EIN 20-5311377

Near West Side Initiative

Name: Near West Side Initiative financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Syracuse

State

New York

Year formed

2007

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Near West Side Initiative functions as a community development organization with a mission to create and implement a comprehensive redevelopment plan for the Near West Side neighborhood in Syracuse. They maintain and rent properties designated for renovation as part of their plan and have established a multi-use performing arts center (saltspace) dedicated to enhancing the community's quality of life through accessible artistic collaboration and opportunity.

Total revenues

$663,077

2023

Total expenses

$1,383,513

2023

Total assets

$10,218,591

2023

Num. employees

2023

Program areas at Near West Side Initiative

The Near West Side Initiative, Inc maintained and rented properties designated for renovation as part of their redevelopment plan for the Near West Side neighborhood within the city of syracuse.

Multi-use performing arts center (saltspace) dedicated to enhancing the quality of life in the community through an accessible artistic hub for creative collaboration and opportunity.

Who funds Near West Side Initiative

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Gifford Foundation	2022-12	Public Support	$3,842

Personnel at Near West Side Initiative

Name	Title	Compensation	Date of data
Keith Tyson	Executive Director	$51,480	2023-12-31
Michelle Sczpanski	President	$0	2024-10-21
Sheena Solomon	Vice President	$0	2023-12-31
Maria Murray	Secretary	$0	2023-12-31
Triana Reese	Board Secretary	$0	2023-06-10
...and 12 more key personnel

Financials for Near West Side Initiative

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$500	$9,025	-94.5%
Program services	$661,707	$834,781	-20.7%
Investment income and dividends	$45	$36	25%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$825	$30	2650%
Total revenues	$663,077	$843,872	-21.4%

Form 990s for Near West Side Initiative

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-10-21	990	View PDF
2022-12	2023-10-09	990	View PDF
2021-12	2022-11-03	990	View PDF
2020-12	2022-11-11	990	View PDF
2020-12	2021-11-15	990	View PDF
...and 13 more Form 990s

Organizations like Near West Side Initiative

Organization	Type	Location	Revenue
Eastern American CDC	501(c)(3)	Palisades Park, NJ	$1,262,705
Marshall-Saline Development Corporation	501(c)(3)	Marshall, MO	$359,185
Monadnock Economic Development Corporation	501(c)(3)	Keene, NH	$1,706,004
New Season Community Development Corporation	501(c)(3)	Esparto, CA	$1,488,230
Cleveland Citywide Development Corporation	501(c)(3)	Cleveland, OH	$830,405
East Arkansas Enterprise Community	501(c)(3)	Forrest City, AR	$564,506
Development Corporation of Knox County (TDC)	501(c)(3)	Knoxville, TN	$632,758
HCPI Development Fund Central Baltimore Future Fund	501(c)(3)	Baltimore, MD	$176,805
Historic Midtown Elizabeth District Management Corporation	501(c)(3)	Elizabeth, NJ	$226,144
Long Beach Center for Economic Inclusion	501(c)(3)	Long Beach, CA	$1,407,069

Data update history

December 5, 2023

Posted financials

Added Form 990 for fiscal year 2022

October 26, 2023

Received grants

Identified 2 new grant, including a grant for $4,175 from Allyn Family Foundation

July 28, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 26, 2023

Posted financials

Added Form 990 for fiscal year 2020

June 12, 2023

Received grants

Identified 1 new grant, including a grant for $2,500 from The Molina Healthcare Charitable Foundation

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsCharities

Issues

Arts, cultural, and humanitiesCommunity improvementEconomic development

Characteristics

State / local levelManagement and technical assistanceTax deductible donationsAccepts online donations

General information

Address: 115 Otisco St; Syracuse, NY 13204
Metro area: Syracuse, NY
County: Onondaga County, NY
Website URL: westsideinitiative.org/staff-and-board-of-directors
Phone: (315) 443-8052

IRS details

EIN: 20-5311377
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2007
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S31: Urban, Community Economic Development
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Independent

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Near West Side Initiative

Program areas at Near West Side Initiative

Who funds Near West Side Initiative

Personnel at Near West Side Initiative

Financials for Near West Side Initiative

Form 990s for Near West Side Initiative

Organizations like Near West Side Initiative

Nonprofits

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