Nonprofit · EIN 84-0519698
INDUSTRIAL DEVELOPMENTS INCORPORATED
Tax-exempt · GRAND JCT, CO 81501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $87,462 | $67,753 | $19,709 | $1,724,667 | $0 | $1,724,667 |
| May 31, 2024 | 990 | $8,042 | $30,527 | -$22,485 | $1,704,958 | $0 | $1,704,958 |
| May 31, 2023 | 990 | $156,249 | $49,993 | $106,256 | $1,727,443 | $0 | $1,727,443 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $79,000
- Program service revenue
- $0
- Investment income
- $8,462
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,690
- Accounting fees
- $6,361
- Program services (functional)
- $48,902
- Management and general (functional)
- $18,851
Balance sheet and other
- Total assets, start of year
- $1,704,958
- Total assets, end of year
- $1,724,667
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,724,667
- Land, buildings and equipment
- $618,441
- Gross receipts
- $87,462
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1959
- State of legal domicile
- CO
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK AUSTIN | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER DAHL | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM BENTON | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANE HAAS | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE FOSTER | BOARD MEMBER Trustee or director | 1 | $0 |
| NICHOLAS H GOWER | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| SANDRA WECKERLY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK AUSTIN | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER DAHL | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM BENTON | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANE HAAS | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE FOSTER | BOARD MEMBER Trustee or director | 1 | $0 |
| NICHOLAS H GOWER | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| SANDRA WECKERLY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK AUSTIN | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS ALLEN | SECRETARY TREASURER Trustee or director, Officer | 2 | $0 |
| TYLER DAHL | BOARD MEMBER Trustee or director | 2 | $0 |
| TOM BENTON | BOARD MEMBER Trustee or director | 2 | $0 |
| SHANE HAAS | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE FOSTER | BOARD MEMBER Trustee or director | 2 | $0 |
| NICHOLAS H GOWER | BOARD MEMBER Trustee or director | 2 | $0 |
| KATIE POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| SANDRA WECKERLY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MATT L WARD | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 360 GRAND AVE, GRAND JCT, CO 81501-2448
- Principal officer (990 for 2024)
- KATIE POWELL, 360 GRAND AVENUE, GRAND JUNCTION, CO 81501
- Signed the 990
- KATIE POWELL, PRESIDENT
- Phone
- (970) 242-3214
- Return prepared by
- DALBY WENDLAND & CO PC
Mission
TO LESSEN THE BURDEN ON LOCAL GOVERNMENT IN PROMOTING ECONOMIC DEVELOPMENT, AND TO PROMOTE, FOSTER, DEVELOP, AND ENCOURAGE THE LOCATION OF INDUSTRIAL AND COMMERCIAL BUSINESS ENTERPRISES AND SMALL BUSINESS CONCERNS IN MESA COUNTY, COLORADO, AND TO ASSIST AND ATTRACT ANY SUCH BUSINESSES, ENTERPRISES AND SMALL BUSINESS CONCERNS IN ESTABLISHING OR LOCATING THEREIN BY SUCH INDUCEMENTS AND MEANS AS MAY BE NECESSARY, DESIRABLE OR EXPEDIENT.
Program accomplishments
- PROMOTION OF ECONOMIC DEVELOPMENT IN MESA COUNTY THROUGH PARTNERSHIPS WITH LOCAL GOVERNMENTAL UNITS AND OTHER ECONOMIC DEVELOPMENT ORGANIZATIONS.Expenses $48,902
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 84-0519698
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,724,667
- Income (IRS master file)
- $87,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $87,462 | $67,753 | $1,724,667 | XML |
| 990 | May 2024 | $8,042 | $30,527 | $1,704,958 | XML |
| 990 | May 2023 | $156,249 | $49,993 | $1,727,443 | XML |
| 990 | May 2022 | -$19,420 | $23,589 | $1,621,188 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 84-0519698).
Questions about INDUSTRIAL DEVELOPMENTS INCORPORATED
- What is the EIN of INDUSTRIAL DEVELOPMENTS INCORPORATED?
- The employer identification number (EIN) of INDUSTRIAL DEVELOPMENTS INCORPORATED is 84-0519698.
- Is INDUSTRIAL DEVELOPMENTS INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to INDUSTRIAL DEVELOPMENTS INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDUSTRIAL DEVELOPMENTS INCORPORATED 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 INDUSTRIAL DEVELOPMENTS INCORPORATED due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDUSTRIAL DEVELOPMENTS INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of INDUSTRIAL DEVELOPMENTS INCORPORATED?
- The 990 for the year ended May 31, 2025 names KATIE POWELL.
- Who are the officers and directors of INDUSTRIAL DEVELOPMENTS INCORPORATED?
- The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does INDUSTRIAL DEVELOPMENTS INCORPORATED have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $87,462, expenses of $67,753 and total assets of $1,724,667 at year end.
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