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Nonprofit · EIN 34-1485111

NEIGHBORHOOD DEVELOPMENT SERVICES INC

Tax-exempt · RAVENNA, OH 44266

Financials

$17.2M$17.1M2023$12.1M$12M2024
Revenue Expenses · by fiscal year end
Financials of NEIGHBORHOOD DEVELOPMENT SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,143,785$12,032,867$110,918$45,264,354$24,192,897$21,071,457
December 31, 2023990$17,157,604$17,066,425$91,179$45,562,805$24,602,225$20,960,580
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,305,416
of which government grants
$1,305,416
Program service revenue
$10,540,198
Investment income
$88,863
Other revenue
$209,308

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$371,594
Other salaries and wages
$1,992,729
Salaries, compensation and benefits (total)
$3,091,961
Professional fundraising fees
$0
Legal fees
$7,274
Accounting fees
$229,209
Occupancy
$13,939
Travel
$42,808
Depreciation
$535,760
Program services (functional)
$10,719,402
Management and general (functional)
$1,313,465

Balance sheet and other

Total assets, start of year
$45,562,805
Total assets, end of year
$45,264,354
Total liabilities, end of year
$24,192,897
Net assets, end of year
$21,071,457
Land, buildings and equipment
$11,099,536
Net assets without donor restrictions
$11,445,162
Net assets with donor restrictions
$9,626,295
Gross receipts
$12,143,785
Employees
29
Volunteers
9
Year formed
1985
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STACY BROWNEXECUTIVE DIRECTOR
Officer
40$141,884
MIKE BOGODEPUTY DIRECTOR
Officer
40$123,743
KAITLYN MCNERNEYCHIEF FINANCIAL OFFICER
Officer
40$103,998
JEFF MILLSCHAIR
Trustee or director, Officer
1$0
RENEE BOOHERVICE CHAIR
Trustee or director, Officer
1$0
RODNEY MISHLERTREASURER
Trustee or director, Officer
1$0
BARB WENSELSECRETARY
Trustee or director, Officer
1$0
HEIDI KOVACHMEMBER
Trustee or director
1$0
DONNA KOVOLYANMEMBER
Trustee or director
1$0
SHIRLEY CAPPARELLMEMBER
Trustee or director
1$0
BEN GREENBERGMEMBER
Trustee or director
1$0
RYAN WAGONERMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
STACY BROWNEXECUTIVE DIRECTOR
Officer
40$135,396
MIKE BOGODEPUTY DIRECTOR
Officer
40$119,175
JEFF MILLSCHAIR
Trustee or director, Officer
1$0
RENEE BOOHERVICE CHAIR
Trustee or director, Officer
1$0
RODNEY MISHLERTREASURER
Trustee or director, Officer
1$0
BARB WENSELSECRETARY
Trustee or director, Officer
1$0
HEIDI KOVACHMEMBER
Trustee or director
1$0
DONNA KOVOLYANMEMBER
Trustee or director
1$0
SHIRLEY CAPPARELLMEMBER
Trustee or director
1$0
BEN GREENBERGMEMBER
Trustee or director
1$0
RYAN WAGONERMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
120 E MAIN ST, RAVENNA, OH 44266-3104
Principal officer (990 for 2024)
STACY BROWN, 120 E MAIN ST, RAVENNA, OH 44266
Signed the 990
STACY BROWN, EXECUTIVE DIRECTOR
Phone
(330) 297-6400
Return prepared by
EAG AFFORDABLE HOUSING LLC

Mission

TO REVITALIZE NEIGHBORHOODS AND COMMUNITIES, PRIMARILY FOR THE BENEFIT OF LOW AND MODERATE-INCOME HOUSEHOLDS THROUGH THE STATEWIDE PROVISION AND / OR PROMOTION OF AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT, JOB CREATION, AND ADDICTION AND RECOVERY SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE HOUSING DEVELOPMENTNDS STRIVES TO CONSTRUCT AND REHABILITATE AFFORDABLE HOUSING THROUGHOUT NORTHEAST OHIO, WEST VIRGINIA, AND MICHIGAN. THIS DEVELOPMENT TARGETS SINGLE FAMILY, MULTI-FAMILY, AND SENIOR HOUSING THROUGHOUT OUR SERVICE AREA.
    Expenses $4,019,309 · revenue $4,898,817
  • HOMEOWNERSHIP PRESERVATION (GRANT CONSULTING AND IMPLEMENTATION OF HOUSING REHAB-GRANTS)NDS ADMINISTERS HOUSING GRANTS FOR SEVERAL COMMUNITIES THROUGHOUT NORTHEAST OHIO. THROUGH THE USE OF GRANT FUNDS, NDS WORKS TO PROVIDE AFFORDABLE SOLUTIONS TO AREA HOMEOWNERS TO REHABILITATE THEIR HOMES, TO HELP IMPROVE THEIR QUALITY OF LIFE, AND IMPROVE THE COMMUNITY'S HOUSING STOCK.
    Expenses $2,146,310 · revenue $2,226,610
  • COMMUNITY DEVELOPMENTNDS STRIVES TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT THROUGH MULTI-DISCIPLINE ART AND JOB-CREATION.
    Expenses $2,620,466 · revenue $2,649,577
  • REVOLVING LOAN FUNDS AND OTHER NDS ADMINISTERS A REVOLVING LOAN FUND AND SERVICES THE SUBSEQUENT LOANS RELATED TO HOUSING ACQUISTION, COMMUNITY DEVELOPMENT, ECONOMIC DEVELOPMENT, AND HOUSING REHABILITATION PROJECTS.OTHER PROJECTSVARIOUS PROJECTS AND PROGRAM SERVICE ACTIVITIES ARE UNDERTAKEN TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.
    Expenses $1,933,317 · revenue $974,502

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1485111
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$45,264,354
Income (IRS master file)
$12,143,785

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,143,785$12,032,867$45,264,354XML
990December 2023$17,157,604$17,066,425$45,562,805XML
990December 2022$12,047,795$11,215,331$46,170,067IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1485111).

Questions about NEIGHBORHOOD DEVELOPMENT SERVICES INC

What is the EIN of NEIGHBORHOOD DEVELOPMENT SERVICES INC?
The employer identification number (EIN) of NEIGHBORHOOD DEVELOPMENT SERVICES INC is 34-1485111.
Is NEIGHBORHOOD DEVELOPMENT SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to NEIGHBORHOOD DEVELOPMENT SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEIGHBORHOOD DEVELOPMENT SERVICES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEIGHBORHOOD DEVELOPMENT SERVICES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEIGHBORHOOD DEVELOPMENT SERVICES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEIGHBORHOOD DEVELOPMENT SERVICES INC?
The 990 for the year ended December 31, 2024 names STACY BROWN.
Who are the officers and directors of NEIGHBORHOOD DEVELOPMENT SERVICES INC?
The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $141,884 (STACY BROWN, EXECUTIVE DIRECTOR).
How much revenue does NEIGHBORHOOD DEVELOPMENT SERVICES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,143,785, expenses of $12,032,867 and total assets of $45,264,354 at year end.

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