Nonprofit · EIN 42-1381483
WAYNE COUNTY DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · CORYDON, IA 50060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $32,787 | $46,517 | -$13,730 | $138,726 | $0 | $138,726 |
| December 31, 2024 | 990 | $37,961 | $41,196 | -$3,235 | $152,456 | $0 | $152,456 |
| December 31, 2023 | 990 | $272,739 | $208,782 | $63,957 | $155,691 | $0 | $155,691 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $21,750
- of which government grants
- $15,000
- Membership dues
- $1,750
- Program service revenue
- $3,675
- Investment income
- $7,362
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $625
- Occupancy
- $9,464
- Travel
- $189
- Program services (functional)
- $38,880
- Management and general (functional)
- $7,637
Balance sheet and other
- Total assets, start of year
- $152,456
- Total assets, end of year
- $138,726
- Total liabilities, end of year
- $0
- Net assets, end of year
- $138,726
- Gross receipts
- $32,787
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1991
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN BENNETT | DIRECTOR Trustee or director | – | $0 |
| BRADY BLOOMQUIST | DIRECTOR Trustee or director | – | $0 |
| JENNIFER COUCHMAN | DIRECTOR Trustee or director | – | $0 |
| CALEB HOUSH | DIRECTOR Trustee or director | – | $0 |
| RUSS MCGEE | DIRECTOR Trustee or director | – | $0 |
| MIKE STILL | DIRECTOR Trustee or director | – | $0 |
| BRENDA DEVORE | SECRETARY Officer | – | $0 |
| MARK HEWITT | VICE PRESIDE Officer | – | $0 |
| LANCE LANGE | PRESIDENT Officer | – | $0 |
| SARA WAMPLER | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRADY BLOOMQUIST | DIRECTOR Trustee or director | – | $0 |
| KEITH DAVIS | DIRECTOR Trustee or director | – | $0 |
| MARK HEWITT | DIRECTOR Trustee or director | – | $0 |
| LANCE LANGE | DIRECTOR Trustee or director | – | $0 |
| JIMMY SPIDLE | DIRECTOR Trustee or director | – | $0 |
| BRENDA DEVORE | VICE PRESIDE Officer | – | $0 |
| STACY GIBBS | SECRETARY Officer | – | $0 |
| CALEB HOUSH | PRESIDENT Officer | – | $0 |
| SARA WAMPLER | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH DAVIS | DIRECTOR Trustee or director | – | $0 |
| MARK HEWITT | DIRECTOR Trustee or director | – | $0 |
| LANCE LANGE | DIRECTOR Trustee or director | – | $0 |
| JIMMY SPIDLE | DIRECTOR Trustee or director | – | $0 |
| SARA WAMPLER | DIRECTOR Trustee or director | – | $0 |
| BRENDA DEVORE | TREASURER Officer | – | $0 |
| STACY GIBBS | SECRETARY Officer | – | $0 |
| CALEB HOUSH | PRESIDENT Officer | – | $0 |
| DAN ROCKHOLD | VICE-PRESIDE Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 35, CORYDON, IA 50060-0035
- Mailing address (990-N for 2019)
- PO BOX 435, CORYDON IA 50060
- Principal officer (990 for 2025)
- LANCE LANGE, 302 N 5TH ST, SEYMOUR, IA 52590
- Principal officer (990-N for 2019)
- DAVID DOTTS, PO BOX 435, CORYDON IA 50060
- Signed the 990
- LANCE LANGE, PRESIDENT
- Phone
- (641) 203-4415
- Website
- www.waynecountyia.com
- Return prepared by
- FREEMAN TAX AND ACCOUNTING PLLC
Mission
ECONOMIC DEVELOPMENT OF WAYNE COUNTY, IOWA, FOCUSING ON AVAILABILITY OF AFFORDABLE WORKFORCE HOUSING AND PROMOTING TOURISM THROUGHOUT
Program accomplishments
- SUMMER ON THE SQUARE MEALS & ENTERTAINMENT OLD SETTLERS CELEBRATIONExpenses $29,266 · revenue $2,460
- PROMOTION OF TOURISM BY FUNDING PAINTED MURALS THROUGHOUT THE COUNTYExpenses $3,609
- HUMESTON TRAILS AND RECREATION CINDER PATHExpenses $6,005
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1381483
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $138,726
- Income (IRS master file)
- $32,787
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $32,787 | $46,517 | $138,726 | IRS |
| 990 | December 2024 | $37,961 | $41,196 | $152,456 | IRS |
| 990 | December 2023 | $272,739 | $208,782 | $155,691 | XML |
| 990 | December 2022 | $421,894 | $1,041,338 | $91,734 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: DAVID DOTTS | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-1381483).
Questions about WAYNE COUNTY DEVELOPMENT CORPORATION
- What is the EIN of WAYNE COUNTY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of WAYNE COUNTY DEVELOPMENT CORPORATION is 42-1381483.
- Is WAYNE COUNTY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to WAYNE COUNTY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAYNE COUNTY DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WAYNE COUNTY DEVELOPMENT CORPORATION 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 WAYNE COUNTY DEVELOPMENT CORPORATION 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 WAYNE COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names LANCE LANGE.
- Who are the officers and directors of WAYNE COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does WAYNE COUNTY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $32,787, expenses of $46,517 and total assets of $138,726 at year end.
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All nonprofits in CORYDON · Iowa · Community improvement and capacity building