Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

National Development Foundation Inc is a nonprofit organization dedicated to housing development, with a mission to create, preserve, expand, rehabilitate, and enhance the housing stock available to low and moderate-income individuals, the elderly, and disabled populations. Operating with a budget of $3.6 million and generating total revenue of $2.5 million in the 2024 filing year, the organization plays a crucial role in improving housing quality and accessibility. There is no publicly available information indicating reliance on a single funder for 50% or more of its revenue.

Mission Statement

To create, preserve, expand, rehabilitate, and enhance the number and quality of housing stock available to low and moderate income, elderly and disabled.
Revenues
$2.5M
Expenses
$3.6M
Net Income:
-$1.1M
Assets
$22.5M
Liabilities
$28.5M
Net Assets:
-$6M
Operating Budget
$3.6M
Operating Budget by Year

Due Diligence

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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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C
Cynthia K Skrocki
Board Member
R
Randall E Fleming
Board Member
E
Elizabeth R Vermales
Board Member

Frequently Asked Questions

What is National Development Foundation Inc’s budget?
In 2024, National Development Foundation Inc reported an annual operating budget of around $3.6 million. More detailed financial information is available to registered users.
What causes does National Development Foundation Inc support?
National Development Foundation Inc supports work in Housing development.
Where does National Development Foundation Inc operate?
National Development Foundation Inc is headquartered in Oviedo, FL.