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Neighborhood Development Center Inc

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

EIN: 411738791 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Development Center Inc?

Neighborhood Development Center Inc, based in Saint Paul, Minnesota, is a nonprofit organization situated at 625 University Avenue. Their primary mission is to foster neighborhood revitalization and promote entrepreneurship within specific low-income communities. They achieve this goal by encouraging property ownership and business ownership among local entrepreneurs. The center empowers both entrepreneurs and community partners to revitalize their neighborhood economies from within, contributing positively to the local community's growth and development. With a dedicated team of 51 employees, Neighborhood Development Center Inc plays a crucial role in transforming low-income neighborhoods through innovative initiatives and collaborative efforts.


Official website here: www.ndc-mn.org

Is Neighborhood Development Center Inc legitimate?

Neighborhood Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Development Center 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: $1,007,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,781,940

For more financial information, click here


Official website here: www.ndc-mn.org

What is the mission statement of Neighborhood Development Center Inc?

The Neighborhood Development Center Inc's mission is centered around empowering entrepreneurs and community partners to revitalize low-income neighborhood economies from within. Through their initiatives, they aim to encourage property ownership and business entrepreneurship within specific priority areas. Their real estate development program specifically encourages neighborhood revitalization, fostering an environment that supports local business growth and community development.


Official website here: www.ndc-mn.org

Who is the CEO of Neighborhood Development Center Inc?

Renay Dossman is the Board Member of Neighborhood Development Center Inc. The CEO's salary of Neighborhood Development Center Inc is $195,797 and their total compensation is $222,063.


Official website here: www.ndc-mn.org

What is the revenue of Neighborhood Development Center Inc?

Neighborhood Development Center Inc's revenue in 2022 was $11,058,060.


Official website here: www.ndc-mn.org

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

The average compensation at Neighborhood Development Center Inc during 2022 was $54,696. There are 51 employees and 30 volunteers at Neighborhood Development Center Inc.

Here are 22 key members and their salaries (Neighborhood Development Center Inc's CEO's salary is $195,797 and their total compensation is $222,063):

    Renay Dossman (Executive Director)
  • Compensation: $215,052
  • Related: $0
  • Other: $29,916

    • Mihailo Temali (Ceo)
  • Compensation: $195,797
  • Related: $0
  • Other: $26,266

    • Ben Johnson (Senior Real Estate Director)
  • Compensation: $110,117
  • Related: $0
  • Other: $27,014

    • Tammie Nasseff (Chief Financial Officer)
  • Compensation: $105,378
  • Related: $0
  • Other: $30,008

    • Kathy Moriarty (Chief Administrative Offic)
  • Compensation: $115,127
  • Related: $0
  • Other: $18,869

    • Jon Borden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lachelle Cunningham (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Fleming (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Goze (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Mardock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Mckee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juliet Mitchell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Prchal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Sands (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Splett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Sponem (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juliana Tanning (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patti Tototzintle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gebi Tufaa (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noya Woodrich (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jasmine Vasquez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darin Zielsdorf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndc-mn.org

    Where can I find the form 990 for Neighborhood Development Center Inc?

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


    Official website here: www.ndc-mn.org

    Learn more at the official website: www.ndc-mn.org

    Mission Statement of Neighborhood Development Center Inc

    Neighborhood Development Center Inc, a dedicated organization, aims to empower entrepreneurs and community partners in their mission to revitalize low-income neighborhood economies from within. By doing so, they seek to encourage property ownership and business ownership within specific priority areas. This approach not only stimulates neighborhood growth but also provides opportunities for local entrepreneurs to thrive. The center's initiatives primarily focus on real estate development, promoting neighborhood revitalization and fostering a sense of community involvement.

    Impact

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




    Saturday, July 20, 2024

    Neighborhood Development Center Inc empowers entrepreneurs and community partners to transform low-income neighborhood economies from within. Through its real estate development initiative program, the organization encourages neighborhood revitalization, property ownership, and business ownership by entrepreneurs within specific priority low-income neighborhoods. This initiative has had a significant impact on the economic development and social fabric of Saint Paul, MN, creating opportunities for individuals and communities to thrive and build sustainable futures.





    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: $9,778
  • Program Service Revenue: $1,295,492
  • Gross Receipts: $11,309,381

    • Assets and Liabilities:
  • Total Assets: $39,676,153
  • Total Liabilities: $23,261,371
  • Net Assets: $16,414,782
  • Programs

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

    CONTRACT INCOME

    Revenue

    $494,465

    LOAN INTEREST INCOME

    Revenue

    $391,522

    PROPERTY MGMT FEES

    Revenue

    $218,651

    NOTE INTEREST INCOME

    Revenue

    $62,121

    OTHER INCOME

    Revenue

    $47,590

    Organization Details

    Founding Year

    1993

    Principal Officer

    Renay Dossman

    Main Address

    625 UNIVERSITY AVENUE, SAINT PAUL, MN, 55104

    NTEE Category

    Code: P21Z - Human services

    If you are a representative of Neighborhood Development Center Inc 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.