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Nonprofit · EIN 13-2626199

UNITED NATIONS DEVELOPMENT CORPORATION

Tax-exempt · NEW YORK, NY 10017

Financials

$43.7M$35.6M2024
Revenue Expenses · by fiscal year end
Financials of UNITED NATIONS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$43,723,863$35,553,632$8,170,231$205,554,670$32,157,357$173,397,313
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$38,023,059
Investment income
$5,666,157
Other revenue
$34,647

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,051,879
Other salaries and wages
$273,643
Salaries, compensation and benefits (total)
$2,140,959
Professional fundraising fees
$0
Legal fees
$1,866,477
Accounting fees
$52,940
Occupancy
$10,624,601
Depreciation
$6,905,230
Program services (functional)
$29,978,865
Management and general (functional)
$5,574,767

Balance sheet and other

Total assets, start of year
$206,634,166
Total assets, end of year
$205,554,670
Total liabilities, end of year
$32,157,357
Net assets, end of year
$173,397,313
Land, buildings and equipment
$49,674,268
Publicly traded securities
$67,159,956
Gross receipts
$43,723,863
Employees
12
Volunteers
15
Year formed
1968
State of legal domicile
NY

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
ROBERT B COLEEXECUTIVE VP & GENERAL COUNSEL
Officer
40$290,208$115,548
JORGE ORTIZVP/TREASURER
Officer
40$186,164$85,399
MARIA LOIDA DIAZ DE JESUSSENIOR VICE PRESIDENT
Officer
40$159,261$71,439
JUSTIN HANDMANASST VP, DIR OF MWBE COMPLIANCE
Highest-paid employee
40$110,633$76,899
HUI-CHEN LIUDEPUTY CONTROLLER
Highest-paid employee
40$124,794$57,049
TERESA TANGSENIOR AUDITOR
Highest-paid employee
40$121,433$51,994
DONNA RUSSELLACCOUNTING SECRETARY
Highest-paid employee
40$101,008$60,932
KENNETH COOPERSMITHVICE PRESIDENT (FORMER)
Former
40$112,425$1,594
ADOLFO CARRION JRDIRECTOR
Trustee or director
1$0$0
AMABEL B JAMESDIRECTOR
Trustee or director
1$0$0
ANDY K SHENOYDIRECTOR
Trustee or director
1$0$0
CHRISTINE FALVODIRECTOR
Trustee or director
1$0$0
DANIEL GARODNICKDIRECTOR
Trustee or director
1$0$0
DAVID MACKDIRECTOR
Trustee or director
1$0$0
EDWARD MERMELSTEINDIRECTOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
GEORGE KLEINCHAIRMAN
Trustee or director, Officer
15$0
HON CAROLINE MALONEYDIRECTOR
Trustee or director
1$0
JAN BURMANDIRECTOR
Trustee or director
1$0
JESSICA HEALYDIRECTOR
Trustee or director
1$0
JOEL M SILVERMANDIRECTOR
Trustee or director
1$0
JOSEPH RUTIGLIANODIRECTOR
Trustee or director
1$0
ROBERT ABRAMSDIRECTOR
Trustee or director
1$0
SAMUEL NATAPOFFDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2 UNITED NATIONS PLAZA, NEW YORK, NY 10017-4403
Principal officer (990 for 2024)
ROBERT B COLE, TWO UN PLAZA 27TH FLOOR, NEW YORK, NY 100174403
Signed the 990
ROBERT B COLE, EXECUTIVE VP & GENERAL COUNSEL
Phone
(212) 888-1618
Return prepared by
CBIZ ADVISORS LLC

Mission

THE MISSION OF THE UNITED NATIONS DEVELOPMENT CORPORATION IS (A) TO PROVIDE OFFICE AND OTHER FACILITIES THAT HELP MEET THE CURRENT AND FUTURE NEEDS OF THE UNITED NATIONS (U.N.), MISSIONS TO THE U.N. AND U.N.-RELATED PROGRAMS (TOGETHER, THE "U.N. COMMUNITY"), SEE ATTACHED AND (B) OTHERWISE TO ASSIST THE U.N. COMMUNITY IN MEETING ITS CURRENT AND FUTURE REAL ESTATE NEEDS. TO ACCOMPLISH ITS MISSION AND HELP THE CITY AND STATE OF NEW YORK FULFILL THEIR RESPONSIBILITIES AS HOSTS TO THE U.N. COMMUNITY, THE CORPORATION DEVELOPS AND OPERATES OFFICE AND OTHER FACILITIES FOR THE BENEFIT OF THE U.N. COMMUNITY AND PROVIDES REAL ESTATE ADVICE, SERVICES AND STUDIES AT THE REQUEST OF THE U.N., CITY OR STATE OF NEW YORK, OR THE UNITED STATES.

990 for the year ended December 31, 2024

Program accomplishments

  • BUILDING OPERATIONS - PROVIDE NEEDED FACILITIES FOR THE U.N. COMMUNITY IN NEW YORK CITY.
    Expenses $29,978,865 · revenue $38,057,706

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
13-2626199
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$205,554,670
Income (IRS master file)
$43,723,863

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$44,335,269$34,990,967$206,634,166IRS
990December 2022$46,322,303$31,920,545$196,546,817IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about UNITED NATIONS DEVELOPMENT CORPORATION

What is the EIN of UNITED NATIONS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of UNITED NATIONS DEVELOPMENT CORPORATION is 13-2626199.
Is UNITED NATIONS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to UNITED NATIONS DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNITED NATIONS 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 UNITED NATIONS 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 UNITED NATIONS 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 UNITED NATIONS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names ROBERT B COLE.
Who are the officers and directors of UNITED NATIONS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 23 people; 8 received compensation from the organization, the highest $290,208 (ROBERT B COLE, EXECUTIVE VP & GENERAL COUNSEL).
How much revenue does UNITED NATIONS DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $43,723,863, expenses of $35,553,632 and total assets of $205,554,670 at year end.

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