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NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC

NEW YORK, NY · EIN 136532871 · Form 990 · FY2024 · NTEE S200 · Community Improvement · Large ($10M-$50M)
revenue
$31.1M
expenses
$34.9M
net assets
$13.6M
employees
115
volunteers
10
program ratio
83%
mission · from form 990

THE MISSION OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT, INC. DBA THE GROW AMERICA (GA), IS TO CREATE ECONOMIC OPPORTUNITY, AFFORDABLE HOUSING AND TO STRENGTHEN COMMUNITIES IN UNDERSERVED AREAS ACROSS THE UNITED STATES.

profile · synthesized from sources

The National Council for Community Development Inc, doing business as The Grow America (GA), creates economic opportunity and affordable housing in underserved areas across the United States. It provides training, technical assistance, and financing to community development organizations, local governments, and nonprofits. Through its affiliate HEDC, it develops public infrastructure and low-income housing, revitalizes distressed neighborhoods, and leverages programs like the New Markets Tax Credit to stimulate investment.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $13.05M
    INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT:GA CONDUCTS TRAINING AND PROVIDES COUNSELING AND TECHNICAL ASSISTANCE TO DISADVANTAGED COMMUNITIES FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT. ANNUALLY, GA TYPICALLY PROVIDES TECHNICAL ASSISTANCE TO 100+ COMMUNITIES AND HAS TRAINED MORE THAN 85,000 COMMUNITY DEVELOPMENT PROFESSIONALS SINCE ITS INCEPTION. STUDENTS ARE DRAWN FROM NONPROFIT COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT FINANCE INSTITUTIONS, FEDERAL, STATE AND LOCAL GOVERNMENT, COMMUNITY FOUNDATIONS AND OTHER ORGANIZATIONS WORKING IN ECONOMIC, HOUSING AND COMMUNITY DEVELOPMENT.(CONT. ON SCHEDULE O)GA SOCIAL INFRASTRUCTURE:GA, THROUGH ITS AFFILIATE NDC HOUSING AND ECONOMIC DEVELOPMENT CORP. (HEDC), ALSO PARTNERS WITH UNITS OF LOCAL GOVERNMENT TO ERECT AND MAINTAIN PUBLIC BUILDINGS, MONUMENTS, AND FACILITIES; AND TO PROMOTE SOCIAL WELFARE. THE UNDERLYING MISSION IS TO "LESSEN THE BURDEN OF GOVERNMENT. PROJECTS INCLUDE PUBLIC BUILDINGS AND CITY HALLS, EDUCATIONAL AND MEDICAL RESEARCH FACILITIES, STUDENT HOUSING, PARKING FACILITIES AND OTHER PUBLIC INFRASTRUCTURE. HEDC WORKS WITH NONPROFIT ORGANIZATIONS, SERVICE PROVIDERS AND UNITS OF LOCAL GOVERNMENT TO STIMULATE ECONOMIC DEVELOPMENT IN THE ECONOMICALLY DEPRESSED NEIGHBORHOODS ACROSS THE NATION. WORKING THROUGH THE NEW MARKETS TAX CREDIT PROGRAM ALONG WITH OTHER FINANCING TOOLS FOR SMALL BUSINESSES AND NONPROFITS, HEDC CREATES EMPLOYMENT AND ENTREPRENEURIAL OPPORTUNITIES FOR DISADVANTAGED GROUPS AND INDIVIDUALS, COMBATS COMMUNITY DETERIORATION, AND ELIMINATES SLUM AND BLIGHT THROUGH NEW INVESTMENT IN LOW-INCOME COMMUNITIES TO REHABILITATE AND REVITALIZE NEIGHBORHOODS.
  2. #2 $5.67M
    TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES:GA CONDUCTS TRAINING AND PROVIDES COUNSELING AND TECHNICAL ASSISTANCE TO DISADVANTAGED COMMUNITIES AND NONPROFIT ORGANIZATIONS IN SUPPORT OF PROVIDING HOUSING FOR LOW-INCOME PERSONS. WORKING WITH THE NATIONAL RURAL HOUSING COALITION, RURAL LISC, CDFI'S, NEIGHBORHOOD HOUSING CORPORATIONS AND VARIOUS STATE AFFORDABLE HOUSING COALITIONS, GA PROVIDES CONTINUING TECHNICAL ASSISTANCE, TRAINING, AND FINANCIAL SUPPORT TO RURAL HOUSING ORGANIZATIONS ACROSS THE NATION.(CONT. ON SCHEDULE O)HEDC IS A NATIONAL LEADER IN LOW-INCOME HOUSING THROUGH BOTH DEVELOPMENT AND INVESTMENT. WORKING IN PARTNERSHIP WITH NONPROFIT ORGANIZATIONS AND SERVICE PROVIDERS AROUND THE NATION, HEDC HAS DEVELOPED, FINANCED, OPERATED, AND/OR MANAGED MORE THAN 14,000 UNITS OF QUALITY, SAFE, ADEQUATE, AND AFFORDABLE LOW-INCOME HOUSING EQUATING TO BILLIONS OF DOLLARS IN INVESTMENT IN LOW-INCOME COMMUNITIES ACROSS THE COUNTRY.
named programs · 3 · from sources

