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Nonprofit · EIN 42-1381483

WAYNE COUNTY DEVELOPMENT CORPORATION

Tax-exempt (reinstated) · CORYDON, IA 50060

Financials

$273K$209K2023$38K$41K2024$33K$47K2025
Revenue Expenses · by fiscal year end
Financials of WAYNE COUNTY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$32,787$46,517-$13,730$138,726$0$138,726
December 31, 2024990$37,961$41,196-$3,235$152,456$0$152,456
December 31, 2023990$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.

NameTitleHours / weekCompensation
NATHAN BENNETTDIRECTOR
Trustee or director
–$0
BRADY BLOOMQUISTDIRECTOR
Trustee or director
–$0
JENNIFER COUCHMANDIRECTOR
Trustee or director
–$0
CALEB HOUSHDIRECTOR
Trustee or director
–$0
RUSS MCGEEDIRECTOR
Trustee or director
–$0
MIKE STILLDIRECTOR
Trustee or director
–$0
BRENDA DEVORESECRETARY
Officer
–$0
MARK HEWITTVICE PRESIDE
Officer
–$0
LANCE LANGEPRESIDENT
Officer
–$0
SARA WAMPLERTREASURER
Officer
–$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
BRADY BLOOMQUISTDIRECTOR
Trustee or director
–$0
KEITH DAVISDIRECTOR
Trustee or director
–$0
MARK HEWITTDIRECTOR
Trustee or director
–$0
LANCE LANGEDIRECTOR
Trustee or director
–$0
JIMMY SPIDLEDIRECTOR
Trustee or director
–$0
BRENDA DEVOREVICE PRESIDE
Officer
–$0
STACY GIBBSSECRETARY
Officer
–$0
CALEB HOUSHPRESIDENT
Officer
–$0
SARA WAMPLERTREASURER
Officer
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
KEITH DAVISDIRECTOR
Trustee or director
–$0
MARK HEWITTDIRECTOR
Trustee or director
–$0
LANCE LANGEDIRECTOR
Trustee or director
–$0
JIMMY SPIDLEDIRECTOR
Trustee or director
–$0
SARA WAMPLERDIRECTOR
Trustee or director
–$0
BRENDA DEVORETREASURER
Officer
–$0
STACY GIBBSSECRETARY
Officer
–$0
CALEB HOUSHPRESIDENT
Officer
–$0
DAN ROCKHOLDVICE-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
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

990 for the year ended December 31, 2025

Program accomplishments

  • SUMMER ON THE SQUARE MEALS & ENTERTAINMENT OLD SETTLERS CELEBRATION
    Expenses $29,266 · revenue $2,460
  • PROMOTION OF TOURISM BY FUNDING PAINTED MURALS THROUGHOUT THE COUNTY
    Expenses $3,609
  • HUMESTON TRAILS AND RECREATION CINDER PATH
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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)
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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$32,787$46,517$138,726IRS
990December 2024$37,961$41,196$152,456IRS
990December 2023$272,739$208,782$155,691XML
990December 2022$421,894$1,041,338$91,734IRS
990December 2021–––IRS
990December 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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