Civic Intelligence

Neighborhood Development Center Inc.

990 • Fiscal year 2013 • EIN 41-1738791

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 13, 2014

Organization ProfileWWW.NDC-MN.ORG

View Organization Page

663 University Avenue No 200Saint Paul, MN 55104

(651) 291-2480

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.68x

Higher debt load relative to assets than 81% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

2.05x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

43rd percentile

$144,925

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

2nd percentile

-25%

Faster asset growth than 2% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

88th percentile

48%

Faster revenue growth than 88% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$11,563,107

Down $3,831,002 (-25%) from 2012

Net Assets

Down

$3,678,851

Down $4,452,202 (-55%) from 2012

Liabilities

Up

$7,884,256

Up $621,200 (+8.6%) from 2012

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin75th percentile

Revenue

Up

$3,850,418

Up $1,242,925 (+48%) from 2012

Expenses

Up

$3,223,345

Up $296,845 (+10%) from 2012

Net Income

Up

$627,073

Up $946,080 (+297%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $16,154,360Liabilities 2010: $7,862,657Net Assets 2010: $8,291,7032010Assets 2011: $16,265,766Liabilities 2011: $7,815,706Net Assets 2011: $8,450,0602011Assets 2012: $15,394,109Liabilities 2012: $7,263,056Net Assets 2012: $8,131,0532012Assets 2013: $11,563,107Liabilities 2013: $7,884,256Net Assets 2013: $3,678,8512013Assets 2014: $12,270,615Liabilities 2014: $8,408,795Net Assets 2014: $3,861,8202014Assets 2015: $9,766,313Liabilities 2015: $4,501,255Net Assets 2015: $5,265,0582015Assets 2016: $8,904,505Liabilities 2016: $4,764,456Net Assets 2016: $4,140,0492016Assets 2017: $10,915,641Liabilities 2017: $5,589,322Net Assets 2017: $5,326,3192017Assets 2018: $15,012,914Liabilities 2018: $8,313,760Net Assets 2018: $6,699,1542018Assets 2019: $16,878,498Liabilities 2019: $9,921,670Net Assets 2019: $6,956,8282019Assets 2020: $27,377,284Liabilities 2020: $11,288,956Net Assets 2020: $16,088,3282020Assets 2021: $31,605,903Liabilities 2021: $14,241,681Net Assets 2021: $17,364,2222021Assets 2022: $39,676,153Liabilities 2022: $23,261,371Net Assets 2022: $16,414,7822022Assets 2023: $42,614,419Liabilities 2023: $23,648,602Net Assets 2023: $18,965,8172023Assets 2024: $43,224,139Liabilities 2024: $22,553,751Net Assets 2024: $20,670,3882024

Highlighted filing

2013

Assets$11,563,107
Liabilities$7,884,256
Net Assets$3,678,851
Open 2013 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,961,0652010Expenses 2011: $3,271,7262011Revenue 2012: $2,607,493Expenses 2012: $2,926,500Net Income 2012: -$319,0072012Revenue 2013: $3,850,418Expenses 2013: $3,223,345Net Income 2013: $627,0732013Revenue 2014: $3,292,885Expenses 2014: $3,109,916Net Income 2014: $182,9692014Revenue 2015: $4,281,746Expenses 2015: $3,170,067Net Income 2015: $1,111,6792015Revenue 2016: $2,322,254Expenses 2016: $3,154,382Net Income 2016: -$832,1282016Revenue 2017: $5,416,102Expenses 2017: $4,199,832Net Income 2017: $1,216,2702017Revenue 2018: $5,837,921Expenses 2018: $4,465,086Net Income 2018: $1,372,8352018Revenue 2019: $5,269,327Expenses 2019: $4,714,328Net Income 2019: $554,9992019Revenue 2020: $17,057,172Expenses 2020: $7,875,271Net Income 2020: $9,181,9012020Revenue 2021: $8,166,037Expenses 2021: $6,906,110Net Income 2021: $1,259,9272021Revenue 2022: $11,058,060Expenses 2022: $11,928,537Net Income 2022: -$870,4772022Revenue 2023: $10,163,231Expenses 2023: $7,569,563Net Income 2023: $2,593,6682023Revenue 2024: $14,198,019Expenses 2024: $11,999,558Net Income 2024: $2,198,4612024

Highlighted filing

2013

Revenue$3,850,418
Expenses$3,223,345
Net Income$627,073
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 13, 2014
Return Version
2013v3.0
Gross Receipts
$4,071,765
Mission and Program Overview

