Skip to the page content
Passes our checks

Layton Boulevard West Neighbors Inc

EIN 39-1817581 · Milwaukee, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O.

Income
$4.6 million
Spending
$2.3 million
Spent on programs
83%
Reserves
20.6 months of spending
Largest source of income
donations and private grants, 75%
Employees
12
Volunteers
13
Highest pay
$102,624, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 96 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 20.6 months of spending.

  • Debt

    16 of 20

    It owes 28% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 50% of income.

  • Income trend

    15 of 15

    Income rose 86% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $872,691 spent. ECONOMIC DEVELOPMENT - THIS PROGRAM ADVANCES EQUITY IN ECONOMIC DEVELOPMENT BY ENSURING THAT NEIGHBORHOODS HAVE ACCESS TO QUALITY BUSINESSESAND THAT LOCAL ENTREPRENEURS HAVE THE SAME OPPORTUNITIES AND RESOURCES AS THOSE WHO HAVE HISTORICALLY BENEFITED FROM SYSTEMIC ADVANTAGES. THROUGH PLANNING, TECHNICAL ASSISTANCE, AND CONNECTIONS TO COMMERCIAL REVITALIZATION GRANTS AND OTHER RESOURCES, WE SUPPORT THE GROWTH OF EXISTING BUSINESSES AND HELP NEIGHBORHOOD ENTREPRENEURS START AND SCALE THEIR VENTURES. STRENGTHENING ECONOMIC VITALITY AND BUILDING COMMUNITY WEALTH ARE ESSENTIAL TO ENHANCING QUALITY OF LIFE IN OUR NEIGHBORHOODS.
  2. $650,556 spent. AFFORDABLE DEVELOPMENT PROJECTS VIA CDC PURCHASES, RENOVATES, AND BUILDS COMMERCIAL AND RESIDENTIAL PROPERTIES TO STABILIZE THE NEIGHBORHOOD, CREATE A CATALYTIC IMPACT, AND SPUR ADDITIONAL INVESTMENTS. IN ADDITION TO TRANSFORMING VACANT, BLIGHTED, AND/OR FORECLOSED PROPERTIES INTO TURNKEY HOMES FOR OWNER-OCCUPANTS AND RENT-TO-OWN OPPORTUNITIES FOR FAMILIES OR BUSINESSES, VIA ALSO DEVELOPS NEW CONSTRUCTION OF SINGLE-FAMILY HOUSING ON VACANT LOTS. BUILDINGS THAT SUPPORT PEOPLE ARE ESSENTIAL TO A GOOD QUALITY OF LIFE IN ANY COMMUNITY.
  3. $242,865 spent. COMMUNITY BUILDING AND LEADERSHIP DEVELOPMENT - THIS PROGRAM CULTIVATES GRASSROOTS COMMUNITY LEADERS AND CONNECTS THEM TO ONE ANOTHER TO SUSTAIN A STRONG, HEALTHY NEIGHBORHOOD. VIA CDC FOSTERS OPPORTUNITIES FOR NEIGHBORS AS BOTH DECISION-MAKERS AND ACTIVE PARTICIPANTS IN NEIGHBORHOOD CHANGE AND CONTINUOUS IMPROVEMENT OF THE QUALITY OF LIFE IN THE COMMUNITY.
  4. $138,611 spent. HOUSING OUTREACH - THIS PROGRAM BUILDS ON THE STRENGTHS OF NEIGHBORHOOD PRIDE AND THE CHARM OF OUR HISTORICBUT AGINGHOUSING STOCK. TO BETTER UNDERSTAND COMMUNITY NEEDS AND OPPORTUNITIES, WE REGULARLY CONDUCT HOUSING SURVEYS THAT HELP US MONITOR CONDITIONS, STAY CONNECTED WITH NEIGHBORS, AND IDENTIFY WHAT RESOURCES THEY MAY BE ELIGIBLE FOR. VIA CDC ADMINISTERS GRANTS AND CONNECTS NEIGHBORS TO A RANGE OF SUPPORT SERVICES TO HELP THEM ACHIEVE THEIR HOUSING GOALSWHETHER IT'S PURCHASING, REPAIRING, RENTING, OR MAINTAINING A HOME. ACCESS TO SAFE, STABLE, AND HEALTHY HOUSING IS ESSENTIAL TO IMPROVING QUALITY OF LIFE IN ANY COMMUNITY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Worth knowing.

    Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1946.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.