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Florida Development Finance Corporation

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Summary charts: organization finances over time

Revenue
$2.89M (2023)

Expenses
$1.49M (2023)

Total Assets
$8.37M (2023)

Total Liabilities
$269k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,893,381
Expenses
$1,492,227
Net Income
$1,401,154
Net Assets
$8,105,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,812,154
97.2%
Investment Income $81,227
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $355,445
23.8%
Professional Fundraising Fees $0
Other Salaries and Wages $274,084
18.4%
Assets/Debt
Total Assets $8,374,240
Total Liabilities $268,883
Net Assets $8,105,357
Compensation
Key Employees and Officers Compensation Related Other
William Bill Spivey Jr (Executive Director (Term 07/18/22)) $163,357 $0 $26,273
Ryan Bartkus (Sr. Director, Programs) $95,805 $0 $31,712
Marc Adler (Executive Director (Start 12/30/22)) $82,385 $0 $13,094
Michael Dinapoli (Chair) $0 $0 $0
J Nelson Bradshaw (Director) $0 $0 $0
Charbel Barakat (Director) $0 $0 $0
Moshe Popack (Director) $0 $0 $0
Taylor Smith (Director) $0 $0 $0
J Michael Quijano (Director) $0 $0 $0
Ben Watkins (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,600,952
Expenses
$1,542,604
Net Income
$2,058,348
Net Assets
$6,704,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,593,721
99.8%
Investment Income $7,231
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $362,522
23.5%
Professional Fundraising Fees $0
Other Salaries and Wages $316,996
20.5%
Assets/Debt
Total Assets $7,090,461
Total Liabilities $386,258
Net Assets $6,704,203
Compensation
Key Employees and Officers Compensation Related Other
William Bill Spivey Jr Term (Executive Director/Secretary) $188,736 $0 $40,952
Ryan Bartkus (Pace Director/Assistant Secretary) $108,588 $0 $32,042
Michael Dinapoli (Chair) $0 $0 $0
J Nelson Bradshaw (Director) $0 $0 $0
Ayanna M Louis Charles (Director) $0 $0 $0
Moshe Popack (Director) $0 $0 $0
Andrew Russell (Director) $0 $0 $0
Heather Shubirg (Director) $0 $0 $0
Paul C Tanner (Director) $0 $0 $0
Ben Watkins (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,582,006
Expenses
$1,374,780
Net Income
$1,207,226
Net Assets
$4,645,855
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,577,509
99.8%
Investment Income $4,497
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $357,625
26.0%
Professional Fundraising Fees $0
Other Salaries and Wages $282,693
20.6%
Assets/Debt
Total Assets $4,673,672
Total Liabilities $27,817
Net Assets $4,645,855
Compensation
Key Employees and Officers Compensation Related Other
William Bill Spivey Jr (Executive Director/Secretary) $179,039 $0 $37,790
Ryan Bartkus (Pace Director/Assistant Secretary) $104,562 $0 $29,715
Michael Dinapoli (Chair) $0 $0 $0
Ayanna Louis Charles (Treasurer) $0 $0 $0
J Nelson Bradshaw (Director) $0 $0 $0
Moshe Popack (Director) $0 $0 $0
Andrew Russell (Director) $0 $0 $0
Heather Shubirg (Director) $0 $0 $0
Ben Watkins (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,390,502
Expenses
$1,322,176
Net Income
$68,326
Net Assets
$3,438,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,341,416
96.5%
Investment Income $49,086
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $251,288
19.0%
Professional Fundraising Fees $0
Other Salaries and Wages $225,359
17.0%
Assets/Debt
Total Assets $3,466,366
Total Liabilities $27,737
Net Assets $3,438,629
Compensation
Key Employees and Officers Compensation Related Other
Bill Spivey (Executive Director/Secretary) $146,462 $0 $33,325
Ryan Bartkus (Pace Director/Assistant Secretary) $104,827 $0 $28,256
J Nelson Bradshaw (Chair) $0 $0 $0
Paul Tanner (Vice Chair) $0 $0 $0
Ayanna Louis Charles (Director) $0 $0 $0
Rebecca Reynolds (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,813,725
Expenses
$1,561,184
Net Income
$2,252,541
Net Assets
$3,370,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,793,144
99.5%
Investment Income $20,581
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $338,017
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $190,134
12.2%
Assets/Debt
Total Assets $3,393,919
Total Liabilities $23,616
Net Assets $3,370,303
Compensation
Key Employees and Officers Compensation Related Other
William F Spivey Jr (Executive Director/Secreta) $209,512 $0 $37,493
