NDC Housing and Economic Development Corporation
Revenue
$113.2m
year to 31 December 2024
Expenses
$110.9m
year to 31 December 2024
Total assets
$818.6m
$707.2m liabilities
Net assets
$111.4m
assets less liabilities
Directors and trustees
25
6.7 years on average
Staff
0
20 volunteers
Left since last filing
3
12% of the board
Officers and senior staff
1
named in Part VII
NDC Housing and Economic Development Corporation's network
25 people10 organisationsi25 people and 10 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (25). Violet dotted lines (22) 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
25 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.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 25 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 |
|---|---|---|---|
| Adam Ennis | Board Member/COO | 2018 | 8 yrs |
| Brendan Mehaffy | Board Member | 2018 | 8 yrs |
| Byron Brown | Board Member | 2018 | 8 yrs |
| Charley Depew | Board Member | 2018 | 8 yrs |
| Daniel Choi | CFO | 2022 | 4 yrs |
| Daniel Marsh III | Pres/Board Member | 2018 | 8 yrs |
| David J Trevisani | Board Member/Vice President | 2018 | 8 yrs |
| Gertude Scriven | Board Member | 2022 | 4 yrs |
| John Murray | Board Member | 2020 | 6 yrs |
| Keith Swenson | Board Member | 2022 | 4 yrs |
| Kevin Gremse | Board Member | 2018 | 8 yrs |
| Kisty Morris | Board Member | 2020 | 6 yrs |
| Kyle Donahue | Board Member | 2022 | 4 yrs |
| Larry West | Board Member | 2022 | 4 yrs |
| Michael Griffin | Board Member | 2018 | 8 yrs |
| Oseremi Adekoye | Board Member | 2022 | 4 yrs |
| Raquel Favela | Board Member | 2020 | 6 yrs |
| Shatorah Donovan | Board Member | 2020 | 6 yrs |
| Sheila Hummel | Board Member | 2022 | 4 yrs |
| Stephanie Dugan | Board Member | 2018 | 8 yrs |
| Steven Thayer | Board Member | 2018 | 8 yrs |
| Svante Myrick | Board Member | 2018 | 8 yrs |
| Thomas Gibney | Board Member | 2019 | 7 yrs |
| Tom Schappacher | Board Member | 2022 | 4 yrs |
| Whitney Trumbly | Board Member | 2020 | 6 yrs |
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Jennie Vertrees | Company secretary | since 2019 |
Pay and hours
year to 31 December 2024iFrom 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 |
|---|---|---|---|---|---|
| Adam Ennis | Board Member/COO | 5.5 | $0 | $351k | $93k |
| Bill King | Board Member | 0.25 | $0 | ||
| Brendan Mehaffy | Board Member | 0.25 | $0 | ||
| Byron Brown | Board Member | 0.25 | $0 | ||
| Charley Depew | Board Member | 3 | $0 | $255k | $39k |
| Christopher Scanlon | Board Member | 0.25 | $0 | ||
| Daniel Choi | CFO | 12.5 | $0 | $271k | $61k |
| Daniel Marsh III | Pres/Board Member | 4.4 | $0 | $531k | $74k |
| Darron Saxon | Board Member | 0.25 | $0 | ||
| David J Trevisani | Board Member/Vice President | 10.5 | $0 | $284k | $125k |
| Geoffrey Person | Board Member | 0.25 | $0 | ||
| Jessica Eskra | Board Member | 0.25 | $0 | ||
| John Murray | Board Member | 0.25 | $0 | ||
| Keith Swenson | Board Member | 0.25 | $0 | ||
| Kevin Gremse | Board Member | 1 | $0 | $274k | $101k |
| Kisty Morris | Board Member | 0.25 | $0 | ||
| Larry West | Board Member | 0.25 | $0 | ||
| Lisa Nichols | Board Member | 0.25 | $0 | ||
| Marlo Jaco | Board Member | 0.25 | $0 | ||
| Michael Griffin | Board Member | 1 | $0 | $366k | $85k |
| Paula Liu | Vice President | 50 | $0 | ||
| Raquel Favela | Board Member | 1 | $0 | $294k | $39k |
| Scott Andrew | Board Member | 0.25 | $0 | ||
| Sheila Hummel | Board Member | 0.25 | $0 | ||
| Stephanie Dugan | Board Member | 1 | $0 | $251k | $91k |
| Thomas Gibney | Board Member | 0.25 | $0 | ||
| Tom Schappacher | Board Member | 0.25 | $0 | ||
| Wendy Cole | Board Member | 0.25 | $0 | ||
| Whitney Trumbly | Board Member | 0.25 | $0 | ||
| Jennie Vertrees | Secretary | 15 | $0 | $114k | $88k |
About
- Legal name
- NDC Housing and Economic Development Corporation
- EIN
- 911884698
- Address
- 633 Third Ave 19j, New York, NY, 10017-6706
- State
- New York
- Mission
- 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) (as filed on the Form 990)
- Activity (NTEE)
- L200 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 9 (IRS master file code)
- Formed
- 1988
- Principal officer
- Daniel Marsh III (as named on the Form 990)
- IRS ruling date
- 1 November 1988
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
Most connected
Related organisations (Schedule R)
RelatedECON DEV/ASSIST GOV'T/HOUSINGNDC Housing & Economic Development CorporationRelatedLOANS AT BELOW-MARKET RATES FOR ECONOMIC DEVELOPMENTGrow America Fund IncRelatedSUPPORT NDCNDC Support I IncRelatedECON DEV/ASSIST GOV'T/HOUSINGNational Council for Community Development
Longest observed on the filings
≥8years on the filingsAdam Ennis
≥8years on the filingsBrendan Mehaffy
≥8years on the filingsByron Brown
≥8years on the filingsCharley Depew
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $818.6m
- Total liabilities
- $707.2m
- Net assets or fund balances
- $111.4m
- Contributions and grants received
- $27.3m
- Program service revenue
- $75.8m
- Grants and similar paid out
- $2.8m
- Employees
- 0
- Volunteers
- 20
Grants paid
5 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Seattle Bcof LLC | Grant to a small business owner for real estate development | $1.5m |
| NDC Housing and Economic Development Corp | Economic development grant | $1.3m |
| NDC Community Impact Loan Fund | Economic development grant | $64k |
| The Community Economic Development Fund I LLC | Working capital grant | $27k |
| Kings Theatre Master Tenant LLC | Annual thanksgiving donation | $20k |