Our Neighborhoods Empowered is located in Elgin, IL. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Neighborhoods Empowered 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 12/2023, Our Neighborhoods Empowered generated $59.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $57.9k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY GYM FOR EXERCISE AND ATHLETIC TRAINING, AND COMMUNITY EVENT CENTER TOTAL OF 733 MEMBERS THROUGH 2023
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Marcus Banner Director | 28 | $0 | |
| Tammy Banner Director | 1 | $0 | |
| Daryl Anderson Director | 1 | $0 | |
| Meghann Caspers Treasurer | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,835 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $23,154 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $58,989 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $1,174 | 
| Occupancy, rent, utilities, and maintenance | $42,090 | 
| Printing, publications, postage, and shipping | $1,898 | 
| Other expenses | $12,712 | 
| Total expenses | $57,874 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,454 | 
| Other assets | $0 | 
| Total assets | $6,454 | 
| Total liabilities | $19,000 | 
| Net assets or fund balances | -$12,546 |