Nonprofit · EIN 27-3203032
TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION
Also known as TEAM VOLUSIA EDC
Tax-exempt · DAYTONA BEACH, FL 32114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,265,081 | $1,130,179 | $134,902 | $1,614,944 | $570,785 | $1,044,159 |
| December 31, 2023 | 990 | $1,210,760 | $1,167,935 | $42,825 | $1,510,142 | $600,885 | $909,257 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,245,662
- Membership dues
- $1,189,944
- Program service revenue
- $0
- Investment income
- $19,419
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $217,853
- Other salaries and wages
- $271,414
- Salaries, compensation and benefits (total)
- $614,999
- Professional fundraising fees
- $0
- Legal fees
- $3,135
- Accounting fees
- $28,720
- Depreciation
- $13,121
- Program services (functional)
- $869,037
- Management and general (functional)
- $240,506
- Fundraising (functional)
- $20,636
Balance sheet and other
- Total assets, start of year
- $1,510,142
- Total assets, end of year
- $1,614,944
- Total liabilities, end of year
- $570,785
- Net assets, end of year
- $1,044,159
- Land, buildings and equipment
- $17,865
- Net assets without donor restrictions
- $1,044,159
- Gross receipts
- $1,265,081
- Employees
- 6
- Year formed
- 2010
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEITH NORDEN | CEO Officer | 40 | $225,053 | $11,501 |
| ROOT ORGANIZATION | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SANS LASSITER LASSITER TRANSPORTATION GROUP | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOYCE SHANAHAN CITY OF ORMOND BEACH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| OLIVARI & ASSOC CPAS JOHN OLIVARI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CITY OF DAYTONA BEACH DERIC FEACHER | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| MICHAEL PLEUS CITY OF DELAND | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF DELTONA COMMISSIONER DORI HOWINGTON | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF EDGEWATER JEFFREY THURMAN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF NEW SMYRNA BEACH KEVIN COWPER | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF PORT ORANGE ROBIN FENWICK | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| DAVID WEIS ADVENT HEALTH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FLORIDA HEALTH CARE PLANS ADAM DUNN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| NASCAR JORDAN JILOTY | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| RANDY DYE DAYTONA DODGE CHRYSLER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
38 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VOLUSIA COUNTY GEORGE RECKTENWALD | EXECUTIVE CO Trustee or director | 1 | $0 |
| AVALON PARK GROUP | BOARD MEMBER Trustee or director | 1 | $0 |
| B BRAUN MEDICAL | BOARD MEMBER Trustee or director | 1 | $0 |
| BOULEVARD TIRE CENTER | BOARD MEMBER Trustee or director | 1 | $0 |
| ZEV COHEN & ASSOCIATES DWIGHT DURANT | BOARD MEMBER Trustee or director | 1 | $0 |
| FORD PROPERTIES LISA FORD WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| CHARTER COMMUNICATIONS | BOARD MEMBER Trustee or director | 1 | $0 |
| CITY OF DEBARY PHYLLIS BUTLIEN | BOARD MEMBER Trustee or director | 1 | $0 |
| CITY OF SOUTH DAYTONA JOSH MCENANY | BOARD MEMBER Trustee or director | 1 | $0 |
| COLDWELL BANKER AL GP JOHN WANAMAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| CAREER SOURCE FLAGLERVOLUSIA MARCI MURPHY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAYTONA REGIONAL CHAMBER OF COMMERCE NANCY KEEFER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN FREGUSON COBB COLE PA | BOARD MEMBER Trustee or director | 1 | $0 |
| COUNCIL ON AGING EVELINE KRALJIC | BOARD MEMBER Trustee or director | 1 | $0 |
| DAYTONA BEACH AREA ASSOC OF REALTORS LEAH SELIG | BOARD MEMBER Trustee or director | 1 | $0 |
| DAYTONA STATE COLLEGE DR TOM LOBASSO | BOARD MEMBER Trustee or director | 1 | $0 |
| EMBRY RIDDLE AERONAUTICAL UNIVERSITY TYLER SIROIS | BOARD MEMBER Trustee or director | 1 | $0 |
| ICI HOMES NELLIE LUPOLI | BOARD MEMBER Trustee or director | 1 | $0 |
| STETSON UNIVERSITY MELANIE LABOY | BOARD MEMBER Trustee or director | 1 | $0 |
| FLORIDA POWER LIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| GILES ELECTRIC | BOARD MEMBER Trustee or director | 1 | $0 |
| CITY OF ORANGE CITY DALE ARRINGTON | BOARD MEMBER Trustee or director | 1 | $0 |
| HAZEN CONSTRUCTION | BOARD MEMBER Trustee or director | 1 | $0 |
| TRUIST BANK | BOARD MEMBER Trustee or director | 1 | $0 |
| KEISER UNIVERSITY | BOARD MEMBER Trustee or director | 1 | $0 |
| FARMTON DEERING PARK | BOARD MEMBER Trustee or director | 1 | $0 |
| DUKE ENERGY | BOARD MEMBER Trustee or director | 1 | $0 |
| VOLUSIA COUNTY | BOARD MEMBER Trustee or director | 1 | $0 |
| LOHMAN ENTERPRISES | BOARD MEMBER Trustee or director | 1 | $0 |
| FAIRWINDS CREDIT UNION | BOARD MEMBER Trustee or director | 1 | $0 |
| FOUNDATION RISK PARTNERS | BOARD MEMBER Trustee or director | 1 | $0 |
| HALIFAX HEALTH | BOARD MEMBER Trustee or director | 1 | $0 |
| KINGSPAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DELAND GREATER WEST VOLUSIA | BOARD MEMBER Trustee or director | 1 | $0 |
| PRACTITIONERS COUNCIL | BOARD MEMBER Trustee or director | 1 | $0 |
| JAYSON MEYER SYNERGY BILLING | SECRETARY Trustee or director, Officer | 1 | $0 |
| UNIVERSITY OF CENTRAL FLORIDA | BOARD MEMBER Trustee or director | 1 | $0 |
| VOLUSIA COUNTY CHAMBER ALLIANCE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 57 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEITH NORDEN | CEO Officer | 40 | $215,136 | $10,963 |
| JORDAN JILOTY NASCAR ISC | IMMEDIATE PA Trustee or director, Officer | 1 | $0 | $0 |
