NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION, founded in 1988, is a mid-sized nonprofit that reported $12.4M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $11.2M left a modest 10% surplus.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $12,386,503 | $13,208,840 | -0.1% |
| Expenses | $11,165,097 | $11,761,090 | -0.1% |
| Net Income | $1,221,406 | $1,447,750 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ADAM ENNIS | BORD MEMBER/COO | 20.00 |
Officer
Director
|
$0 | $87,486 | $385,626 |
| CHARLEY DEPEW | BOARD MEMBER | 1.00 |
Director
|
$0 | $65,048 | $313,001 |
| DANIEL MARSH III | PRESIDENT/BD MEMBER | 2.75 |
Officer
Director
|
$0 | $163,290 | $682,734 |
| DAVID J TREVISANI | BOARD MEMBERR/VP | 6.00 |
Officer
Director
|
$0 | $103,509 | $352,812 |
| GERTRUDE SCRIVEN | BOARD MEMBER | 0.50 |
Director
|
$0 | $131,878 | $405,183 |
| KEVIN GREMSE | BOARD MEMBER | 1.00 |
Director
|
$0 | $104,024 | $373,664 |
| MICHAEL GRIFFIN | BOARD MEMBER | 45.50 |
Director
|
$0 | $89,177 | $443,605 |
| RAQUEL FAVELA | BOARD MEMBER | 1.00 |
Director
|
$0 | $53,205 | $325,199 |
| STEPHANIE DUGAN | BOARD MEMBER | 38.00 |
Director
|
$0 | $89,349 | $336,653 |
| DANIEL CHOI | VICE PRESIDENT | 2.50 |
Officer
|
$0 | $83,166 | $308,511 |
| JENNIFER VERTREES | SECRETARY | 25.50 |
Officer
|
$0 | $84,444 | $195,307 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $12,386,503 | $11,165,097 | $34,085,608 | $1,221,406 |
| 2022 | $13,208,840 | $11,761,090 | $30,272,835 | $1,447,750 |
| 2021 | $10,401,743 | $9,899,953 | $24,571,760 | $501,790 |
| 2020 | $10,793,357 | $10,433,704 | $21,024,766 | $359,653 |
| 2019 | $10,713,943 | $9,822,616 | $18,912,207 | $891,327 |
| 2018 | $8,968,108 | $8,476,467 | $18,599,484 | $491,641 |
Compare NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.