2016-11-15T16:21:16-06:00 2015-12-31 221478099 COHNREZNICK LLP 1301 Avenue of the Americas New York NY 10019 990 2015-01-01 136532871 national council for community Development inc NATI 2126821106 one battery park plaza No 710 new york NY 10004 robert w davenport Pres and CEO/board member 2126821106 2016-11-15 1 THOMAS LANNING P00851654 2122970400 2015 2017-02-10 21:41:12Z X THE NATIONAL DEVELOPMENT COUNCIL robert w davenport one battery park plaza No 710 new york NY 10004 18177039 0 X www.ndconline.org X 1972 NY THE MISSION OF THE organization IS TO CREATE ECONOMIC OPPORTUNITY, AFFORDABLE HOUSING AND TO STRENGTHEN COMMUNITIES IN UNDERSERVED AREAS ACROSS THE UNITED STATES. 6 5 86 5 0 0 2881261 4089562 5705203 5525288 280496 299886 0 0 8866960 9914736 16230 21702 0 0 6864448 8514272 0 0 193238 3770774 4246241 10651452 12782215 -1784492 -2867479 18625910 16685081 9590203 7467275 9035707 9217806 X THE THREE PRIMARY EXEMPT PURPOSES OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT DBA THE NATIONAL DEVELOPMENT COUNCIL ("NDC") ARE TO:- ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS.- CONDUCT PROGRAMS TO INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL AND OTHER FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT.- PROVIDE HOUSING FOR LOW INCOME PERSONS. 0 0 3007850 21702 1385625 ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS: THROUGH NDC'S SMALL BUSINESS LENDING UNIT, NDC Has FOSTERED MORE THAN 500 SMALL BUSINESSES OWNED BY DISADVANTAGED INDIVIDUALS ACROSS THE NATION BY PROVIDING LOANS AND BUSINESS COUNSELING. LOANS TOTAL OVER $200 MILLION AT VERY LOW INTEREST RATES AND 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: - JPMORGAN CHASE AWARDED NDC'S SMALL BUSINESS LENDING UNIT A $2.3 MILLION GRANT TO MAKE SMALL BUSINESS LOANS IN DISTRESSED AND UNDERSERVED COMMUNITIES ACROSS THE COUNTRY. WORKING WITH LOCAL COMMUNITY Community Development Financial Institutions ("CDFIS") AND Community Development Corporations ("CDCS"), NDC PROVIDES Technical Assistance ("TA") AND FINANCE TRAINING TO LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS, AND USES NDC'S GROW AMERICA FUND TO MAKE LOANS TO SMALL BUSINESSES WHO INVEST IN THEIR COMMUNITIES AND CREATE JOBS. FINANCING UNDER THE CHASE PROGRAM HAS RESULTED IN $33 MILLION IN TOTAL FINANCING TO 41 SMALL BUSINESSES WHO HAVE CREATED OR RETAINED 1500 JOBS. - EDA HAS MADE A $850,000 CREDIT FACILITY AVAILABLE AT A 0% RATE OF INTEREST TO MAKE LOANS TO DISADVANTAGED BUSINESSES IN DISTRESSED COMMUNITIES IN WASHINGTON STATE. - USDA HAS MADE A $750,000 CREDIT FACILITY AVAILABLE TO US FOR 30 YEARS AT 1% RATE OF INTEREST TO MAKE LOANS TO DISADVANTAGED BUSINESSES IN RURAL AREAS OF AMERICA.HERE ARE EXAMPLES OF DISADVANTAGED BUSINESSES THAT NDC'S SMALL BUSINESS LOAN FUND HAS RECENTLY ASSISTED:- IN SEQUIM, WA, A SMALL DISTRESSED COMMUNITY IN PUGET SOUND, NDC HAVE CLOSED AN EDA LOAN TO A MAKER OF TRUCK BEDS USED IN THE LOGGING INDUSTRY. THE LOAN AMOUNT WAS $150,000 AT A 3.5% RATE OF INTEREST. THE FINANCING CREATED THREE NEW JOBS. - IN A DEEPLY DISTRESSED COMMUNITY OF QUEENS, NY ndc ASSISTED A MINORITY AND WOMAN OWNED BAKERY IN BUSINESS SINCE 2002 TO RENOVATE ITS LEASED FACILITY and hire fifteen new employees, almost all of whom are members of one or more minority groups- IN WILMINGTON, DE, NDC MADE A $150,000 LOAN TO HELP A MANUFACTURER OF STONE VENEERS TO ACQUIRE MACHINERY AND EQUIPMENT AND TO RENOVATE HIS LEASED PREMISES WHICH HE HAS OCCUPIED SINCE 1999. - IN ERIE COUNTY, NY, NDC ASSISTED A WOMAN AND DISADVANTAGED OWNED BUSINESS THAT PROVIDES WORK ZONE SAFETY EQUIPMENT TO CONTRACTORS TO ACQUIRE AND EQUIP A NEW, LARGER FACILITY. - ON A SMALLER SCALE, IN BROOKLYN, NY, NDC HELPED A LOCAL BAKERY KNOWN FOR ITS MUFFINS, CROISSANTS, AND SCONES TO OPEN A SECOND RETAIL STORE BY FINANCING NEW MACHINERY FOR THE NEW LOCATION. 