Neighborhood Development Corporation Of Akron

Organization Overview

Neighborhood Development Corporation Of Akron is located in Akron, OH. The organization was established in 1971. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Development Corporation Of Akron is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Neighborhood Development Corporation Of Akron generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 39.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW AND MODERATE COST HOUSING AND TO DEMONSTRATE IN SUCH HOUSING AND CONSTRUCTION AND REHABILITATION INNOVATIVE TECHNIQUES MATERIALS AND BUILDING LAYOUT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW AND MODERATE COST HOUSING AND TO DEMONSTRATE IN SUCH HOUSING AND CONSTRUCTION AND REHABILITATION INNOVATIVE TECHNIQUES MATERIALS AND BUILDING LAYOUT


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,564,514
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,553,839

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Neighborhood Development Corporation Of Akron has recieved totaling $15,000.

Awarding OrganizationAmount
Ohio & Erie Canalway Coalition

Akron, OH

PURPOSE: AKRON CIVIC COMMONS

$15,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or