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Iowa · Nonprofit

Neighborhood Investment Corporation

Neighborhood Investment Corporation (Iowa) receives grants from 1 organization whose IRS filings report $36,100 to it, the largest being PRAIRIE MEADOWS RACE TRACK AND CASINO INC ($36,100). 0 of them have funded it in more than one year.

Revenue FY2025
$2.2M
Funders on record
1
Grants received
$36k
Net assets
$-1245853
0/1 repeat funderspeak grant-dependency 12%
01What it does

What Neighborhood Investment Corporation does

Mission

Operate the Mickle Resource Center (Mickle Center), a facility that provides office space and meeting rooms for nonprofit entities and entrepreneurial and small businesses, and affordable apartment buildings that address housing needs of Des Moines inner-city neighborhoods.

As stated on its FY2025 Form 990.

Programs

  1. Affordable apartment buildings that address housing needs of Des Moines inner-city neighborhoods.

    $3,234,055 spent$1,954,971 earned by the program
    91% of program spending
  2. Operate the Nelda and Robert Mickle Resource Center (Mickle Center), a facility that provides office space and meeting rooms for nonprofit entities and entrepreneurial and small businesses.

    $303,748 spentof which $250 as grants$236,974 earned by the program
    9% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,537,803.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($227k) Expenses 100 ($174k) Net assets 100 ($1.8M)2018 Revenue 80 ($181k) Expenses 108 ($188k) Net assets 92 ($1.6M)2019 Revenue 167 ($378k) Expenses 104 ($181k) Net assets 185 ($3.3M)2020 Revenue 101 ($230k) Expenses 183 ($318k) Net assets 180 ($3.2M)2021 Revenue 91 ($206k) Expenses 220 ($382k) Net assets 170 ($3.0M)2022 Revenue 108 ($246k) Expenses 441 ($767k) Net assets 141 ($2.5M)2023 Revenue 132 ($299k) Expenses 432 ($751k) Net assets 116 ($2.1M)2024 Revenue 950 ($2.2M) Expenses 2058 ($3.6M) Net assets 5 ($98k)2025 Revenue 967 ($2.2M) Expenses 2034 ($3.5M) Net assets -70 ($-1245853)
'17'18'19'20'21'22'23'24'25
Revenue (967)Expenses (2034)Net assets (-70)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $2.3M to $15M (+550%).

$2.1M
$1.9M
$3.6M
$3.5M
$3.3M
$2.7M
$2.3M
$15M
$13M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of Neighborhood Investment Corporation’s revenue is contributions — more earned-revenue than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

$53k
’17
−$7k
’18
$197k
’19
−$89k
’20
−$177k
’21
−$521k
’22
−$452k
’23
−$1.4M
’24
−$1.3M
’25
1.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed788883777
Joined·+1+0+0+1+1+5+0+0
No longer listed·00016100
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
total
funders
1

From the IRS filings of Neighborhood Investment Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Neighborhood Investment Corporation's grant income comes from Iowa funders.

IA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Neighborhood Investment Corporation has grown faster than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin−61% · bottom quartile
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like Neighborhood Investment Corporation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

6
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IA

Screen this organization

A dated, signed PDF of the compliance screen for Neighborhood Investment Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Neighborhood Investment Corporation?
Neighborhood Investment Corporation (Iowa) receives grants from 1 organization whose IRS filings report $36,100 to it, the largest being PRAIRIE MEADOWS RACE TRACK AND CASINO INC ($36,100). 0 of them have funded it in more than one year.
How many funders does Neighborhood Investment Corporation have?
IRS filings report 1 organization giving $36,100 in grants to Neighborhood Investment Corporation.
Who is the largest funder of Neighborhood Investment Corporation?
PRAIRIE MEADOWS RACE TRACK AND CASINO INC is the largest funder on record, with $36,100 in grants. The full list of funders is on this page.
How can an organization like Neighborhood Investment Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Neighborhood Investment →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing