Ocdc Inc

Organization Overview

Ocdc Inc, operating under the name Co Van Bruggen & Vande Vegte Pc, is located in Orange City, IA. The organization was established in 2008. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Co Van Bruggen & Vande Vegte Pc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Co Van Bruggen & Vande Vegte Pc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $769.4k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE THE NECESSARY ECONOMIC PILLARS TO SUPPORT AND SUSTAIN THE COMMUNITY'S FUTURE GROWTH AND DEVELOPMENT. IMPROVEMENTS AND EXPANSION OF THE COMMUNITY'S QUALITY OF LIFE AMENITIES, TAX BASE FOR PUBLIC SERVICES AND THE NECESSARY MIX OF COMMERCIAL GOODS AND SERVICES WILL SERVE AS ITS FOCUS. BY TARGETING NEW BUSINESS START-UPS WITH LOCAL OWNERSHIP AND THE EXPANSION OF EXISTING BUSINESSES, THE CREATION OF NEW CAREER AND JOB OPPORTUNITIES WILL MATERIALIZE TO ATTRACT NEW FAMILIES AND FUTURE POPULATION GROWTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO CREATE PUBLIC AWARENESS AND INVOLVEMENT TO RESPOND TO THE ECONOMIC CONDITIONS THAT CHALLENGE THE COMMUNITY'S FUTURE GROWTH; SUPPORT SMALL BUSINESS DEVELOPMENT BY FACILITATING ACCESS TO FINANCIAL RESOURCES AND OTHER ASSISTANCE PROGRAMS; ASSIST SMALL BUSINESS CREATION THROUGH THE REDEVELOPMENT OF EXISTING PROPERTIES AND THE DEVELOPMENT OF NEW PROPERTIES; WORK WITH THE REGIONAL COMMUNITY COLLEGE TO ESTABLISH AND IMPLEMENT PROFESSIONAL DEVELOPMENT PROGRAMS FOR NEW BUSINESS OWNERS AND TRAIN PROSPECTIVE EMPLOYEES WITH CURRENT JOB SKILLS.


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Board, Officers & Key Employees

Name (title)Compensation
Lyle Korver
Vice Preside
$0
Daryl Beltman
President
$0
Dave Hughes
Secretary/tr
$0
Bradley K DE Jong
Board Member
$0
Marty Guthmiller
Board Member
$0
Jo Van Gorp
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$101,739
Government grants $46,300
All other contributions, gifts, grants, and similar amounts not included above$5,750
Noncash contributions included in lines 1a–1f $101,739
Total Revenue from Contributions, Gifts, Grants & Similar$153,789
Total Program Service Revenue$721,441
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $403,735
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,328,566

Grants Awarded

Over the last fiscal year, Ocdc Inc has awarded $198,057 in support to 2 organizations.

Grant RecipientAmount

SIOUX COUNTY REGIONAL AIRPORT AGENC

PURPOSE: DEVELOPMENT

$111,600

CITY OF ORANGE CITY

PURPOSE: COMMUNITY DEVELOPMEN

$86,457
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ocdc Inc has recieved totaling $10,100.

Awarding OrganizationAmount
Barnabas Foundation

Crete, IL

PURPOSE: General Support

$10,100
View Grant Recipient Profile

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