Neighborhood Self Employment Initiative Inc

INDIANAPOLIS, IN EIN: 35-2028160 Website

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

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M20202021202220232024
Metric202420232022
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

$0$3M$7M$10M$14M3 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M1$1–5M1$5M+

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

David herronEXECUTIVE DIRECTOR$129K

From 2024 filing

NameTitleHoursCompensation
ANDREA MCGORDONVICE CHAIR2
DREW LINNBOARD CHAIR2
PATTY PROSSERSECRETARY2
ALTAF HUSSAINBOARD MEMBER2
BILL BOWERBOARD MEMBER2
E ZENAI SAVAGEBOARD MEMBER (As of July 2024)1
ERICA WILLIAMSBOARD MEMBER2
MATHEW FOLEYBOARD MEMBER2
NASHELLE FRAZIERBOARD MEMBER1
Phil powellBoard Member1
Ryan O'connorBoard Member1
SCOTT RANSBURGBOARD MEMBER1
STACIE PORTER BILGERBOARD MEMBER2
WAYNE PATRICKBOARD MEMBER1
David herronEXECUTIVE DIRECTOR40$128,937

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

IndianapolisLouisville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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