WATERMARK COMMUNITY DEVELOPMENT CORPORATION

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Cite this

Plain text WATERMARK COMMUNITY DEVELOPMENT CORPORATION. furp.org, nonprofit organization profile, tax years 2023–2024. https://furp.org/org/watermark-community-development-corporation-831694758. Retrieved 2026-11-05.

APA furp.org. (n.d.). WATERMARK COMMUNITY DEVELOPMENT CORPORATION [Nonprofit organization profile; tax years 2023–2024]. Retrieved November 5, 2026, from https://furp.org/org/watermark-community-development-corporation-831694758

MLA “WATERMARK COMMUNITY DEVELOPMENT CORPORATION.” furp.org, tax years 2023–2024, https://furp.org/org/watermark-community-development-corporation-831694758. Accessed 5 Nov. 2026.

Retrieved 2026-11-05; covers tax years 2023–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $1.2M · expenses $1.1M · assets $453K

EIN
83-1694758
Address
7540 LYNDON B JOHNSON FWY, DALLAS, TX 75251-1007
Website
HTTPS://WWW.WATERMARKCDC.ORG
NTEE code
J22 Job Training (Employment) published (IRS Business Master File)
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
July 2019 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity supported by the public (170(b)(1)(a)(vi))
Principal officer
BRANDON BLOOM (its 2023 Form 990-N)
Form 990-N e-postcards
1 filed, 2023 (organizations with gross receipts normally $50,000 or less file this instead of a full Form 990) IRS data ↗
Cross-check
ProPublica Nonprofit Explorer

Mission

FURTHER THE NAME OF JESUS BY DEPLOYING HIS PEOPLE AND RESOURCES TO MEET THE MOST STRATEGIC AND TRANSFORMATIONAL ECONOMIC NEEDS IN OUR COMMUNITY.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 15 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

15 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Lance Thrailkill BOARD CHAIRMAN2024 0 $0 reported 1
Keith Shephelwich FINANCIAL EMPOWERMENT2023-2024 0 $0 reported 1
Bill Ashbaugh FINANCIAL EMPOWERMENT2024 0 $0 reported 1
Dawn Johnson FINANCIAL EMPOWERMENT2024 0 $0 reported 1
Andy Kerner VOCATIONAL TRAINING & EMPLOYMENT2023-2024 0 $0 reported 1
Jeff Ward VOCATIONAL TRAINING & EMPLOYMENT2023-2024 0 $0 reported 1
Jelleta King VOCATIONAL TRAINING & EMPLOYMENT2024 0 $0 reported 1
Kacie Martin BUSINESS & ECONOMIC DEVELOPMENT2023-2024 0 $0 reported 1
Josh Mckee BUSINESS & ECONOMIC DEVELOPMENT2024 0 $0 reported 1
Brandon Bloom (former) BOARD MEMBER2023 0 $0 reported 1
Lance Thraikill (former) BOARD MEMBER2023 0 $0 reported 1
Scott Luttrell (former) BOARD MEMBER2023 0 $0 reported 1
Brett Johnston (former) BOARD MEMBER2023 0 $0 reported 1
Ryan Wall (former) BOARD MEMBER2023 0 $0 reported 1
Greg Cooks (former) BOARD MEMBER2023 0 $0 reported 1

