2025-08-21T15:41:03-05:00 2024-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2024-01-01 411738791 NEIGHBORHOOD DEVELOPMENT CENTER INC NEIG 6512912480 625 UNIVERSITY AVENUE W SAINT PAUL MN 55104 RENAY DOSSMAN PRESIDENT AND CEO 6512912480 2025-08-19 1 1 DEANNA SOMVONG P03035760 6512276695 2025-08-19 2024 2025-03-06 01:10:19Z RENAY DOSSMAN 625 UNIVERSITY AVENUE W SAINT PAUL MN 55104 14454977 0 X WWW.NDC-MN.ORG X 1993 MN TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN. 12 12 61 40 0 0 8691148 12134358 1047586 1405818 218361 436965 206136 220878 10163231 14198019 623718 2892786 0 0 3525597 5086261 0 0 207476 3420248 4020511 7569563 11999558 2593668 2198461 42614419 43224139 23648602 22553751 18965817 20670388 X TO EMPOWER ENTREPRENEURS AND COMMUNITY PARTNERS TO TRANSFORM LOW-INCOME NEIGHBORHOOD ECONOMIES FROM WITHIN. 0 0 1778732 392386 660723 REAL ESTATE DEVELOPMENT INITIATIVE PROGRAM - ENCOURAGES NEIGHBORHOOD REVITALIZATION, PROPERTY OWNERSHIP, AND BUSINESS OWNERSHIP BY ENTREPRENEURS WITHIN SPECIFIC PRIORITY LOW-INCOME NEIGHBORHOODS. IN 2024, NDC MANAGED OVER 200,000 SQUARE FEET OF AFFORDABLE COMMERCIAL SPACE IN LOW-INCOME NEIGHBORHOODS, WHERE IT LEASED TO 65 TENANTS AND PROVIDED THEM WITH WRAP-AROUND BUSINESS SERVICES. 5972170 2500400 714709 LENDING AND FINANCING PROGRAMS (INCLUDING PROMISE GRANT) - PROVIDES FUNDS TO START-UP AND EXISTING BUSINESSES. IN 2024, NDC HAD A $10 MILLION DOLLAR REVOLVING LOAN FUND. LOANS WERE PROVIDED TO BUSINESSES THAT MET CERTAIN GEOGRAPHICAL AND INCOME CRITERIA. A PORTION OF AVAILABLE FUNDS ARE DEDICATED TO BE USED FOR ISLAMICALLY ACCEPTABLE FINANCING. NDC APPROVED 37 LOANS IN 2024, TOTALING $3,955,450, IN PRIORITY AND OTHER NEIGHBORHOODS, AS FOLLOWS:- 19 SMALL BUSINESS LOANS (LARGER THAN $50K)- 20 MICROLOANS ($50K OR LESS)IN ADDITION, NDC APPROVED 29 CREDIT-BUILDER LOANS IN 2024, TOTALING $8,700.ALSO, THE LENDING DEPARTMENT ADMINISTERED TWO GRANT PROGRAMS IN 2024- THE NDC EMERGENCY GRANTS PROGRAM, WHERE 8 BUSINESSES RECEIVED GRANTS TOTALING $20,000.- THE EQUITY GRANTS PROGRAM, WHERE 4 BUSINESSES RECEIVED GRANTS TOTALING $20,000. 2250172 266421 TECHNICAL ASSISTANCE PROGRAM - SUPPORTS THE GROWTH OF NEW AND EXISTING BUSINESSES IN THE COMMUNITY. IN 2024, NDC PROVIDED 3,615 HOURS OF BUSINESS SERVICES TO 695 BUSINESSES IN ITS PRIORITY AND OTHER NEIGHBORHOODS. 