NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC (EIN 13-6532871)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-08
- IRS object ID
- 201833129349301508
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-08T10:22:38-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136532871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COUNCIL FOR COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL MARSH III | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2126821106 | PhoneNum |
| Signature | 2018-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS LANNING | PreparerPersonNm |
| PTIN | P00851654 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Preparation | 2018-11-06 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.3.217.20 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-06 | IPDt |
| IP Tm | 10:05:40 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A999648B7C0F94429496C189B46642AFC33E1A30 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NATIONAL DEVELOPMENT COUNCIL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL MARSH III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,993,949 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NDCONLINE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT, INC. DBA (CONT. ON SCHEDULE O) THE NATIONAL DEVELOPMENT COUNCIL (NDC), IS TO CREATE ECONOMIC OPPORTUNITY, AFFORDABLE HOUSING AND TO STRENGTHEN COMMUNITIES IN UNDERSERVED AREAS ACROSS THE UNITED STATES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,616,744 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,375,706 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,481,765 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,318,990 | CYProgramServiceRevenueAmt |
| PY Investment Income | $100,733 | PYInvestmentIncomeAmt |
| CY Investment Income | -$272,943 | CYInvestmentIncomeAmt |
| PY Other Revenue | $33,112 | PYOtherRevenueAmt |
| CY Other Revenue | $1,626 | CYOtherRevenueAmt |
| PY Total Revenue | $10,232,354 | PYTotalRevenueAmt |
| CY Total Revenue | $9,423,379 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $568,107 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $932,918 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,649,066 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,196,964 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,676,215 | PYOtherExpensesAmt |
| CY Other Expenses | $4,394,437 | CYOtherExpensesAmt |
| PY Total Expenses | $10,893,388 | PYTotalExpensesAmt |
| CY Total Expenses | $10,524,319 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$661,034 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,100,940 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,603,188 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,881,386 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,893,786 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,209,646 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,709,402 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,671,740 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE THREE PRIMARY EXEMPT PURPOSES OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT DBA THE NATIONAL DEVELOPMENT COUNCIL ARE TO:- ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS. (CONT. ON SCHEDULE O)- CONDUCT PROGRAMS TO INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL AND OTHER FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT.- PROVIDE QUALITY HOUSING FOR LOW INCOME PERSONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,250,945 | ExpenseAmt |
| Grant | $932,918 | GrantAmt |
| Revenue | $1,436,665 | RevenueAmt |
| Desc | ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS:THROUGH NDC'S SMALL BUSINESS LENDING UNIT, WE HAVE ASSISTED MORE THAN 600 SMALL BUSINESSES OWNED BY DISADVANTAGED INDIVIDUALS OR LOCATED IN LOW-INCOME CENSUS TRACTS ACROSS THE NATION BY PROVIDING LOAN CAPITAL AND BUSINESS COUNSELING. NDC HAS EXTENDED OVER $240 MILLION IN SMALL BUSINESS FINANCING AT BELOW MARKET INTEREST RATES AND WITH ATTRACTIVE TERMS. THE BUSINESS COUNSELING IS PROVIDED AT NO COST TO THE SMALL BUSINESSES. OVER THE LAST SEVERAL YEARS, OUR SMALL BUSINESS LOAN FUND HAS RECEIVED NATIONAL RECOGNITION FROM A VARIETY OF INSTITUTIONS: (CONT. ON SCHEDULE O) - NDC'S TWO CDFI'S THE GROW AMERICA FUND AND NDC COMMUNITY IMPACT LOAN FUND OPERATE IN FIVE OF THE TEN MOST DISTRESSED CITIES IN AMERICA. CLEVELAND, BUFFALO, NEWARK, CINCINNATI AND SAN BERNARDINO HAVE DISTRESS RATINGS FROM 93.6 TO 99.9 OUT OF 100 ACCORDING TO THE ECONOMIC INNOVATION GROUP DISTRESSED COMMUNITY INDEX. BUSINESSES FINANCED BY NDC HAVE CREATED OVER 15,500 JOBS AND 12,000 OF THOSE JOBS ARE CONSIDERED FILLED BY LOW AND MODERATE-INCOME PERSONS.- JPMORGAN CHASE AWARDED NDC'S SMALL BUSINESS LENDING UNIT TWO GRANTS TOTALING $8.3 MILLION TO MAKE SMALL BUSINESS LOANS IN DISTRESSED AND UNDERSERVED COMMUNITIES ACROSS THE COUNTRY. WORKING WITH LOCAL CDFIS, CDE'S AND CDCS, NDC PROVIDES TECHNICAL ASSISTANCE AND FINANCE TRAINING AND USES NDC'S GROW AMERICA FUND TO MAKE LOANS TO SMALL BUSINESSES WHO INVEST IN THEIR COMMUNITIES AND CREATE JOBS. THE $33 MILLION IN FINANCING EXTENDED THROUGH THE CHASE PROGRAM HAS PROVIDED APPROPRIATELY PRICED CAPITAL TO 41 SMALL BUSINESSES WHO HAVE CREATED OR RETAINED 1,500 JOBS. IN ADDITION TO THE CHASE FUNDING, NDC HAS RECEIVED GRANTS AND PRIS FROM MORGAN STANLEY, DISCOVER BANK, THE FORD FOUNDATION, THE CLEVELAND COMMUNITY FOUNDATION, THE BURTON D. MORGAN FOUNDATION, THE LONGWOOD FOUNDATION, TACOMA COMMUNITY FOUNDATION, THE SEATTLE FOUNDATION AND THE CDFI FUND TO SUPPORT SMALL BUSINESS LENDING IN DISTRESSED COMMUNITIES. - IN 2015 AND 2017, THE UNITED STATES DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) MADE TWO CREDIT FACILITIES TOTALING $1.6 MILLION AVAILABLE AT A 0% RATE OF INTEREST TO MAKE LOANS TO DISADVANTAGED BUSINESSES IN DISTRESSED COMMUNITIES IN WASHINGTON STATE. IN 2016, NDC MADE ITS FIRST LOAN IN THE PROGRAM AND IS CONTINUING TO LEND UNDER THAT PROGRAM. NDC IS CURRENTLY NEGOTIATING WITH EDA TO ACQUIRE FUNDS TO EXPAND THE LENDING FOOTPRINT.- NDC THROUGH ITS CDFI, NDC COMMUNITY IMPACT LOAN FUND HAS ENTERED INTO A LENDING PARTNERSHIP WITH THE NATIONAL URBAN LEAGUE, THE URBAN EMPOWERMENT FUND AND MORGAN STANLEY TO MAKE LOANS AVAILABLE TO AFRICAN-AMERICAN BORROWERS IN SELECTED URBAN MARKETS ACROSS THE UNITED STATES. THE FIRST PROGRAM, THE GREATER CLEVELAND CAPITAL ACCESS FUND STARTED IN CLEVELAND, OHIO ON DECEMBER 31, 2016 AND TO DATE HAS MADE 24 LOANS TO BORROWERS WHO HAVE BEEN PARTICIPATING IN THE GREATER CLEVELAND URBAN LEAGUE'S ENTREPRENEURSHIP CENTER. IN NOVEMBER OF 2017, THE CAPITAL ACCESS FUND EXPANDED TO BROWARD COUNTY, FL. THE MINORITY LENDING PROGRAM IS SUPPORTED BY A $1 MILLION GRANT FROM THE STATE OF FLORIDA AND UP TO A $5 MILLION CREDIT FACILITY PROVIDED BY MORGAN STANLEY.THE FOLLOWING ARE SOME EXAMPLES OF DISADVANTAGED BUSINESSES THAT NDC'S SMALL BUSINESS LOAN PROGRAMS HAVE RECENTLY ASSISTED: - URBAN KUTZ, LLC: IN 2017, NDCCILF LOANED $105,000 TO URBAN KUTZ BARBERSHOP WHICH ALLOWED THE OWNER WAVERLY WILLS TO PURCHASE HIS BUILDING AND EXPAND HIS BUSINESS INTO A SECOND STOREFRONT. WAVERLY WAS FORMERLY INCARCERATED AND WHEN POSSIBLE OFFERS JOBS AND TRAINING TO FORMER INMATES LOOKING TO TURN THEIR LIVES AROUND.- LONG BEACH CREAMERY: DINA AMADRIL STARTED LONG BEACH CREAMERY IN 2015 UTILIZING PERSONAL RESOURCES. MS. AMADRIL BUILT OUT AND OPENED HER 1,100 SF ICE CREAM SHOP IN NORTH LONG BEACH. THE COMPANY QUICKLY GREW TO EMPLOY 12-PART TIME EMPLOYEES AND IS OPEN TUESDAY THROUGH SUNDAY FROM 12 NOON TO 10PM. EACH EMPLOYEE HAS A PART IN THE ICE CREAM MAKING PROCESS. THEY SERVE ABOUT 8,000 ICE CREAM LOVERS A MONTH. LBC ICE CREAM IS MADE WITH LOCAL, ORGANIC INGREDIENTS. IT IS AN ARTISAN PRODUCT WITH A CORRESPONDING PRICE TAG.AS SALES CONTINUED TO GROW, LBC NEEDED ADDITIONAL CAPACITY IN THE PRODUCTION KITCHEN. GAF ASSISTED BY FUNDING AN EXPANDED KITCHEN AND PROVIDING MONIES FOR THE OPENING A SECOND LOCATION IN DOWNTOWN LONG BEACH IN A HEAVY FOOT TRAFFIC AREA.GAF PROVIDED A LOAN OF $275,000 THAT INCLUDED $70,000 FOR MACHINERY & EQUIPMENT, $160,000 IN TENANT IMPROVEMENTS WITH $15,000 CONTINGENCY, $15,000 IN PWC FOR ARCHITECT & PERMIT FEES AND $15,000 IN SOFT & CLOSING COSTS. - SICILIA PIZZA LLC: FOUNDED BY AMRO HARARAH IN 1992, SICILIA PIZZA LLC HAS OPERATED AT VARIOUS LOCATIONS IN DOWNTOWN SALT LAKE CITY ALWAYS RENTING SPACE WHILE PREPARING HANDMADE ARTISAN PIZZAS, CALZONES AND SANDWICHES TO ITS LOYAL CLIENTELE. GAF ASSISTED SICILIA IN PURCHASING A COMMERCIAL CONDOMINIUM THAT THEY HAD BEEN RENTING FOR 6 YEARS. THE GAF LOAN WAS FOR $650,000 WITH A TERM OF TWENTY-FIVE YEARS AT A VARIABLE INTEREST RATE OF THE WALL STREET JOURNAL PRIME PLUS 1.00%.- CAMPANELLA AUTO & TIRE: PAUL CAMPANELLA'S AUTO & TIRE (PCA) WAS FOUNDED IN 1989 IN WILMINGTON, DELAWARE PROVIDING A WIDE-RANGE OF AUTOMOTIVE REPAIR AND SERVICING INCLUDING OIL CHANGES, TIRE ROTATIONS, BRAKE REPAIRS, TIRE REPLACEMENTS AS WELL AS MORE COMPLEX WORK SUCH AS CUSTOM EXHAUST AND CHASSIS REPAIR. PCA HAS TWO LOCATIONS IN THE WILMINGTON METROPOLITAN AREA. - THE COMPANY RECEIVED $2,475,000 IN FUNDING FROM GAF. THE FIRST LOAN WAS USED TO REFINANCE A SHORT TERM MORTGAGE OF $841,000. THE SECOND LOAN WAS USED TO RENOVATE A NEW FACILITY AND PURCHASE NEW EQUIPMENT AT A TOTAL OF $1,634,000. THE NEW FACILITY FEATURES 12-INDOOR BAYS AND LIFTS. SIMILARLY, THE EXPANSION WILL ALSO ALLOW FOR A NEW OFFICE AND RECEPTION AREA FOR CUSTOMERS AS THEY WAIT. GAF FINANCING WAS PROVIDED AT A FIXED RATE OF 3.36%. - SURESITE CONSULTING: FOUNDED BY JERALD WARSAW IN 1999, SURESITE PROVIDES TURNKEY TELECOMMUNICATION INFRASTRUCTURE DEPLOYMENT SERVICES. SURESITE PROVIDES CUSTOMERS BOTH THE GUIDANCE AND THE SERVICE TO SUCCESSFULLY BUILD AND AUGMENT NETWORKS AND INFRASTRUCTURE. SURESITE ASSISTS ITS CLIENTS IN REAL ESTATE AND LAND DEVELOPMENT, SITE SELECTION, NETWORK SITE DEVELOPMENT, PROJECT MANAGEMENT, ARCHITECTURE, ENGINEERING AND CONSTRUCTION. THE COMPANY UNDERSTANDS ALL ASPECTS OF WIRELESS, SMALL CELL, DAS AND WIFI INFRASTRUCTURE AND NETWORK DEPLOYMENT. THE COMPANY'S STAFF HAS ENGINEERED, LEASED, PERMITTED AND BUILT 1000S OF NETWORKS ACROSS THE COUNTRY. THE COMPANY HAS GROWN SIGNIFICANTLY OVER THE LAST THREE YEARS. THIS GROWTH COUPLED WITH ADDITIONAL EXPANSION CAUSED A NEED FOR ADDITIONAL WORKING CAPITAL. GAF WORKED WITH THE COMPANY'S BANK TO FORMULATE A PROPER PERMANENT WORKING CAPITAL STRUCTURE AND FUND NEW EQUIPMENT PURCHASE. GAF'S $1,540,000 LOAN FUNDED $670,000 TO REFINANCE EXISTING DEBT, $350,000 FOR NEW MACHINERY AND EQUIPMENT TO SERVICE CONTRACTS, UPGRADE COMPANY TECHNOLOGY AND $520,000 IN SUBORDINATE, PERMANENT WORKING CAPITAL AND FOR SOFT AND CLOSING COSTS.- COYOTE PUB AND GRILL: FACED WITH SHORT-TERM DEBT AND INSUFFICIENT EXPANSION CAPITAL, A FAMILY-OWNED BUSINESS TURNED TO GAF FOR SUPPORT. GAF RESPONDED BY PROVIDING CAPITAL TO THIS FAMILY-OWNED RESTAURANT IN PORT ANGELES, WASHINGTON TO REFINANCE ITS HIGH-INTEREST, SHORT-TERM DEBT AND ADDITIONAL FUNDS TO COMPLETE THE BUILD-OUT AND PURCHASE EQUIPMENT. FACING OUT-THE-DOOR LINES DURING BUSY SUMMER MONTHS AND NEARLY 30 PERCENT ANNUAL SALES GROWTH, THE MCQUAYS EXPANDED THE RESTAURANT TO ACCOMMODATE MORE CUSTOMERS. IN 2016, THEY DECIDED TO FURTHER EXPAND OPERATIONS, THIS TIME ADDING A SEPARATE VENTURE: COYOTE BBQ PUB. LOCATED IN THE SAME BUILDING ADJACENT TO KOKOPELLI GRILL, THE NEW RESTAURANT OFFERS A CASUAL AND LOWER-COST OPTION, SERVING SOUTHERN BARBEQUE FOOD AND CRAFT BEER AND COCKTAILS.GAF WORKED WITH THE BUSINESS, AND FUNDED A LOAN OF $575,000 WITH A 15-YEAR TERM AND INTEREST RATE OF WSJ PRIME PLUS 0.5 PERCENT, ADJUSTED QUARTERLY. THE LOAN ALLOWED THE BUSINESS TO SAVE MONEY BY REFINANCING $435,000 IN TWO SHORT-TERM LOANS USED TO FUND THE INITIAL COYOTE BBQ PUB BUILD-OUT. IN ADDITION, LOAN PROCEEDS FUNDED $105,000 FOR FINAL TENANT IMPROVEMENTS, AND $35,000 FOR KITCHEN EQUIPMENT AND CLOSING COSTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,217,214 | ExpenseAmt |
| Revenue | $2,005,278 | RevenueAmt |
| Desc | INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT:DURING THE YEAR, NDC WORKED WITH MORE THAN 100 COMMUNITIES PROVIDING TECHNICAL ASSISTANCE AND GUIDANCE IN CARRYING OUT ECONOMIC AND COMMUNITY DEVELOPMENT STRATEGIES, PROGRAMS AND PROJECTS AND IN DEVELOPING PUBLIC FACILITIES. THROUGH THESE SERVICES, NDC ACHIEVED FINANCING FOR PROJECTS AND PROGRAMS, WITH GOVERNMENT AND PRIVATE SECTOR FUNDS, IN EXCESS OF $2 BILLION. A SAMPLE OF THE PROJECTS FOR WHICH NDC IS PROVIDING TECHNICAL ASSISTANCE AND TRAINING AROUND THE COUNTRY (CONT. ON SCHEDULE O) INCLUDE:- IN 2016, NDC, WORKING WITH THE CITY OF SCRANTON, PA ENTERED INTO A 49- YEAR CONCESSION LEASE TO OPERATE AND IMPROVE THE ON-STREET AND OFF-STREET PARKING ASSETS OF THE CITY. THE CITY OF SCRANTON OPERATED UNDER EXTREME FISCAL CONSTRAINTS FOR THE LAST TWENTY YEARS. THE PARKING CONCESSION WAS PART OF A LARGER PLAN TO RESTRUCTURE THE CITY'S FINANCES AND RETURN THE COMMUNITY TO A SOUND FINANCIAL FOOTING. THE $40 MILLION TAX-EXEMPT FINANCING PROVIDED FUNDS THAT ALLOWED THE CITY TO MEET ITS UNFUNDED PENSION LIABILITY AND REFINANCE EXISTING DEBT. IN 2017 NDC COMMENCED THE REORGANIZATION OF THE OFF STREET PARKING SYSTEM BY INCLUDING THE STEAM TOWN MALL IN THE PUBLIC PARKING INVENTORY. ALSO, CONSTRUCTION CONTRACTS WERE BID AND AN AGREEMENT REACHED WITH THE CITY AND THE SPA TO PURCHASE AND INSTALL A NEW ON STREET METER SYSTEM. - WORKING WITH THE NATIONAL URBAN LEAGUE, THE URBAN EMPOWERMENT FUND, THE STATE OF FLORIDA, MORGAN STANLEY AND CITI BANK, NDC HAS FORMED A PARTNERSHIP WITH THE URBAN LEAGUE OF BROWARD COUNTY TO INCREASE AFRICAN-AMERICAN SMALL BUSINESSES' ACCESS TO CREDIT. THE PROGRAM WORKS WITH BUSINESSES TO READY THE ENTREPRENEUR FOR ACQUIRING DEBT, STRUCTURES DEBT THAT MEETS THE NEEDS OF THE BUSINESS, AND PROVIDES MENTORING TO THE BUSINESS AFTER THE LOAN HAS BEEN MADE. NDC LAUNCHED THE FLORIDA CAPITAL ACCESS FUND IN NOVEMBER OF 2017 AND TRAINED THE LOCAL STAFF AND CLOSED SEVEN SMALL BUSINESS LOANS IN THE FIRST TEN- MONTHS OF THE PROGRAM. THE PROGRAM WILL BE EXPANDED TO JACKSONVILLE IN 2018. - IN 2017, NDC TRAINING DELIVERED A TOTAL OF 380 DAYS OF TRAINING TO OVER 3,000 STUDENTS DRAWN FROM NONPROFIT COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT FINANCE INSTITUTIONS, FEDERAL, STATE AND LOCAL GOVERNMENT, COMMUNITY FOUNDATIONS AND OTHER ORGANIZATIONS WORKING IN ECONOMIC, HOUSING AND COMMUNITY DEVELOPMENT. IN ADDITION TO NDC'S NATIONALLY RECOGNIZED CERTIFICATION TRAINING FOR HOUSING AND ECONOMIC DEVELOPMENT FINANCE PROFESSIONALS, NEW COURSES WERE DEVELOPED ON BEHALF OF THE USDA TO ENHANCE STAFF UNDERWRITING SKILLS FOR CRITICAL RURAL SMALL BUSINESS LENDING, COMMUNITY FACILITIES, INCLUDING HOSPITALS AND PUBLIC SAFETY BUILDINGS. IN ADDITION, NDC DEVELOPED A TRAINING PROGRAM FOR USDA TO TEACH UNDERWRITING AND PROJECT STRUCTURING SKILLS NECESSARY WHEN COMBINING A B&I LOAN GUARANTEE WITH NEW MARKETS TAX CREDITS. THIS COURSE WAS TAUGHT IN BOTH A CLASSROOM SETTING AND VIA WEBINAR. IN 2017, NDC WORKING AGAIN WITH THE CONNECTICUT HOUSING FINANCE AUTHORITY AND THE CONNECTICUT HOUSING AGENCY EXPANDED THE CONNECTICUT HOUSING ACADEMY TO SUPPORT THE SKILLS OF NONPROFITS WORKING TO CREATE AND PRESERVE AFFORDABLE HOUSING IN THE STATE. THE ACADEMY PROVIDES TRAINING AND TECHNICAL ASSISTANCE IN THE CREATION AND PRESERVATION OF AFFORDABLE RENTAL HOUSING TO, HOUSING AUTHORITIES, NONPROFIT OWNERS AND DEVELOPERS OF AFFORDABLE HOUSING IN THE STATE. - NDC IS CONTINUING ITS WORK WITH THE CITY OF SALT LAKE, SALT LAKE COUNTY AND THE CITY OF OGDEN, ALONG WITH A DIVERSE GROUP OF STAKEHOLDERS IN SALT LAKE'S LOW INCOME COMMUNITIES, ZION AND SYNCHRONY BANKS AND FOUNDATIONS INCLUDING AMERICAN EXPRESS, THE UTAH FOUNDATION, NEIGHBORWORKS, AND MORGAN STANLEY TO CREATE A LOCALLY FOCUSED COMMUNITY DEVELOPMENT CORPORATION WHOSE MISSION IS TO CREATE ECONOMIC OPPORTUNITY FOR LOW INCOME RESIDENTS BY STIMULATING INVESTMENT AND CREATING JOBS FOR THE UNEMPLOYED. NDC HAS BEEN PROVIDING TA, TRAINING AND CAPACITY BUILDING SERVICES, MAKING SMALL BUSINESS LOANS THROUGH OUR GROW AMERICA FUND AND GREATER SALT LAKE DEVELOPMENT CORPORATION STRUCTURING AFFORDABLE HOUSING PROJECTS, AND OFFERING DEVELOPMENT SERVICES. - IN NEW ROCHELLE, NEW YORK, NDC PROVIDED COMMUNITY/ECONOMIC DEVELOPMENT TECHNICAL ASSISTANCE TO THE CITY, WHICH RESULTED IN THE SELECTION OF A MASTER DEVELOPER FOR THE TOD DOWNTOWN CLUSTER DEVELOPMENT. THE EXECUTED MASTER DEVELOPMENT AGREEMENT ALLOWS FOR 12 MILLION SQUARE FEET OF OVERALL DEVELOPMENT INCLUDING 2.4 MILLION SQUARE FEET OF OFFICE, 1 MILLION SQUARE FEET OF RETAIL, 6,370 UNITS OF MARKET RATE AND AFFORDABLE HOUSING AND 1,200 HOTEL ROOMS. NDC ALSO ASSISTED THE CITY IN DRAFTING A NEW UNIFORM TAX EXEMPTION POLICY AND A COMMUNITY BENEFIT AGREEMENT. IN 2017, THE NEW ROCHELLE INDUSTRIAL DEVELOPMENT AGENCY APPROVED OVER $1 BILLION IN NEW PROJECTS AS A RESULT OF THE ADOPTION OF OVERLAY ZONING AND A STREAMLINED PROJECT APPROVAL PROCESS. - THROUGH A CONTINUING PARTNERSHIP WITH NATIONAL COALITIONS LIKE THE NEW MARKETS TAX CREDIT COALITION, OFN, THE CDFI COALITION, THE NATIONAL RURAL HOUSING COALITION, NACEDA AND OTHERS, NDC IS ABLE TO IDENTIFY AND PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO LOW-INCOME COMMUNITIES ENGAGED IN THE CREATION OF JOBS, AFFORDABLE HOUSING AND PUBLIC INFRASTRUCTURE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,092,179 | ExpenseAmt |
| Revenue | $1,878,673 | RevenueAmt |
