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Nonprofit · EIN 41-6027208

BEMIDJI DEVELOPMENT CORPORATION

Tax-exempt · BEMIDJI, MN 56619

Financials

$60K$31K2025
Revenue Expenses · by fiscal year end
Financials of BEMIDJI DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2026990$60,096$31,428$28,668$2,065,623$0$2,065,623
Financial details: 990 for the year ended July 31, 2026

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$60,096
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$925

Balance sheet and other

Total assets, start of year
$2,036,955
Total assets, end of year
$2,065,623
Total liabilities, end of year
$0
Net assets, end of year
$2,065,623
Gross receipts
$60,096
Employees
0
Volunteers
0
Year formed
1962
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
DAVE LANDGREBEBOARD MEMBER
Trustee or director
1$0
JIM NAYLORVICE PRES/SEC
Trustee or director, Officer
1$0
MARK DICKINSONBOARD MEMBER
Trustee or director
1$0
MIKE KARVAKKOBOARD MEMBER
Trustee or director
1$0
BILL BATCHELDERBOARD MEMBER
Trustee or director
1$0
RYAN WELLEPRESIDENT
Trustee or director, Officer
1$0
KEITH JOHANNESONBOARD MEMBER
Trustee or director
1$0
RYAN BAERBOARD MEMBER
Trustee or director
1$0
TOM SCHWARTZTREASURER
Trustee or director, Officer
1$0
JOE DUNNBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1276, BEMIDJI, MN 56619-1276
Principal officer (990 for 2025)
JIM NAYLOR, PO BOX 1276, BEMIDJI, MN 56619
Signed the 990
JIM NAYLOR, VP
Phone
(218) 333-8665
Return prepared by
MILLER MCDONALD INC

Mission

MISSION IS TO PROVIDE SUPPORT FOR INDUSTRIAL DEVELOPMENT IN BEMIDJI, MN, THROUGH THE MANAGEMENT OF THE CITY'S INDUSTRIAL PARK, INCLUDING HOLDING LOTS FOR SALE TO THE LOCAL BUSINESS COMMUNITY.

990 for the year ended July 31, 2026

Program accomplishments

  • INDUSTRIAL DEVELOPMENT IN THE CITY OF BEMIDJI, MN.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026990 on file
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
41-6027208
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1964
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,065,623
Income (IRS master file)
$60,096

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2026–––IRS
990July 2025–––IRS
990July 2024$68,006$9,642$1,981,541IRS
990July 2023$16,539$8,216$1,923,177IRS
990July 2022$10,370$8,085$1,914,854IRS
990July 2021–––IRS
990July 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BEMIDJI DEVELOPMENT CORPORATION

What is the EIN of BEMIDJI DEVELOPMENT CORPORATION?
The employer identification number (EIN) of BEMIDJI DEVELOPMENT CORPORATION is 41-6027208.
Is BEMIDJI DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1964.
Are donations to BEMIDJI DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BEMIDJI DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BEMIDJI DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending July 31, 2027) is due December 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BEMIDJI DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2026.
Who is the principal officer of BEMIDJI DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2026 names JIM NAYLOR.
Who are the officers and directors of BEMIDJI DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2026 lists 10 people; 0 received compensation from the organization.
How much revenue does BEMIDJI DEVELOPMENT CORPORATION have?
On its 990 for the year ended July 31, 2026 it reported revenue of $60,096, expenses of $31,428 and total assets of $2,065,623 at year end.

Other nonprofits in BEMIDJI

All nonprofits in BEMIDJI · Minnesota