Nonprofit · EIN 42-1489223
NEIGHBORHOOD DEVELOPMENT CORP
Tax-exempt · DES MOINES, IA 50311
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,361,093 | $757,796 | $603,297 | $7,354,780 | $2,021,026 | $5,333,754 |
| December 31, 2024 | 990 | $2,148,722 | $3,509,639 | -$1,360,917 | $7,172,057 | $2,441,600 | $4,730,457 |
| December 31, 2023 | 990 | $5,325,092 | $2,689,025 | $2,636,067 | $10,862,183 | $5,476,701 | $5,385,482 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,000,000
- of which government grants
- $1,000,000
- Program service revenue
- $368,375
- Investment income
- $18,663
- Net rental income
- -$77,313
- Other revenue
- -$25,945
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $160,145
- Other salaries and wages
- $86,129
- Salaries, compensation and benefits (total)
- $279,580
- Professional fundraising fees
- $0
- Accounting fees
- $49,175
- Depreciation
- $535
- Program services (functional)
- $531,255
- Management and general (functional)
- $226,541
Balance sheet and other
- Total assets, start of year
- $7,172,057
- Total assets, end of year
- $7,354,780
- Total liabilities, end of year
- $2,021,026
- Net assets, end of year
- $5,333,754
- Land, buildings and equipment
- $1,581,758
- Net assets without donor restrictions
- $2,922,971
- Net assets with donor restrictions
- $2,410,783
- Gross receipts
- $1,676,245
- Employees
- 2
- Volunteers
- 9
- Year formed
- 1999
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SADIE TRYTTEN | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $147,128 | $13,017 |
| MEL PINS | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRET VANDELUNE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CARL VOSS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| AARON BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WHITNEY BAETHKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RYAN MORTIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JED GAMMELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE LUDWIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL GRAY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ABBEY GILROY | EXECUTIVE DIRECTOR Officer | 40 | $197,833 | $28,389 |
| SADIE TRYTTEN | DIRECTOR OF REAL ESTATE Highest-paid employee | 40 | $135,917 | $7,805 |
| MEL PINS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRET VANDELUNE | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CARL VOSS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HOLLY OLSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| WHITNEY BAETHKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEPHANIE MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JED GAMMELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE LUDWIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL GRAY | COMMUNITY LEADER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ABBEY GILROY | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $160,849 |
| SADIE TRYTTEN | DIRECTOR OF REAL ESTATE Highest-paid employee | 40 | $129,399 |
| JAKE LUNDGREN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HOLLY OLSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRET VANDELUNE | PAST PRESIDENT Trustee or director | 1 | $0 |
| WHITNEY BAETHKE | DIRECTOR Trustee or director, Officer | 1 | $0 |
| BILL GRAY | COMMUNITY LEADER Trustee or director | 1 | $0 |
| MEL PINS | DIRECTOR Trustee or director | 1 | $0 |
| ANNA SQUIRE | SECRETARY Trustee or director | 1 | $0 |
| MIKE LUDWIG | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CARL VOSS | TREASURER Trustee or director | 1 | $0 |
| STEPHANIE MURPHY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2331 UNIVERSITY AVE STE 202, DES MOINES, IA 50311-4315
- Principal officer (990 for 2025)
- SADIE TRYTTEN, 2331 UNIVERSITY AVE STE 202, DES MOINES, IA 50311
- Signed the 990
- SADIE TRYTTEN, EXECUTIVE DIRECTOR
- Phone
- (515) 244-8600
- Website
- NDCDSM.ORG
- Return prepared by
- DENMAN CPA LLP
Mission
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
Program accomplishments
- 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.Expenses $531,255 · revenue $342,430
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1489223
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $7,354,780
- Income (IRS master file)
- $1,676,245
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,361,093 | $757,796 | $7,354,780 | XML |
| 990 | December 2024 | $2,148,722 | $3,509,639 | $7,172,057 | XML |
| 990 | December 2023 | $5,325,092 | $2,689,025 | $10,862,183 | XML |
| 990 | December 2022 | $1,846,921 | $1,468,865 | $8,334,749 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1489223).
Questions about NEIGHBORHOOD DEVELOPMENT CORP
- What is the EIN of NEIGHBORHOOD DEVELOPMENT CORP?
- The employer identification number (EIN) of NEIGHBORHOOD DEVELOPMENT CORP is 42-1489223.
- Is NEIGHBORHOOD DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to NEIGHBORHOOD DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEIGHBORHOOD DEVELOPMENT CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEIGHBORHOOD DEVELOPMENT CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEIGHBORHOOD DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEIGHBORHOOD DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 names SADIE TRYTTEN.
- Who are the officers and directors of NEIGHBORHOOD DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $147,128 (SADIE TRYTTEN, EXECUTIVE DIRECTOR).
- How much revenue does NEIGHBORHOOD DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,361,093, expenses of $757,796 and total assets of $7,354,780 at year end.
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