Mission
TO ENHANCE NEIGHBORHOODS AND COMBAT COMMUNITY DETERIORATION THROUGH REDEVELOPMENT EFFORTS SPECIFICALLY DESIGNED TO CREATE HOUSING, SMALL BUSINESS, AND JOB CREATION OPPORTUNITIES FOR RESIDENTS OF POLK COUNTY, IOWA
Public Charity
NEIGHBORHOOD DEVELOPMENT CORPORATION
NEIGHBORHOOD DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in DES MOINES, IA. Its most recent IRS filing (2025) reports revenue of $1.4M, expenses of $758K, total assets of $7.4M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $555K.
EIN: 421489223
DES MOINES, IA
Housing Rehabilitation
NTEE: L25
Latest filing: 2025
Total Revenue$1.4M
Total Expenses$758K
Total Assets$7.4M
Grant Records3
Funding Total$555K
Filing Years2019–2025
Where $100 goes at Neighborhood Development Corporation
How Neighborhood Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$77
Programs
the work itself
$23
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 $77 for programs
$77
Ndc sustainably enhances neighborhoods by serving as a catalyst for redevelopment efforts that focus on creating a mix of housing and commercial development through community collaboration
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
DEVELOPER GRANT
$231,796
DEVELOPER GRANT
$65,900
DEVELOPER GRANT
$256,968
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR
Aaron Brown
TREASURER
Bill Gray
PRESIDENT
Bret Vandelune
VICE PRESIDENT
Carl Voss
DIRECTOR
Jed Gammell
PAST PRESIDENT
Mel Pins
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.4M | $758K | $7.4M |
| 2024 | $2.1M | $3.5M | $7.2M |
| 2023 | $5.3M | $2.7M | $10.9M |
| 2022 | $1.8M | $1.5M | $8.3M |
| 2019 | $-392K | $1.1M | $4.3M |
Between 2019 and 2025, reported annual revenue moved from $-392K to $1.4M, with total assets most recently reported at $7.4M.
Interactive year-over-year charts and full filing details available with membership.