Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1987.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
16 people listed on the 990; $152K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sean Malott | $167,064 | $153,274 | $139,099 | $152,232 | $149,093 | $138,410 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Fosters a sustainable economy by growing high-skill, high-wage businesses.
Questions for Central Florida Development Council INC
Your first name shows with your question. Central Florida Development Council INC answers here, for everyone.
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The CFDC is responsible for recruiting new businesses to polk county and helping existing businesses expand. We focus on domestic and international business recruitment and expansion, business advocacy, and global trade development in central florida's polk county. Originally founded in 1986, the central florida development council, inc.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $487K | $675K |
| Land, buildings, equipmentLn 10c | $105K | $83K |
| Total assetsLn 16 | $647K | $837K |
| LiabilitiesLn 26 | $64K | $148K |
| Net assetsLn 32 | $584K | $689K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $31K | |||
| Pay of current officers, directors and key staffLn 5 | $166K | |||
| Other salaries and wagesLn 7 | $389K | |||
| Pension plan contributionsLn 8 | $12K | |||
| Other employee benefitsLn 9 | $70K | |||
| Payroll taxesLn 10 | $39K | |||
| Legal feesLn 11b | $235 | |||
| Accounting feesLn 11c | $21K | |||
| Other fees for servicesLn 11g | $74K | |||
| Advertising and promotionLn 12 | $150K | |||
| Office expensesLn 13 | $27K | |||
| Information technologyLn 14 | $9K | |||
| OccupancyLn 16 | $65K | |||
| TravelLn 17 | $6K | |||
| Conferences, conventions and meetingsLn 19 | $136K | |||
| Depreciation, depletion and amortizationLn 22 | $27K | |||
| InsuranceLn 23 | $771 | |||
| Other expenses (24a–d)Ln 24 | $33K | |||
| Total functional expensesLn 25 | $1.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.8M | $1.7M | $105K | $1.1M | 990 PDF |
| FY2024 | $1.6M | $1.4M | $144K | $962K | 990 PDF |
| FY2023 | $1.7M | $1.5M | $129K | $818K | 990 PDF |
| FY2022 Viewing | $1.4M | $1.3M | $116K | $689K | 990 PDF |
| FY2021 | $1.4M | $1.2M | $186K | $584K | 990 PDF |
| FY2020 | $1.4M | $1.2M | $223K | $403K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,373,235 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, 3 to look at
Part VIII · Statement of revenue $1,373,235 across 7 lines filed
Part IX · Statement of functional expenses $1,257,664 across 18 lines filed
Part X · Balance sheet $836,733 assets, 15 lines filed
Part XI · Reconciliation of net assets $689,181 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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