Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 59-2681696

CENTRAL FLORIDA DEVELOPMENT COUNCIL INC

Tax-exempt · LAKELAND, FL 33801

Financials

$1.8M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL FLORIDA DEVELOPMENT COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,777,711$1,672,528$105,183$1,396,882$330,044$1,066,838
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,762,522
of which government grants
$1,206,875
Membership dues
$397,208
Program service revenue
$0
Investment income
$14,414
Net gain from sales of assets
-$1,881
Other revenue
$775

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$188,175
Other salaries and wages
$478,928
Salaries, compensation and benefits (total)
$769,204
Professional fundraising fees
$0
Legal fees
$340
Accounting fees
$33,373
Occupancy
$67,224
Travel
$6,713
Depreciation
$28,464

Balance sheet and other

Total assets, start of year
$1,363,212
Total assets, end of year
$1,396,882
Total liabilities, end of year
$330,044
Net assets, end of year
$1,066,838
Land, buildings and equipment
$33,319
Net assets without donor restrictions
$861,537
Net assets with donor restrictions
$205,301
Gross receipts
$1,779,592
Employees
7
Volunteers
17
Year formed
1986
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SEAN MALOTTPRESIDENT & CEO
Officer
40$167,064$42,919
DAVE SHEPPCHAIR
Trustee or director, Officer
3$0$0
EMERY SMITHVICE CHAIR
Trustee or director, Officer
3$0$0
BRANDON CLARKSECRETARY/TREASURER
Trustee or director, Officer
3$0$0
GENE CONRADPAST CHAIR
Trustee or director, Officer
3$0$0
BRAD LUNZBOARD MEMBER
Trustee or director
3$0$0
DEENA DRUMGOBOARD MEMBER
Trustee or director
3$0$0
DR AMY BRATTENBOARD MEMBER
Trustee or director
3$0$0
DREW WILCOXBOARD MEMBER
Trustee or director
3$0$0
GEORGE LINDSAYBOARD MEMBER (ENDED 12/2024)
Trustee or director
3$0$0
JEFF KINCARTBOARD MEMBER
Trustee or director
3$0$0
JEREMY VOSSBOARD MEMBER
Trustee or director
3$0$0
KYLE STORYBOARD MEMBER
Trustee or director
3$0$0
PATRICK PHILLIPSBOARD MEMBER
Trustee or director
3$0$0
RANDY KNAPPBOARD MEMBER
Trustee or director
3$0$0
2 more people on this return
NameTitleHours / weekCompensation
RICK GARCIABOARD MEMBER
Trustee or director
3$0
RICK WILSONBOARD MEMBER (AS OF 1/2025)
Trustee or director
3$0

Address and contacts

Address (IRS master file)
1725 BARTOW RD, LAKELAND, FL 33801-6553
In care of
% GREG LITTLETON
Principal officer (990 for 2024)
SEAN MALOTT, 1725 BARTOW ROAD, LAKELAND, FL 33801
Signed the 990
SEAN MALOTT, PRESIDENT & CEO
Phone
(863) 937-4430
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

GROW AN ECONOMY BASED ON HIGH-SKILL, HIGH-WAGE SUSTAINABLE BUSINESSES. WE FOCUS ON BUSINESS RECRUITMENT AND EXPANSION, BUSINESS ADVOCACY, FACILITATING COLLABORATIVE PARTNERSHIPS AND ADVANCING STRATEGIC INITIATIVES IN CENTRAL FLORIDA'S POLK COUNTY.

990 for the year ended September 30, 2025

Program accomplishments

  • CENTRAL FLORIDA DEVELOPMENT COUNCIL (CFDC) IS RESPONSIBLE FOR RECRUITING NEW BUSINESSES TO POLK COUNTY AND HELPING EXISTING BUSINESSES EXPAND. WE FOCUS ON BUSINESS RECRUITMENT AND EXPANSION, BUSINESS ADVOCACY, FACILITATING COLLABORATIVE PARTNERSHIPS AND ADVANCING STRATEGIC INITIATIVES IN CENTRAL FLORIDA'S POLK COUNTY. FOUNDED IN 1985, CFDC TRANSITIONED INTO A PRIVATE, NOT-FOR-PROFIT ORGANIZATION IN 2015 THROUGH A STRATEGIC PARTNERSHIP WITH THE POLK COUNTY BOARD OF COUNTY COMMISSIONERS AND THE LOCAL BUSINESS COMMUNITY. THE VISION OF THE CFDC IS TO DEVELOP AN ECONOMIC ENVIRONMENT THAT ATTRACTS AND RETAINS INDUSTRY-DIVERSE BUSINESSES WITH HIGHER-PAYING CAREERS AND EDUCATES AND RETAINS QUALIFIED TALENT TO ALIGN WITH TARGETED INDUSTRY WORKFORCE NEEDS.

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
59-2681696
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,396,882
Income (IRS master file)
$1,779,592

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2023$1,661,102$1,532,493$1,223,085IRS
990September 2022$1,373,235$1,257,664$836,733IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 CENTRAL FLORIDA DEVELOPMENT COUNCIL INC

What is the EIN of CENTRAL FLORIDA DEVELOPMENT COUNCIL INC?
The employer identification number (EIN) of CENTRAL FLORIDA DEVELOPMENT COUNCIL INC is 59-2681696.
Is CENTRAL FLORIDA DEVELOPMENT COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
Are donations to CENTRAL FLORIDA DEVELOPMENT COUNCIL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL FLORIDA DEVELOPMENT COUNCIL INC 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 CENTRAL FLORIDA DEVELOPMENT COUNCIL INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL FLORIDA DEVELOPMENT COUNCIL INC 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 CENTRAL FLORIDA DEVELOPMENT COUNCIL INC?
The 990 for the year ended September 30, 2025 names SEAN MALOTT.
Who are the officers and directors of CENTRAL FLORIDA DEVELOPMENT COUNCIL INC?
The 990 for the year ended September 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $167,064 (SEAN MALOTT, PRESIDENT & CEO).
How much revenue does CENTRAL FLORIDA DEVELOPMENT COUNCIL INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,777,711, expenses of $1,672,528 and total assets of $1,396,882 at year end.

Other nonprofits in LAKELAND

All nonprofits in LAKELAND · Florida