Nonprofit · EIN 52-1260579
NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES
Tax-exempt · BETHESDA, MD 20817
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,893,533 | $2,726,730 | $166,803 | $3,957,538 | $912,293 | $3,045,245 |
| September 30, 2024 | 990 | $2,608,408 | $2,404,370 | $204,038 | $3,947,004 | $843,287 | $3,103,717 |
| September 30, 2023 | 990 | $2,313,431 | $2,299,473 | $13,958 | $3,265,900 | $735,685 | $2,530,215 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $64,830
- Program service revenue
- $2,542,006
- Investment income
- $220,010
- Royalties
- $64,177
- Other revenue
- $66,687
Expenses
- Grants and similar amounts paid
- $17,505
- Compensation of officers, directors and key employees
- $371,310
- Other salaries and wages
- $812,135
- Salaries, compensation and benefits (total)
- $1,381,571
- Professional fundraising fees
- $0
- Accounting fees
- $96,746
- Travel
- $49,893
Balance sheet and other
- Total assets, start of year
- $3,947,004
- Total assets, end of year
- $3,957,538
- Total liabilities, end of year
- $912,293
- Net assets, end of year
- $3,045,245
- Publicly traded securities
- $2,669,246
- Net assets without donor restrictions
- $3,018,701
- Net assets with donor restrictions
- $26,544
- Gross receipts
- $3,362,533
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1981
- State of legal domicile
- DC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rhonda Pointon | President and CEO Trustee or director, Officer | 50 | $339,328 | $48,553 |
| Wayne Williams | EVP, Regulatory Affairs an Highest-paid employee | 40 | $228,415 | $31,967 |
| Mandy Robertson | SVP, Conferences & Operati Highest-paid employee | 40 | $154,689 | $16,797 |
| Renee Bender | VP, Government Relations Highest-paid employee | 40 | $142,278 | $14,169 |
| Denise Ripley | VP, Regulatory Affairs, Training & Support Highest-paid employee | 40 | $107,286 | $11,982 |
| John Evans | Chair of the Board Trustee or director, Officer | 1 | $0 | $0 |
| Sara Vanhala | Vice Chair Trustee or director, Officer | 5 | $0 | $0 |
| Ann Munroe | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Elaine Fairman | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Todd Buchanan | Chair of Legislative and PAC Committee Trustee or director | 1 | $0 | $0 |
| Bill Habermeyer | Chair of Regulatory Commit Trustee or director | 3 | $0 | $0 |
| Hilda Kennedy | Chair of Governance Committee Trustee or director | 1 | $0 | $0 |
| Laurel Walk | Chair of the Economic Deve Trustee or director | 1 | $0 | $0 |
| Sherwood Robbins | Chair of CSA Committee Trustee or director | 1 | $0 | $0 |
| Chris Topping | Chair of the Audit Committee Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Pazmino | Director Trustee or director | 1 | $0 |
| Brooke Mirenda | Director Trustee or director | 1 | $0 |
| Caryl Eriksson | Director Trustee or director | 1 | $0 |
| Gregg Swanson | Director Trustee or director | 1 | $0 |
| Ron Lien | Director Trustee or director | 1 | $0 |
| Mark Williams | Director Trustee or director | 1 | $0 |
| Wes Darnell | Director Trustee or director | 1 | $0 |
| Erik Adams | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rhonda Pointon | President and CEO Trustee or director, Officer | 50 | $330,445 | $47,450 |
| Wayne Williams | EVP, Regulatory Affairs an Highest-paid employee | 40 | $222,713 | $31,220 |
| Mandy Robertson | SVP, Conferences & Operati Highest-paid employee | 40 | $150,584 | $16,819 |
| Renee Bender | VP, Government Relations Highest-paid employee | 40 | $134,898 | $14,545 |
| Denise Ripley | VP, Regulatory Affairs, Tr Highest-paid employee | 1 | $105,087 | $12,123 |
| Erik Adams | Director Trustee or director | 1 | $0 | $0 |
| Giovanna Piovanetti | Director Trustee or director | 1 | $0 | $0 |
| Brooke Mirenda | Director Trustee or director | 1 | $0 | $0 |
| Wes Darnell | Director Trustee or director | 1 | $0 | $0 |
| Lynne Keller Forbes | Director Trustee or director | 1 | $0 | $0 |
| David Amick | Director Trustee or director | 1 | $0 | $0 |
| Jim Conroy | Director Trustee or director | 1 | $0 | $0 |
| Kisha Gant | Director Trustee or director | 1 | $0 | $0 |
| Chris Topping | Director Trustee or director | 1 | $0 | $0 |
| Sherwood Robbins | Chair of CSA Committee Trustee or director | 1 | $0 | $0 |
| Todd Buchanan | Chair of Legislative Committee Trustee or director | 1 | $0 | $0 |
| Hilda Kennedy | Chair of the Governance Co Trustee or director | 1 | $0 | $0 |
| Bill Habermeyer | Chair of Regulatory Commit Trustee or director | 3 | $0 | $0 |
| Laurel Walk | Chair of the Economic Development Committee Trustee or director | 1 | $0 | $0 |
| Ann Munroe | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Elaine Fairman | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Sara Vanhala | Vice Chair Trustee or director, Officer | 5 | $0 | $0 |
| John Evans | Chair of the Board Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rhonda Pointon | President and CEO Officer | 50 | $307,153 | $43,048 |
| Wayne Williams | EVP, Regulatory Affairs an Highest-paid employee | 40 | $214,322 | $28,845 |
| Mandy Robertson | SVP, Conferences & Operati Highest-paid employee | 40 | $143,457 | $15,672 |
