East Dayton Neighborhood Development Corporation
Nonprofit profile at a glance
- EIN
- 475162501
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-N 2021
- Location
- Dayton, OH, USA
- Phone
- 2163187552
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $330,500
- Expenses
- $178,923
- Assets
- $775,017
- Liabilities
- $26,223
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Paul R Woodie (President)
- Jim Barrett (Vice President)
- Jan Lepore-Jentleson (Executive Director)
Highest reported compensation
- Jan Lepore-Jentleson (Executive Director): $13,542 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The East Dayton Neighborhood Development Corporation EDNDC exists to expand access to safe decent and affordable housing while improving neighborhood amenities in Twin Towers. Our work is focused on creating lasting social economic and environmental value for families.
What it reported doing in 2025
Housing Development and Neighborhood Stabilization EDNDC undertakes housing development and stabilization activities to improve the quality availability and affordability of housing in East Dayton. EDNDC rehabilitated a residential property in the Ruskin West neighborhood for homeownership and acquired multiple vacant lots and properties in the Twin Towers neighborhood to support future infill housing development. EDNDC collaborated with the Montgomery County Land Reutilization Corporation Land Bank and the County Corporation to pursue funding through the Ohio Department of Development to support single-family housing development and neighborhood revitalization efforts. We forged a partnership with Home Inc. to advance the exploration and implementation of a community land trust model in East Dayton. This partnership is intended to support long-term housing affordability strengthen neighborhood stability and expand pathways to sustainable homeownership. We devised a strategic plan as a roadmap for neighborhood stabilization and revitalization. These activities contribute to reducing vacancy and blight increasing homeownership opportunities and supporting long-term neighborhood stability.
Operating model
- Revenue model
- Grant-funded. 60% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 45.9%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 4.33; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 7.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 59.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 47.1% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.9% of spending went to programs
- Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $166K in reported program spending
- Leadership: top reported pay $14K · 14 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.