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Maryland · Nonprofit

National Association of Development Companies

National Association of Development Companies (Maryland) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being FLORIDA BUSINESS DEVELOPMENT CORP ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
1
Grants received
$10k
Net assets
$3.0M
0/1 repeat funders
01What it does

What National Association of Development Companies does

Mission

NADCO provides a medium through which members can confer, consult, and cooperate with governmental or other agencies in solving problems affecting members.

As stated on its FY2025 Form 990.

Programs

  1. Meetings: NADCO organizes industry meetings as forums for all CDC and affiliate members to come together to learn about many topics of interest to members - such as updates on congressional actions that may impact the SBA 504 program, actions or proposals by SBA, other financial or technical program issues, and items of general interest to members. NADCO generally holds one mid-year annual meeting and may offer one symposium per year.

  2. Professional Education: NADCO provides the only education for CDC staff and attorneys which focuses solely on the SBA 504 loan program. These courses are delivered in-person twice a year - once in conjunction with the annual meeting and once in the winter/early spring. These courses are generally two or three days, many of which require either industry and 504 experience, or prerequisites of certain NADCO courses. The courses focus on all aspects of 504 loan packaging, closing, servicing, and liquidation. NADCO also offers more limited on-line courses.

  3. Government Relations: One of NADCO's primary missions is to represent the CDC membership at various governmental levels. This includes both the Congress and the Small Business Administration. NADCO advises the staff of the House and Senate small business committees on industry and 504 concerns and recommends courses of action as needed when Congress is considering legislation affecting either the SBA or the 504 loan programs. NADCO also works closely with management and field staff of the SBA in developing and managing loan policies, regulations, and practices. Our objective is to ensure that reasonable policies are developed which do not hinder CDC abilities to deliver 504 to small businesses.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($1.9M) Net assets 100 ($2.0M)2018 Revenue 98 ($1.9M) Expenses 103 ($1.9M) Net assets 98 ($2.0M)2019 Revenue 104 ($2.0M) Expenses 108 ($2.0M) Net assets 93 ($1.9M)2020 Revenue 100 ($1.9M) Expenses 105 ($1.9M) Net assets 97 ($2.0M)2021 Revenue 110 ($2.1M) Expenses 85 ($1.6M) Net assets 114 ($2.3M)2022 Revenue 115 ($2.2M) Expenses 97 ($1.8M) Net assets 117 ($2.4M)2023 Revenue 122 ($2.3M) Expenses 123 ($2.3M) Net assets 125 ($2.5M)2024 Revenue 138 ($2.6M) Expenses 129 ($2.4M) Net assets 154 ($3.1M)2025 Revenue 153 ($2.9M) Expenses 146 ($2.7M) Net assets 151 ($3.0M)
'17'18'19'20'21'22'23'24'25
Revenue (153)Expenses (146)Net assets (151)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.3M to $3.9M (+21%).

$2.6M
$2.6M
$2.5M
$2.4M
$2.8M
$3.0M
$3.3M
$3.9M
$4.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$28k
’17
−$54k
’18
−$40k
’19
−$62k
’20
$506k
’21
$363k
’22
$14k
’23
$204k
’24
$167k
’25
4.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rhonda Pointon

President and CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed222222232223222323
Joined·+3+1+5+2+4+2+5+5
No longer listed·31433345
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of National Association of Development Companies’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

National Association of Development Companies draws 100% of its grant income from funders outside Maryland, across 1 state in all.

FL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like National Association of Development Companies

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

19
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Development Company Funding Corporation · exempt
  • Development Company Finance LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for National Association of Development Companies: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds National Association of Development Companies?
National Association of Development Companies (Maryland) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being FLORIDA BUSINESS DEVELOPMENT CORP ($10,000). 0 of them have funded it in more than one year.
How many funders does National Association of Development Companies have?
IRS filings report 1 organization giving $10,000 in grants to National Association of Development Companies.
Who is the largest funder of National Association of Development Companies?
FLORIDA BUSINESS DEVELOPMENT CORP is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like National Association of Development Companies find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing