Udi-community Development Corporation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Udi-community Development Corporation is a 501(c)(3) organization based in Durham, North Carolina, registered in 1974, with $1,025,494 in FY2024 revenue. CharityIndex grades it C+.
631 United Dr Ste 100, Durham, NC, 27713 EIN 56-1072965 Since 1974
Revenue (FY2024)
$1.0M
▲ 7.1% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$6.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Udi-community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating71 mo reserves · -14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Udi-community Development Corporation: 71 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Udi-community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Udi-community Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 631 United Dr Ste 100, Durham, NC, 27713
- City
- Durham
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.3M (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.0MNet assets $6.9M
Operating margin
-14.0%
Spent more than it raised in the latest fiscal year.
Total assets
$8.9M
Total liabilities
$2.0M
Net assets
$6.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,025,494▲7.1% | $1,168,888▲7.7% | $6,876,155▼2.0% | $8,905,381▼2.9% | 990 |
| 2023 | $957,820▼14.6% | $1,085,290▼7.0% | $7,019,549▼1.6% | $9,167,184▼1.9% | 990 |
| 2022 | $1,121,579▲10.7% | $1,166,628▲10.3% | $7,133,717▼0.4% | $9,344,908▲2.0% | 990 |
| 2021 | $1,013,226▼10.4% | $1,057,219▼10.5% | $7,164,378▼0.6% | $9,165,763▼1.9% | 990 |
| 2020 | $1,130,941▲12.8% | $1,181,470▲3.4% | $7,208,371▼0.7% | $9,343,906▼0.8% | 990 |
| 2019 | $1,002,880▲26.6% | $1,142,296▲6.1% | $7,258,900▼1.9% | $9,420,362▼2.3% | 990 |
| 2018 | $791,953▼0.2% | $1,076,820▲2.0% | $7,398,316▼3.7% | $9,638,766▲0.9% | 990 |
| 2017 | $793,713▼30.1% | $1,056,041▼12.0% | $7,683,183▼3.3% | $9,554,123▼3.7% | 990 |
| 2016 | $1,134,694▲11.9% | $1,200,179▲7.4% | $7,945,511▼0.8% | $9,921,263▼1.7% | 990 |
| 2015 | $1,013,907▼30.1% | $1,117,986▼2.7% | $8,010,996▼1.3% | $10,089,288▼1.9% | 990 |
| 2014 | $1,450,755▲13.7% | $1,148,541▲2.5% | $8,115,073▲3.9% | $10,288,297▲1.4% | 990 |
| 2013 | $1,276,190 | $1,120,899▼1.4% | $7,812,859▲2.0% | $10,148,332▲1.9% | 990 |
| 2012 | — | $1,136,786▼6.0% | $7,657,568▼2.3% | $9,959,533▼3.4% | 990 |
| 2011 | — | $1,209,511▼7.6% | $7,836,919▲0.7% | $10,311,732▼2.1% | 990 |
| 2010 | — | $1,308,798 | $7,783,998 | $10,528,957 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Udi-community Development Corporation a legitimate nonprofit?
- Yes. Udi-community Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1072965, based in Durham, North Carolina. Donations are tax-deductible.
- What is Udi-community Development Corporation's EIN?
- Udi-community Development Corporation's Employer Identification Number (EIN) is 56-1072965.
- How much revenue does Udi-community Development Corporation report?
- Udi-community Development Corporation reported $1,025,494 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Udi-community Development Corporation have?
- CharityIndex grades Udi-community Development Corporation C+, based on financial health (reserves and operating margin).
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Explore more
Data for Udi-community Development Corporation (EIN 56-1072965) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.