Organizations Filed Purposes:
NEDA IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION WHOSE MISSION IS TO STRENGTHEN THE VITALITY OF LOW-INCOME NEIGHBORHOODS WITHIN THE CITY OF ST. PAUL, BY CREATING AND PRESERVING HOUSING AND BUSINESS OPPORTUNITIES FOR RESIDENTS OF ALL INCOME LEVELS. NEDA HAS EXPANDED THAT MISSION TO SERVE THE 7-COUNTY METRO AREA - WITH A FOCUS IN MINNEAPOLIS AND ST. PAUL - IN REGARDS TO ITS HOMEOWNERSHIP COUNSELING AND FINANCIAL LITERACY PROGRAMS.
NEDA IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION WHOSE MISSION IS TO BUILD AFFORDABLE HOUSING AND EMPOWER COMMUNITIES TO CREATE SUSTAINABLITY THROUGH FINANCIAL EDUCATION AND GUIDANCE.
NEDA IS A BI-LINGUAL (SPANISH/ENGLISH) HUD-CERTIFIED COUNSELING AGENCY PROVIDING BI-LINGUAL PRE-PURCHASE, POST-PURCHASE, AND FORECLOSURE PREVENTION COUNSELING. NEDA OFFERS BI-LINGUAL CREDIT COUNSELING AND FINANCIAL LITERACY COACHING AND WORKSHOPS. THROUGH NEDA CENTRO DE FINANZAS, NEDA ORIGINATES CREDIT BUILDER LOAN. COMMUNITY DEVELOPMENT: NEDA PROVIDES COMMERCIAL BUILDING REHAB LOANS ON ST. PAUL'S WEST SIDE. REAL ESTATE DEVELOPMENT: BUILDS NEW AND REHABS MULTI-FAMILY AND SINGLE FAMILY HOUSING FOR LOW-INCOME RENTERS AND LOW-INCOME HOMEOWNERS. THROUGH NEDA CENTRO DE FINANZAS, LLC, NEDA ORIGINATES HOME REHAB LOANS AND ADVISES ON SUBSEQUENT REHAB CONSTRUCTION FOR ENERGY EFFICIENT UPGRADES AND CODE COMPLIANCE. NEDA CENTRO DE FINANZAS, LLC IS A WHOLLY OWNED SUBSIDIARY OF NEDA AND A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION.
REAL ESTATE OPERATIONS: THE REAL ESTATE OPERATIONS REPRESENT THOSE ACTIVITIES OF WABASHA CENTER AND THE TERRACES, LLC. WABASHA CENTER HOUSES NEDA'S OFFICES AND A CHILD CARE CENTER. REDA LLC OWNS FUNCTIONAL PUBLIC ART: BENCHES, TRASH CONTAINERS, AND A BUS STOP WITHIN DISTRICT DEL SOL. THE TERRACE, LLC OWNS MCLEAN (24 UNITS) AND WABASHA TERRACE (11 UNITS) APARTMENTS LOCATED IN ST. PAUL, MINNESOTA. REDA LLC AND THE TERRACES, LLC ARE WHOLLY OWNED SUBSIDIARIES OF NEDA.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Karen A Reid | EXECUTIVE DIRECTOR | 40 | $63,332 |
| Roger Hamilton | BOARD MEMBER | 1 | $0 |
| Sara Udvig | BOARD MEMBER | 1 | $0 |
| Ava Langston Kenney | BOARD MEMBER | 1 | $0 |
| Hokan Miller | TREASURER | 1 | $0 |
| Heidi Welch | VICE PRESIDENT | 1 | $0 |
| Rene Lopez | SECRETARY | 1 | $0 |
| Joannette Cintron | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202140219349300349_public.xml