| Desc | TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES:NDC CONDUCTS TRAINING AND PROVIDES COUNSELING AND TECHNICAL ASSISTANCE TO DISADVANTAGED COMMUNITIES AND NONPROFIT ORGANIZATIONS IN SUPPORT OF PROVIDING HOUSING FOR LOW-INCOME PERSONS. DURING THE YEAR, NDC WORKED WITH MORE THAN 100 COMMUNITIES AND NONPROFIT ORGANIZATIONS AND PROVIDED TRAINING TO MORE THAN 1,800 PRACTITIONERS IN HOUSING DEVELOPMENT FOR LOW-INCOME PERSONS AND IN LOW-INCOME COMMUNITIES. OUR TECHNICAL ASSISTANCE PROVIDED TO NONPROFIT SERVICE PROVIDERS AND COMMUNITY ORGANIZATIONS AND THROUGH NDC'S NONPROFIT HOUSING AFFILIATE AND LOW INCOME HOUSING FUND SPURRED $85 MILLION (CONT. ON SCHEDULE O) IN EQUITY INVESTMENT THAT RESULTED IN PUBLIC AND PRIVATE SECTOR FINANCING TOTALING MORE THAN $200 MILLION, CREATING OR REHABILITATING OVER 1,000 HOUSING UNITS FOR LOW INCOME PERSONS, FAMILIES, THE ELDERLY, AND PERSONS WITH SPECIAL NEEDS. THROUGH OUR HOUSING DEVELOPMENT AFFILIATES, NDC HAS DEVELOPED OVER 10,000 UNITS OF HOUSING FOR LOW INCOME AND DISADVANTAGED PERSONS. COLLABORATING WITH COMMUNITIES AND/OR LOCAL NOT-FOR-PROFITS, HOUSING AUTHORITIES AND FOR PROFIT DEVELOPERS WE INITIALLY EVALUATE THE ROLE THAT WE SHOULD PLAY IN A PARTICULAR AFFORDABLE HOUSING PROJECT, IDENTIFY THE DEVELOPMENT TEAM, DESIGN THE PROJECT AND STRUCTURE AND CLOSE THE FINANCING. MORE THAN 60% OF OUR PROJECTS ARE UNDERTAKEN WITH NOT-FOR-PROFIT PARTNERS AND OVER 35% OF OUR PROJECTS ARE LOCATED IN RURAL AREAS ACROSS THE COUNTRY. WHILE THE MAJORITY OF OUR PROJECTS INVOLVE NEW CONSTRUCTION, WE HAVE COMPLETED NUMEROUS REHABILITATIONS AND HISTORIC REHABILITATIONS. A SAMPLE OF SOME OF OUR PROJECTS THAT WE ARE WORKING ON OR HAVE COMPLETED OVER THE LAST SEVERAL YEARS INCLUDE: - WORKING WITH THE STATE OF CONNECTICUT HOUSING FINANCE AGENCY AND THE CONNECTICUT DEPARTMENT OF HOUSING, NDC IS CONTINUING TO MANAGE THE CONNECTICUT HOUSING ACADEMY, WHICH PROVIDES TRAINING, TECHNICAL ASSISTANCE, AND FINANCING UNDER THE STATE'S AFFORDABLE HOUSING CREATION AND PRESERVATION PROGRAM. THE PROGRAM IS DESIGNED TO BUILD NEW AND KEEP EXISTING AFFORDABLE HOUSING UNITS THAT HAVE COMPLETED THEIR REGULATORY COMPLIANCE PERIODS FROM BECOMING MARKET RATE HOUSING. IN MARCH OF 2016, NDC CLOSED THE FIRST $31.8 MILLION OF A THREE-PHASE REHABILITATION AND ADAPTIVE-REUSE OF THE HISTORIC PONEMAH MILLS IN NORWICH, CT. THE MILL OPENED IN 2017 AND IS CURRENTLY IMPLEMENTING PHASE TWO WHICH WILL INCLUDE 121 UNITS OF MIXED-INCOME, GENERAL OCCUPANCY FAMILY HOUSING. THE MILL IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND IS SITUATED IN THE LAST GREEN VALLEY, A NATIONAL HERITAGE CORRIDOR. THE TOTAL PROJECT WHEN COMPLETED WILL OCCUPY 650,000 SQUARE FEET BUT THIS FIRST PHASE INCLUDES 116 UNITS OF MIXED-INCOME RENTAL HOUSING. THE FUNDING FOR THE PROJECT INCLUDED BOTH LOW INCOME HOUSING TAX CREDITS AND HISTORIC PRESERVATION TAX CREDITS. IN SEATTLE, WASHINGTON, NDC INVESTED IN SAND POINT FAMILY HOUSING AND SANTOS PLACE A 77-UNIT PERMANENT SUPPORTIVE HOUSING AFFORDABLE RENTAL PROJECT. THE FINANCING WILL ALLOW FOR THE RENOVATION OF A 3 BUILDING FACILITY THAT IS CURRENTLY 100% OCCUPIED WITH A LONG WAITING LIST. THE PROJECT TARGETS FAMILIES TRANSITIONING FROM HOMELESSNESS. - THE SANCTUARY AT BROOKLYN CENTER LOCATED IN BROOKLYN CENTER, MINNESOTA IS A NEW CONSTRUCTION 158-UNIT SENIOR-RESTRICTED (OVER 62) AFFORDABLE HOUSING PROJECT. THE PROJECT WILL BE OPERATED AS AN AFFORDABLE ASSISTED LIVING FACILITY FINANCED IN PART WITH LOW-INCOME HOUSING TAX CREDIT EQUITY PROVIDE BY NDC. THIS FACILITY WILL BE REGISTERED AS A HOUSING WITH SERVICES ESTABLISHMENT PROVIDER WITH BOTH THE STATE AND THE COUNTY AND THEREFORE WILL BE ELIGIBLE TO RECEIVE HEALTH RELATED AND OTHERS SERVICES FROM GOVERNMENT PROVIDERS.- THE MCGREGOR SENIOR ASSISTED LIVING PROJECT IS A 90-UNIT NEW CONSTRUCTION PROJECT LOCATED ON THE MCGREGOR HOME CAMPUS IN EAST CLEVELAND, OHIO. MCGREGOR HOME IS A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) THAT CONSISTS OF AN INDEPENDENT LIVING COMPONENT, AN ASSISTED LIVING COMPONENT AND A NURSING CARE FACILITY ORIGINALLY BUILT IN 1940. THE PROJECT WILL OFFER STUDIO AND ONE-BEDROOM UNITS AND USE A MEDICAID WAIVER TO AFFORD THE SERVICES WITHIN THE ASSISTED LIVING FACILITY BY FUNDING THE COST OF MEALS, HOUSEKEEPING AND PERSONAL CARE SERVICES. - WORKING WITH THE NATIONAL RURAL HOUSING COALITION, RURAL LISC, CDFI'S, NEIGHBORHOOD HOUSING CORPORATIONS AND VARIOUS STATE AFFORDABLE HOUSING COALITIONS, NDC PROVIDES CONTINUING TECHNICAL ASSISTANCE, TRAINING AND FINANCIAL SUPPORT TO RURAL HOUSING ORGANIZATIONS ACROSS THE NATION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,560,338 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 45 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAM ENNIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA SUITE 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| BURT TAUBER | |||||||||
| OUTGOING BOARD MEMBER | 0.31 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL MARSH III | |||||||||
| PRESIDENT | 47.30 | Yes (X) | $304,700 | $0 | $53,082 | 7.70 | Yes (X) | ||
| GARY PERLOW | |||||||||
| BOARD MEMBER | 3.15 | Yes (X) | $0 | $0 | $0 | 2.40 | |||
| JOHN DOWNS | |||||||||
| BOARD MEMBER | 3.40 | Yes (X) | $0 | $0 | $0 | 2.40 | |||
| ROBERT DAVENPORT | |||||||||
| BOARD MEMBER | 27.20 | Yes (X) | $0 | $0 | $0 | 32.80 | |||
| SAUNDRA JOHNSON HUDSON | |||||||||
| CHAIRWOMAN | 3.70 | Yes (X) | $0 | $0 | $0 | 3.05 | |||
| SETH BONGARTZ | |||||||||
| SECRETARY | 3.70 | Yes (X) | $0 | $0 | $0 | 3.05 | |||
| TOMASITA DURAN | |||||||||
| BOARD MEMBER | 3.70 | Yes (X) | $0 | $0 | $0 | 2.55 | |||
| GERTRUDE SCRIVEN | |||||||||
| TREASURER | 46.50 | $152,744 | $0 | $39,392 | 3.50 | Yes (X) | |||
| ADAM ENNIS | |||||||||
| CFO | 5.00 | $151,227 | $0 | $48,328 | 45.00 | Yes (X) | |||
| ANGELA BUTLER | |||||||||
| PRODUCT MANAGER | 40.50 | $171,062 | $0 | $60,675 | 9.50 | Yes (X) | |||
| ANN VOGT | |||||||||
| PRODUCT MANAGER | 8.25 | $270,907 | $0 | $41,212 | 46.75 | Yes (X) | |||
| DAVID J TREVISANI | |||||||||
| PRODUCT MANAGER | 5.00 | $171,229 | $0 | $63,028 | 45.00 | Yes (X) | |||
| JOHN PALYO | |||||||||
| PRODUCT MANAGER | 5.50 | $216,258 | $0 | $56,854 | 44.50 | Yes (X) | |||
| KEVIN GREMSE | |||||||||
| REGIONAL MANAGER | 47.00 | $181,112 | $0 | $44,528 | 3.00 | Yes (X) | |||
| STEPHANIE DUGAN | |||||||||
| PRODUCT MANAGER | 45.00 | $177,377 | $0 | $50,702 | 5.00 | Yes (X) | |||
| AMY DOSEN | |||||||||
| CEF DIRECTOR OF ACQUISITIONS | 45.00 | $194,760 | $0 | $26,993 | Yes (X) | ||||
| CHARLEY DEPEW | |||||||||
| SENIOR DIRECTOR | 42.30 | $166,843 | $0 | $39,028 | 7.70 | Yes (X) | |||
| JANE CAMPBELL | |||||||||
| SENIOR DIRECTOR | 43.20 | $213,430 | $0 | $39,071 | 1.80 | Yes (X) | |||
| MICHAEL GRIFFIN | |||||||||
| CEF DIRECTOR OF INVESTOR RELATIONS | 2.25 | $232,572 | $0 | $49,228 | 42.75 | Yes (X) | |||
| THOMAS JACKSON | |||||||||
