Mpower Development Corp.

Fiscal year ending 2025. Filed on November 6, 2025.

1415 Fairmount Ave Suite 241
Philadelphia, Pennsylvania 19130

Mpower Development Corp. (EIN: 46-2668689) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Mpower Development Corp., a 501(c)(2) title-holding organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $298,928. The highest compensated employee at Mpower Development Corp. is Sister Mary Scullion with fiscal year 2025 compensation of $406,385.

Revenue, expenses, and employee compensation

Revenue

$783,960

Expenses

$566,339

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

THE CORPORATION'S MISSION IS TO HOLD TITLE TO PROPERTY, COLLECT RENT THEREFROM AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO AN ORGANIZATION WHICH ITSELF IS EXEMPT UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

Revisions to this organization profile

November 6, 2025:
2025 Mpower Development Corp. 990 filed
October 25, 2024:
2024 Mpower Development Corp. 990 filed
September 22, 2023:
2023 Mpower Development Corp. 990 filed

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