Orlando Neighborhood Improvement Corporation Inc
89% goes to programs $65 to raise $100 Strong reserves Declining revenue
Orlando Neighborhood Improvement Corporation Inc is a 501(c)(3) organization based in Orlando, Florida, registered in 1986, with $9,338,486 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
500 Delaney Ave Ste 303, Orlando, FL, 32801 EIN 59-2669952 Since 1986
Revenue (FY2024)
$9.3M
▼ 75.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$2.7M
Net assets
$54.0M
Employees
22
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating89% to programs · $65 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Orlando Neighborhood Improvement Corporation Inc: 89% to programs · $65 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating243 mo reserves · +71% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Orlando Neighborhood Improvement Corporation Inc: 243 mo reserves · +71% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Orlando Neighborhood Improvement Corporation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Orlando Neighborhood Improvement Corporation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Onic leverages its provision of multifamily affordable housing to empower and support families, enhancing their housing stability while fostering community and asset building. in addition to providing roofs and walls, onic implements a comprehensive approach that includes free place-based programs and services coordination. onic's mission is to create thriving, sustainable, inclusive, and affordable communities.
What they do
Onic's resident services supports its residents' housing stability through three core pillars: housing stability, asset building, and community building & engagement. from 10/1/2024 to 12/31/2024, 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 443 service interactions, reaching 451 unique individuals. additionally, 47 volunteers contributed over 676 hours of service. collectively, these activities work to keep residents stably housed and connected to resources that support housing retention and community stabilization.
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.
Contact & location
- Address
- 500 Delaney Ave Ste 303, Orlando, FL, 32801
- City
- Orlando
- State
- Florida
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6.9M (FY2013) to $9.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $22.7MNet assets $54.0M
Operating margin
71.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$76.7M
Total liabilities
$22.7M
Net assets
$54.0M
Salaries & benefits
$658K
25% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,338,486▼75.6% | $2,671,662▼95.7% | $54,004,811▲14.1% | $76,674,966▲8.9% | 990 |
| 2023 | $38,324,780▲195% | $62,345,230▲482% | $47,337,987▼33.7% | $70,388,736▼28.6% | 990 |
| 2022 | $13,001,377▼80.3% | $10,712,323▼25.7% | $71,358,437▲3.3% | $98,597,532▲2.1% | 990 |
| 2021 | $66,037,460▲309% | $14,419,472▲26.1% | $69,069,383▲296% | $96,561,449▲67.5% | 990 |
| 2020 | $16,159,756▲28.2% | $11,436,243▲26.1% | $17,451,395▲5.3% | $57,656,701▲38.3% | 990 |
| 2019 | $12,607,820▲36.9% | $9,071,732▲6.5% | $16,569,164▲26.9% | $41,681,585▲11.7% | 990 |
| 2018 | $9,206,728▼5.1% | $8,519,663▲5.9% | $13,055,322▲5.6% | $37,309,134▲4.5% | 990 |
| 2017 | $9,705,229▲15.8% | $8,046,874▲23.0% | $12,368,257▲15.5% | $35,694,067▼2.1% | 990 |
| 2016 | $8,377,773▲21.6% | $6,541,511▲1.1% | $10,709,902▲20.7% | $36,471,515▲19.9% | 990 |
| 2015 | $6,890,930▼3.5% | $6,467,976▲5.4% | $8,873,640▲5.0% | $30,410,213▲2.1% | 990 |
| 2014 | $7,142,294▲4.3% | $6,137,357▼5.7% | $8,450,851▲13.5% | $29,795,995▲1.4% | 990 |
| 2013 | $6,851,113 | $6,507,650▲7.8% | $7,445,914▲4.8% | $29,382,351▲0.9% | 990 |
| 2012 | — | $6,036,791▲11.3% | $7,102,451▲8.6% | $29,132,763▲6.7% | 990 |
| 2011 | — | $5,424,361▲1.0% | $6,541,997▲15.2% | $27,295,553▲2.4% | 990 |
| 2010 | — | $5,372,884▼0.7% | $5,677,492▲22.1% | $26,651,406▲1.8% | 990 |
