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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 2022. Filed on November 13, 2023.

633 Third Ave 19j
New York, New York 10017

Ndc Housing & Economic Development Corporation (EIN: 11-2933129) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Ndc Housing & Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $324,365. The highest compensated employee at Ndc Housing & Economic Development Corporation is Daniel Marsh III with fiscal year 2022 compensation of $643,757.

Revenue, expenses, and employee compensation

Revenue

$13,208,840

Expenses

$11,761,090

Employee compensation

$4,078,215
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel Marsh III
President/Bd Member
$643,757
$0 $452,944 $190,813
Michael Griffin
Board Member
$357,072
$0 $252,267 $104,805
Gertrude Scriven
Board Member
$333,959
$0 $213,515 $120,444
Kevin Gremse
Board Member
$333,542
$0 $243,106 $90,436
Adam Ennis
BORD Member/Coo
$310,304
$0 $220,109 $90,195
David J Trevisani
Board Memberr/Vp
$300,203
$0 $214,643 $85,560
John Palyo
Board Member
$295,777
$0 $214,066 $81,711
Raquel Favela
Board Member
$289,131
$0 $216,670 $72,461
Stephanie Dugan
Board Member
$288,597
$0 $215,123 $73,474
Charley Depew
Board Member
$237,257
$0 $209,259 $27,998
Jennifer Vertrees
Secretary
$178,418
$0 $101,193 $77,225

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Applegate & Thorne-Thomsen PC
Legal and Acquisition Fees
$706,064
Shallo Galluscio & Bianchi Cpas PC
Accounting
$263,014
Vincent Hauser
Architectual and Acquisition Fees
$229,244
Barnes & Thornburg LLP
Legal and Acquisition Fees
$130,000
Prolink Solutions
Software
$114,612

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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