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Neighborhood Development Corporation

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

EIN: 421489223 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Development Corporation?

The Neighborhood Development Corporation is a nonprofit organization situated in Des Moines, Iowa. With a focus on community improvement, they primarily acquire both commercial and residential properties for future development. These renovations align with government-approved plans, aiming to combat local deterioration and stimulate the creation of affordable housing, small businesses, and job opportunities in low to moderate-income census tracks. Their mission in Polk County, Iowa, specifically involves the redevelopment of deteriorated properties to revitalize neighborhoods and foster growth. The organization operates with a modest team of two dedicated individuals.


Official website here: www.ndcdsm.org

Is Neighborhood Development Corporation legitimate?

Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood 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: $305,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ndcdsm.org

What is the mission statement of Neighborhood Development Corporation?

The Neighborhood Development Corporation's mission is to enhance neighborhoods and combat community deterioration. This is achieved through targeted redevelopment efforts, specifically designed to create housing, small business, and job opportunities for residents. The corporation acquires both commercial and residential properties with the intention of future development, aligning with government-approved development plans. This strategy aims to assist in the creation of prospects in low to moderate income census tracks.


Official website here: www.ndcdsm.org

Who is the CEO of Neighborhood Development Corporation?

Abbey Gilroy is the President of Neighborhood Development Corporation.


Official website here: www.ndcdsm.org

What is the revenue of Neighborhood Development Corporation?

Neighborhood Development Corporation's revenue in 2022 was $1,846,921.


Official website here: www.ndcdsm.org

Who are the executives of Neighborhood Development Corporation and what are their salaries?

The average compensation at Neighborhood Development Corporation during 2022 was $152,947. There are 2 employees at Neighborhood Development Corporation.

Here are 12 key members and their salaries:

    Abbey Gilroy (Executive Director)
  • Compensation: $177,736
  • Related: $0
  • Other: $4,481

    • Sadie Trytten (Employee)
  • Compensation: $123,096
  • Related: $0
  • Other: $581

    • Brian Clark (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Johansen (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Vandelune (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Olson-Douglas (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mel Pins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Squire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Lundgren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Preusch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndcdsm.org

    Where can I find the form 990 for Neighborhood Development Corporation?

    The Neighborhood Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ndcdsm.org

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

    Mission Statement of Neighborhood Development Corporation

    The Neighborhood Development Corporation, a nonprofit organization, is committed to enhancing neighborhoods and combating community deterioration. They achieve this mission through redevelopment efforts specifically designed to create housing, small business, and job creation opportunities for residents in Polk County, Iowa. The corporation acquires both commercial and residential properties for future development, ensuring that these projects align with government-approved development plans. By doing so, they contribute to the combat of community deterioration and assist in the creation of opportunities in low to moderate income census tracks.

    Impact

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




    Saturday, July 20, 2024

    Neighborhood Development Corporation's impact is significant in Polk County, Iowa. By acquiring and redeveloping deteriorated properties in the area, they are actively combatting community deterioration and creating housing, small business, and employment opportunities. Their efforts are specifically designed to enhance neighborhoods and improve the quality of life for residents in low to moderate-income census tracks in Des Moines. Overall, Neighborhood Development Corporation is playing a crucial role in revitalizing the community and fostering economic growth in the region.





    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: $0
  • Program Service Revenue: $502,103
  • Gross Receipts: $1,846,921

    • Assets and Liabilities:
  • Total Assets: $8,334,749
  • Total Liabilities: $5,955,334
  • Net Assets: $2,379,415
  • Programs

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

    RENTAL INCOME

    Revenue

    $370,334

    DEVELOPMENT FEE INCOME

    Revenue

    $131,769

    Organization Details

    Founding Year

    1999

    Principal Officer

    Abbey Gilroy

    Main Address

    2331 UNIVERSITY AVENUE STE 202, DES MOINES, IA, 50311

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Neighborhood Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.