Neighborhood Development Corporation
Donations deductibleRevenue
$212k
year to 31 December 2025
Expenses
$37k
year to 31 December 2025
Total assets
$1.5m
$0 liabilities
Net assets
$1.5m
assets less liabilities
Directors and trustees
16
7.0y av
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Voting members
16
reported in Part VI
Neighborhood Development Corporation's network
16 people9 organisationsi16 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (16). Violet dotted lines (9) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
16 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 16 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Carter Naugher | Director | 2020 | 6 yrs |
| Charl McCloud | Director | 2018 | 8 yrs |
| Chris Rogers | Vice Preside | 2018 | 8 yrs |
| Duke Loden | President | 2018 | 8 yrs |
| Ellen Short | Director | 2018 | 8 yrs |
| George Taylor | Director | 2018 | 8 yrs |
| Jeff King | Director | 2018 | 8 yrs |
| Ketra Ruff | Director | 2018 | 8 yrs |
| Larry Coggin | Director | 2022 | 4 yrs |
| Louis C Marascalco III | Director | 2018 | 8 yrs |
| Mendy Lovern | Director | 2021 | 5 yrs |
| Pat Falkner | Director | 2022 | 4 yrs |
| Randy Taylor | Company secretary | 2019 | 7 yrs |
| Richard E Alvarez | Treasurer | 2018 | 8 yrs |
| Summer Smith | Director | 2022 | 4 yrs |
| Traci Davis | Director | 2022 | 4 yrs |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Richard E Alvarez | Treasurer | $0 | |||
| Andy Burleson | Director | $0 | |||
| Terry Clay | Director | $0 | |||
| Larry Coggin | Director | $0 | |||
| Levetta Conley | Director | $0 | |||
| Pat Falkner | Secretary | $0 | |||
| Stephen Flynn | Director | $0 | |||
| Randy Harris | Director | $0 | |||
| Louis C Marascalco III | Director | $0 | |||
| Jeff King | Director | $0 | |||
| Duke Loden | President | $0 | |||
| Mendy Lovern | Director | $0 | |||
| Carter Naugher | Director | $0 | |||
| Chris Rogers | Vice Preside | $0 | |||
| Ketra Ruff | Director | $0 | |||
| Bridgette Shelly | Director | $0 | |||
| Ellen Short | Director | $0 | |||
| Summer Smith | Director | $0 | |||
| Lenea Waldman | Director | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Neighborhood Development Corporation
- EIN
- 640894608
- Address
- Po Box 782, Tupelo, MS, 38802-0782
- State
- Mississippi
- Mission
- Neighborhood development corporation (ndc) is a non-profit, tax exempt, housing organization created to promote the redevelopment of deteriorating neighborhoods in tupelo and throughout lee county, focusing on education, assistance, and revitalization. Ndcs programs and services are changing lives and neighborhoods, developing residential leadership, increasing home ownership for low and... (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 6 (IRS master file code)
- Principal officer
- Richard E Alvarez (as named on the Form 990)
- IRS ruling date
- 1 December 1999
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsCharl McCloud
≥8years on the filingsChris Rogers
≥8years on the filingsDuke Loden
≥8years on the filingsEllen Short
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $1.5m
- Total liabilities
- $0
- Net assets or fund balances
- $1.5m
- Contributions and grants received
- $275k
- Program service revenue
- $0
- Employees
- 0