| PRODUCT MANAGER | 47.00 | $172,189 | $0 | $63,885 | 3.00 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,776,410 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $676,006 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | AUDITING AND TAX SERVICES | ServicesDesc |
| Compensation | $268,780 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,834,170 | RelatedOrganizationsAmt |
| All Other Contributions | $541,536 | AllOtherContributionsAmt |
| Total Contributions | $4,375,706 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TECHNICAL ASSISTANCE | 541900 | $3,472,726 | $3,472,726 |
| TRAINING REVENUE | 541900 | $1,765,883 | $1,765,883 |
| LOAN INTEREST | 541900 | $80,381 | $80,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,318,990 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,754 | TotalRevenueColumnAmt |
| Exclusion | $13,754 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $283,873 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $570,570 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$286,697 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$286,697 | TotalRevenueColumnAmt |
| Exclusion | -$286,697 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,626 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,626 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,626 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,423,379 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,320,616 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$272,943 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $932,918 | TotalAmt |
| Program Services | $932,918 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,942,298 | TotalAmt |
| Program Services | $1,530,603 | ProgramServicesAmt |
| Management And General | $411,695 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,357,609 | TotalAmt |
| Program Services | $1,860,643 | ProgramServicesAmt |
| Management And General | $496,966 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,808 | TotalAmt |
| Program Services | $165,268 | ProgramServicesAmt |
| Management And General | $51,540 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,640 | TotalAmt |
| Program Services | $336,100 | ProgramServicesAmt |
| Management And General | $87,540 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,609 | TotalAmt |
| Program Services | $201,699 | ProgramServicesAmt |
| Management And General | $54,910 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,886 | TotalAmt |
| Program Services | $12,381 | ProgramServicesAmt |
| Management And General | $85,505 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $320,608 | TotalAmt |
| Program Services | $40,553 | ProgramServicesAmt |
| Management And General | $280,055 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $895 | TotalAmt |
| Management And General | $895 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $732,304 | TotalAmt |
| Program Services | $411,062 | ProgramServicesAmt |
| Management And General | $321,242 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,117 | TotalAmt |
| Program Services | $1,933 | ProgramServicesAmt |
| Management And General | $2,184 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,651 | TotalAmt |
| Program Services | $186,893 | ProgramServicesAmt |
| Management And General | $48,758 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,713 | TotalAmt |
| Program Services | $89,319 | ProgramServicesAmt |
| Management And General | $275,394 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,879 | TotalAmt |
| Program Services | $292,852 | ProgramServicesAmt |
| Management And General | $72,027 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $639,072 | TotalAmt |
| Program Services | $549,741 | ProgramServicesAmt |
| Management And General | $89,331 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,675 | TotalAmt |
| Management And General | $262,675 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,133 | TotalAmt |
| Program Services | $76,354 | ProgramServicesAmt |
| Management And General | $18,779 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,009 | TotalAmt |
| Management And General | $149,009 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ACADEMY EXPENSE | $298,572 | $298,572 | |
| TRAINING SITES | $249,178 | $249,178 | |
| ADMINISTRATION | $101,302 | $101,302 | |
| SUBS. AND MEMBERSHIPS | $97,543 | $53,613 | $43,930 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,900 | TotalAmt |
| Program Services | $270,656 | ProgramServicesAmt |
| Management And General | $110,244 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,524,319 | TotalAmt |
| Program Services | $7,560,338 | ProgramServicesAmt |
| Management And General | $2,963,981 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,762 | BOYAmt |
| EOY | $919,483 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,947,869 | BOYAmt |
| EOY | $2,182,038 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,052,146 | BOYAmt |
| EOY | $1,641,465 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,038,043 | BOYAmt |
| EOY | $8,038,043 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,367 | BOYAmt |
| EOY | $51,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,303,316 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $893,561 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,100 | BOYAmt |
| EOY | $409,755 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,004 | BOYAmt |
| EOY | $497,493 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,110 | BOYAmt |
| EOY | $108,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,787 | BOYAmt |
| EOY | $33,309 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,603,188 | BOYAmt |
| EOY | $13,881,386 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $615,013 | BOYAmt |
| EOY | $1,164,284 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,000 | BOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,273 | BOYAmt |
| EOY | $159,044 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,777,500 | BOYAmt |
| EOY | $5,886,318 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,893,786 | BOYAmt |
