Near North Development Corporation

Community development organization based in Indianapolis, IN. 4 employees. Exempt under §501(c)(3).

MissionInner-city housing and economic development focusing on low-income individuals.

EIN
35-1427889
State
IN
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
1 officers · 3 years

Financial snapshot · TY 2023

$1.2M
Total revenue
$1.3M
Total expenses
$4.8M
Net assets

Financial health · TY 2024

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
22.9 months of expenses
Program efficiency
69
77.5% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Brian Carman
President
$94,367
28th percentile vs. peers

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Near North Development Corporation Executive Compensation | 990 Data | DoubleNine