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        <FundraisingAmt>806</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>W. JACKSON REVITALIZATION</Desc>
        <TotalAmt>6221</TotalAmt>
        <ProgramServicesAmt>4666</ProgramServicesAmt>
        <FundraisingAmt>1555</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>FEES</Desc>
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        <Desc>DUES AND SUBSCRIPTIONS</Desc>
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        <ProgramServicesAmt>45</ProgramServicesAmt>
        <ManagementAndGeneralAmt>136</ManagementAndGeneralAmt>
        <FundraisingAmt>45</FundraisingAmt>
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        <EOYAmt>121858</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>14400</LandBldgEquipCostOrOtherBssAmt>
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        <EOYAmt>14400</EOYAmt>
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        <BOYAmt>513162</BOYAmt>
        <EOYAmt>802544</EOYAmt>
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      <TotalAssetsGrp>
        <BOYAmt>1034646</BOYAmt>
        <EOYAmt>968755</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>1034646</BOYAmt>
        <EOYAmt>968755</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-65891</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
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      <PublicOrganization170Ind>X</PublicOrganization170Ind>
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        <CurrentTaxYearMinus4YearsAmt>40970</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>17058</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>16000</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>20000</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>16000</CurrentTaxYearAmt>
        <TotalAmt>110028</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>40970</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>17058</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>16000</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>20000</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>16000</CurrentTaxYearAmt>
        <TotalAmt>110028</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>110028</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>549</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>46</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>76</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>114</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>221</CurrentTaxYearAmt>
        <TotalAmt>1006</TotalAmt>
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      <TotalSupportAmt>111034</TotalSupportAmt>
      <PublicSupportCY170Pct>0.99090</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.97030</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
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    <IRS990ScheduleD documentId="RetDoc2">
      <LandGrp>
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        <BookValueAmt>14400</BookValueAmt>
      </LandGrp>
      <TotalBookValueLandBuildingsAmt>14400</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>NEIGHBORHOOD REVITALIZATION IN PROG.</Desc>
        <BookValueAmt>802544</BookValueAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>NEIGHBORHOOD DEVELOPMENT CORPORATION (NDC) IS A NON-PROFIT, TAX EXEMPT, HOUSING ORGANIZATION CREATED TO PROMOTE THE REDEVELOPMENT OF DETERIORATING NEIGHBORHOODS IN TUPELO AND THROUGHOUT LEE COUNTY, FOCUSING ON EDUCATION, ASSISTANCE, AND REVITALIZATION. NDCS NUMEROUS PROGRAMS AND SERVICES ARE CHANGING LIVES AND NEIGHBORHOODS, DEVELOPING RESIDENTIAL LEADERSHIP, INCREASING HOME OWNERSHIP FOR LOW AND MODERATE INCOME FAMILIES, AND BUILDING COMMUNITY. GOVERNED BY A LOCAL BOARD OF DIRECTORS, NDC IS PARTNERING WITH LOCAL, STATE, AND NATIONAL AGENCIES AND ORGANIZATIONS, AS WELL AS PRIVATE DEVELOPERS, TO PROMOTE REDEVELOPMENT EFFORTS IN NEIGHBORHOODS. CERTIFIED AS A COMMUNITY DEVELOPMENT HOUSING ORGANIZATION (CHDO) BY THE MISSISSIPPI DEVELOPMENT AUTHORITY, AND PENDING APPROVAL AS A NEIGHBORWORKS NETWORK BY NEIGHBORWORKSAMERICA, NDC IS POSITIONED TO BE A STRONG CATALYST IN THE PROVISION OF AFFORDABLE HOUSING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>NO REVIEW WAS OR WILL BE CONDUCTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH OFFICER AND DIRECTOR HAS TO SIGN A WRITTEN ACKNOWLEDGMENT OF THE POLICY AND THEIR AGREEMENT TO ABIDE BY IT</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>NOT APPLICABLE - THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID BY THE CITY OF TUPELO BY CONTRIBUTIONS PASSING THROUGH THE ORGANIZATION. THE CITY IS INDEPENDENT FROM THE ORGANIZATION'S BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>NO DOCUMENTS AVAILABLE TO THE PUBLIC</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
