Civic Intelligence

National Development Foundation Inc.

990 • Fiscal year 2023 • EIN 65-0820596

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileN/A
4250 Alafaya Trail 212-330Oviedo, FL 32765

(407) 399-0929

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.21x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

10.64x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

21st percentile

-8.7%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

51st percentile

$182,616

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

32nd percentile

0.7%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$22,865,782

Up $148,091 (+0.7%) from 2022

Net Assets

Down

-$4,860,304

Down $225,840 (-4.9%) from 2022

Liabilities

Up

$27,726,086

Up $373,931 (+1.4%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin21st percentile

Revenue

Up

$2,604,928

Up $2,740,345 (+2024%) from 2022

Expenses

Up

$2,830,768

Up $2,451,271 (+646%) from 2022

Net Income

Up

-$225,840

Up $289,074 (+56%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2011: $21,646,227Liabilities 2011: $21,684,709Net Assets 2011: -$38,4822011Assets 2012: $21,404,589Liabilities 2012: $22,363,507Net Assets 2012: -$958,9182012Assets 2013: $20,758,110Liabilities 2013: $22,238,954Net Assets 2013: -$1,480,8442013Assets 2014: $20,208,288Liabilities 2014: $22,211,585Net Assets 2014: -$2,003,2972014Assets 2015: $19,746,791Liabilities 2015: $22,133,860Net Assets 2015: -$2,387,0692015Assets 2016: $19,262,305Liabilities 2016: $22,088,825Net Assets 2016: -$2,826,5202016Assets 2017: $18,588,431Liabilities 2017: $21,751,976Net Assets 2017: -$3,163,5452017Assets 2018: $23,736,215Liabilities 2018: $27,490,193Net Assets 2018: -$3,753,9782018Assets 2019: $23,933,208Liabilities 2019: $28,296,691Net Assets 2019: -$4,363,4832019Assets 2020: $23,426,757Liabilities 2020: $28,393,499Net Assets 2020: -$4,966,7422020Assets 2021: $23,487,225Liabilities 2021: $27,731,775Net Assets 2021: -$4,244,5502021Assets 2022: $22,717,691Liabilities 2022: $27,352,155Net Assets 2022: -$4,634,4642022Assets 2023: $22,865,782Liabilities 2023: $27,726,086Net Assets 2023: -$4,860,3042023Assets 2024: $22,501,172Liabilities 2024: $28,460,910Net Assets 2024: -$5,959,7382024

Highlighted filing

2023

Assets$22,865,782
Liabilities$27,726,086
Net Assets-$4,860,304
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $682,6012011Expenses 2012: $287,5202012Revenue 2013: -$246,229Expenses 2013: $275,697Net Income 2013: -$521,9262013Revenue 2014: -$210,448Expenses 2014: $312,005Net Income 2014: -$522,4532014Revenue 2015: -$95,634Expenses 2015: $314,476Net Income 2015: -$410,1102015Revenue 2016: -$172,525Expenses 2016: $321,033Net Income 2016: -$493,5582016Revenue 2017: -$100,466Expenses 2017: $333,266Net Income 2017: -$433,7322017Revenue 2018: -$257,518Expenses 2018: $333,915Net Income 2018: -$591,4332018Revenue 2019: -$266,713Expenses 2019: $694,380Net Income 2019: -$961,0932019Revenue 2020: -$146,379Expenses 2020: $456,571Net Income 2020: -$602,9502020Revenue 2021: $873,972Expenses 2021: $265,286Net Income 2021: $608,6862021Revenue 2022: -$135,417Expenses 2022: $379,497Net Income 2022: -$514,9142022Revenue 2023: $2,604,928Expenses 2023: $2,830,768Net Income 2023: -$225,8402023Revenue 2024: $2,538,208Expenses 2024: $3,637,642Net Income 2024: -$1,099,4342024

Highlighted filing

2023

Revenue$2,604,928
Expenses$2,830,768
Net Income-$225,840
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$2,935,847
Mission and Program Overview