740594 0 ENTREPRENEUR TRAINING PROGRAM - OFFERS WEEKLY SESSIONS WHICH TRAIN PARTICIPANTS TO OWN AND OPERATE THEIR OWN BUSINESSES. BY THE END OF THE TRAINING SESSION, PARTICIPANTS WILL HAVE DEVELOPED A BUSINESS PLAN AND HAVE HAD INDIVIDUAL SESSIONS WITH A PROFESSIONAL TRAINING CONSULTANT. NDC WORKS WITH NEIGHBORHOOD PARTNERS TO ENHANCE THEIR CAPACITY TO CREATE AND CONDUCT ECONOMIC DEVELOPMENT INITIATIVES WITHIN THEIR OWN COMMUNITIES. IN 2024, NDC AND ITS NEIGHBORHOOD PARTNERS OFFERED 9 ENTREPRENEUR TRAINING CLASSES TO 135 ENROLLED ASPIRING ENTREPRENEURS FROM VARIOUS ETHNIC GROUPS AND NEIGHBORHOODS. IN ADDITION, ASPIRING ENTREPRENEURS RECEIVED 374 HOURS OF ONE-ON-ONE TRAINING CONSULTATIONS. DURING THE SAME YEAR, NDC ALSO OFFERED 27 BUSINESS-RELATED WORKSHOPS TO 197 ENTREPRENEURS. 740594 0 10741668 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 238 0 61 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X TAMMIE NASSEFF 6512912480 625 UNIVERSITY AVENUE ST PAUL MN 55104 JON BORDEN BOARD MEMBER 1.00 X 0 0 0 LACHELLE CUNNINGHAM CHAIR 1.00 X X 0 0 0 MIKE GOZE BOARD MEMBER 1.00 X 0 0 0 ANDREA MARDOCK BOARD MEMBER 1.00 X 0 0 0 KAREN GRIES TREASURER 1.00 X X 0 0 0 JULIET MITCHELL BOARD MEMBER 1.00 X 0 0 0 WILLIAM SANDS BOARD MEMBER 1.00 X 0 0 0 ERIK SPLETT BOARD MEMBER 1.00 X 0 0 0 ANTHONY ROBINSON BOARD MEMBER 1.00 X 0 0 0 GEBI TUFAA BOARD MEMBER 1.00 X 0 0 0 NOYA WOODRICH SECRETARY 1.00 X X 0 0 0 JASMINE VASQUEZ BOARD MEMBER 1.00 X 0 0 0 RENAY DOSSMAN PRESIDENT AND CHIEF EXECUTIVE OFFICER 40.00 X 237693 0 37657 PERLA MAYO SENIOR DIRECTOR OF LENDING 40.00 X 102857 0 39931 TAMMIE NASSEFF CHIEF FINANCIAL OFFICER 40.00 X 143440 0 22442 BEN JOHNSON VICE PRESIDENT, REAL ESTATE AND DEVELOPMENT 40.00 X 140169 0 34603 ELISA PLUHAR CHIEF INNOVATION AND STRATEGY OFFICER 40.00 X 112736 0 15859 SHAHIR ADMED-RIDDLE VICE PRESIDENT, BUSINESS SERVICES 40.00 X 125767 0 33107 862662 0 183599 6 0 1 0 0 11000 8443996 3679362 12134358 LOAN INTEREST INCOME 900099 509125 509125 PROPERTY MGMT FEES 531310 328651 328651 CONTRACT INCOME 531390 246535 246535 OTHER INCOME 900099 96037 96037 FORCLOSURE RECOVERY INCOME 900099 91498 91498 133972 133972 1405818 436965 436965 477836 241801 236035 236035 236035 0 11000 15157 -15157 -15157 14198019 1641853 0 421808 2892786 2892786 1189050 889322 247415 52313 3270964 2949636 277518 43810 347009 336423 4880 5706 279238 235929 36180 7129 9571 9571 48210 48210 671691 633898 37793 605235 353002 219256 32977 810916 701925 95913 13078 36799 15922 18369 2508 79506 25525 47501 6480 129478 129478 20414 16941 3065 408 69292 55266 12343 1683 PROVISION FOR LOAN LOSS 867892 867892 PROJECT EXPENSES 629963 626102 3861 MISCELLANEOUS 21025 11008 8815 1202 EQUIPMENT MAINTENANCE 20519 613 17517 2389 11999558 10741668 1050414 207476 2712217 2254870 10509387 8937037 765669 594800 549422 1462335 227308 240412 