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Nonprofit · EIN 86-0888028

NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · MESA, AZ 85203

Financials

$775$57K2022$448$2K2023$29K$5K2024
Revenue Expenses · by fiscal year end
Financials of NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$28,964$4,523$24,441$39,402$115,897-$76,495
June 30, 2024990-EZ$448$1,859-$1,411$43,366$144,302-$100,936
June 30, 2023990-EZ$775$57,387-$56,612$51,619$151,144-$99,525
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,730
Investment income
$335
Other revenue
$2,899

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$1,498
Other expenses
$3,025
Program services (functional)
$3,053

Balance sheet and other

Total assets, start of year
$43,366
Total assets, end of year
$39,402
Total liabilities, end of year
$115,897
Net assets, end of year
-$76,495
Cash, savings and investments
$28,738
Gross receipts
$28,964

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANNE BENNETT-PEREZBOARD MEMBER0.1$0
BETTY LYNCHBOARD MEMBER0.1$0
BRIAN MILLERBOARD MEMBER0.1$0
CHRIS TRENDLERBOARD MEMBER0.1$0
CHRISTINA WORDENBOARD MEMBER0.1$0
CLARK RICHTERBOARD MEMBER0.1$0
DAVID WOOLSTRUMBOARD MEMBER0.1$0
DAVID DUNLEVYBOARD MEMBER0.1$0
ELIZABETH ANNE HILLBOARD MEMBER0.1$0
ERIC MATTHIASBOARD MEMBER0.1$0
FRANKLIN BENNETTBOARD MEMBER0.1$0
JACK BIGGSBOARD MEMBER0.1$0
990-EZ for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
FRANK BENNETTBOARD MEMBER0.1$0
ANNE BENNETT-PEREZBOARD MEMBER0.1$0
JACK BIGGSBOARD MEMBER0.1$0
KIM BUTLER PERRYBOARD MEMBER0.1$0
LISA CAPRIOTTIBOARD MEMBER0.1$0
DAVID DUNLEVYBOARD MEMBER0.1$0
MALCOLM GREENBOARD MEMBER0.1$0
RENEE HIGGSBOARD MEMBER0.1$0
ELIZABETH HILLBOARD MEMBER0.1$0
MICHAEL HUTCHINSONBOARD MEMBER0.1$0
BETTY LYNCHBOARD MEMBER0.1$0
ERIC MATTHIASBOARD MEMBER0.1$0
990-EZ for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
MICHAEL HUGHESCEO0.25$0
CATHERINE DYCIEWSKICAO0.25$0
CONSTANCE ORRCOO0.25$0
KATHLEEN DINOLFICPO0.25$0
JOSEPH DULINCPO0.25$0
WILLIAM SCOTTCHAIR0.1$0
TYLER ABRAHAMSVICE CHAIR0.1$0
CAROLYN IACOBELLITREASURER0.1$0
REBECCA LINDRENSECRETARY (RESIGNED)0.1$0
DEB SMITHBOARD MEMBER0.1$0
CHRISTINA WORDENBOARD MEMBER0.1$0
RENEE HIGGSBOARD MEMBER0.1$0

Address and contacts

Address (IRS master file)
868 E UNIVERSITY DR, MESA, AZ 85203-8033
In care of
% TERRY BENELLI EXECUTIVE DIRECTOR
Signed the 990-EZ
CASSANDRA IRBY, CFO
Phone
(480) 969-4024
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO FINANCE ECONOMIC DEVELOPMENT INITIATIVES IN LOW/MODERATE INCOME NEIGHBORHOODS IN ARIZONA.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • THE NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES BUSINESS LOANS, TRAINING, TECHNICAL ASSISTANCE AND FINANCIAL SUPPORT WITHIN TARGETED AREAS OF THE COMMUNITY. NEDCO COLLABORATES AND PARTNERS WITH LOCAL MUNICIPALITIES, BUSINESSES, DEVLOPERS AND OTHER INSITUTIONS TO MEET COMMUNITY DEVELOPMENT GOALS IN THE METRO AREA. THIS FUNDING CONTINUES TO PROVE SUCCESSFUL IN CREATING EMPLOYMENT OPPORTUNITIES FOR LOW TO MODERATE INCOME INDIVIDUALS.
    Expenses $3,053

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
86-0888028
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
1998
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$39,402
Income (IRS master file)
$28,964

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$28,964$4,523$39,402IRS
990-EZJune 2024$448$1,859$43,366IRS
990-EZJune 2023$775$57,387$51,619XML
990June 2022$249,787$3,321$155,342IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 86-0888028).

Questions about NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION is 86-0888028.
Is NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION?
The 990-EZ for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does NEIGHBORHOOD ECONOMIC DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $28,964, expenses of $4,523 and total assets of $39,402 at year end.

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