Doyle Development Corporation is located in Doylestown, PA. The organization was established in 2002. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doyle Development Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Doyle Development Corporation generated $213.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $146.7k during the year ending 06/2022. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOLDS TITLE OF PROPERTY FOR THE BENEFIT OF A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLDS TITLE OF PROPERTY FOR THE BENEFIT OF A 501(C)(3) ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Bray President | OfficerTrustee | 1 | $0 |
Robert Badman Vice President | OfficerTrustee | 1 | $0 |
Kelly Welchoff Smola Secretary/treasurer | OfficerTrustee | 1 | $0 |
Erin A Lukoss Member | Trustee | 1 | $0 |
Michael W Mills Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $213,243 |
Investment income | $121 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $213,364 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $9,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,362 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,217 |
Advertising and promotion | $0 |
Office expenses | $26,851 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $56,274 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $17,847 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,593 |
Insurance | $8,559 |
All other expenses | $0 |
Total functional expenses | $146,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $171,327 |
Savings and temporary cash investments | $79,520 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,578 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $808,347 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,076,772 |
Accounts payable and accrued expenses | $9,553 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $356,040 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $365,593 |
Net assets without donor restrictions | $711,179 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,076,772 |
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Tgm Realty Corp 20 New York, NY | $499,485,449 | $22,200,197 |
Bit Holdings Three Inc Baltimore, MD | $969,623,957 | $40,242,400 |
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Columbus Association Of Realtors Columbus, OH | $9,934,028 | $6,554,174 |
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Carmel Mountain Apartments Inc Princeton, NJ | $126,463,068 | $7,869,627 |
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