DEVELOPMENT CORPORATION OF AUSTIN

As filed

Subsection

06

Classification

2300

Street

329 N MAIN ST STE 106L

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 106L). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• AUSTIN COMMUNITY CHARITABLE FUND

  EIN 36-3487772

• AUSTIN COMMUNITY GROWTH VENTURES

  EIN 47-5042107

Mission and programs · 2024

• DCA'S SMALL BUSINESS DEVELOPMENT CENTER (SBDC) SATELLITE OFFICE PROVIDES PROFESSIONAL BUSINESS ADVICE AT NO COST TO THE CLIENT IN SUCH AREAS AS: ACCESS TO CAPITAL AND LOAN PACKAGING; FINANCIAL ANALYSIS AND ASSESSMENT; ACCOUNTING SYSTEMS AND LITERACY; MARKETING AND RESEARCH; MARKETING PLAN DEVELOPMENT; FEASIBILITY ANALYSIS; STARTUP ASSISTANCEBUSINESS PLAN DEVELOPMENT; ELECTRONIC COMMERCE/WEB SITE DEVELOPMENT, SUCCESSION AND STRATEGIC PLANNING.

• DCA SUPPORTING ORGANIZATION, AUSTIN COMMUNITY GROWTH VENTURES, OPERATES LAUNCH (CO-OFFICING SPACE) AND STARTUP FACTORY (INTENSIVE BUSINESS DEVELOPMENT SUPPORT AND COMMERCIALIZATION GUIDANCE).DCA SUPPORTING ORGANIZATION, AUSTIN COMMUNITY CHARITABLE FUND, SUPPORTS AUSTIN AREA MINORITY BUSINESS PROJECT. THIS PROJECT PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT LEGAL SERVICES TO IMMIGRANT AND MINORITY BUSINESS OWNERS AND EMPLOYEES IN THE AREA OF AUSTIN, MINNESOTA. COMPREHENSIVE SERVICES UNDER THIS PROJECT PROVIDE BUSINESS TECHNICAL LEGAL SUPPORT AND EDUCATION, IMMIGRATION LEGAL SERVICES, HOLISTIC PRO BONO LEGAL SERVICES, AND LONGITUDINAL, HOLISTIC EVALUATION AND OUTCOME ANALYSIS. PARTNERS PROVIDING THESE SERVICES ARE THE DEVELOPMENT CORPORATION OF AUSTIN, IMMIGRANT LAW CENTER OF MINNESOTA, THE BALLARD SPAHR PRO BONO TEAM, AND HISPANIC ADVOCACY AND COMMUNITY EMPOWERMENT THROUGH RESEARCH, WHOSE SERVICES OCCUPY DISTINCT PROJECT ROLES.DCA SUPPORTING ORGANIZATION AUSTIN COMMUNITY CHARITABLE FUND SUPPORTS COMMUNITY DEVELOPMENT AND QUALITY OF LIFE PROJECTS THROUGH IMPACT AUSTIN. IMPACT AUSTIN WILL ENSURE DIVERSE COMMUNITY INVOLVEMENT IN THE CITY OF AUSTIN'S AND MOWER COUNTY'S COMPREHENSIVE PLAN IN 2024-2025.

• THE PURPOSE OF THE FORGIVABLE LOAN PROGRAM WILL BE TO PROVIDE FOR THE PROMOTION AND CONTINUATION OF EXISTING LIFESTYLE BUSINESSES WITHIN MOWER COUNTY. MOST OF THESE BUSINESSES ARE OWNED AND OPERATED BY ONE INDIVIDUAL OR A FAMILY. THE FORGIVABLE LOAN/GRANT PROGRAM WILL PROVIDE AN INCENTIVE FOR A NEW INDIVIDUAL TO PURCHASE AN EXISTING LIFESTYLE BUSINESS AND CONTINUE OPERATIONS. A LIFESTYLE BUSINESS IS DEFINED AS A FOR PROFIT BUSINESS IN WHICH THE OWNER WILL BE TREATING THE BUSINESS AS THEIR FULL-TIME JOB.

• THE PURPOSE OF THE REAL ESTATE FUND IS TO INVEST IN REAL ESTATE DEVELOPMENT AND REDEVELOPMENT PROJECTS THAT HAVE A COMMUNITY IMPACT WHILE ALSO ACHIEVING 8%-12% RETURNS FOR INVESTORS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $577,332

  Expenses

  $579,295

  Contributions

  $132,581

  Grants paid

  $0

• 2023

  Revenue

  $507,725

  Expenses

  $559,275

  Contributions

  $132,373

  Grants paid

  $0

• 2022

  Revenue

  $505,143

  Expenses

  $434,896

  Contributions

  $134,130

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $390,369

  Expenses

  $365,791

  Assets (EOY)

  $3,827,061

• 2020 · 990

  Revenue

  $438,202

  Expenses

  $392,892

  Assets (EOY)

  $2,687,696

• 2019 · 990

  Revenue

  $432,207

  Expenses

  $444,237

  Assets (EOY)

  $2,748,438

• 2018 · 990

  Revenue

  $478,588

  Expenses

  $473,836

  Assets (EOY)

  $2,852,563

• 2017 · 990

  Revenue

  $482,767

  Expenses

  $483,060

  Assets (EOY)

  $3,088,516

• 2016 · 990

  Revenue

  $295,298

  Expenses

  $360,357

  Assets (EOY)

  $3,242,200

• 2015 · 990

  Revenue

  $132,882

  Expenses

  $435,901

  Assets (EOY)

  $3,460,774

• 2014 · 990

  Revenue

  $311,277

  Expenses

  $552,910

  Assets (EOY)

  $3,868,251

• 2013 · 990

  Revenue

  $732,686

  Expenses

  $499,597

  Assets (EOY)

  $4,491,141

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $481,826

  Assets (EOY)

  $4,979,914

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• AUSTIN COMMUNITY CHARITABLE FUND

  $82,857

  2022 · CHARITABLE PURPOSE

• AUSTIN COMMUNITY CHARITABLE FUND

  $28,952

  2023 · CHARITABLE PURPOSE

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files