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Nonprofit · EIN 48-0811261

CLYDE DEVELOPMENT INC

Also known as PARK VILLA NURSING HOME

Tax-exempt · CLYDE, KS 66938

Financials

$3.3M$2.8M2023$3.4M$3.1M2024$3.4M$3.4M2025
Revenue Expenses · by fiscal year end
Financials of CLYDE DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,403,367$3,351,061$52,306$1,670,209$265,620$1,404,589
December 31, 2024990$3,398,200$3,129,527$268,673$1,630,007$250,427$1,379,580
December 31, 2023990$3,268,226$2,804,658$463,568$1,445,141$305,561$1,139,580
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$98,473
Program service revenue
$3,290,865
Investment income
$14,029
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$293,920
Other salaries and wages
$1,857,939
Salaries, compensation and benefits (total)
$2,374,836
Professional fundraising fees
$0
Travel
$199
Depreciation
$64,984
Program services (functional)
$2,703,404
Management and general (functional)
$647,657

Balance sheet and other

Total assets, start of year
$1,630,007
Total assets, end of year
$1,670,209
Total liabilities, end of year
$265,620
Net assets, end of year
$1,404,589
Land, buildings and equipment
$557,170
Net assets without donor restrictions
$1,404,589
Gross receipts
$3,403,367
Employees
89
Volunteers
0
Year formed
1973
State of legal domicile
KS

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
Abigail SchmidtAdministrator
Officer, Key employee, Highest-paid employee
40$180,898
Kristina EakinsRegistered nurse
Key employee
40$113,022
Sherri BieryDirector
Trustee or director
1$0
Bill GenereuxDirector
Trustee or director
1$0
Terry KochPresident
Trustee or director, Officer
1$0
Reed WilsonTreasurer/secretary
Trustee or director, Officer
1$0
Mike GeorgeVice President
Trustee or director, Officer
1$0
Leah CookDirector
Trustee or director
1$0
Denise BeesonDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Abigail SchmidtDirector of nursing
Officer, Key employee, Highest-paid employee
40$133,497
Sherri BieryDirector
Trustee or director
1$0
Bill GenereuxDirector
Trustee or director
1$0
Terry KochPresident
Trustee or director, Officer
1$0
Reed WilsonTreasurer/secretary
Trustee or director, Officer
1$0
Mike GeorgeVice President
Trustee or director, Officer
1$0
Leah CookDirector
Trustee or director
1$0
Denise BeesonDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Abigail SchmidtDirector of nursing
Key employee, Highest-paid employee
40$108,906
Larry BlochlingerAdministrator
Officer, Key employee
40$32,930
Heather GermannAdministrator
Officer, Key employee
40$17,702
Sherri BieryDirector
Trustee or director
3$0
Bill GenereuxDirector
Trustee or director
1$0
Terry KochPresident
Trustee or director, Officer
1$0
Reed WilsonTreasurer/secretary
Trustee or director, Officer
1$0
Mike GeorgeVice President
Trustee or director, Officer
1$0
Leah CookDirector
Trustee or director
1$0
Denise BeesonDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
114 S HIGH ST, CLYDE, KS 66938-9472
Principal officer (990 for 2025)
Terry Koch, 958 Meridian, Clyde, KS 66938
Signed the 990
Abigail Schmidt, Administrator
Phone
(785) 446-2818
Return prepared by
James R Northcutt CPA

Mission

Nursing home for the elderly The organization owns and operates an intermediate care nursing facility for the elderly and disabled.

990 for the year ended December 31, 2025

Program accomplishments

  • Owns and operates a 36 bed intermediate care facility for the elderly.
    Expenses $2,703,404 · revenue $3,290,865

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
48-0811261
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
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E92Z)
Assets (IRS master file)
$1,670,209
Income (IRS master file)
$3,403,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,403,367$3,351,061$1,670,209XML
990December 2024$3,398,200$3,129,527$1,630,007XML
990December 2023$3,268,226$2,804,658$1,445,141XML
990December 2022$2,598,999$2,679,408$1,076,652IRS
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 48-0811261).

Questions about CLYDE DEVELOPMENT INC

What is the EIN of CLYDE DEVELOPMENT INC?
The employer identification number (EIN) of CLYDE DEVELOPMENT INC is 48-0811261.
Is CLYDE DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to CLYDE DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLYDE DEVELOPMENT INC 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 CLYDE 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 CLYDE DEVELOPMENT INC 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 CLYDE DEVELOPMENT INC?
The 990 for the year ended December 31, 2025 names Terry Koch.
Who are the officers and directors of CLYDE DEVELOPMENT INC?
The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $180,898 (Abigail Schmidt, Administrator).
How much revenue does CLYDE DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,403,367, expenses of $3,351,061 and total assets of $1,670,209 at year end.

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