Ndc Housing & Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112933129 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Ndc Housing & Economic Development Corporation?

Ndc Housing & Economic Development Corporation is a national nonprofit organization headquartered in New York, NY. Their primary mission is to construct and develop safe and adequate low-income housing for disadvantaged individuals and communities in need. By working with nonprofit organizations and service providers across the US, they have created over 14,000 affordable housing units, totaling more than $2.5 billion in investments in distressed areas of over 30 states. This charitable endeavor aims to alleviate housing shortages, stimulate economic development, and promote social welfare.


Official website here: www.growamerica.org

Is Ndc Housing & Economic Development Corporation legitimate?

Ndc Housing & Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndc Housing & Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,777,580

For more financial information, click here


Official website here: www.growamerica.org

What is the mission statement of Ndc Housing & Economic Development Corporation?

The Ndc Housing & Economic Development Corporation was established with charitable objectives, including constructing new and supporting existing low-income housing for disadvantaged individuals, alleviating housing shortages in the US, stimulating economic development in distressed areas, and promoting social welfare. The organization focuses on building new affordable housing and managing, operating, promoting, funding, and supporting existing low-income housing for people in need, such as those with limited financial means, disabled persons, the elderly, and others. Additionally, the corporation contributes to the erection and maintenance of public facilities and structures, lessens government burdens, and works towards enhancing overall social welfare.


Official website here: www.growamerica.org

Who is the CEO of Ndc Housing & Economic Development Corporation?

Daniel Marsh Iii is the Bord Member/Coo of Ndc Housing & Economic Development Corporation.


Official website here: www.growamerica.org

What is the revenue of Ndc Housing & Economic Development Corporation?

Ndc Housing & Economic Development Corporation's revenue in 2022 was $13,208,840.


Official website here: www.growamerica.org

Who are the executives of Ndc Housing & Economic Development Corporation and what are their salaries?

Here are 11 key members and their salaries:

    Daniel Marsh Iii (President/Bd Member) [Trustee/Director]
  • Compensation: $0
  • Related: $452,944
  • Other: $190,813

    • Michael Griffin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $252,267
  • Other: $104,805

    • Gertrude Scriven (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $213,515
  • Other: $120,444

    • Kevin Gremse (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $243,106
  • Other: $90,436

    • Adam Ennis (Bord Member/Coo) [Trustee/Director]
  • Compensation: $0
  • Related: $220,109
  • Other: $90,195

    • David J Trevisani (Board Memberr/Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $214,643
  • Other: $85,560

    • John Palyo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $214,066
  • Other: $81,711

    • Raquel Favela (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $216,670
  • Other: $72,461

    • Stephanie Dugan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $215,123
  • Other: $73,474

    • Charley Depew (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $209,259
  • Other: $27,998

    • Jennifer Vertrees (Secretary)
  • Compensation: $0
  • Related: $101,193
  • Other: $77,225


  • Official website here: www.growamerica.org

    Where can I find the form 990 for Ndc Housing & Economic Development Corporation?

    The Ndc Housing & Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.growamerica.org

    Learn more at the official website: www.growamerica.org

    Mission Statement of Ndc Housing & Economic Development Corporation

    Ndc Housing & Economic Development Corporation, a charitable organization, was established with a mission to construct new and support existing low-income housing for disadvantaged individuals. The corporation aims to alleviate housing shortages throughout the United States by developing, managing, operating, promoting, funding, and supporting affordable housing for people of limited financial means, disabled persons, the elderly, and others in need. By providing safe and adequate housing, Ndc Housing & Economic Development Corporation contributes significantly to the betterment of communities.

    Moreover, the organization extends its efforts beyond housing construction. It also assists in the erection and maintenance of public buildings, monuments, facilities, or works, and promotes social welfare. In addition to lessening the burdens of governments, Ndc Housing & Economic Development Corporation plays a crucial role in responding to the needs of the most vulnerable population segments in society. Thus, the corporation effectively addresses housing shortages and demonstrates a commitment to promoting social welfare through its charitable initiatives.

    Impact

    This information is meant to be a general summary of Ndc Housing & Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    NDC Housing & Economic Development Corporation has made a significant impact by constructing new and supporting existing safe and adequate low-income housing for disadvantaged persons. This effort assists in alleviating housing shortages throughout the United States and stimulates economic development in economically distressed areas. The organization has developed, financed, operated, and managed over 14,000 units of quality, safe, adequate, and affordable low-income housing, totaling more than $2.5 billion of investment in low-income communities across more than 30 states. Through their work, they have positively impacted the lives of individuals and families in need of housing support.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,903
  • Program Service Revenue: $12,602,470
  • Gross Receipts: $13,208,840

    • Assets and Liabilities:
  • Total Assets: $30,272,835
  • Total Liabilities: $13,466,760
  • Net Assets: $16,806,075
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MGMT FEES ECONOMIC DEV

    Revenue

    $12,602,470

    Organization Details

    Founding Year

    1988

    Principal Officer

    Daniel Marsh Iii

    Main Address

    633 THIRD AVE 19J, NEW YORK, NY, 10017

    NTEE Category

    Code: L21 - Housing

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