Overview
What is Technical Development Corporation?
Technical Development Corporation, established in 1968, is a distinguished nonprofit organization dedicated to supporting the nonprofit sector. They offer valuable business and management skills, helping various organizations, foundations, and public agencies across the United States operate effectively. By creating strategic business plans, TDC combines a thorough understanding of market dynamics with realistic, long-term financial sustainability plans. Periodically, they provide management consulting services, ensuring the nonprofit sector's continuous growth and success.
Official website here: www.tdcorp.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Technical Development Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's overall score, derived solely from its Accountability & Finance beacon, indicates a robust governance structure, including a majority of independent board members and comprehensive financial oversight measures.
The organization scored exceptionally well in various categories, such as having no material diversion of assets and a high program expense ratio of 84.17%, showcasing its dedication to effectively utilizing funds for its mission. Additionally, it has established essential policies, including conflict of interest and whistleblower policies, ensuring transparency and ethical operations.
Despite the positive ratings, the summary does not provide insights into program effectiveness or community impact, which are crucial for a comprehensive evaluation of the organization's overall performance. Nonetheless, the high score in financial accountability suggests that Technical Development Corporation is well-managed and committed to its fiduciary responsibilities.
This AI summary has been generated from information found on Charity Navigator.
Is Technical Development Corporation legitimate?
Technical Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technical Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $538,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,453,693
For more financial information, click here
Official website here: www.tdcorp.org
What is the mission statement of Technical Development Corporation?
Technical Development Corporation, established in 1968, is a nonprofit organization dedicated to serving the nonprofit sector. Its mission is to equip these organizations with the essential business and management skills necessary for operational efficiency. TDC has collaborated with numerous organizations, foundations, and public agencies across the United States. The corporation creates strategic business plans, merging a comprehensive understanding of market dynamics with realistic, long-term financial sustainability plans. Periodically, TDC offers management consulting services to aid the sector in its operations.
Official website here: www.tdcorp.org
Who is the CEO of Technical Development Corporation?
Elizabeth Cabral Curtis is the Board Chair of Technical Development Corporation.
Official website here: www.tdcorp.org
What is the revenue of Technical Development Corporation?
Technical Development Corporation's revenue in 2022 was $1,976,361.
Official website here: www.tdcorp.org
Who are the executives of Technical Development Corporation and what are their salaries?
The average compensation at Technical Development Corporation during 2022 was $90,546. There are 22 employees and 4 volunteers at Technical Development Corporation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $191,194
- Related: $0
- Other: $64,219
- Compensation: $199,635
- Related: $0
- Other: $45,176
- Compensation: $128,959
- Related: $0
- Other: $15,188
- Compensation: $146,646
- Related: $0
- Other: $19,532
- Compensation: $158,435
- Related: $0
- Other: $14,836
- Compensation: $115,911
- Related: $0
- Other: $11,353
- Compensation: $132,866
- Related: $0
- Other: $12,076
Official website here: www.tdcorp.org
Where can I find the form 990 for Technical Development Corporation?
Technical Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tdcorp.org
Learn more at the official website: www.tdcorp.org
Mission Statement of Technical Development Corporation
Technical Development Corporation, established in 1968, is a nonprofit consulting and research group committed to equipping the nonprofit sector with essential business and management skills. Their mission is to empower organizations, foundations, and public agencies within this sector by providing them with strategic business plans that harmonize a comprehensive understanding of market dynamics with realistic, long-term financial sustainability plans. In addition to this, Technical Development Corporation occasionally offers management consulting services.
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Impact
July, 2024
Technical Development Corporation's impact is significant in the nonprofit sector. Since its founding in 1968, TDC has been dedicated to providing organizations, foundations, and public agencies with the necessary business and management skills to operate effectively. By working with various entities across the United States, TDC has helped create strategic business plans tailored to the unique needs of each client. This approach has led to long-term financial sustainability and improved operational efficiency, ultimately contributing to the overall improvement of the nonprofit community. TDC's periodic management consulting services further enhance its impact by providing ongoing support and guidance to organizations striving for success.
This information is meant to be a general summary of Technical Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,987
- Program Service Revenue: $1,966,374
- Gross Receipts: $1,976,361
Assets and Liabilities:
- Total Assets: $5,142,304
- Total Liabilities: $1,756,671
- Net Assets: $3,385,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL ASSISTANCE
Revenue
$1,966,374
Organization Details
Founding Year
1968
Phone
(617) 728-9151Principal Officer
Elizabeth Cabral Curtis
Main Address
31 MILK STREET 310, BOSTON, MA, 02109
Website
www.tdcorp.orgNTEE Category
Code: S50Z - Community improvement
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