Public Charity

COMMUNITY DEVELOPMENT FOUNDATION

COMMUNITY DEVELOPMENT FOUNDATION is a nonprofit organization categorized as Public Charity based in FAYETTEVILLE, NC. Its most recent IRS filing (2025) reports revenue of $2.4M, expenses of $476K, total assets of $7.4M.

EIN: 264731595 FAYETTEVILLE, NC Alliances & Advocacy NTEE: A01 Latest filing: 2025
Total Revenue$2.4M
Total Expenses$476K
Total Assets$7.4M
Grant Records0
Filing Years2023–2025

Mission

ECONOMIC DEVELOPMENT IN FAYETTEVILLE NC AND CUMBERLAND COUNTY.

Officers & Directors

VICE CHAIR Andrew Pennink
DIRECTOR Bill Hedgepeth
DIRECTOR Chris Bostock
DIRECTOR David Mcneill
DIRECTOR Dohn Broadwell
DIRECTOR Eddie Massengale

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.4M $476K $7.4M
2024 $199K $126K $2.7M
2023 $92K $70K $2.6M

Between 2023 and 2025, reported annual revenue grew from $92K to $2.4M (+2509%), with total assets most recently reported at $7.4M.

Interactive year-over-year charts and full filing details available with membership.

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