National Development Foundation Inc
Donations deductibleRevenue
$2.5m
year to 31 December 2024
Expenses
$3.6m
year to 31 December 2024
Total assets
$22.5m
$28.5m liabilities
Net assets
Minus $6m
assets less liabilities
Directors and trustees
5
8.4y av
Staff
5
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
5
reported in Part VI
National Development Foundation Inc's network
5 peoplei5 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Angie Tanner | Director | 2018 | 8 yrs |
| Cynthia K Skrocki | Vice President/Secretary | 2018 | 8 yrs |
| Elizabeth R Vermales | President | 2018 | 8 yrs |
| Jael Menendez | Director | 2018 | 8 yrs |
| Randall E Fleming | Vice President/Treasurer | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Cynthia K Skrocki | Vice President/Secretary | 15 | $109k | ||
| Randall E Fleming | Vice President/Treasurer | 15 | $78k | ||
| Elizabeth R Vermales | President | 15 | $63k | ||
| Jael Menendez | Director | 0.5 | $0 | ||
| Angie Tanner | Director | 0.5 | $0 |
About
- Legal name
- National Development Foundation Inc
- EIN
- 650820596
- Address
- 4250 Alafaya Trail, Oviedo, FL, 32765-9412
- State
- Florida
- Mission
- To create, preserve, expand, rehabilitate, and enhance the number and quality of affordable housing stock. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 8 (IRS master file code)
- Formed
- 1998
- Principal officer
- Elizabeth Vermales (as named on the Form 990)
- IRS ruling date
- 1 May 1998
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsAngie Tanner
≥8years on the filingsCynthia K Skrocki
≥8years on the filingsElizabeth R Vermales
≥8years on the filingsJael Menendez
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $22.5m
- Total liabilities
- $28.5m
- Net assets or fund balances
- Minus $6m
- Contributions and grants received
- $0
- Program service revenue
- $2.3m
- Employees
- 5
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $2.5m | $3.6m | Deficit $1.1m |
As filed on the IRS Form 990. US dollars.