EIN 64-0894608

Neighborhood Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Tupelo
Year formed
1999
Most recent tax filings
2024-12-01
NTEE code, primary
Description
Neighborhood Development Corporation is a non-profit, tax exempt, housing organization with a mission to promote the redevelopment of deteriorating neighborhoods in Tupelo and throughout Lee County. The organization actively participates in various revitalization efforts by sponsoring homebuyer education and financial management classes and partnering with local neighborhood associations to promote healthy communities.
Total revenues
$359,424
2024
Total expenses
$20,171
2024
Total assets
$1,308,008
2024
Num. employees
0
2024

Program areas at Neighborhood Development Corporation

The organization participates in a variety of Neighborhood revitalization efforts. In addition to the foregoing, the city of tupelo named the organization as grantee in the Neighborhood revitalization project on west jackson street in tupelo, Mississippi and the organization acquired and demolished distressed properties and is selling, at low cost, the cleared lots to local developers to construct low and moderate income properties in these areas. In addition, the organization is also constructing housing on real estate owned by the organization for that same purpose. The organization is again partnering with the city through the local community Development foundation to repeat those efforts in another location within the city.

Grants made by Neighborhood Development Corporation

GranteeGrant descriptionAmount
Habitat for HumanityTo Assist$35,000

Financials for Neighborhood Development Corporation

RevenuesFYE 12/2024
Total grants, contributions, etc.$530,900
Program services$0
Investment income and dividends$86
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-171,562
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$359,424
Data update history
August 5, 2025
Posted financials
Added Form 990 for fiscal year 2024
August 3, 2025
Updated personnel
Identified 5 new personnel
August 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 782
Tupelo, MS 38802
County
Lee County, MS
Phone
(662) 840-9340
IRS details
EIN
64-0894608
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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