Mission
TO CREATE, PRESERVE, EXPAND, REHABILITATE, AND ENHANCE THE NUMBER AND QUALITY OF AFFORDABLE HOUSING STOCK.
Public Charity
NATIONAL DEVELOPMENT FOUNDATION INC
Based in OVIEDO, FL, NATIONAL DEVELOPMENT FOUNDATION INC operates as a Public Charity. The organization reported $2.5M in revenue, $3.6M in expenses, $22.5M in total assets for fiscal year 2024.
EIN: 650820596
OVIEDO, FL
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$2.5M
Total Expenses$3.6M
Total Assets$22.5M
Grant Records0
Filing Years2020–2024
Where $100 goes at National Development Foundation Inc
How National Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$80
Programs
the work itself
$20
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $80 for programs
$80
Provided services to several low and moderate income rental real estate apartments
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Angie Tanner
VICE PRESIDENT/SECRETARY
Cynthia K Skrocki
PRESIDENT
Elizabeth R Vermales
DIRECTOR
Jael Menendez
VICE PRESIDENT/TREASURER
Randall E Fleming
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.5M | $3.6M | $22.5M |
| 2023 | $2.6M | $2.8M | $22.9M |
| 2022 | $-135K | $379K | $22.7M |
| 2021 | $874K | $265K | $23.5M |
| 2020 | $-146K | $457K | $23.4M |
Between 2020 and 2024, reported annual revenue moved from $-146K to $2.5M, with total assets most recently reported at $22.5M.
Interactive year-over-year charts and full filing details available with membership.