Burlington Development Corporation

Housing & shelter organization based in Burlington, NC.0 Exempt under §501(c)(3).

MissionBDC's goals and objectives are to engage in or assist in development, financing and/or the operation of housing for low-income people and families and to provide supportive services necessary for the residents to become academically successful and economically self-sufficient.

Financial snapshot · TY 2023

$3.2M
Total revenue
$2.3M
Total expenses
$20.3M
Net assets

Financial health · TY 2023

94
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
74.3 months of expenses
Program efficiency
98
89.1% spent on programs
Revenue diversity
76
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Burlington Development Corporation Executive Compensation | 990 Data | DoubleNine