14725536 15734596 54195 86715 5181579 1153037 3223008 4028542 9847677 9884832 42614419 43224139 365343 756132 412458 35223 12183516 10745671 293293 293293 10393992 10723432 23648602 22553751 X 11237359 15147609 7728458 5522779 18965817 20670388 42614419 43224139 X 2198461 -493890 X X 0 1 X 1 1 1 X 16257599 6944967 9858064 8691148 12134358 53886136 16257599 6944967 9858064 8691148 12134358 53886136 3088426 50797710 144492 2111572 155825 698760 946090 4056739 57942875 5572389 0.87670 0.85270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1641000 1641000 1718979 445262 1273717 1096170 391432 704738 377244 316343 60901 348186 348186 4028542 RIGHT OF USE ASSET 9680593 INVESTMENT IN NEDU, LLC 204239 9884832 TENANT SECURITY DEPOSITS 37498 UNDISBURSED LOAN FUNDS 641584 LEASE LIABILITIY 10044350 10723432 X PART X, LINE 2: NDC 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 DID NOT HAVE ANY UNRELATED BUSINESS INCOME. NDC IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS OF INCOME TAX RETURNS. 1 JWP AUTOMOTIVE LLC 1457 MARSHALL AVE UNIT A SAINT PAUL MN 55104 50000 0 PASS-THROUGH GRANT SNELLING CHIROPRACTIC 947 PAYNE AVE SAINT PAUL MN 55130 48100 0 PASS-THROUGH GRANT MENTAL HEALTH MN 2233 UNIVERSITY AVE W SUITE 350 SAINT PAUL MN 55114 47900 0 PASS-THROUGH GRANT B&M VITAL HOMECARE LLC 1821 UNIVERSITY AVE W SUITE S334 SAINT PAUL MN 55104 47100 0 PASS-THROUGH GRANT FAMILY BEAUTY SUPPLY 1014 W BROADWAY MINNEAPOLIS MN 55411 46300 0 PASS-THROUGH GRANT 1 MEDICAL STAFFING SOLUTIONS INC 5201 N BRYANT AVE SUITE 108 MINNEAPOLIS MN 55430 44400 0 PASS-THROUGH GRANT NEXT LEVEL LOGISTICS 1819 LOWRY AVE N MINNEAPOLIS MN 55411 44400 0 PASS-THROUGH GRANT TENKA UPTOWN LLC 1404 W LAKE ST MINNEAPOLIS MN 55408 43300 0 PASS-THROUGH GRANT TU DANCE 212 UNIVERSITY AVE W SAINT PAUL MN 55114 42500 0 PASS-THROUGH GRANT LA CARRETA LLC 1754 MARKET DR STILLWATER MN 55082 42100 0 PASS-THROUGH GRANT MIKE'S AUTO REPAIR CORP 510 WHITE BEAR AVE N SAINT PAUL MN 55106 42000 0 PASS-THROUGH GRANT TACOS EL KEVIN SUPERMARKET 3751 PORTLAND AVE MINNEAPOLIS MN 55407 40600 0 PASS-THROUGH GRANT LP VENTURES INC 208 N 29TH AVE MINNEAPOLIS MN 55411 39900 0 PASS-THROUGH GRANT GLORIA WONGCENURY PLAZA LLC 995 UNIVERSITY AVE W 200 SAINT PAUL MN 55104 39300 0 PASS-THROUGH GRANT SHAKIR CONSULTING SERVICES LLC 450 SYNDICATE ST N SAINT PAUL MN 55104 38400 0 PASS-THROUGH GRANT WALK-IN CLINIC PROFESSIONAL SERVICE CORP 327 CEDAR AVE MINNEAPOLIS MN 55454 38300 0 PASS-THROUGH GRANT LAUNE BREAD LLC 3605 E LAKE ST MINNEAPOLIS MN 55406 36700 0 PASS-THROUGH GRANT HORIZON HOME HEALTH CARE LLC 1831 UNIVERSITY AVE