Central Dakota Development Corp is located in Kennebec, SD. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Central Dakota Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Central Dakota Development Corp generated $5.0k in total revenue. All expenses for the organization totaled $53.6k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE ECONOMIC AND BUSINESS DEVELOPMENT IN THE RURAL COMMUNITY FOR WHICH IT SERVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Bowar President | 1 | $0 | |
Ryan Husman Vice Preside | 1 | $0 | |
Matt Collins Secretary/tr | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5,000 |
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 | $21,437 |
Occupancy, rent, utilities, and maintenance | $678 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,512 |
Total expenses | $53,627 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,034 |
Other assets | $0 |
Total assets | $444,249 |
Total liabilities | $393,374 |
Net assets or fund balances | $50,875 |