People by year

2024 · 9 people listed · none paid · 4 employees · 120 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LANCE THRAILKILL BOARD CHAIRMAN0 $0$0$0 $01
KEITH SHEPHELWICH FINANCIAL EMPOWERMENT0 $0$0$0 $01
BILL ASHBAUGH FINANCIAL EMPOWERMENT0 $0$0$0 $01
DAWN JOHNSON FINANCIAL EMPOWERMENT0 $0$0$0 $01
ANDY KERNER VOCATIONAL TRAINING & EMPLOYMENT0 $0$0$0 $01
JEFF WARD VOCATIONAL TRAINING & EMPLOYMENT0 $0$0$0 $01
JELLETA KING VOCATIONAL TRAINING & EMPLOYMENT0 $0$0$0 $01
KACIE MARTIN BUSINESS & ECONOMIC DEVELOPMENT0 $0$0$0 $01
JOSH MCKEE BUSINESS & ECONOMIC DEVELOPMENT0 $0$0$0 $01
2023 · 10 people listed · none paid · 4 employees · 188 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ANDY KERNER CHAIRMAN0 $0$0$0 $01
KEITH SHEPHELWICH BOARD MEMBER0 $0$0$0 $01
BRANDON BLOOM BOARD MEMBER0 $0$0$0 $01
LANCE THRAIKILL BOARD MEMBER0 $0$0$0 $01
JEFF WARD BOARD MEMBER0 $0$0$0 $01
SCOTT LUTTRELL BOARD MEMBER0 $0$0$0 $01
KACIE MARTIN BOARD MEMBER0 $0$0$0 $01
BRETT JOHNSTON BOARD MEMBER0 $0$0$0 $01
RYAN WALL BOARD MEMBER0 $0$0$0 $01
GREG COOKS BOARD MEMBER0 $0$0$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$1,198,183$1,103,214 $452,951$452,924 $1,188,003$0 $04120
2023 · Form 990 period ending 2023-12-31 · amended · view filing · original 990 ↗
$744,315$1,057,883 $359,620$357,955 $729,603$0 $04188

