EIN 65-0548855

Mount Olive Development Corporation (MODCO)

IRS 501(c) type
501(c)(3)
Num. employees
6
State
Year formed
1999
Most recent tax filings
2022-12-01
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
$873,131
2022
Total expenses
$880,045
2022
Total assets
$1,772,579
2022
Num. employees
6
2022

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
Community Foundation of BrowardDignity in Aging Itm$50,000
United Way of Broward CountyGeneral Support$26,667
HFSF Grants Management (HFSF)Covid Relief: Black Community Vaccine Engagement (Phase 2 - Continuation)$8,771
...and 2 more grants received

Personnel at MODCO

NameTitleCompensation
Rosalind OsgoodPresident$115,125
Jacqueline StewartDirector of Operations
Rodney KingFacilities Manager
Candice AlstonBoard Member$0
Candice OdomVice Chairperson$0
...and 5 more key personnel

Financials for MODCO

RevenuesFYE 12/2022
Total grants, contributions, etc.$735,188
Program services$69,343
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$68,600
Total revenues$873,131

Form 990s for MODCO

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-19990View PDF
2021-122022-06-30990View PDF
2020-122021-06-08990View PDF
2019-122021-01-21990View PDF
2018-122019-06-19990View PDF
...and 8 more Form 990s
Data update history
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
June 30, 2023
Updated personnel
Identified 6 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementHomelessnessEconomic development
Characteristics
State / local levelReceives government fundingTax deductible 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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