Public Charity

NEIGHBORHOOD ECONOMIC DEVELOP CORP

NEIGHBORHOOD ECONOMIC DEVELOP CORP, of SPRINGFIELD, OR, is a Public Charity tracked in Imperigo's IRS 990 database. 26 publicly reported grants to this organization, totaling roughly $8.2M, appear in IRS filings.

EIN: 930739188 SPRINGFIELD, OR Latest filing: 2019
Grant Records26
Funding Total$8.2M
Filing Years2017–2019

Mission

NEDCO COLLABORATIVELY BUILDS HUMAN CAPITAL ASSETS TO STRENGTHEN NEIGHBORHOODS AND BROADEN PARTICIPATION IN COMMUNITY OWNERSHIP AND GOVERNANCE. NEDCO IS COMMITTED TO PROJECTS THAT STRENGTHEN LOW-INCOME HOUSEHOLDS AND THE NEIGHBORHOODS IN WHICH THEY LIVE AND WORK. IT HAS IMPROVED THE ECONOMIC WELL-BEING OF INDIVIDUALS, FAMILIES, AND NEIGHBORHOODS THROUGH AN ARRAY OF PROGRAMS SPANNING HOMEOWNERSHIP EDUCATION, HOME BUILDING, PRESERVATION OF HISTORIC PROPERTIES, AND FACILITATING SMALL BUSINESS DEVELOPMENT. SUSTAINING A LIVABLE COMMUNITY THROUGH NURTURING COMMUNITY OWNERSHIP AND GOVERNANCE, AND EMPLOYING COMMUNITY DESIGN PROCESSES HAS ESTABLISHED NEDCO AS A LEADER AND INNOVATOR IN COMMUNITY BASED DEVELOPMENT. THE ORGANIZATION WAS FIRST FOUNDED TO SERVE THE EUGENE-SPRINGFIELD AREA OF LANE COUNTY, OREGON. THE ORGANIZATION HAS SINCE EXPANDED ITS SERVICE AREA TO INCLUDE ALL OF LANE COUNTY, THE MID-WILLAMETTE VALLEY, AND CLACKAMAS COUNTY. NEDCO IS OREGON'S FIRST COMMUNITY DEVELOPMENT CORPORATION.

Where $100 goes at Neighborhood Economic Develop Corp

How Neighborhood Economic Develop Corp divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$82 Programs the work itself
$17 Management running the organization
$1 Fundraising raising the next dollar

Inside the $82 for programs

$28
Opportunityworks
34% of program spending · Reported in the filing: 2,500 people
$27
Localworks
33% of program spending
$27
Buildingworks
33% of program spending · Reported in the filing: 23 units; 100 homes
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Source: Form 990 filings with the IRS, latest fiscal year 2019. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Al Coddington
FINANCE MANA Ann Price
DIRECTOR Ben Pinon
EXECUTIVE DI Emily Reiman
DIRECTOR Ericka Fowler
DIRECTOR Jin Plummer

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$7,654,844 7 grants
General Support
$418,330 11 grants
Mental Health & Substance Abuse
$76,599 3 grants
Housing & Homelessness
$12,000 1 grant
Youth Development
$12,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 — — —
2018 $832K $2.5M $7.5M
2017 $2.5M $2.5M $9.6M

Between 2017 and 2018, reported annual revenue declined from $2.5M to $832K (-67%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEIGHBORHOOD ECONOMIC DEVELOP CORP

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