| EOY | $7,209,646 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,962,409 | BOYAmt |
| EOY | $5,682,273 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $746,993 | BOYAmt |
| EOY | $989,467 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,709,402 | BOYAmt |
| EOY | $6,671,740 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,603,188 | BOYAmt |
| EOY | $13,881,386 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,100,940 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $18,182 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$954,904 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,289,678 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,881,261 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,089,562 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,616,744 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,375,706 | CurrentTaxYearAmt |
| Total | $22,252,951 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,239,618 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,705,203 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,525,288 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,481,765 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,318,990 | CurrentTaxYearAmt |
| Total | $28,270,864 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,529,296 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,586,464 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,614,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,098,509 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,694,696 | CurrentTaxYearAmt |
| Total | $50,523,815 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $50,523,815 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $160,214 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $255,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $215,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $124,010 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,754 | CurrentTaxYearAmt |
| Total | $769,278 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $160,214 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $255,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $215,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $124,010 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,754 | CurrentTaxYearAmt |
| Total | $769,278 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $33,112 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,626 | CurrentTaxYearAmt |
| Total | $34,738 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,689,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,842,193 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,830,421 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,255,631 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,710,076 | CurrentTaxYearAmt |
| Total | $51,327,831 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98430 | PublicSupportCY509Pct |
| Public Support PY509 | 0.97980 | PublicSupportPY509Pct |
| Investment Income CY | 0.01500 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01960 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | DISTRIBUTION FROM PARTNERSHIP - 2016 AMOUNT: $ 33,112. MISCELLANEOUS - 2017 AMOUNT: $ 1,626. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $140,437 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $140,437 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $10,383,882 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $10,524,319 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $676,216 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $169,054 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $682,573 | CurrentYearMinus3Amt |
| Current Year Minus2 | $789,111 | CurrentYearMinus2Amt |
| Current Year Minus1 | $694,669 | CurrentYearMinus1Amt |
| Current Year | $676,216 | CurrentYearAmt |
| Total | $2,842,569 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,263,854 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $136,009 | CurrentYearMinus3Amt |
| Current Year Minus2 | $125,446 | CurrentYearMinus2Amt |
| Current Year Minus1 | $104,305 | CurrentYearMinus1Amt |
| Current Year | $140,437 | CurrentYearAmt |
| Total | $506,197 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $170,643 | CurrentYearMinus3Amt |
| Current Year Minus2 | $197,278 | CurrentYearMinus2Amt |
| Current Year Minus1 | $173,667 | CurrentYearMinus1Amt |
| Current Year | $169,054 | CurrentYearAmt |
| Total | $710,642 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,065,963 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $202,452 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,846 | DepreciationAmt |
| Book Value | $181,606 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,100,864 | OtherCostOrOtherBasisAmt |
| Depreciation | $872,715 | DepreciationAmt |
| Book Value | $228,149 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $409,755 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED NON-QUALIFIED PENSION LIABILITY | $537,185 |
| ACCRUED DEFINED BENEFIT PLAN PENSION LIABILITY | $4,398,752 |
| DEFERRED RENT | $428,316 |
| DUE TO AFFILIATES | $522,065 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,886,318 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,441,561 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $18,182 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $18,182 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,423,379 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,423,379 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,524,319 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,524,319 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,524,319 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION, AMONG OTHERS. THERE ARE NO UNCERTAIN TAX POSITIONS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE ANNUALLY. AT DECEMBER 31, 2017, THE ORGANIZATION'S FORM 990 FOR THE YEARS ENDED 2014 THROUGH 2017 REMAIN ELIGIBLE FOR EXAMINATION BY THE IRS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| EDISON DEVELOPMENT CORP | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 463757191 | 501(C)(3) | $14,232 | OPERATING SUPPORT |
