Central Florida Development Council Inc logo

Central Florida Development Council Inc

501(c)(6) organization Lakeland, FL EIN: 59-2681696 Website

Grow an economy based on high-skill, high-wage sustainable businesses. We focus on business recruitment and expansion, business advocacy, facilitating collaborative partnerships and advancing strategic initiatives in central Florida's Polk county.

Key facts about Central Florida Development Council Inc

EIN
59-2681696
Latest 990 filing
Form 990, 2025
Total assets
$1,396,882

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.4M

+2.5% YoY

Revenue

$1.8M

+13.5% YoY

Net Investment Income

$14K

+39.7% YoY

Expenses

$1.7M

+17.6% YoY

How Central Florida Development Council Inc gives

  • Giving fell 65% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

About Central Florida Development Council Inc

Based on IRS filings

Central Florida Development Council Inc is a public charity, based in Lakeland, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

LakelandBartowOrlando

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K3 grants2019 2 grants2020 2 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $6K (2022) to $17K (2019). In 2022 it made 1 grant totaling $6K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M$2M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,396,882$1,363,212$1,223,085
Revenue$1,777,711$1,566,335$1,661,102
Expenses$1,672,528$1,422,470$1,532,493
Net Investment Income$14,414$10,319$3,245

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Central Florida Development Council Inc is led by Sean Malott, President & CEO on every filing since 2019; 1 of 17 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Sean Malott

    President & CEO

    On filings since 2019

    40 hrs/week

    $135K (2019) → $167K (2025)

  • Dave Shepp

    Chair

    Competitiveness & Advocacy → Vice Chair, 2023

    Vice Chair → Chair, 2025

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Drew Wilcox

    Board Member

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Emery Smith

    Vice Chair

    Board Member → Secretary & Treasurer, 2024

    Secretary & Treasurer → Vice Chair, 2025

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Gene Conrad

    Past Chair

    Vice Chair → Chair, 2024

    Chair → Past Chair, 2025

    On filings since 2020

    3 hrs/week

    No compensation reported

  • George Lindsay

    Board Member

    County Commissioner → Board Member, 2023

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Randy Knapp

    Board Member

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Rick Garcia

    Board Member

    Aviation Committee Chair → Board Member, 2023

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Brandon Clark

    Secretary & Treasurer

    Board Member → Secretary & Treasurer, 2025

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Deena Drumgo

    Board Member

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Jeremy Voss

    Board Member

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Kyle Story

    Board Member

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Amy Bratten

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Brad Lunz

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Jeff Kincart

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Patrick Phillips

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Rick Wilson

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

Former officers (15)
  • Former: Bart Allen (2020–2024) — Board Member
  • Former: Maggie Mariucci (2020–2024) — Past Chair
  • Former: Orathai Norther (2020–2024) — Board Member
  • Former: Pete Frantzis (2020–2024) — Board Member
  • Former: Jake Polumbo (2019–2023) — Board Member
  • Former: Todd Dantzler (2019–2023) — Board Member
  • Former: Deena Ware (2020–2023) — Board Member
  • Former: Angela Garcia Falconetti (2020–2022) — Past Chair
  • Former: Bud Strang (2019–2020) — County Manager Designee
  • Former: Amy Palmer (2019) — Director
  • Former: Greg Littleton (2019) — Director
  • Former: Larry Madrid (2019) — Chair
  • Former: Leonard Mass (2019) — Director
  • Former: Matthew Johnson (2019) — Director
  • Former: Naomi Boyer (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sean Malott — President & CEO: $167KSean MalottPresident & CEO$167K

The highest reported compensation on the 2025 filing was $167K, to Sean Malott (President & CEO).

Frequently asked questions about Central Florida Development Council Inc

How large is Central Florida Development Council Inc?

Central Florida Development Council Inc reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.

Where does Central Florida Development Council Inc operate?

Central Florida Development Council Inc has awarded grants in Florida.

What is Central Florida Development Council Inc's EIN?

Central Florida Development Council Inc's EIN (Employer Identification Number) is 59-2681696. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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