3361714 2459046 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 $750 MILLION. A SAMPLE OF THE PROJECTS FOR WHICH NDC IS PROVIDING TECHNICAL ASSISTANCE AND TRAINING AROUND THE COUNTRY INCLUDE:- WORKING WITH THE NATIONAL URBAN LEAGUE, THE CITY AND COUNTY, AND MORGAN STANLEY, NDC HAS FORMED A PARTNERSHIP WITH THE URBAN LEAGUE OF GREATER CLEVELAND TO INCREASE AFRICAN-AMERICAN SMALL BUSINESSES' ACCESS TO CREDIT. THE PROGRAM WORKS WITH BUSINESSES TO READY AN ENTREPRENEUR FOR DEBT, STRUCTURES DEBT THAT MEETS THE NEEDS OF THE BUSINESS, AND PROVIDES MENTORING TO THE BUSINESS AFTER THE LOAN HAS BEEN MADE. - NDC HAS BEGUN PROVIDING TECHNICAL ASSISTANCE, TRAINING, AND FINANCING TO THE "BUILD FROM WITHIN" NATIONAL ALLIANCE, AN ALLIANCE OF NONPROFIT COMMUNITY ORGANIZATIONS WHOSE COMMUNITIES ARE EXPERIENCING CONCENTRATED POVERTY. UNDER THE ALLIANCE, COMMUNITIES PLACE PRIMARY VALUE ON THE SKILLS AND ASSETS OF EXISTING RESIDENTS TO DEVELOP ENTREPRENEURS AND COMMUNITY WEALTH, AND DRIVE THE COMMUNITY'S OWN FUTURE. NDC WORKS WITH THE COMMUNITIES TO TRAIN PRACTITIONERS, FINANCE ENTREPRENEURIAL OPPORTUNITIES, AND TO RENOVATE ABANDONED PROPERTIES. - IN 2015, NDC provided A TOTAL OF 400 DAYS OF TRAINING TO 3,500 STUDENTS DRAWN FROM NONPROFIT COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT FINANCE INSTITUTIONS, STATE AND LOCAL GOVERNMENTS, COMMUNITY FOUNDATIONS AND OTHER ORGANIZATIONS WORKING IN ECONOMIC, HOUSING AND COMMUNITY DEVELOPMENT. IN ADDITION TO NDC'S NATIONALLY RESPECTED CERTIFICATION TRAINING FOR HOUSING AND ECONOMIC DEVELOPMENT FINANCE PROFESSIONALS, NEW COURSES WERE DEVELOPED ON BEHALF OF: THE NATIONAL TRUST FOR HISTORIC PRESERVATION TO BUILD NEW DEVELOPMENT FINANCE SKILLS FOR HISTORIC CONSERVATORS; THE USDA TO ENHANCE STAFF UNDERWRITING SKILLS FOR CRITICAL RURAL COMMUNITY FACILITIES, INCLUDING HOSPITALS AND PUBLIC SAFETY BUILDINGS; AND, THE CONNECTICUT HOUSING FINANCE AUTHORITY TO SUPPORT THE SKILLS OF NONPROFIT organizations WORKING TO PRESERVE AFFORDABLE HOUSING IN THE STATE. - NDC IS CONTINUING ITS WORK WITH THE CITY AND COUNTY OF SALT LAKE, THE CITY OF OGDEN, A DIVERSE GROUP OF STAKEHOLDERS IN SALT LAKE'S LOW INCOME COMMUNITIES, AND LOCAL BANKS AND FOUNDATIONS INCLUDING AMERICAN EXPRESS, THE UTAH FOUNDATION, NEIGHBORWORKS, AND MORGAN STANLEY TO CREATE A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) 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 ndc's GROW AMERICA FUND, STRUCTURING AFFORDABLE HOUSING PROJECTS, AND OFFERING DEVELOPMENT SERVICES. - IN NEW YORK CITY, NDC PROVIDED CONTINUING TA TO THE CITY OF NEW YORK (NYCEDC), THE OFFICE OF BROOKLYN BOROUGH PRESIDENT, THE KINGS THEATER REDEVELOPMENT CORPORATION, AND THE FLATBUSH AVENUE BUSINESS DISTRICT TO STRUCTURE AND APPLY FOR FINANCING FOR THE $95 MILLION RENOVATION OF THE ICONIC AND HISTORIC KINGS THEATER IN EAST FLATBUSH (ORIGINALLY OPENED IN 1929). THE RENOVATED PROJECT WHICH OPENED EARLY IN 2015 IS ENHANCING ECONOMIC DEVELOPMENT OF THIS LOW INCOME NEIGHBORHOOD THROUGH EXTENSIVE JOB CREATION, PROVIDING A WIDE VARIETY OF CULTURAL EVENTS THAT SERVE THE VIBRANT AND DIVERSE NEIGHBORHOODS OF CENTRAL BROOKLYN, AND RESTORING AND RETURNING THIS LONG ABANDONED BUILDING (CLOSED SINCE 1979) TO PRODUCTIVE AND ECONOMIC REUSE. - THROUGH A CONTINUING PARTNERSHIP WITH THE NATIONAL ASSOCIATION OF COMMUNITY ECONOMIC DEVELOPMENT AGENCIES, NDC PROVIDES TECHNICAL ASSISTANCE, TRAINING AND FINANCIAL SUPPORT TO FLEDGLING, LOCAL NONPROFIT ECONOMIC DEVELOPMENT ORGANIZATIONS. 2477052 1700217 TO PROVIDE HOUSING FOR LOW INCOME PERSONS: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. NDC's technical assistance provided to nonprofit service providers and community organizations, coupled with the efforts of NDC's affiliated nonprofit housing organization and low income housing fund, spurred investment THAT RESULTED IN PUBLIC AND PRIVATE SECTOR FINANCING TOTALING MORE THAN $100 MILLION, CREATING OR REHABILITATING 900 HOUSING UNITS FOR LOW INCOME PERSONS, FAMILIES, THE ELDERLY, AND PERSONS WITH SPECIAL NEEDS. THROUGH its' HOUSING DEVELOPMENT AFFILIATE, NDC HAS DEVELOPED OVER 9,000 UNITS OF HOUSING FOR LOW INCOME AND DISADVANTAGED PERSONS. PPartnering with communities and/or local nonprofit organization, NDC initially evaluates the role it should play. NDC identifies the development team, designs the PROJECT AND STRUCTUREs THE FINANCING. MORE THAN 75% 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 PRESERVATION PROGRAM, DESIGNED TO KEEP AFFORDABLE HOUSING UNITS THAT HAVE COMPLETED THEIR REGULATORY COMPLIANCE PERIODS FROM BECOMING MARKET RATE HOUSING.- IN SUFFOLK COUNTY, NY, IN THE LOW INCOME AFRICAN-AMERICAN COMMUNITY (WYANDANCH) NDC CONTINUED ITS WORK TO PLAN, STRUCTURE AND FINANCE A TRANSIT ORIENTED DEVELOPMENT CALLED WYANDANCH RISING, THE FIRST SIGNIFICANT NEW CONSTRUCTION IN WYANDANCH IN 30 YEARS. THE MIXED USE LEED PROJECT IS A NATIONAL MODEL FOR INCLUSION. STEPS AWAY FROM THE LONG ISLAND RAILROAD AND A REGIONAL TRANSPORTATION HUB, THE PROJECT CONSISTS OF 170 UNITS OF MIXED INCOME HOUSING (30% AFFORDABLE FOR LOW INCOME, 20% WORK FORCE HOUSING) OFFERING AFFORDABLE LIVING APARTMENTS TO LOW INCOME RESIDENTS, 40,000 SQUARE FEET OF SHOPS AND RETAIL SPACE TO OFFER SERVICES AND CREATE JOBS, A COMMUNITY CENTER, A GREEN MARKET, PUBLIC PLAZA AND GREEN SPACE, AND AN ELECTRIC VEHICLE RECHARGING CENTER. - IN MADISON COUNTY IL, NDC HAS BEEN ASSISTING THE LOCAL HOUSING AUTHORITY SINCE 2007 TO BUILD its CAPACITY TO OWN, MANAGE, AND DEVELOP QUALITY MIXED FINANCE MULTI-FAMILY HOUSING IN MADISON COUNTY. THE PARTNERSHIP BETWEEN NDC AND THE PHA HAS ENABLED THE PHA TO PROVIDE QUALITY, SUSTAINABLE AFFORDABLE HOUSING FOR FAMILIES, CHILDREN, SENIORS AND THE DISABLED. THIS PARTNERSHIP HAS RESULTED IN THE DEVELOPMENT OF 231 UNITS OF QUALITY AFFORDABLE HOUSING IN MADISON COUNTY OVER THE LAST TEN YEARS. IN 2015, NDC PROVIDED ASSISTANCE FOR THE MAY APARTMENTS. THIS PROJECT INVOLVED THE ACQUISITION OF 46 UNITS OF ELDERLY/DISABLED HOUSING, REHAB OF THESE UNITS AND CONSTRUCTION OF 24 NEW UNITS ON THE SITE USING LIHTC, RHF FUNDS, STATE AND LOCAL HOME FUNDS, AND A STATE ENERGY EFFICIENCY GRANT. NDC ASSISTED WITH THE LIHTC APPLICATION, HUD EVIDENTIARY