EIN 23-7117119

Moravian Developement Corporation

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
1971
Most recent tax filings
2024-12-01
Description
The Moravian Development Corporation's mission is to plan, construct, rehabilitate, improve, maintain, operate, and rent housing for lower income families, the elderly and handicapped families on a nonprofit basis.
Related structure
Moravian Developement Corporation is a subordinate organization under Moravian Village of Bethlehem.
Total revenues
$1,712,975
2024
Total expenses
$655,461
2024
Total assets
$15,739,744
2024
Num. employees
21
2024

Program areas at Moravian Developement Corporation

All costs associated with the operation and renting of housing to low income, elderly and handicapped individuals are reflected on Form 990 as rental expenditures and not program costs. Program costs consist of grants to other not for profit entities to support their mission outreach.

Grants made by Moravian Developement Corporation

GranteeGrant descriptionAmount
Bethlehem Area MoraviansTo Support Charitable Missions and Outreaches of the Bethlehem Area Moravians$75,000

Personnel at Moravian Developement Corporation

NameTitleCompensation
Daniel SoosChief Financial Officer
Mike GargantaVice President of MDC$85,650

Financials for Moravian Developement Corporation

RevenuesFYE 12/2024
Total grants, contributions, etc.$0
Program services$1,585,090
Investment income and dividends$137,920
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-805,111
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$795,076
Total revenues$1,712,975

Form 990s for Moravian Developement Corporation

Fiscal year endingDate received by IRSFormPDF link
2024-122025-02-24990View PDF
2023-122024-02-19990View PDF
2022-122023-03-07990View PDF
2021-122022-03-04990View PDF
2020-122021-05-24990View PDF
...and 10 more Form 990s
Data update history
April 20, 2025
Posted financials
Added Form 990 for fiscal year 2024
April 20, 2025
Updated personnel
Identified 2 new personnel
August 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsNo full-time employees
General information
Address
561 E Market St
Bethlehem, PA 18018
Metro area
Allentown-Bethlehem-Easton, PA-NJ
County
Northampton County, PA
Phone
(610) 866-1841
IRS details
EIN
23-7117119
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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