NonprofitsKulm Community Development Corporation

Community Improvement & Capacity Building

Kulm Community Development Corporation

KULM, ND

Total revenue

$1.1M

Total expenses

$112K

Net assets

$512K

Grants received

EIN

450313579

Tax year

2024

Mission

Promote the general social welfare of the community and aquire, construct buildings and develop residential and commercial sites and to carry on development business; to loan money on real estate or other securities; to join and enter into agreements with cooperating relations.

Programs

2 programs

Lots for RV hookups were obtained and used for Kulms 125th celebration. Other lots are going to be used for the new coming clinic and ambulance housing.

Expenses: $2K

The laundromat was opened in 2020 to accomodate an influx of windtower workers with their needs. The idea was to keep these workers from leaving town and supporting other community grocery and hardware stores. This business now operates at a loss, but still serves the community.

Expenses: $2K

Financials

FY 2024

Revenue

Contributions & grants$924K
Program service revenue$16K
Investment income$76K
Other revenue$59K
Total revenue$1.1M

Expenses

Grants paid$66K
Salaries & benefits
Fundraising
Other expenses$46K
Total expenses$112K
Total assets$1.1M
Net assets$512K

People

6 listed

NameRoleCompensation

Annette Hazelton

Director

Board

0

Brad Jans

Director

Board

0

Jacey Land

Treasurer

Board

0

Ben Pesek

President

Board

0

Scott Anderson

Secretary

Board

0

Wes Gackle

Vice President

Board

0

Details

EIN450313579
NTEE codeS80
Subsection03
Ruling date2022-03
Formed1969
Employees0
Volunteers15
KULM COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo