N W Development Corporation
- Assets
- $336.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cameron, MO
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 43-1743337
Organization Overview
N W Development Corporation is located in Cameron, MO. The organization was established in 2001. 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. N W Development Corporation 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 12/2021, N W Development Corporation generated $611.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $442.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
N.W. DEVELOPMENT CORPORATION PROVIDES INTERMEDIARY RELENDING PROGRAM LOANS FOR CAPITAL TO EXPANDING BUSINESSES THROUGH BORROWINGS FROM THE USDA RURAL ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Moore President | 1 | $0 | |
John Kilgore Vice-President | 1 | $0 | |
Duane Klute Treasurer | 1 | $0 | |
Leroy Kern Secretary | 1 | $0 | |
Melvin Scott Director | 1 | $0 | |
Larry Leachman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $611 |
| Total Revenue | $611 |
| 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 | $442 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $336,637 |
| Other assets | $0 |
| Total assets | $336,637 |
| Total liabilities | $250,000 |
| Net assets or fund balances | $86,637 |
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|---|---|---|
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Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Kentucky Highlands Investment Corporation London, KY | $130,461,604 | $9,285,837 |
Chicago Neighborhood Initiatives Inc Chicago, IL | $28,044,875 | $6,086,031 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Knoxville Convention & Visitors Bureau Inc Knoxville, TN | $5,768,468 | $5,619,069 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |