Based in WINTER SPRINGS, FL, FLORIDA DEVELOPMENT FINANCE CORPORATION operates as a Public Charity. The organization reported $3.3M in revenue, $1.5M in expenses, $14.6M in total assets for fiscal year 2025.
FDFC IS A STATE AUTHORIZED ISSUER OF INDUSTRIAL REVENUE BONDS AND DOES NOT RECEIVE STATE APPROPRIATIONS. FDFC ISSUES BONDS IN COUNTIES THROUGHOUT FLORIDA THROUGH INTERLOCAL AGREEMENTS. WE SUPPORT ECONOMIC DEVELOPMENT BY ASSISTING FOR-PROFIT AND NOT-FOR-PROFIT BUSINESSES WITH ACCESS TO CAPITAL FOR PROJECT FINANCING. THE PRIMARY MECHANISM FOR ACCESSING THE CAPITAL MARKETS IS TAX-EXEMPT AND TAXABLE BONDS.
How Florida Development Finance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.3M | $1.5M | $14.6M |
| 2024 | $5.7M | $1.7M | $12.3M |
| 2023 | $2.9M | $1.5M | $8.4M |
| 2022 | $3.6M | $1.5M | $7.1M |
| 2021 | $2.6M | $1.4M | $4.7M |
Between 2021 and 2025, reported annual revenue grew from $2.6M to $3.3M (+29%), with total assets most recently reported at $14.6M.
Interactive year-over-year charts and full filing details available with membership.
