Nonprofit · EIN 45-0418406
FINLEY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · FINLEY, ND 58230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,723 | $8,752 | -$2,029 | $448,498 | $84,397 | $364,101 |
| December 31, 2024 | 990 | $4,791 | $9,199 | -$4,408 | $485,546 | $99,403 | $386,143 |
| December 31, 2023 | 990 | $4,046 | $8,804 | -$4,758 | $504,178 | $113,627 | $390,551 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $42,037
- Investment income
- $0
- Net rental income
- -$35,458
- Other revenue
- -$35,314
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $900
- Management and general (functional)
- $8,752
Balance sheet and other
- Total assets, start of year
- $485,546
- Total assets, end of year
- $448,498
- Total liabilities, end of year
- $84,397
- Net assets, end of year
- $364,101
- Land, buildings and equipment
- $345,293
- Gross receipts
- $50,381
- Employees
- 0
- Year formed
- 1983
- 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 |
|---|---|---|---|
| CHAD ABERLE | TREASURER Trustee or director, Officer | 5 | $0 |
| KURT LEROL | DIRECTOR Trustee or director | 5 | $0 |
| KARL CHRISTIAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| LORI TWETTE | SECRETARY Trustee or director, Officer | 5 | $0 |
| TYLER FLATEN | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHAD ABERLE | TREASURER Trustee or director, Officer | 5 | $0 |
| KURT LEROL | DIRECTOR Trustee or director | 5 | $0 |
| KARL CHRISTIAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| LORI TWETTE | SECRETARY Trustee or director, Officer | 5 | $0 |
| TYLER FLATEN | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHAD ABERLE | TREASURER Trustee or director, Officer | 5 | $0 |
| KURT LEROL | DIRECTOR Trustee or director | 5 | $0 |
| KARL CHRISTIAN | PRESIDENT Trustee or director, Officer | – | $0 |
| LORI TWETTE | SECRETARY Trustee or director, Officer | 5 | $0 |
| TYLER FLATEN | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 107 TYLER CT, FINLEY, ND 58230-3002
- In care of
- % CHAD ABERLE
- Principal officer (990 for 2025)
- CHAD ABERLE, 107 TYLER COURT, FINLEY, ND 58230
- Signed the 990
- CHAD ABERLE, TREASURER
- Phone
- (701) 524-1921
- Return prepared by
- OLSON TAX SERVICE LLC
Mission
PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT THROUGHOUT THE CITY OF FINLEY, ND.
Program accomplishments
- PROVIDE PROPERTY TO BUSINESSES TO OPERATE IN THE CITY OF FINLEY, ND.Expenses $43,658 · revenue $8,200
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
- 45-0418406
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $448,498
- Income (IRS master file)
- $50,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,723 | $8,752 | $448,498 | XML |
| 990 | December 2024 | $4,791 | $9,199 | $485,546 | XML |
| 990 | December 2023 | $4,046 | $8,804 | $504,178 | XML |
| 990 | December 2022 | $40,545 | $16,096 | $522,392 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 45-0418406).
Questions about FINLEY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of FINLEY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FINLEY ECONOMIC DEVELOPMENT CORPORATION is 45-0418406.
- Is FINLEY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1993.
- Are donations to FINLEY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FINLEY ECONOMIC 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 FINLEY ECONOMIC DEVELOPMENT CORPORATION 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 FINLEY ECONOMIC DEVELOPMENT CORPORATION 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 FINLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names CHAD ABERLE.
- Who are the officers and directors of FINLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FINLEY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,723, expenses of $8,752 and total assets of $448,498 at year end.
Other nonprofits in FINLEY
- GRIGGS-STEELE EMPOWERMENT ZONE INC EIN 45-0453134 · last filed 990 for 2024
- FINLEY HOUSING CORPORATION EIN 45-6017038 · last filed 990-EZ for 2024
- NORTH DAKOTA RETAIL LUMBERMANS ASSOCIATION EIN 45-0387680 · last filed 990-EZ for 2025
- STEELE COUNTY 4-H COUNCIL EIN 33-5061555 · last filed 990-N for 2024
- STEELE COUNTY FARM BUREAU EIN 45-0355402 · last filed 990-N for 2024
- FUTURE FARMERS OF AMERICA EIN 45-0429144 · last filed 990-N for 2023
- STEELE COUNTY COUNCIL ON AGING THE FINLEY LIVE WIRES EIN 51-0175061 · last filed 990-N for 2025
- STEELE-TRAILL 4-H ARCHERS CLUB EIN 41-2781086 · last filed 990-N for 2024