Ndc Support I INC FY2023 filing

Tax-deductible

New York, NY501(c)(3)Community DevelopmentEIN 13-4156877Revenue $312K in FY2023

On file with the IRSndconline.org633 Third Ave 19j, 10017-6706 · New York, NYTax-exempt since Apr 2001Supporting organization — 509(a)(3)

Tell your story. Claim this org

The sole mission of Ndc Support I, INC is to Support the national council (cont. On p. 1 of sch. O) for community development whose mission is to create economic opportunity, affordable housing and to strengthen communities in underserved areas across the united states.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $188K a year · 35% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
77 mo
of spending, in cash
Looks good: 77.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$312K
+25% vs prior year
Spent
$426K
To programs
72%
Net assets
$12.5M
By yearFY2020–FY2024
Revenue
$312K
FY2023▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$219K
FY2021$278K
FY2022$249K
FY2023$312K
FY2024$1.7M
Expenses
$426K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$460K
FY2021$482K
FY2022$300K
FY2023$426K
FY2024$106K
Net assets
$12.5M
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$13.0M
FY2021$13.3M
FY2022$11.8M
FY2023$12.5M
FY2024$13.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $309K Management & general 28% · $118K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member and Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Outgoing Board Member
$0Pt VII · Sec A
See Ndc Support I INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides grants to support community development initiatives that create economic opportunities, build affordable housing, and strengthen underserved communities across the United States.

Questions for Ndc Support I INC

Tap to ask. Ndc Support I INC sees how many people are interested.

Your first name shows with your question. Ndc Support I INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $309K · in their own filed words · FY2023
01

Grants to support directly and indirectly national council for community development, inc. Dba the national development council, a public charity under irc sections 501(c)(3) and 509(a)(2).

$309Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $1.2M · 2020–2023

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$312K
Ln 12
Investment incomeLn 3$220K
Fees for servicesLn 2g$92K
Money outPt IX
$426K
Ln 25
Programscol B$309K
Managementcol C$118K
Owns and owesPt X
$12.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$13.7M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$92K
Investment incomeLn 3$220K
Gains on assetsLn 7$9
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$111K
Cash and savings togetherLn 1–2$2.7M
InvestmentsLn 11–13$8.3M
Other assetsLn 15$78K
Total assetsLn 16$13.7M
LiabilitiesLn 26$1.2M
Net assetsLn 32$12.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$263K$2.7M
InvestmentsLn 11–13$7.2M$8.3M
Total assetsLn 16$12.5M$13.7M
LiabilitiesLn 26$771K$1.2M
Net assetsLn 32$11.8M$12.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$306K$306K
Other salaries and wagesLn 7$35K$2K$32K
Pension plan contributionsLn 8$740$43$697
Other employee benefitsLn 9$8K$449$7K
Payroll taxesLn 10$2K$112$2K
Accounting feesLn 11c$56K$56K
Investment management feesLn 11f$17K$17K
Office expensesLn 13$151$151
TravelLn 17$2K$166$2K
Other expenses (24a–d)Ln 24$750$750
Total functional expensesLn 25$426K$309K$118K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$106K$1.6M$13.4M 990 PDF
FY2023 Viewing $312K$426K−$115K$12.5M 990 PDF
FY2022 $249K$300K−$51K$11.8M 990 PDF
FY2021 $278K$482K−$204K$13.3M 990 PDF
FY2020 $219K$460K−$240K$13.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $311,914 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $89,219$91,863
I-10 Investment incomePrior year $159,443$220,051
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $248,662$311,914
I-13 Grants and similar amounts paidPrior year $186,269$305,768
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $44,008$45,031
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $69,570$75,664
I-18 Total expensesPrior year $299,847$426,463
I-19 Revenue less expensesPrior year −$51,185−$114,549
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $311,914 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $91,863$91,863
VIII-3 Investment incomeExcluded from tax $220,042$220,042
VIII-7 Net gain or loss on sales of assetsExcluded from tax $9$9
VIII-12 Total revenueRelated to mission $91,863 · Unrelated business $0 · Excluded from tax $220,051$311,914
Part IX · Statement of functional expenses $426,463 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $305,768$305,768
IX-7 Other salaries and wagesPrograms $2,064 · Management $32,493$34,557
IX-8 Pension plan contributionsPrograms $43 · Management $697$740
IX-9 Other employee benefitsPrograms $449 · Management $7,343$7,792
IX-10 Payroll taxesPrograms $112 · Management $1,830$1,942
IX-11c Accounting feesManagement $55,930$55,930
IX-11f Investment management feesManagement $16,580$16,580
IX-13 Office expensesManagement $151$151
IX-17 TravelPrograms $166 · Management $2,087$2,253
IX-24 Other expenses (24a–d)Management $750$750
IX-25 Total functional expensesPrograms $308,602 · Management $117,861 · Fundraising $0$426,463
Part X · Balance sheet $13,721,864 assets, 11 lines filed
Asset lines not itemized here account for $2,631,470; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $155,622$2,638,287
X-2 Savings and temporary cash investmentsStart of year $107,777$110,880
X-11 Publicly traded securitiesStart of year $7,171,725$8,263,041
X-15 Other assetsStart of year $103,562$78,186
X-16 Total assetsStart of year $12,538,686$13,721,864
X-17 Accounts payable and accrued expensesStart of year $231,476$386,497
X-18 Grants payableStart of year $539,358$795,126
X-26 Total liabilitiesStart of year $770,834$1,181,623
X-27 Net assets without donor restrictionsStart of year $11,767,852$12,540,241
X-32 Total net assets or fund balancesStart of year $11,767,852$12,540,241
X-33 Total liabilities and net assetsStart of year $12,538,686$13,721,864
Part XI · Reconciliation of net assets $12,540,241 net assets at year end
XI-1 Total revenue$311,914
XI-2 Total expenses$426,463
XI-3 Revenue less expenses−$114,549
XI-4 Net assets at start of year$11,767,852
XI-5 Net unrealized gains (losses) on investments$886,938
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,540,241

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.