Mission

Ndc's mission statement is to empower entrepreneurs and community partners to transform low-income neighborhood economies from within.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,879,457$7,088,076▼ $4,791,381
Pledges and Grants Receivable$191,000$1,408,000▲ $1,217,000
Savings and Temporary Cash Investments$63,177$1,286,750▲ $1,223,573
Land, Buildings, and Equipment, Net$678,507$669,367▼ $9,140
Cash and Non-Interest-Bearing Accounts$1,940,673$532,971▼ $1,407,702
Investments Program Related$338,304$312,926▼ $25,378
Accounts Receivable$262,552$240,928▼ $21,624
Prepaid Expenses and Deferred Charges$40,439$24,089▼ $16,350
Total Assets$15,394,109$11,563,107▼ $3,831,002
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,325,106$6,863,551▲ $538,445
Unsecured Notes Loans Payable$509,867$509,867→ $0
Accounts Payable and Accrued Expenses$421,370$503,200▲ $81,830
Other Liabilities$6,713$7,638▲ $925
Total Liabilities$7,263,056$7,884,256▲ $621,200
Net Assets / Fund Balance
Unrestricted Net Assets$7,534,179$2,125,851▼ $5,408,328
Temporarily Rstr Net Assets$596,874$1,553,000▲ $956,126
Total Net Assets Fund Balance$8,131,053$3,678,851▼ $4,452,202
Total Liabilities and Net Assets / Fund Balance$15,394,109$11,563,107▼ $3,831,002

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$605,724$356,776$962,500
Equipment$13,192$262,662$275,854
Leasehold Improvements$14,451$137,149$151,600
Land$36,000-$36,000
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mihailo TemaliPresident & CEOFT$118,299$26,626$144,925

Board Members and Trustees

NameTitle
Steve GibsonChair
Grover JonesVice Chair
Vivienne WilliamsonVice Chair
Asad AliweydBoard Member
Dennis PrchalBoard Member
Douglas GregoryBoard Member
Haiyen VangBoard Member
Jim GravesBoard Member
Leigh-erin IronsBoard Member
Long X YangBoard Member
Margo GeffenBoard Member
Mary MathewsBoard Member
Muffie GablerBoard Member
Patti TototzintleBoard Member
Terri FlemingBoard Member
Arvid PovilaitisSecretary
Noya WoodrichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,139,125
Program Service Revenue
$811,619
Investment Income
$2,232
Other Revenue
$-102,558
All Other Contributions
$1,931,788
Change in Net Assets
$627,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,655,844
Other Expenses$1,567,501
Total Fundraising Expense$51,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$998,944$159,695$10,338$1,168,977
Other Employee Benefits$170,045$29,850$2,437$202,332
Fees for Services Other$60,251$104,556$10,634$175,441
Current Officers, Directors, Trustees, and Key Employees$123,186$7,246$14,493$144,925
Office Expenses$62,660$40,118$5,472$108,250
Payroll Taxes$92,231$13,876$1,892$107,999
Occupancy$57,043$7,501$1,023$65,567
Interest$36,675$5,983-$42,658
Pension Plan Contributions$26,503$4,876$232$31,611
Fees for Services Accounting$24,795$3,705-$28,500
Other Expenses$25,378--$25,378
Travel$8,583$13,324$1,817$23,724
Insurance$19,324$2,541$346$22,211
Conferences and Meetings$7,987$11,423$1,558$20,968
Depreciation Depletion$16,941$3,062$408$20,411
All Other Expenses$4,192$5,484$748$10,424
Fees for Services Legal$70$25-$95
Total Functional Expenses$2,758,682$413,265$51,398$3,223,345
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$28,978
Fundraising Gross Income$28,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$28,500$28,500$26,078$2,422
Event 1$26,534-$2,900-
Total Events$55,034$28,500$28,978$-478
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board Member Is an Officer at the BankLoan FromNo$200,000
-Board Member Is an Officer at the BankLoan FromNo$125,000
-Board Member Is an Officer at the BankLine of CreditNo$105,000
-Board Member Is an Officer at the BankRent PaidNo$71,027
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$7,638
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“A key employee of this organization sits on the board of a second organization. A key employee of the second organization sits on the board of this organization.”

Form 990, Part VI, Section B, Line 11

“The finance committee of the board reviews a copy of the draft 990 and recommends to the board for approval before it is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Employees and board members are required to sign a conflict of interest policy annually.”

