Public Charity

TITUSVILLE DEVELOPMENT CORPORATION

TITUSVILLE DEVELOPMENT CORPORATION, of Birmingham, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $624K in revenue, $398K in expenses, $2.7M in total assets. 12 publicly reported grants to this organization, totaling roughly $248K, appear in IRS filings.

EIN: 630964639 Birmingham, AL Latest filing: 2024
Total Revenue$624K
Total Expenses$398K
Total Assets$2.7M
Grant Records12
Funding Total$248K
Filing Years2020–2024

Mission

To empower the community by removing blight inlow income neighborhoods, providing financial education workshops, and offering affordablehousing.

Officers & Directors

BOARD MEMBER Cathy Bradford
BOARD MEMBER Jodi Trautwein
BOARD MEMBER Marion Sterling
EXECUTIVE DIRECTOR Ronald Bayles
PRESIDENT Ronald Mims
TREASURER Shirley Hill

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$105,000 2 grants
TITUSVILLE SENIOR DUPLEX RENOVATION PROJECT ( PHASE 1 )
$50,000 1 grant
HS: TITUSVILLE UNIVERSAL AFFORDABLE HOUSING PROJECT
$40,000 1 grant
FAMILY AND SOCIAL SERVICES
$30,000 1 grant
SPECIAL PROGRAMS
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $624K $398K $2.7M
2023 $735K $720K $2.0M
2022 $842K $572K $2.5M
2020 $907K $810K $1.9M

Between 2020 and 2024, reported annual revenue declined from $907K to $624K (-31%), with total assets most recently reported at $2.7M.

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

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