NonprofitsNeighborhood Community Development Fund

Community Improvement & Capacity Building

Neighborhood Community Development Fund

PITTSBURGH, PA

Total revenue

$5.3M

Total expenses

$3.2M

Net assets

$9.7M

Grants received

$5.5M

15 grants

EIN

251855490

Tax year

2024

Mission

To promote community development through providing an array of financial products and technical assistance services for neighborhood businesses and real estate within allegheny county.

Financials

FY 2024

Revenue

Contributions & grants$4.0M
Program service revenue$1.3M
Investment income$40K
Other revenue$29K
Total revenue$5.3M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising$305K
Other expenses$1.9M
Total expenses$3.2M
Total assets$24.7M
Net assets$9.7M

People

14 listed

NameRoleCompensation

MARK MASTERSON

EXECUTIVE DI

Board

$200K

40 hrs/wk

DEBBIE REED JOINED 92024

BOARD MEMBER

Board

1 hrs/wk

ISAAC FALVEY JOINED 92024

BOARD MEMBER

Board

1 hrs/wk

LINDA HANSEN JOINED 92024

BOARD MEMBER

Board

1 hrs/wk

MARK NUSSBAUM JOINED 92024

BOARD MEMBER

Board

1 hrs/wk

JEROME JACKSON

BOARD MEMBER

Board

1 hrs/wk

WALTER NARDUCCI

CHAIR

Board

1 hrs/wk

ALAN D PERRY

SECRETARY

Board

1 hrs/wk

WILLIAM ROLAND

BOARD MEMBER

Board

1 hrs/wk

DORRIE SMITH-RICHIE

BOARD MEMBER

Board

1 hrs/wk

DEREK UBER

TREASURER

Board

1 hrs/wk

KEITH WEHNER

BOARD MEMBER

Board

1 hrs/wk

KAREN WILES

VICE CHAIR

Board

1 hrs/wk

BOBBY WILSON

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$2M
DISADVANTAGED SMALL BUSINESS CAPITAL ACCESS INITIATIVE
2024
$100K
OPERATING GRANT
2024
$25K
CAPACITY SUPPORT FOR FEDERAL FUNDING APPLICATION
2024
$400K
FINANCE JUSTICE FUND SUBGRANT
2023
$250K
TECHNICAL ASSISTANCE
2023
$250K
TECHNICAL ASSISTANCE
2023
$75K
COMMUNITY AND NEIGHBORHOOD DEVELOPMENT
2023
$50K
UPGRADE OF LENDING TECHNOLOGY PLATFORM
2023
$25K
TO INCREASE ACCESS TO CAPITAL, AND TECHNICAL SUPPORT FOR MINORITY-OWNED BUSINESSES, AND TO HELP BUILD LONG-TERM RESILIENCY FOR PITTSBURGHS NORTHSIDE COMMUNITY
2023
$10K
COMMUNITY DEVELOPMENT
2023
$1.2M
SSBCI LOANS ALLOCAT
2022
$10K
COMMUNITY DEVELOPMENT
2022
$846K
LOAN AND DEBT RELIEF
2020
$50K
COVID-19 GRANT
2020

Funded by

$5.5M from 6 funders · 15 grants · 2020–2024

Pennsylvania Cdfi Network

$2.8M · 5 grants · 2020–2023

Hillman Family Foundations

$2.1M · 3 grants · 2023–2024

Opportunity Finance Network

$550K · 3 grants · 2020–2024

The Pittsburgh Foundation

$75K · 1 grant · 2023

Dollar Bank Foundation

$20K · 2 grants · 2022–2023

Details

EIN251855490
NTEE codeS40
Subsection03
Ruling date2000-05
Formed2000
Employees13
Volunteers23
NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND — Mission, Financials & Grants Received | Grantivo