Form 990, Part VI, Section B, Line 15

“Based on a peer review and salary survey from minnesota council of nonprofits, the board set the salary structure for the president/ceo. Based on the above survey the president/ceo set the salary structure for the rest of the staff in consultation with the board.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents are made available upon request.”

Filing and Contact Details

Filer

EIN
41-1738791
Phone
6512912480

Signing Officer

Name
Mihailo Temali
Title
President and CEO
Phone
6512912480
Signed
2014-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mihailo Temali
Formed
1993
Legal Domicile
Mn
Voting Board Members
17
Independent Board Members
17
Employees
32
Volunteers
30

Preparer

Preparer
Daniel J Flicek
Phone
6512276695
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Reduction of carrying value of subsidiaries -5,079,275.”

Form 990, Part XII, Line 2C

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Ndc is classified as a tax-exempt organization under minnesota statute 290.05 and section 501(c)(3) of the internal revenue code; is exempt from private foundation status under section 509(a)(1) of the internal revenue code; and is subject to income taxes only on net unrelated business income. Management believes ndc did not have any unrelated business income in 2013 or 2012. Ndc is not currently under examination by any taxing jurisdiction. Federal and state tax authorities generally have the right to examine the current and prior three years of income tax returns.”

Raw XML AppendixShowing 400 of 741 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt026534
IRS990/FundraisingDirectExpensesAmt028978
IRS990/FundraisingGrossIncomeAmt028500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt01180803
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04071765
IRS990/GrossRentsGrp/RealAmt090289
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0346
IRS990/InsuranceGrp/ManagementAndGeneralAmt02541
IRS990/InsuranceGrp/ProgramServicesAmt019324
IRS990/InsuranceGrp/TotalAmt022211
IRS990/InterestGrp/ManagementAndGeneralAmt05983
IRS990/InterestGrp/ProgramServicesAmt036675
IRS990/InterestGrp/TotalAmt042658
IRS990/InvestmentIncomeGrp/ExclusionAmt02232
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02232
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0338304
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0312926
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0756587
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0678507
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0669367
IRS990/LandBldgEquipCostOrOtherBssAmt01425954
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt0192369
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NDC'S MISSION STATEMENT IS TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06325106
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06863551
IRS990/NetAssetsOrFundBalancesBOYAmt08131053
IRS990/NetAssetsOrFundBalancesEOYAmt03678851
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-478
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-478
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-102080
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-102080
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01023
IRS990/OccupancyGrp/ManagementAndGeneralAmt07501
IRS990/OccupancyGrp/ProgramServicesAmt057043
IRS990/OccupancyGrp/TotalAmt065567
IRS990/OfficeExpensesGrp/FundraisingAmt05472
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040118
IRS990/OfficeExpensesGrp/ProgramServicesAmt062660
IRS990/OfficeExpensesGrp/TotalAmt0108250
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-5079275
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02437
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029850
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0170045
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0202332
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1MIDTOWN GLOBAL MARKET
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3LOSS FROM SUBSIDIARY
IRS990/OtherExpensesGrp/ProgramServicesAmt0491941
IRS990/OtherExpensesGrp/ProgramServicesAmt1405120
IRS990/OtherExpensesGrp/ProgramServicesAmt2126813
IRS990/OtherExpensesGrp/ProgramServicesAmt325378
IRS990/OtherExpensesGrp/TotalAmt0491941
IRS990/OtherExpensesGrp/TotalAmt1405120
IRS990/OtherExpensesGrp/TotalAmt2126813
IRS990/OtherExpensesGrp/TotalAmt325378
IRS990/OtherLiabilitiesGrp/BOYAmt06713
IRS990/OtherLiabilitiesGrp/EOYAmt07638
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010338
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0159695
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0998944
IRS990/OtherSalariesAndWagesGrp/TotalAmt01168977
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011879457
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07088076
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01892
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013876
IRS990/PayrollTaxesGrp/ProgramServicesAmt092231
IRS990/PayrollTaxesGrp/TotalAmt0107999
IRS990/PensionPlanContributionsGrp/FundraisingAmt0232
