Public Charity

PLATTE DEVELOPMENT CORPORATION

PLATTE DEVELOPMENT CORPORATION is a Public Charity headquartered in PLATTE, SD. Financial data from the 2024 filing: $525K revenue, $573K expenses, $671K total assets. 7 publicly reported grants to this organization, totaling roughly $318K, appear in IRS filings.

EIN: 363762148 PLATTE, SD Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$525K
Total Expenses$573K
Total Assets$671K
Grant Records7
Funding Total$318K
Filing Years2020–2024

Mission

Community growth and improvement

Where $100 goes at Platte Development Corporation

How Platte Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$32 Programs the work itself
$68 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $32 for programs

$32
The organization applied for and received a grant to help the community research and address the local child care shortage
99% of program spending
<$1
The organization provided scholarships to three high school seniors
1% of program spending
<$1
The organization has several lots and houses available for purchase and development to help resolve housing shortage within the community
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Cole Anderson
Vice President Cordell Muilenberg
President Dennis Vanderwerff
Secretary Janet Tegethoff
Director Kurt Vanderboom
Director Whitney Dehaan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$120,000 2 grants
Religion & Spirituality
$100,000 1 grant
Human & Social Services
$87,500 3 grants
Environment & Conservation
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $525K $573K $671K
2023 $526K $305K $735K
2022 $289K $63K $349K
2021 $64K $24K $99K
2020 $46K $17K $59K

Between 2020 and 2024, reported annual revenue grew from $46K to $525K (+1047%), with total assets most recently reported at $671K.

Interactive year-over-year charts and full filing details available with membership.

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