Neighborhood Self Employment Initiative Inc
BUSINESS OWNERSHIP INITIATIVE OF INDIANA'S MISSION IS TO PROVIDE SERVICES AND SUPPORT TO EMERGING AND EXISTING BUSINESS OWNERS IN THE NINE-COUNTY, INDIANAPOLIS METROPOLITAN AREA. THE SERVICES INCLUDE MICRO LENDING, BUSINESS-TRAINING CLASSES AND WORKSHOPS, ONE-TO-ONE BUSINESS COUNSELING, LIFE COACHING, MENTORING AND ASSISTANCE WITH LOCATING AND OBTAINING FINANCIAL RESOURCES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
-14.0% YoY
Revenue
$974K
-43.1% YoY
Net Investment Income
$113K
Expenses
$1.7M
-7.0% YoY
About Neighborhood Self Employment Initiative Inc
Based on IRS filings
Neighborhood Self Employment Initiative Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. Net investment income was $113K.
Focus Areas
Ready to take the next step with Neighborhood Self Employment Initiative Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,501,469 | $7,563,755 | $8,162,575 |
| Revenue | $973,610 | $1,712,079 | $848,057 |
| Expenses | $1,657,739 | $1,781,747 | $1,230,756 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $112,738 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREA MCGORDON | VICE CHAIR | 2 | — |
| DREW LINN | BOARD CHAIR | 2 | — |
| PATTY PROSSER | SECRETARY | 2 | — |
| ALTAF HUSSAIN | BOARD MEMBER | 2 | — |
| BILL BOWER | BOARD MEMBER | 2 | — |
| E ZENAI SAVAGE | BOARD MEMBER (As of July 2024) | 1 | — |
| ERICA WILLIAMS | BOARD MEMBER | 2 | — |
| MATHEW FOLEY | BOARD MEMBER | 2 | — |
| NASHELLE FRAZIER | BOARD MEMBER | 1 | — |
| Phil powell | Board Member | 1 | — |
| Ryan O'connor | Board Member | 1 | — |
| SCOTT RANSBURG | BOARD MEMBER | 1 | — |
| STACIE PORTER BILGER | BOARD MEMBER | 2 | — |
| WAYNE PATRICK | BOARD MEMBER | 1 | — |
| David herron | EXECUTIVE DIRECTOR | 40 | $128,937 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Alatash Foundation Inc
DYER, IN
Assets
$15K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Neighborhood Self Employment Initiative Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities