Stark Development Corporation

Organization Overview

Stark Development Corporation is located in Dickinson, ND. The organization was established in 1989. 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. As of 12/2021, Stark Development Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stark Development Corporation 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 12/2021, Stark Development Corporation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 16.5% 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.

Since 2015, Stark Development Corporation has awarded 86 individual grants totaling $3,310,158. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTES THE START-UP AND GROWTH OF VARIOUS BUSINESS VENTURES WITHIN SOUTHWEST NORTH DAKOTA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ORGANIZATION PROMOTES THE START AND GROWTH OF BUSINESS WITHIN SOUTHWEST NORTH DAKOTA.


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Board, Officers & Key Employees

Name (title)Compensation
Peggy Thomas O'brien
President
$0
Mary Urlacher
Vice Preside
$0
Chris Johnson
Treasurer
$0
Lisa Roers
Secretary
$0
Tom Fath
Director
$0
Jordan Selinger
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$18,500
Fundraising events$0
Related organizations$0
Government grants $874,500
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$893,000
Total Program Service Revenue$0
Investment income $37,135
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $1,783,751

Grants Awarded

Over the last fiscal year, Stark Development Corporation has awarded $343,733 in support to 11 organizations.

Grant RecipientAmount

DSU HERITAGE FOUNDATION

Org PageRecipient Profile

Dickinson, ND

PURPOSE: SCHOLARSHIPS

$100,000

R KILEN CONSULTING LLC

PURPOSE: ACADEMY GRANT

$50,100

K SCHWARTZ PROPERTIES LLC

PURPOSE: FACADE IMPROVEMENT

$50,000

LOTZZA MOTZZA LLC

PURPOSE: FACADE IMPROVEMENT

$25,000

THEODORE ROOSEVELT EXPRESSWAY

Org PageRecipient Profile

Williston, ND

PURPOSE: ECONOMIC GROWTH

$25,000

MENS DEN SALON

PURPOSE: FACADE IMPROVEMENT

$25,000
View Grant Profile

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