Montclair Neighborhood Development Corp

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Our Mission is to empower and support disadvantage individuals, youth and families to achive and improve quality of life through

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-1908346) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$51K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $25K a year · 4% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
0.5 mo
of spending, in cash
0.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $78K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$49K
75% of total assets
Liabilities are 75% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$593K
-11% vs prior year
Spent
$614K
To programs
98%
Net assets
$16K
By yearFY2020–FY2024
Revenue
$593K
FY2024▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$708K
FY2021$563K
FY2022$761K
FY2023$665K
FY2024$593K
Expenses
$614K
FY2024▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$671K
FY2021$705K
FY2022$752K
FY2023$674K
FY2024$614K
Net assets
$16K
FY2024▼ -57%
Tap a bar for its year
Net assets by fiscal year
FY2020$181K
FY2021$38K
FY2022$47K
FY2023$38K
FY2024$16K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Exemption reinstated (2012-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $599K Management & general 2% · $12K Fundraising 0% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $51K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir
$51,300Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Person
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Craig Dunn$51,300$68,850$68,850

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Montclair Neighborhood Development Corp executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers and supports disadvantaged individuals, youth, and families to improve their quality of life.

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2 programs · $611K · in their own filed words · FY2024
01

Homeless Prevention Program

To assist families from being homeless

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-1908346) · Dispute this line
$349Kprogram expense
02

Youth programs, summer activities tutorial and homework assistance program for at risk students.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-1908346) · Dispute this line
$262Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$78K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$593K
Ln 12
Gifts and grantsLn 1h$593K
Money outPt IX
$614K
Ln 25
Programscol B$599K
Managementcol C$12K
Fundraisingcol D$3K
Owns and owesPt X
$16K
net assets · Ln 32
Cash and savingsLn 1–2$27K
Total assetsLn 16$66K
LiabilitiesLn 26$49K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$593K
Government grantsLn 1e$582K
Total revenueLn 12$593K
Assets in detailPt X, end of year
CashLn 1$27K
Cash and savings togetherLn 1–2$27K
Accounts receivableLn 4$38K
Total assetsLn 16$66K
LiabilitiesLn 26$49K
Net assetsLn 32$16K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$16K$27K
Total assetsLn 16$38K$66K
LiabilitiesLn 26$0$49K
Net assetsLn 32$38K$16K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$110K$106K$4K
Payroll taxesLn 10$16K$16K$492
Office expensesLn 13$5K$4K$672
Information technologyLn 14$6K$5K$700
OccupancyLn 16$18K$18K$500
InsuranceLn 23$11K$9K$2K
Other expenses (24a–d)Ln 24$448K$442K$4K$3K
Total functional expensesLn 25$614K$599K$12K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $593K$614K−$21K$16K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $665K$674K−$9K$38K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $761K$752K$9K$47K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $563K$705K−$143K$38K 990 PDF
FY2020Filed with the IRS Nov 14, 2021 $708K$671K$37K$181K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $592,874 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $664,644$592,874
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $664,644$592,874
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $156,857$126,410
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $517,104$487,786
I-18 Total expensesPrior year $673,961$614,196
I-19 Revenue less expensesPrior year −$9,317−$21,322
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $592,874 across 4 lines filed
VIII-1e Government grants$582,415
VIII-1f All other contributions, gifts and grants$10,459
VIII-1h Total contributions, gifts and grants$592,874
VIII-12 Total revenue$592,874
Part IX · Statement of functional expenses $614,196 across 7 lines filed
IX-7 Other salaries and wagesPrograms $105,918 · Management $4,000$109,918
IX-10 Payroll taxesPrograms $16,000 · Management $492$16,492
IX-13 Office expensesPrograms $4,000 · Management $672$4,672
IX-14 Information technologyPrograms $5,063 · Management $700$5,763
IX-16 OccupancyPrograms $17,500 · Management $500$18,000
IX-23 InsurancePrograms $9,052 · Management $2,000$11,052
IX-24 Other expenses (24a–d)Programs $441,549 · Management $4,000 · Fundraising $2,750$448,299
IX-25 Total functional expensesPrograms $599,082 · Management $12,364 · Fundraising $2,750$614,196
Part X · Balance sheet $65,836 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $15,634$27,421
X-4 Accounts receivableStart of year $22,033$38,415
X-16 Total assetsStart of year $37,667$65,836
X-17 Accounts payable and accrued expenses$49,491
X-26 Total liabilitiesStart of year $0$49,491
X-27 Net assets without donor restrictionsStart of year $37,667$16,345
X-31 Retained earnings or endowmentStart of year $0$0
X-32 Total net assets or fund balancesStart of year $37,667$16,345
X-33 Total liabilities and net assetsStart of year $37,667$65,836
Part XI · Reconciliation of net assets $16,345 net assets at year end
XI-1 Total revenue$592,874
XI-2 Total expenses$614,196
XI-3 Revenue less expenses−$21,322
XI-4 Net assets at start of year$37,667
XI-10 Net assets at end of year$16,345

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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