DOCUMENTS, CONSTRUCTION FINANCING, SELECTION OF AN ARCHITECT AND EQUITY PARTNER, NEGOTIATION OF PARTNERSHIP DOCUMENTS, BIDDING OF THE PROJECT, BUDGETING, CLOSING, AND CONSTRUCTION. NDC WILL CONTINUE TO PROVIDE TECHNICAL ASSISTANCE THROUGH THE FINALIZATION OF THE COST CERTIFICATION AND THE ISSUANCE OF THE 8609S. - OVER THE PAST SEVERAL YEARS, NDC HAS CONTINUED TO PROVIDE PROJECT TECHNICAL ASSISTANCE AND FINANCING TO NEIGHBORS OF WATERTOWN AND THE WATERTOWN LOCAL DEVELOPMENT COMPANY TO ASSIST THEM TO ACQUIRE AND REHABILITATE THREE LONG ABANDONED HISTORIC DOWNTOWN AND NEIGHBORHOOD MIXED USE STRUCTURES IN THE RURAL COMMUNITY OF WATERTOWN. AS A RESULT, THE COMMUNITY RAISED AND INVESTED $25 MILLION OF INVESTMENT CAPITAL CREATING 83 UNITS OF LOW INCOME AND HOMELESS HOUSING AND 13,000 SQUARE FEET OF COMMERCIAL SPACE. ONE OF THE PROPERTIES, THE FRANKLIN BUILDING, WAS A FINALIST FOR THE TIMOTHY ANDERSON AWARD FOR EXCELLENCE IN HISTORIC RENOVATION. - WORKING WITH MORGAN STANLEY, THE KRESGE FOUNDATION AND THE LOCAL INITIATIVES SUPPORT CORPORATION UNDER A PROGRAM ENTITLED "HEALTHY FUTURES," NDC IS WORKING TO BRING TOGETHER AFFORDABLE HOUSING AND MEDICAL SERVICES PROVIDED BY FEDERALLY QUALIFIED HEALTH CARE CENTERS.- WORKING WITH THE NATIONAL RURAL HOUSING COALITION, NDC PROVIDES CONTINUING TECHNICAL ASSISTANCE AND FINANCIAL SUPPORT TO RURAL HOUSING ORGANIZATIONS ACROSS THE NATION. 8846616 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 51 0 1 86 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X adam ennis 2126821106 one battery park plaza suite 710 new york NY 10004 Barry J Lang outgoing Board Member 1.00 X 0 0 0 Burt Tauber Board Member 3.80 2.90 X 0 0 0 Douglas Poneck Outgoing Treasurer/board member 1.00 X X 0 0 0 India Pierce Lee outgoing Board Member 1.00 X 0 0 0 John Downs Board Member 0.30 0.00 X 0 0 0 Robert W Davenport Pres and CEO/board member 48.45 9.05 X X 311954 0 50281 Samuel S Beard Outgoing Board Member 1.00 X X 1809470 0 1500 Saundra Johnson Hudson Board Member/ Chairwoman 4.26 3.58 X X 0 0 0 Seth Bongartz Board Member 4.26 3.58 X 0 0 0 William Young III Board Member 3.80 2.90 X 0 0 0 Adam Ennis CFO 2.50 47.50 X 124863 0 40870 Ann Vogt Product Manager 10.00 48.90 X 250993 0 52907 Daniel Marsh III Senior Manager 10.00 40.90 X 238333 0 70252 David J Trevisani Product Manager 5.00 45.00 X 151032 0 54554 John Palyo Product Manager 3.00 47.00 X 209360 0 49732 Kevin Gremse Regional Manager 47.00 3.00 X 202992 0 49481 Patricia Thomson Product Manager 44.00 6.00 X 202808 0 65667 Thomas Jackson Product Manager 47.00 3.00 X 164832 0 52038 Jane Campbell Product Manager 50.00 0.00 X 208834 0 52126 John A Finke Senior Director 1.00 49.00 X 611605 0 74910 Matthew Wexler Senior Director 43.65 1.35 X 148664 0 41306 Michael Griffin CEF Director of Investor Relations 1.00 44.00 X 228360 0 54674 Scott Rodde Senior Director 41.40 3.60 X 237048 0 71953 5101148 0 782251 36 0 1 0 RSM LLP 1185 avenue of the americas new york NY 10036 Audit and Tax 188000 Rapoza Associates 1331 g street 10th floor washington DC 20005 Consulting 125446 2 3409562 680000 4089562 Technical assistance r 541900 3589242 3589242 Training revenue 541900 1820820 1820820 Consortium revenue 541900 65226 65226 Management Fee 541900 50000 50000 5525288 215571 215571 8327018 19600 8262303 0 64715 19600 84315 19600 64715 9914736 