| GREATER SALT LAKE DEVELOPMENT CORP | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 463784495 | 501(C)(3) | $40,442 | OPERATING SUPPORT |
| GROW AMERICA FUND INC | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133641265 | 501(C)(3) | $213,049 | OPERATING SUPPORT |
| NDC COMMUNITY IMPACT LOAN FUND | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133678913 | 501(C)(3) | $500,000 | OPERATING SUPPORT |
| NDC SUPPORT I INC | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134156877 | 501(C)(3) | $40,195 | OPERATING SUPPORT |
| FRIENDS OF HILDENE INC | |||||||
| PO BOX 377 | MANCHESTER | VT | 05254 | 510201160 | 501(C)(3) | $62,500 | UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE |
| STOREFRONT ACADEMY | |||||||
| 70 E 129TH STREET | NEW YORK | NY | 10035 | 132940671 | 501(C)(3) | $62,500 | UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE GRANTEE TO PROVIDE PERIODIC REPORTS THAT DESCRIBE THE USE OF THE GRANT FUNDS. THE ORGANIZATION ALSO SHARES BOARD MEMBERS WHO CAN MONITOR THE USE OF FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL MARSH III | ||||||||||||||
| PRESIDENT | $298,604 | $0 | $0 | $0 | $6,096 | $0 | $24,000 | $0 | $29,082 | $0 | $357,782 | $0 | $0 | $0 |
| GERTRUDE SCRIVEN | ||||||||||||||
| TREASURER | $149,163 | $0 | $0 | $0 | $3,581 | $0 | $24,000 | $0 | $15,392 | $0 | $192,136 | $0 | $0 | $0 |
| ADAM ENNIS | ||||||||||||||
| CFO | $150,984 | $0 | $0 | $0 | $243 | $0 | $10,500 | $0 | $37,828 | $0 | $199,555 | $0 | $0 | $0 |
| ANGELA BUTLER | ||||||||||||||
| PRODUCT MANAGER | $170,612 | $0 | $0 | $0 | $450 | $0 | $18,000 | $0 | $42,675 | $0 | $231,737 | $0 | $0 | $0 |
| ANN VOGT | ||||||||||||||
| PRODUCT MANAGER | $267,343 | $0 | $0 | $0 | $3,564 | $0 | $24,000 | $0 | $17,212 | $0 | $312,119 | $0 | $0 | $0 |
| DAVID J TREVISANI | ||||||||||||||
| PRODUCT MANAGER | $169,784 | $0 | $0 | $0 | $1,445 | $0 | $24,000 | $0 | $39,028 | $0 | $234,257 | $0 | $0 | $0 |
| JOHN PALYO | ||||||||||||||
| PRODUCT MANAGER | $215,237 | $0 | $0 | $0 | $1,021 | $0 | $24,000 | $0 | $32,854 | $0 | $273,112 | $0 | $0 | $0 |
| KEVIN GREMSE | ||||||||||||||
| REGIONAL MANAGER | $180,284 | $0 | $0 | $0 | $828 | $0 | $6,000 | $0 | $38,528 | $0 | $225,640 | $0 | $0 | $0 |
| STEPHANIE DUGAN | ||||||||||||||
| PRODUCT MANAGER | $175,984 | $0 | $0 | $0 | $1,393 | $0 | $24,000 | $0 | $26,702 | $0 | $228,079 | $0 | $0 | $0 |
| AMY DOSEN | ||||||||||||||
| CEF DIRECTOR OF ACQUISITIONS | $194,320 | $0 | $0 | $0 | $440 | $0 | $15,750 | $0 | $11,243 | $0 | $221,753 | $0 | $0 | $0 |
| CHARLEY DEPEW | ||||||||||||||
| SENIOR DIRECTOR | $164,784 | $0 | $0 | $0 | $2,059 | $0 | $0 | $0 | $39,028 | $0 | $205,871 | $0 | $0 | $0 |
| JANE CAMPBELL | ||||||||||||||
| SENIOR DIRECTOR | $210,484 | $0 | $0 | $0 | $2,946 | $0 | $24,000 | $0 | $15,071 | $0 | $252,501 | $0 | $0 | $0 |
| MICHAEL GRIFFIN | ||||||||||||||
| CEF DIRECTOR OF INVESTOR RELATIONS | $231,584 | $0 | $0 | $0 | $988 | $0 | $12,000 | $0 | $37,228 | $0 | $281,800 | $0 | $0 | $0 |
| THOMAS JACKSON | ||||||||||||||
| PRODUCT MANAGER | $170,744 | $0 | $0 | $0 | $1,445 | $0 | $12,000 | $0 | $51,885 | $0 | $236,074 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A CONTINUATION: | - LITTLE GREEN GOURMET: LITTLE GREEN GOURMET WAS ESTABLISHED IN 2012 AS A CATERING SERVICE THAT PROVIDES HEALTHY, HIGH-QUALITY LUNCH MEALS TO NEW YORK CITY CHARTER SCHOOLS. LGG'S LUNCH TIME OFFERINGS CONCENTRATE ON ORGANIC FRUITS, VEGETABLES AND LEAN PROTEINS. BOTH MEATS AND FRUITS ARE LOCALLY SOURCED. LGG SELLS PRE-PACKAGED INDIVIDUAL LUNCHES AND TRAYS OF FOOD DEPENDING ON THE SPECIFICATIONS OF THE CLIENT. SOME SCHOOLS, SUCH AS MONTESSORI, REQUIRE THAT THEIR STUDENTS SERVE THEMSELVES FROM COMMUNAL TRAYS OF FOOD IN ORDER TO DEVELOP LIFE SKILLS IN EACH INDIVIDUAL PUPIL. THE COMPANY STARTED OUT OF A SHARED COMMERCIAL KITCHEN IN EAST HARLEM. AFTER THREE YEARS IN THIS FACILITY AND GROWTH IN REVENUES IN EXCESS OF 100.0% YEAR-OVER-YEAR, THE COMPANY MOVED TO ITS CURRENT LOCATION ALSO IN EAST HARLEM AT THE BEGINNING OF 2016 WHICH REQUIRED SOME MINOR UPGRADES TO THE ELECTRICAL TO ACCOMMODATE NEW APPLIANCES AND SOME ADDITIONAL FINISH WORK TO MAKE THE SITE MORE EFFICIENT. IN ADDITION, THE COMPANY NEEDED TO PURCHASE A VAN SO THAT IT COULD MAKE DELIVERIES TO THEIR RESPECTIVE SITES THROUGHOUT THE CITY. TO MEET THIS NEED GAF PROVIDED A TEN YEAR LOAN OF $150,000 FOR IMPROVEMENTS, ACQUISITION OF THE NEW VAN AND PERMANENT WORKING CAPITAL. - COUGAR MOUNTAIN BAKING COMPANY: IN 1988, DAVID SAULNIER, THE FUTURE OWNER OF COUGAR MOUNTAIN BAKING COMPANY, CREATED HIS FIRST BATCH OF CHOCOLATE CHIP COOKIES, FROM SCRATCH, IN HIS KITCHEN AT HOME. LATER THAT YEAR, AT THE AGE OF 20, DAVID STARTED COUGAR MOUNTAIN BAKING COMPANY (CMBC). CMBC IS NOW BASED NEAR THE MAGNOLIA FISHERMAN'S TERMINAL AREA OF SEATTLE IN A 6,000 SQUARE FOOT BUILDING WITH STATE-OF-THE-ART EQUIPMENT. GAF ASSISTED IT WITH PURCHASING ADDITIONAL SPACE TO HOUSE THE COUGAR MOUNTAIN PRODUCTS. GAF PROVIDED $877,500 TO ACQUIRE THE BUILDING, $75,000 IN IMPROVEMENT COSTS AND AN ESTIMATED $52,500 IN SOFT IN CLOSING COSTS FOR A LOAN OF $1,005,000. AMORTIZED AND TERMED OVER 25 YEARS, THIS LOAN POSSESSES A FIXED RATE OF 2% FOR THE FIRST THREE YEARS BECOMING PRIME PLUS 1 STARTING IN YEAR FOUR. - AMCLO GROUP: INCORPORATED IN 1986, THE AMCLO GROUP MANUFACTURES AND DISTRIBUTES METAL AND PLASTIC END AND CLOSURE CAPS TO CUSTOMERS IN ALL 50 STATES. THE COMPANY CREATES ITS PRODUCTS FROM TIN, PLASTIC, ALUMINUM, STEEL AND GOLD. FOR MOST OF ITS EXISTENCE, THE AMCLO GROUP RENTED SPACE FROM THE CITY OF CLEVELAND. THE FACILITY WAS LOCATED IN A BLIGHTED, BROWNFIELDS AREA OF EAST CLEVELAND SLATED FOR MAJOR REDEVELOPMENT INTO THE "OPPORTUNITY CORRIDOR". THE COMPANY NEEDED TO FIND A NEW LOCATION THAT WOULD ALLOW IT TO IMPROVE OPERATIONAL PROCESS FLOW AND GROW. CLEVELAND INDUSTRIAL RETENTION INITIATIVE (CIRI) INTRODUCED THE COMPANY'S OWNERS TO GAF. WITH PRE-APPROVAL FOR A REAL ESTATE ACQUISITION LOAN FROM GAF, AMCLO PURSUED