Nonprofit · EIN 20-1669599
PUNTA GORDA DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · PUNTA GORDA, FL 33950
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $125,459 | $131,075 | -$5,616 | $618,103 | $9,811 | $608,292 |
| December 31, 2024 | 990 | $121,871 | $150,988 | -$29,117 | $622,319 | $8,411 | $613,908 |
| December 31, 2023 | 990 | $270,292 | $186,864 | $83,428 | $652,535 | $9,511 | $643,024 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $125,459
- Other revenue
- $125,459
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $37,788
- Depreciation
- $38,089
- Program services (functional)
- $109,389
- Management and general (functional)
- $21,686
Balance sheet and other
- Total assets, start of year
- $622,319
- Total assets, end of year
- $618,103
- Total liabilities, end of year
- $9,811
- Net assets, end of year
- $608,292
- Land, buildings and equipment
- $435,736
- Net assets without donor restrictions
- $608,292
- Gross receipts
- $125,459
- Employees
- 11
- Volunteers
- 0
- Year formed
- 2025
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kurt Pentelecuc | Secretary Officer | 10 | $0 |
| Della Booth | Chair Officer | 10 | $0 |
| Sheila Dabney | Commissioner Officer | 2 | $0 |
| Sherri Washington | Commissioner Officer | 2 | $0 |
| Jacqueline Benjamin | Commissioner Officer | 2 | $0 |
| Nicholas Worden | Commissioner Officer | 2 | $0 |
| Alexia Martin | Commissioner Officer | 2 | $0 |
| Kevin Shaw | Vice Chair Officer | 2 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kurt Pentelecuc | Secretary Officer | 10 | $0 |
| Della Booth | Chair Officer | 10 | $0 |
| Sheila Dabney | Commissioner Officer | 2 | $0 |
| Sherri Washington | Commissioner Officer | 2 | $0 |
| Jacqueline Benjamin | Commissioner Officer | 2 | $0 |
| Nicholas Worden | Commissioner Officer | 2 | $0 |
| Alexia Martin | Commissioner Officer | 2 | $0 |
| Kevin Shaw | Vice Chair Officer | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kurt Pentelecuc | Secretary Trustee or director | 10 | $0 |
| Della Booth | Chair Officer | 2 | $0 |
| Sheila Dabney | Commissioner Officer | 2 | $0 |
| Sherri Washington | Commissioner Officer | 2 | $0 |
| Jacqueline Benjamin | Commissioner Officer | 2 | $0 |
| Nicholas Worden | Commissioner Officer | 2 | $0 |
| Alexia Martin | Commissioner Officer | 2 | $0 |
| Kevin Shaw | Vice Chair Key employee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 340 GULF BREEZE AVE, PUNTA GORDA, FL 33950-5634
- In care of
- % KURTIS PENTELECUC
- Mailing address (990-N for 2014)
- 340 Gulf Breeze Ave, Punta Gorda FL 33950
- Principal officer (990 for 2025)
- Kurt Pentelecuc, 340 Gulf Breeze Avenue, Punta Gorda, FL 33950
- Principal officer (990-N for 2014)
- Loraine Helber, 340 Gulf Breeze Ave, Punta Gorda FL 33950
- Signed the 990
- Kurt Pentelecuc, Executive Director
- Phone
- (941) 639-4344
- Website
- www.puntagordaha.org
Mission
To provide and develop affordable housing opportunities for and to engage in or assist in the development or operation of affordable housing for persons of low and moderate income, including families, elderly, and/or handicapped persons primarily located in, but not limited to, Punta Gorda, Florida and also developments in the surrounding areas.
Program accomplishments
- The units are and will be rented to low income families of the area. Maintenance or unit turn around, cleaning, painting, landscaping, HVAC, pest control etc., are all costs that are needed to prepare the units for occupancy.Expenses $33,512 · revenue $33,512
- Maintenance materials and utilities are needed for the upkeep on the affordable units. Insurance on the units is required and needed in case of a disaster.Expenses $37,788 · revenue $37,788
- Depreciation Expense is from the affordable housing units.Expenses $38,089 · revenue $38,089
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1669599
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L11)
- Assets (IRS master file)
- $618,103
- Income (IRS master file)
- $125,459
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $125,459 | $131,075 | $618,103 | XML |
| 990 | December 2024 | $121,871 | $150,988 | $622,319 | XML |
| 990 | December 2023 | $270,292 | $186,864 | $652,535 | XML |
| 990 | December 2022 | $94,198 | $99,469 | $568,907 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2014 Officer: Loraine Helber | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1669599).
Questions about PUNTA GORDA DEVELOPMENT CORPORATION
- What is the EIN of PUNTA GORDA DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PUNTA GORDA DEVELOPMENT CORPORATION is 20-1669599.
- Is PUNTA GORDA DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to PUNTA GORDA DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PUNTA GORDA DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PUNTA GORDA DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PUNTA GORDA DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PUNTA GORDA DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names Kurt Pentelecuc.
- Who are the officers and directors of PUNTA GORDA DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PUNTA GORDA DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $125,459, expenses of $131,075 and total assets of $618,103 at year end.
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- OPEN SATS INITIATIVE INC EIN 85-2722249 · last filed 990 for 2024
- CHARLOTTE BEHAVIORAL HEALTH CARE INC EIN 59-1234922 · last filed 990 for 2025
- ISLES YACHT CLUB INC EIN 59-1673859 · last filed 990 for 2026
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