NEIGHBORHOOD DEVELOPMENT CENTER INC
663 UNIVERSITY AVENUE NO 200, SAINT PAUL, MN 55104 www.ndc-mn.org

Total Revenue
$5,269,327
Total Expenses
$4,714,328
Net Assets
$6,956,828

Organizations Filed Purposes: NDC'S MISSION STATEMENT IS TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN.

REAL ESTATE DEVELOPMENT INITIATIVE PROGRAM - ENCOURAGE REVITALIZATION, PROPERTY OWNERSHIP, AND BUSINESS OWNERSHIP IN PRIORITY NEIGHBORHOOD BY ENTREPRENEURS WITHIN SPECIFIC NEIGHBORHOODS.

LENDING AND FINANCING PROGRAM - PROVIDE FUNDS TO START-UP AND EXISTING BUSINESSES. NDC HAS $10 MILLION DOLLAR REVOLVING LOAN FUND. LOANS ARE PROVIDED TO BUSINESSES THAT MEET CERTAIN GEOGRAPHICAL, AND INCOME REQUIREMENTS. A PORTION OF AVAILABLE FUND IS USED FOR ISLAMICALLY ACCEPTABLE FINANCING. NDC APPROVED 30 LOANS 14 SMALL BUSINESS LOANS ($50,000 OR LARGER) AND 16 MICROLOANS (LESS THAN $50,000), TOTALING $1,889,005 IN PRIORITY NEIGHBORHOODS.

TECHNICAL ASSISTANCE PROGRAM - SUPPORT THE GROWTH OF NEW AND EXISTING BUSINESSES IN THE COMMUNITY. NDC PROVIDED 4,466 HOURS OF TECHNICAL ASSISTANCE TO 332 BUSINESSES IN HIGH-NEED TARGET NEIGHBORHOODS

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mihailo TemaliPRESIDENT & CEO40$133,525
Liz DezielBOARD MEMBER1$0
Darin ZielsdorfBOARD MEMBER1$0
Noya WoodrichBOARD MEMBER1$0
Gebi TufaaBOARD MEMBER1$0
Patti TototzintleCHAIR1$0
Juliana TanningTREASURER1$0
Sandra SponemBOARD MEMBER1$0
William SandsBOARD MEMBER1$0
Dennis PrchalSECRETARY1$0
Marcus OwensBOARD MEMBER1$0
Leigh-Erin IronsBOARD MEMBER1$0
Jim GravesBOARD MEMBER1$0
Mike GozeBOARD MEMBER1$0
Margo GeffenBOARD MEMBER1$0
Terri FlemingVICE CHAIR1$0
Lachelle CunninghamVICE CHAIR1$0
Asad AliweydBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033189349303998_public.xml