Nehda Inc
- Assets
- $628.3k
- Revenue
- $325.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Syracuse, NY
- Founding
- 03/1979
- Data as of
- 04/2023
- EIN
- 16-1117485
Organization Overview
Nehda Inc is located in Syracuse, NY. The organization was established in 1979. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2023, Nehda Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nehda 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 04/2023, Nehda Inc generated $325.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $278.5k during the year ending 04/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEHDA (NORTHEAST HAWLEY DEVELOPMENT ASSOCIATION) IS A NEIGHBORHOOD PRESERVATION COMPANY THAT WAS ORGANIZED FOR THE PURPOSE OF EXERCISING, PROMOTING AND PROTECTING THE PRIVILEGES AND THE INTERESTS OF THE NORTHEAST SIDE OF THE CITY OF SYRACUSE; TO FOSTER A HEALTHY INTEREST IN THE DEVELOPMENT OF THE COMMUNITY; TO DEVELOP GOOD CITIZENSHIP; AND TO INQUIRE INTO SOCIAL AND CIVIC ABUSES AND TO SEEK INFORMATION THEREOF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXERCISING, PROMOTING AND PROTECTING THE PRIVILEGES AND INTERESTS OF THE THE NORTHEAST SIDE OF THE CITY OF SYRACUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Link Logan Board President | OfficerTrustee | 5 | $0 |
Christopher Bianchi Treasurer | OfficerTrustee | 5 | $0 |
Elizabeth Wierbinski Board Engagement Cordinato | Trustee | 2 | $0 |
Glen Le Board Member | Trustee | 2 | $0 |
Ann Horan Secretary | Trustee | 2 | $0 |
Jeffrey Gorney Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $205,349 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,019 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,368 |
| Total Program Service Revenue | $38,082 |
| 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 | $325,450 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,600 |
| Compensation of current officers, directors, key employees. | $6,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,052 |
| Pension plan accruals and contributions | $22,043 |
| Other employee benefits | $0 |
| Payroll taxes | $15,064 |
| Fees for services: Management | $3,975 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,768 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,242 |
| Interest | $3,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,395 |
| Insurance | $4,929 |
| All other expenses | $3,900 |
| Total functional expenses | $278,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,479 |
| Savings and temporary cash investments | $168,523 |
| Pledges and grants receivable | $142,554 |
| 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 | $17,786 |
| Net Land, buildings, and equipment | $212,977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $628,319 |
| Accounts payable and accrued expenses | $26,562 |
| Grants payable | $0 |
| Deferred revenue | $68,406 |
| 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 | $117,228 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $212,196 |
| Net assets without donor restrictions | $416,123 |
| Net assets with donor restrictions | $0 |
| 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 | $628,319 |