2026-06-23T14:17:48-05:00 2025-12-31 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2025-01-01 421489223 NEIGHBORHOOD DEVELOPMENT CORPORATION NEIG 5152448600 2331 UNIVERSITY AVE STE 202 DES MOINES IA 50311 SADIE TRYTTEN EXECUTIVE DIRECTOR 5152448600 2026-06-23 1 JEFFEREY ROY P01951847 5152258400 2025 2025-03-06 01:10:19Z SADIE TRYTTEN 2331 UNIVERSITY AVE STE 202 DES MOINES IA 50311 1676245 0 X NDCDSM.ORG X 1999 IA NDC WILL SUSTAINABLY ENHANCE NEIGHBORHOODS BY SERVING AS A CATALYST FOR REDEVELOPMENT EFFORTS THAT FOCUS ON CREATING A MIX OF HOUSING AND COMMERCIAL DEVELOPMENT THROUGH COMMUNITY COLLABORATION. 9 9 2 9 0 0 2010000 1000000 228553 368375 46590 18663 -136421 -25945 2148722 1361093 0 0 0 0 454245 279580 0 0 0 3055394 478216 3509639 757796 -1360917 603297 7172057 7354780 2441600 2021026 4730457 5333754 X 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 0 0 531255 342430 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. 531255 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 9 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RYAN ROOF 5153625672 2721 SW 30TH ST DES MOINES IA 50321 MEL PINS PAST PRESIDENT 1.00 X X 0 0 0 BRET VANDELUNE PRESIDENT 1.00 X X 0 0 0 CARL VOSS VICE PRESIDENT 1.00 X X 0 0 0 AARON BROWN DIRECTOR 1.00 X 0 0 0 WHITNEY BAETHKE SECRETARY 1.00 X X 0 0 0 RYAN MORTIER DIRECTOR 1.00 X 0 0 0 JED GAMMELL DIRECTOR 1.00 X 0 0 0 MIKE LUDWIG DIRECTOR 1.00 X 0 0 0 BILL GRAY TREASURER 1.00 X X 0 0 0 SADIE TRYTTEN EXECUTIVE DIRECTOR 40.00 X 147128 0 13017 147128 0 13017 1 0 1 0 ABBEY GILROY 505 MARKET ST STE 100 WEST DES MOINES IA 50266 STRATEGIC PLANNING CONSULTATIONS 123200 1 1000000 1000000 DEVELOPMENT AND CONSUL 531390 368375 368375 368375 18663 18663 237839 315152 -77313 -77313 -77313 MISCELLANEOUS INCOME 900099 51368 51368 51368 1361093 342430 0 18663 X 160145 96088 64057 86129 51677 34452 2749 1649 1100 12186 7312 4874 18371 11023 7348 49175 49175 129530 129530 2929 2929 23964 536 23428 535 535 32433 4604 27829 GAP FINANCING ON DEVELO 201400 201400 CREDIT LOSSES 24301 24301 OTHER 11784 435 11349 FINDER'S FEE 1100 1100 1065 1065 757796 531255 226541 0 1401009 1111930 263244 531908 215406 825 266000 255000 21131 56317 1948657 366899 2072179 1581758 600000 1410000 4038 3188 2329050 2403854 7172057 7354780 176824 130776 2248761 1877915 16015 12335 2441600 2021026 X 1911148 2922971 2819309 2410783 4730457 5333754 7172057 7354780 603297 0 X 0 1 X 1 0 X 2045217 1306468 5406041 2010000 1000000 11767726 2045217 1306468 5406041 2010000 1000000 11767726 11767726 46590 18663 65253 382265 540453 16740 939458 12772437 1183406 0.92130 0.95970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102727 102727 1657965 232174 1425791 88990 35750 53240 98975 98975 0 1581758 PARK INDY, LLC 660000 C UA STATION, LLC 750000 C 1410000 REDEVELOPMENT PROPERTIES 2403854 2403854 TENANT RENT DEPOSITS 12335 12335 X 1676245 315152 315152 1361093 0 1361093 1072948 315152 315152 757796 0 757796 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 315,152. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 315,152. 0 0 0 0 0 0 0 0 0 SADIE TRYTTEN EXECUTIVE DIRECTOR 114636 0 32492 0 0 0 4446 0 8571 0 160145 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE 990 PRIOR TO FILING WITH THE IRS DURING ITS QUARTERLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THESE ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 129,530. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 129,530. 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