Public Charity

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

Based in Orlando, FL, ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC operates as a Public Charity. The organization reported $9.3M in revenue, $2.7M in expenses, $76.7M in total assets for fiscal year 2024. Imperigo tracks 37 reported grant relationships connected to this organization totaling approximately $9.9M.

EIN: 592669952 Orlando, FL Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$9.3M
Total Expenses$2.7M
Total Assets$76.7M
Grant Records37
Funding Total$9.9M
Filing Years2020–2024

Mission

ONIC's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration. This is achieved through the development and preservation of affordable housing, community engagement initiatives, and programs that support economic empowerment, environmental sustainability, and social equity. Our efforts are focused on enhancing the quality of life for all residents, particularly those in underserved and marginalized communities.

Where $100 goes at Orlando Neighborhood Improvement Corporation Inc

How Orlando Neighborhood Improvement Corporation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$96 Programs the work itself
$3 Management running the organization
$1 Fundraising raising the next dollar

Inside the $96 for programs

$83
ONIC directly operates 642 units of affordable rental housing and serves as the general partner of various entities which own an additional 829 units of affordable rental housing
86% of program spending · Reported in the filing: 642 units of affordable; 829 units of affordable
$8
ONIC's Resident Services supports its residents' housing stability through three core pillars: housing stability, asset building, and community building & engagement
8% of program spending · Reported in the filing: 451 individuals; 47 volunteers; 676 hours of service
$5
ONIC is an award winning leader in building and operating high quality affordable rental homes in Central Florida
6% of program spending · Reported in the filing: 2,856 units
Share on LinkedIn Share on Facebook
Add this to your website

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.

Sample Grants Received

$315,000
2024
PRODIGY PROGRAM FOR AT-RISK YOUTHS
$153,954
2023
To support the charitable activities of the organization.
$2,750,000
$379,000
2023
PRODIGY PROGRAM FOR AT-RISK YOUTHS
$140,044

Showing up to 5 of 37 total records — full history available with membership.

Officers & Directors

VP of Resident Services Alexis Collins
President Alfred Arzuaga
Director Cathy Sterba
Vice Chair Cindy Colvin
Director Craig Ridinger
Director Derek Burke

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,963,408 31 grants
Housing & Homelessness
$42,190 1 grant
Unspecified
$877,687 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.3M $2.7M $76.7M
2023 $13.0M $10.7M $98.6M
2022 $66.0M $14.4M $96.6M
2021 $16.2M $11.4M $57.7M
2020 $12.6M $9.1M $41.7M

Between 2020 and 2024, reported annual revenue declined from $12.6M to $9.3M (-26%), with total assets most recently reported at $76.7M.

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

See the full picture for ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

Complete financials, all 37 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time