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Nonprofit · EIN 04-2441030

TECHNICAL DEVELOPMENT CORPORATION

Tax-exempt · PEABODY, MA 01960

Financials

$2.3M$3.9M2023$1.7M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of TECHNICAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,693,423$3,199,999-$1,506,576$1,633,030$1,282,394$350,636
December 31, 2023990$2,347,241$3,876,501-$1,529,260$3,999,582$2,143,209$1,856,373
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,636,189
Investment income
$38,653
Other revenue
$18,581

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$532,082
Other salaries and wages
$1,236,755
Salaries, compensation and benefits (total)
$2,250,963
Professional fundraising fees
$0
Legal fees
$4,891
Accounting fees
$41,043
Occupancy
$291,174
Travel
$52,387
Depreciation
$36,519
Program services (functional)
$2,596,635
Management and general (functional)
$583,490
Fundraising (functional)
$19,875

Balance sheet and other

Total assets, start of year
$3,999,582
Total assets, end of year
$1,633,030
Total liabilities, end of year
$1,282,394
Net assets, end of year
$350,636
Land, buildings and equipment
$26,836
Net assets without donor restrictions
$20,412
Net assets with donor restrictions
$330,224
Gross receipts
$1,693,423
Employees
25
Volunteers
4
Year formed
1968
State of legal domicile
MA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Elizabeth Cabral CurtisPresident
Trustee or director, Officer
40$188,911$18,891
Susan NelsonTreasurer
Trustee or director, Officer
40$182,453$18,245
Ashley BerendtVice President
Highest-paid employee
40$141,530$14,153
Mary Plourde PagliaruloClerk
Officer
40$135,689$13,568
Juliana S KooVice President
Highest-paid employee
40$122,944$12,294
Adam SandersConsultant
Highest-paid employee
40$112,034$11,203
Adriane MusgraveConsultant
Highest-paid employee
40$105,868$10,588
Hiram SamelBoard Chair
Trustee or director
0.3$0$0
Charles McDermottTrustee
Trustee or director
0.3$0$0
Marian Godfrey GardnerTrustee
Trustee or director
0.3$0$0
John HendersonTrustee
Trustee or director
0.3$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
Susan NelsonTreasurer
Trustee or director, Officer
40$205,093$19,962
Elizabeth Cabral CurtisPresident
Trustee or director, Officer
40$192,407$20,651
Norah McVeighVice President
Highest-paid employee
40$186,525$17,298
Marcelle L HinandVice President
Highest-paid employee
40$189,925$13,354
Juliana S KooVice President
Highest-paid employee
40$183,520$17,500
Ashley BerendtVice President
Highest-paid employee
40$136,546$12,592
Mary Plourde PagliaruloClerk
Officer
40$134,582$12,500
Adriane MusgraveConsultant
Highest-paid employee
40$115,996$9,321
Hiram SamelBoard Chair
Trustee or director
0.3$0$0
Marian Godfrey GardnerTrustee
Officer
0.3$0$0
John HendersonTrustee
Officer
0$0$0
Charles McDermottTrustee
Officer
0.3$0$0

Address and contacts

Address (IRS master file)
33 LONGVIEW WAY, PEABODY, MA 01960-6413
Principal officer (990 for 2024)
Elizabeth Cabral Curtis, PO BOX 473, PEABODY, MA 01960
Signed the 990
Mary Plourde Pagliarulo, Director of Finance and Administrat
Phone
(617) 728-9151

Mission

Technical Development Corporation is a nonprofit consulting and research group dedicated to providing the nonprofit sector with the business and management skills critical to operating effectively. TDC works with organizations foundations and public agencies sector across the nonprofit sector.

990 for the year ended December 31, 2024

Program accomplishments

  • Management Consulting Services. TDC creates strategic business plans that help organizations develop sophisticated strategies that align a deep understanding of market dynamics with clear realistic plans for long-term financial sustainability. TDC periodically conducts research studies on major trends in the nonprofit sector. TDC also offers other programs and organizational evaluations board development and training and community needs assessments. TDC assists with the redistribution of grant funds to registered charities and provides services related to the redistribution. In 2024 TDC worked with 40 clients.
    Expenses $2,596,635 · revenue $2,356,158

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2441030
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
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,633,030
Income (IRS master file)
$1,693,423

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,693,423$3,199,999$1,633,030XML
990December 2023$2,347,241$3,876,501$3,999,582XML
990December 2022$1,976,361$3,606,222$5,142,304IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 04-2441030).

Questions about TECHNICAL DEVELOPMENT CORPORATION

What is the EIN of TECHNICAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of TECHNICAL DEVELOPMENT CORPORATION is 04-2441030.
Is TECHNICAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to TECHNICAL DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TECHNICAL 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 TECHNICAL DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNICAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TECHNICAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names Elizabeth Cabral Curtis.
Who are the officers and directors of TECHNICAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 11 people; 7 received compensation from the organization, the highest $188,911 (Elizabeth Cabral Curtis, President).
How much revenue does TECHNICAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,693,423, expenses of $3,199,999 and total assets of $1,633,030 at year end.

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