Langford Development Corp
- Assets
- $104.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Langford, SD
- Founding
- 09/1999
- Data as of
- 12/2022
- 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 12/2022, Langford Development Corp generated $20.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $62.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Gene Larson Director | 0 | $0 | |
Matt Nelson Director | 0 | $0 | |
Steve Swanson Director | 0 | $0 | |
Mark Nelson Director | 0 | $0 | |
Ryan Likness Secretary-Tr | 5 | $4,200 | |
Chad Hardy Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $625 |
| Total Program Service Revenue | $27,327 |
| Membership dues | $0 |
| Investment income | $65 |
| Gain or Loss | -$7,271 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,746 |
| 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 | $595 |
| Occupancy, rent, utilities, and maintenance | $5,192 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,541 |
| Total expenses | $62,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,433 |
| Other assets | $0 |
| Total assets | $104,727 |
| Total liabilities | $2,962 |
| Net assets or fund balances | $101,765 |