Overview
What is Neighborhood Community Development Fund?
The Neighborhood Community Development Fund is a nonprofit organization situated in Pittsburgh, Pennsylvania, specifically at 3923 Perrysville Avenue. Their primary mission is to foster community development by offering a variety of financial products and technical assistance services to local businesses and real estate projects in low to moderate income neighborhoods within Allegheny County. Their activities are geared towards promoting growth and success in these communities, providing essential resources that help businesses and real estate projects thrive. The organization employs 12 individuals, demonstrating its commitment to this cause.
Official website here: www.ncd-fund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Neighborhood Community Development Fund has earned a commendable Four-Star rating from Charity Navigator, indicating a strong overall performance, particularly in leadership and community engagement. With a high accountability and finance score of 87, coupled with perfect scores in culture and community, as well as leadership and adaptability, this organization demonstrates a strong commitment to transparent and effective operations.
User feedback highlights the organization’s responsiveness and effectiveness, noting the helpfulness of the staff in providing capital to businesses in need. A review from a professional in the field emphasized the organization's ability to not only meet immediate financial needs but also to guide clients in securing additional financing, showcasing its practical impact on community development.
While the overall feedback is positive, the specific limitations or areas for improvement were not mentioned in the data. Nonetheless, the strong program expense ratio of 93.74% reflects a solid focus on programmatic spending, reinforcing the organization’s dedication to its mission.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Neighborhood Community Development Fund legitimate?
Neighborhood Community Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Community Development Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $189,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,166
For more financial information, click here
Official website here: www.ncd-fund.org
What is the mission statement of Neighborhood Community Development Fund?
The Neighborhood Community Development Fund is committed to promoting community development by offering a variety of financial products and technical assistance services to neighborhood businesses and real estate projects. Their mission is to ensure the financial and developmental success of these ventures, ultimately contributing to community growth. The organization provides financing for businesses and community development real estate projects in low to moderate income neighborhoods, along with related services.
Official website here: www.ncd-fund.org
Who is the CEO of Neighborhood Community Development Fund?
Mark Masterson is the Executive Di of Neighborhood Community Development Fund.
Official website here: www.ncd-fund.org
What is the revenue of Neighborhood Community Development Fund?
Neighborhood Community Development Fund's revenue in 2022 was $1,987,923.
Official website here: www.ncd-fund.org
Who are the executives of Neighborhood Community Development Fund and what are their salaries?
The average compensation at Neighborhood Community Development Fund during 2022 was $61,954. There are 12 employees and 21 volunteers at Neighborhood Community Development Fund.
Here are 14 key members and their salaries:
- Compensation: $170,000
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- Other: $19,283
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- Other: $0
Official website here: www.ncd-fund.org
Where can I find the form 990 for Neighborhood Community Development Fund?
Neighborhood Community Development Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncd-fund.org
Learn more at the official website: www.ncd-fund.org
Mission Statement of Neighborhood Community Development Fund
The Neighborhood Community Development Fund, as an organization, is committed to promoting community development. They achieve this by offering a variety of financial products and technical assistance services to neighborhood businesses and real estate projects within Allegheny County. Their mission is to provide financial and developmental success, contributing to the expansion and improvement of low to moderate income neighborhoods. By offering these resources, Neighborhood Community Development Fund plays a significant role in fostering community growth and development.
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Impact
October, 2024
The Neighborhood Community Development Fund plays a crucial role in fostering community development in Allegheny County by providing an array of financial products and technical assistance services. Its focus is on empowering neighborhood businesses and supporting real estate projects in low to moderate-income areas. By offering financing specifically tailored for these communities, the Fund aims to stimulate economic growth, enhance local infrastructure, and improve overall quality of life.
Through its initiatives, the Fund not only addresses immediate financial needs but also lays the groundwork for long-term development and success. By investing in these neighborhoods, it contributes to creating vibrant, sustainable communities that can thrive economically and socially. The Fund's commitment to community improvement is evident in its targeted efforts to uplift those who may otherwise lack access to necessary resources.
This information is meant to be a general summary of Neighborhood Community Development Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,880
- Program Service Revenue: $443,864
- Gross Receipts: $2,007,806
Assets and Liabilities:
- Total Assets: $15,179,709
- Total Liabilities: $9,428,271
- Net Assets: $5,751,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST - LENDING ACTIVITIES
Revenue
$380,508
LOAN FEES
Revenue
$63,356
Organization Details
Founding Year
2000
Phone
(412) 322-0290Principal Officer
Mark Masterson
Main Address
3923 PERRYSVILLE AVENUE, PITTSBURGH, PA, 15214
Website
www.ncd-fund.orgNTEE Category
Code: S40 - Community improvement
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