Neighborhood Impact Investment Fund Inc logo

Neighborhood Impact Investment Fund Inc

Public charity · Grantmaker Baltimore, MD EIN: 83-2643429 Website

Neighborhood Impact Investment Fund, inc. (NIIF) mobilizes capital and leverages partnerships to support community development, drive economic opportunity, and promote equity in baltimore's disinvested neighborhoods.

Key facts about Neighborhood Impact Investment Fund Inc

In short: Neighborhood Impact Investment Fund Inc gave $3.1M across 5 grants in 2025 (avg $619K), mostly in Maryland. Source: 2025 IRS Form 990.

EIN
83-2643429
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$3,093,254
Grants made (2025)
5
Average grant
$618,651
Median grant
$23,819
Total assets
$65,279,260
Primary geography
Maryland (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$65.3M

+3.6% YoY

Annual Giving

$3.1M

-17.2% YoY

Grant Count

5

-54.5% YoY

Avg Grant Size

$619K

+82.2% YoY

About Neighborhood Impact Investment Fund Inc

Based on IRS filings

Neighborhood Impact Investment Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $65.3M in total assets. In 2025, it awarded 5 grants totaling $3.1M. Net investment income was $2.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

BaltimoreChicagoTowson

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M0 grants2021 0 grants2022 1 grant2023 11 grants2024 5 grants2025

From 2023 to 2025, annual grant giving ranged from $100K (2023) to $3.7M (2024). In 2025 it made 5 grants totaling $3.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Medco Madison Park North LLC: $3.0MMedco Madison Park North LLC$3.0MDruid Heights Community Development Corporation Inc: $25KDruid Heights CommunityDevelopment Corporation Inc$25KTamir Ezzat - 101 E Trenton Street Loan: $24KTamir Ezzat - 101 E TrentonStreet Loan$24KPHG - E 22ND Street Note a Loan: $24KPHG - E 22ND Street Note aLoan$24KVenroy July - 1339 W Baltimore Street Loan: $18KVenroy July - 1339 W BaltimoreStreet Loan$18K

The largest 2025 recipient was Medco Madison Park North LLC ($3.0M). Together the top 5 received $3.1M.

Grant Size Distribution

17 grants across all recorded years

13<$50K$50–100K2$100–250K$250–500K$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 13 grants of 17 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Medco Madison Park North LLC Baltimore, MDDHCD Core Grants$3,002,660
Druid Heights Community Development Corporation Inc Baltimore, MDNiif Small Developers Grant Program$25,000
Tamir Ezzat - 101 E Trenton Street Loan Baltimore, MDNiif Small Developers Grant Program$23,819
PHG - E 22ND Street Note a Loan Baltimore, MDNiif Small Developers Grant Program$23,783
Venroy July - 1339 W Baltimore Street Loan Baltimore, MDNiif Small Developers Grant Program$17,992

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$65,279,260$63,033,777$57,985,292
Revenue$8,474,230$10,363,482$3,569,338
Expenses$5,947,138$6,077,976$2,255,647
Net Investment Income$2,168,718$1,084,483$1,264,400

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2023)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2024)
  3. Updated Form 990 for fiscal year 2025 (received by the IRS November 14, 2025)
  4. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Neighborhood Impact Investment Fund Inc is led by Mark A. Kaufman, President & CEO since 2024 (on filings since 2021); 4 of 19 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Mark A. Kaufman

    President & CEO

    President & Chief Executive Officer → President & CEO, 2024

    On filings since 2021

    40 hrs/week

    $159K (2022) → $194K (2025)

  • Lori M. Glass

    Member & Investment Chair

    Chief Lending Officer → Member, 2024

    Member → Member & Investment Chair, 2025

    On filings since 2021

    1 hr/week

    $134K (2022) → $0 (2025)

  • Arnold Williams

    Board Chair

    Chairman → Board Chair, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • John Hamilton

    Member & Nominating Chair

    Treasurer & Governance Chair → Member, 2024

    Member → Member & Nominating Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Marc Broady

    Member & Diversity Equity Inclusion Chair

    Member → Member & Diversity Equity Inclusion Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Paul Taylor

    Member & Small Business Chair

    Member → Member & Small Business Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ryan Rattanni

