IRS 990 Nonprofit Profile

Ndc Housing & Economic Development Corporation

Income housing for persons of limited financial means, handicapped persons, elderly persons, and other persons in need of safe adequate affordable housing and to assist generally in the alleviation of housing shortages throughout the us. b. to assist in the erection and maintenance of public buildings, monuments, facilities, or works; to lessen the burdens of government; and to promote social welfare. c. to initiate and carry out activities to stimulate economic development in economically depressed areas of the us. in particular, to undertake activities that: - relieve poverty and lessen neighborhood tension caused by a lack of jobs in deteriorated and depressed areas by providing training opportunities for the unemployed and creating job opportunities for disadvantaged groups. - combat community deterioration and eliminate blight by undertaking activities that stimulate the establishment of new businesses among disadvantaged groups and which rehabilitate and revive existing businesses operated by disadvantaged groups.

Filing year

2024

Total revenue

$13.3M

Total expenses

$12.8M

Program expenses

$11.2M

Administration

$1.6M

Fundraising

$0

Program share of expenses

88%

EIN

112933129

Location

New York, NY

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