Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 65-0548855

MOUNT OLIVE DEVELOPMENT CORPORATION

Also known as MODCO

Tax-exempt · FORT LAUDERDALE, FL 33311

Financials

$860K$864K2023$821K$763K2024$1.1M$871K2025
Revenue Expenses · by fiscal year end
Financials of MOUNT OLIVE DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,093,815$871,207$222,608$2,023,418$618,213$1,405,205
December 31, 2024990$820,550$762,797$57,753$1,719,551$536,954$1,182,597
December 31, 2023990$859,812$864,297-$4,485$1,721,096$596,252$1,124,844
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$956,769
of which government grants
$847,904
Program service revenue
$79,378
Investment income
$0
Other revenue
$57,668

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$407,474
Salaries, compensation and benefits (total)
$407,474
Professional fundraising fees
$0
Accounting fees
$87,273
Occupancy
$44,818
Travel
$1,587
Depreciation
$59,176
Program services (functional)
$686,239
Management and general (functional)
$152,880
Fundraising (functional)
$32,088

Balance sheet and other

Total assets, start of year
$1,719,551
Total assets, end of year
$2,023,418
Total liabilities, end of year
$618,213
Net assets, end of year
$1,405,205
Land, buildings and equipment
$1,662,294
Net assets without donor restrictions
$1,405,205
Gross receipts
$1,093,815
Employees
7
Year formed
1999
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.

NameTitleHours / weekCompensation
Rosalind OsgoodExecutive Director
Key employee
40$129,291
Johnae MannSecretary
Trustee or director
2$0
Dr Heidi RichardsBoard Member
Trustee or director
2$0
Shanon ScottBoard Member
Trustee or director
2$0
Adeline RobertsBoard Member
Trustee or director
0$0
Rodney RawlsBoard Member
Trustee or director
0$0
Beverly Baker-JacksonBoard Member
Trustee or director
0$0
Brandy SmithBoard Member
Trustee or director
0$0
Gail BouieBoard Member
Trustee or director
0$0
Jamie PollockBoard Member
Trustee or director
0$0
Kelly ScurryBoard Member
Trustee or director
0$0
Jacqueline BennefieldTreasurer
Officer
2$0
Linda BrownChairperson
Officer
2$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Johnae MannSecretary
Trustee or director
2$0
Dr Heidi RichardsBoard Member
Trustee or director
2$0
Shanon ScottBoard Member
Trustee or director
2$0
Jacqueline BennefieldTreasurer
Officer
2$0
Monique CorkerBoard Member
Officer
2$0
Linda BrownChairperson
Officer
2$0
Candice OdomVice Chairperson
Officer
2$0
Rosalind OsgoodExecutive Director
Key employee
40$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Johnae MannSecretary
Trustee or director
2$0
Roselyn HonyghanBoard Member
Trustee or director
2$0
Shanon ScottBoard Member
Trustee or director
2$0
Dr Heidi RichardsBoard Member
Trustee or director
2$0
Candice OdomVice Chairperson
Officer
2$0
Monique CorkerBoard Member
Officer
2$0
Jacqueline BennefieldTreasurer
Officer
2$0
Candice AlstonBoard Member
Officer
2$0
Linda BrownChairperson
Officer
2$0
Rosalind OsgoodExecutive Director
Key employee
40$0

Address and contacts

Address (IRS master file)
1530 NW 6TH STREET, FORT LAUDERDALE, FL 33311-7891
In care of
% ROSALIND OSGOOD
Signed the 990
ROSALIND OSGOOD, President
Phone
(954) 764-6488
Return prepared by
ANTHONY BRUNSON PA

Mission

The primary purpose is revitalize low and moderate income communities of Broward County by providing affordable housing, social services and job opportunities

990 for the year ended December 31, 2025

Program accomplishments

  • Provide affordable housing and jobs to disabled, homeless, and low income persons. Also assisted with job creation and placement
    Expenses $686,239

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
65-0548855
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,023,418
Income (IRS master file)
$1,093,815

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,093,815$871,207$2,023,418XML
990December 2024$820,550$762,797$1,719,551XML
990December 2023$859,812$864,297$1,721,096XML
990December 2022$873,131$880,045$1,772,579IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 65-0548855).

Questions about MOUNT OLIVE DEVELOPMENT CORPORATION

What is the EIN of MOUNT OLIVE DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MOUNT OLIVE DEVELOPMENT CORPORATION is 65-0548855.
Is MOUNT OLIVE DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MOUNT OLIVE DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOUNT OLIVE 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 MOUNT OLIVE 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 MOUNT OLIVE 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 are the officers and directors of MOUNT OLIVE DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $129,291 (Rosalind Osgood, Executive Director).
How much revenue does MOUNT OLIVE DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,093,815, expenses of $871,207 and total assets of $2,023,418 at year end.

Other nonprofits in FORT LAUDERDALE

All nonprofits in FORT LAUDERDALE · Florida · Community improvement and capacity building