Capital Regional Development Council
THE ORGANIZATION'S MISSION IS PRIVATE SECTOR JOB CREATION/RETENTION AND PRIVATE PROPERTY TAX BASE ENHANCEMENT. CORE ACTIVITIES INCLUDE SMALL BUSINESS LENDING, REAL ESTATE DEVELOPMENT, AND ECONOMIC DEVELOPMENT CONSULTING.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$14.0M
-2.1% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $14,035,891 | $14,334,114 | $14,908,735 |
| Revenue | $1,168,096 | $1,068,226 | $1,009,695 |
| Expenses | $965,904 | $963,121 | $921,465 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $75,554 | $83,045 | $35,059 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Capital Regional Development Council fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID PETERSON | VICE PRESIDENT (INCOMING PRESIDENT) | 2 | — |
| JAMES GOODHUE | DIRECTOR | 2 | — |
| JAMES LYNCH | DIRECTOR | 2 | — |
| JANET ACKERMAN | DIRECTOR | 2 | — |
| JOE CONWAY | TREASURER | 2 | — |
| RYAN AUDLEY | PRESIDENT (OUTGOING) | 2 | — |
| THOMAS SULLIVAN | SECRETARY | 2 | — |
| LYNDSEE PASKALIS | DIRECTOR | 2 | — |
| MATT WALSH | DIRECTOR | 2 | — |
| STEPHEN A HEAVENER | EXECUTIVE VICE PRESIDENT | 40 | $205,760 |
| JENNIFER BOULANGER | SENIOR LOAN OFFICER | 40 | $183,760 |
| CHARLES GILBOY | LOAN OFFICER | 40 | $116,261 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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