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Nonprofit · EIN 81-2782023

NEIGHBORHOOD STRATEGIES INC

Tax-exempt · MANHASSET, NY 11030

Financials

$0$1K2023
Revenue Expenses · by fiscal year end
Financials of NEIGHBORHOOD STRATEGIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$0$1,406-$1,406$0$22,505-$22,505
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$1,406

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$22,505
Net assets, end of year
-$22,505
Gross receipts
$0

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 December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
JOHN FOUGNERDIRECTOR0.5$0
SCOTT ARMSTRONGDIRECTOR0.5$0
KEVIN COONEYDIRECTOR0.5$0

Address and contacts

Address (IRS master file)
15 GAYNOR AVE APT 2E, MANHASSET, NY 11030-1901
Signed the 990-EZ
JOHN FOUGNER, PRESIDENT
Phone
(516) 662-8182
Return prepared by
HJK ADVISORS LLC

Mission

THE CHARITABLE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: (A)TO IMPROVE ECONOMIC CONDITIONS IN BLIGHTED AND BADLY DETERIORATED AREAS OF NEW YORK CITY, NEW YORK THROUGH THE DEVELOPMENT OF HOUSING AND COMMERCIAL DEVELOPMENT, AND THE CREATION OF EMPLOYMENT OPPORTUNITIES FOR LOW-INCOME AND UNEMPLOYED PERSONS IN SUCH UNDERUTILIZED AREAS; (B) TO STIMULATE ECONOMIC GROWTH IN DEPRESSED AREAS AND COMBAT UNEMPLOYMENT IN NEW YORK CITY; (C) TO STABILIZE SUCH BLIGHTED OR DEPRESSED COMMUNITIES; (D) TO COMBAT DETERIORATION IN SUCHBLIGHTED OR DEPRESSED COMMUNITIES; (E) TO FURTHER THE SOCIAL WELFARE OFSUCH BLIGHTED OR DEPRESSED COMMUNITIES; AND (F) TO IMPROVE ECONOMIC CONDITIONS IN SUCH BLIGHTED COMMUNITIES. THE CORPORATION, IN CARRYING OUT ITS PURPOSES, SHALL HAVE ALL THE POWERS GRANTED BY LAW TO A CORPORATION FORMED UNDER THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW, AND ANY LAWS AMENDATORY THEREOF OR SUPPLEMENTARY THERETO.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • IT IS ANTICIPATED THAT THE ORGANIZATION WILL RAISE FUNDING FROM VARIOUS SOURCES IN ORDER TO MAKE BELOW-MARKET, FLEXIBLE FINANCIAL PRODUCTS AVAILABLE TO HIGH-IMPACT PROJECTS LOCATED IN DISTRESSED COMMUNITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA. ADDITIONALLY, THE ORGANIZATION WILL LIAISE WITH OTHER NON-PROFITS AND ORGANIZATIONS IN ORDER TO PROVIDE WORKPLACE DEVELOPMENT AND JOB TRAINING TO RESIDENTS OF DISTRESSED COMMUNITIES, WITH THE GOAL OF ACHIEVING PERMANENT EMPLOYMENT AT PROJECTS THE ORGANIZATION PROVIDES FUNDING TO OR PARTNERS WITH.

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 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, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-2782023
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$0$1,406$0XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 81-2782023).

Questions about NEIGHBORHOOD STRATEGIES INC

What is the EIN of NEIGHBORHOOD STRATEGIES INC?
The employer identification number (EIN) of NEIGHBORHOOD STRATEGIES INC is 81-2782023.
Is NEIGHBORHOOD STRATEGIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to NEIGHBORHOOD STRATEGIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEIGHBORHOOD STRATEGIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEIGHBORHOOD STRATEGIES 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 STRATEGIES INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who are the officers and directors of NEIGHBORHOOD STRATEGIES INC?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does NEIGHBORHOOD STRATEGIES INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $0, expenses of $1,406 and total assets of $0 at year end.

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