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

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$113,153,472

Program Services
67%
Government Grants
21%
Other
12%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$110,899,750

Interest
28%
Other
26%
Depreciation
19%
Offices, Occupancy & IT
16%
Fees to Service Providers
8%
Grants
3%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$97,500
$0
-100%
Government Grants
$11,420,763
$24,294,318
+113%
Fundraising Events
$0
$0
-
Program Services
$81,973,964
$75,802,029
-8%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$8,022,714
$13,057,125
+63%
Total Revenues
$101,514,941
$113,153,472
+11%
Expenses
2023
2024
Change
Grants
$1,309,562
$2,819,771
+115%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$9,197,147
$9,338,278
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$15,581,479
$17,542,873
+13%
Interest
$31,568,395
$30,665,358
-3%
Depreciation
$21,140,009
$21,353,312
+1%
Other
$31,232,201
$29,180,158
-7%
Total Expenses
$110,028,793
$110,899,750
+1%
Net income
2023
2024
Change
Net income
-$8,513,852
+$2,253,722
-126%
Functional Expenses
Summary
2023
2024
Change
Program
$101,769,515
$103,474,516
+2%
Admin
$8,259,278
$7,425,234
-10%
Fundraising
$0
$0
-
Total Expenses
$110,028,793
$110,899,750
+1%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)