Nonprofit · EIN 20-4398131
NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION
Tax-exempt · SARASOTA, FL 34243
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $624,030 | $626,522 | -$2,492 | $18,348,879 | $18,072,606 | $276,273 |
| June 30, 2024 | 990 | $672,660 | $675,152 | -$2,492 | $19,473,161 | $19,194,396 | $278,765 |
| June 30, 2023 | 990 | $692,687 | $695,179 | -$2,492 | $20,547,028 | $20,265,771 | $281,257 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $624,030
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,000
- Depreciation
- $2,492
- Program services (functional)
- $602,382
- Management and general (functional)
- $24,140
Balance sheet and other
- Total assets, start of year
- $19,473,161
- Total assets, end of year
- $18,348,879
- Total liabilities, end of year
- $18,072,606
- Net assets, end of year
- $276,273
- Net assets with donor restrictions
- $276,273
- Gross receipts
- $624,030
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2005
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Richard Corcoran | Chair Trustee or director, Officer | 0.2 | $0 | $1,048,891 | $57,646 |
| Fitz-Patrick Christie | Executive Director Officer | 0.2 | $0 | $206,708 | $40,296 |
| Shippee Melissa | Secretary/Treasurer Trustee or director, Officer | 3.8 | $0 | $181,415 | $58,796 |
| Gruters Sydney | Director Trustee or director | 0.2 | $0 | $201,000 | $0 |
| Rancourt David | Director Trustee or director | 0.2 | $0 | $201,000 | $0 |
| Christaldi Ron | Vice Chair Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| McDonald James | Director Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD CORCORAN | CHAIR Trustee or director, Officer | 0.19 | $0 | $675,575 | $19,812 |
| BRAD THEISSEN | FORMER DIRECTOR Former | 0.19 | $0 | $250,539 | $55,992 |
| CHRISTIAN KINSLEY | FORMER DIRECTOR Former | 0.77 | $0 | $190,777 | $44,913 |
| CHRISTIE FITZ-PATRICK | EXECUTIVE DIRECTOR Officer | 0.19 | $0 | $195,940 | $39,363 |
| MELISSA SHIPPEE | SECRETARY/TREASURER Trustee or director, Officer | 3.85 | $0 | $161,154 | $52,237 |
| SYDNEY GRUTERS | DIRECTOR Trustee or director | 0.19 | $0 | $130,885 | $0 |
| DAVID RANCOURT | DIRECTOR Trustee or director | 0.19 | $0 | $74,423 | $0 |
| RON CHRISTALDI | DIRECTOR Trustee or director | 0.19 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA OKKER | PREVIOUS CHAIR Trustee or director, Officer | 0.19 | $0 | $382,431 | $21,613 |
| MARYANNE YOUNG | FORMER DIRECTOR Former | 0 | $0 | $208,870 | $21,613 |
| CHRISTIAN KINSLEY | EXECUTIVE DIRECTOR Officer | 0.77 | $0 | $185,925 | $42,613 |
| BRAD THEISSEN | DIRECTOR Trustee or director | 0.19 | $0 | $163,530 | $48,074 |
| SUZANNE SHERMAN | FORMER DIRECTOR Former | 0 | $0 | $189,677 | $21,613 |
| MELISSA SHIPPEE | CORP. CONTROLLER Officer | 3.08 | $0 | $122,227 | $40,848 |
| RICHARD CORCORAN | CHAIR Trustee or director, Officer | 0.19 | $0 | $0 | $0 |
| SYDNEY GRUTERS | DIRECTOR Trustee or director | 0.19 | $0 | $0 | $0 |
| HENRY SMITH | DIRECTOR Trustee or director | 0.19 | $0 | $0 | $0 |
| RON CHRISTALDI | DIRECTOR AND VICE CHAIR Trustee or director, Officer | 0.19 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5800 BAY SHORE RD, SARASOTA, FL 34243-2101
- Principal officer (990 for 2024)
- Christie Fitz-Patrick, 5800 Bay Shore Road, Sarasota, FL 34243
- Signed the 990
- Christie Fitz-Patrick, Executive Director
- Phone
- (941) 487-4323
- Return prepared by
- Mauldin & Jenkins LLC
Mission
DIRECT SUPPORT ORGANIZATION TO PROVIDE AID IN THE FORM OF MONEY AND OTHER FORMS OF PROPERTY AND SERVICES TO NEW COLLEGE OF FLORIDA, A MEMBER OF THE FLORIDA STATE UNIVERSITY SYSTEM.
Program accomplishments
- PROVIDING FINANCING FOR THE CONSTRUCTION AND RENOVATION OF EDUCATIONAL AND STUDENT HOUSING FOR NEW COLLEGE OF FLORIDA, A MEMBER OF THE FLORIDA STATE UNIVERSITY SYSTEM.Expenses $602,382 · revenue $624,030
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4398131
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $18,348,879
- Income (IRS master file)
- $624,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $624,030 | $626,522 | $18,348,879 | XML |
| 990 | June 2024 | $672,660 | $675,152 | $19,473,161 | XML |
| 990 | June 2023 | $692,687 | $695,179 | $20,547,028 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 20-4398131).
Questions about NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION
- What is the EIN of NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION is 20-4398131.
- Is NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NEW COLLEGE OF FLORIDA 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 NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Christie Fitz-Patrick.
- Who are the officers and directors of NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NEW COLLEGE OF FLORIDA DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $624,030, expenses of $626,522 and total assets of $18,348,879 at year end.
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