Nonprofit · EIN 25-1855490
NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND
Tax-exempt · PITTSBURGH, PA 15212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,316,023 | $3,158,209 | $2,157,814 | $24,719,044 | $15,042,107 | $9,676,937 |
| December 31, 2023 | 990 | $5,194,321 | $3,197,460 | $1,996,861 | $23,189,829 | $15,441,530 | $7,748,299 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,986,852
- of which government grants
- $1,544,128
- Program service revenue
- $1,259,784
- Investment income
- $40,489
- Net income from fundraising events
- $28,306
- Other revenue
- $28,898
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $219,501
- Other salaries and wages
- $837,977
- Salaries, compensation and benefits (total)
- $1,282,396
- Professional fundraising fees
- $0
- Legal fees
- $33,492
- Accounting fees
- $186,233
- Occupancy
- $45,878
- Travel
- $18,932
- Depreciation
- $39,814
- Program services (functional)
- $2,539,791
- Management and general (functional)
- $313,753
- Fundraising (functional)
- $304,665
Balance sheet and other
- Total assets, start of year
- $23,189,829
- Total assets, end of year
- $24,719,044
- Total liabilities, end of year
- $15,042,107
- Net assets, end of year
- $9,676,937
- Land, buildings and equipment
- $88,171
- Publicly traded securities
- $10,000
- Net assets without donor restrictions
- $9,572,618
- Net assets with donor restrictions
- $104,319
- Gross receipts
- $5,338,817
- Employees
- 13
- Volunteers
- 23
- Year formed
- 2000
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK MASTERSON | EXECUTIVE DI Officer | 40 | $200,000 | $19,500 |
| DEBBIE REED JOINED 92024 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ISAAC FALVEY JOINED 92024 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LINDA HANSEN JOINED 92024 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK NUSSBAUM JOINED 92024 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEROME JACKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WALTER NARDUCCI | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALAN D PERRY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM ROLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DORRIE SMITH-RICHIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEREK UBER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEITH WEHNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN WILES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BOBBY WILSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK MASTERSON | EXECUTIVE DI Officer | 40 | $170,000 | $19,283 |
| MARGARET ELDRIDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEROME JACKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WALTER NALDUCCI | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALAN D PERRY | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| WILLIAM ROLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DORRIE SMITH-RICHIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEREK UBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEITH WEHNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN WILES | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BOBBY WILSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 922 MIDDLE ST, PITTSBURGH, PA 15212-7200
- Principal officer (990 for 2024)
- MARK MASTERSON, 3923 PERRYSVILLE AVENUE, PITTSBURGH, PA 15214
- Signed the 990
- MARK MASTERSON, EXECUTIVE DIRECTOR
- Phone
- (412) 322-0290
- Website
- WWW.NCD-FUND.ORG
- Return prepared by
- ZELENKOFSKE AXELROD LLC
Mission
NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND IS DEDICATED TO SUPPORTING FINANCIAL SUCCESS OF SMALL BUSINESSES AND COMMUNITY DEVELOPMENT PROJECTS IN THE LOW AND MODERATE INCOME NEIGHBORHOODS OF (CONTINUED ON SCHEDULE O)
Program accomplishments
- NCDF PROVIDED FINANCING TO 100 SMALL BUSINESSES AND COMMUNITY DEVELOPMENT PROJECTS IN 2024 THROUGH LOANS; NCDF'S TECHNICAL ASSISTANCE PROGRAMS SERVED 588 INDIVIDUALS AND BUSINESSES. THE TOTAL PORTFOLIO OF LOANS OUTSTANDING REACHED 294 LOANS, OF WHICH 45% WERE TO LOW AND VERY LOW INCOME BORROWERS, AND THE REMAINDER WERE TO BUSINESS OWNERS AND COMMUNITY ORGANIZATIONS INVESTING IN THEIR LOCAL COMMUNITIES IN PITTSBURGH AND ALLEGHENY COUNTY. NCDF OFFERS FLEXIBLE FINANCING TERMS AND SUPPORTS ITS BORROWERS WITH TECHNICAL ASSISTANCE THAT IS INTENDED TO INCREASE THE CHANCES OF THEIR SUCCESS- WHETHER THAT IS FOR A GROWING SMALL BUSINESS, AN AFFORDABLE HOUSING PROJECT OR A COMMUNITY FACILITY. OVER ITS 24 YEAR HISTORY, NCDF HAS PROVIDED 613 LOANS TOTALING MORE THAN (CONTINUED ON SCHEDULE O)Expenses $2,539,791 · revenue $1,259,784
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 25-1855490
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $24,719,044
- Income (IRS master file)
- $5,338,817
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,316,023 | $3,158,209 | $24,719,044 | XML |
| 990 | December 2023 | $5,194,321 | $3,197,460 | $23,189,829 | XML |
| 990 | December 2022 | $1,987,923 | $1,685,371 | $15,179,709 | IRS |
| 990 | December 2021 | $1,834,104 | $1,013,143 | $10,587,912 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 25-1855490).
Questions about NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND
- What is the EIN of NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND?
- The employer identification number (EIN) of NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND is 25-1855490.
- Is NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND 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 COMMUNITY DEVELOPMENT FUND 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 COMMUNITY DEVELOPMENT FUND 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 COMMUNITY DEVELOPMENT FUND?
- The 990 for the year ended December 31, 2024 names MARK MASTERSON.
- Who are the officers and directors of NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $200,000 (MARK MASTERSON, EXECUTIVE DI).
- How much revenue does NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,316,023, expenses of $3,158,209 and total assets of $24,719,044 at year end.
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