Ndc Housing And Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 91,347,372 | 102,571,797 | −11,224,425 | -5.5 | 0% |
| 2011 | 111,544,735 | 109,433,573 | 2,111,162 | -5.1 | 0% |
| 2012 | 139,227,606 | 123,443,345 | 15,784,261 | -2.2 | 0% |
| 2013 | 167,833,366 | 132,396,387 | 35,436,979 | 1.2 | 0% |
| 2014 | 81,470,631 | 102,759,753 | −21,289,122 | 0.6 | 0% |
| 2015 | 75,150,583 | 99,765,709 | −24,615,126 | 4.1 | 1% |
| 2016 | 97,463,969 | 97,518,385 | −54,416 | 5.9 | 0% |
| 2017 | 91,751,944 | 91,122,002 | 629,942 | 6.8 | 0% |
| 2018 | 115,894,266 | 89,122,696 | 26,771,570 | 10.7 | 0% |
| 2019 | 89,841,904 | 93,857,053 | −4,015,149 | 9.4 | 0% |
| 2020 | 193,664,154 | 194,926,982 | −1,262,828 | 4.5 | 0% |
| 2021 | 129,829,382 | 104,120,358 | 25,709,024 | 11.5 | 0% |
| 2022 | 115,628,960 | 100,738,505 | 14,890,455 | 13.7 | 0% |
| 2023 | 101,514,941 | 110,028,793 | −8,513,852 | 11.6 | 0% |
In its most recent public year (2023), this organization spent $8,513,852 more than it brought in. Its reserves stood at about 11.6 months of spending, up from -5.5 in 2010. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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