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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Ndc Housing & Economic Development Corporation

Ndc Housing & Economic Development Corporation

Fiscal year ending 2016. Filed on November 15, 2017.

One Battery Park Plaza No 710
New York, New York 10004

Ndc Housing & Economic Development Corporation (EIN: 11-2933129) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Ndc Housing & Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 13 employees. Among the employees shown here, the average compensation is $387,890. The highest compensated employee at Ndc Housing & Economic Development Corporation is Robert W Davenport with fiscal year 2016 compensation of $1,935,552.

Revenue, expenses, and employee compensation

Revenue

$10,690,359

Expenses

$9,704,321

Employee compensation

$3,258,320
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert W Davenport
Chair and Board Member
$1,935,552
$0 $1,597,292 $338,260
Daniel Marsh III
Pres/Board Member
$494,747
$0 $245,298 $249,449
Ann Vogt
Sec/Tres/Board Member
$317,725
$0 $279,959 $37,766
Patricia Thomson
Board Member
$308,059
$0 $206,401 $101,658
Gertrude Scriven
Board Member
$263,397
$0 $148,669 $114,728
John Palyo
Board Member
$260,662
$0 $210,777 $49,885
Kevin Gremse
Board Member
$248,782
$0 $199,760 $49,022
Thomas Jackson
Board Member
$216,896
$0 $166,280 $50,616
David J Trevisani
Board Member
$213,074
$0 $167,240 $45,834
Stephanie Dugan
Board Member
$208,643
$0 $162,057 $46,586
Ingrid Nardoni
Board Member
$196,687
$0 $150,070 $46,617
Adam Ennis
Board Member and Chief Financial Officer
$191,568
$0 $148,757 $42,811

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Waterstone Capital Partners
Consulting
$316,500
Law Office of Mark D Foster
Legal and Acquisition Fees
$305,000
Cohnreznick LLP
Auditing and Tax
$196,855

Mission Statement

NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE (CONT. ON SCHEDULE O) FOLLOWING CHARITABLE PURPOSES: TO CONSTRUCT NEW AND SUPPORT EXISTING SAFE AND ADEQUATE LOW-INCOME HOUSING FOR DISADVANTAGED PERSONS; THEREBY ASSISTING GENERALLY IN THE ALLEVIATION OF HOUSING SHORTAGES THROUGHOUT THE UNITED STATES; TO STIMULATE ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED AREAS OF THE COUNTRY; AND TO ASSIST IN THE ERECTION AND MAINTENANCE OF PUBLIC BUILDINGS, MONUMENTS OR FACILITIES; TO LESSEN THE BURDENS OF GOVERNMENTS; AND TO PROMOTE SOCIAL WELFARE.

Revisions to this organization profile

November 11, 2025:
2024 Ndc Housing & Economic Development Corporation 990 filed
November 15, 2024:
2023 Ndc Housing & Economic Development Corporation 990 filed
November 13, 2023:
2022 Ndc Housing & Economic Development Corporation 990 filed

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Ndc Housing & Economic Development Corporation Group Return
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