EIN 52-1260579

National Association of Development Companies (NADCO)

IRS 501(c) type
501(c)(6)
Num. employees
6
Year formed
1981
Most recent tax filings
2022-09-01
Description
We are the trade association for Certified Development Companies (CDCs), who deliver small business loans all over the nation: growing the economy and creating jobs.
Total revenues
$2,173,138
2022
Total expenses
$1,809,790
2022
Total assets
$2,973,194
2022
Num. employees
6
2022

Program areas at NADCO

Meetings: NADCO organizes industry meetings as forums for all CDC and affiliate members to come together to learn about many topics of interest to members - such as updates on congressional actions that may impact the SBA 504 program, actions or proposals by SBA, other financial or technical program issues, and items of general interest to members. NADCO generally holds one mid-year annual meeting and may offer one symposium per year.
Government Relations: One of NADCO's primary missions is to represent the CDC membership at various governmental levels. This includes both the Congress and the Small Business Administration. NADCO advises the staff of the House and Senate small business committees on industry and 504 concerns and recommends courses of action as needed when Congress is considering legislation affecting either the SBA or the 504 loan programs. NADCO also works closely with management and field staff of the SBA in developing and managing loan policies, regulations, and practices. Our objective is to ensure that reasonable policies are developed which do not hinder CDC abilities to deliver 504 to small businesses.
Professional Education: NADCO provides the only education for CDC staff and attorneys which focuses solely on the SBA 504 loan program. These courses are delivered in-person twice a year - once in conjunction with the annual meeting and once in the winter/early spring. These courses are generally two or three days, many of which require either industry and 504 experience, or prerequisites of certain NADCO courses. The courses focus on all aspects of 504 loan packaging, closing, servicing, and liquidation. NADCO also offers more limited on-line courses.

Personnel at NADCO

NameTitleCompensation
Rhonda PointonPresident and Chief Executive Officer$278,394
Mandy RobertsonSenior Vice President , Conferences and Operations$138,993
Denise RipleyVice President , Regulatory Affairs , Training and Support
Renee BenderVice President, Government Relations$110,250
Wayne WilliamsExecutive Vice President, Regulatory Affairs and Training$206,726
...and 12 more key personnel

Financials for NADCO

RevenuesFYE 09/2022
Total grants, contributions, etc.$0
Program services$1,943,996
Investment income and dividends$140,270
Tax-exempt bond proceeds$0
Royalty revenue$64,924
Net rental income$0
Net gain from sale of non-inventory assets$23,948
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,173,138

Form 990s for NADCO

Fiscal year endingDate received by IRSFormPDF link
2022-092023-02-02990View PDF
2021-092022-02-07990View PDF
2020-092021-06-30990View PDF
2019-092020-10-05990View PDF
2018-092019-05-14990View PDF
...and 8 more Form 990s
Data update history
June 23, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 8, 2023
Updated personnel
Identified 3 new personnel
May 10, 2023
Updated personnel
Identified 2 new personnel
April 27, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Crime and lawBusiness and industry
Characteristics
Memberships
General information
Address
10319 Westlake Dr Unit 197
Bethesda, MD 20817
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
nadco.org/default.aspx 
Phone
(202) 349-0070
Facebook page
NADCO504 
Twitter profile
@nadco504 
IRS details
EIN
52-1260579
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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