W STE 16 SAINT PAUL MN 55104 36400 0 PASS-THROUGH GRANT JAKEENO'S PIZZA AND PASTA 3555 CHICAGO AVE S MINNEAPOLIS MN 55407 36200 0 PASS-THROUGH GRANT BAR BRAVA LLC 1914 WASHINGTON AVE N MINNEAPOLIS MN 55411 34800 0 PASS-THROUGH GRANT 75 MARKET AND DELI INC 1187 MINNEHAHA AVE E SAINT PAUL MN 55106 34200 0 PASS-THROUGH GRANT Y&H CORPORATION 1105 UNIVERSITY AVE W SAINT PAUL MN 55104 33900 0 PASS-THROUGH GRANT ALL WASHED UP LAUNDRY 3008 N PENN AVE MINNEAPOLIS MN 55411 31500 0 PASS-THROUGH GRANT SAFETY CARE INC 933 UNIVERSITY AVE W SAINT PAUL MN 55104 31000 0 PASS-THROUGH GRANT SAIREY G DESIGNS INC 740 VANDALIA ST SUITE B-1 SAINT PAUL MN 55114 30300 0 PASS-THROUGH GRANT DAHABSHIL MINI MARKET INC 1567 SHERBURNE AVE SAINT PAUL MN 55104 30000 0 PASS-THROUGH GRANT NORTHSIDE CENTER FOR EMOTIONAL WELLNESS 4151 THOMAS AVE MINNEAPOLIS MN 55412 30000 0 PASS-THROUGH GRANT SAFARI LOGISTICS LLC 2426 PARK AVE NW UNIT 305 FAIRBAULT MN 55021 29200 0 PASS-THROUGH GRANT QUALITY CHILD CARE LLC 1411 NICOLLET AVE MINNEAPOLIS MN 55403 29000 0 PASS-THROUGH GRANT MIDWAY GROCERY & DELI 839 UNIVERSITY AVE W SAINT PAUL MN 55104 28800 0 PASS-THROUGH GRANT EAT FOR EQUITY CATERING SBC 2610 E 32ND ST MINNEAPOLIS MN 55406 28500 0 PASS-THROUGH GRANT KAYD FOUNDATION 1821 UNIVERSITY AVE W STE 227 SAINT PAUL MN 55104 28200 0 PASS-THROUGH GRANT FOOT AND ANKLE MEDICAL CLINIC 1545 LIVINGSTON AVE STE 100 WEST SAINT PAUL MN 55118 28000 0 PASS-THROUGH GRANT MAYFIELD CHIROPRACTIC PA 3601 MINNESOTA DR EDINA MN 55435 27700 0 PASS-THROUGH GRANT ADVANTAGE HOME HEALTH 1821 UNIVERSITY AVE W SAINT PAUL MN 55104 27200 0 PASS-THROUGH GRANT DESTINEE ANITRA SHELBY 920 E LAKE ST MINNEAPOLIS MN 55407 27200 0 PASS-THROUGH GRANT BOBBY BREAD INC 2831 HENNEPIN AVE MINNEAPOLIS MN 55408 25900 0 PASS-THROUGH GRANT LILI-NICK INC 2706 LOWRY AVE NO MINNEAPOLIS MN 55411 25500 0 PASS-THROUGH GRANT TWINCITIES LOYAL HOLISTIC CARE 1821 UNIVERSITY AVE W SUITE 107-3 SAINT PAUL MN 55123 25000 0 PASS-THROUGH GRANT HOME OF COMFORT FURNITURE 2109 NICOLLET AVE MINNEAPOLIS MN 55404 24600 0 PASS-THROUGH GRANT OMG DIGITAL MEDIA SOLUTIONS LLL 550 VANDALIA STE 220 SAINT PAUL MN 55114 24400 0 PASS-THROUGH GRANT ATLAS REAL ESTATE DEVELOPMENT LLC 1130 TOWN CENTRE DR STE 6 EAGAN MN 55123 23800 0 PASS-THROUGH GRANT MAYFIELD FAMILY LEGACYCAMDEN SOCIAL 3751 VINCENT AVE N MINNEAPOLIS MN 55412 23500 0 PASS-THROUGH GRANT SOUA CO 217 COMO AVE SUITE C69 SAINT PAUL MN 55103 23000 0 PASS-THROUGH GRANT GOT YOUR BACK CHIROPRACTIC WELLNESS 5916 FRANCE AVE S EDINA MN 55410 22900 0 PASS-THROUGH GRANT YORK AVE PARTNERS 4367 THOMAS AVE NO MINNEAPOLIS MN 