5544888 0 280286 21702 21702 4153918 3266766 887152 2515944 1839586 483120 193238 817171 597773 219398 749182 576108 173074 278057 199303 78754 111034 2121 108913 261396 261396 17761 17761 587494 162167 425327 391662 213654 178008 83093 7261 75832 374714 269794 104920 800952 676206 124746 157309 157309 36916 26580 10336 135067 135067 bad debt 366015 366015 academy fees 277146 215941 61205 Training sites 189355 189355 Equipment lease and mai 156657 112793 43864 299670 85730 213940 12782215 8846616 3742361 193238 453758 998132 1100031 438026 1052044 793240 8169668 8070044 84245 96034 819153 722545 108132 96608 2856944 2636861 425000 681337 4376088 2874799 18625910 16685081 361967 526722 203563 229699 9024673 6710854 9590203 7467275 X 8244264 8403666 791443 814140 9035707 9217806 18625910 16685081 X -2867479 75915 2973663 X X 0 1 X 1 0 X 11578609 9707839 6289678 2881261 4089562 34546949 7082460 5592868 6239618 5705203 5525288 30145437 18661069 15300707 12529296 8586464 9614850 64692386 0 0 0 64692386 65040 369441 160214 255729 215571 1065995 65040 369441 160214 255729 215571 1065995 1300 1300 18727409 15670148 12689510 8842193 9830421 65759681 0.98380 0.98650 0.01620 0.01340 X Schedule A, Part III, Line 12, Explanation of Other Income: other revenue - 2011 Amount: $ 1,300. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125446 125446 12656769 12782215 789111 197278 0 0 946060 818600 682573 789111 3236344 4854516 137156 155663 136009 125446 554274 236515 204650 170643 197278 809086 1213629 29436 12382 17054 789717 710163 79554 96608 advances receivable 2844736 security deposits 30063 2874799 Accrued non-qualified pension liability 2681019 Accrued defined benefit plan pension liability 4029835 6710854 X 9990651 75915 75915 9914736 0 9914736 12782215 0 12782215 0 12782215 Part X, Line 2: 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 year ended December 31, 2015. The Organization files Form 990s, Return of Organization Exempt from Income Tax, with the Internal Revenue Service annually. AS OF December 31, 2015, the Organization's Form 990s for the years ended 2013 through 2015 remain eligible for examination by the IRS. 1 ndc support I inc 1 BATTERY PARK PLAZA suite 710 new york NY 10004 134156877 501(C)(3) 21702 operating support 1 Part I, Line 2: 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. X X X X X 1 1 0 0 0 0 0 0 0 Robert W Davenport Pres and CEO/board member 310100 0 0 0 1854 0 33152 0 17129 0 362235 0 0 0 Samuel S Beard Outgoing Board Member 103500 0 0 0 1705970 0 0 0 1500 0 1810970 0 0 0 Adam Ennis CFO 124687 0 0 0 176 0 5620 0 35250 0 165733 0 0 0 Ann Vogt Product Manager 249409 0 0 0 1584 0 36603 0 16304 0 303900 0 0 0 Daniel Marsh III Senior Manager 236749 0 0 0 1584 0 34450 0 35802 0 308585 0 0 0 David J Trevisani Product Manager 150000 0 0 0 1032 0 19673 0 34881 0 205586 0 0 0 John Palyo Product Manager 209000 0 0 0 360 0 13976 0 35756 0 259092 0 0 0 Kevin Gremse Regional Manager 202440 0 0 0 552 0 14600 0 34881 0 252473 0 0 0 Patricia Thomson Product Manager 199760 0 0 0 3048 0 30623 0 35044 0 268475 0 0 0 Thomas Jackson Product Manager 163800 0 0 0 1032 0 15957 0 36081 0 216870 0 0 0 Jane Campbell Product Manager 207250 0 0 0 1584 0 33272 0 18854 0 260960 0 0 0 John A Finke Senior Director 331952 0 0 0 279653 0 37629 0 37281 0 686515 0 0 0 Matthew Wexler