Mission

None

To create, preserve, expand, rehabilitate, and enhance the number and quality of affordable housing stock available to low and moderate income, elderly and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,020,231$19,078,616▲ $58,385
Cash and Non-Interest-Bearing Accounts$3,322,533$1,535,854▼ $1,786,679
Investments Other Securities$0$572,167▲ $572,167
Accounts Receivable-$392,857-
Prepaid Expenses and Deferred Charges$49,853$148,956▲ $99,103
Intangible Assets$13,698$10,845▼ $2,853
Total Assets$22,717,691$22,865,782▲ $148,091
Other Assets Total$311,376$1,126,487▲ $815,111
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,004,098$27,110,328▲ $2,106,230
Accounts Payable and Accrued Expenses$518,844$417,256▼ $101,588
Other Liabilities$1,829,213$198,502▼ $1,630,711
Total Liabilities$27,352,155$27,726,086▲ $373,931
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,634,464$-4,860,304▼ $225,840
Total Net Assets Fund Balance$-4,634,464$-4,860,304▼ $225,840
Total Liabilities and Net Assets / Fund Balance$22,717,691$22,865,782▲ $148,091

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,825,880$7,046,846$23,872,726
Land$1,856,124-$1,856,124
Other Land Buildings$375,614$1,222,266$1,597,880
Equipment$20,998$108,432$129,430
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Randall E FlemingVice PresidentPT$182,616$182,616
Elizabeth R VermalesPresidentPT$153,204$153,204
Cynthia K SkrockiTreasury/secr., Vice Pres.PT$132,616$132,616
Angie TannerDirector-$250$250
Jael MenendezDirector-$250$250
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,114,252
Investment Income
$320,388
Other Revenue
$170,288
Change in Net Assets
$-225,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,466,956
Salaries, Compensation, and Employee Benefits$363,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$680,800--$680,800
Insurance$325,848--$325,848
Current Officers, Directors, Trustees, and Key Employees-$267,812-$267,812
Interest$151,341--$151,341
Fees for Services Management-$128,866-$128,866
Other Salaries and Wages$96,000--$96,000
Occupancy$87,799$3,775-$91,574
Other Expenses$91,466$111,671-$91,466
Fees for Services Other-$9,500-$9,500
Conferences and Meetings-$6,978-$6,978
Fees for Services Legal-$6,089-$6,089
Travel-$1,157-$1,157
Office Expenses-$691-$691
Total Functional Expenses$2,294,229$536,539$0$2,830,768
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-CYNTHIA SKROCKI IS AN OFFICER; DAVID SKROCKI IS AN EMPLOYEEDAVID SKROCKI, THE SPOUSE OF AN OFFICER, CYNTHIA SKROCKI, RECEIVED COMPENSATION FROM THE ORGANIZATION IN THE AMOUNT OF $48,000No$48,000
-ELIZABETH VERMALES IS AN OFFICER; PEDRO VERMALES IS AN EMPLOYEEPEDRO VERMALES, THE SPOUSE OF AN OFFICER, ELIZABETH VERMALES, RECEIVED COMPENSATION FROM THE ORGANIZATION IN THE AMOUNT OF $48,000No$48,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Liability$198,502
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“990 reviewed by board president and cfo prior to filing.”

Form 990, Part VI, Section C, Line 19

“Copies of documents are furnished upon request by the public. Documents are furnished upon request to interested parties in conjunction with obtaining approval for low income housing developments.”

Filing and Contact Details

Filer

Filer Name
National Development Foundation Inc
EIN
65-0820596
Phone
4073990929
Address
4250 ALAFAYA TRAIL 212-330, OVIEDO, FL 32765

Signing Officer

Name
Elizabeth Vermales
Title
President
Phone
8002096010
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Vermales
Formed
1998
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
0

Preparer

Firm
Eag Affordable Housing LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Greg Harris
Phone
6144728568
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

“The process has not changed from prior year”

FORM 990, PART XII, LINE 1:

“Modified accrual accounting method”