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04876
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt026503
IRS990/PensionPlanContributionsGrp/TotalAmt031611
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0191000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01408000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040439
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024089
IRS990/PrincipalOfficerNm0MIHAILO TEMALI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROPERTY MGMT FEES
IRS990/ProgramServiceRevenueGrp/Desc2LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4CLASS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0398144
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1195778
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2173561
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt326104
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt418032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0398144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1195778
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2173561
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt326104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418032
IRS990/ProgSrvcAccomActy2Grp/Desc0LENDING AND PROFIT BASED PROGRAM - THE LENDING AND PROFIT BASED PROGRAM PROVIDES FUNDS TO START-UP AND EXISTING BUSINESSES. NDC HAS A TWO MILLION DOLLAR REVOLVING LOAN FUND. LOANS ARE GRANTED TO BUSINESSES THAT MEET CERTAIN GEOGRAPHICAL, INCOME, AND ETHNIC REQUIREMENTS. A PORTION OF AVAILABLE FUNDS IS USED FOR ISLAMICALLY ACCEPTABLE FINANCING. DURING 2013, 36 LOANS IN THE TOTAL OF $1,005,095 WERE GRANTED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0420681
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0122969
IRS990/ProgSrvcAccomActy3Grp/Desc0TECHNICAL ASSISTANCE PROGRAM - ENCOURAGE GROWTH OF NEW AND EXISTING BUSINESSES IN THE COMMUNITY. IN 2013, NDC PROVIDED OVER 6,405 HOURS OF TEHCNICAL ASSISTANCE TO OVER 300 BUSINESSES. ALL THESE BUSINESSES WERE BOTH FINANCING RECIPIENTS/APPLICANTS AND NON-BORROWERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0691772
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt026104
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MICRO - ENTREPRENEUR TRAINING PROGRAM OFFERS WEEKLY TRAINING SESSIONS WHICH GUIDE PARTICIPANTS IN HOW TO OWN AND OPERATE THEIR OWN BUSINESS. BY THE END OF THE TRAINING SESSION, THE PARTICIPANT WILL HAVE DEVELOPED A BUSINESS PLAN AND HAVE HAD INDIVIDUAL SESSIONS WITH A PROFESSIONAL TRAINING CONSULTANT. NDC WORKS WITH NEIGHBORHOOD PARTNERS TO ENHANCE THEIR CAPACITY TO CREATE AND CONDUCT ECONOMIC DEVELOPMENT INITIATIVES WITHIN THEIR OWN COMMUNITIES. DURING 2013, NDC OFFERED 19 BUSINESS TRAINING CLASSES TO 211 ASPIRING ENTREPRENEURS FROM VARIOUS ETHNIC GROUPS AND NEIGHBORHOODS. NDC OFFERED 44 WORKSHOPS TO OVER 244 INDIVIDUALS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0348853
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt018032
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02491890
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07184
IRS990/PYOtherExpensesAmt01390115
IRS990/PYOtherRevenueAmt0-648733
IRS990/PYProgramServiceRevenueAmt0757152
IRS990/PYRevenuesLessExpensesAmt0-319007
IRS990/PYSalariesCompEmpBnftPaidAmt01536385
IRS990/PYTotalExpensesAmt02926500
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02607493
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0627073
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-102080
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,563,107
Liabilities
$7,884,256
Net assets
$3,678,851
Revenue
$3,850,418
Expenses
$3,223,345
Net income
$627,073
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.2$22.6$20.7$14.2$12.0$2.20
2023Detailed filing. Detailed filing data is available for this year.$42.6$23.6$19.0$10.2$7.57$2.59
2022Detailed filing. Detailed filing data is available for this year.$39.7$23.3$16.4$11.1$11.9$0.87
2021Detailed filing. Detailed filing data is available for this year.$31.6$14.2$17.4$8.17$6.91$1.26
2020Detailed filing. Detailed filing data is available for this year.$27.4$11.3$16.1$17.1$7.88$9.18
2019Detailed filing. Detailed filing data is available for this year.$16.9$9.92$6.96$5.27$4.71$0.55
2018Detailed filing. Detailed filing data is available for this year.$15.0$8.31$6.70$5.84$4.47$1.37
2017Detailed filing. Detailed filing data is available for this year.$10.9$5.59$5.33$5.42$4.20$1.22
2016Detailed filing. Detailed filing data is available for this year.$8.90$4.76$4.14$2.32$3.15$0.83
2015Detailed filing. Detailed filing data is available for this year.$9.77$4.50$5.27$4.28$3.17$1.11
2014Detailed filing. Detailed filing data is available for this year.$12.3$8.41$3.86$3.29$3.11$0.18
2013Detailed filing. Detailed filing data is available for this year.$11.6$7.88$3.68$3.85$3.22$0.63
2012Summary only. Only limited summary data is available for this year.$15.4$7.26$8.13$2.61$2.93$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$7.82$8.45$3.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$7.86$8.29$2.96