Global Development Network Corporation is located in Madison, WI. The organization was established in 2003. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Development Network Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Global Development Network Corporation generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $57.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byung Chung Director | 1 | $0 | |
Catherine Barsotti Director | 1 | $0 | |
Joyce Boggess Director | 1 | $0 | |
James Gustafson President | 40 | $28,500 | |
Ho Kim Vice Preside | 2 | $0 | |
Mark Hanson Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,711 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,711 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,328 |
| Professional fees and other payments to independent contractors | $929 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,000 |
| Total expenses | $57,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,817 |
| Other assets | $0 |
| Total assets | $9,417 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,417 |