Orlando Neighborhood Improvement Corporation Inc
ONIC's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration. This is achieved through the development and preservation of affordable housing, community engagement initiatives, and programs that support economic empowerment, environmental sustainability, and social equity. Our efforts are focused on enhancing the quality of life for all residents, particularly those in underserved and marginalized communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70.4M
-28.6% YoY
Annual Giving
$51.0M
Grant Count
1
Avg Grant Size
$51.0M
About Orlando Neighborhood Improvement Corporation Inc
Based on IRS filings
Orlando Neighborhood Improvement Corporation Inc is a nonprofit organization focused on Housing & Shelter, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $70.4M in total assets. In 2024, it awarded 1 grants totaling $51.0M. Net investment income was $23.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $70,388,736 | $98,597,532 | $96,561,449 |
| Revenue | $38,324,780 | $13,001,377 | $66,037,460 |
| Expenses | $62,345,230 | $10,712,323 | $14,419,472 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,752,327 | $2,840,727 | $50,987,563 |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Orlando Neighborhood Improvement Foundation Inc ($51,014,469).
| Recipient | Purpose | Amount |
|---|---|---|
| Orlando Neighborhood Improvement Foundation Inc Orlando, FL | To establish the organization's board-designated endowment. These funds will be used in support of ONIC's charitable mission. | $51,014,469 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alfred Arzuaga | President | 42 | $139,966 |
| Victoria Scott | VP of finance | 42 | $148,112 |
| Alexis Collins | VP of Resident Services | 42 | $127,732 |
| Ericka Dunlap | Chair | 1 | — |
| Cindy Colvin | Vice Chair | 1 | — |
| Milton Carroll Jr | Secretary and Treasurer | 1 | — |
| Ralph Armstead | Director | 1 | — |
| Eddie Brown | Director | 1 | — |
| Derek Burke | Director | 1 | — |
| Kimberly Pizarro Cruz | Director | 1 | — |
| Cathy Sterba | Director | 1 | — |
| Craig Ridinger | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Orlando Neighborhood Improvement Corporation Inc?
Orlando Neighborhood Improvement Corporation Inc is a nonprofit organization focused on Housing & Shelter, based in ORLANDO, FL. It holds $70.4M in total assets as of 2024.
How large is Orlando Neighborhood Improvement Corporation Inc?
As of 2024, Orlando Neighborhood Improvement Corporation Inc holds $70.4M in total assets with $38.3M in annual revenue. It awarded 1 grants totaling $51.0M in 2024.
Where does Orlando Neighborhood Improvement Corporation Inc operate?
Orlando Neighborhood Improvement Corporation Inc has awarded grants in Florida.
What size grants does Orlando Neighborhood Improvement Corporation Inc award?
In 2024, Orlando Neighborhood Improvement Corporation Inc awarded 1 grants totaling $51.0M — an average of about $51.0M per grant, based on its IRS Form 990 filings.
What is Orlando Neighborhood Improvement Corporation Inc's EIN?
Orlando Neighborhood Improvement Corporation Inc's EIN (Employer Identification Number) is 59-2669952. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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