New Leipzig Development Association
- Assets
- $147.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mott, ND
- Founding
- 09/1967
- Data as of
- 12/2023
- EIN
- 45-0308233
Organization Overview
New Leipzig Development Association is located in Mott, ND. The organization was established in 1967. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. New Leipzig Development Association 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 12/2023, New Leipzig Development Association generated $65.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $79.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
LOW RENTAL APARTMENTS- 18 APARTMENTS RENTED TO THE ELDERLY AND LOW INCOME PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Mueller Director | 1 | $0 | |
Martin Schock President | 1 | $0 | |
Marcy Hertz Director | 1 | $0 | |
Bill Wruck Director | 1 | $0 | |
Alroy Hochhalter Vice Preside | 10 | $6,600 | |
Robin Ulrich Manager | 10 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,605 |
| Total Program Service Revenue | $36,862 |
| Membership dues | $0 |
| Investment income | $272 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,739 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,612 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $37,804 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,490 |
| Total expenses | $79,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,504 |
| Other assets | $0 |
| Total assets | $147,027 |
| Total liabilities | $27,413 |
| Net assets or fund balances | $119,614 |