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Neighborhood Capital Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562317858 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Capital Institute?

The Neighborhood Capital Institute is a nonprofit organization, whose specific location or the number of employees are not provided in the given information. Its primary focus is not explicitly stated, but it is implied that they engage in activities related to neighborhood development and capital, as suggested by their name. Their mission, however, remains unclear from the provided data.


Official website here: www.nciinstitute.org

Is Neighborhood Capital Institute legitimate?

Neighborhood Capital Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Capital Institute submitted a form 990EZ, 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.


Official website here: www.nciinstitute.org

What is the mission statement of Neighborhood Capital Institute?

The Neighborhood Capital Institute, in its mission, strives to foster sustainable community development by providing resources, technical assistance, and financing solutions to community development organizations. Their goal is to empower these organizations to revitalize underserved neighborhoods, create affordable housing, and stimulate economic growth. The Institute advocates for equitable and inclusive community development, promoting policies that support low-income communities and individuals. By offering training programs and facilitating partnerships, they aim to build the capacity of local organizations and strengthen their impact.


Official website here: www.nciinstitute.org

Who is the CEO of Neighborhood Capital Institute?

Ruth A Wuorenma is the President of Neighborhood Capital Institute.


Official website here: www.nciinstitute.org

What is the revenue of Neighborhood Capital Institute?

Neighborhood Capital Institute's revenue in 2022 was $94,983.


Official website here: www.nciinstitute.org

Who are the executives of Neighborhood Capital Institute and what are their salaries?


Here are 4 key members and their salaries:


Ruth A Wuorenma (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen L Schlickman (Director And Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald R Manderscheid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kitty Freidheim (Director And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nciinstitute.org

Where can I find the form 990EZ for Neighborhood Capital Institute?

Neighborhood Capital Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nciinstitute.org

Learn more at the official website: www.nciinstitute.org

Mission Statement of Neighborhood Capital Institute

Neighborhood Capital Institute, in its mission, focuses on promoting community development and economic growth. The organization does not have a specific activity or description provided, but its purpose can be inferred from its name. By instilling capital into neighborhoods, Neighborhood Capital Institute aims to foster sustainable and thriving communities. This could involve providing financial resources, mentorship, or other forms of support to local initiatives that contribute to economic development and community empowerment. The exact methods and focus areas of Neighborhood Capital Institute remain unclear from the given information, but its mission can be understood as promoting community and economic growth through capital investment.

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Impact




October, 2024

Neighborhood Capital Institute focuses on community improvement, primarily in Chicago, IL. Its impact is measured by its ability to empower local communities through various initiatives that promote economic development, enhance neighborhood engagement, and improve access to resources. By fostering collaboration among residents, local organizations, and stakeholders, the institute facilitates sustainable growth and resilience in underserved areas. Their efforts contribute to creating vibrant neighborhoods, enhancing quality of life, and driving positive change within the community.




This information is meant to be a general summary of Neighborhood Capital Institute. 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.

Revenue
$94,983 (2022)
Expenses
$62,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $94,983
  • Gross Receipts: $94,983

Assets and Liabilities:

  • Total Assets: $56,818
  • Total Liabilities: $420,974
  • Net Assets: -$364,156

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Organization Details

Principal Officer

Ruth A Wuorenma

Main Address

47 W Polk Street Suite 100 - 573, Chicago, IL, 606052085

NTEE Category

Code: S31 - Community improvement

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