Neighborhood Community Development

“In march, 2024, the organization amended its by-laws to eliminate its sole member, the northside leadership conference (nslc). Previously, nslc appointed all board members. Under the revised governance structure, the organization became a non-member entity, and nslc may now nominate no more than 50% of the board.”

“The neighborhood community development fund (ncdf) is a membership corporation. The northside leadership conference is the sole member of the ncdf”

“The northside leadership conference, sole member of the ncdf, appoints all board of directors.”

“The 990 is emailed to the members of the organization's finance committee and the executive director in draft form. A meeting with the preparers occurs to discuss any questions. After the review with the preparers, the board of directors formally accepts the audit reports and tax filings.”

“The organization's conflict of interest policy is reviewed annually and board and staff disclose any conflicts of interest with an acknowledgement of the conflict of interest policy at that time. Board members with conflicts disclose those conflicts whenever they arise in board meetings and recuse or abstain from those matters while under discussion or when presented for a vote by the board. The board meeting minutes for each board meeting document any recusals and/or abstentions. Conflict of interest statements from board and staff members are retained in line with the document retention policy. The executive director and/or cfo review contracts and agreements at the time they are executed; with any new loan to a borrower or investment in ncdf, the organization requests disclosures of any conflicts of interest from staff and board members at the time of loan approval for loans to borrowers or for an investment or grant agreement at the time such agreements are provided to the organization.”

“Compensation of the executive director is determined and approved by the board of directors annually.”

“Documents are available to the public upon request subject to redactions necessary to protect the confidentiality of its borrowers/investors, in accordance with the agency's privacy policy and applicable legal and regulatory standards. In addition, northside community development fund's irs form 990 is available at guidestar.org.”

“Line 1. Briefly describe the organization's mission (continued): allegheny county, pa with tailored financial products and technical assistance. Line 4 (continued): 44 million in pittsburgh and underserved neighborhoods and populations, especially low and moderate income business owners. It has consistently been the largest microloan provider in western pennsylvania, as measured by the us small business administration.”

“Chronicle ending payables -229,176 in the prior year, the financial statements were consolidated with its subsidiary, the northside chronicle,llc. The northside chronicle, llc ceased operations and filed its final tax return as of december 31, 2023. Neighborhood community development fund assumed the outstanding accounts payable of the northside chronicle, llc. This amount represents the outstanding accounts payable of the llc.”