Vineland Development Corporation

Vineland Development Corporation shows significant asset growth and low expenses with no reported officer compensation.

EIN: 205188780 · Vineland, NJ · NTEE: S20 · Updated: 2026-03-28

$4.5MRevenue

$91.7MAssets

90/100Mission Score (Excellent)

S20

About Vineland Development Corporation

Vineland Development Corporation (EIN: 205188780) is a nonprofit organization based in Vineland, NJ, classified under NTEE code S20. The organization reported total revenue of $4.5M and total assets of $91.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vineland Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Vineland Development Corporation demonstrates strong financial health, with assets growing significantly from $10.2 million in 2019 to over $91.7 million currently. The organization consistently reports low expenses relative to its revenue, indicating efficient operations. For example, in the 202406 period, expenses were $1,356,657 against revenue of $5,209,328, and in 202306, expenses were $1,281,275 against revenue of $5,230,999. This suggests a substantial portion of revenue is retained or invested, contributing to asset growth.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership or that compensation is not reported in this section, warranting further investigation. The substantial increase in assets, particularly between 2019 and 2020, from $10.2 million to $76.4 million, suggests significant capital acquisition or investment activities.

Overall, Vineland Development Corporation appears to be a financially robust organization with a strong track record of asset growth and efficient spending, as evidenced by its low expense-to-revenue ratio. The absence of reported officer compensation is a positive sign for donor confidence, assuming key leadership roles are genuinely uncompensated or compensated through other means not captured in this specific data point.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vineland Development Corporation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Vineland Development Corporation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $91 million. This suggests either a fully volunteer-led executive team or that compensation is reported under different categories not captured in the 'Officer Comp' metric.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Vineland Development Corporation's IRS 990 filings:

Unusually low expense-to-revenue ratio, potentially indicating significant accumulation of funds rather than immediate program deployment (e.g., 202406 expenses were $1.3M on $5.2M revenue).
Consistent 0% officer compensation for an organization of this scale warrants further scrutiny to understand how leadership is compensated or sustained.

Strengths

The following positive indicators were identified for Vineland Development Corporation:

Exceptional asset growth, from $10.2 million in 2019 to over $91.7 million currently, indicating strong financial management and investment.
Very low expenses relative to revenue, suggesting high operational efficiency and ability to retain funds for future initiatives.
Consistent filing history (14 filings) demonstrates good transparency and compliance.
No reported officer compensation, which can be a strong positive for donor confidence if leadership is genuinely volunteer-based.

Frequently Asked Questions about Vineland Development Corporation

How does Vineland Development Corporation manage to have 0% officer compensation with such large assets?

The consistent reporting of 0% officer compensation across all filings, despite significant asset growth and revenue, suggests that executive leadership may be entirely volunteer-based, or their compensation is categorized differently within the 990 form, such as through management fees to related entities or as general salaries not specifically attributed to officers.

What caused the massive asset increase between 2019 and 2020?

Assets jumped from $10,246,172 in 201906 to $76,442,159 in 202006. This substantial increase likely indicates a major capital acquisition, a large grant, significant investment gains, or a merger/consolidation event during that period.

What is the primary use of the organization's substantial assets?

With over $91 million in assets, and given its NTEE code S20 (Community & Economic Development), it's probable that these assets are primarily invested in real estate, infrastructure projects, or other long-term development initiatives within the Vineland community.

Filing History

IRS 990 filing history for Vineland Development Corporation showing financial trends over 14 years of public records:

Total assets increased by 1000.2% over the same period, from $8.0M to $88.1M. Total functional expenses rose by 8510.4%, from $16K to $1.4M. In its most recent filing year (2024), Vineland Development Corporation reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $3.7M in liabilities against $88.1M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $84.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$5.2M	$1.4M	$88.1M	$3.7M	—	View 990
2023	$5.2M	$1.3M	$81.3M	$673K	—	View 990
2022	$3.7M	$1.8M	$77.4M	$799K	—	View 990
2021	$3.7M	$3.9M	$75.6M	$896K	—	View 990
2020	$4.2M	$2.5M	$76.4M	$1.7M	—	View 990
2019	$556K	$358K	$10.2M	$4.6M	—	View 990
2018	$6.7M	$1.1M	$10.3M	$4.9M	—	View 990
2017	$373K	$193K	$8.2M	$3.2M	—	View 990
2016	$920K	$116K	$8.4M	$3.5M	—	View 990
2015	$3.9M	$278K	$8.0M	$3.9M	—	View 990
2014	$220K	$150K	$9.1M	$8.7M	—	View 990
2013	$245K	$0	$9.5M	$9.1M	—	View 990
2012	$107K	$56K	$9.4M	$9.3M	—	View 990
2011	$-71,426	$16K	$8.0M	$7.3M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $5.2M, expenses of $1.4M, and assets of $88.1M (revenue -0.4% year-over-year).
2023: Revenue of $5.2M, expenses of $1.3M, and assets of $81.3M (revenue +39.7% year-over-year).
2022: Revenue of $3.7M, expenses of $1.8M, and assets of $77.4M (revenue +1.2% year-over-year).
2021: Revenue of $3.7M, expenses of $3.9M, and assets of $75.6M (revenue -11.6% year-over-year).
2020: Revenue of $4.2M, expenses of $2.5M, and assets of $76.4M (revenue +653.1% year-over-year).
2019: Revenue of $556K, expenses of $358K, and assets of $10.2M (revenue -91.7% year-over-year).
2018: Revenue of $6.7M, expenses of $1.1M, and assets of $10.3M (revenue +1692.2% year-over-year).
2017: Revenue of $373K, expenses of $193K, and assets of $8.2M (revenue -59.4% year-over-year).
2016: Revenue of $920K, expenses of $116K, and assets of $8.4M (revenue -76.5% year-over-year).
2015: Revenue of $3.9M, expenses of $278K, and assets of $8.0M (revenue +1676.8% year-over-year).
2014: Revenue of $220K, expenses of $150K, and assets of $9.1M (revenue -10.2% year-over-year).
2013: Revenue of $245K, expenses of $0, and assets of $9.5M (revenue +129.6% year-over-year).
2012: Revenue of $107K, expenses of $56K, and assets of $9.4M.
2011: Revenue of $-71,426, expenses of $16K, and assets of $8.0M.

Data Sources and Methodology

This transparency report for Vineland Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.