GrantAuthority

Neighborhood Improvement Development Corporation Inc

Grantmaking foundation in Milwaukee, Wisconsin · EIN 23-7380888

Total giving
$150KTax year 2024
Total assets
$3.6MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

THE NEIGHBORHOOD IMPROVEMENT DEVELOPMENT CORPORATION (THE CORPORATION) IS A NONPROFIT CORPORATION ESTABLISHED BY THE CITY OF MILWAUKEE, WISCONSIN (THE CITY), TO PROMOTE REINVESTMENT IN BOTH HOUSING AND COMMERCIAL STRUCTURES WITHIN THE CITY. THE CORPORATION'S PROGRAMS ENCOURAGE PRIVATE LENDING INSTITUTIONS AND PROPERTY OWNERS TO MAKE IMPROVEMENTS TO THE COMMUNITY'S HOMES AND BUSINESSES. THE CORPORATION IS MANAGED BY A BOARD OF DIRECTORS MADE UP OF MEMBERS FROM THE PUBLIC AND PRIVATE SECTORS. THE CITY OF MILWAUKEE INCLUDES THE CORPORATION AS A COMPONENT UNIT ENTERPRISE FUND IN ITS COMPREHENSIVE ANNUAL FINANCIAL REPORT. THIS COMPONENT UNIT DESIGNATION IS BASED ON THE OVERSIGHT RESPONSIBILITIES AND FINANCIAL ACCOUNTABILITY OF THE CITY IN CONNECTION WITH THE GRANT PROGRAMS ADMINISTERED BY THE CORPORATION.

Quoted from the foundation's IRS filing.

Giving by year

$140K2021
$200K2022
$120K2023
$150K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Sustainable Development LLC$20K2022

Amounts are rounded. The full grantee list is available with a free account.

Website: city.milwaukee.gov/nidc

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.