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EIN 65-0548855

Mount Olive Development Corporation (MODCO)

IRS 501(c) type
501(c)(3)
Num. employees
13
City
Fort Lauderdale
State
Florida
Year formed
1999
Most recent tax filings
2023-12-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Mount Olive Development Corporation revitalizes low and moderate income communities in Broward County by providing affordable housing, social services and job opportunities. They offer affordable housing options and job opportunities to disabled, homeless and low-income individuals while also assisting with job creation and placement. Their location is in Fort Lauderdale, FL.
Total revenues
$859,812
2023
Total expenses
$864,297
2023
Total assets
$1,721,096
2023
Num. employees
13
2023

Program areas at MODCO

Provide affordable housing and jobs to disabled, homeless, and low income persons. Also assisted with job creation and placement

Who funds Mount Olive Development Corporation (MODCO)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Broward CountyGeneral Support$25,000
Health Foundation of South Florida (HFSF)Covid Relief: Black Community Vaccine Engagement (Phase 2 - Continuation)$8,771
The Smile Trust$2,000
...and 1 more grant received

Personnel at MODCO

NameTitleCompensation
Rosalind OsgoodPresident$0
Candice AlstonBoard Member$0
Jacqueline BennefieldTreasurer$0
Candice OdomVice Chairperson$0
Linda BrownChairperson$0
...and 4 more key personnel

Financials for MODCO

RevenuesFYE 12/2023
Total grants, contributions, etc.$703,192
Program services$84,322
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$72,298
Total revenues$859,812

Form 990s for MODCO

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-31990View PDF
2022-122023-05-19990View PDF
2021-122022-06-30990View PDF
2020-122021-06-08990View PDF
2019-122021-01-21990View PDF
...and 9 more Form 990s
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from United Way of Broward County
December 27, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Community Foundation of Broward
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementHomelessnessEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1530 NW 6th St
Fort Lauderdale, FL 33311
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Broward County, FL
Website URL
modcocares.org/ 
IRS details
EIN
65-0548855
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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