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Burlington Development Corporation

Burlington, NCEIN: 56-1878125Website

Data sourced from IRS 990 public filings

Burlington Development Corporation BDC's goals and objectives are to engage in or assist in development, financing and/or the operation of housing for low-income people and families and to provide supportive services necessary for the residents to become academically successful and economically self-sufficient. BDC strives to change the public housing culture, values and behavior through positive incentives doe resident self-sufficiency, providing programs and services that empower residents and collaboration and partnerships throughout the community to meet that end.

Burlington Development Corporation has received 4 grants from 3 known foundation funders. Revenue increased from $151,732 in 2022 to $3,209,999 in 2023. Most recent reported revenue: $3,209,999.

Annual Revenue

$3,209,999

Known Funders

3

Grants Received

4

Financial History

YearRevenueExpensesAssets
2023$3,209,999$2,338,581$20,255,187
2022$151,732$187,650$13,823,097
2021$143,413$107,902$2,066,987
2020$472,843$102,634$2,030,756
2019$198,042$168,588$1,659,028
2018$153,013$220,992$1,657,822
2017$132,734$129,339$1,700,928
2016$112,579$156,440$1,706,789

Top Funders

$22,998 (2023)
$21,876 (2021)
$2,500 (2021)
$89 (2023)

Key Personnel

From 2023 IRS 990 filing

V

Veronica Revels

President

Officer
C

Charles Carter

Trustee

M

Millicent Cash

Trustee

R

Reggie Wilson

Trustee

M

Michael Graves

Trustee

M

Melinda Freeman

Vice President

Officer
P

Patrick Mills

Trustee

Frequently Asked Questions

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    Burlington Development Corporation (EIN: 56-1878125) - Funders & 990 Data | Signal990