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Filing year 2023

Burlington Development Corporation

Burlington, North Carolina·EIN 56-1878125·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$3.2M
Total assets
$20.3M
Total expenses
$2.3M
Reported officers
7
Mission

BDC'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. BDC strives to change the public housing culture, values and behavior through positive incentives doe resident self-sufficiency, providing programs and services that empower residents and collaboration and partnerships throughout the community to meet that end.

Reported officers (all unpaid)

No paid executives reported in 2023. Burlington Development Corporation reported 7 unpaid officers and board members on its 990.

President
Trustee
Trustee
Trustee
Trustee
Vice President
Trustee

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

Burlington Development Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$152k
$188k
2022
$3.2M
$2.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in North Carolina

Burlington Development Corporation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in North Carolina earns a median of $68,764.

25th percentile
$39k
Median
$68,764
75th percentile
$112k
90th percentile
$167k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 180 organizations across 180 filings (2022 – 2024).

See full Housing & Shelter pay data for North Carolina
FAQ

Common questions about Burlington Development Corporation

What are Burlington Development Corporation's revenue and expenses?

In 2023, Burlington Development Corporation reported $3.2M in total revenue and $2.3M in total expenses on its IRS Form 990.

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