Mission
NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE FOLLOWING CHARITABLE PURPOSES:A. TO CONSTRUCT NEW LOW INCOME HOUSING AND TO DEVELOP, MANAGE, OPERATE, PROMOTE, FUND, AND SUPPORT EXISTING LOW (CONT. ON SCHEDULE O)
Public Charity
NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION
NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $13.3M in revenue, $12.8M in expenses, $44.2M in total assets. 7 publicly reported grants to this organization, totaling roughly $8.8M, appear in IRS filings.
EIN: 112933129
NEW YORK, NY
Latest filing: 2024
Total Revenue$13.3M
Total Expenses$12.8M
Total Assets$44.2M
Grant Records7
Funding Total$8.8M
Filing Years2019–2024
Where $100 goes at Ndc Housing & Economic Development Corporation
How Ndc Housing & Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$85
Programs
the work itself
$15
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $85 for programs
$70
Low income housing:hedc is a national leader in low-income housing through both development and investment
$9
Lessening the burdens of government
$6
Stimulate economic development in economically depressed areas: hedc works with nonprofit organizations, service providers and units of local government to stimulate economic development in the economically depressed neighborhoods…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ECONOMIC DEVELOPMENT GRANT
$1,250,000
ECONOMIC DEVELOPMENT GRANT
$200,000
OPERATIONS (ECON DEV, LI HOUSING, LESSEN BURDENS OF GOV'T)
$600,000
OPERATIONS (ECON DEV, LI HOUSING, LESSEN BURDENS OF GOV'T)
$1,250,000
OPERATIONS (ECON DEV, LI HOUSING, LESSEN BURDENS OF GOV'T)
$1,250,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
BORD MEMBER/COO
Adam Ennis
BOARD MEMBER
Charley Depew
VICE PRESIDENT
Daniel Choi
PRESIDENT/BOARD MEMBER
Daniel Marsh Iii
BOARD MEMBERR/VP
David J Trevisani
SECRETARY
Jennifer Vertrees
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.3M | $12.8M | $44.2M |
| 2023 | $12.4M | $11.2M | $34.1M |
| 2022 | $13.2M | $11.8M | $30.3M |
| 2020 | $10.8M | $10.4M | $21.0M |
| 2019 | $10.7M | $9.8M | $18.9M |
Between 2019 and 2024, reported annual revenue grew from $10.7M to $13.3M (+24%), with total assets most recently reported at $44.2M.
Interactive year-over-year charts and full filing details available with membership.