WAHPETON COMMUNITY DEVELOPMENT CORPORATI

EIN: 450429496

WAHPETON, ND

Total Revenue
$-427,400
Total Expenses
$204,785
Total Assets
$2,188,893
Net Assets
$2,188,893
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
ND
Phone
7016428559
Tax Period
2024-01-01 to 2024-12-31

WAHPETON COMMUNITY DEVELOPMENT CORPORATI, founded in 1992, is a micro nonprofit that reported $427K in total revenue in fiscal year 2024.

Mission

Purchase undeveloped commercial real estate for sale, lease, or finance for new or existing industries in the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,460
Program Service Revenue $0
Investment Income $-383,446
Other Revenue $-47,414
TOTAL REVENUE $-427,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $204,785
Other Expenses $204,785
TOTAL EXPENSES $204,785

Year-over-Year Comparison

2024 2023 Change
Revenue $-427,400 $-17,661 +23.2%
Expenses $204,785 $5,391 +37.0%
Net Income $-632,185 $-23,052 +26.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE RUBISH President 1.00
Officer
$0 $0 $0
DAMON DEVILLERS Vice President 1.00
Officer
$0 $0 $0
DAN ZINK Vice President 1.00
Officer
$0 $0 $0
BRAD PAULY Treasurer 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $-427,400 $204,785 $2,188,893 $-632,185
2023 $-17,661 $5,391 $3,307,648 $-23,052
2022 $-11,607 $5,426 $3,330,700 $-17,033
2021 $-19,218 $7,581 $3,390,189 $-26,799
2020 $-11,151 $11,583 $3,429,488 $-22,734
2019 $-7,165 $3,650 $2,979,002 $-10,815
2018 $8,309 $16,570 $3,002,317 $-8,261
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