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United Nations Development Corporation

New York, NY · EIN 13-2626199 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

United Nations Development Corporation reported $43.7 million in revenue and $35.6 million in expenses for calendar year 2024. Of every $100 it spent, $84.32 went to program services, $15.68 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.0% of the total. The highest compensation it reported for one person was $405,756 (EXECUTIVE VP & GENERAL COUNSEL). 8 people received more than $100,000 in reportable compensation. Revenue fell 12% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $44M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.3%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
15.7%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
87.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$405,756$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.14%1.06%
People paid over $100,000
Part VII, line 2
810
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
58.57.5
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$30M expenses · 100.0% of program spending · revenue $38M

Building operations - provide needed facilities for the u.n. Community in new york city

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE VP & GENERAL COUNSEL
Officer, 40.00 hrs/week
$290,208$0$115,548$405,756
VP/TREASURER
Officer, 40.00 hrs/week
$186,164$0$85,399$271,563
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$159,261$0$71,439$230,700
ASST VP, DIR OF MWBE COMPLIANCE
Highest compensated employee, 40.00 hrs/week
$110,633$0$76,899$187,532
DEPUTY CONTROLLER
Highest compensated employee, 40.00 hrs/week
$124,794$0$57,049$181,843
SENIOR AUDITOR
Highest compensated employee, 40.00 hrs/week
$121,433$0$51,994$173,427
ACCOUNTING SECRETARY
Highest compensated employee, 40.00 hrs/week
$101,008$0$60,932$161,940
VICE PRESIDENT (FORMER)
Former, 40.00 hrs/week
$112,425$0$1,594$114,019

8 people received more than $100,000 in reportable compensation from United Nations Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$44M$36M84.3%$173M$405,756
2023 ⓘ$44M$35M85.2%$165M$383,971
2022 ⓘ$46M$32M89.4%$154M$359,034
2021 ⓘ$46M$29M90.3%$140M$348,037
2020 ⓘ$48M$33M92.4%$124M$337,283
2019 ⓘ$50M$44M94.6%$110M$328,249

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 512
  • Volunteers Part I, line 615

Correct a figure or respond

Every number above is copied from United Nations Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for United Nations Development Corporation, you can publish a response that is linked from this page.

Questions people ask

How much of United Nations Development Corporation's spending goes to programs?

In calendar year 2024, United Nations Development Corporation reported that 84.3% of its $35.6 million in expenses went to program services, 15.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does United Nations Development Corporation pay its top executive?

The largest total compensation United Nations Development Corporation reported for one person in calendar year 2024 was $405,756, for the role of EXECUTIVE VP & GENERAL COUNSEL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does United Nations Development Corporation get its money?

Of $43.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 87.0% from program service revenue (Form 990, Part VIII).

Is United Nations Development Corporation a registered charity?

The IRS lists EIN 13-2626199 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202522819349300737 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442789349301659 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332649349301133 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203059349302180 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202122919349301912 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043119349301069 · read the filing

All filings for EIN 13-2626199: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.