55412 22700 0 PASS-THROUGH GRANT ZE HABESHA LLC 1561 SHERBURNE AVE SAINT PAUL MN 55104 22600 0 PASS-THROUGH GRANT WILSONS IMAGE BARBERS & STYLISTS LLC 2126 W BROADWAY AVE MINNEAPOLIS MN 55411 21600 0 PASS-THROUGH GRANT PARADISE ASSISTED LIVING INC 10829 VINCENT AVE S BLOOMINGTON MN 55431 21400 0 PASS-THROUGH GRANT CLIENT RESIDENTIAL CARE INC 1821 UNIVERSITY AVE W SAINT PAUL MN 55104 20400 0 PASS-THROUGH GRANT HERIZONONE 1821 UNIVERSITY AVE W SAINT PAUL MN 55104 20400 0 PASS-THROUGH GRANT KHADAR AWIL 2340 E 32ND ST 204 MINNEAPOLIS MN 55406 20400 0 PASS-THROUGH GRANT GREEN MANGOS CATERING LLC 1 E 26TH ST MINNEAPOLIS MN 55404 20100 0 PASS-THROUGH GRANT AHMED HASSAN 2820 BLAISDELL AVE 104 MINNEAPOLIS MN 55408 19500 0 PASS-THROUGH GRANT HANAN TRUCKING LLC 3045 3RD AVE SO MINNEAPOLIS MN 55408 19500 0 PASS-THROUGH GRANT VANG CHIROPRACTIC PA 1030 PAYNE AVE SAINT PAUL MN 55130 18600 0 PASS-THROUGH GRANT HOPE HEALTH CENTER LLC 3812 BASS LAKE RD BROOKLYN CENTER MN 55428 18400 0 PASS-THROUGH GRANT TOGETHER TRUCKING TRANSPORTATION 1247 SAINT ANTHONY AVE 215 SAINT PAUL MN 55104 18300 0 PASS-THROUGH GRANT YASIN MUHIDEN ABDULAH 617 CEDAR AVE S A280 MINNEAPOLIS MN 55454 17800 0 PASS-THROUGH GRANT JAMAL SAID MOHAMED 2019 - 21ST AVE SO N18 MINNEAPOLIS MN 55404 17600 0 PASS-THROUGH GRANT LOMEN FITNESS LLC 655 FAIRVIEW AVE NO SUITE 190 SAINT PAUL MN 55104 17000 0 PASS-THROUGH GRANT THE DOORWAY LLC 2206 N 44TH AVE MINNEAPOLIS MN 55412 16900 0 PASS-THROUGH GRANT DESSCO INTERNATIONAL 202 22ND AVE N MINNEAPOLIS MN 55411 16500 0 PASS-THROUGH GRANT TUAN NGUYENORIENTAL NAILS 601 W BROADAY AVE MINNEAPOLIS MN 55411 16500 0 PASS-THROUGH GRANT FARAH DIRIE ABOCOR 912 EAST 24TH ST MINNEAPOLIS MN 55404 16200 0 PASS-THROUGH GRANT TRUST REALTY 2924 ANTHONY LN MINNEAPOLIS MN 55418 16200 0 PASS-THROUGH GRANT JOYAS DAELY LLC 417 E LAKE ST 73 MINNEAPOLIS MN 55408 16000 0 PASS-THROUGH GRANT BEYOND THE SPECTRUM LLC 1821 UNIVERSITY AVE W STE 169 SAINT PAUL MN 55104 15800 0 PASS-THROUGH GRANT FLAVA CAFE GENERAL BENEFIT CORP 623 UNIVERSITY AVE W SAINT PAUL MN 55104 15800 0 PASS-THROUGH GRANT MERCY AND GRACE CARE INC 1821 UNIVERSITY AVE W SAINT PAUL MN 55104 15600 0 PASS-THROUGH GRANT UDO'S AFRICAN FOOD STORE 632 SNELLING AVE N SAINT PAUL MN 55104 15200 0 PASS-THROUGH GRANT TMJ NAILS 2124A W BROADWAY AVE MINNEAPOLIS MN 55411 15000 0 PASS-THROUGH GRANT WULF FAMILY FOUNDATION 1200 PLYMOUTH AVE N MINNEAPOLIS MN 55411 14400 0 PASS-THROUGH GRANT LUCKY FOOD EXPRESS LLC 1001 JOHNSON PARKWAY SUITE 2 SAINT PAUL MN 55106 14300 0 PASS-THROUGH GRANT AKMAL BOOKSTORE - ABDULLAHI MUSSE 912 E 24TH STE L151 