Nonprofit · EIN 45-0433205
KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2
Tax-exempt · KENMARE, ND 58746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$146,252 | $58,755 | -$205,007 | $4,663,160 | $1,012,449 | $3,650,711 |
| December 31, 2023 | 990 | -$1,680 | $17,973 | -$19,653 | $4,911,749 | $1,056,031 | $3,855,718 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $83,302
- of which government grants
- $71,873
- Program service revenue
- $0
- Investment income
- $210
- Net rental income
- -$229,764
- Other revenue
- -$229,764
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $20
- Program services (functional)
- $58,755
Balance sheet and other
- Total assets, start of year
- $4,911,749
- Total assets, end of year
- $4,663,160
- Total liabilities, end of year
- $1,012,449
- Net assets, end of year
- $3,650,711
- Land, buildings and equipment
- $4,520,131
- Gross receipts
- $276,368
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- ND
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Froseth | President Trustee or director, Officer | 2 | $0 |
| Jonathan Essler | Secretary Trustee or director, Officer | 1 | $0 |
| Emmy Handeland | Director Trustee or director | 1 | $0 |
| Jamie Livingston | Treasurer Trustee or director, Officer | 2 | $0 |
| Arlen Gartner | Director Trustee or director | 1 | $0 |
| Troy Hedberg | Director Trustee or director | 1 | $0 |
| Scot Ness | Director Trustee or director | 1 | $0 |
| Rick Harris | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Froseth | President Trustee or director, Officer | 2 | $0 |
| Jonathan Essler | Secretary Trustee or director, Officer | 1 | $0 |
| Emmy Handeland | Director Trustee or director | 1 | $0 |
| Jamie Livingston | Treasurer Trustee or director, Officer | 2 | $0 |
| Arlen Gartner | Director Trustee or director | 1 | $0 |
| Troy Hedberg | Director Trustee or director | 1 | $0 |
| Scot Ness | Director Trustee or director | 1 | $0 |
| Rick Harris | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 353, KENMARE, ND 58746-0353
- Principal officer (990 for 2024)
- Jamie Livingston, PO Box 44, Kenmare, ND 58746
- Signed the 990
- Jamie Livingston, Treasurer
- Phone
- (701) 385-4287
- Return prepared by
- JAN A KOSTAD PC
Mission
Promote Economic Development Distribute funds and provide assistance for economic development. Seek businesses to relocate to the area, help existing businesses maintain.
Program accomplishments
- Distribute funds and provide assistance for economic development. Seek businesses to relocate to the area, help current businesses to expand into the area. Pursue grants for economic developmentsExpenses $58,755 · revenue $83,302
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 45-0433205
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32Z)
- Assets (IRS master file)
- $4,663,160
- Income (IRS master file)
- $276,368
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$146,252 | $58,755 | $4,663,160 | XML |
| 990 | December 2023 | -$1,680 | $17,973 | $4,911,749 | XML |
| 990 | December 2022 | -$130,907 | $37,565 | $4,973,391 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 45-0433205).
Questions about KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2
- What is the EIN of KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2?
- The employer identification number (EIN) of KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 is 45-0433205.
- Is KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 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 KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 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 KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 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 KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2?
- The 990 for the year ended December 31, 2024 names Jamie Livingston.
- Who are the officers and directors of KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does KENMARE COMMUNITY DEVELOPMENT CORPORATION NO 2 have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$146,252, expenses of $58,755 and total assets of $4,663,160 at year end.
Other nonprofits in KENMARE
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- WARD COUNTY COUNCIL ON AGING EIN 45-0354488 · last filed 990 for 2024
- KENMARE WHEELS AND MEALS INC EIN 45-0343486 · last filed 990 for 2024
- KENMARE HOUSING CORPORATION EIN 45-0307500 · last filed 990 for 2025
- KENMARE COUNTRY CLUB EIN 45-0310646 · last filed 990-EZ for 2024
- LAKE COUNTY HISTORICAL SOCIETY EIN 45-0314882 · last filed 990-EZ for 2025
- VAN HOOK ASSOCIATION EIN 45-0392247 · last filed 990-EZ for 2025
- KENMARE SENIOR CITIZENS CENTER EIN 45-0356313 · last filed 990-N for 2024
All nonprofits in KENMARE · North Dakota · Community improvement and capacity building