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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Development Ventures Inc.

Development Ventures Inc.

Fiscal year ending 2022. Filed on November 10, 2023.

330 E Main Street
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 2022 IRS Form 990 filing, Development Ventures Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $143,179. The highest compensated employee at Development Ventures Inc. is Anthony Scott with fiscal year 2022 compensation of $209,740.

Revenue, expenses, and employee compensation

Revenue

$244,976

Expenses

$361,617

Employee compensation

$14,276
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Anthony Scott
Chief Executive Officer
$209,740
$0 $209,740 No other comp
Denita Johnson
Chief Operating Officer
$148,446
$0 $148,446 No other comp
Anthony Snell
Development Director
$129,774
$0 $129,774 No other comp
Ralph Staley
Chief Financial Officer
$126,309
$0 $126,309 No other comp
Dominique Dunn
Housing Director
$101,625
$0 $101,625 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Angela Holmes
Director
Christine Westfall
Chair
Daniel C Hudgins
Director
Jillian Johnson
City Liaison
Kimberly Williams
Chair
Mayme Webb-Bledsoe
Director
Pebbles Lucas
Director
Robert Glenn
Director
Torrell Armstrong
Director

Mission Statement

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

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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