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Iowa · Nonprofit

NEIGHBORHOOD DEVELOPMENT CORPORATION

NEIGHBORHOOD DEVELOPMENT CORPORATION (Iowa) receives grants from 1 organization whose IRS filings report $488,764 to it, the largest being INVEST DSM ($488,764). 1 of them have funded it in more than one year.

Revenue FY2025
$1.4M
Funders on record
1
Grants received
$489k
Net assets
$5.3M
1/1 repeat funderspeak grant-dependency 13%
01What it does

What Neighborhood Development Corporation does

Mission

To enhance neighborhoods and combat community deterioration through redevelopment efforts specifically designed to create housing, small business, and job creation opportunities for residents of polk county, iowa

As stated on its FY2025 Form 990.

Program

  1. Ndc sustainably enhances neighborhoods by serving as a catalyst for redevelopment efforts that focus on creating a mix of housing and commercial development through community collaboration. Neighborhood Development Corporation focuses on three essential core values when deciding on the direction we will take moving forward with any project: collaboration, revitalization and catalyzation. It is imperative we follow these core values because without them we cannot fulfill our true potential as an organization and achieve what we call, the ndc effect. Developing property with our methodology ignites the prosperity and value communities need to grow into the future. We leverage our experience, professionalism and key partnerships with government, general contractors and city planners in the industry to provide innovative solutions to underserved communities.

    $531,255 spent$342,430 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $531,255.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($1.6M) Net assets 100 ($1.2M)2018 Revenue 146 ($2.8M) Expenses 109 ($1.7M) Net assets 187 ($2.2M)2019 Revenue -21 ($-391988) Expenses 70 ($1.1M) Net assets 60 ($711k)2021 Revenue 132 ($2.5M) Expenses 85 ($1.3M) Net assets 169 ($2.0M)2022 Revenue 98 ($1.8M) Expenses 93 ($1.5M) Net assets 201 ($2.4M)2023 Revenue 282 ($5.3M) Expenses 170 ($2.7M) Net assets 455 ($5.4M)2024 Revenue 114 ($2.1M) Expenses 222 ($3.5M) Net assets 400 ($4.7M)2025 Revenue 72 ($1.4M) Expenses 48 ($758k) Net assets 451 ($5.3M)
'17'18'19'21'22'23'24'25
Revenue (72)Expenses (48)Net assets (451)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $15M to $6.2M (−58%).

$15M
$6.2M
$4.3M
$6.8M
$8.3M
$11M
$7.2M
$7.4M
'17'18'19'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 56% · 2018 38% · 2021 79% · 2022 71% · 2023 102% · 2024 94% · 2025 73%. Grants only. Government contracts and fees sit inside program revenue.

73% of NEIGHBORHOOD DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$310k
’17
$1.0M
’18
−$1.5M
’19
$1.2M
’21
$378k
’22
$2.6M
’23
−$1.4M
’24
$603k
’25
26
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sadie Trytten

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'21'22'23'24'25
Listed1512121212121110
Joined·+6+0·+0+4+1+2
No longer listed·90·0423
03Who funds it

Who funds it, year by year

2021 → 2022: the base held at 1 funder, grant income fell $257k → $232k.

Funder
'21
'22
total
Invest Dsmunclassified
$489k
funders
1
1

From the IRS filings of NEIGHBORHOOD DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of NEIGHBORHOOD DEVELOPMENT CORPORATION's grant income comes from Iowa funders.

IA

In-state vs out-of-state, by year

’21
’22
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEIGHBORHOOD DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,196 housing & shelter nonprofits its size.

Operating margin44% · top quartile
Months of reserve26.0mo · top quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like NEIGHBORHOOD DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 30%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 7 related entities

  • Cold Storage Rehab LLC · disregarded
  • Fw Rehab LLC · disregarded
  • Hull Avenue Revitalization LLC · disregarded
  • Sw 9th LLC · disregarded
  • Varsity Cinema LLC (Tic Interest) · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for NEIGHBORHOOD DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEIGHBORHOOD DEVELOPMENT CORPORATION?
NEIGHBORHOOD DEVELOPMENT CORPORATION (Iowa) receives grants from 1 organization whose IRS filings report $488,764 to it, the largest being INVEST DSM ($488,764). 1 of them have funded it in more than one year.
How many funders does NEIGHBORHOOD DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $488,764 in grants to NEIGHBORHOOD DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of NEIGHBORHOOD DEVELOPMENT CORPORATION?
INVEST DSM is the largest funder on record, with $488,764 in grants. The full list of funders is on this page.
How can an organization like NEIGHBORHOOD DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing