Waterford Dublin Development Inc

Organization Overview

Waterford Dublin Development Inc is located in Smyrna, GA. The organization was established in 2011. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterford Dublin Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Waterford Dublin Development Inc generated $602.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $980.4k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE, CONSTRUCT, OWN AND OPERATE A 56-UNIT RENTAL HOUSING FACILITY FOR LOW-INCOME RESIDENTS KNOWN AS WATERFORD ESTATES LOCATED IN DUBLIN, GEORGIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS AND OPERATES A 56-UNIT RENTAL FACILITY FOR SELF-SUFFICIENT LOW-INCOME RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Du Mas
President
$0
Renee Sandell
Vice-President
$0
Kevin Kirby
Secretary
$0
Betty Jones
Boardmember
$0
Julie Bowen
Boardmember
$0
Robert Ryan
Boardmember
$0

Financial Statements

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$551,321
Investment income $28,704
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 $602,375

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