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Filing year 2024

NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION

New York, New York·EIN 11-2933129·501(c)(3)
Total revenue
$13.3M
Total assets
$44.2M
Total expenses
$12.8M
Reported officers
10
Mission

NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE FOLLOWING CHARITABLE PURPOSES:A. TO CONSTRUCT NEW LOW INCOME HOUSING AND TO DEVELOP, MANAGE, OPERATE, PROMOTE, FUND, AND SUPPORT EXISTING LOW (CONT. ON SCHEDULE O)

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Board Memberr/vp
Officer (Unspecified)
$125k
$135k
Board Member
75th to 90th percentile
$101k
$109k
Bord Member/coo
Officer (Unspecified)
$93k
$101k
Board Member
75th to 90th percentile
$91k
$99k
Secretary
Secretary (Operational)
75th to 90th percentile
$88k
$95k
Board Member
75th to 90th percentile
$85k
$92k
President/board Member
25th percentile to median
$74k
$80k
Vice President
Median to 75th percentile
$61k
$66k
Board Member
Median to 75th percentile
$39k
$42k
Board Member
Median to 75th percentile
$39k
$42k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 24%
from 2023

From $163k in 2023 to $125k in 2024.

$163k
2023
$125k
2024
In today's dollarsEst.
Down 26% in real terms$183k to $135k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 24% from 2023 to 2024, while revenue rose 7%.

$132k in 2023 to $101k in 2024.
  • Secretary (Operational) pay rose 4% from 2023 to 2024.
  • Chief Executive Officer pay fell 55% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12.4M
$11.2M
2023
$13.3M
$12.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION

What does the Board Member of NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Board Member of NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION received $100,815 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles.

What are NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION reported $13.3M in total revenue and $12.8M in total expenses on its IRS Form 990.

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