NEIGHBORHOOD VENTURES Charity Report

Public IRS 990 nonprofit record

NEIGHBORHOOD VENTURES

EIN 20-4075827 · Economic Development

What they do

to INTERJECT VITALITY INTO THE HEART of NEIGHBORHOODS IN THE CITY of GRAND RAPIDS, SUPPORT and COORDIATE GOVERNMENTAL EFFORTS IN THE BUSINESS COMMUNITIES and to COMBAT COMMUNITY DETERIORATION BY REVITALIZING THE CITYS BUSINESS DISTRICTS PRIMARILY ITS OLDER CORRIDORS

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$2,627.73spent for every $100 of revenueSpending was higher than revenue this year.

$85.50of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

270.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $73,102 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $24,720 for MARK LEWIS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,892

Expenses$75,994

Annual shortfall $73,102 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$64,949 · 85.5% of expenses

See all reported dollar amounts

Revenue$2,892

Expenses$75,994

Contributions$7,817

Management and general$64,949

Accounting fees$2,375

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK LEWISEXECUTIVE DIRECTOR · 40 hrs/week $24,720Base $24,000 · Other $720

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

MARK LEWISEXECUTIVE DIRECTOR

BOB GILEWSKIBOARD MEMBER

BRAD FOXENTREASURER

DAN ZINKBOARD MEMBER

LAURA WOLTERSBOARD MEMBER

PATRICK LONERGANCHAIRMAN

SARAH RAINEROVICE CHAIR

TIM MARCUSBOARD MEMBER

About this charity

Location: PO BOX 6533, GRAND RAPIDS, MI 49516
County: Kent
In care of: MARK LEWIS

How to reach them

WebsiteVisit the charity’s website Phone(616) 301-3929

Filing and classification

Latest tax year: 2016
Tax period began: July 1, 2016
Tax preparer: EASTOWN FINANCIAL SERVICES INC
IRS tax category: Economic Development