Developing Economic Opportunities Community Development Corporation
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 83-4487587
Organization Overview
Developing Economic Opportunities Community Development Corporation is located in Washington, DC. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Developing Economic Opportunities Community Development 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 12/2023, Developing Economic Opportunities Community Development Corporation generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $72.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antoniese Ruffin CEO & Chair | 10 | $0 | |
Andrece Bassett Secretary | 2 | $0 | |
Keeon Bassett Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,224 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $90 |
| Total Revenue | $51,314 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $43,500 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,776 |
| Total expenses | $72,276 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,145 |
| Other assets | $0 |
| Total assets | $27,145 |
| Total liabilities | $6,000 |
| Net assets or fund balances | $21,145 |