Danville Neighborhood Development Corporation

Organization Overview

Danville Neighborhood Development Corporation is located in Danville, VA. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Danville Neighborhood Development Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danville Neighborhood Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Danville Neighborhood Development Corporation generated $787.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $260.1k during the year ending 12/2022. While expenses have increased by 23.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

REIMAGINE DANVILLE'S NEIGHBORHOODS AS THRIVING, NUTURING, SAFE PLACES WHERE RESIDENTS ARE EMPOWERED TO INVEST THEIR TIME, ENERGY, AND RESOURCES TO MAKE A POSITIVE DIFFERENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BY HELPING PROPERTY OWNERS CORRECT DEFERRED MAINTENANCE, MAKE CAPITAL IMPROVEMENTS, AND INCREASE THEIR HOMES' CURB APPEAL, AND THROUGH RESIDENT LEADERSHIP BUILDING AND REAL ESTATE DEVELOPMENT, THE DNDC IS TRANSFORMING NEIGHBORHOODS INTO PLACES WHERE RESIDENTS FEEL CONFIDENT ABOUT ITS FUTURE; WHERE PROPERTY OWNERS ARE EMPOWERED TO INVEST THEIR TIME, ENERGY AND RESOURCES INTO THEIR HOMES; AND WHERE NEIGHBORS HAVE THE CAPACITY TO MANAGE DAY-TO-DAY COMMUNITY ISSUES.


BY HELPING PROPERTY OWNERS CORRECT DEFERRED MAINTENANCE, MAKE CAPITAL IMPROVEMENTS, AND INCREASE THEIR HOMES' CURB APPEAL, AND THROUGH RESIDENT LEADERSHIP BUILDING AND REAL ESTATE DEVELOPMENT, THE DNDC IS TRANSFORMING NEIGHBORHOODS INTO PLACES WHERE RESIDENTS FEEL CONFIDENT ABOUT ITS FUTURE; WHERE PROPERTY OWNERS ARE EMPOWERED TO INVEST THEIR TIME, ENERGY AND RESOURCES INTO THEIR HOMES; AND WHERE NEIGHBORS HAVE THE CAPACITY TO MANAGE DAY-TO-DAY COMMUNITY ISSUES.


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Board, Officers & Key Employees

Name (title)Compensation
Joy Wood
President
$0
Susan Stilwell
Vice President
$0
Robert Fuller
Treasurer
$0
Janet Davis
Board Member
$0
Bryant Hood
Board Member
$0
Earl B Reynolds Jr
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $787,500
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$787,500
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $787,500

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