Colman Development Corporation
- Assets
- $99.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colman, SD
- Founding
- 07/1974
- Data as of
- 12/2015
- EIN
- 23-7252001
Organization Overview
Colman Development Corporation is located in Colman, SD. The organization was established in 1974. 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. Colman 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2015
Describe the Organization's Program Activity:
Part 3
WE PROVIDED LOW INCOME RENTAL HOUSING FOR 8 LOW INCOME FAMILY UNITS IN OUR 8 APARTMENT UNITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Lee Manager | 6 | $3,450 | |
Brent Nelson Preident | 0 | $0 | |
Bruce Cramer V. President | 0 | $0 | |
Gloria Vanduyn Sec. Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31,225 |
| Gain or Loss | $72,833 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,058 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,540 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,199 |
| Printing, publications, postage, and shipping | $68 |
| Other expenses | $8,697 |
| Total expenses | $39,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,545 |
| Other assets | $0 |
| Total assets | $99,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,545 |
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