Nonprofit · EIN 45-0405754
MAY-PORT ECONOMIC DEVELOPMENT CORP
Tax-exempt · PORTLAND, ND 58274
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $109,968 | $24,077 | $85,891 | $394,321 | $0 | $394,321 |
| December 31, 2024 | 990 | $91,866 | $30,380 | $61,486 | $308,430 | $0 | $308,430 |
| December 31, 2023 | 990 | $91,008 | $77,012 | $13,996 | $246,944 | $0 | $246,944 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $105,113
- of which government grants
- $105,113
- Program service revenue
- $0
- Investment income
- $2,019
- Net rental income
- $2,836
- Other revenue
- $2,836
Expenses
- Grants and similar amounts paid
- $13,457
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,700
- Accounting fees
- $900
- Program services (functional)
- $13,457
- Management and general (functional)
- $10,620
Balance sheet and other
- Total assets, start of year
- $308,430
- Total assets, end of year
- $394,321
- Total liabilities, end of year
- $0
- Net assets, end of year
- $394,321
- Land, buildings and equipment
- $145,260
- Net assets without donor restrictions
- $394,321
- Gross receipts
- $111,452
- Employees
- 0
- State of legal domicile
- ND
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BRADNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JON EWEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MINDY O'CONNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | 1 | $0 |
| ERNIE STRUBE | PRESIDENT Officer | 1 | $0 |
| JEREMY STRAND | VICE PRESIDENT Officer | 1 | $0 |
| NATASHA BASOL | SECRETARYTREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BRADNER | BOARD MEMBER Trustee or director | 0 | $0 |
| JON EWEN | BOARD MEMBER Trustee or director | 0 | $0 |
| BILL BOHNSACK | BOARD MEMBER Trustee or director | 0 | $0 |
| MINDY O'CONNER | BOARD MEMBER Trustee or director | 0 | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | 0 | $0 |
| ERNIE STRUBE | PRESIDENT Officer | 0 | $0 |
| JEREMY STRAND | VICE PRESIDENT Officer | 0 | $0 |
| TOM CAPOUCH | SECRETARYTREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNIE STRUBE | PRESIDENT Officer | – | $0 |
| JEREMY STRAND | VICE PRESIDENT Officer | – | $0 |
| TOM CAPOUCH | SECRETARYTREASURER Officer | – | $0 |
| MIKE BRADNER | BOARD MEMBER Trustee or director | – | $0 |
| JON EWEN | BOARD MEMBER Trustee or director | – | $0 |
| BILL BOHNSACK | BOARD MEMBER Trustee or director | – | $0 |
| MINDY O'CONNER | BOARD MEMBER Trustee or director | – | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 171, PORTLAND, ND 58274-0171
- In care of
- % NATASHA BASOL
- Principal officer (990 for 2025)
- ERNIE STRUBE, PO BOX 171, PORTLAND, ND 58274
- Signed the 990
- NATASHA BASOL, SECRECTARYTREASURER
- Phone
- (701) 788-6104
- Return prepared by
- OLSON TAX SERVICE LLC
Mission
PROVIDE INTEREST FREE LOANS TO RETAIN AND ATTRACT BUSINESSES TO MAYVILLE AND PORTLAND NORTH DAKOTA.
Program accomplishments
- GRANTS ISSUED TO LOCAL BUSINESSES AND ORGANIZATIONS.Expenses $13,457 · grants $13,457
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0405754
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $394,321
- Income (IRS master file)
- $111,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $109,968 | $24,077 | $394,321 | XML |
| 990 | December 2024 | $91,866 | $30,380 | $308,430 | XML |
| 990 | December 2023 | $91,008 | $77,012 | $246,944 | XML |
| 990 | December 2022 | $100,995 | $54,957 | $223,032 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 45-0405754).
Questions about MAY-PORT ECONOMIC DEVELOPMENT CORP
- What is the EIN of MAY-PORT ECONOMIC DEVELOPMENT CORP?
- The employer identification number (EIN) of MAY-PORT ECONOMIC DEVELOPMENT CORP is 45-0405754.
- Is MAY-PORT ECONOMIC DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to MAY-PORT ECONOMIC DEVELOPMENT CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAY-PORT ECONOMIC DEVELOPMENT CORP 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 MAY-PORT ECONOMIC DEVELOPMENT CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAY-PORT ECONOMIC DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAY-PORT ECONOMIC DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 names ERNIE STRUBE.
- Who are the officers and directors of MAY-PORT ECONOMIC DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MAY-PORT ECONOMIC DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $109,968, expenses of $24,077 and total assets of $394,321 at year end.
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