Funders of this organization

12 grantors reported grants to this organization, $1,172,885 in all, tax years 2020 to 2025. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
COMMUNITIES FOUNDATION OF TEXAS DAF sponsor Exact 2021-2024 4$352,402 2024$150,398
show
DONOR ADVISED CHARITABLE GIVING DAF sponsor Exact 2022-2024 3$259,300 2024$87,300
show
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor Exact 2020-2024 5$203,350 2024$85,350
show
RAYMOND JAMES CHARITABLE ENDOWMENT FUND DAF sponsor Exact 2024 1$120,000 2024$120,000
show
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor Exact 2023-2024 2$79,000 2024$59,000
show
THE BLACKBAUD GIVING FUND DAF sponsor Exact 2022-2023, 2025 3$56,080 2025$30,000
show
CHRISTIAN COMMUNITY FOUNDATION INC DAF sponsor Exact 2024 1$35,000 2024$35,000
show
TEXAS CAPITAL BANK FOUNDATION Private foundation Fuzzy filed as “Watermark Community Development Corporation” 2025 1$30,000 2025$30,000
show
AMERICAN GIFT FUND DAF sponsor Exact 2024 1$19,000 2024$19,000
show
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor Exact 2025 1$10,453 2025$10,453
show
STATE FAIR OF TEXAS Public charity Exact 2023 1$8,000 2023$8,000
show
EDWARD JONES FOUNDATION Private foundation Fuzzy filed as “WATERMARK COMMUNITY DEVELOPMENT CORPORATION” 2024 1$300 2024$300
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
EDUCATIONAL PROGRAMS INSPIRING COMMUNITIES INCTXJ22 $1,194,549$1,507,919 Executive Director$101,519 Same NTEE code J22, revenue within 2x, same state
ASSOCIATED BUILDERS & CONTRACTORS MERIT SHOP TRAINING PROGRAM INCTXJ22 $1,866,412$1,848,107 PRESIDENT$127,033 Same NTEE code J22, revenue within 2x, same state
GOOD WORKS COLLECTIVETXJ22 $862,682$493,896 President$94,804 Same NTEE code J22, revenue within 2x, same state
CONSTRUCTION AND MAINTENANCE EDUCATION FOUNDATIONTXJ22 $2,274,529$2,188,167 President$263,589 Same NTEE code J22, revenue within 2x, same state
S & R TRUCK DRIVING INSTITUTETXJ22 $645,710$611,884 DIRECTOR$0 Same NTEE code J22, revenue within 2x, same state
VICKERY TRADING COMPANY INCTXJ22 $611,835$557,981 Chair ED Founder$50,000 Same NTEE code J22, revenue within 2x, same state
HIP HEALTHY INNOVATIVE PROCESSESTXJ22 $678,003$699,745 Board Member$0 Same NTEE code J22, revenue within 2x, same state
HOMEAID AUSTIN INCTXJ22 $1,170,999$1,107,217 Executive Director$95,561 Same NTEE code J22, revenue within 2x, same state
ASSOCIATED BUILDERS AND CONTRACTORS OF SOUTHEAST TEXASTXJ22 $1,434,918$1,170,646 President$177,085 Same NTEE code J22, revenue within 2x, same state
WEST TEXAS ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUSTTXJ22 $818,027$811,086 TRAINING DIRECTOR$117,078 Same NTEE code J22, revenue within 2x, same state
SHEPHARD COMMUNITY DEVELOPMENT CORPORATIONINJ22 $648,982$180,276 Executive Director$156,991 Same NTEE code J22, revenue within 2x, similar name
GREAT LAKES TRAINING & DEVELOPMENT CORPWIJ22 $1,007,924$1,024,953 CHAIRMAN$7,800 Same NTEE code J22, revenue within 2x
CENTRAL SIX DEVELOPMENT COUNCILALJ22 $1,296,981$1,256,306 EXECUTIVE DI$141,731 Same NTEE code J22, revenue within 2x
KEYSTONE DEVELOPMENT PARTNERSHIPPAJ22 $952,699$894,698 CHAIRPERSON$254,950 Same NTEE code J22, revenue within 2x
SIMPSON STREET DEVELOPMENT ASSOCIATION INCNYJ22 $1,175,570$1,160,570 EXECUTIVE DIRECTOR$85,302 Same NTEE code J22, revenue within 2x
NEW HAVEN DEVELOPMENT CENTER INCFLJ22 $1,360,000$387,375 VP$286,000 Same NTEE code J22, revenue within 2x
ASIAN ECONOMIC DEVELOPMENT ASSOCIATIONMNJ22 $1,075,432$1,228,033 EXECUTIVE DIRECTOR$157,848 Same NTEE code J22, revenue within 2x
FAITH WORKS COMMUNITY COALITIONCAJ22 $1,727,059$1,021,515 Executive Dir.$105,571 Same NTEE code J22, revenue within 2x
GARDEN 31 COMMUNITY INITIATIVE INCCAJ22 $727,063$785,332 BOARD CHAIRPERSON$0 Same NTEE code J22, revenue within 2x
SMALL BUSINESS SYNERGY CORPORATIONMOJ22 $839,700$907,732 CEO$270,326 Same NTEE code J22, revenue within 2x
JANE ADDAMS RESOURCE CORPORATION - BALTIMOREILJ22 $2,208,659$1,514,923 PRESIDENT$188,743 Same NTEE code J22, revenue within 2x
JANE ADDAMS RESOURCE CORPORATION - RHODE ISLANDRIJ22 $1,077,137$1,231,487 PRESIDENT$188,743 Same NTEE code J22, revenue within 2x
LOCAL ECONOMIC & EMPLOYEMENT DEVELOPMENT COUNCIL INCILJ22 $830,083$480,717 Executive Director$94,598 Same NTEE code J22, revenue within 2x
KNEAD COMMUNITY CAFEPAJ22 $681,159$405,795 CHEF$42,675 Same NTEE code J22, revenue within 2x
CAPE AND ISLANDS WORKFORCE DEVELOPMENT BOARD INCMAJ22 $1,385,095$1,265,585 EXECUTIVE DI$161,155 Same NTEE code J22, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
THE MIAMI FOUNDATION INC DAF sponsor$4,268,5496 22017–2024 PARTNERS FOR SELF-EMPLOYMENT INC; ASIAN ECONOMIC DEVELOPMENT ASSOCIATION
W K KELLOGG FOUNDATION Private foundation$4,010,57521 22009–2024 SOUTHWEST CREATIONS COLLABORATIVE; ASIAN ECONOMIC DEVELOPMENT ASSOCIATION
JOHN D & CATHERINE T MACARTHUR FOUNDATION Private foundation$2,992,00013 12011–2021 NONPROLIFERATION POLICY EDUCATION CENTER
FIDELITY INVESTMENTS CHARITABLE GIFT FUND funds this one DAF sponsor$2,455,23659 202016–2024 L&J EMPOWERMENT; REFUGE COFFEE INC; SALT LAKE CITY BICYCLE COLLECTIVE; CRISTO REY RESEARCH TRIANGLE CORPORATE WORK STUDY PROGRAM INC and 16 more
CARNEGIE CORPORATION OF NEW YORK Private foundation$2,244,70014 12011–2023 NONPROLIFERATION POLICY EDUCATION CENTER
MOTHER CABRINI HEALTH FOUNDATION Private foundation$1,802,5006 12020–2024 BRADY SOCIAL ENTERPRISES INC
KRESGE FOUNDATION Private foundation$1,198,33310 12016–2023 ASIAN ECONOMIC DEVELOPMENT ASSOCIATION
SARAH SCAIFE FOUNDATION INC Private foundation$937,5005 12020–2024 NONPROLIFERATION POLICY EDUCATION CENTER
NATIONAL CHRISTIAN CHARITABLE FOUNDATION funds this one DAF sponsor$906,71633 72014–2024 REFUGE COFFEE INC; RESTORE LIFE INCORPORATED; SWAN VOCATIONAL ENTERPRISES; VICKERY TRADING COMPANY INC and 3 more
ERGON FOUNDATION INC Private foundation$800,0004 12021–2024 ASPHALT INSTITUTE FOUNDATION INC
PURE INC DAF sponsor$768,80814 22016–2024 RESTORE LIFE INCORPORATED; REFUGE COFFEE INC
FIDELITY FOUNDATION Private foundation$750,0004 12019–2024 SOUTHWEST CREATIONS COLLABORATIVE
AMERICAN ONLINE GIVING FOUNDATION INC funds this one DAF sponsor$621,30943 172019–2025 L&J EMPOWERMENT; SWAN VOCATIONAL ENTERPRISES; BLACKS IN TECHNOLOGY FOUNDATION; 1951 COFFEE COMPANY and 13 more
DONORS TRUST INC DAF sponsor$600,0001 12020–2020 NEW CENTURY FOUNDATION
EAST BAY COMMUNITY FOUNDATION DAF sponsor$579,7947 22014–2019 BREAD PROJECT; 1951 COFFEE COMPANY

