Neighborhood Development Services INC: FY2023 Nonprofit Profile & Form 990 (EIN 34-1485111)

Stacy Brown’s $142K as Executive Director is at the 13th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2021	FY2020
Stacy Brown	$141,884	$135,396	$125,950	$119,952	$114,240
Mike Bogo	$123,743	$119,175	$113,500	$107,464	$107,464
Kaitlyn McNerney	$103,998	—	—	—	—

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 Neighborhood Development Services INC 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

Revitalizes low-income communities by providing affordable housing, promoting economic development and job creation, and offering addiction recovery services.

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3 programs · $12.5M · in their own filed words · FY2023

01

Affordable housing developmentnds strives to construct and rehabilitate affordable housing throughout northeast ohio, west virginia, and michigan. This development targets single family, multi-family, and senior housing throughout our service area.

$7.9Mprogram expense

02

Community developmentnds strives to promote community and economic development through multi-discipline art and job-creation.

$2.6Mprogram expense

03

Homeownership preservation (grant consulting and implementation of housing rehab-grants)nds administers housing grants for several communities throughout northeast ohio. Through the use of grant funds, NDS works to provide affordable solutions to area homeowners to rehabilitate their homes, to help improve their quality of life, and…

$2.0Mprogram 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

Neighborhood Reinvestment CorporationFY2024$384K

ArtsnowFY2024$10K

Total grants receivedfrom 2 funders$394K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs

Year ending Dec 2025 · $2.8M federal money spent

Intermediary Relending ProgramDepartment of Agriculture · ALN 10.767 · Direct$2.3M

Expendable GrantsDepartment of the Treasury · ALN 21.000 · Direct$353K

Rural Housing Preservation GrantsDepartment of Agriculture · ALN 10.433 · Direct$179K

The auditor reported no findings.

Year ending Dec 2024 · $2.9M federal money spent

Intermediary Relending ProgramDepartment of Agriculture · ALN 10.767 · Direct$2.5M

Expendable GrantsDepartment of the Treasury · ALN 21.000 · Direct$374K

Rural Housing Preservation GrantsDepartment of Agriculture · ALN 10.433 · Direct$54K

The auditor reported no findings.

Year ending Dec 2023 · $3.0M federal money spent

Intermediary Relending ProgramDepartment of Agriculture · ALN 10.767 · Direct$2.6M

Expendable GrantsDepartment of the Treasury · ALN 21.000 · Direct$368K

Rural Housing Preservation GrantsDepartment of Agriculture · ALN 10.433 · Direct$34K

The auditor reported no findings.

Year ending Dec 2022 · $3.2M federal money spent

Intermediary Relending ProgramDepartment of Agriculture · ALN 10.767 · Direct$2.8M

Neighborhood Reinvestment Corporation: Expendable GrantsDepartment of the Treasury · ALN 21.000 · Direct$356K

Rural Housing Preservation GrantsDepartment of Agriculture · ALN 10.433 · Direct$75K

The auditor reported no findings.

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$17.2M

Ln 12

Fees for servicesLn 2g$15.8M

Gifts and grantsLn 1h$1.2M

Other incomeLn 4–11$92K

Money outPt IX

$17.1M

Ln 25

Programscol B$14.6M

Managementcol C$2.5M

Owns and owesPt X

$21.0M

net assets · Ln 32

Cash and savingsLn 1–2$9.8M

Total assetsLn 16$45.6M

LiabilitiesLn 26$24.6M

PeoplePt VI, VII

11

listed · VII A

PaidVII A2

Voting boardVI 1a9

IndependentVI 1b9

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.2M

Government grantsLn 1e$1.2M

Fees for servicesLn 2g$15.8M

Investment incomeLn 3$66K

Other incomeLn 4–11$92K

Total revenueLn 12$17.2M

Assets in detailPt X, end of year

CashLn 1$9.8M

Cash and savings togetherLn 1–2$9.8M

Accounts receivableLn 4$1.1M

Notes and loans receivableLn 7$8.8M

Inventories for sale or useLn 8$12K

Prepaid expenses and deferred chargesLn 9$27K

Land, buildings, equipmentLn 10c$11.5M

Intangible assetsLn 14$104K

Other assetsLn 15$14.3M

Total assetsLn 16$45.6M

LiabilitiesLn 26$24.6M

Net assetsLn 32$21.0M

OperationsPt I, VI

EmployeesI 523

VolunteersI 610

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

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$10.4M	$9.8M
Land, buildings, equipmentLn 10c	$11.8M	$11.5M
Total assetsLn 16	$46.2M	$45.6M
LiabilitiesLn 26	$25.3M	$24.6M
Net assetsLn 32	$20.9M	$21.0M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$255K	$220K	$34K
Other salaries and wagesLn 7	$2.0M	$1.7M	$273K
Other employee benefitsLn 9	$564K	$464K	$99K
Payroll taxesLn 10	$84K	$82K	$3K
Management feesLn 11a	$126K	$126K
Legal feesLn 11b	$6K	$6K
Accounting feesLn 11c	$220K	$193K	$28K
Advertising and promotionLn 12	$27K	$24K	$3K
Office expensesLn 13	$552K	$501K	$51K
OccupancyLn 16	$13K	$11K	$2K
TravelLn 17	$58K	$47K	$11K
InterestLn 20	$244K	$236K	$8K
Depreciation, depletion and amortizationLn 22	$531K	$511K	$20K
InsuranceLn 23	$120K	$113K	$8K
Other expenses (24a–d)Ln 24	$12.2M	$10.2M	$2.0M
All other expensesLn 24e	$51K	$51K
Total functional expensesLn 25	$17.1M	$14.6M	$2.5M	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Sep 26, 2025	$12.1M	$12.0M	$111K	$21.1M	990 PDF
FY2023 ViewingFiled with the IRS Sep 8, 2024	$17.2M	$17.1M	$91K	$21.0M	990 PDF
FY2022Filed with the IRS Nov 10, 2023	$12.0M	$11.2M	$832K	$20.9M	990 PDF
FY2021Filed with the IRS Nov 11, 2022	$8.9M	$7.1M	$1.8M	$20.2M	990 PDF
FY2020Filed with the IRS Jul 12, 2021	$8.6M	$8.8M	−$198K	$18.2M	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $17,157,604 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,336,467$1,164,303

