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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 2024. Filed on November 11, 2025.

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 2024 IRS Form 990 filing, Ndc Housing & Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $378,809. The highest compensated employee at Ndc Housing & Economic Development Corporation is Daniel Marsh III with fiscal year 2024 compensation of $605,052.

Revenue, expenses, and employee compensation

Revenue

$13,287,489

Expenses

$12,779,039

Employee compensation

$5,265,139
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel Marsh III
President and Board Member
$605,052
$0 $531,397 $73,655
Michael Griffin
Board Member
$451,794
$0 $366,362 $85,432
Adam Ennis
BORD Member/Coo
$444,236
$0 $351,274 $92,962
David J Trevisani
Board Memberr/Vp
$409,255
$0 $284,339 $124,916
Kevin Gremse
Board Member
$375,233
$0 $274,418 $100,815
Stephanie Dugan
Board Member
$341,816
$0 $250,665 $91,151
Raquel Favela
Board Member
$332,730
$0 $293,881 $38,849
Daniel Choi
Vice President
$332,089
$0 $271,108 $60,981
Charley Depew
Board Member
$294,068
$0 $255,296 $38,772
Jennifer Vertrees
Secretary
$201,814
$0 $114,248 $87,566

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Applegate & Thorne-Thomsen PC
Legal
$386,480
Crosskey Architects LLC
Architectural
$274,426
Barnes and Thornburg
Legal
$215,000
Shallo Galluscio & Bianchi Cpas PC
Accounting
$165,000
Law Office of Mark D Foster
Legal
$163,200

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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