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Nonprofit · EIN 45-0437973

RURAL DEVELOPMENT FINANCE CORPORATION

Tax-exempt · MANDAN, ND 58554

Financials

$1.1M$221K2023$2.6M$373K2024
Revenue Expenses · by fiscal year end
Financials of RURAL DEVELOPMENT FINANCE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,649,061$373,242$2,275,819$11,378,141$165,649$11,212,492
December 31, 2023990$1,061,467$221,090$840,377$8,939,906$3,233$8,936,673
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,974,816
of which government grants
$1,974,816
Program service revenue
$572,067
Investment income
$102,178
Other revenue
$0

Expenses

Grants and similar amounts paid
$96,250
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,080
Accounting fees
$24,380
Depreciation
$116
Program services (functional)
$317,572
Management and general (functional)
$55,670

Balance sheet and other

Total assets, start of year
$8,939,906
Total assets, end of year
$11,378,141
Total liabilities, end of year
$165,649
Net assets, end of year
$11,212,492
Gross receipts
$2,649,061
Employees
0
Volunteers
8
Year formed
1994
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID SIGLOHPRESIDENT
Trustee or director, Officer
4$0
PAULA ANDERSONVICE PRESIDENT
Trustee or director, Officer
1$0
DEON VILHAUERSECRETARY/TREASURER
Trustee or director, Officer
2$0
MICHELLE BERRYDIRECTOR
Trustee or director
1$0
GREG RAUSCHENDORFERDIRECTOR
Trustee or director
3.5$0
CHERYL OSOWSKIDIRECTOR
Trustee or director
4$0
ANDY WEISSDIRECTOR
Trustee or director
1$0
ALLAN ENGHDIRECTOR
Trustee or director
4$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
DAVID SIGLOHPRESIDENT
Trustee or director, Officer
4$0
PAULA ANDERSONVICE PRESIDENT
Trustee or director, Officer
1$0
DEON VILHAUERSECRETARY/TREASURER
Trustee or director, Officer
2$0
MICHELLE BERRYDIRECTOR
Trustee or director
1$0
JENNIFER WADEDIRECTOR
Trustee or director
0.5$0
CHERYL OSOWSKIDIRECTOR
Trustee or director
2$0
ANDY WEISSDIRECTOR
Trustee or director
1$0
ALLAN ENGHDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
PO BOX 727, MANDAN, ND 58554-0727
Principal officer (990 for 2024)
DAVID SIGLOH, 3201 NYGREN DRIVE NW PO BOX 727, MANDAN, ND 585540727
Signed the 990
DAVID SIGLOH, PRESIDENT
Phone
(701) 663-6501
Return prepared by
BRADY MARTZ & ASSOCIATES PC

Mission

RDFC ENCOURAGES ECONOMIC DIVERSIFICATION AND COMMUNITY VITALITY THROUGH THE GENERATION OF FUNDING THAT SUPPORTS SUSTAINABLE ASSET BUILDING.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ENCOURAGE ECONOMIC DIVERSIFICATION AND REVITALIZATION OF RURAL COMMUNITIES IN NORTH DAKOTA AND ADJACENT STATES, CREATE EMPLOYMENT AND INCREASE INCOME FOR DISPLACED FARMERS AND LOW-INCOME PERSONS, AND TO ENHANCE ESSENTIAL COMMUNITY SERVICES AND FACILITIES.TO ACT AS AN INTERMEDIARY LENDER AND TO DEVELOP A SUSTAINABLE REVOLVING LOAN POOL FOR RURAL DEVELOPMENT LENDING PURSUANT TO FEDERAL REGULATIONS AND STATUTES AND TO PROVIDE TECHNICAL ASSISTANCE FOR RURAL ECONOMIC DEVELOPMENT PROJECTS.TO DO ALL THINGS NECESSARY, SUITABLE, AND PROPER FOR THE ACCOMPLISHMENT OF ANY OF THE PURPOSES OR THE ATTAINMENT OF THE OBJECTIVES HEREINABOVE STATED, EITHER ALONE OR WITH OTHER CORPORATIONS, COOPERATIVES, ASSOCIATIONS, FIRMS OR INDIVIDUALS, AND TO EVERY OTHER ACT OR THING INCIDENTAL TO OR GROWING OUT OF SUCH PURPOSE.
    Expenses $221,322 · revenue $572,067
  • THE RDFC GRANT PROGRAM HELPED RURAL COMMUNITIES IN NORTH DAKOTA ACHIEVE ECONOMIC DIVERSIFICATION AND REVITALIZATION.
    Expenses $96,250 · grants $96,250

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0437973
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,378,141
Income (IRS master file)
$2,649,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,649,061$373,242$11,378,141IRS
990December 2023$1,061,467$221,090$8,939,906XML
990December 2022$526,227$156,701$8,375,287IRS
990December 2021–––IRS
990December 2020–––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 45-0437973).

Questions about RURAL DEVELOPMENT FINANCE CORPORATION

What is the EIN of RURAL DEVELOPMENT FINANCE CORPORATION?
The employer identification number (EIN) of RURAL DEVELOPMENT FINANCE CORPORATION is 45-0437973.
Is RURAL DEVELOPMENT FINANCE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1997.
Are donations to RURAL DEVELOPMENT FINANCE CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RURAL DEVELOPMENT FINANCE 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 RURAL DEVELOPMENT FINANCE CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RURAL DEVELOPMENT FINANCE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RURAL DEVELOPMENT FINANCE CORPORATION?
The 990 for the year ended December 31, 2024 names DAVID SIGLOH.
Who are the officers and directors of RURAL DEVELOPMENT FINANCE CORPORATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does RURAL DEVELOPMENT FINANCE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,649,061, expenses of $373,242 and total assets of $11,378,141 at year end.

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