New Leipzig Development Association

Organization Overview

New Leipzig Development Association is located in Mott, ND. The organization was established in 1967. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. New Leipzig Development Association 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, New Leipzig Development Association generated $69.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $73.5k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 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 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

LOW RENTAL APARTMENTS- 18 APARTMENTS RENTED TO THE ELDERLY AND LOW INCOME PEOPLE


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$34,755
Total Program Service Revenue$34,804
Membership dues$0
Investment income $45
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$69,604

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