Civic Intelligence

Neighborhood Strategies Inc

EIN 81-2782023 • 501(c)3 • Manhasset, NY

Profile

The charitable purposes for which the corporation is organized are: (a)to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in suchblighted or depressed communities; (e) to further the social welfare ofsuch blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.

15 Gaynor Avenue Apt 2EManhasset, NY 11030

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Down

$0

Down $1 (-100%) from 2021

Liabilities

Up

$21,099

Up $8,525 (+68%) from 2021

Net Assets

-$21,099

No earlier filing loaded for comparison.

Revenue

Flat

$0

Flat from 2021

Expenses

Flat

$0

Flat from 2021

Net Income

Flat

$0

Flat from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20K-$40KAssets 2016: $1Liabilities 2016: $02016Assets 2017: $1Liabilities 2017: $7,2942017Assets 2018: $0Liabilities 2018: $7,294Net Assets 2018: -$7,2942018Assets 2019: $0Liabilities 2019: $9,934Net Assets 2019: -$9,9342019Assets 2020: $0Liabilities 2020: $12,574Net Assets 2020: -$12,5742020Assets 2021: $1Liabilities 2021: $12,5742021Assets 2022: $0Liabilities 2022: $21,099Net Assets 2022: -$21,0992022

Highlighted filing

2022

Assets$0
Liabilities$21,099
Net Assets-$21,099

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0-$5.0K-$10KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $7,154Net Income 2017: -$7,1542017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $2,640Net Income 2019: -$2,6402019Revenue 2020: $0Expenses 2020: $2,640Net Income 2020: -$2,6402020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2022

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The charitable purposes for which the corporation is organized are: (a) to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in such blighted or depressed communities; (e) to further the social welfare of such blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.

The charitable purposes for which the corporation is organized are: (a)to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in suchblighted or depressed communities; (e) to further the social welfare ofsuch blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.

Program Services

DescriptionGrantsExpenses
IT IS ANTICIPATED THAT THE ORGANIZATION WILL RAISE FUNDING FROM VARIOUS SOURCES IN ORDER TO MAKE BELOW-MARKET, FLEXIBLE FINANCIAL PRODUCTS AVAILABLE TO HIGH-IMPACT PROJECTS LOCATED IN DISTRESSED COMMUNITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA. ADDITIONALLY, THE ORGANIZATION WILL LIAISE WITH OTHER NON-PROFITS AND ORGANIZATIONS IN ORDER TO PROVIDE WORKPLACE DEVELOPMENT AND JOB TRAINING TO RESIDENTS OF DISTRESSED COMMUNITIES, WITH THE GOAL OF ACHIEVING PERMANENT EMPLOYMENT AT PROJECTS THE ORGANIZATION PROVIDES FUNDING TO OR PARTNERS WITH.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN FOUGNERDirector-$0--
SCOTT ARMSTRONGDirector-$0--
KEVIN COONEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Neighborhood Strategies Inc
EIN
81-2782023
Phone
5166628182
Address
15 GAYNOR AVENUE APT 2E, MANHASSET, NY 11030

Signing Officer

Name
John Fougner
Title
Director
Phone
5166628182
Signed
2023-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Hjk Advisors LLC
Address
135 ROCKAWAY TURNPIKE SUITE 105, LAWRENCE, NY 11559
Preparer
Heather Choi
Phone
9293521777
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to/from triangle dev.. Beg. Of year amount: 12,574. End of year amount: 12,574. Description: due to/from triangle mgmt.. Beg. Of year amount: 8,525. End of year amount: 8,525.

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE CHARITABLE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: (A)TO IMPROVE ECONOMIC CONDITIONS IN BLIGHTED AND BADLY DETERIORATED AREAS OF NEW YORK CITY, NEW YORK THROUGH THE DEVELOPMENT OF HOUSING AND COMMERCIAL DEVELOPMENT, AND THE CREATION OF EMPLOYMENT OPPORTUNITIES FOR LOW-INCOME AND UNEMPLOYED PERSONS IN SUCH UNDERUTILIZED AREAS; (B) TO STIMULATE ECONOMIC GROWTH IN DEPRESSED AREAS AND COMBAT UNEMPLOYMENT IN NEW YORK CITY; (C) TO STABILIZE SUCH BLIGHTED OR DEPRESSED COMMUNITIES; (D) TO COMBAT DETERIORATION IN SUCHBLIGHTED OR DEPRESSED COMMUNITIES; (E) TO FURTHER THE SOCIAL WELFARE OFSUCH BLIGHTED OR DEPRESSED COMMUNITIES; AND (F) TO IMPROVE ECONOMIC CONDITIONS IN SUCH BLIGHTED COMMUNITIES. THE CORPORATION, IN CARRYING OUT ITS PURPOSES, SHALL HAVE ALL THE POWERS GRANTED BY LAW TO A CORPORATION FORMED UNDER THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW, AND ANY LAWS AMENDATORY THEREOF OR SUPPLEMENTARY THERETO.
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