REVA DEVELOPMENT CORPORATION
AI Summary
REVA Development Corporation is a nonprofit organization dedicated to economic development and community improvement, with a mission to revive underserved communities by creating and preserving affordable spaces for families and small businesses. With an operating budget of $524.9K and total revenue of $540K for the filing year 2025, the organization has a strong financial foundation, although it relies heavily on a single funder, which contributes $48.3M, representing over 50% of its revenue. More information can be found on their website at www.mfkreva.org.
Mission Statement
TO MAINTAIN A COMMITMENT TO REVIVE UNDERSERVED COMMUNITIES, AND TO LEAD ECONOMICDEVELOPMENT EFFORTS AS CIVIC ENTREPRENEURS BY CREATING AND PRESERVING AFFORDABLE SPACES FOR FAMILIES AND SMALL BUSINESSES.
Cause Areas
2
Community improvement
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
The Miami Foundation
MIAMI, FL, US
$40K
< 1%
Frequently Asked Questions
What is REVA DEVELOPMENT CORPORATION’s budget?
In 2025, REVA DEVELOPMENT CORPORATION reported an annual operating budget of around $525 thousand. More detailed financial information is available to registered users.
What causes does REVA DEVELOPMENT CORPORATION support?
REVA DEVELOPMENT CORPORATION supports work in Community improvement and Economic development.
Where does REVA DEVELOPMENT CORPORATION operate?
REVA DEVELOPMENT CORPORATION is headquartered in Jacksonville, FL.
Who funded REVA DEVELOPMENT CORPORATION recently?
In 2018, REVA DEVELOPMENT CORPORATION received grants from The Miami Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant REVA DEVELOPMENT CORPORATION received in 2018?
The largest grant to REVA DEVELOPMENT CORPORATION in 2018 exceeds $40 thousand.
What is REVA DEVELOPMENT CORPORATION’s reliance on government grants?
REVA DEVELOPMENT CORPORATION relied on government grants for more than 70% of their total revenue in 2025.