Dudley Street Neighborhood Initiative Inc
- Assets
- $1.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Roxbury, MA
- Founding
- 12/1986
- Data as of
- 06/2021
- EIN
- 04-2859066
Organization Overview
Dudley Street Neighborhood Initiative Inc is located in Roxbury, MA. The organization was established in 1986. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Dudley Street Neighborhood Initiative Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dudley Street Neighborhood Initiative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Dudley Street Neighborhood Initiative Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dudley Street Neighborhood Initiative Inc has awarded 102 individual grants totaling $3,788,153. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER DUDLEY RESIDENTS TO ORGANIZE, PLAN FOR, CREATE AND CONTROL A VIBRANT, DIVERSE AND HIGH QUALITY NEIGHBORHOOD IN COLLABORATION WITH COMMUNITY PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE ECONOMIC DEVELOPMENT ENGAGES RESIDENTS, COMMUNITY PARTNERS AND OTHER STAKEHOLDERS IN PLANNING AND CONTROLLING THE PHYSICAL AND ECONOMIC DEVELOPMENT OF THE NEIGHBORHOOD IN ORDER TO MOVE TOWARDS THE VISION OF A VIBRANT AND THRIVING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lloyd Former Executive Director | Officer | 20 | $60,535 |
Jeffrey Paquette Chief Financial Officer | Officer | 10 | $48,000 |
John Smith Executive Director | Officer | 36 | $30,602 |
Robert Haas Clerk | OfficerTrustee | 1 | $0 |
Keila Barros Chair | OfficerTrustee | 1 | $0 |
Laura Papia Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $184,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,406,285 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,591,130 |
| Total Program Service Revenue | $7,863 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,598,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,112 |
| Grants and other assistance to domestic individuals. | $157,910 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,774 |
| Compensation of current officers, directors, key employees. | $103,627 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,127 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,175 |
| Payroll taxes | $47,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,666 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,667 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,070 |
| Advertising and promotion | $0 |
| Office expenses | $16,032 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,936 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,603 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,182 |
| Insurance | $4,178 |
| All other expenses | $0 |
| Total functional expenses | $1,024,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $814,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,097,652 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,077 |
| Net Land, buildings, and equipment | $21,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,937,118 |
| Accounts payable and accrued expenses | $81,160 |
| Grants payable | $0 |
| Deferred revenue | $5,942 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $345,790 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $755,156 |
| Total liabilities | $1,188,048 |
| Net assets without donor restrictions | $133,138 |
| Net assets with donor restrictions | $615,932 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,937,118 |
Grants Awarded
Over the last fiscal year, Dudley Street Neighborhood Initiative Inc has awarded $96,112 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Roxbury, MA PURPOSE: CAPACITY BUILDING | $56,112 |
Highland Park, MI PURPOSE: CAPACITY BUILDING | $16,000 |
Brookline, MA PURPOSE: CAPACITY BUILDING | $10,000 |
HIGHLAND PARK COMMUNITY LAND TRUST INC PURPOSE: CAPACITY BUILDING | $7,000 |
Somerville, MA PURPOSE: CAPACITY BUILDING | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Dudley Street Neighborhood Initiative Inc has recieved totaling $985,149.
| Awarding Organization | Amount |
|---|---|
Liberty Mutual Foundation Inc Boston, MA PURPOSE: COVID-19 PHASE III RESPONSE (2021) - EVICTION PREVENTION, MA IMMIGRANT COLLABORATIVE | $250,000 |
Rian Immigrant Center Inc Boston, MA PURPOSE: SUPPORT AND ASSISTANCE TO IMMIGRANT COMMUNITIES ACROSS MASSACHUSETTS DURING COVID-19 PANDEMIC | $214,535 |
Kresge Foundation Troy, MI PURPOSE: OPERATING SUPPORT TO CONTINUE TO BOLSTER DUDLEY STREET NEIGHBORHOOD INITIATIVE'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. | $200,000 |
Kresge Foundation Troy, MI PURPOSE: OPERATING SUPPORT TO CONTINUE TO BOLSTER DUDLEY STREET NEIGHBORHOOD INITIATIVE'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. | $100,000 |
The Hyams Foundation Inc Boston, MA PURPOSE: BOSTON COMMUNITY LAND TRUST NETWORK PANEL AND GENERAL SUPPORT | $65,500 |
Nord Family Foundation Amherst, OH PURPOSE: CONTINUED SUPPORT OF DEVELOPMENT WITHOUT DISPLACEMENT PROGRAM | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provport Inc Providence, RI | $45,314,013 | $11,716,204 |
Homestart Inc Boston, MA | $5,713,584 | $14,864,192 |
The Community Action Agency Of Western Connecticut Inc Danbury, CT | $3,614,776 | $12,103,732 |
Massachusetts Manufacturing Extension Partnership Inc Auburn, MA | $5,456,400 | $10,807,956 |
Greater Jamaica Development Corp Jamaica, NY | $43,416,674 | $8,397,998 |
South Bronx Overall Economic Development Corporation Bronx, NY | $11,273,834 | $9,485,057 |
Dorchester Bay Economic Development Corporation Dorchester, MA | $50,118,730 | $16,286,134 |
National Basketball Association Foundation New York, NY | $26,984,536 | $31,000,000 |
Rdc Commercial Center Inc Brooklyn, NY | $15,313,985 | $4,091,889 |
Grow America Fund Inc Brooklyn, NY | $143,748,091 | $12,181,976 |
Upper Manhattan Empowerment Zone Development Corporation New York, NY | $90,632,786 | $3,433,188 |
Hester Street Collaborative Inc New York, NY | $3,142,438 | $5,168,829 |