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Neighborhood Community Development Fund

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

EIN: 251855490 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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

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.

Here 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:

    Mark Masterson (Executive Di)
  • Compensation: $170,000
  • Related: $0
  • Other: $19,283

    • Joanna Deming (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas M Despres (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Eldridge (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Fruzynski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Nalducci (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan D Perry (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Roland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duke Rupert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorrie Smith-Richie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Uber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Wehner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Wiles (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ncd-fund.org

    Where can I find the form 990 for Neighborhood Community Development Fund?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Neighborhood Community Development Fund plays a vital role in fostering community development in low to moderate-income neighborhoods within Allegheny County. By providing financial products and technical assistance services to neighborhood businesses and real estate projects, this organization is directly contributing to the economic growth and stability of these communities. Through their efforts, they are enabling businesses to thrive and supporting the development of much-needed infrastructure in underserved areas. In essence, Neighborhood Community Development Fund's impact can be seen in the tangible improvements and opportunities it brings to the neighborhoods it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    Principal Officer

    Mark Masterson

    Main Address

    3923 PERRYSVILLE AVENUE, PITTSBURGH, PA, 15214

    NTEE Category

    Code: S40 - Community improvement

    If you are a representative of Neighborhood Community Development Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.