Raw XML AppendixShowing 400 of 576 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYSalariesCompEmpBnftPaidAmt0354928
IRS990/PYTotalExpensesAmt0379497
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-135417
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-225840
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02604928
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt039990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07227
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt049017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01355272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02511146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03664322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02992180
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02888623
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013411543
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt039990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07227
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt049017
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/InvestmentIncomePYPct00.00330
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99640
IRS990ScheduleA/PublicSupportPY509Pct00.99670
IRS990ScheduleA/PublicSupportTotal509Amt013411543
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01355272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02511146
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03664322
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02992180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02888623
IRS990ScheduleA/Total509Grp/TotalAmt013411543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01357072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02551136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03671549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02992180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02888623
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013460560
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016825880
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07046846
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt023872726
IRS990ScheduleD/EquipmentGrp/BookValueAmt020998
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108432
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129430
IRS990ScheduleD/LandGrp/BookValueAmt01856124
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01856124
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0375614
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01222266
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01597880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0198502
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019078616
IRS990ScheduleD/TotalLiabilityAmt0198502
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0182616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1153204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2132616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RANDALL E FLEMING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ELIZABETH R VERMALES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CYNTHIA K SKROCKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURY/SECR., VICE PRES.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1153204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2132616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CYNTHIA SKROCKI & DAVID SKROCKI
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1ELIZABETH VERMALES & PEDRO VERMALES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CYNTHIA SKROCKI IS AN OFFICER; DAVID SKROCKI IS AN EMPLOYEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ELIZABETH VERMALES IS AN OFFICER; PEDRO VERMALES IS AN EMPLOYEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt048000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt148000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DAVID SKROCKI, THE SPOUSE OF AN OFFICER, CYNTHIA SKROCKI, RECEIVED COMPENSATION FROM THE ORGANIZATION IN THE AMOUNT OF $48,000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PEDRO VERMALES, THE SPOUSE OF AN OFFICER, ELIZABETH VERMALES, RECEIVED COMPENSATION FROM THE ORGANIZATION IN THE AMOUNT OF $48,000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 REVIEWED BY BOARD PRESIDENT AND CFO PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF DOCUMENTS ARE FURNISHED UPON REQUEST BY THE PUBLIC. DOCUMENTS ARE FURNISHED UPON REQUEST TO INTERESTED PARTIES IN CONJUNCTION WITH OBTAINING APPROVAL FOR LOW INCOME HOUSING DEVELOPMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MODIFIED ACCRUAL ACCOUNTING METHOD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NATIONAL DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1NATIONAL DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2NATIONAL DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3NATIONAL DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt4NATIONAL DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TALL PINES SUBDIVISION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1AMERICAN WAY TOWNHOMES
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2HERON COVE

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,865,782
Liabilities
$27,726,086
Net assets
-$4,860,304
Revenue
$2,604,928
Expenses
$2,830,768
Net income
-$225,840
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.5$28.5$5.96$2.54$3.64$1.10
2023Detailed filing. Detailed filing data is available for this year.$22.9$27.7$4.86$2.60$2.83$0.23
2022Detailed filing. Detailed filing data is available for this year.$22.7$27.4$4.63$0.14$0.38$0.51
2021Detailed filing. Detailed filing data is available for this year.$23.5$27.7$4.24$0.87$0.27$0.61
2020Detailed filing. Detailed filing data is available for this year.$23.4$28.4$4.97$0.15$0.46$0.60
2019Detailed filing. Detailed filing data is available for this year.$23.9$28.3$4.36$0.27$0.69$0.96
2018Detailed filing. Detailed filing data is available for this year.$23.7$27.5$3.75$0.26$0.33$0.59
2017Detailed filing. Detailed filing data is available for this year.$18.6$21.8$3.16$0.10$0.33$0.43
2016Detailed filing. Detailed filing data is available for this year.$19.3$22.1$2.83$0.17$0.32$0.49
2015Detailed filing. Detailed filing data is available for this year.$19.7$22.1$2.39$0.10$0.31$0.41
2014Detailed filing. Detailed filing data is available for this year.$20.2$22.2$2.00$0.21$0.31$0.52
2013Detailed filing. Detailed filing data is available for this year.$20.8$22.2$1.48$0.25$0.28$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$22.4$0.96$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$21.7$0.04$0.68