Langford Development Corp
- Assets
- $146.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Langford, SD
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 86-0269884
Organization Overview
Langford Development Corp is located in Langford, SD. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Langford 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 12/2021, Langford Development Corp generated $35.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $37.8k during the year ending 12/2021. While expenses have increased by 3.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Likness Secretary-Tr | 5 | $3,850 | |
Gene Larson Director | 0 | $0 | |
Matt Nelson Director | 0 | $0 | |
Steve Swanson Director | 0 | $0 | |
Mark Nelson Director | 0 | $0 | |
Chad Hardy Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,408 |
| Total Program Service Revenue | $31,755 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,183 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,850 |
| Professional fees and other payments to independent contractors | $591 |
| Occupancy, rent, utilities, and maintenance | $5,738 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,643 |
| Total expenses | $37,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,536 |
| Other assets | $0 |
| Total assets | $146,309 |
| Total liabilities | $2,962 |
| Net assets or fund balances | $143,347 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Community Options Inc Winona, MN | $11,542,509 | $9,788,629 |
Phm New Richmond Senior Housing Inc Roseville, MN | $18,158,628 | $8,376,438 |
Greater Minnesota Housing Fund St Paul, MN | $209,115,546 | $19,170,053 |
American Indian Community Development Corporation Minneapolis, MN | $37,892,319 | $10,832,403 |
Phw Menomonee Falls Inc Roseville, MN | $45,125,918 | $7,810,658 |
Affordable Housing Network Inc Cedar Rapids, IA | $25,730,785 | $5,702,234 |
Residential Support Services Billings, MT | $5,433,049 | $8,172,054 |
Anawim Housing Des Moines, IA | $12,399,814 | $6,675,013 |
Housing Alternatives Development Company Deephaven, MN | $21,981,547 | $6,818,305 |
Community Housing Initiatives Inc Spencer, IA | $50,484,883 | $5,152,673 |
Riverton Community Housing Minneapolis, MN | $52,152,152 | $6,167,785 |
Hadc Ridgeway Deephaven, MN | $7,093,558 | $4,188,248 |