NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION - GROUP RETURN

NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION - GROUP RETURN

Brooklyn, NY, US
501(c)3
EIN
91-1884698
Subordinate Organization

NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION - GROUP RETURN

Brooklyn, NY, US
501(c)3
EIN
91-1884698
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$818,576,438

Property, Plant, & Equipment (net)
39%
Investments
35%
Receivables (Non-Related)
12%
Other Assets
9%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$707,192,583

Tax-Exempt Bond Liabilities
67%
Notes Payable / Debt (Non-Related)
23%
Other Liabilities
5%
Payables & Accruals
3%
Deferred Revenue
1%
Grants Payable
<1%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$50,059,855
$40,334,086
-19%
Receivables (Non-Related)
$117,944,715
$100,975,866
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,030,178
$2,184,339
+8%
Investments
$340,018,215
$286,802,762
-16%
Property, Plant, & Equipment (net)
$335,924,462
$317,261,021
-6%
Other Assets
$64,469,712
$71,018,364
+10%
Total Assets
$910,447,137
$818,576,438
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$21,876,739
$21,410,746
-2%
Grants Payable
$100,000
$100,000
+0%
Deferred Revenue
$26,330,274
$10,434,112
-60%
Tax-Exempt Bond Liabilities
$563,734,860
$473,045,144
-16%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$154,912,505
$165,063,759
+7%
Related-Party Payables
-
-
-
Other Liabilities
$36,969,991
$37,138,822
+0%
Total Liabilities
$803,924,369
$707,192,583
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$106,522,768
$111,383,855
+5%
Net assets
2023
2024
Change
Net assets
+$106,522,768
+$111,383,855
+5%
Balance Sheet
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