| Renee Bender | VP, Government Relations Highest-paid employee | 40 | $129,351 | $13,563 |
| Erik Adams | Director Trustee or director | 1 | $0 | $0 |
| Giovanna Piovanetti | Director Trustee or director | 1 | $0 | $0 |
| Sherwood Robbins | Director Trustee or director | 1 | $0 | $0 |
| Brooke Mirenda | Director Trustee or director | 1 | $0 | $0 |
| Todd Buchanan | Director Trustee or director | 1 | $0 | $0 |
| Lynne Keller Forbes | Director Trustee or director | 1 | $0 | $0 |
| Ann Munroe | Director Trustee or director | 1 | $0 | $0 |
| Chris Topping | Director Trustee or director | 1 | $0 | $0 |
| Patricia Kibbe | Director Trustee or director | 8 | $0 | $0 |
| Laurel Walk | Chair of the CSA Committee Trustee or director | 1 | $0 | $0 |
| Zola Finch | Chair of the Governance Co Trustee or director | 1 | $0 | $0 |
| Sara Vanhala | Chair of Legislative and P Trustee or director | 5 | $0 | $0 |
| Matt Davis | Chair of the Board Trustee or director, Officer | 3 | $0 | $0 |
| Bill Habermeyer | Chair of Regulatory Commit Trustee or director | 3 | $0 | $0 |
| David Amick | Chair of Audit Committee Trustee or director | 1 | $0 | $0 |
| LaKisha Gant | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Elaine Fairman | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| John Evans | Vice Chair of the Board Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10319 WESTLAKE DRIVE UNIT 197, BETHESDA, MD 20817-6403
- Principal officer (990 for 2024)
- Rhonda Pointon, 10319 Westlake Drive Unit 197, Bethesda, MD 20817
- Signed the 990
- Rhonda Pointon, President & CEO
- Phone
- (202) 349-0070
- Website
- www.nadco.org
- Return prepared by
- Kositzka Wicks and Company
Mission
NADCO provides a medium through which members can confer, consult, and cooperate with governmental or other agencies in solving problems affecting members.
Program accomplishments
- Meetings: NADCO organizes industry meetings as forums for all CDC and affiliate members to come together to learn about many topics of interest to members - such as updates on congressional actions that may impact the SBA 504 program, actions or proposals by SBA, other financial or technical program issues, and items of general interest to members. NADCO generally holds one mid-year annual meeting and may offer one symposium per year.
- Professional Education: NADCO provides the only education for CDC staff and attorneys which focuses solely on the SBA 504 loan program. These courses are delivered in-person twice a year - once in conjunction with the annual meeting and once in the winter/early spring. These courses are generally two or three days, many of which require either industry and 504 experience, or prerequisites of certain NADCO courses. The courses focus on all aspects of 504 loan packaging, closing, servicing, and liquidation. NADCO also offers more limited on-line courses.
- Government Relations: One of NADCO's primary missions is to represent the CDC membership at various governmental levels. This includes both the Congress and the Small Business Administration. NADCO advises the staff of the House and Senate small business committees on industry and 504 concerns and recommends courses of action as needed when Congress is considering legislation affecting either the SBA or the 504 loan programs. NADCO also works closely with management and field staff of the SBA in developing and managing loan policies, regulations, and practices. Our objective is to ensure that reasonable policies are developed which do not hinder CDC abilities to deliver 504 to small businesses.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 52-1260579
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1983
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,957,538
- Income (IRS master file)
- $3,362,533
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,893,533 | $2,726,730 | $3,957,538 | XML |
| 990 | September 2024 | $2,608,408 | $2,404,370 | $3,947,004 | XML |
| 990 | September 2023 | $2,313,431 | $2,299,473 | $3,265,900 | XML |
| 990 | September 2022 | $2,173,138 | $1,809,790 | $2,973,194 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 52-1260579).
Questions about NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES
- What is the EIN of NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES?
- The employer identification number (EIN) of NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES is 52-1260579.
- Is NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1983.
- Are donations to NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES 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 NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES?
- The 990 for the year ended September 30, 2025 names Rhonda Pointon.
- Who are the officers and directors of NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES?
- The 990 for the year ended September 30, 2025 lists 23 people; 5 received compensation from the organization, the highest $339,328 (Rhonda Pointon, President and CEO).
- How much revenue does NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,893,533, expenses of $2,726,730 and total assets of $3,957,538 at year end.
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