPROVE URBAN NEIGHBORHOODS BY DEVELOPING AFFORDABLE HOUSING. THE ORGANIZATION RESEARCHES, DEVELOPS, PILOTS, AND EVALUATES CITIZEN-BASED PROGRAMS TO IMPROVE THE QUALITY OF LIFE FOR THOSE LIVING IN URBAN COMMUNITIES.

Officers & Directors

PRESIDENT/CEO (END APR 2024) Bobby Austin
PRESIDENT Charles Tini
TREASURER Christopher Wood
BOARD MEMBER (END APR 2024) Gloria Cousar
CHAIR (DECEASED MAR 2024) Marilyn Melkonian
VICE PRESIDENT & SECRETARY Marsha Jackson

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUMANITIES FESTIVAL & GATHERING GRANT
$12,500 1 grant
General
$10,000 1 grant
TO SPONSOR A BOOK.
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $500K $643K $5.9M
2023 $546K $976K $6.1M
2022 $2.6M $1.2M $6.3M
2020 $727K $1.1M $6.7M
2019 $925K $1.1M $7.0M

Between 2019 and 2024, reported annual revenue declined from $925K to $500K (-46%), with total assets most recently reported at $5.9M.

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

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