Ndc Housing & Economic Development
NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE FOLLOWING CHARITABLE PURPOSES:A. TO CONSTRUCT NEW LOW INCOME HOUSING AND TO DEVELOP, MANAGE, OPERATE, PROMOTE, FUND, AND SUPPORT EXISTING LOW (CONT. ON SCHEDULE O)
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.2M
+29.8% YoY
Annual Giving
$5.6M
+23.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$1.9M
-17.6% YoY
About Ndc Housing & Economic Development
Based on IRS filings
Ndc Housing & Economic Development is a nonprofit organization, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.2M in total assets. In 2024, it awarded 3 grants totaling $5.6M. Net investment income was $9K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,237,144 | $34,085,608 | $30,272,835 |
| Revenue | $13,287,489 | $12,386,503 | $13,208,840 |
| Expenses | $12,779,039 | $11,165,097 | $11,761,090 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $9,168 | $97,964 | $10,903 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM ENNIS | BORD MEMBER/COO | 20 | — |
| CHARLEY DEPEW | BOARD MEMBER | 1 | — |
| DANIEL MARSH III | PRESIDENT/BOARD MEMBER | 4.4 | — |
| DAVID J TREVISANI | BOARD MEMBERR/VP | 6 | — |
| KEVIN GREMSE | BOARD MEMBER | 1 | — |
| MICHAEL GRIFFIN | BOARD MEMBER | 45.5 | — |
| RAQUEL FAVELA | BOARD MEMBER | 1 | — |
| STEPHANIE DUGAN | BOARD MEMBER | 28 | — |
| DANIEL CHOI | VICE PRESIDENT | 12.5 | — |
| JENNIFER VERTREES | SECRETARY | 25.5 | — |
Related Funders
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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