Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEAR EAST AREA RENEWAL INC is a nonprofit focused on home repairs in Indianapolis, working to build community through equitable housing, neighborhood renewal, creative placemaking, economic development, and environmental justice. In filing year 2025, it reported an operating budget of $809.3K and total revenue of $977.2K, with support from funders including Indianapolis Neighborhood Housing Partnership Inc, JOHN H BONER COMMUNITY CENTER INC, LOCAL INITIATIVES SUPPORT CORPORATION, THE INDIANAPOLIS FOUNDATION INC, and Nina Mason Pulliam Charitable Trust; no single funder appears to account for 50% or more of revenue based on the provided figures.

Mission Statement

NEAR EAST AREA RENEWAL ("NEAR") DEVELOPS COMMUNITY BY CREATING GREAT PLACES WITH NEIGHBORS. WE EXPRESS THIS MISSION THROUGH EQUITABLE HOUSING, NEIGHBORHOOD RENEWAL, CREATIVE PLACEMAKING, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL JUSTICE. WE WORK WITH NEIGHBORS AND BRING PEOPLE TOGETHER TO ADDRESS LOCAL QUALITY OF LIFE CHALLENGES.
Revenues
$977.2K
Expenses
$809.3K
Net Income:
+$167.9K
Assets
$5.1M
Liabilities
$860.2K
Net Assets:
+$4.2M
Operating Budget
$809.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$141.4K
Largest grant received
$250.5K
M
Michael Gomez
Board Member
D
Desma Belsaas
Board Member
E
Emily Duncan
Board Member
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Frequently Asked Questions

What is NEAR EAST AREA RENEWAL INC’s budget?
In 2025, NEAR EAST AREA RENEWAL INC reported an annual operating budget of around $809 thousand. More detailed financial information is available to registered users.
What causes does NEAR EAST AREA RENEWAL INC support?
NEAR EAST AREA RENEWAL INC supports work in Home repairs.
Where does NEAR EAST AREA RENEWAL INC operate?
NEAR EAST AREA RENEWAL INC is headquartered in Indianapolis, IN.
Who funded NEAR EAST AREA RENEWAL INC recently?
In 2024, NEAR EAST AREA RENEWAL INC received grants from Indianapolis Neighborhood Housing Partnership Inc, LOCAL INITIATIVES SUPPORT CORPORATION, and Indianapolis Neighborhood Housing Partnership Inc. More information on this organization’s funders is available to registered users.
What is the largest grant NEAR EAST AREA RENEWAL INC received in 2024?
The largest grant to NEAR EAST AREA RENEWAL INC in 2024 exceeds $251 thousand.
What is NEAR EAST AREA RENEWAL INC’s reliance on government grants?
NEAR EAST AREA RENEWAL INC relied on government grants for more than 65% of their total revenue in 2025.