What they call their work

GA Social Infrastructure (via HEDC)
Partners with local governments and nonprofits to develop public buildings, city halls, research facilities, student housing, and parking infrastructure in economically depressed neighborhoods
Grow America Training & Technical Assistance
Provides counseling, training, and technical assistance to community development professionals from nonprofits, government agencies, and financial institutions to support local economic and housing development
Low-Income Housing Development (via HEDC)
Develops, finances, operates, and manages affordable housing units in partnership with rural and urban housing organizations; has developed over 14,000 units nationwide
activities · 3 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Developing and managing affordable housing units
      Directly involved in the development, financing, operation, or management of affordable housing through partnerships with nonprofit organizations, having completed over 14,000 units of low-income housing.
  • Community Capacity Building & Leadership Networks 1 activity
    • Providing technical assistance for community development
      Provides technical assistance and strategic guidance to over 100 communities annually in economic and community development strategies, public facility development, and housing for low-income populations. Since inception, has trained more than 85,000 community development professionals.
  • Professional Training for Real Estate and Building Practitioners 1 activity
    • Training practitioners in affordable housing development
      Delivers targeted training programs for community development practitioners, with over 2,800 individuals trained in housing development for low-income persons and communities.
financials · form 990 · fy2024
revenue
Total revenue$31.07M
Contributions & grants$21.27M68%
Program service revenue$9.73M31%
Investment income$48K0%
Other revenue$22K
expenses
Total expenses$34.89M
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$10.52M
Grants paid out$12.86M
Largest expense lineCompensation
balance sheet
Total assets$32.34M
Cash$6.97M
Investments$726K
Liabilities$18.76M
Net assets$13.58M
Liquid reserves2.6 mo
3 years on record · 2020–2024 · YoY revenue -7.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
DANIEL MARSH III PRESIDENT & CEO 44 $605K
MICHAEL GRIFFIN FUND MANAGER 3 $452K
ADAM ENNIS COO/ASSISTANT SECRETARY 21 $441K
DAVID TREVISANI PRODUCT MANAGER 25 $409K
KEVIN GREMSE REGIONAL MANAGER 47 $375K
STEPHANIE DUGAN PRODUCT MANAGER 10 $342K
RAQUEL FAVELA SENIOR DIRECTOR 47 $333K
DANIEL CHOI CFO 13 $332K
board members · 10
  • GARY PERLOW — BOARD MEMBER
  • JAMIE BLOSSER — BOARD MEMBER
  • JESSICA COSTELLO — BOARD MEMBER/SECRETARY
  • JESSICA ZIMBABWE — BOARD MEMBER
  • NICOLE HUDSON — BOARD MEMBER
  • PATRICK DUGGAN — BOARD MEMBER
  • REGINA MONTOYA — BOARD MEMBER
  • SETH BONGARTZ — CHAIRMAN
  • STUART COMSTOCK-GAY — BOARD MEMBER
  • TOMASITA DURAN — BOARD MEMBER
relationships · 6

Who they work with

  • CDFIs Partner — Community Development Financial Institutions that receive technical assistance and training from GA for housing and economic development.
  • NDC HOUSING AND ECONOMIC DEVELOPMENT CORP. (HEDC) Partner — Affiliate organization that partners with local governments and nonprofits to develop public infrastructure and affordable housing.
  • National Rural Housing Coalition Partner — Collaborates with GA to provide technical assistance, training, and financial support to rural housing organizations.
  • Neighborhood Housing Corporations Partner — Local nonprofit organizations partnering with GA to support affordable housing development.
  • Rural LISC Partner — Partner organization receiving technical assistance and training from GA in support of rural affordable housing.
  • State Affordable Housing Coalitions Partner — State-level coalitions collaborating with GA to support affordable housing initiatives.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Capacity Building Through Technical Assistance
    methodology: capacity_building_assistance
    By providing training, counseling, and technical assistance to disadvantaged communities, we strengthen local leadership and organizational capacity, because sustainable community development must be locally driven and institutionally supported.
  • Economic Revitalization Through Targeted Financing
    methodology: economic_revitalization_through_financing
    By deploying financing tools such as the New Markets Tax Credit Program, we attract investment into low-income communities to create jobs and revitalize neighborhoods, because access to capital is a critical lever for reversing systemic disinvestment.
  • Public Infrastructure Partnership for Community Development
    methodology: public_infrastructure_partnership
    By partnering with local government to co-develop public infrastructure, we reduce systemic burdens in underserved areas and promote equitable development, because shared investment strengthens both community resilience and public capacity.