I-9 Program service revenuePrior year $10,854,804$15,834,603

I-10 Investment incomePrior year −$281,002$66,279

I-11 Other revenuePrior year $137,526$92,419

I-12 Total revenuePrior year $12,047,795$17,157,604

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $2,282,274$2,921,537

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $8,933,057$14,144,888

I-18 Total expensesPrior year $11,215,331$17,066,425

I-19 Revenue less expensesPrior year $832,464$91,179

Part VI · Governance 9 of 9 board members independent, no flags

VI-1a Voting members of the governing body9

VI-1b Independent voting members9

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 $17,157,604 across 7 lines filed

VIII-1e Government grants$1,163,803

VIII-1f All other contributions, gifts and grants$500

VIII-1h Total contributions, gifts and grants$1,164,303

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,834,603$15,834,603

VIII-3 Investment incomeExcluded from tax $66,279$66,279

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $92,419$92,419

VIII-12 Total revenueRelated to mission $15,927,022 · Unrelated business $0 · Excluded from tax $66,279$17,157,604

Part IX · Statement of functional expenses $17,066,425 across 16 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $220,190 · Management $34,381$254,571

IX-7 Other salaries and wagesPrograms $1,746,440 · Management $272,694$2,019,134

IX-9 Other employee benefitsPrograms $464,376 · Management $99,221$563,597

IX-10 Payroll taxesPrograms $81,679 · Management $2,556$84,235

IX-11a Management feesPrograms $126,380$126,380

IX-11b Legal feesPrograms $6,226$6,226

IX-11c Accounting feesPrograms $192,723 · Management $27,712$220,435

IX-12 Advertising and promotionPrograms $24,151 · Management $2,734$26,885

IX-13 Office expensesPrograms $501,200 · Management $50,701$551,901

IX-16 OccupancyPrograms $10,659 · Management $2,456$13,115

IX-17 TravelPrograms $47,217 · Management $11,226$58,443

IX-20 InterestPrograms $236,464 · Management $7,605$244,069

IX-22 Depreciation, depletion and amortizationPrograms $511,322 · Management $19,592$530,914

IX-23 InsurancePrograms $112,648 · Management $7,851$120,499

IX-24 Other expenses (24a–d)Programs $10,223,998 · Management $1,971,319$12,195,317

IX-24e All other expensesPrograms $50,704$50,704

IX-25 Total functional expensesPrograms $14,556,377 · Management $2,510,048 · Fundraising $0$17,066,425

Part X · Balance sheet $45,562,805 assets, 18 lines filed

X-1 Cash, non-interest-bearingStart of year $10,432,103$9,803,170

X-4 Accounts receivableStart of year $619,666$1,088,251

X-7 Notes and loans receivableStart of year $9,660,316$8,765,390

X-8 Inventories for sale or useStart of year $11,948$11,948

X-9 Prepaid expenses and deferred chargesStart of year $20,455$26,823

X-10c Land, buildings and equipment, netStart of year $11,811,464$11,483,323

X-14 Intangible assetsStart of year $103,839$103,839

X-15 Other assetsStart of year $13,510,276$14,280,061

X-16 Total assetsStart of year $46,170,067$45,562,805

X-17 Accounts payable and accrued expensesStart of year $1,433,174$1,651,585

X-19 Deferred revenueStart of year $17,310$22,001

X-23 Secured mortgages and notes payableStart of year $21,952,023$21,360,864

X-25 Other liabilitiesStart of year $1,858,834$1,567,775

X-26 Total liabilitiesStart of year $25,261,341$24,602,225

X-27 Net assets without donor restrictionsStart of year $11,172,056$11,471,355

X-28 Net assets with donor restrictionsStart of year $9,736,670$9,489,225

X-32 Total net assets or fund balancesStart of year $20,908,726$20,960,580

X-33 Total liabilities and net assetsStart of year $46,170,067$45,562,805

Part XI · Reconciliation of net assets $20,960,580 net assets at year end

XI-1 Total revenue$17,157,604

XI-2 Total expenses$17,066,425

XI-3 Revenue less expenses$91,179

XI-4 Net assets at start of year$20,908,726

XI-9 Other changes in net assets−$39,325

XI-10 Net assets at end of year$20,960,580

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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Neighborhood Development Services INC FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 3 named individuals · Part VII

Questions the 990 asks

Programs and updates

Questions for Neighborhood Development Services INC

Funders

Grants

Federal money

By the numbers

Filing history

Schedules filed Part IV