Form 990 for tax year 2023
Filed by NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $101,514,941
- Total expenses
- $110,028,793
- Contributions and grants received
- $12,419,293
- Grants paid
- $1,309,562
- Program services expenses (Part IX)
- $101,769,515
- Management and general expenses
- $8,259,278
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $101,769,515
Program services were 92.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ADAM ENNIS
BOARD MEMBER/COO
- Total calculated
- $385,626
- From this org
- $0
- From related orgs
- $298,140
- Other
- $87,486
- Hours/week
- 5.5 + 44.5 related
Schedule J breakdown matched by us
- Base
- $0 + $297,600 related
- Bonus
- $0
- Other
- $0 + $540 related
- Deferred
- $0 + $38,804 related
- Nontaxable benefits
- $0 + $48,682 related
- Filer's total
- $0 + $385,626 related
-
BRENDAN MEHAFFY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
BYRON BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
CHARLEY DEPEW
BOARD MEMBER
- Total calculated
- $313,001
- From this org
- $0
- From related orgs
- $247,953
- Other
- $65,048
- Hours/week
- 3 + 47 related
Schedule J breakdown matched by us
- Base
- $0 + $242,208 related
- Bonus
- $0
- Other
- $0 + $5,745 related
- Deferred
- $0 + $46,896 related
- Nontaxable benefits
- $0 + $18,152 related
- Filer's total
- $0 + $313,001 related
-
DANIEL CHOI
CFO
- Total calculated
- $308,511
- From this org
- $0
- From related orgs
- $225,345
- Other
- $83,166
- Hours/week
- 20 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $224,950 related
- Bonus
- $0
- Other
- $0 + $395 related
- Deferred
- $0 + $34,222 related
- Nontaxable benefits
- $0 + $48,944 related
- Filer's total
- $0 + $308,511 related
-
DANIEL MARSH III
PRES/BOARD MEMBER
- Total calculated
- $682,734
- From this org
- $0
- From related orgs
- $519,444
- Other
- $163,290
- Hours/week
- 4.4 + 50.6 related
Schedule J breakdown matched by us
- Base
- $0 + $514,500 related
- Bonus
- $0
- Other
- $0 + $4,944 related
- Deferred
- $0 + $144,693 related
- Nontaxable benefits
- $0 + $18,597 related
- Filer's total
- $0 + $682,734 related
-
DAVID J TREVISANI
BOARD MEMBER/VICE PRESIDENT
- Total calculated
- $352,812
- From this org
- $0
- From related orgs
- $249,303
- Other
- $103,509
- Hours/week
- 10.5 + 39.5 related
Schedule J breakdown matched by us
- Base
- $0 + $243,268 related
- Bonus
- $0
- Other
- $0 + $6,035 related
- Deferred
- $0 + $55,692 related
- Nontaxable benefits
- $0 + $47,817 related
- Filer's total
- $0 + $352,812 related
-
GERTUDE SCRIVEN
BOARD MEMBER
- Total calculated
- $405,183
- From this org
- $0
- From related orgs
- $273,305
- Other
- $131,878
- Hours/week
- 0.5 + 49.5 related
Schedule J breakdown matched by us
- Base
- $0 + $269,028 related
- Bonus
- $0
- Other
- $0 + $4,277 related
- Deferred
- $0 + $111,451 related
- Nontaxable benefits
- $0 + $20,427 related
- Filer's total
- $0 + $405,183 related
-
JOHN MURRAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
KEITH SWENSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
KEVIN GREMSE
BOARD MEMBER
- Total calculated
- $373,664
- From this org
- $0
- From related orgs
- $269,640
- Other
- $104,024
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $267,318 related
- Bonus
- $0
- Other
- $0 + $2,322 related
- Deferred
- $0 + $52,616 related
- Nontaxable benefits
- $0 + $51,408 related
- Filer's total
- $0 + $373,664 related
-
KISTY MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
KYLE DONAHUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
LARRY WEST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
MICHAEL GRIFFIN
BOARD MEMBER
- Total calculated
- $458,452
- From this org
- $0
- From related orgs
- $354,428
- Other
- $104,024
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $352,106 related
- Bonus
- $0
- Other
- $0 + $2,322 related
- Deferred
- $0 + $52,616 related
- Nontaxable benefits
- $0 + $51,408 related
- Filer's total
- $0 + $458,452 related
-
OSEREMI ADEKOYE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
RAQUEL FAVELA
BOARD MEMBER
- Total calculated
- $340,564
- From this org
- $0
- From related orgs
- $271,994
- Other
- $68,570
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $270,868 related
- Bonus
- $0
- Other
- $0 + $1,126 related
- Deferred
- $0 + $32,983 related
- Nontaxable benefits
- $0 + $35,587 related
- Filer's total
- $0 + $340,564 related
-
SHATORAH DONOVAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
SHEILA HUMMEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
STEPHANIE DUGAN
BOARD MEMBER
- Total calculated
- $336,653
- From this org
- $0
- From related orgs
- $247,304
- Other
- $89,349
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $244,168 related
- Bonus
- $0
- Other
- $0 + $3,136 related
- Deferred
- $0 + $54,126 related
- Nontaxable benefits
- $0 + $35,223 related
- Filer's total
- $0 + $336,653 related
-
STEVEN THAYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
SVANTE MYRICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
THOMAS GIBNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
TOM SCHAPPACHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
WHITNEY TRUMBLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
JENNIE VERTREES
SECRETARY
- Total calculated
- $195,307
- From this org
- $0
- From related orgs
- $110,863
- Other
- $84,444
- Hours/week
- 15 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $110,032 related
- Bonus
- $0
- Other
- $0 + $831 related
- Deferred
- $0 + $39,406 related
- Nontaxable benefits
- $0 + $45,038 related
- Filer's total
- $0 + $195,307 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- THE FOLLOWING INDIVIDUALS PARTICIPATE IN A SUPPLEMENTAL 457(F) EXECUTIVE RETIREMENT PLAN, NO CONTRIBUTIONS WERE MADE DURING THE YEAR. - DANIEL MARSH III - GERTRUDE SCRIVEN
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$783,030
GRANT TO A SMALL BUSINESS OWNER FOR REAL ESTATE DEVELOPMENT
-
ECONOMIC DEVELOPMENT GRANT
-
NDC COMMUNITY IMPACT LOAN FUND
$118,000
WORKING CAPITAL GRANT
-
WORKING CAPITAL GRANT
-
$56,017
OPERATIONS (ECON DEV, LI HOUSING, LESSEN BURDENS OF GOV'T)
-
WORKING CAPITAL GRANT
-
KINGS THEATRE MASTER TENANT LLC
$20,000
ANNUAL THANKSGIVING DONATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION
501(C)(3) · ECON DEV/ASSIST GOV'T/HOUSING · VA
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
-
501(C)(3) · LOANS AT BELOW-MARKET RATES FOR ECONOMIC DEVELOPMENT · DE
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
-
501(C)(3) · SUPPORT NDC · NY
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
-
KINGSBOROUGH HOUSING DEVELOPMENT FUND COMPANY INC
501(C)(3) · HOUSING · NY
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
-
NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT
501(C)(3) · ECON DEV/ASSIST GOV'T/HOUSING · NY
-
NDC GREEN RENEWABLE ENERGY ENTERPRISE NEXUS
501(C)(3) · ECONOMIC DEVELOPMENT · NY
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
-
501(C)(3) · ECON DEV/HOUSING/ASSIST GOV'T · DC
Directly controlled by NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413189349307571
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