Ryan Bartkus (Asst Secretary) $81,200 $0 $24,901
Daniel Davis (Chairman) $0 $0 $0
Kevin Hale (Vice Chairman) $0 $0 $0
J Nelson Bradshaw (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$973,672
Expenses
$946,627
Net Income
$27,045
Net Assets
$1,117,762
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $973,672
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,124
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $33,231
3.5%
Assets/Debt
Total Assets $1,154,640
Total Liabilities $36,878
Net Assets $1,117,762
Compensation
Key Employees and Officers Compensation Related Other
William F Spivey Jr (Executive Director/Secreta) $126,332 $0 $24,792
Daniel Davis (Chairman) $0 $0 $0
Kevin Hale (Vice Chairman) $0 $0 $0
J Nelson Bradshaw (Treasurer) $0 $0 $0
Ryan Tennyson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$612,894
Expenses
$991,375
Net Income
-$378,481
Net Assets
$1,090,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $612,894
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $144,910
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,325,210
Total Liabilities $234,493
Net Assets $1,090,717
Compensation
Key Employees and Officers Compensation Related Other
William F Spivey Jr (Executive Director/Secretary) $126,990 $0 $17,920
Daniel Davis (Chairman) $0 $0 $0
Kevin Hale (Vice Chairman) $0 $0 $0
J Nelson Bradshaw (Treasurer) $0 $0 $0
Ryan Tennyson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,011,366
Expenses
$765,990
Net Income
$245,376
Net Assets
$1,469,198
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,011,366
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,385
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,578,461
Total Liabilities $109,263
Net Assets $1,469,198
Compensation
Key Employees and Officers Compensation Related Other
Bill Spivey (Executive Director/Secreta) $0 $113,440 $26,108
Ryan Bartkus (Program Manager) $0 $0 $0
David Rodriguez (Assistant Secretary) $0 $0 $0
Rodney Ownby (Treasurer) $0 $0 $0
Frank White (Director) $0 $0 $0
Daniel Davis (Director) $0 $0 $0
Kevin Hale (Director) $0 $0 $0
Ryan Tennyson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$553,231
Expenses
$358,393
Net Income
$194,838
Net Assets
$1,223,822
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $552,268
99.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $963
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,243,984
Total Liabilities $20,162
Net Assets $1,223,822
Compensation
Key Employees and Officers Compensation Related Other
William Jones (Director) $0 $0 $0
Pete Tesch (Director) $0 $0 $0
Rebecca Reynolds (Director) $0 $0 $0
Frank Dibello (Director) $0 $0 $0
Bill Spivey (Executive Director/Secretary) $0 $107,750 $24,485
Louis Laubscher (President/Asst. Secretary) $0 $173,777 $29,205
Pamela Murphy (Treasurer/Asst. Secretary) $0 $109,000 $12,781

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$305,079
Expenses
$117,075
Net Income
$188,004
Net Assets
$1,028,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $303,963
99.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,116
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,040,872
Total Liabilities $11,888
Net Assets $1,028,984
Compensation
Key Employees and Officers Compensation Related Other
Frank Dibello (Director) $0 $0 $0
Pete Tesch (Director) $0 $0 $0
Rebecca Reynolds (Director) $0 $0 $0
William C Jones (Director) $0 $0 $0
Bill Spivey (Executive Director/Secretary) $0 $78,019 $20,107
Louis Laubscher (President/Asst. Secretary) $0 $165,821 $28,358
Pamela Murphy (Treaurer/Asst. Secretary) $0 $113,846 $17,570

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$150,023
Expenses
$104,451
Net Income
$45,572
Net Assets
$840,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $149,570
99.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $453
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $853,689
Total Liabilities $12,709
Net Assets $840,980

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$179,200
Expenses
$75,936
Net Income
$103,264
Net Assets
$795,408
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $175,632
98.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,568
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,097,739
Total Liabilities $302,331
Net Assets $795,408

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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