NonprofitsNeighborhood Improvement Development Corporation Inc

Housing & Shelter

Neighborhood Improvement Development Corporation Inc

MILWAUKEE, WI

Total revenue

$172K

Total expenses

$255K

Net assets

$2.9M

Grants received

$35K

2 grants

EIN

237380888

Tax year

2024

Mission

Encourage private lending institutions and property owners to make improvements to the community's homes and businesses. The corporation is managed by a board of directors made up of members form the public and private sectors. The city of milwaukee includes the corporation as a component unit enterprise fund in its comprehensive annual financial report. This component unity designation is based on the oversight responsibilities and financial accountability of the city in connection with the grant programs administrated by the corporation.

Programs

1 program

Housing production - all expenses related to the rehabilitation and resale of houses in low-income areas to low-income individuals who otherwise would likely not qualify for bank financing.

Expenses: $25K

Financials

FY 2024

Revenue

Contributions & grants$115K
Program service revenue$49K
Investment income$17K
Other revenue
Total revenue$172K

Expenses

Grants paid$145K
Salaries & benefits
Fundraising
Other expenses$110K
Total expenses$255K
Total assets$3.6M
Net assets$2.9M

People

8 listed

NameRoleCompensation

MILELE COGGS

BOARD MEMBER

Board

0.5 hrs/wk

JAMES WITKOWIAK

CHAIR

Board

0.5 hrs/wk

DARRYL JOHNSON

VICE CHAIR

Board

0.5 hrs/wk

MIGUEL PASQUEIRA

SECRETARY/TREASURER

Board

0.5 hrs/wk

CARLA CROSS

BOARD MEMBER

Board

0.5 hrs/wk

FRANK CUMBERBATCH

BOARD MEMBER

Board

0.5 hrs/wk

SUZETTE DIDENKO

BOARD MEMBER

Board

0.5 hrs/wk

OBIAGELI NWABUZOR

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$25K
Grant to support AARP's Livable Communities initiative
2022

Funded by

$35K from 2 funders · 2 grants · 2022–2023

Aarp

$25K · 1 grant · 2022

Details

EIN237380888
NTEE codeL80Z
Subsection03
Ruling date1976-02
Formed1973
Employees0
Volunteers8
NEIGHBORHOOD IMPROVEMENT DEVELOPMENT CORPORATION INC — Mission, Financials & Grants Received | Grantivo