| PHIL MARONEYROOT ORGANIZATION | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LASSITER TRANSPORTATION GROUP SANS LASSISTER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOYCE SHANAHANCITY OF ORMOND BEACH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN OLIVARIOLIVARI & ASSOC CPAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CITY OF ORMOND BEACH | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF DAYTONA BEACH | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF DELAND | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF DELTONA | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF EDGEWATER | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF NEW SMYRNA BEACH | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| CITY OF PORT ORANGE | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| ADVENT HEALTH | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| FLORIDA HEALTH CARE PLANS | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| TELEDYNE | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| DAYTONA DODGE CHRYSLER JEEP RAM | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| VOLUSIA COUNTY | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| AVALON PARK GROUP | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| B BRAUN MEDICAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BOULEVARD TIRE CENTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DWIGHT DURANTZEV COHEN & ASSOCIATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FORD PROPERTIES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARTER COMMUNICATIONS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EM PROS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CITY OF DEBARY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CITY OF SOUTH DAYTONA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COLDWELL BANKER AL GP JOHN WANAMAKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAREER SOURCE FLAGLERVOLUSIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAYTONA REGIONAL CHAMBER OF COMMERCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN FERGUSONCOBB COLE PA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COUNCIL ON AGING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAYTONA BEACH AREA ASSOC OF REALTORS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAYTONA STATE COLLEGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EMBRY RIDDLE AERONAUTICAL UNIVERSITY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ICI HOMES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STETSON UNIVERSITY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FLORIDA POWER LIGHT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GILES ELECTRIC | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CITY OF ORANGE CITY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HAZEN CONSTRUCTION | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VYSTAR CREDIT UNION | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEISER UNIVERSITY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FARMTON DEERING PARK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DUKE ENERGY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VOLUSIA COUNTY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LOHMAN ENTERPRISES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| R R INDUSTRIES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FAIRWINDS CREDIT UNION | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FOUNDATION RISK PARTNERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HALIFAX HEALTH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KINGSPAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DELAND AREA CHAMBER OF COMMERCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PRACTITIONERS COUNCIL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SYNERGY BILLING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| UNIVERSITY OF CENTRAL FLORIDA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VOLUSIA COUNTY CHAMBER ALLIANCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 DAYTONA BLVD STE 240, DAYTONA BEACH, FL 32114-1212
- In care of
- % PRESIDENT & CEO
- Principal officer (990 for 2024)
- KEITH NORDEN, ONE DAYTONA BLVD STE 240, DAYTONA BEACH, FL 32114
- Signed the 990
- KEITH NORDEN, CEO
- Phone
- (386) 265-6332
- Website
- WWW.TEAMVOLUSIAEDC.COM
- Return prepared by
- OLIVARI & ASSOCIATES CPA'S
Mission
THE PRIMARY MISSION OF THE ORGANIZATION IS TO EXPAND VOLUSIA COUNTY'S ECONOMIC BASE CREATING A COMPETITIVELY SUSTAINABLE AND DIVERSIFIED ECONOMY.
Program accomplishments
- PROMOTE AND FOSTER ECONOMIC DEVLOPMENT IN VOLUSIA COUNTYExpenses $869,037 · revenue $1,239,832
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3203032
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,614,944
- Income (IRS master file)
- $1,265,081
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,265,081 | $1,130,179 | $1,614,944 | XML |
| 990 | December 2023 | $1,210,760 | $1,167,935 | $1,510,142 | XML |
| 990 | December 2022 | $1,191,773 | $1,112,916 | $1,527,070 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 27-3203032).
Questions about TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION is 27-3203032.
- Is TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
- Are donations to TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEAM VOLUSIA ECONOMIC 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 TEAM VOLUSIA ECONOMIC 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 TEAM VOLUSIA ECONOMIC 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 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names KEITH NORDEN.
- Who are the officers and directors of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 53 people; 1 received compensation from the organization, the highest $225,053 (KEITH NORDEN, CEO).
- How much revenue does TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,265,081, expenses of $1,130,179 and total assets of $1,614,944 at year end.
Other nonprofits in DAYTONA BEACH
- HALIFAX STAFFING INC EIN 59-3222299 · last filed 990 for 2025
- BROWN RIVERFRONT ESPLANADE FOUNDATION INC EIN 83-1769296 · last filed 990-PF for 2025
- OUTREACH COMMUNITY CARE NETWORK INC EIN 59-2897172 · last filed 990 for 2024
- EXECUTIVE WOMENS GOLF ASSOCIATION INC EIN 59-3348753 · last filed 990 for 2024
- CEO BUSINESS ALLIANCE EIN 27-4788250 · last filed 990 for 2025
- JUNIOR LEAGUE OF DAYTONA BEACH INC EIN 23-7013995 · last filed 990 for 2025
- COMMUNITY ON DEMAND INC EIN 85-0698750 · last filed 990-EZ for 2024
- AFRICAN AMERICAN ENTREPRENEURS ASSOCIATION INC EIN 82-4144646 · last filed 990-EZ for 2024
All nonprofits in DAYTONA BEACH · Florida · Community improvement and capacity building