2026-07-20T09:59:21-04:00 2025-06-30 113287732 Padilla and Company LLP 175-61 Hillside Avenue Ste 200 Jamaica NY 11432 990 2024-07-01 133110811 Neighborhood Initiatives Development Corporation % William Foster NEIG 7182319800 2160 Mathews Avenue Suite-N Bronx NY 10462 WILLIAM FOSTER Executive Director 7182319800 2026-07-16 false true JOSE PAOLO ESPIRITU P01304010 7185585858 2026-07-20 2024 2025-03-06 01:10:19Z X William Foster 2160 Mathews Avenue Suite-N Bronx NY 10462 4471493 false X WWW.NIDCNY.ORG X 1982 NY To create thriving communities that provide safe, affordable housing and help youth prepare for a successful future. 5 5 150 0 0 3916540 3875417 368431 495817 0 62185 100259 4347156 4471493 0 0 3529593 3346247 0 52931 1057753 1138657 4587346 4484904 -240190 -13411 2700930 3273280 917553 1503314 1783377 1769966 To create thriving communities that provide safe, affordable housing and help youth prepare for a successful future. false false 3282923 Youth activities including afterschool and summer programming - The Organization provides a free or low-cost youth programs to the community. Programming includes, homework assistance, academic enrichment, social/emotional development, leadership development, health and well-being. The Organization works with at risk youth in middle schools, high schools and out of school youth. The Organization also hosts community events including a Holiday Toy Giveaway, Movies Under the Stars and a Spring Street fair. While the majority of programs are provided at no cost to participants, certain activities generate service revenue through program fees. 419465 Social Services - The Organization provides social services programs designed to support vulnerable populations facing barriers to meeting their rental obligations. These barriers may include unemployment, underemployment, disability, health-related challenges, family crises, or other economic circumstances that adversely affect a tenants ability to pay rent. 172701 Economic Development - The Organization provides programs that stimulate business growth and economic activity within the community. This program supports a variety of initiatives, including business development services, workforce development programs, entrepreneurial training, access to capital resources, technical assistance, and other activities designed to improve the competitiveness and sustainability of local enterprises. 131049 Housing - The Organization engages in housing services that include landlord/tenant mediation, eviction prevention housing court advocacy, crime prevention initiatives, merchant organizing, technical assistance to neighborhood groups, and landlord and tenant forums. These activities are designed to strengthen neighborhood stability, promote safety, and support residents in maintaining secure housing. 95325 Community Development - The Organization provides community service programs that include vaccine education, voting participation initiatives, racial equity and inclusion programming, mental health awareness, and financial literacy workshops. These activities are designed to promote public health, civic engagement, equity, and individual well-being. All services are offered free of charge to clients. Funding for these programs is derived primarily from government grants. 226374 4101463 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true 9 0 150 true false false false false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true true false NY X William Foster 7182319800 2160 Mathews Avenue Suite-N Bronx NY 10462 X William Foster Executive Director 35.00 0.00 X X X 32561 116615 0 Amy Shebar Associate Executive Director 35.00 0.00 X 27441 93960 0 Donna Wellington Director for Finance and Administra 35.00 0.00 X 22346 77584 0 Christy Olsen Senior Director for Youth Services 35.00 0.00 X 19378 72560 0 Hazel Miura Director for Community Development 35.00 0.00 X 16806 57600 0 Michael J Reichgott President 0.00 0.00 X 0 0 0 John Johnson Treasurer 0.00 0.00 X 0 0 0 Lauren Roth Secretary 0.00 0.00 X 0 0 0 Malcom Gray Director for Economic Development 35.00 0.00 X 0 0 0 Erica Hutchek Director for Social Services 35.00 0.00 X 0 0 0 118532 418319 0 0 false false false 3629582 245835 3875417 Youth program fees 611710 495817 495817 495817 21655 21655 21655 Fiscal management fees 900001 74888 74888 Other revenues 900001 3716 3716 78604 4471493 574421 0 21655 2847752 2791881 55871 498495 483106 15389 277167 242470 33997 700 16569 6011 6920 3638 603140 485091 69456 48593 102661 15896 86765 11905 11905 43079 43079 Staff training 21999 21782 217 Gifts and donations 10266 9566 700 Penalties 8267 8267 Repairs and maintenance 2835 2581 254 40769 40769 4484904 4101463 330510 52931 9876 41531 1491054 2201562 199086 329395 336696 245078 426737 422397 16245 4340 647973 451374 2700930 3273280 276797 201878 153182 533378 487574 768058 917553 1503314 X 1783377 1769966 1783377 1769966 2700930 3273280 -13411 0 X false true X true false X 1532994 4038580 3837786 3916540 3897072 17222972 1532994 4038580 3837786 3916540 3897072 17222972 12601997 4620975 492000 36265 528265 17751237 136458 0.26030 0.24240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 140023 137945 2078 286714 284452 2262 4340 Other curent assets 2724 Right-of-use assets - net 359100 Security deposit 89550 451374 Line of credit 360000 Lease liabilities - current portion 83041 Lease liabilities - noncurrent port 325017 768058 X 4471493 4471493 4471493 4484904 4484904 4484904 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The Organization is unaware of any uncertain tax positions as of June 30, 2025 in accordance with ASC Topic 740, Income Taxes, which provides standards for establishing and classifying any tax provisions for uncertain tax positions. Cheerleading 21655 21655 21655 21655 21655 Amended return information Amendment due to audit adjustments made after the filing. Form 990 governing body review Part VI line 11 Fiscal Staff and the executive director review the 990 for accuracy, once verified that it is correct, it is presented to the Board of Directors for review. Conflict of interest policy compliance Part VI line 12c All board members are required to sign conflict of interest disclosures on an annual basis reflecting any other interest they may have a financial or non financial stake in. All board members are encouraged to disclose any personal, family, or organizational/financial interests. Based on board members disclosure of any personal, professional, or business interests, any matter or transaction before the board would be reviewed and in the event there was a matter before the board, this potential conflict would be identified and that director(s) would recuse themselves from any decision that could be of benefit to their other (non NIDC) interests. No NIDC transactions have benefited any board member, their family, or any organization affiliated with them or their family. CEO executive director top management comp Part VI line 15a Executive compensation is approved by NIDCs board of directors, all of whom are independent. Future changes to executive compensation will include concrete comparability data for organizations of similar size with the board deliberating and determining changes to compensation and documented in the minutes of the meeting of the board of directors. Other officer or key employee compensation Part VI line 15b Executive compensation is approved by NIDCs board of directors, all of whom are independent. Future changes to executive compensation will include concrete comparability data for organizations of similar size with the board deliberating and determining changes to compensation and documented in the minutes of the meeting of the board of directors. Form 990 availability to public Part VI line 18 A copy of Form 990 is posted on Guidestar and is available upon request. Governing documents etc available to public Part VI line 19 Governing documents and the conflict of interest policy are made available upon request. Financial statements are available on GuideStar and upon request. Part VII response or note to any other line in Part VII The Organization transitioned to a professional employer organization (PEO) in April of 2024 resulting in separate W2s Compensation for officers and key employees. Payroll taxes and W 2s are filed under StaffLinks EIN. Accordingly, amounts are reported in Column E of Part VII as compensation from a related organization, consistent with IRS instructions for PEO arrangements.