Neighborhood Development Center Inc
Nonprofit profile at a glance
- EIN
- 411738791
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Saint Paul, MN, USA
- Phone
- 6512912480
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- American Red Cross
Reported finances
- Revenue
- $28,158,842
- Expenses
- $20,405,631
- Assets
- $55,325,210
- Liabilities
- $27,128,093
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- RENAY DOSSMAN (PRESIDENT AND CHIEF EXECUT)
- BEN JOHNSON (VICE PRESIDENT, REAL ESTAT)
- SHAHIR ADMED-RIDDLE (VICE PRESIDENT, BUSINESS S)
Highest reported compensation
- RENAY DOSSMAN (PRESIDENT AND CHIEF EXECUT): $280,214 total reported compensation
- TAMMIE NASSEFF (CHIEF FINANCIAL OFFICER): $197,490 total reported compensation
- BEN JOHNSON (VICE PRESIDENT, REAL ESTAT): $177,948 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower entrepreneurs and community partners to transform low-income neighborhood economies from within.
What it reported doing in 2025
Lending and financing program - provides funds to start-up and existing businesses. In 2025, ndc had a $11. Million dollar revolving loan fund. Loans were provided to businesses that met certain geographical and income criteria. A portion of available funds are dedicated to be used for profit-based financing to accommodate faith and/or cultural values of borrowers. Ndc approved 49 loans in 2025, totaling $4,391,070, in priority and other neighborhoods, as follows: 24 small business loans (larger than $50k) 25 microloans ($50k or less)in addition, ndc approved 9 credit-builder loans in 2025, totaling $2,700.also, the lending department administered two grant programs in 2025 the ndc emergency grants program, where 3 businesses received grants totaling $7,500. The equity grants program, where 1 business received a grant totaling $7,500
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.2%; rating input score 64
- Program expense ratio: 88%; rating input score 88
- Fundraising efficiency: $34.19 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 16th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 95%; rating input score 95; 33rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 27.5%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.71; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 64.2% of revenue deployed · 88% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $18M in reported program spending
- Leadership: top reported pay $280K · 19 people listed · 3 of 6 pay-setting controls reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 579 filed money-flow records
- Related organizations: 7 filed related-organization links
- 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.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 50/100.