| 2009 | — | $5,411,705 | $4,649,911 | $26,174,064 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Victoria Scott — $154,913 (5.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Victoria Scott | Vp of Finance | 42 | $154,913 |
| Alfred Arzuaga | President | 42 | $147,027 |
| Alexis Collins | Vp of Resident Services | 42 | $133,838 |
| Cathy Sterba | Director | 1 | — |
| Cindy Colvin | Vice Chair | 1 | — |
| Craig Ridinger | Director | 1 | — |
| Derek Burke | Director | 1 | — |
| Eddie Brown | Director | 1 | — |
| Ericka Dunlap | Chair | 1 | — |
| Kimberly Pizarro Cruz | Director | 1 | — |
| Milton Carroll Jr | Secretary and Treasurer | 1 | — |
| Ralph Armstead | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rb Marks Construction Inc | Construction Services | $1,686,141 |
| Cca-fl LLC | Redevelopment Consulting | $692,993 |
| Lewis Walker Roofing Inc | Roofing Service | $454,719 |
| Schaefer General Contracting Services LLC | Construction Services | $353,751 |
| Signal 88 LLC | Courtesy Patrol Services | $338,233 |
Grants received · $4.0M total
13 grants to Orlando Neighborhood Improvement Corporation Inc totaling $4.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Neighborhood Reinvestment Corp | General support | 2023 | $379,000 |
| Neighborhood Reinvestment Corp | General support | 2022 | $446,864 |
| Neighborhood Reinvestment Corp | General support | 2021 | $604,600 |
| Neighborhood Reinvestment Corp | General support | 2020 | $515,000 |
| Neighborhood Reinvestment Corp | — | 2019 | $394,500 |
| Neighborhood Reinvestment Corp | Unrestricted | 2018 | $402,000 |
| National Christian Charitable Foundation | Growth | 2018 | $500 |
| Neighborhood Reinvestment Corp | Expendable grants | 2017 | $362,190 |
| Neighborhood Reinvestment Corp | Expendable grants | 2016 | $490,000 |
| Neighborhood Reinvestment Corp | Expendable grants | 2015 | $215,000 |
| Neighborhood Reinvestment Corp | Equity capital | 2015 | $85,000 |
| Central Florida Foundation Inc | Americorps volunteer, neighborworks training, crea | 2015 | $25,150 |
| Neighborhood Reinvestment Corp | Expendable | 2014 | $124,825 |
Grants made · $51.0M in FY2023
1 grant totaling $51.0M in FY2023. All grants made by Orlando Neighborhood Improvement Corporation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Orlando Neighborhood Improvement Foundation Inc | To establish the organization's board-designated endowment. these funds will be used in support of onic's charitable mission. | $51,014,469 |
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Frequently asked questions
- Is Orlando Neighborhood Improvement Corporation Inc a legitimate nonprofit?
- Yes. Orlando Neighborhood Improvement Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2669952, based in Orlando, Florida. Donations are tax-deductible.
- What is Orlando Neighborhood Improvement Corporation Inc's EIN?
- Orlando Neighborhood Improvement Corporation Inc's Employer Identification Number (EIN) is 59-2669952.
- How much revenue does Orlando Neighborhood Improvement Corporation Inc report?
- Orlando Neighborhood Improvement Corporation Inc reported $9,338,486 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Orlando Neighborhood Improvement Corporation Inc's spending goes to programs?
- Orlando Neighborhood Improvement Corporation Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Orlando Neighborhood Improvement Corporation Inc have?
- CharityIndex grades Orlando Neighborhood Improvement Corporation Inc A, based on program efficiency and fundraising cost.
- How much does Orlando Neighborhood Improvement Corporation Inc's highest-paid employee make?
- The highest reported compensation on Orlando Neighborhood Improvement Corporation Inc's latest Form 990 is $154,913, paid to Victoria Scott (Vp of Finance).
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Data for Orlando Neighborhood Improvement Corporation Inc (EIN 59-2669952) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.