EIN 56-2317858

Neighborhood Capital Institute

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2003
Most recent tax filings
2022-12-01
Description
Neighborhood Capital Institute provides ongoing development advisory services to Michigan City, Indiana, with a specific focus on collaborating with a railroad, FTA, and private developers for the creation of a new regional transit hub. The organization is based in Chicago, IL.
Total revenues
$94,983
2022
Total expenses
$62,292
2022
Total assets
$56,818
2022
Num. employees
1
2021

Program areas at Neighborhood Capital Institute

On-going development advisory services to Michigan City, Indiana including focus on a public-private partnership with a railroad, FTA and private developers for a new regional transit hub
NCI received a grant of 50,000 for researdh and organizational planning from the Mansueto Foundation to explore interest of regional statkeholders in the Greater South Shore Initiative.

Who funds Neighborhood Capital Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mansueto FoundationGeneral Support$50,000

Personnel at Neighborhood Capital Institute

NameTitleCompensation
Ruth A WuorenmaPresident$115,000
Kitty FreidheimDirector and Secretary / Director Secretary$0
Ruth A Wuorenma PresidentPresident

Financials for Neighborhood Capital Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$94,983
Investment income and dividends$0
Tax-exempt bond proceeds
Royalty revenue
Net rental income
Net gain from sale of non-inventory assets$0
Net income from fundraising events
Net income from gaming activities
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$94,983

Form 990s for Neighborhood Capital Institute

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-10990View PDF
2020-122021-08-08990EZView PDF
2019-122020-08-26990EZView PDF
2018-122019-10-30990EZView PDF
2017-122018-12-22990EZView PDF
...and 7 more Form 990s
Data update history
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Mansueto Foundation
July 1, 2022
Posted financials
Added Form 990EZ for fiscal year 2020
June 29, 2022
Posted financials
Added Form 990EZ for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990EZ for fiscal year 2018
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedManagement and technical assistanceTax deductible donationsNo full-time employees
General information
Address
47 W Polk St - 573 Suite 100
Chicago, IL 60605
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Phone
(312) 218-8136
IRS details
EIN
56-2317858
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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