SEVERAL NEW FACILITIES AND SETTLED ON AN APPROPRIATE FACILITY IN THE CITY OF NORTH ROYALTON. GAF PROVIDED A $661,000 LOAN WITH A FIXED INTEREST RATE OF 5% OVER THE FOURTEEN YEAR, TEN-MONTH TERM. - ALL OF THE BORROWERS ILLUSTRATED ABOVE WERE UNABLE TO SECURE LOANS FROM CONVENTIONAL LENDERS UNDER SIMILAR TERMS AND CONDITIONS. IF GAF WERE UNABLE TO MAKE THE LOANS, EACH OF THE BORROWERS WOULD HAVE BEEN UNABLE TO EXPAND THEIR BUSINESSES AND CREATE JOBS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY OUTSIDE TAX PREPARERS IN CONSULTATION WITH MANAGEMENT AND AUDITORS. A DRAFT OF THE FULL FORM 990 WAS PROVIDED TO THE ENTIRE BOARD FOR REVIEW. A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE ORGANIZATION'S ENTIRE BOARD BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF NDC'S BOARD OF DIRECTORS AND EXECUTIVE EMPLOYEES ARE REQUIRED ANNUALLY TO EXECUTE A CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES ACKNOWLEDGEMENT STATING THAT THEY HAVE RECEIVED, READ AND UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES. THE CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES REQUIRES BOARD MEMBERS AND EXECUTIVE EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY. UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE CHAIRPERSON OF THE BOARD WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY CAN RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALSO, ALL BOARD MEMBERS, BY EXECUTING THE ANNUAL ACKNOWLEDGEMENT STATEMENT, CONCERNING THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES, ACKNOWLEDGE THAT NDC SHALL REMAIN FAITHFUL TO ITS CHARITABLE PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS OF NDC HAS A STANDING COMPENSATION REVIEW COMMITTEE, THE MEMBERS OF WHICH ARE ALL INDEPENDENT DIRECTORS. THE COMMITTEE ENGAGES A THIRD PARTY INDEPENDENT CONSULTANT TO REVIEW THE COMPENSATION OF THE PRESIDENT EVERY TWO YEARS. THE COMMITTEE REVIEWS AND DISCUSSES THE FINDINGS AT A SPECIAL SESSION WITH ALL BOARD MEMBERS PRESENT EXCEPT THE PRESIDENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE BY REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGES IN FUNDED STATUS OF QUALIFIED PENSION PLAN 114,670. CHANGES IN FUNDED STATUS OF NON-QUALIFIED PENSION PLAN -1,069,574. |
| FROM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION-GROUP RETURN | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 911884698 | ASSIST GOV/HOUSING | VA | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| GROW AMERICA FUND INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133641265 | LOANS AT BELOW-MARKET RATES FOR ECONOMIC DEVELOPMENT | DE | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC SUPPORT I INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134156877 | ASSIST GOV/HOUSING | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 112933129 | ASSIST GOV/HOUSING | VA | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| KINGSBOROUGH HOUSING DEVELOPMENT FUND COMPANY INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 141734500 | HOUSING | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| YONKERS LARKIN GARAGE INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 800730609 | ASSIST GOV | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC GREEN RENEWABLE ENERGY ENTERPRISE NEXUS | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 273820841 | ECONOMIC DEVELOPMENT | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC RESOURCES | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 460674188 | ECON DEV/HOUSING/ASSIST GOV'T | DC | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| NDC CORPORATE EQUITY FUND III | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134071776 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IV | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134151268 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND V | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134195127 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 050585420 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203273264 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 261481355 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IX | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 264226439 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND X | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 454281155 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 462764258 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 473762588 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 813113490 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XIV LP | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 821877042 | LOW INCOME HOUSING | NY | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMUNITY DEVELOPMENT GROUP HOLT | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201643188 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |||
| COMMUNITY DEVELOPMENT GROUP ILLINOIS INC | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201644052 | AFFORDABLE HOUSING | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |||
| COMMUNITY DEVELOPMENT GROUP KENTUCKY INC | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133555220 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | -$275 | $359 | |
| COMMUNITY DEVELOPMENT GROUP RENEWABLE ENERGY | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 262989445 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | $60,408 | $1,331,997 | |
| COMMUNITY DEVELOPMENT GROUP WALLA WALLA INC | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133615889 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | $65,379 | $225,463 | |
| HOUSING DEVELOPMENT GROUP III | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203673695 | AFFORDABLE HOUSING | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | $282,700 | ||
| COMMUNITY DEVELOPMENT INVESTOR BROOKLYN | |||||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 461534076 | ECONOMIC DEVELOPMENT | NY | C | 0 | N/A | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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