NEIGHBORHOOD COMMUNITY DEVELOPMENT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

MARK MASTERSON

Phone

4123220290

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $5.3M in total revenue in fiscal year 2024. The organization ran a surplus of $2.2M, a strong 41% operating margin.

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 Service Accomplishments

Program 1

Expenses: $2,539,791 Revenue: $1,259,784

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...

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)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,986,852

Program Service Revenue $1,259,784

Investment Income $40,489

Other Revenue $28,898

TOTAL REVENUE $5,316,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,282,396

Fundraising Expenses $304,665

Program Expenses $2,539,791

Other Expenses $1,875,813

TOTAL EXPENSES $3,158,209

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,316,023	$5,194,321	+0.0%
Expenses	$3,158,209	$3,197,460	0.0%
Net Income	$2,157,814	$1,996,861	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$219,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK MASTERSON	EXECUTIVE DI	40.00	Officer	$200,000	$19,500	$219,500
DEBBIE REED JOINED 92024	BOARD MEMBER	1.00	Director	$0	$0	$0
ISAAC FALVEY JOINED 92024	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA HANSEN JOINED 92024	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK NUSSBAUM JOINED 92024	BOARD MEMBER	1.00	Director	$0	$0	$0
JEROME JACKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTER NARDUCCI	CHAIR	1.00	Officer Director	$0	$0	$0
ALAN D PERRY	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM ROLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
DORRIE SMITH-RICHIE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEREK UBER	TREASURER	1.00	Officer Director	$0	$0	$0
KEITH WEHNER	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN WILES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BOBBY WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,316,023	$3,158,209	$24,719,044	$2,157,814
2023	$5,194,321	$3,197,460	$23,189,829	$1,996,861
2022	$1,987,923	$1,685,371	$15,179,709	$302,552
2021	$1,834,104	$1,013,143	$10,587,912	$820,961
2020	$1,898,319	$1,472,442	$10,237,210	$425,877
2019	$791,853	$747,868	$9,120,488	$43,985
2018	$1,106,089	$897,416	$8,307,984	$208,673

NEIGHBORHOOD COMMUNITY DEVELOPMENT FUND