Ogden Development Corp Inc is located in Ogden, IA. The organization was established in 1971. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ogden Development Corp Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Ogden Development Corp Inc generated $78.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $23.3k during the year ending 12/2021. While expenses have increased by 5.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES HOUSING FOR LOW INCOME AND ELDERLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daryl Johnson President | 0 | $0 | |
Erick Johnson Sec/treas | 0 | $0 | |
Gerald Anderson Director | 0 | $0 | |
John Boehm Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $28,569 |
Membership dues | $0 |
Investment income | $14 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $49,612 |
Total Revenue | $78,195 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $10,821 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,048 |
Total expenses | $23,269 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $90,910 |
Other assets | $0 |
Total assets | $183,267 |
Total liabilities | $1,985 |
Net assets or fund balances | $181,282 |
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