Program areas at Durant Development Corporation
The Durant Development Corporation was created for marketing the city of Durant as a good place for a company to locate and expand. The organization works together with Durant city officials to gather and collate information regarding infrastructure, site availability and pricing, comparative wage scales and similar facts about the Durant community to present to industrial Development prospects. The organization also works with city officials to bring available land under control so they can market the land to prospects at an attractive price as opposed to dealing with inflated prices that individual landowners might charge.
The Durant Development Corporation was created for marketing the city of Durant as a good place for a company to locate and expand. The organization works together with Durant city officials to gather and collate information regarding infrastructure, site availability and pricing, comparative wage scales and similar facts about the Durant community to present to industrial Development prospects. The organization also works with city officials to bring available land under control so they can market the land to prospects at an attractive price as opposed to dealing with inflated prices that individual landowners might charge.
Personnel at Durant Development Corporation
| Name | Title | Compensation | Date of data |
|---|
| Michael R Hein | Secretary and Treasurer | $0 | 2024-04-25 |
| Dan Alpen | President | $0 | 2023-12-31 |
| Brad Witt | Vice President | $0 | 2023-12-31 |
| Norman Doty | President | $0 | 2021-12-31 |
Financials for Durant Development Corporation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $500 | $500 | - |
| Program services | $3,500 | $3,800 | -7.9% |
| Investment income and dividends | $26,044 | $6,220 | 318.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $-616 | $-1,040 | 40.8% |
| Net gain from sale of non-inventory assets | $0 | $27,936 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $29,428 | $37,416 | -21.3% |
Organizations like Durant Development Corporation
| Organization | Type | Location | Revenue |
|---|
| West Chester Development Council | 501(c)(6) | West Chester, OH | $25,666 |
| Appanoose Economic Development Corporation | 501(c)(6) | Centerville, IA | $90,146 |
| Eisenhower Avenue Public-Private Partnership | 501(c)(6) | Alexandria, VA | $48,515 |
| Fishtown | 501(c)(6) | Philadelphia, PA | $33,148 |
| Harrison County Development Corporation | 501(c)(6) | Logan, IA | $109,148 |
| Massillon Development Foundation | 501(c)(6) | Massillon, OH | $37,645 |
| Eagle Grove Community Dev Corporation | 501(c)(6) | Eagle Grove, IA | $66,687 |
| Tuscarawas County Community Improvement Corporation | 501(c)(6) | Dover, OH | $14,873 |
| County Port Authority | 501(c)(6) | Rio Rico, AZ | $71,755 |
| Winthrop Opportunities A Local Development Corporation | 501(c)(6) | Winthrop, MN | $10,929 |
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsPartially liquidatedCommunity engagement / volunteeringNo full-time employees
General information
- Address
- 502 8th Ave
- Durant, IA 52747
- Metro area
- Davenport-Moline-Rock Island, IA-IL
- County
- Cedar County, IA
- Phone
- (563) 785-4441
IRS details
- EIN
- 42-1324829
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1988
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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