Nonprofit · EIN 65-0362710
THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC
Tax-exempt · DELRAY BEACH, FL 33444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,564,701 | $919,741 | $644,960 | $1,177,251 | $342,761 | $834,490 |
| September 30, 2024 | 990 | $1,055,734 | $877,790 | $177,944 | $666,141 | $476,611 | $189,530 |
| September 30, 2023 | 990 | $774,848 | $883,260 | -$108,412 | $549,226 | $537,641 | $11,585 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $844,648
- of which government grants
- $425,000
- Program service revenue
- $38,541
- Investment income
- $601,435
- Net income from fundraising events
- $80,619
- Other revenue
- $80,077
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,935
- Other salaries and wages
- $466,480
- Salaries, compensation and benefits (total)
- $623,224
- Professional fundraising fees
- $0
- Occupancy
- $72,566
- Depreciation
- $30,720
- Program services (functional)
- $807,016
- Management and general (functional)
- $112,725
Balance sheet and other
- Total assets, start of year
- $666,141
- Total assets, end of year
- $1,177,251
- Total liabilities, end of year
- $342,761
- Net assets, end of year
- $834,490
- Land, buildings and equipment
- $209,890
- Net assets without donor restrictions
- $834,490
- Gross receipts
- $1,614,636
- Employees
- 9
- Volunteers
- 8
- Year formed
- 1992
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEABRON SMITH | EXEC. DIR. Key employee | 40 | $117,935 |
| DR BARBARA CAREY-SHULER | SECRETARY Officer | 2 | $0 |
| TONY NEWBOLD | PRESIDENT Officer | 5 | $0 |
| GEORGE PSOINOS | VICE PRESIDENT Officer | 2 | $0 |
| BYRON JONES | TREASURER Officer | 2 | $0 |
| DEBBIE SATYAL | DIRECTOR Trustee or director | 2 | $0 |
| DR NNACHI OKO | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE ELMORE | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL ROGERS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEABRON SMITH | EXEC. DIR. Key employee | 40 | $142,550 |
| DR BARBARA CAREY-SHULER | SECRETARY Officer | 2 | $0 |
| TONY NEWBOLD | PRESIDENT Officer | 5 | $0 |
| GEORGE PSOINOS | VICE PRESIDENT Officer | 2 | $0 |
| BRYON JONES | TREASURER Officer | 2 | $0 |
| MONIQUE CORKER | DIRECTOR Trustee or director | 2 | $0 |
| DR NNACHI OKO | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE ELMORE | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL ROGERS | DIRECTOR Trustee or director | 2 | $0 |
| DEBBIE SATYAL | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEABRON SMITH | EXEC. DIR. Key employee | 40 | $140,550 |
| DR BARBARA CAREY-SHULER | SECRETARY Officer | 2 | $0 |
| TONY NEWBOLD | PRESIDENT Officer | 5 | $0 |
| GEORGE PSOINOS | VICE PRESIDENT Officer | 2 | $0 |
| KEVIN PICART | DIRECTOR Trustee or director | 2 | $0 |
| DEBBIE SATYAL | DIRECTOR Trustee or director | 2 | $0 |
| DR NNACHI OKO | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE ELMORE | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL ROGERS | DIRECTOR Trustee or director | 2 | $0 |
| MONIQUE CORKER | DIRECTOR Trustee or director | 2 | $0 |
| BYRON JONES | TREASURER Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 401 W ATLANTIC AVE STE O9, DELRAY BEACH, FL 33444-3689
- Principal officer (990 for 2024)
- TONY NEWBOLD, 401 ATLANTIC AVESTE 09, DELRAY BEACH, FL 33444
- Signed the 990
- TONY NEWBOLD, PRESIDENT
- Phone
- (561) 265-3790
- Website
- www.tedcenter.org
- Return prepared by
- FRIEDMAN FELDMESSER & KARPELES CPA
Mission
HOUSING, EMPLOYMENT AND ECONOMIC DEVELOPMENT IN THE COMMUNITY
Program accomplishments
- BUSINESS INCUBATOR PROGRAM TO ASSIST NEW & EMERGING BUSINESSES TO MANAGE RISKS & MAXIMIZE RESOURCESExpenses $351,991
- WOMENS BUSINESS CENTERExpenses $455,025
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 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 65-0362710
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $1,177,251
- Income (IRS master file)
- $1,614,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,564,701 | $919,741 | $1,177,251 | IRS |
| 990 | September 2024 | $1,055,734 | $877,790 | $666,141 | IRS |
| 990 | September 2023 | $774,848 | $883,260 | $549,226 | XML |
| 990 | September 2022 | $803,648 | $892,834 | $630,392 | 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 65-0362710).
Questions about THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC
- What is the EIN of THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC?
- The employer identification number (EIN) of THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC is 65-0362710.
- Is THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT 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 THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT 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 THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT 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 THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 names TONY NEWBOLD.
- Who are the officers and directors of THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $117,935 (SEABRON SMITH, EXEC. DIR.).
- How much revenue does THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,564,701, expenses of $919,741 and total assets of $1,177,251 at year end.
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