    Chief Loan Officer

    Chief Lending Officer & Vice President → Chief Loan Officer, 2025

    On filings since 2024

    40 hrs/week

    $124K (2024) → $145K (2025)

  • Sammy Ndiyo

    Chief Finance Officer

    Controller → Chief Finance Officer, 2025

    On filings since 2024

    40 hrs/week

    $121K (2024) → $130K (2025)

  • Heidi Hansen

    General Counsel & Loan Officer

    New on the 2025 filing

    32 hrs/week

    $139K (2025)

  • Augie Chiasera

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Colin Tarbert

    Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jalal Jay Greene

    Treasurer & Audit Co-Chair

    Member → Treasurer, 2024

    Treasurer → Treasurer & Audit Co-Chair, 2025

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Mary John Miller

    Member

    Audit Chair → Member, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Ft Burden

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Linda Sorden

    Secretary

    Member → Member & Secretary, 2024

    Member & Secretary → Secretary, 2025

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Sonja Wells

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Annie Milli

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Michael Gaines

    Secretary

    Member → Secretary, 2025

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Michael Porkorny

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (14)
  • Former: Ernst Valery (2021–2024) — Member
  • Former: Joyce Moskovitz (2021–2024) — Secretary
  • Former: Patricia Chandler (2024) — Chief Financial Officer & Treasurer
  • Former: Dana Johnson Left In March (2023) — Investment Chair
  • Former: Fagan Harris Left In January (2023) — Member
  • Former: Patti Chandler (2023) — Chief Financial Officer Started Board Approved Cf
  • Former: Rodney Boyd Left In March (2023) — Member
  • Former: Dana Johnson (2021–2022) — Investment Chair
  • Former: Fagan Harris Joined September (2022) — Member
  • Former: Lori Chatman July - September (2022) — Member
  • Former: Rodney Boyd July (2022) — Member
  • Former: Sonja Wells Joined September (2022) — Member
  • Former: Lori Chatman (2021) — Member
  • Former: Rodney Boyd (2021) — Member

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Mark Kaufman — President and CEO: $194KMark KaufmanPresident and CEO$194KRyan Rattanni — Chief Loan Officer: $145KRyan RattanniChief Loan Officer$145KHeidi Hansen — General Counsel and Loan Officer: $139KHeidi HansenGeneral Counsel and Loan Officer$139KSammy Ndiyo — Chief Finance Officer: $130KSammy NdiyoChief Finance Officer$130K

The highest reported compensation on the 2025 filing was $194K, to Mark Kaufman (President and CEO). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Neighborhood Impact Investment Fund Inc

How much does Neighborhood Impact Investment Fund Inc give each year?

Neighborhood Impact Investment Fund Inc gave $3.1M across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.7M across 11 grants.

What is Neighborhood Impact Investment Fund Inc's typical grant size?

Neighborhood Impact Investment Fund Inc's median grant in 2025 was $23,819, and its average grant was $618,651, across 5 grants on its 2025 IRS Form 990.

Where does Neighborhood Impact Investment Fund Inc give grants?

Neighborhood Impact Investment Fund Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Baltimore, MD (5 grants).

Does Neighborhood Impact Investment Fund Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Neighborhood Impact Investment Fund Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Niif Small Developers Grant Program" (4 grants).

Who are Neighborhood Impact Investment Fund Inc's largest grantees?

Neighborhood Impact Investment Fund Inc's largest 2025 grantees include Medco Madison Park North LLC ($3,002,660), Druid Heights Community Development Corporation Inc ($25,000) and Tamir Ezzat - 101 E Trenton Street Loan ($23,819), according to its 2025 IRS Form 990. Together they received 99% of its itemized 2025 grant dollars.

How large is Neighborhood Impact Investment Fund Inc?

Neighborhood Impact Investment Fund Inc reported $65.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.5M.

What is Neighborhood Impact Investment Fund Inc?

Neighborhood Impact Investment Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. It holds $65.3M in total assets as of 2025.

What is Neighborhood Impact Investment Fund Inc's EIN?

Neighborhood Impact Investment Fund Inc's EIN (Employer Identification Number) is 83-2643429. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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