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Nonprofit · EIN 84-4161380

RURAL DEVELOPMENT FUND

Tax-exempt · CHEYENNE, WY 82007

Financials

$1.9M$219K2023$671K$189K2024
Revenue Expenses · by fiscal year end
Financials of RURAL DEVELOPMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$671,298$189,088$482,210$5,030,102$365,444$4,664,658
December 31, 2023990$1,880,246$218,622$1,661,624$4,533,902$350,519$4,183,383
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$375,908
of which government grants
$375,908
Program service revenue
$272,634
Investment income
$22,756
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,283
Accounting fees
$38,253
Travel
$3,689
Program services (functional)
$139,170
Management and general (functional)
$49,918

Balance sheet and other

Total assets, start of year
$4,533,902
Total assets, end of year
$5,030,102
Total liabilities, end of year
$365,444
Net assets, end of year
$4,664,658
Gross receipts
$671,298
Employees
0
Volunteers
3
Year formed
2020
State of legal domicile
WY

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
CHRISTI HASWELLDIRECTOR
Trustee or director
1$0
JILL KLINEDIRECTOR
Trustee or director
1$0
ROCKY S CASEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CHRISTI HASWELLDIRECTOR
Trustee or director
1$0
JILL KLINEDIRECTOR
Trustee or director
1$0
ROCKY S CASEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1400 E COLLEGE DRIVE 4TH FLOOR, CHEYENNE, WY 82007-3204
In care of
% KENDALL HUTCHINSON
Principal officer (990 for 2024)
JILL KLINE, 1400 E COLLEGE DRIVE 4TH FLOOR, CHEYENNE, WY 82007
Signed the 990
JILL KLINE, DIRECTOR
Phone
(405) 848-6059
Return prepared by
HOGANTAYLOR LLP

Mission

THE MISSION OF THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) IS TO LEAD THE FEDERAL ECONOMIC DEVELOPMENT AGENDA BY PROMOTING COMPETITIVENESS AND PREPARING THE NATION'S REGIONS FOR GROWTH AND SUCCESS IN THE WORLDWIDE ECONOMY. AN AGENCY WITHIN THE U.S. DEPARTMENT OF COMMERCE, EDA MAKES INVESTMENTS IN ECONOMICALLY DISTRESSED COMMUNITIES IN ORDER TO CREATE JOBS FOR U.S. WORKERS, PROMOTE AMERICAN INNOVATION, AND ACCELERATE LONG-TERM SUSTAINABLE ECONOMIC GROWTH.THIS PROGRAM IS FUNDED UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT (PUBLIC LAW 116-136), WHICH PROVIDED EDA WITH $1.5 BILLION FOR ECONOMIC ASSISTANCE PROGRAMS TO HELP COMMUNITIES PREVENT, PREPARE FOR, AND RESPOND TO CORONAVIRUS. EDA CARES ACT RECOVERY ASSISTANCE, WHICH IS BEING ADMINISTERED UNDER THE AUTHORITY OF THE BUREAU'S FLEXIBLE ECONOMIC ADJUSTMENT ASSISTANCE (EAA) (PDF) PROGRAM, PROVIDES A WIDE-RANGE OF FINANCIAL ASSISTANCE TO ELIGIBLE COMMUNITIES AND REGIONS AS THEY RESPOND TO AND RECOVER FROM

990 for the year ended December 31, 2024

Program accomplishments

  • THE RURAL DEVELOPMENT FUND'S (RDF) CURRENT AND FUTURE PLANS ARE TO FULFILL THE OBLIGATIONS SET FORTH IN THE WORK PLAN SUBMITTED TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) FOR A $5 MILLION REVOLVING LOAN FUND (RLF) PROGRAM. RDF PLANS TO CONTINUE TO GROW ITS NETWORK OF COMMERCIAL LENDERS THROUGHOUT WYOMING. RDF'S GROWTH CAPITAL PROGRAM PURCHASES SUBORDINATED PARTICIPATIONS IN PARTNERSHIP WITH COMMERCIAL LENDERS INTO ELIGIBLE PROJECTS. DEPLOYING THE EDA RLF IS RDF'S PRIMARY OBJECTIVE.A UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) RURAL BUSINESS ENTERPRISE GRANT (RBEG) IS ALSO AVAILABLE FOR THE RDF TO DEPLOY.
    Expenses $139,170 · revenue $272,634

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
84-4161380
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,030,102
Income (IRS master file)
$671,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$671,298$189,088$5,030,102XML
990December 2023$1,880,246$218,622$4,533,902XML
990December 2022$157,967$156,590$3,151,536IRS
990December 2021–––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 84-4161380).

Questions about RURAL DEVELOPMENT FUND

What is the EIN of RURAL DEVELOPMENT FUND?
The employer identification number (EIN) of RURAL DEVELOPMENT FUND is 84-4161380.
Is RURAL DEVELOPMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to RURAL DEVELOPMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RURAL DEVELOPMENT FUND 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 FUND 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 FUND 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 FUND?
The 990 for the year ended December 31, 2024 names JILL KLINE.
Who are the officers and directors of RURAL DEVELOPMENT FUND?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does RURAL DEVELOPMENT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $671,298, expenses of $189,088 and total assets of $5,030,102 at year end.

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