NEIGHBORHOOD DEVELOPMENT CENTER INC

As filed

Subsection

03

NTEE code

P21Z

Classification

2000

Street

625 UNIVERSITY AVENUE W

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• REAL ESTATE DEVELOPMENT INITIATIVE PROGRAM - ENCOURAGES NEIGHBORHOOD REVITALIZATION, PROPERTY OWNERSHIP, AND BUSINESS OWNERSHIP BY ENTREPRENEURS WITHIN SPECIFIC PRIORITY LOW-INCOME NEIGHBORHOODS. IN 2025, NDC MANAGED OVER 200,000 SQUARE FEET OF AFFORDABLE COMMERCIAL SPACE IN LOW-INCOME NEIGHBORHOODS, WHERE IT LEASED TO 65 TENANTS AND PROVIDED THEM WITH WRAP-AROUND BUSINESS SERVICES.

  Expenses $1,451,606 · Grants $679,746 · Revenue $536,196

• LENDING AND FINANCING PROGRAM - PROVIDES FUNDS TO START-UP AND EXISTING BUSINESSES. IN 2025, NDC HAD A $11. MILLION DOLLAR REVOLVING LOAN FUND. LOANS WERE PROVIDED TO BUSINESSES THAT MET CERTAIN GEOGRAPHICAL AND INCOME CRITERIA. A PORTION OF AVAILABLE FUNDS ARE DEDICATED TO BE USED FOR PROFIT-BASED FINANCING TO ACCOMMODATE FAITH AND/OR CULTURAL VALUES OF BORROWERS. NDC APPROVED 49 LOANS IN 2025, TOTALING $4,391,070, IN PRIORITY AND OTHER NEIGHBORHOODS, AS FOLLOWS: 24 SMALL BUSINESS LOANS (LARGER THAN $50K) 25 MICROLOANS ($50K OR LESS)IN ADDITION, NDC APPROVED 9 CREDIT-BUILDER LOANS IN 2025, TOTALING $2,700.ALSO, THE LENDING DEPARTMENT ADMINISTERED TWO GRANT PROGRAMS IN 2025 THE NDC EMERGENCY GRANTS PROGRAM, WHERE 3 BUSINESSES RECEIVED GRANTS TOTALING $7,500. THE EQUITY GRANTS PROGRAM, WHERE 1 BUSINESS RECEIVED A GRANT TOTALING $7,500

  Expenses $14,833,773 · Grants $10,074,600 · Revenue $784,712

• TECHNICAL ASSISTANCE PROGRAM - SUPPORTS THE GROWTH OF NEW AND EXISTING BUSINESSES IN THE COMMUNITY. IN 2025, NDC PROVIDED 3,205 HOURS OF BUSINESS SERVICES TO 377 BUSINESSES IN ITS PRIORITY AND OTHER NEIGHBORHOODS.

  Expenses $1,115,094 · Revenue $808,406

• ENTREPRENEUR TRAINING PROGRAM - OFFERS WEEKLY SESSIONS WHICH TRAIN PARTICIPANTS TO OWN AND OPERATE THEIR OWN BUSINESSES. BY THE END OF THE TRAINING SESSION, PARTICIPANTS WILL HAVE DEVELOPED A BUSINESS PLAN AND HAVE HAD INDIVIDUAL SESSIONS WITH A PROFESSIONAL TRAINING CONSULTANT. NDC WORKS WITH NEIGHBORHOOD PARTNERS TO ENHANCE THEIR CAPACITY TO CREATE AND CONDUCT ECONOMIC DEVELOPMENT INITIATIVES WITHIN THEIR OWN COMMUNITIES. IN 2025, NDC AND ITS NEIGHBORHOOD PARTNERS OFFERED 12 ENTREPRENEUR TRAINING CLASSES TO 133 ENROLLED ASPIRING ENTREPRENEURS FROM VARIOUS ETHNIC GROUPS AND NEIGHBORHOODS. IN ADDITION, ASPIRING ENTREPRENEURS RECEIVED 364 HOURS OF ONE-ON-ONE TRAINING CONSULTATIONS. DURING THE SAME YEAR, NDC ALSO OFFERED 55 BUSINESS-RELATED WORKSHOPS TO 309 ENTREPRENEURS.

