Neighboorhood Allies Inc

Organization Overview

Neighboorhood Allies Inc, operating under the name Neighborhood Allies, is located in Pittsburgh, PA. The organization was established in 1988. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Neighborhood Allies employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Allies 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 12/2021, Neighborhood Allies generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 17.2% per year over the past 7 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.

Since 2016, Neighborhood Allies has awarded 168 individual grants totaling $6,924,600. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.NEIGHBORHOOD ALLIES IS DEDICATED TO HELPING COMMUNITY RESIDENTS, ORGANIZATIONS AND PARTNERS TRANSFORM DISTRESSED NEIGHBORHOODS INTO HEALTHY AND SUSTAINABLE COMMUNITIES OF CHOICE AND OPPORTUNITY BY IMPROVING THEIR SOCIAL AND PHYSICAL INFRASTRUCTURE. THIS IS DONE BY CREATING COMMUNITY PARTNERSHIPS, CONNECTING DISTRESSED AND TRANSITIONING COMMUNITIES WITH VALUED AND VETTED RESOURCED, AND COMMUNICATING AND CELEBRATING PROGRESS AND SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REAL ESTATE ACCELERATOR: THE GOAL OF THIS PROGRAM IS TO REVITALIZE NEIGHBORHOODS BY CO-CREATING REAL ESTATE SOLUTIONS THAT ARE RESIDENT FOCUSED AND IMPACT AFFORDABLE HOUSING, SMALL BUSINESSES, AND PLACEMAKING EFFORTS. THROUGH THIS PROGRAM WE PROVIDE CAPITAL, TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND CONNECTIONS WITH EXPERIENCED REAL-ESTATE PROFESSIONALS WHO CAN ASSIST WITH STRATEGY, COORDINATION, MENTORSHIP AND COACHING. THE ACCELERATOR FOCUSES ON COMMUNITY-BASED ORGANIZATIONS, RESIDENT DEVELOPERS, AND SMALL BUSINESS OWNERS WITH THE GOAL OF CREATING MORE OPPORTUNITIES FOR COMMUNITY OWNERSHIP IN BLACK AND BROWN COMMUNITIES, AS WELL AS A PIPELINE OF INVESTABLE PROJECTS.


RISE HIGH GRANT PARTNERSHIP PROGRAM: THIS PROGRAM PROVIDES GRANTS OF $1,000 TO $75,000 TO COMMUNITY-BASED ORGANIZATIONS, NONPROFITS, AND COLLABORATIVES TO SUPPORT THE EQUITABLE AND INCLUSIVE REVITALIZATION OF OUR COMMUNITIES THROUGH TRUST-BASED PARTNERSHIPS. THE PROGRAM IS OPEN TO NONPROFIT ORGANIZATIONS AND PARTNERSHIPS SERVING LOW-TO-MODERATE INCOME POPULATIONS IN THE PITTSBURGH AREA BUT PRIORITIZED FOR OUR GEOGRAPHIES OF FOCUS.


VERIZON COMMUNITY INITIATIVE: THE VERIZON INITIATIVE WORKS PARALLEL WITH OUR DIGITAL INCLUSION PROGRAM IN THAT IT'S FUNDING PURPOSE IS TO BUILD DIGITAL INCLUSION CENTERS IN UNDER-RESOURCED NEIGHBORHOODS THAT WILL BE DEDICATED TO PROVIDING COMPUTER LITERACY PROGRAMS AND EDUCATIONAL OPPORTUNITIES TO ASSIST RESIDENTS IN ACHIEVING A HIGHER QUALITY OF LIFE.


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Board, Officers & Key Employees

Name (title)Compensation
Presley Gillespie
President
$189,570
Matt Madia
Director Of Real Estate
$123,280
Stephanie Chernay
Cheif Operating Officer
$121,986
Sallyann Kluz
Chairperson
$0
Carolina Pais-Barreto Thor
Vice Chair
$0
David Serafini
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$212,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,111,786
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,323,786
Total Program Service Revenue$469,890
Investment income $184,239
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 $5,002,957

Grants Awarded

Over the last fiscal year, Neighboorhood Allies Inc has awarded $661,275 in support to 24 organizations.

Grant RecipientAmount

CATAPULT GREATER PITTSBURGH

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$75,000

COMMUNITY EMPOWERMENT ASSOCIATION

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$75,000

HILL DISTRICT FCU

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$75,000

Wilkinsburg, PA

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$75,000

THE CENTER THAT CARES

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$75,000

OAKLAND PLANNING & DEV CORP

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Neighboorhood Allies Inc has recieved totaling $2,973,183.

Awarding OrganizationAmount
Hillman Family Foundations

Pittsburgh, PA

PURPOSE: WORKING CAPITAL FOR LONG-TERM SUSTAINABILITY

$350,000
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO ASSIST PITTSBURGH-BASED BLACK REAL ESTATE DEVELOPERS ADVANCE PROJECTS BY PROVIDING CREDIT ENHANCEMENT

$300,000
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO ASSIST PITTSBURGH-BASED BLACK REAL ESTATE DEVELOPERS ADVANCE PROJECTS BY PROVIDING CREDIT ENHANCEMENT

$300,000
Hillman Family Foundations

Pittsburgh, PA

PURPOSE: LEVELS REHABILITATION OF HOMES FOR RESALE IN MCKEES ROCKS

$250,000
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO IMPLEMENT A STRATEGIC PLAN TO SUPPORT HUMAN CAPITAL MANAGEMENT AND BUILD INTERNAL CAPACITY

$250,000
Richard King Mellon Foundation Dtd 01-01-47

Pittsburgh, PA

PURPOSE: TO IMPLEMENT A STRATEGIC PLAN TO SUPPORT HUMAN CAPITAL MANAGEMENT AND BUILD INTERNAL CAPACITY

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,979,001
Earnings$1,192,090
Admin Expense$51,220
Other Expense$448,949
Ending Balance$9,670,922

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