Punta Gorda Development Corporation
Develops and provides affordable housing for low-income individuals and families in Punta Gorda and surrounding areas. For fiscal year 2025 it reported $125K in revenue, $131K in expenses, and $608K in net assets.Pt I
- Type
- Supporting organization · Housing
- Location
- Punta Gorda, FL
- Website
- puntagordaha.org
- Filings
- 5 on file (2021–2025)
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Summary of the Filing
Where the work happens
Depreciation Expense is from the affordable housing units.
Maintenance materials and utilities are needed for the upkeep on the affordable units. Insurance on the units is required and needed in case of a disaster.
The units are and will be rented to low income families of the area. Maintenance or unit turn around, cleaning, painting, landscaping, HVAC, pest control etc., are all costs that are needed to prepare the units for occupancy.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Revenue growth | 3% | — | — |
| Legal fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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