Overview
What is Neighborhood Impact Investment Fund Inc?
Neighborhood Impact Investment Fund Inc, based in Baltimore, Maryland, is a mission-driven nonprofit organization. Established with long-term financial support from the city, its primary objective is to deliver capital and promote equitable growth in historically disinvested neighborhoods within Baltimore. The fund operates independently, aligning with the city's neighborhood focus and community development goals. By providing loans and investments, NIIF aims to catalyze business activity, accelerate community revitalization, and create greater opportunities for residents, thereby contributing to inclusive growth in Baltimore's underserved areas. The organization, with a small team of eight employees, plays an essential role in revitalizing and empowering communities in need.
Official website here: www.baltimoreniif.org/
Is Neighborhood Impact Investment Fund Inc legitimate?
Neighborhood Impact Investment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Impact Investment Fund Inc 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: $298,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,965
For more financial information, click here
Official website here: www.baltimoreniif.org/
What is the mission statement of Neighborhood Impact Investment Fund Inc?
The Neighborhood Impact Investment Fund Inc, a mission-driven investment fund, is dedicated to delivering capital and promoting equitable growth in historically disinvested neighborhoods. As a non-profit organization, its primary goal is to accelerate community revitalization, catalyze business activity, and provide greater opportunities for residents in these underserved areas. Initially capitalized with a long-term, subordinate loan from the City of Baltimore, the Fund operates independently, aligning its activities with the city's neighborhood focus and community development goals. By offering loans and investments, Neighborhood Impact Investment Fund Inc aims to contribute to the overall improvement and development of these neighborhoods.
Official website here: www.baltimoreniif.org/
Who is the CEO of Neighborhood Impact Investment Fund Inc?
Mark Kaufman is the Chairman of Neighborhood Impact Investment Fund Inc. The CEO's salary of Neighborhood Impact Investment Fund Inc is $155,042 and their total compensation is $157,971.
Official website here: www.baltimoreniif.org/
What is the revenue of Neighborhood Impact Investment Fund Inc?
Neighborhood Impact Investment Fund Inc's revenue in 2023 was $3,569,338.
Official website here: www.baltimoreniif.org/
Who are the executives of Neighborhood Impact Investment Fund Inc and what are their salaries?
The average compensation at Neighborhood Impact Investment Fund Inc during 2023 was $62,306. There are 8 employees and 14 volunteers at Neighborhood Impact Investment Fund Inc.
Here are 19 key members and their salaries (Neighborhood Impact Investment Fund Inc's CEO's salary is $155,042 and their total compensation is $157,971):
- Mark A Kaufman (President And Chief Executive Officer)
- Lori M Glass (Chief Lending Officer (Term 11/22))
- Patti Chandler (Chief Financial Officer (Started Board Approved Cf)
- Arnold Williams (Chairman) [Trustee/Director]
- John Hamilton (Treasurer/Governance Chair) [Trustee/Director]
- Joyce Moskovitz (Secretary) [Trustee/Director]
- Mary John Miller (Audit Chair) [Trustee/Director]
- Ernst Valery (Diversity, Equity And Inclusion Chair) [Trustee/Director]
- Marc Broady (Member) [Trustee/Director]
- Sonja Wells (Member) [Trustee/Director]
- Augie Chiasera (Member) [Trustee/Director]
- Jalal Jay Greene (Member) [Trustee/Director]
- Colin Tarbert (Member) [Trustee/Director]
- Paul Taylor (Member) [Trustee/Director]
- Rodney Boyd Left In March 2022 (Member) [Trustee/Director]
- Fagan Harris Left In January 2023 (Member) [Trustee/Director]
- Dana Johnson Left In March 2023 (Investment Chair) [Trustee/Director]
- Linda Sorden Started March 2023 (Member) [Trustee/Director]
- Ft Burden Started March 2023 (Member) [Trustee/Director]
Official website here: www.baltimoreniif.org/
Where can I find the form 990 for Neighborhood Impact Investment Fund Inc?
The Neighborhood Impact Investment Fund Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.baltimoreniif.org/
Learn more at the official website: www.baltimoreniif.org/
Mission Statement of Neighborhood Impact Investment Fund Inc
Neighborhood Impact Investment Fund Inc, a mission-driven investment fund, is dedicated to delivering capital and promoting inclusive, equitable growth in historically disinvested neighborhoods. Established as a non-profit organization, Neighborhood Impact Investment Fund Inc works in alignment with the city's neighborhood focus and community development goals. It was initially capitalized with a long-term, subordinate loan from the City of Baltimore and operates independently, providing capital to accelerate community revitalization, stimulate business activity, and offer greater opportunities for residents in these underserved areas.
Impact
This information is meant to be a general summary of Neighborhood Impact Investment Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Neighborhood Impact Investment Fund Inc delivers capital and promotes equitable growth in Baltimore's disinvested neighborhoods. The organization supports communities through loans and investments that accelerate community revitalization, catalyze business activity, and provide greater opportunities for residents. Their mission is to deliver capital and promote inclusive, equitable growth in Baltimore's historically disinvested neighborhoods.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ORIGINATION FEE
Revenue
$131,978
Organization Details
Founding Year
2018
Phone
(410) 218-3437
Principal Officer
Mark Kaufman
Main Address
1040 PARK AVENUE 310, BALTIMORE, MD, 21201
Website
www.baltimoreniif.org/
NTEE Category
Code: S31 - Community improvement
If you are a representative of Neighborhood Impact Investment Fund Inc 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.