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SEE SCHEDULE O.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$19.9M
Program Spending
59%
of total expenses go to program services
Total Contributions
$18.1M
Total Expenses
▼$13.5M
Total Assets
$59.3M
Total Liabilities
▼$3M
Net Assets
$56.3M
Officer Compensation
→N/A
Other Salaries
$3.8M
Investment Income
$1.1M
Fundraising
▼$42.7K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1.5M
Awards Found
3
Department of Housing and Urban Development
$1M
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Department of Housing and Urban Development
$500K
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
National Endowment for the Arts
$15K
TO SUPPORT A MULTIDISCIPLINARY ARTS PROGRAM FOCUSING ON OLDER ADULTS.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $19.9M | $18.1M | $13.5M | $59.3M | $56.3M |
| 2023IRS e-File | $10.1M | $6.8M | $16M | $42.6M | $39.5M |
| 2022 | $4.9M | $2.2M | $14.7M | $42.5M | $41.5M |
| 2021 | $7.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Lizbeth Heyer | President | 5 | $0 | $286.7K | $53.7K | $340.4K |
| Amy Schectman | CEO | 15 | $0 | $282.1K | $36.6K | $318.7K |
| Benjamin Mahnke | Assistant Treasurer/cfo | 15 | $0 | $219.6K | $18K | $237.6K |
| Matthew Brett | Assistant Clerk/general Counsel | 10 | $0 | $232K | $2,230 | $234.2K |
| David Zaltas | Clerk And Director | 1 | $0 | $0 | $0 | $0 |
| Laura Efron | Chair And Director | 1 | $0 | $0 | $0 | $0 |
| Norman Posner | Treasurer And Director | 1 | $0 | $0 | $0 | $0 |
Lizbeth Heyer
President
$340.4K
Hrs/Wk
5
Compensation
$0
Related Orgs
$286.7K
Other
$53.7K
Amy Schectman
CEO
$318.7K
Hrs/Wk
15
Compensation
$0
Related Orgs
$282.1K
Other
$36.6K
Benjamin Mahnke
Assistant Treasurer/cfo
$237.6K
Hrs/Wk
15
Compensation
$0
Related Orgs
$219.6K
Other
$18K
Matthew Brett
Assistant Clerk/general Counsel
$234.2K
Hrs/Wk
10
Compensation
$0
Related Orgs
$232K
Other
$2,230
David Zaltas
Clerk And Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Laura Efron
Chair And Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Norman Posner
Treasurer And Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Karen Edlund | Chief Of Business Strategy | 10 | $0 | $216.2K | $31.4K | $247.6K |
Karen Edlund
Chief Of Business Strategy
$247.6K
Hrs/Wk
10
Compensation
$0
Related Orgs
$216.2K
Other
$31.4K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Adam Scott | Director | 1 | $0 | $0 | $0 | $0 |
| Barry Shrage | Director | 1 | $0 | $0 | $0 | $0 |
| Bernard Kaplan | Director | 1 | $0 | $0 | $0 | $0 |
| Bill Shaevel | Director | 1 | $0 | $0 | $0 | $0 |
| David Trietsch | Director | 1 | $0 | $0 | $0 | $0 |
| Donald Bloch | Director | 1 |
Adam Scott
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Barry Shrage
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bernard Kaplan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $3.8M |
| $12.6M |
| $57.7M |
| $56.7M |
| 2020 | $15.2M | $12.5M | $10.1M | $62.1M | $61.3M |
| 2019 | $3.6M | $2.6M | $922.4K | $32.6M | $23.1M |
| 2018 | $33.3M | $31.6M | $2.7M | $51.7M | $51.2M |
| 2017 | $1.8M | $0 | $1.9M | $21.3M | $21.1M |
| 2016 | $1.2M | $0 | $725.9K | $20.6M | $20.5M |
| 2015 | $1.8M | $0 | $116.1K | $20.1M | $20M |
| 2014 | $809.2K | $0 | $12.7K | $18.4M | $18.4M |
| 2013 | $16.7M | $0 | $2.6M | $17.9M | $17.5M |
| 2012 | $3.8M | $0 | $3.1M | $5.3M | $3.3M |
| 2011 | $3.7M | $0 | $3M | $4.7M | $2.7M |
| 2010 | $3.4M | $0 | $3.1M | $4.5M | $2.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | Data |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Donna Kalikow | Director | 1 | $0 | $0 | $0 | $0 |
| Harold Stahler | Director | 1 | $0 | $0 | $0 | $0 |
| Harold Tubman | Director | 1 | $0 | $0 | $0 | $0 |
| Harvey Greenberg | Director | 1 | $0 | $0 | $0 | $0 |
| Howard Furman | Director | 1 | $0 | $0 | $0 | $0 |
| Jason Korb | Outgoing Director | 1 | $0 | $0 | $0 | $0 |
| Jeff Sacks | Director | 1 | $0 | $0 | $0 | $0 |
| Lynn Elfland | Director | 1 | $0 | $0 | $0 | $0 |
| Melissa Fish-Crane | Director | 1 | $0 | $0 | $0 | $0 |
| Merle Grandberg | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Alperin | Director | 1 | $0 | $0 | $0 | $0 |
| Noah Maslan | Director | 1 | $0 | $0 | $0 | $0 |
| Rick Levin | Director | 1 | $0 | $0 | $0 | $0 |
| Robert Gifford | Director | 1 | $0 | $0 | $0 | $0 |
| Stacy Goodman | Director | 1 | $0 | $0 | $0 | $0 |
| Wendy Kraft | Director | 1 | $0 | $0 | $0 | $0 |
Bill Shaevel
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
David Trietsch
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Donald Bloch
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Donna Kalikow
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harold Stahler
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harold Tubman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harvey Greenberg
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Howard Furman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jason Korb
Outgoing Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeff Sacks
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lynn Elfland
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Melissa Fish-Crane
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Merle Grandberg
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Alperin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Noah Maslan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rick Levin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert Gifford
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Stacy Goodman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Wendy Kraft
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0