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DURANT DEVELOPMENT CORPORATION

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Public nonprofit record

DURANT DEVELOPMENT CORPORATION

EIN 42-1324829

What they do

THE DURANT DEVELOPMENT CORPORATION WAS ESTABLISHED WITH THE PURPOSE to ENCOURAGE, ASSIST, MAINTAIN, and DEVELOP IN and for THE CITY of DURANT and SURROUNDING AREA, INDUSTRIAL and BUSINESS PROJECTS of SUCH CHARACTER AS WILL ENLARGE EMPLOYMENT OPPORTUNITIES and AID THE GROWTH and DEVELOPMENT of THE CITY of DURANT and THE SURROUNDING AREA. THE ORGANIZATION DOES THIS THROUGH THE FOLLOWING ACTIVITIES: 1. RESEARCHING and LOCATING DESIRABLE NEW BUSINESSES for ESTABLISHMENT and DEVELOPMENT IN DURANT. PRESENTING OUR COMMUNITY AS A GOOD PLACE for THE COMPANIES to LOCATE or EXPAND. WE ACCOMPLISH THIS BY GATHERING INFORMATION ABOUT INFRASTRUCTURE, SITE AVAILABILITY and PRICING, COMPARATIVE WAGE SCALES and SIMILAR FACTS ABOUT OUR COMMUNITY to PRESENT to DEVELOPMENT PROSPECTS. THIS WORK is DONE BY VOLUNTEER BOARD MEMBERS. 2. ATTEMPTING to BRING AVAILABLE LAND UNDER CONTROL SO WE CAN MARKET THE LAND to PROSPECTS AT AN ATTRACTIVE PRICE. WE ACCOMPLISH THIS BY RESEARCHING AVAILABLE LAND, and NEGOTIATING

Money

Financial picture

Tax year 2025
Revenue$14,045
Expenses$938
Assets$1,294,236
Income$45,265
Contributions$16,000
Management$853
Accounting fees$540

About this charity

Recognized since
January 1990
Location
502 8TH AVE, DURANT, IA 52747
County
Cedar
In care of
MICHAEL R HEIN
Primary officer
MICHAEL R HEIN, SECRETARY/TREAS

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
LATTAHARRIS LLP
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
06
Affiliation
3
Classification
1000
Deductibility
2
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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