Neighborhood Development Corporation
Neighborhood Development Corporation
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About this organization
Mission
NEIGHBORHOOD DEVELOPMENT CORPORATION (NDC) IS A NON-PROFIT, TAX EXEMPT, HOUSING ORGANIZATION CREATED TO PROMOTE THE REDEVELOPMENT OF DETERIORATING NEIGHBORHOODS IN TUPELO AND THROUGHOUT LEE COUNTY, FOCUSING ON EDUCATION, ASSISTANCE, AND REVITALIZATION. NDCS NUMEROUS PROGRAMS AND SERVICES ARE CHANGING LIVES AND NEIGHBORHOODS, DEVELOPING RESIDENTIAL LEADERSHIP, INCREASING HOME OWNERSHIP FOR LOW AND MODERATE INCOME FAMILIES, AND BUILDING COMMUNITY. GOVERNED BY A LOCAL BOARD OF DIRECTORS, NDC IS PARTNERING WITH LOCAL, STATE, AND NATIONAL AGENCIES AND ORGANIZATIONS, AS WELL AS PRIVATE DEVELOPERS, TO PROMOTE REDEVELOPMENT EFFORTS IN NEIGHBORHOODS. CERTIFIED AS A COMMUNITY DEVELOPMENT HOUSING ORGANIZATION (CHDO) BY THE MISSISSIPPI DEVELOPMENT AUTHORITY, AND PENDING APPROVAL AS A NEIGHBORWORKS NETWORK BY NEIGHBORWORKSAMERICA, NDC IS POSITIONED TO BE A STRONG CATALYST IN THE PROVISION OF AFFORDABLE HOUSING.
About
THE ORGANIZATION PARTICIPATES IN A VARIETY OF NEIGHBORHOOD REVITALIZATION EFFORTS, INCLUDING SPONSORING HOMEBUYER EDUCATION AND FINANCIAL MANAGEMENT CLASSES AND WORKS IN PARTNERSHIP WITH LOCAL NEIGHBORHOOD ASSOCIATIONS IN ORDER TO PROMOTE HEALTHY COMMUNITIES THROUGH THE NEIGHBORWORKS SYSTEM. IN ADDITION TO THE FOREGOING, THE CITY OF TUPELO NAMED THE ORGANIZATION AS GRANTEE IN THE NEIGHBORHOOD REVITALIZATION PROJECT ON WEST JACKSON STREET IN TUPELO, MISSISSIPPI AND THE ORGANIZATION IS IN THE PROCESS OF ACQUIRING AND DEMOLISHING PROPERTIES CONSISTENT WITH THAT GRANT AWARD DURING THE COURSE OF THE YEAR.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “Neighborhood development corporation (ndc) is a non-profit, tax exempt, housing organization created to promote the redevelopment of deteriorating neighborhoods in tupelo and throughout lee county, focusing on education, assistance, and revitalization. ndcs numerous programs and services are changing lives and neighborhoods, developing residential leadership, increasing home ownership for low and moderate income families, and building community. governed by a local board of directors, ndc is partnering with local, state, and national agencies and organizations, as well as private developers, to promote redevelopment efforts in neighborhoods. certified as a community development housing organization (chdo) by the mississippi development authority, and pending approval as a neighborworks network by neighborworksamerica, ndc is positioned to be a strong catalyst in the provision of affordable housing.”.
When referring to its tasks, they were referred to as: “Neighborhood development corporation (ndc) is a non-profit, tax exempt, housing organization created to promote the redevelopment of deteriorating neighborhoods in tupelo and throughout lee county, focusing on education, assistance, and revitalization. ndcs numerous programs and services are changing lives and neighborhoods, developing residential leadership, increasing home ownership for low and moderate income families, and building community. governed by a local board of directors, ndc is partnering with local, state, and national agencies and organizations, as well as private developers, to promote redevelopment efforts in neighborhoods. certified as a community development housing organization (chdo) by the mississippi development authority, and pending approval as a neighborworks network by neighborworksamerica, ndc is positioned to be a strong catalyst in the provision of affordable housing.”.
- According to the latest filing, the non-profit's address in 2020 is FNB TUPELO BANK, TUPELO, MS, 38804.
- The total number of employees reported by the non-profit on their form for 2020 is 0.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue less expenses is -$60,046.
- The CEO compensation policy within the organization is established through an impartial evaluation and approval.
- The organization has 16 independent voting members.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $325 in fundraising expenses.
- The organization has minutes of its meetings.
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