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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: 264669601 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Development Corporation?

Neighborhood Development Corporation, based in Cedar Rapids, Iowa, is a nonprofit organization dedicated to fostering commercial and residential growth. They achieve this through various means, such as building rehabilitation, new construction, and infill development. The primary mission of this organization is to revitalize deteriorated properties in Cedar Rapids, Iowa, by coordinating and implementing public and private redevelopment efforts. Their goal is to reduce the challenges associated with commercial and residential development, particularly in low to moderate income census tracks within the city and Linn County, Iowa. Despite the information not specifying any recent projects, Neighborhood Development Corporation remains committed to its mission of enhancing local communities.


Official website here: www.ndccedarrapids.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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ndccedarrapids.org

What is the mission statement of Neighborhood Development Corporation?

The Neighborhood Development Corporation's mission is centered around planning, coordinating, and implementing public and private redevelopment efforts in recognized neighborhoods located in low to moderate income census tracks. Their aim is to alleviate the burdens associated with commercial and residential development. This is accomplished through various means, such as encouraging and providing commercial and residential options through building rehabilitation, new construction, and in-fill development. However, it should be noted that no new projects were initiated during the year in question.


Official website here: www.ndccedarrapids.org

Who is the CEO of Neighborhood Development Corporation?

Mike Mesch is the Treasurer of Neighborhood Development Corporation.


Official website here: www.ndccedarrapids.org

What is the revenue of Neighborhood Development Corporation?

Neighborhood Development Corporation's revenue in 2022 was -$3,657.


Official website here: www.ndccedarrapids.org

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


Here are 8 key members and their salaries:


Mike Mesch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Emerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Pierson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Skogman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Petrzalek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Prowell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Hoeger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ndccedarrapids.org

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

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


Official website here: www.ndccedarrapids.org

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

Mission Statement of Neighborhood Development Corporation

The Neighborhood Development Corporation, as outlined in its mission statement, is committed to planning, coordinating, and implementing public and private redevelopment efforts in recognized neighborhoods located in low to moderate income census tracks. This nonprofit organization aims to alleviate the burdens associated with commercial and residential development.

In pursuit of its mission, the Neighborhood Development Corporation encourages and provides commercial and residential options through various means, such as building rehabilitation, new construction, and in-fill development. However, it's worth noting that no new projects were initiated during the year under review. By taking on this role, the Neighborhood Development Corporation is contributing to the betterment of these communities, potentially improving living conditions, and fostering economic growth.

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Impact




October, 2024

Neighborhood Development Corporation significantly impacts Cedar Rapids, Iowa, by focusing on the acquisition and redevelopment of deteriorated properties. The initiative enhances both commercial and residential landscapes in the area through comprehensive building rehabilitation, new construction, and in-fill development. By targeting recognized neighborhoods in low to moderate-income census tracks, the organization plays a crucial role in revitalizing these communities.

Through strategic planning and coordination of public and private redevelopment efforts, the corporation works to lessen the burdens associated with commercial and residential development. This approach not only improves the physical environment but also fosters economic growth and stability in the neighborhoods they serve. The ongoing commitment to community improvement directly contributes to the overall quality of life for residents, promoting a healthier, more vibrant Cedar Rapids.




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.


Financials

This financial information is from Propublica.

Revenue
-$3,657 (2022)
Expenses
$5,189 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,657
  • Gross Receipts: $10,016

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2009

Principal Officer

Mike Mesch

Main Address

600 THIRD ST SE 215, CEDAR RAPIDS, IA, 52401

NTEE Category

Code: S20 - Community improvement

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