Mission
THE ENTITY OPERATES A LOW-INCOME APARTMENT COMPLEX AND OPERATES VIDEO GAMING MACHINES WITH THE PROCEEDS USED FOR VARIOUS CIVIC NEEDS IN MUNICH ND AND NEIGHBORING COMMUNITIES.
Public Charity
MUNICH AREA DEVELOPMENT CORP
MUNICH AREA DEVELOPMENT CORP is a private foundation categorized as Public Charity based in MUNICH, ND. Its most recent IRS filing (2024) reports revenue of $290K, expenses of $171K, total assets of $1.1M. Imperigo tracks 22 reported grants from this foundation totaling approximately $395K.
EIN: 363364172
MUNICH, ND
Latest filing: 2024
Total Revenue$290K
Total Expenses$171K
Total Assets$1.1M
Grants Given22
Grant Total$395K
Filing Years2019–2024
Sample Grants Given
MUNICH SCHOOL DISTRICT
IMPROVEMENTS
$40,750
ST JOHN FIRE DEPT
IMPROVEMENTS
$30,000
MUNICH COMMUNITY IMPROVEMENT
FOOD PANTRY
$20,000
IMPROVEMENTS
$11,115
IMPROVEMENTS
$10,839
Showing up to 5 of 22 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bobby Foster
VICE PRESIDENT
Brian Hoffman
DIRECTOR
Debi Zavalney
PRESIDENT (CURRENT)
Galen Fetsch
DIRECTOR
Matt Mitzel
PRESIDENT (PAST)
Richard Zimmer
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $290K | $171K | $1.1M |
| 2023 | $224K | $194K | $1.0M |
| 2022 | $200K | $108K | $981K |
| 2020 | $484K | $93K | $788K |
| 2019 | $86K | $26K | $402K |
Between 2019 and 2024, reported annual revenue grew from $86K to $290K (+238%), with total assets most recently reported at $1.1M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in ND.
ND
Full geographic grant map with state-by-state breakdown available with membership.