Durum Triangle Industrial Park Corp
- Assets
- $259.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cando, ND
- Founding
- 01/1983
- Data as of
- 12/2016
- EIN
- 45-0369532
Organization Overview
Durum Triangle Industrial Park Corp is located in Cando, ND. The organization was established in 1983. 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. Durum Triangle Industrial Park Corp is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2016, Durum Triangle Industrial Park Corp generated $33.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $51.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (27.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Peters Vice President | 1 | $0 | |
Amy Nikolaisen Director | 1 | $0 | |
Mark Brehm Sec-Treas | 2 | $0 | |
James R Gibbens President | 2 | $0 | |
Lisa Mosser Director | 1 | $0 | |
Kim Belzer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,586 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,025 |
| Investment income | $158 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,769 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $14,492 |
| Total expenses | $51,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,619 |
| Other assets | $0 |
| Total assets | $259,895 |
| Total liabilities | $41,669 |
| Net assets or fund balances | $218,226 |