East Dayton Neighborhood Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The East Dayton Neighborhood Development Corporation EDNDC exists to expand access to safe decent and affordable housing while improving neighborhood amenities in Twin Towers. Our work is focused on creating lasting social economic and environmental value for families.
- Income
- $330,500
- Spending
- $178,923
- Spent on programs
- 93%
- Reserves
- 26.2 months of spending
- Largest source of income
- investment income, 63%
- Employees
- 2
- Volunteers
- 0
- Highest pay
- $13,542, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 94% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 26.2 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 46% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 72% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $106,209 spent. Housing Development and Neighborhood Stabilization EDNDC undertakes housing development and stabilization activities to improve the quality availability and affordability of housing in East Dayton. EDNDC rehabilitated a residential property in the Ruskin West neighborhood for homeownership and acquired multiple vacant lots and properties in the Twin Towers neighborhood to support future infill housing development. EDNDC collaborated with the Montgomery County Land Reutilization Corporation Land Bank and the County Corporation to pursue funding through the Ohio Department of Development to support single-family housing development and neighborhood revitalization efforts. We forged a partnership with Home Inc. to advance the exploration and implementation of a community land trust model in East Dayton. This partnership is intended to support long-term housing affordability strengthen neighborhood stability and expand pathways to sustainable homeownership. We devised a strategic plan as a roadmap for neighborhood stabilization and revitalization. These activities contribute to reducing vacancy and blight increasing homeownership opportunities and supporting long-term neighborhood stability.
- $60,000 spent. Community Engagement and Public Space Activation EDNDC supports resident engagement and community-building initiatives designed to strengthen neighborhood connections and increase participation in revitalization efforts. EDNDC developed and opened the Ruskin Commons community gathering space funded through American Rescue Plan Act ARPA and Community Development Block Grant CDBG resources. Ruskin Commons serves as a central location for community events meetings and neighborhood activities providing residents with a safe and accessible space to gather share information and build relationships.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2025 for not filing returns for three years, and reinstated on May 15, 2025.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in January 2026. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.