Senior Director 148304 0 0 0 360 0 6425 0 34881 0 189970 0 0 0 Michael Griffin CEF Director of Investor Relations 228000 0 0 0 360 0 19793 0 34881 0 283034 0 0 0 Scott Rodde Senior Director 234000 0 0 0 3048 0 37152 0 34801 0 309001 0 0 0 Part I, Lines 4a-b CERTAIN SENIOR MANAGEMENT OFFICIALS PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. There were no contributions during the year. During 2015 John A. Finke received a distribution from a SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, this amount was included in his w-2. SCHEDULE J PART II, Column C: AMOUNTS IN COLUMN C INCLUDE THE ALLOCATED EXPENSE FOR THE DEFINED BENEFIT PLAN. Form 990, Part VI, Section B, line 11 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 and compensation guidelines acknowledgement stating that they have received, read and understand, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES. THE CONFLICT OF INTEREST 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 2,679,439. Changes in funded status of non-qualified pension plan 294,224. from 990, part xii, line 2c The process has not changed from the prior year. 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 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 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 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 1 NDC SUPPORT I INC one battery park plaza suite 710 New york NY 10004 134156877 Assist Gov/Housing NY 501(c)(3) Line 11a, I NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 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 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 1 KINGSBOROUGH HOUSING DEVELOPMENT FUND COMPANY INC one battery park plaza suite 710 New york NY 10004 141734500 Housing NY 501(c)(3) Line 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 1 Yonkers Larkin Garage Inc one battery park plaza suite 710 New york NY 10004 800730609 Assist Gov NY 501(c)(3) Line 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 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 9 NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC 1 NDC CORPORATE EQUITY FUND one battery park plaza suite 710 new york NY 10004 133864158 Low income housing NY N/A NDC CORPORATE EQUITY FUND II one battery park plaza suite 710 new york NY 10004 133952802 Low income housing NY N/A 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 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 1 Community Development Group Illinois Inc One Battery Park Plaza Suite 710 New York NY 10004 201644052 economic Development NY National council for community Development C 1.00000 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 1150 1.00000 1 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 286608 665496 1.00000 1 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 80672 167246 1.00000 1 Community Development Investor Brooklyn One Battery Park Plaza Suite 710 New York NY 10004 461534076 economic Development NY National council for community Development C 54316019 1.00000 1 Community Development Group III INC One Battery Park Plaza Suite 710 New York NY 10004 203673695 economic Development NY National council for community Development C 554313 1.00000 1 0 1 1 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 Community Development Group Walla Walla Inc K 50000 FMV