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $1,103,214 spent · pay $712,554 · grants $202,767 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other salaries and wages $551,806-$551,806- 50.0%
Grants to US individuals $202,767$202,767-- 18.4%
Other employee benefits $92,850-$92,850- 8.4%
Other (as described)BUSINESS COHORT $58,634$58,634-- 5.3%
Payroll taxes $44,565-$44,565- 4.0%
Information technology $43,137-$43,137- 3.9%
Advertising and promotion $42,925-$42,925- 3.9%
Pension plan contributions $23,333-$23,333- 2.1%
Other (as described)JOB CONNECTION PROGRAM $10,065$10,065-- 0.9%
Other (as described)SOFTWARE $8,310-$8,310- 0.8%
All other expenses $8,122-$8,122- 0.7%
Fees: accounting $7,014-$7,014- 0.6%
Office expenses $3,244-$3,244- 0.3%
Other (as described)PAYROLL FEES $2,772-$2,772- 0.3%
Insurance $2,157-$2,157- 0.2%
Travel $1,513-$1,513- 0.1%
Total$1,103,214100%

View the filing

2023 · Form 990 · $1,057,883 spent · pay $582,031 · grants $270,191 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other salaries and wages $432,702-$432,702- 40.9%
Grants to US individuals $270,191$270,191-- 25.5%
Other employee benefits $92,751-$92,751- 8.8%
Other (as described)GENERAL AND ADMINISTRAT $83,178-$83,178- 7.9%
Other (as described)BUSINESS COHORT $51,430$51,430-- 4.9%
Payroll taxes $36,515-$36,515- 3.5%
Other (as described)JOB CONNECTION PROGRAM $34,638$34,638-- 3.3%
Advertising and promotion $26,974-$26,974- 2.5%
Pension plan contributions $20,063-$20,063- 1.9%
Fees: accounting $6,275-$6,275- 0.6%
Other (as described)PAYROLL FEES $1,997-$1,997- 0.2%
All other expenses $1,169-$1,169- 0.1%
Total$1,057,883100%

View the filing

State business registration

The same business name in the same state, from the state’s official registry data.

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