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Living Development Concepts Inc

EIN 62-1855943 · Nashville, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

AFFORDABLE HOUSING AND VOLUNTEER PROGRAM

Income
$1.1 million
Spending
$1.0 million
Spent on programs
100%
Reserves
20.1 months of spending
Largest source of income
donations and private grants, 55%
Employees
0
Highest pay
$220,900, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 88% of charities in its peer group (employment, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 20.1 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    15 of 15

    Income rose 4% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 59% of charities in its peer group (employment, $1m to $10m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.0 million spent. Grant Funding Secured (Barnes Housing Trust Fund Round #15): On May 7, 2025, the Barnes Housing Trust Fund Commission approved additional grant funding to support three (3) homebuyer projects. The funding was designated for the following donated lots at 169 Old Hermitage Ave.: 169(A), 169(B), and 169(C)to be developed into three (3) affordable housing units. Homebuilding & Sales Production: LDC successfully built four (4) homes and sold two (2) homes at the following locations: - 229 Center St., Old Hickory, TN 37138 Closed March 4, 2025 - 8 Cannon St., Nashville, TN 37210 Completed May 28, 2025 - 1601 Wheless St., Nashville, TN 37208 Closed June 10, 2025 - 2115 Dabbs Ave., Nashville, TN 37217 Completed Sept. 27, 2025 Contract Execution: LDC received a fully executed contract for 8 Cannon St., Nashville, TN 37210 on December 29, 2025. Community and Economic Impact: Through community engagement efforts as of 2025, LDC has helped over 20 individuals become business owners through our Mindset Change Entrepreneurial Program. Holiday Outreach: On December 14, 2025, LDC hosted its 3rd Annual Christmas Kickback at Bradley Academy (Dr. Martin Luther King Jr. Blvd., Murfreesboro, TN). The event provided Christmas gifts to 24 children and lunch for more than 50 low-income families.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.