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DEVELOPMENT VENTURES INC

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Public nonprofit record

DEVELOPMENT VENTURES INC

EIN 56-1461066 · Housing Support (L80)

What they do

THE MISSION of DEVELOPMENT VENTURES INCORPORATED is to DEVELOP and OPERATE AFFORDABLE HOUSING COMMUNITIES SERVING RESIDENTS of DURHAM, NORTH CAROLINA.

Money

Financial picture

Tax year 2024
Revenue$4,862,543
Expenses$2,315,861
Assets$23,990,842
Income$4,951,372
Contributions$3,311,032
Management$130,198
Accounting fees$15,335

About this charity

Recognized since
January 1986
Location
423 MORRIS STREET SUITE 200, DURHAM, NC 27701
County
Durham
In care of
RALPH STALEY
Primary officer
RALPH STALEY, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
NOVOGRADAC & COMPANY LLP
NTEE classification
Housing Support (L80)
IRS tax category
Housing Support
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
398381000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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