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TELECOMMUNICATIONS DEVELOPMENT FUND INC

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Public IRS 990 nonprofit record

TELECOMMUNICATIONS DEVELOPMENT FUND INC

EIN 52-2077863 · Television (A32)

What they do

THE TELECOMMUNICATIONS ACT of 1996 (THE ACT), ENACTED ON FEBRUARY 8, 1996, CREATED A BODY CORPORATE to BE KNOWN AS THE TELECOMMUNCATIONS DEVELOPMENT FUND, TDF. THE CONFERENCE REPORT WHICH ACCOMPANIED THE ACT PROVIDED THAT TDF WILL BE ADMINISTERED AS A NOT for PROFIT ORGANIZATION. ON MARCH 30, 1998, TDF WAS INCORPORATED IN THE DISTRICT of COLUMBIA AS A CIVIC ORGANIZATION WITHIN THE MEANING of SECTION 501 (C)(4) of THE INTERNAL REVENUE CODE of 1986, AS AMENDED. THE PURPOSE of THE FUND IS: (A) to PROMOTE ACCESS to CAPITAL for SMALL BUSINESSES IN ORDER to ENHANCE COMPETITION IN THE TELECOMMUNICATIONS INDUSTRY; (B) to STIMULATE NEW TECHNOLOGY DEVELOPMENT, and to PROMOTE EMPLOYMENT and TRAINING; (C) to SUPPORT UNIVERSAL SERVICE and PROMOTE DELIVERY of TELECOMMUNICATIONS SERVICES to UNDERSERVED RURAL and URBAN AREAS; and (D) to RECEIVE CONTRIBUTIONS or DONATIONS to THE FUND and to REINVEST ANY REPAYMENT OF, or OTHER PAYMENT WITH RESPECT TO, LOAN, EQUITY, or OTHER EXTENSIONS of CREDIT MADE FRO

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $46.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work46.4% of expenses · Program services
0.00%of revenue went to management and office costs53.6% of expenses
$56.86in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $55,000 for RICHARD BODMAN (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$1,905,410

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$883,411 · 46.4% of expenses
Management and office costs$1,021,999 · 53.6% of expenses
See all reported dollar amounts
Revenue-$3,202,601
Expenses$1,905,410
Assets$108,347,104
Income$3,202,601
Mission work (program services)$883,411
Management and general$1,021,999
Stocks and bonds$728,070
Accounting fees$65,103
Investing fees$11,336
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RICHARD BODMANDIRECTOR $55,000
BRIAN BAILEYDIRECTOR $47,500
MARVIN BUSHDIRECTOR $42,500
MICHAEL MEECEDIRECTOR $40,000
BROOKE COBURNDIRECTOR $35,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

RICHARD BODMANDIRECTOR

BRIAN BAILEYDIRECTOR

MARVIN BUSHDIRECTOR

MICHAEL MEECEDIRECTOR

BROOKE COBURNDIRECTOR

JAMES PASTORIZACEO

About this charity

Recognized since
January 1998
Location
2 WISCONSIN CIR STE 920, CHEVY CHASE, MD 20815-7035
County
Montgomery
In care of
% THE ORGANIZATION
Primary officer
JAMES PASTORIZA, CEO

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
PWC US TAX LLP
NTEE classification
Television (A32)
IRS tax category
Television

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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