MINNEAPOLIS MN 55404 13500 0 PASS-THROUGH GRANT ABDIRIZAK ZUBER 617 CEDAR AVE S 34 MINNEAPOLIS MN 55454 13300 0 PASS-THROUGH GRANT BARKHDALE A DUALE 2819 PILLSBURY AVE S 101 MINNEAPOLIS MN 55408 13000 0 PASS-THROUGH GRANT ROUNDTRIP TRANSPORTATION LLC 4687 CLARK AVE SAINT PAUL MN 55110 12800 0 PASS-THROUGH GRANT LAZULI SERVICES LLC 671 AMERICAN BLUE E APT 7 BLOOMINGTON MN 55420 12700 0 PASS-THROUGH GRANT SISTHERSTHAI CAFE 371 UNIVERSITY AVEWEST SAINT PAUL MN 55103 12400 0 PASS-THROUGH GRANT ARENA DANCES INC 711 W LAKE ST STE 308 MINNEAPOLIS MN 55408 12300 0 PASS-THROUGH GRANT CURIOSO LLC 3001 HENNEPIN AVE S 1100 MINNEAPOLIS MN 55408 12100 0 PASS-THROUGH GRANT A & M PROPERTIES LLC 2533 - 24TH AVE SO MINNEAPOLIS MN 55407 12000 0 PASS-THROUGH GRANT HUSSEIN JAMA 2400 ELLIOT AVE APT 227 MINNEAPOLIS MN 55404 11900 0 PASS-THROUGH GRANT THAI KITCHEN 1007 W BROADWAY AVE MINNEAPOLIS MN 55411 11900 0 PASS-THROUGH GRANT TEENY BEE BOUTIQUE 1560 SELBY AVE SAINT PAUL MN 55104 11700 0 PASS-THROUGH GRANT COCO'S ISLAND ASIAN BAKERY 217 COMO AVE SAINT PAUL MN 55103 11600 0 PASS-THROUGH GRANT DAME ERRANT LLC 1729 N 2ND ST MINNEAPOLIS MN 55411 11100 0 PASS-THROUGH GRANT CHINESE AMERICAN ASSOCIATION OF MN 655 FAIRVIEW AVE NO SAINT PAUL MN 55114 11000 0 PASS-THROUGH GRANT ALOHA SERVED CORPYUM YUM TRUCK 208 N 29TH AVE MINNEAPOLIS MN 55411 10900 0 PASS-THROUGH GRANT CCG CARGO - ABDI S GEELLE 322 W LAKE ST MINNEAPOLIS MN 55408 10900 0 PASS-THROUGH GRANT ADNAN ABDI 2000 WEST BROADWAY AVE 317 MINNEAPOLIS MN 55411 10800 0 PASS-THROUGH GRANT FATAH TRUCKING 1500 THOMAS AVE 411 SAINT PAUL MN 55104 10500 0 PASS-THROUGH GRANT FUAD HUSSEIN 215 KIPLING ST 268 SAINT PAUL MN 55119 10300 0 PASS-THROUGH GRANT MAIYANG CREATION LLC 217 COMO AVE SUITE C18 SAINT PAUL MN 55103 10300 0 PASS-THROUGH GRANT REX NAILS LLC 298 LARPENTEUR AVE E SAINT PAUL MN 55117 10200 0 PASS-THROUGH GRANT MOHAMUD M AHMED 104 LITCHFIELD ST WEST SAINT PAUL MN 55117 9600 0 PASS-THROUGH GRANT SHARIIF WIRELESS STORE 1510 E LAKE ST MINNEAPOLIS MN 55407 9600 0 PASS-THROUGH GRANT MARSHA MAGDALENE LLC 967 PAYNE AVE SAINT PAUL MN 55130 9200 0 PASS-THROUGH GRANT KIA'S BEAUTY KREATIONS LLC 217 COMO AVE C21 SAINT PAUL MN 55103 8900 0 PASS-THROUGH GRANT MANMABUYU LLC 1819 NICOLLET AVE MINNEAPOLIS MN 55403 8300 0 PASS-THROUGH GRANT ARCHITECT MCGLORY STUDIO LLC 1007 W BROADWAY MINNEAPOLIS MN 55411 8200 0 PASS-THROUGH GRANT ABDURAHMAN JAMA 2221 BLAISDELL AVE 29 MINNEAPOLIS MN 55104 8100 0 PASS-THROUGH GRANT MIDWAY BICYCLE SUPPLY 506 N PRIOR AVE SAINT PAUL MN 55104 7900 0 PASS-THROUGH GRANT PEACES & PUZSOULS - JOURNIES THRUHEALING 1821 