Development Ventures Inc.

Fiscal year ending 2024. Filed on November 7, 2025.

423 Morris Street Suite 200
Durham, North Carolina 27701

Development Ventures Inc. (EIN: 56-1461066) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Development Ventures Inc., a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $134,050. The highest compensated employee at Development Ventures Inc. is Anthony Scott with fiscal year 2024 compensation of $209,607.

Revenue, expenses, and employee compensation

Revenue

$4,862,543

Expenses

$2,315,861

Employee compensation

$108,755
Revenue, expenses, and employee compensation over time

Mission Statement

THE MISSION OF DEVELOPMENT VENTURES INCORPORATED IS TO DEVELOP AND OPERATE AFFORDABLE HOUSING COMMUNITIES SERVING RESIDENTS OF DURHAM, NORTH CAROLINA.

Other organizations also named Development Ventures

Revisions to this organization profile

November 7, 2025:
2024 Development Ventures Inc. 990 filed
November 15, 2024:
2023 Development Ventures Inc. 990 filed
November 10, 2023:
2022 Development Ventures Inc. 990 filed

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