Northside Redevelopment Center EIN 76-0623932

Northside Redevelopment Center

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Builds and manages affordable housing for low-income families. For fiscal year 2025 it reported $36K in revenue, $124K in expenses, and $2.0M in net assets.Pt I

Founded
2000
Type
Public charity (501(c)(3)) · Housing
Location
Houston, TX
Filings
5 on file (2020–2025)
Revenue
$36KFY2025
Expenses
$124K
Net assets
$2.0M
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  76-0623932 Public charity (501(c)(3)) Houston, TX Founded 2000
Form 990 (PDF)
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Size
<$100K
What they do
Builds and manages affordable housing for low-income families.
Leadership
Vincent a Marquez · President
Money in and out
$36K revenue, $124K expenses
Bottom line
96% program efficiency
Where the money goes · FY2025
Total revenue
$36K
Pt VIII · Ln 12
Total expenses
$124K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$88K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
122.6mo
months of highly liquid reserves at operating expense rate▲ +338% vs prior filing year
Surplus margin
-243%
revenue over expenses, this year▲ +68% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$36K
FY2025▼ -61%
Expenses
$124K
FY2025▼ -84%
Total assets
$4.5M
FY2025▲ +45%
Total liabilities
$2.5M
FY2025▲ +151%
Total revenue
$36K
Pt VIII · Ln 12
Total expenses
$124K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$88K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $118K of program spending, described in the organization's own filed words · FY2025.
01

Provide moderate to low income housing

$118Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNorthside Redevelopment Center
EINHdr · item D76-0623932
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2000
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFDec 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$36K
Total revenueLn 12$36K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$118K
Management & general4%$5K
Total functional expensesLn 25$124K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$4.5M
Total liabilitiesLn 26$2.5M
Total net assetsLn 32$2.0M
Months of cash on handcomputed122.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $124K
122.6 months
Where the money goes
Program services
Program services $118K · Total expenses $124K
96%
Management & General
Management & general $5K · Total expenses $124K
4%
Fundraising
Fundraising $0 · Total expenses $124K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $72K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $36K
0%
Government reliance
Government grants — · Total revenue $36K
Earned-income share
Program service revenue $0 · Total revenue $36K
0%
Investment reliance
Investment income $36K · Total revenue $36K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $124K
0%
Growth & trend
Revenue growth (YoY)
This year $36K · Prior year $93K
-61%
Revenue CAGR
FY2020 $162K · FY2025 $36K
-26%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $36K · Expenses $124K
-243%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $2.0M · Total assets $4.5M
45%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Vincent a Marquez · Reported title President · Highest reported compensation $0 · Total expenses $124K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $124K
15%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Revenue growth -61%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$36K revenue · viewing · ⤓ 990 PDF
FY2024$93K revenue · ⤓ 990 PDF
FY2023$4.0M revenue · ⤓ 990 PDF
FY2022$198K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$162K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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