UNIVERSITY AVE W STE S326 SAINT PAUL MN 55104 7400 0 PASS-THROUGH GRANT ABDIKANI A HASSAN 3016 PORTLAND AVE 2 MINNEAPOLIS MN 55407 6200 0 PASS-THROUGH GRANT EBONY DICKERSON 1200 WEST BROADWAY AVE N 180A MINNEAPOLIS MN 55408 5700 0 PASS-THROUGH GRANT RELIANCE SALON LLC 712 UNIVERSITY AVE W SAINT PAUL MN 55104 5500 0 PASS-THROUGH GRANT PART I, LINE 2: NDC ACTED AS AN AGENT FOR FUNDS PROVIDED BY GRANTS TO GRANT FUNDS TO SMALL BUSINESSES DURING THE YEAR. X X X 0 0 0 0 0 0 0 0 0 RENAY DOSSMAN PRESIDENT AND CHIEF EXECUTIVE OFFICE 237693 0 0 0 0 0 0 0 37657 0 275350 0 0 0 BEN JOHNSON VICE PRESIDENT, REAL ESTATE AND DEVE 140169 0 0 0 0 0 0 0 34603 0 174772 0 0 0 TAMMIE NASSEFF CHIEF FINANCIAL OFFICER 143440 0 0 0 0 0 0 0 22442 0 165882 0 0 0 SHAHIR ADMED-RIDDLE VICE PRESIDENT, BUSINESS SERVICES 125767 0 0 0 0 0 0 0 33107 0 158874 0 0 0 LACHELLE CUNNINGHAM BOARD CHAIR CDFI LOAN X 249975 240412 0 1 1 240412 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD REVIEWS A COPY OF THE DRAFT 990 AND RECOMMENDS TO THE BOARD FOR APPROVAL BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 BASED ON A PEER REVIEW AND SALARY SURVEY FROM MINNESOTA COUNCIL OF NONPROFITS, THE BOARD SET THE SALARY STRUCTURE FOR THE PRESIDENT/CEO. BASED ON THE ABOVE SURVEY THE PRESIDENT/CEO SET THE SALARY STRUCTURE FOR THE REST OF THE STAFF IN CONSULTATION WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY -493,890. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FROGTOWN ENTREPRENEUR CENTER 625 UNIVERSITY AVE W SAINT PAUL MN 55104 411864918 OPERATE COMMERCIAL RENTAL REAL ESTATE MN 171308 419367 NEIGHBORHOOD DEVELOPMENT CENTER NDC REDI II LLC 625 UNIVERSITY AVE W SAINT PAUL MN 55104 203036178 REAL ESTATE LENDING MN 0 0 NEIGHBORHOOD DEVELOPMENT CENTER NCS LLC 625 UNIVERSITY AVE W SAINT PAUL MN 55104 203259619 OPERATE COMMERCIAL RENTAL REAL ESTATE MN 17467 3310744 NEIGHBORHOOD DEVELOPMENT CENTER NDC ENTREPRENEUR TRAINING CENTER 625 UNIVERSITY AVE W SAINT PAUL MN 55104 843652762 WORKFORCE TRAINING CENTER MN 501(C)(3) LINE 12A, I NEIGHBORHOOD DEVELOPMENT CENTER 1 MERCADO CENTRAL 625 UNIVERSITY AVE SAINT PAUL MN 55104 522294499 OPERATE COMMERCIAL REAL ESTATE MN N/A 0 0 NEDU LLC 625 UNIVERSITY AVE SAINT PAUL MN 55104 260594659 OPERATE COMMERCIAL REAL ESTATE MN N/A 0 0 MARKET VIEW 625 UNIVERSITY AVE SAINT PAUL MN 55104 455058653 OPERATE COMMERCIAL REAL ESTATE MN N/A 0 1 MIDTOWN GLOBAL MARKET LLC 625 UNIVERSITY AVE SAINT PAUL MN 55104 203036460 OPERATE COMMERCIAL REAL ESTATE MN N/A 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 MIDTOWN GLOBAL MARKET LLC B 493890 FAIR MARKET VALUE