  Expenses $550,626

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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, and on a Form 990-PF Part VIII's — 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. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $28,158,842

  Expenses

  $20,405,631

  Contributions

  $25,652,272

  Grants paid

  $10,754,346

• 2024

  Revenue

  $14,198,019

  Expenses

  $11,999,558

  Contributions

  $12,134,358

  Grants paid

  $2,892,786

• 2023

  Revenue

  $10,163,231

  Expenses

  $7,569,563

  Contributions

  $8,691,148

  Grants paid

  $623,718

• 2022

  Revenue

  $11,058,060

  Expenses

  $11,928,537

  Contributions

  $9,858,064

  Grants paid

  $3,920,744

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $8,166,037

  Expenses

  $6,906,110

  Assets (EOY)

  $31,605,903

• 2020 · 990

  Revenue

  $17,057,172

  Expenses

  $7,875,271

  Assets (EOY)

  $27,377,284

• 2019 · 990

  Revenue

  $5,269,327

  Expenses

  $4,714,328

  Assets (EOY)

  $16,878,498

• 2018 · 990

  Revenue

  $5,837,921

  Expenses

  $4,465,086

  Assets (EOY)

  $15,012,914

• 2017 · 990

  Revenue

  $5,416,102

  Expenses

  $4,199,832

  Assets (EOY)

  $10,915,641

• 2016 · 990

  Revenue

  $2,322,254

  Expenses

  $3,154,382

  Assets (EOY)

  $8,904,505

• 2015 · 990

  Revenue

  $4,281,746

  Expenses

  $3,170,067

  Assets (EOY)

  $9,766,313

• 2014 · 990

  Revenue

  $3,292,885

  Expenses

  $3,109,916

  Assets (EOY)

  $12,270,615

• 2013 · 990

  Revenue

  $3,850,418

  Expenses

  $3,223,345

  Assets (EOY)

  $11,563,107

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $2,926,500

  Assets (EOY)

  $15,394,109

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• HMONG VILLAGE INC

  $300,000

  2022 · CULTURAL MALL GRANT

• MERCADO CENTRAL LLC

  $300,000

  2022 · CULTURAL MALL GRANT

• FINNOVATION LAB

  $207,211

  2025 · BUSH GRANT PASS THRU GRANT

• FRIENDS OF GLOBAL MARKET

  $108,000

  2025 · NDC

• GROCERIES AND NEPALI KITCHEN INC

  $85,000

  2023 · PASS-THROUGH GRANT

• MGM

  $75,000

  2023 · PASS-THROUGH GRANT

• PRINT & BUY

  $54,548

  2023 · PASS-THROUGH GRANT

• JWP AUTOMOTIVE LLC

  $50,000

  2024 · PASS-THROUGH GRANT

• GRANADA THEATER LLC

  $50,000

  2025 · PROMISE ACT GRANT

• NEIGHBORHOOD COMMERCIAL SPACES LLC

  $50,000

  2025 · NDC

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• GROUNDBREAK COALITION

  $1,150,000

  2025 · SUPPORT OF GROUNDBREAK COALITION PROGRAM

• OPPORTUNITY FINANCE NETWORK

  $500,000

  2024 · OPERATING GRANT

• CONSTELLATION FUND

  $400,000

  2022 · General operating support

• LOCAL INITIATIVES SUPPORT CORPORATION

  $202,500

  2024 · SEE PART IV

• SAINT PAUL & MINNESOTA FOUNDATION

  $191,138

  2023 · MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES

• LOCAL INITIATIVES SUPPORT CORPORATION

  $152,500

  2023 · SEE PART IV

• CHARITIES AID FOUNDATION AMERICA

  $108,335

  2023 · CHARITABLE DONATION

• AMERICAN ONLINE GIVING FOUNDATION INC

  $106,890

  2024 · GENERAL SUPPORT

• WOMENS FOUNDATION OF MINNESOTA

  $100,500

  2023 · Entrepreneurship grant; honorarium payment for BMO Event

• CONSTELLATION FUND

  $100,000

  2024 · General operations

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files