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 12/2022, Ogden Development Corp Inc generated $32.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $32.8k during the year ending 12/2022. While expenses have increased by 6.0% 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
2022
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 | $31,990 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,019 |
| 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 | $1,499 |
| Occupancy, rent, utilities, and maintenance | $19,177 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,114 |
| Total expenses | $32,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,872 |
| Other assets | $0 |
| Total assets | $182,497 |
| Total liabilities | $1,986 |
| Net assets or fund balances | $180,511 |