NEIGHBORHOOD DEVELOPMENT CENTER INC

SAINT PAUL, MN | Ramsey County
Economic Development

Overview

NEIGHBORHOOD DEVELOPMENT CENTER INC
41-1738791
663 UNIVERSITY AVE W STE 200
SAINT PAUL, MN 55104
Ramsey County
(651) 291-2480

Mission Statement info

NDC'S MISSION STATEMENT IS TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN.

Founded info
1993
Total Employees info
31
Total Volunteers info
30
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
P21

P - Human Services

American Red Cross

Separately incorporated, local chapters of the American Red Cross.

IRS Activity Codes info
405
Loans or grants for minority businesses
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624230
Emergency and Other Relief Services

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$650,000
CDFI Financial Assistance
2018
$600,000
CDFI Financial Assistance
2017
$866,500
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.2M
Revenue
$5.8M
Assets
$15M
Exempt Ruling Date info
1993-05
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
MN
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
663 UNIVERSITY AVE W STE 200
SAINT PAUL, MN 55104
Ramsey County
FIPS Geocoded Address info
33460
MSA/CBSA info
27
State info
123
County info
0325.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Minneapolis-St. Paul-Bloomington, MN-WI
Combined Statistical Area info
Minneapolis-St. Paul, MN-WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 76.98%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0325.00 Ramsey County
Population
Total Population 4,187 544,442
Total Households 1,185 209,043
Income
Median Family Income (Census*) $32,083 $64,660
Median Family Income (2019 FFIEC) $93,000 N/A
Tract Income Percentage 37.92% N/A
Below Poverty Level 44.5% 14%
Unemployment Level 15.8% 4.5%
Housing
Total Housing Units 1,365 219,977
Total Owner-Occupied Units 37.2% 59.4%
Total Renter-Occupied Units 49.6% 40.6%
Total Vacant Units 13.2% 5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

16
Total Voting Members
in Governing Body
info
16
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Mihailo Temali
President & CEO
(651) 291-2480
Principal Officer info
Mihailo Temali
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.