2023-09-05T16:27:44-05:00 2022-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2022-01-01 843652762 NDC ENTREPRENEUR TRAINING CENTER NDCE 6512912480 625 UNIVERSITY AVENUE ST PAUL MN 55104 MIHAILO TEMALI PRESIDENT OF THE BOARD 6512912480 2023-08-25 1 MIHAILO TEMALI 999009999 0 DEANNA SOMVONG P03035760 6512276695 2023-08-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MIHAILO TEMALI 625 UNIVERSITY AVENUE ST PAUL MN 55104 2423775 0 X WWW.NDC-MN.ORG X 2019 MN ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE PURPOSES OF THE NEIGHBORHOOD DEVELOPMENT CENTER BY PROVIDING FINANCIAL AND ADMINISTRATIVE SUPPORT, THROUGH OWNERSHIP, DEVELOPMENT AND OPERATION OF A TRAINING CENTER AND BUSINESS INCUBATOR TO BE USED BY THE CLIENTS OF NEIGHBORHOOD DEVELOPMENT CENTER. 3 0 0 10 0 0 1022415 1933532 0 490243 17549 0 0 0 1039964 2423775 0 0 0 0 0 0 0 0 0 99644 842279 99644 842279 940320 1581496 11913904 10668874 11646859 8820333 267045 1848541 X ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE PURPOSES OF THE NEIGHBORHOOD DEVELOPMENT CENTER BY PROVIDING FINANCIAL AND ADMINISTRATIVE SUPPORT, THROUGH OWNERSHIP, DEVELOPMENT AND OPERATION OF A TRAINING CENTER AND BUSINESS INCUBATOR TO BE USED BY THE CLIENTS OF NEIGHBORHOOD DEVELOPMENT CENTER. 0 0 842279 490243 WORKFORCE TRAINING CENTER - DURING 2020, A WORKFORCE TRAINING CENTER WAS CONSTRUCTED IN SAINT PAUL, MN WHICH IS NOW BEING USED BY NEIGHBORHOOD DEVELOPMENT CENTER'S CLIENTS TO PROVIDE INTEGRATED BUSINESS SERVICES FOR LOCAL ENTREPRENEURS IN LOW-INCOME NEIGHBORHOODS. 842279 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X TAMMIE NASSEFF 6512912480 625 UNIVERSITY AVENUE SAINT PAUL MN 55104 MIHAILO TEMALI PRESIDENT 1.00 X X 0 195797 26266 BEN JOHNSON SECRETARY/TREASURER 1.00 X X 0 110117 27014 RENAY DOSSMAN VICE PRESIDENT 1.00 X X 0 215052 29916 0 520966 83196 0 0 1 0 0 378963 104569 1450000 1933532 RENTAL INCOME 531120 490243 490243 490243 2423775 490243 0 0 134190 134190 453461 453461 OPERATING EXPENSES 232326 232326 PROPERTY TAX EXPENSE 22302 22302 842279 842279 0 0 231791 1667726 778 545519 283956 10646134 512230 9700659 10133904 0 18445 11913904 10668874 1567424 185937 10079435 8634396 11646859 8820333 X 267045 1848541 267045 1848541 11913904 10668874 1581496 0 X X 0 1 X 1 1 1 X X X 1 NEIGHBORHOOD DEVELOPMENT CENTER 411738791 7 1 378963 0 1 378963 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222900 222900 8452044 324138 8127906 1126187 93413 1032774 820003 94679 725324 25000 25000 10133904 X PART X, LINE 2: NDC ETC IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE; AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES NDC ETC DID NOT HAVE ANY UNCERTAIN TAX POSITIONS OR UNRELATED BUSINESS INCOME AND IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. 0 0 0 0 0 0 0 0 0 RENAY DOSSMAN VICE PRESIDENT 0 215052 0 0 0 0 0 0 0 29916 0 244968 0 0 MIHAILO TEMALI PRESIDENT 0 195797 0 0 0 0 0 0 0 26266 0 222063 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS A COPY OF THE DRAFT 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. NEIGHBORHOOD DEVELOPMENT CENTER 625 UNIVERSITY AVENUE SAINT PAUL MN 55104 411738791 OPERATE COMMERCIAL RENTAL REAL ESTATE MN 501(C)(3) LINE 7 NEIGHBORHOOD DEVELOPMENT CENTER 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NEIGHBORHOOD DEVELOPMENT CENTER C 78963 CASH RECEIVED NEIGHBORHOOD DEVELOPMENT CENTER C 300000 CASH RECEIVED