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Florida · Nonprofit

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC (Florida) receives grants from 11 organizations whose IRS filings report $5,852,498 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,909,154). 5 of them have funded it in more than one year.

Revenue FY2024
$38M
Funders on record
11
Grants received
$5.9M
Net assets
$47M
5/11 repeat funderspeak grant-dependency 9%
01What it does

What Orlando Neighborhood Improvement Corporation Inc does

Mission

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.

As stated on its FY2024 Form 990.

Programs

  1. ONIC directly operates 642 units of affordable rental housing and serves as the general partner of various entities which own an additional 829 units of affordable rental housing.

    $8,118,521 spentof which $1,110 as grants$8,288,381 earned by the program
    13% of program spending
  2. ONIC's Resident Services supports its residents' housing stability through three core pillars: housing stability, asset building, and community building & engagement. In FY2024, Resident Services delivered a wide range of on-site activities across many ONIC communities, including tenant housing education, public benefits navigation, mobile food pantry distribution, financial literacy, job training, community and safety meetings, youth afterschool enrichment, access to health services, and resident leadership development. These efforts were all geared to support housing stability which resulted in 1,772 service interactions, reaching 1,804 unique individuals. Additionally, 189 volunteers contributed over 2,704 hours of service. Collectively, these activities work to keep residents stably housed and connected to resources that support housing retention and community stabilization.

    $781,417 spent$219,986 earned by the program
    1% of program spending
  3. ONIC is an award winning leader in building and operating high quality affordable rental homes in Central Florida. Since 1989, ONIC has participated (as developer or partner) in 24 communities in Central Florida, representing 2856 residential units. During the reporting period, ONIC continued efforts associated with the development of two affordable housing properties.

    $1,339,805 spent$2,190,715 earned by the program
    2% of program spending
  4. ONIC distributed $51,014,469 to supporting organization Orlando Neighborhood Improvement Foundation. The Foundation will hold and invest these funds and annually distribute a portion to ONIC for operations. These funds will be used in support of ONIC's charitable mission.

    $51,014,469 spentof which $51,014,469 as grants
    83% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $61,254,212.

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 ($8.4M) Expenses 100 ($6.5M) Net assets 100 ($11M)2018 Revenue 116 ($9.7M) Expenses 123 ($8.0M) Net assets 115 ($12M)2019 Revenue 110 ($9.2M) Expenses 130 ($8.5M) Net assets 122 ($13M)2020 Revenue 150 ($13M) Expenses 139 ($9.1M) Net assets 155 ($17M)2021 Revenue 193 ($16M) Expenses 175 ($11M) Net assets 163 ($17M)2022 Revenue 788 ($66M) Expenses 220 ($14M) Net assets 645 ($69M)2023 Revenue 155 ($13M) Expenses 164 ($11M) Net assets 666 ($71M)2024 Revenue 457 ($38M) Expenses 953 ($62M) Net assets 442 ($47M)
'17'18'19'20'21'22'23'24
Revenue (457)Expenses (953)Net assets (442)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 2021 to 2022, from $58M to $97M (+67%).

$36M
$36M
$37M
$42M
$58M
$97M
$99M
$70M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 3% · 2018 6% · 2019 2% · 2020 10% · 2021 5% · 2022 0% · 2023 2% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

10% of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$1.8M
’17
$1.7M
’18
$687k
’19
$3.5M
’20
$4.7M
’21
$52M
’22
$2.3M
’23
−$24M
’24
2.3
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.

Board chair

Ericka Dunlap

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1617171516121212
Joined·+3+1+1+3+0+1+0
No longer listed·2132410
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 4 funders, grant income fell $793k → $621k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.3M from 3 payers (the payer shares this organization's board, largest Onic-Hidden Cove Inc). These are real filings, and they are not money ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC raised.

From the IRS filings of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC’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.

How concentrated its funding is

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC leans on a few funders — its largest provides 67% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC.

67%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2017 62% · 2018 66% · 2019 65% · 2020 62% · 2021 59% · 2022 78% · 2023 72% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

56% of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC draws 70% of its grant income from funders outside Florida, across 6 states in all.

MN
NY
MO
NC
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $573 arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC has grown faster than three-quarters of the 817 housing & shelter nonprofits its size.

Operating margin−63% · bottom quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Organizations like ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC

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 Florida

Nationally

05Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 1%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

62%

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

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 23 related entities

  • ONIC-Boca Club LLC · disregarded
  • ONIC-Callahan Oaks LLC · disregarded
  • ONIC-Seville Place Developer LLC · disregarded
  • ONIC-Forest Edge GP LLC · disregarded
  • ONIC-Golden Oaks LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC: 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.

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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 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC?
ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC (Florida) receives grants from 11 organizations whose IRS filings report $5,852,498 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,909,154). 5 of them have funded it in more than one year.
How many funders does ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC have?
IRS filings report 11 organizations giving $5,852,498 in grants to ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC, 5 of which have funded it in more than one year.
Who is the largest funder of ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,909,154 in grants. The full list of funders is on this page.
How can an organization like ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 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