Bondurant Development Inc
- Assets
- $49.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bondurant, IA
- Founding
- 01/2002
- Data as of
- 06/2019
- EIN
- 42-1445950
Organization Overview
Bondurant Development Inc is located in Bondurant, IA. The organization was established in 2002. According to its NTEE Classification (S30) the organization is classified as: 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. Bondurant Development Inc 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 06/2019, Bondurant Development Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $13.1k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (41.6%) per year over the past 4 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PROMOTION AND SUPPORT OF THE CITY OF BONDURANT, IOWA AND ITS BUSINESSES WITHIN THE MEANING OF SECTION 501(C) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT COSTS FOR THE PORCH SWINGS AND FIREFLIES PARK LOCATED IN BONDURANT, IOWA
DEVELOPMENT COSTS FOR THE PORCH SWINGS AND FIREFLIES PARK LOCATED IN BONDURANT, IOWA
JAZZ IN JULY/SIDEWALK CHALK FESTIVAL COMMUNITY EVENT.
JAZZ IN JULY/SIDEWALK CHALK FESTIVAL COMMUNITY EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Pfaltzgraff President | 1 | $0 | |
Michael W Mcnichols Treasurer | 0.5 | $0 | |
Mark Densmore Past Treasur | 0.5 | $0 | |
Todd Omundson Director | 0.5 | $0 | |
Josh Bryant Director | 0.5 | $0 | |
Jim Gocke Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,974 |
| Total Program Service Revenue | $4,050 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,468 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,412 |
| Total expenses | $13,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,297 |
| Other assets | $0 |
| Total assets | $49,297 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,297 |