Overview
What is National Council For Community Development Inc?
The National Council For Community Development Inc, also known as The National Development Council (NDC), is a New York-based nonprofit organization with a mission to create economic opportunities, affordable housing, and strengthen communities in underserved areas across the United States. NDC achieves this by encouraging and fostering business ownership among disadvantaged individuals and those residing in low-income census tracts. They provide various financial assistance, including SBA-guaranteed loans (7A and PPP), COVID recovery grants, non-guaranteed loans, and business counseling services at no cost. NDC has extended over $609 million in COVID recovery financing through grants and loans at below-market interest rates with attractive terms. Their workforce comprises 102 employees dedicated to helping underserved communities thrive economically.
Official website here: www.growamerica.org
Is National Council For Community Development Inc legitimate?
National Council For Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Council For Community Development Inc 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: $1,183,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,497,963
For more financial information, click here
Official website here: www.growamerica.org
What is the mission statement of National Council For Community Development Inc?
The National Council for Community Development Inc, also known as The National Development Council (NDC), aims to create economic opportunities and provide affordable housing in underserved areas across the United States. Their mission encompasses three primary objectives. Firstly, they encourage and foster business ownership among disadvantaged groups. Secondly, they conduct programs to help communities access and utilize governmental and other funds for local economic development. Lastly, they provide quality housing for low-income individuals. The organization aims to improve the overall well-being and economic stability of underprivileged communities through their initiatives.
Official website here: www.growamerica.org
Who is the CEO of National Council For Community Development Inc?
Daniel Marsh Iii is the President & Ceo of National Council For Community Development Inc. The CEO's salary of National Council For Community Development Inc is $452,944 and their total compensation is $643,757.
Official website here: www.growamerica.org
What is the revenue of National Council For Community Development Inc?
National Council For Community Development Inc's revenue in 2022 was $35,945,507.
Official website here: www.growamerica.org
Who are the executives of National Council For Community Development Inc and what are their salaries?
The average compensation at National Council For Community Development Inc during 2022 was $55,699. There are 102 employees and 10 volunteers at National Council For Community Development Inc.
Here are 19 key members and their salaries (National Council For Community Development Inc's CEO's salary is $452,944 and their total compensation is $643,757):
- Daniel Marsh Iii (President & Ceo) [Trustee/Director]
- Michael Griffin (Fund Manager)
- Gertrude Scriven (Treasurer)
- Kevin Gremse (Regional Manager)
- Adam Ennis (Coo/Assistant Secretary)
- David Trevisani (Product Manager)
- Raquel Favela (Senior Director)
- Stephanie Dugan (Product Manager)
- Daniel Choi (Cfo)
- Gary Perlow (Board Member) [Trustee/Director]
- Jamie Blosser (Board Member) [Trustee/Director]
- Jessica Costello (Secretary) [Trustee/Director]
- Jessica Zimbabwe (Board Member) [Trustee/Director]
- Patrick Duggan (Board Member) [Trustee/Director]
- Regina Montoya (Board Member) [Trustee/Director]
- Saundra Hudson (Outgoing Board Member) [Trustee/Director]
- Seth Bongartz (Chair/Board Member) [Trustee/Director]
- Stuart Comstock-Gay (Board Member) [Trustee/Director]
- Tomasita Duran (Board Member) [Trustee/Director]
Official website here: www.growamerica.org
Where can I find the form 990 for National Council For Community Development Inc?
The National Council For Community Development Inc’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 National Council For Community Development Inc
The National Council For Community Development Inc, also known as The National Development Council (NDC), is a mission-driven organization dedicated to creating economic opportunities, promoting affordable housing, and strengthening communities in underserved areas throughout the United States. By fostering business ownership among disadvantaged groups, the Council plays a pivotal role in local economic development. It designs and executes programs that empower communities in accessing and utilizing governmental and other funds, as well as providing quality housing solutions for low-income individuals.
Established with the primary purpose of fostering business ownership, the National Council For Community Development, Inc. extends opportunities to disadvantaged groups, enabling them to become active participants in the economic landscape. The Council's commitment to business development extends beyond just providing training and resources; it fosters an environment that encourages growth and success.
In addition to its business development initiatives, the National Council For Community Development, Inc. focuses its efforts on conducting programs aimed at informing and aiding communities in securing governmental and other funds for local economic development. By providing expert guidance, the Council empowers communities to take control of their economic futures and creates a lasting impact on the areas it serves. Furthermore, the organization offers quality housing solutions for low-income individuals, ensuring they have access to safe, affordable living environments that help them thrive.
Impact
This information is meant to be a general summary of National Council For Community Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
National Council For Community Development Inc, operating as the National Development Council (NDC), has made a significant impact in creating economic opportunity, promoting affordable housing, and strengthening communities in underserved areas across the United States. Through its advisory services and small business lending units, NDC has assisted over 35,800 small businesses owned by disadvantaged individuals or located in low-income areas by providing various types of loans, training, and business counseling services.
NDC has extended over $609 million in COVID recovery financing in the form of grants or loans at below-market interest rates, with favorable terms. Additionally, the organization offers business counseling services at no cost to small businesses, further supporting their growth and sustainability.
Overall, National Council For Community Development Inc's focus on encouraging business ownership by disadvantaged groups, informing and aiding communities in accessing funding for economic development, and providing quality housing for low-income individuals has had a positive impact on community improvement and empowerment nationwide.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL ASSISTANCE
Revenue
$5,748,432
TRAINING REVENUE
Revenue
$2,056,686
ASSET MANAGEMENT FEES
Revenue
$1,569,205
LOAN INTEREST
Revenue
$69,769
Organization Details
Founding Year
1972
Phone
(212) 682-1106
Principal Officer
Daniel Marsh Iii
Main Address
633 THIRD AVE 19J, NEW YORK, NY, 10017
Website
www.growamerica.org
NTEE Category
Code: S200 - Community improvement
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