Neighborhood Self Employment Initiative Inc
BUSINESS OWNERSHIP INITIATIVE OF INDIANA'S MISSION IS TO PROVIDE SERVICES AND SUPPORT TO EMERGING AND EXISTING BUSINESS OWNERS IN THE NINE-COUNTY, INDIANAPOLIS METROPOLITAN AREA. THE SERVICES INCLUDE MICRO LENDING, BUSINESS-TRAINING CLASSES AND WORKSHOPS, ONE-TO-ONE BUSINESS COUNSELING, LIFE COACHING, MENTORING AND ASSISTANCE WITH LOCATING AND OBTAINING FINANCIAL RESOURCES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$6.5M
-14.0% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,501,469 | $7,563,755 | $8,162,575 |
| Revenue | $973,610 | $1,712,079 | $848,057 |
| Expenses | $1,657,739 | $1,781,747 | $1,230,756 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $112,738 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Neighborhood Self Employment Initiative Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREA MCGORDON | VICE CHAIR | 2 | — |
| DREW LINN | BOARD CHAIR | 2 | — |
| PATTY PROSSER | SECRETARY | 2 | — |
| ALTAF HUSSAIN | BOARD MEMBER | 2 | — |
| BILL BOWER | BOARD MEMBER | 2 | — |
| E ZENAI SAVAGE | BOARD MEMBER (As of July 2024) | 1 | — |
| ERICA WILLIAMS | BOARD MEMBER | 2 | — |
| MATHEW FOLEY | BOARD MEMBER | 2 | — |
| NASHELLE FRAZIER | BOARD MEMBER | 1 | — |
| Phil powell | Board Member | 1 | — |
| Ryan O'connor | Board Member | 1 | — |
| SCOTT RANSBURG | BOARD MEMBER | 1 | — |
| STACIE PORTER BILGER | BOARD MEMBER | 2 | — |
| WAYNE PATRICK | BOARD MEMBER | 1 | — |
| David herron | EXECUTIVE DIRECTOR | 40 | $128,937 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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