Nonprofit · EIN 45-0446393
DEVELOPMENT INC
Tax-exempt (reinstated) · MILNOR, ND 58060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2022 | 990-EZ | $0 | $5,352 | -$5,352 | $14,961 | – | $14,961 |
| December 31, 2021 | 990-EZ | $5,337 | $10 | $5,327 | $20,313 | – | $20,313 |
Financial details: 990-EZ for the year ended December 31, 2022
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $5,352
- Program services (functional)
- $5,351
Balance sheet and other
- Total assets, start of year
- $20,313
- Total assets, end of year
- $14,961
- Total liabilities, end of year
- –
- Net assets, end of year
- $14,961
- Cash, savings and investments
- $6,984
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-EZ for the year ended December 31, 2022, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWN MUND | Treasurer | 0.5 | $0 |
| MARK GAINOR | President | 0 | $0 |
| ALEC BUSSMAN | Vice President | 0 | $0 |
| JOLENE SCHWALK | Secretary | 0 | $0 |
| JOHN BUSKOHL | Director | 0 | $0 |
990-EZ for the year ended December 31, 2021: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWN MUND | Treasurer | 0 | $0 |
| MARK GAINOR | President | 0 | $0 |
| ALEC BUSSMAN | Vice President | 0 | $0 |
| JOLENE SCHWALK | Secretary | 0 | $0 |
| JOHN BUSKOHL | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 315 9TH AVE, MILNOR, ND 58060-4318
- In care of
- % DAWN MUND
- Mailing address (990-N for 2025)
- 315 9th Avenue, Milnor ND 58060
- Principal officer (990-N for 2025)
- Dawn Mund, 315 9th Avenue, Milnor ND 58060
- Signed the 990-EZ
- DAWN MUND, Treasurer
- Phone
- (701) 680-0378
- Return prepared by
- OLSON ACCOUNTING
Mission
THE ORGANIZATIONS MISSION IS TO ENCOURAGE INDUSTRIAL AND COMMERCIAL GROWTH AND DEVELOPMENT WITHIN THE CITY OF MILNOR, ND AND SURROUNDING AREAS OF SARGENT COUNTY.
Program accomplishments
- THE ORGANIZATIONS CONTINUES TO ENCOURAGE INDUSTRIAL AND COMMERCIAL GROWTH AND DEVELOPMENT WITHIN THE CITY OF MILNOR, ND AND SURROUNDING AREAS OF SARGENT COUNTY BY GAINING RESOURCES TO AIDE SMALL BUSINESSES IN THEIR DEVELOPMENT.Expenses $5,351
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 45-0446393
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- October 31, 2023
- Reinstated
- Effective January 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Dawn Mund | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: Mark Gainor | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: DAWN MUND | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | $0 | $5,352 | $14,961 | XML |
| 990-EZ | December 2021 | $5,337 | $10 | $20,313 | XML |
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 45-0446393).
Questions about DEVELOPMENT INC
- What is the EIN of DEVELOPMENT INC?
- The employer identification number (EIN) of DEVELOPMENT INC is 45-0446393.
- Is DEVELOPMENT INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective January 15, 2024.
- Are donations to DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DEVELOPMENT INC 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 DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of DEVELOPMENT INC?
- The 990-N for 2025 names Dawn Mund.
- Who are the officers and directors of DEVELOPMENT INC?
- The 990-EZ for the year ended December 31, 2022 lists 5 people; 0 received compensation from the organization.
- How much revenue does DEVELOPMENT INC have?
- On its 990-EZ for the year ended December 31, 2022 it reported revenue of $0, expenses of $5,352 and total assets of $14,961 at year end.
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- NORTH DAKOTA COWBELLES EIN 45-0380589 · last filed 990-EZ for 2025
- MILNOR MEDICAL ASSOCIATION INC EIN 45-0385061 · last filed 990-N for 2025
- COWBOYS FOR A CURE EIN 26-3782411 · last filed 990-N for 2024
- NATIONAL RURAL LETTER CARRIERS ASSOCIATION EIN 23-7235578 · last filed 990-N for 2025
- MILNOR SCHOLARSHIP ASSOCIATION EIN 46-4148631 · last filed 990-N for 2025
All nonprofits in MILNOR · North Dakota · Community improvement and capacity building