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Nonprofit · EIN 59-2669952

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

Tax-exempt · ORLANDO, FL 32801

Financials

$13M$10.7M2022$38.3M$62.3M2023$9.3M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,338,486$2,671,662$6,666,824$76,674,966$22,670,155$54,004,811
September 30, 2024990$38,324,780$62,345,230-$24,020,450$70,388,736$23,050,749$47,337,987
September 30, 2023990$13,001,377$10,712,323$2,289,054$98,597,532$27,239,095$71,358,437
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$102,870
of which government grants
$73,039
Program service revenue
$7,819,781
Investment income
$1,415,835
Other revenue
$0

Expenses

Grants and similar amounts paid
$53,257
Compensation of officers, directors and key employees
$113,248
Salaries, compensation and benefits (total)
$658,416
Professional fundraising fees
$0
Legal fees
$1,303
Accounting fees
$22,250
Occupancy
$15,495
Travel
$7,154
Depreciation
$212,017
Program services (functional)
$2,376,880
Management and general (functional)
$228,298
Fundraising (functional)
$66,484

Balance sheet and other

Total assets, start of year
$70,388,736
Total assets, end of year
$76,674,966
Total liabilities, end of year
$22,670,155
Net assets, end of year
$54,004,811
Land, buildings and equipment
$15,723,903
Net assets without donor restrictions
$54,004,811
Gross receipts
$9,338,486
Employees
22
Volunteers
47
Year formed
1985
State of legal domicile
FL

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 / weekCompensationOther / benefits
Alfred ArzuagaPresident
Officer
42$147,027$32,805
Victoria ScottVP of finance
Officer
42$154,913$7,406
Alexis CollinsVP of Resident Services
Officer
42$133,838$7,788
Ericka DunlapChair
Trustee or director, Officer
1$0$0
Cindy ColvinVice Chair
Trustee or director, Officer
1$0$0
Milton Carroll JrSecretary and Treasurer
Trustee or director, Officer
1$0$0
Ralph ArmsteadDirector
Trustee or director
1$0$0
Eddie BrownDirector
Trustee or director
1$0$0
Derek BurkeDirector
Trustee or director
1$0$0
Kimberly Pizarro CruzDirector
Trustee or director
1$0$0
Cathy SterbaDirector
Trustee or director
1$0$0
Craig RidingerDirector
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
Alfred ArzuagaPresident
Officer
42$139,966$31,151
Victoria ScottVP of finance
Officer
42$148,112$7,406
Alexis CollinsVP of Resident Services
Officer
42$127,732$7,962
Ericka DunlapChair
Trustee or director, Officer
1$0$0
Cindy ColvinVice Chair
Trustee or director, Officer
1$0$0
Milton Carroll JrSecretary and Treasurer
Trustee or director, Officer
1$0$0
Ralph ArmsteadDirector
Trustee or director
1$0$0
Eddie BrownDirector
Trustee or director
1$0$0
Derek BurkeDirector
Trustee or director
1$0$0
Kimberly Pizarro CruzDirector
Trustee or director
1$0$0
Cathy SterbaDirector
Trustee or director
1$0$0
Craig RidingerDirector
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
Alfred ArzuagaPresident
Officer
42$138,711$30,101
Victoria ScottVP of finance
Officer
42$145,739$7,287
Alexis CollinsVP of Resident Services
Officer
42$126,469$7,676
Ericka DunlapChair
Trustee or director, Officer
1$0$0
Cindy ColvinVice Chair
Trustee or director, Officer
1$0$0
Milton Carroll JrSecretary and Treasurer
Trustee or director, Officer
1$0$0
Ralph ArmsteadDirector
Trustee or director
1$0$0
Eddie BrownDirector
Trustee or director
1$0$0
Derek BurkeDirector
Trustee or director
1$0$0
Kimberly Pizarro CruzDirector
Trustee or director
1$0$0
Cathy SterbaDirector
Trustee or director
1$0$0
Craig RidingerDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
500 DELANEY AVE STE 303, ORLANDO, FL 32801-3858
Principal officer (990 for 2024)
Alfred Arzuaga, 500 Delaney Avenue Suite 303, Orlando, FL 32801
Signed the 990
Alfred Arzuaga, President
Phone
(407) 648-1623

Mission

ONIC's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration. This is achieved through the development and preservation of affordable housing, community engagement initiatives, and programs that support economic empowerment, environmental sustainability, and social equity. Our efforts are focused on enhancing the quality of life for all residents, particularly those in underserved and marginalized communities.

990 for the year ended December 31, 2024

Program accomplishments

  • ONIC directly operates 642 units of affordable rental housing and serves as the general partner of various entities which own an additional 829 units of affordable rental housing.
    Expenses $2,040,779 · revenue $1,908,714
  • ONIC's Resident Services supports its residents' housing stability through three core pillars: housing stability, asset building, and community building & engagement. From 10/1/2024 to 12/31/2024, Resident Services delivered a wide range of on-site activities across many ONIC communities, including tenant housing education, public benefits navigation, mobile food pantry distribution, financial literacy, job training, community and safety meetings, youth afterschool enrichment, access to health services, and resident leadership development. These efforts were all geared to support housing stability which resulted in 443 service interactions, reaching 451 unique individuals. Additionally, 47 volunteers contributed over 676 hours of service. Collectively, these activities work to keep residents stably housed and connected to resources that support housing retention and community stabilization.
    Expenses $203,128 · grants $2,000 · revenue $56,600
  • ONIC is an award winning leader in building and operating high quality affordable rental homes in Central Florida. Since 1989, ONIC has participated (as developer or partner) in 24 communities in Central Florida, representing 2856 residential units. During the reporting period, ONIC continued efforts associated with the development of two affordable housing properties.
    Expenses $132,973 · revenue $5,854,467

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, 2024Check at the IRS

IRS record

EIN
59-2669952
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)
$76,674,966
Income (IRS master file)
$9,338,486

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,338,486$2,671,662$76,674,966IRS
990September 2024$38,324,780$62,345,230$70,388,736XML
990September 2023$13,001,377$10,712,323$98,597,532XML
990September 2022$66,037,460$14,419,472$96,561,449IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 59-2669952).

Questions about ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

What is the EIN of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC?
The employer identification number (EIN) of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC is 59-2669952.
Is ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION 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 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION 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 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION 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 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC?
The 990 for the year ended December 31, 2024 names Alfred Arzuaga.
Who are the officers and directors of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $147,027 (Alfred Arzuaga, President).
How much revenue does ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,338,486, expenses of $2,671,662 and total assets of $76,674,966 at year end.

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