NonprofitsNeighborhood Development Services Inc

Community Improvement & Capacity Building

Neighborhood Development Services Inc

RAVENNA, OH

Total revenue

$12.1M

Total expenses

$12.0M

Net assets

$21.1M

Grants received

$2.7M

9 grants

EIN

341485111

Tax year

2024

Mission

To revitalize neighborhoods and communities, primarily for the benefit of low and moderate-income households through the statewide provision and / or promotion of affordable housing, community and economic development, job creation, and addiction and recovery services.

Programs

3 programs

Homeownership preservation (grant consulting and implementation of housing rehab-grants)nds administers housing grants for several communities throughout northeast ohio. Through the use of grant funds, nds works to provide affordable solutions to area homeowners to rehabilitate their homes, to help improve their quality of life, and improve the community's housing stock.

Expenses: $2.1M

Community developmentnds strives to promote community and economic development through multi-discipline art and job-creation.

Expenses: $2.6M

Revolving loan funds and other nds administers a revolving loan fund and services the subsequent loans related to housing acquistion, community development, economic development, and housing rehabilitation projects.other projectsvarious projects and program service activities are undertaken to further the organization's exempt purpose.

Expenses: $1.9M

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue$10.5M
Investment income$89K
Other revenue$209K
Total revenue$12.1M

Expenses

Grants paid
Salaries & benefits$3.1M
Fundraising
Other expenses$8.9M
Total expenses$12.0M
Total assets$45.3M
Net assets$21.1M

People

12 listed

NameRoleCompensation

STACY BROWN

EXECUTIVE DIRECTOR

Board

$142K

40 hrs/wk

MIKE BOGO

DEPUTY DIRECTOR

Board

$124K

40 hrs/wk

KAITLYN MCNERNEY

CHIEF FINANCIAL OFFICER

Board

$104K

40 hrs/wk

BARB WENSEL

SECRETARY

Board

1 hrs/wk

HEIDI KOVACH

MEMBER

Board

1 hrs/wk

DONNA KOVOLYAN

MEMBER

Board

1 hrs/wk

JEFF MILLS

CHAIR

Board

1 hrs/wk

BEN GREENBERG

MEMBER

Board

1 hrs/wk

RYAN WAGONER

MEMBER

Board

1 hrs/wk

SHIRLEY CAPPARELL

MEMBER

Board

1 hrs/wk

RENEE BOOHER

VICE CHAIR

Board

1 hrs/wk

RODNEY MISHLER

TREASURER

Board

1 hrs/wk

Independent contractors

LAKE ERIE PLUMBING CONTRACTORS LLC

PLUMBING SUBCONTRACTOR ON CONSTRUCTION P

$662K

GULU ELECTRICAL CONTRACTORS INC

ELECTRICAL SUBCONTRACTOR ON CONSTRUCTION

$396K

247 MECHANICAL COMPANY

SITEWORK SUBCONTRACTOR ON CONSTRUCTION P

$365K

SITE DEVELOPMENT

SITEWORK SUBCONTRACTOR ON CONSTRUCTION P

$227K

CATASTROPHE RESPONSE TEAM

AFTERMATH OF A DISASTER (HURRICANES, FLO

$226K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$10K
PROGRAM SUPPORT
2020
$328K
EXPENDABLE GRANTS
2017

Funded by

$2.7M from 3 funders · 9 grants · 2017–2023

Neighborhood Reinvestment Corporation

$2.6M · 7 grants · 2017–2023

Ohio Capital Impact Corporation

$10K · 1 grant · 2020

Details

EIN341485111
NTEE codeS200
Subsection03
Ruling date1986-08
Formed1985
Employees29
Volunteers9
NEIGHBORHOOD DEVELOPMENT SERVICES INC — Mission, Financials & Grants Received | Grantivo