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Ndc Housing & Economic Development Corporation - Group Return

Ndc housing and economic development corporation was organized for the following charitable purposes:a.

$2.8M
Granted FY2024still arriving
5
Grants FY2024still arriving
3
States reached
$1.5M
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Human Services$45MPublic Safety & Disaster$23MHealth$13MHousing & Shelter$8.1MFood & Nutrition$7.2MRecreation & Sports$5.7MCommunity Improvement$4.4MArts & Culture$2.3MOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k2 grants · $47k
  • $50k–250k1 grant · $64k
  • $250k+2 grants · $2.7M
$64,276
Median grant
3
States reached
$819M
Total assets
Largest grants
RecipientAmount
SEATTLE BCOF LLC$1,458,010
NDC HOUSING AND ECONOMIC DEVELOPMENT CORP$1,250,000
NDC COMMUNITY IMPACT LOAN FUND$64,276
THE COMMUNITY ECONOMIC DEVELOPMENT FUND I LLC$27,485
KINGS THEATRE MASTER TENANT LLC$20,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–20, $38k) land where the poverty rate runs at 9%, against an area that typically sits at 11%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 11%HOLDEN VILLAGE: $13k → 9%THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF COLUMBIA: $13k → 9%VASA HOME ASSOCIATION OF WASHINGTON: $13k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

25%of every dollar goes to organizations it has funded before.
$9.5M · 4 repeat orgs$28M to everyone else

4 repeat relationships: 4 still active in FY2024, 0 since wound down; 1 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

4
1995

Total granted

$9.5M
$26M

Median revenue growth · since first grant

+44%
+71%

Still filing today

25%
2%

New vs renewed · share of each year

In FY2024, 48% of grant dollars renewed an existing relationship; $1.5M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
Recreation & SportsArts & CultureYouth DevelopmentCommunity ImprovementReligionHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • NH
    NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION
    8× · 2017–2024 · $9.0M · revenue +44%
  • NH
    NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION
    4× · 2021–2024 · $368k
  • TC
    THE COMMUNITY ECONOMIC DEVELOPMENT FUND I LLC
    2× · 2023–2024 · $80k

Funded once

  • 2S
    2816 S MCCLELLAN STREET LLC
    one grant, 2023 · $783k
  • BO
    BHE OF WEST SEATTLE LLC
    one grant, 2020 · $163k
  • FM
    FOGON MAC INC
    one grant, 2020 · $100k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Snoqualmie Valley Youth Activities and Community Center Association

To offer outdoor-oriented youth organizations a secure, affordable space to meet, allowing their programs to thrive and grow in the local community.

—
2
Stevens Pass Alpine Club

The Organization is a competitive alpine sports club, fostering the development of alpine athletes of every age, with each athlete representing the highest level of sportsmanship, teamwork, leadership, and personal responsibility.

Recreation & Sports
3
Northwest United Fc

Northwest United is a premier youth soccer club serving Skagit County and surrounding areas. As one of the top clubs in the Pacific Northwest, we have grown to 41 teams across boys and girls' divisions, offering year-round development for…

Recreation & Sports
4
Southwest Washington Center for the Arts
Philanthropy
5
Renton Rowing Center

The Renton Rowing Center is a Rowing based recreational sport center. It is an inclusive and diverse community that encourages people of all ages, abilities and backgrounds to discover community on and off the water.

Recreation & Sports
6
Lake Washington Youth Soccer Association

To provide opportunities for all youths under the age of 19 develop character and play affiliated soccer at a level commensurate with their ability and interest.

Recreation & Sports
7
Issaquah Fc

Issaquah FC is focused on providing a fun and safe soccer environment for boys and girls, ages 5 through 18, to play the game and develop soccer skills. Issaquah FC operates in the geographic footprint of the Issaquah School District, and…

Recreation & Sports
8
Evergreen Curling Club

To be a self sustaining club, inclusive of all people and skill levels that promotes curling development in an enjoyable environment.

Recreation & Sports
9
Olympia Area Rowing Association

The purpose of the Olympia Area Rowing Association is to promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a…

Recreation & Sports
10
Everett Rowing Association

The Everett Rowing Association offers the premier rowing experience for adults and youth in the greater Everett area. The association combines recreation, social, and competitive opportunities that lead to building health, life skills, and…

—
11
Yakima Amateur Hockey Association

YAHA offers all ages and all skill levels the opportunity to skate twice per week.

Recreation & Sports
12
Snovalley Cultural and Sports Club

Our Mission is to promote health, engage in cultural activities, and encourage recreational activities for adults and children

Recreation & Sports
How this is measured
The grantee most central to the portfolio’s shape is Ymca of the Greater Tri-Cities; the most unlike its peers is Richland Youth Football Association. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

52 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 52 of the 2,000 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

2
Load-bearing (≥25% of a budget)
27
Early backer (in before they grew)
48/52
Grantees still filing
44/52
Grew since first funded

Where the money sits, by cause and then by grantee

NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION: $9,035,000 · OtherNDC HOUSING & ECONOMIC DEVELOPMENT CORPORATIONSEATTLE BCOF LLC: $1,458,010 · OtherSEATTLE BCOF LLC2816 S MCCLELLAN STREET LLC: $783,030 · Other+195 more: $3,520,076 · Other+195 moreASCENDUS INC: $56,017 · Community ImprovementMethow Valley Community Center: $12,500 · Recreation & Sports
Other$14,796,116Community Improvement$56,017Recreation & Sports$12,500

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetNDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION: $9,035,000 over 8y, 24% of budgetASCENDUS INC: $56,017 over 1y, 0.5% of budgetVETERANS OF FOREIGN WARS - NO 2224: $25,000 over 1y, 18% of budgetMethow Valley Community Center: $12,500 over 1y, 7.8% of budgetCENTER FOR MINISTRY DEVELOPMENT INC: $12,500 over 1y, 3.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION ↗
  • Who funds ASCENDUS INC ↗
  • Who funds VETERANS OF FOREIGN WARS - NO 2224 ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Greater Vancouver Chamber of CommerceWA32.1× affinity66 shared granteesties to 2 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Greater Vancouver Chamber of Commerce · Columbia River Economic Development Council · Oneredmond · Innovia Foundation · Economic Alliance Snohomish County · Thurston County Economic Development Cou · Fourth Plain Forward · Alliance 2005 · Workforce Development Council Snohomish County · Economic Development Council of Mason County · Greater Seattle Chamber of Commerce · Thurston Economic Development Council Center for Business Innovation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Ndc Housing & Economic Development Corporation - Group Return funds: left to right is the share of its income from government, bottom to top the share from Ndc Housing & Economic Development Corporation - Group Return. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%2%8%17%30%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–25%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 2000 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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