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
Among its reported 2024 grants, the largest include National Council for Community Development ($5,500,000), A Edison Development Corporation ($65,590), B Community Development Properities Wilson Inc ($7,605).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT NEW YORK, NY | SUPPORT GENERAL OPERATIONS | $5,500,000 |
| A EDISON DEVELOPMENT CORPORATION NEW YORK, NY | SUPPORT GENERAL OPERATIONS | $65,590 |
| B COMMUNITY DEVELOPMENT PROPERITIES WILSON INC NEW YORK, NY | SUPPORT GENERAL OPERATIONS | $7,605 |
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 | — |
Frequently Asked Questions
How large is Ndc Housing & Economic Development?
As of 2024, Ndc Housing & Economic Development holds $44.2M in total assets with $13.3M in annual revenue. It awarded 3 grants totaling $5.6M in 2024.
Where does Ndc Housing & Economic Development operate?
Ndc Housing & Economic Development has awarded grants in New York.
What size grants does Ndc Housing & Economic Development award?
In 2024, Ndc Housing & Economic Development awarded 3 grants totaling $5.6M — an average of about $1.9M per grant, based on its IRS Form 990 filings.
What is Ndc Housing & Economic Development's EIN?
Ndc Housing & Economic Development's EIN (Employer Identification Number) is 11-2933129. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ndc Housing & Economic Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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