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Orlando Neighborhood Improvement Corporation Inc.

Orlando Neighborhood Improvement Corporation Inc.

Orlando, FL 32805
Tax ID59-2669952

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About this organization

Revenue

$9,206,728

Expenses

$8,519,663

Mission

To be the leader in Central Florida in providing stable, thriving communities of opportunity through quality, affordable housing, with engaged residents in a service-enriched environment.

About

ONIC directly operates 786 units of affordable rental housing, serves as general partner of an entity which owns an additional 266 units of affordable rental housing, and owns and leases commercial retail space in an economically distressed area of Orlando.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Onic's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration.”.

When discussing its purpose, they were characterized as: “Onic's mission is to be a leader in central florida in providing stable, thriving communities of opportunity through quality, affordable housing, with engaged residents in a service-enriched environment.”.

  • The state in which the non-profit is legally authorized to operate is FL, as reported.
  • The filing confirms that the non-profit's address in 2020 was 101 S Terry Avenue, Orlando, FL, 32805.
  • The form of the non-profit reports 0 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $687,065.
  • The organization has 14 independent voting members.
  • The organization was formed in 1985.
  • The organization pays $2,381,647 in salary, compensation, and benefits to its employees.
  • The organization pays $29,787 in fundraising expenses.

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