La Moure Community Development Corp

Organization Overview

La Moure Community Development Corp is located in LaMoure, ND. The organization was established in 1967. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. LA Moure Community Development Corp 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 06/2023, LA Moure Community Development Corp generated $127.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $79.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, LA Moure Community Development Corp has awarded 39 individual grants totaling $428,423. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST BUSINESS AND ORGANIZATIONS IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS PROVIDED GRANTS OR LOW INTEREST LOANS TO ASSIST WITH ECONOMIC DEVELOPMENT IN THE COMMUNITY. DURING FY2023, THE ORGANIZATION PROVIDED ZERO INTEREST LOANS TO THE HAPPY SENIORS CLUB. THE ORGANIZATION PROMOTED THE BUSINESS ENTREPRENEURIAL NATURE FOR THE BUSINESS IN LAMOURE FOR A POSSIBLE BUSINESS VENTURE. THE ORGANIZATION ASSISTED IN BUILDING RENOVATION COSTS FOR BUILDINGS TO BRING MEDICAL SERVICES TO THE COMMUNITY. THE ORGANIZATION ALSO KEPT ASSISTING THE LOAN PAYMENT OF A NEW HARDWARE / GROCERY STORE 9 YEARS AGO BY ASSISTING IN THE 10 YEAR PAYMENT PLAN. THIS IS TO IMPROVE THE QUALITY OF LIFE AND BUSINESS IN LAMOURE.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Nogosek
President
$0
Ray Thielges
Vice President
$0
Vince Watkins
Secretary
$0
Mitch Carlson
Treasurer
$0
Brent Thielges
Director
$0
Clint Hoggarth
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $84,232
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$84,232
Total Program Service Revenue$0
Investment income $8,234
Tax Exempt Bond Proceeds $0
Royalties $24,705
Net Rental Income $10,600
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $127,771

Grants Awarded

Over the last fiscal year, La Moure Community Development Corp has awarded $46,000 in support to 3 organizations.

Grant RecipientAmount

LITTLE LOBOES BRIGHT BEGINNINGS

PURPOSE: Business Start-Up Expenses

$10,000

PROFESSIONAL EYECARE

PURPOSE: Business Start-Up Expenses

$10,000

LAMOURE LIONS CLUB

PURPOSE: Renovation to Local Track

$26,000
View Grant Profile

Peer Organizations

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$12,980,509
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$11,082,876
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$5,519,387
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$14,048,128
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$4,880,577
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$248,223
Minneapolis Regional Chamber Development Foundation
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$1,612,535
Minot Community Foundation
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$2,217,446
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$1,757,189
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$2,366,402
Amplio Economic Development Corporation
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$1,724,789
Grand Rapids Area Community Fndtn
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$3,093,747
Neighborhood Development Alliance Inc
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$1,853,808

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