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Nonprofit · EIN 45-0424540

JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION

Tax-exempt · JAMESTOWN, ND 58401

Financials

$2.2M$2.5M2023$1.6M$1.9M2024$1.7M$906K2025
Revenue Expenses · by fiscal year end
Financials of JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,666,216$906,206$760,010$18,191,581$9,022,533$9,169,048
December 31, 2024990$1,626,939$1,891,466-$264,527$16,969,826$8,560,789$8,409,037
December 31, 2023990$2,172,301$2,515,274-$342,973$16,366,314$7,692,751$8,673,563
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,375,081
of which government grants
$1,375,081
Program service revenue
$22,277
Investment income
-$81,155
Net rental income
$75,247
Net gain from sales of assets
-$127,546
Other revenue
$350,013

Expenses

Grants and similar amounts paid
$246,870
Compensation of officers, directors and key employees
$130,296
Other salaries and wages
$129,585
Salaries, compensation and benefits (total)
$347,063
Professional fundraising fees
$0
Legal fees
$6,024
Accounting fees
$21,000
Occupancy
$44,672
Travel
$2,150
Depreciation
$90,718
Program services (functional)
$681,123
Management and general (functional)
$225,083

Balance sheet and other

Total assets, start of year
$16,969,826
Total assets, end of year
$18,191,581
Total liabilities, end of year
$9,022,533
Net assets, end of year
$9,169,048
Land, buildings and equipment
$2,944,032
Net assets without donor restrictions
$7,331,910
Net assets with donor restrictions
$1,837,138
Gross unrelated business income
$274,440
Gross receipts
$1,793,762
Employees
3
Volunteers
0
Year formed
1991
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.

NameTitleHours / weekCompensation
DAVID STEELEDIRECTOR
Trustee or director
1$0
LEVI TAYLORDIRECTOR
Trustee or director
1$0
DWAINE HEINRICHDIRECTOR
Trustee or director
1$0
JEN DOCKTERDIRECTOR
Trustee or director
1$0
AMANDA HASTINGSDIRECTOR
Trustee or director
1$0
DUSTIN JENSENDIRECTOR
Trustee or director
1$0
MIKE DELFSDIRECTOR
Trustee or director
1$0
BEN STEINOLFSONDIRECTOR
Trustee or director
1$0
TORY HARTPAST PRESIDENT
Officer
1$0
JEREMY RHAMPRESIDENT
Officer
1$0
CASEY HENDERSONVICE PRESIDENT
Officer
1$0
TONYA PERKINSSECRETARY - TREASURER
Officer
1$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
DAVID STEELEDIRECTOR
Trustee or director
1$0
LEVI TAYLORDIRECTOR
Trustee or director
1$0
DWAINE HEINRICHDIRECTOR
Trustee or director
1$0
JEN DOCKTERDIRECTOR
Trustee or director
1$0
AMANDA HASTINGSDIRECTOR
Trustee or director
1$0
DUSTIN JENSENDIRECTOR
Trustee or director
1$0
MIKE DELFSDIRECTOR
Trustee or director
1$0
BEN STEINOLFSONDIRECTOR
Trustee or director
1$0
TORY HARTPAST PRESIDENT
Officer
1$0
JEREMY RHAMPRESIDENT
Officer
1$0
CASEY HENDERSONVICE PRESIDENT
Officer
1$0
TONYA PERKINSSECRETARY - TREASURER
Officer
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
DAVID STEELEDIRECTOR
Trustee or director
1$0
LEVI TAYLORDIRECTOR
Trustee or director
1$0
ROD JOHNSONDIRECTOR
Trustee or director
1$0
DWAINE HEINRICHDIRECTOR
Trustee or director
1$0
JEN DOCKTERDIRECTOR
Trustee or director
1$0
MARK KLOSEDIRECTOR
Trustee or director
1$0
JEREMY RHAMSECRETARY - TREASURER
Trustee or director
1$0
TONYA PERKINSDIRECTOR
Trustee or director
1$0
CASEY HENDERSONDIRECTOR
Trustee or director
1$0
MIKE DELFSDIRECTOR
Trustee or director
1$0
MARLEE SIEWERTPAST PRESIDENT
Officer
1$0
TORY HARTPRESIDENT
Officer
1$0
NICK SCHAUERVICE PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
120 2ND ST SE, JAMESTOWN, ND 58401-4260
Principal officer (990 for 2025)
JEREMY RHAM, P O BOX 293, JAMESTOWN, ND 584020293
Signed the 990
JEREMY RHAM, PRESIDENT
Phone
(701) 252-6861
Return prepared by
SCHAUER & ASSOCIATES PC

Mission

IN CONCERT WITH THE CITY OF JAMESTOWN AND STUTSMAN COUNTY AND UTILIZING THEIR SUPPLIED FUNDNG, JSDC IS DEDICATED TO AREA ECONOMIC DEVELOPMENT GROWTH AND DIVERSIFICATION WITH SPECIFIC FOCUS ON INCREASING AND/OR PRESERVING PRIMARY SECTOR JOBS, BUSINESS AND INDUSTRIAL DEVELOPMENT, CREATING, FOSTERING, AND MAINTAINING BUSINESS AND TRADE ACTIVITIES, ENCOURAGING AND PROVIDING INCENTIVES FOR BUSINESS ENTREPRENEURS TO LOCATE/RELOCATE TO OUR COMMUNITY

990 for the year ended December 31, 2025

Program accomplishments

  • ATTRACT NEW BUSINESS AND INDUSTRY AND SUPPORT EXISTING BUSINESS AND INDUSTRY
    Expenses $681,123 · grants $246,870 · revenue $16,695

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0424540
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,191,581
Income (IRS master file)
$1,793,762

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,666,216$906,206$18,191,581XML
990December 2024$1,626,939$1,891,466$16,969,826XML
990December 2023$2,172,301$2,515,274$16,366,314XML
990December 2022$1,962,069$1,005,171$16,492,618IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 45-0424540).

Questions about JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION

What is the EIN of JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION?
The employer identification number (EIN) of JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION is 45-0424540.
Is JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1992.
Are donations to JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does JAMESTOWN STUTSMAN 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 JAMESTOWN STUTSMAN 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 JAMESTOWN STUTSMAN 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 JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names JEREMY RHAM.
Who are the officers and directors of JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does JAMESTOWN STUTSMAN DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,666,216, expenses of $906,206 and total assets of $18,191,581 at year end.

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