Mission
RDFC ENCOURAGES ECONOMIC DIVERSIFICATION AND COMMUNITY VITALITY THROUGH THE GENERATION OF FUNDING THAT SUPPORTS SUSTAINABLE ASSET BUILDING.
Public Charity
RURAL DEVELOPMENT FINANCE CORPORATION
RURAL DEVELOPMENT FINANCE CORPORATION is a Public Charity headquartered in MANDAN, ND. Financial data from the 2024 filing: $2.6M revenue, $373K expenses, $11.4M total assets.
EIN: 450437973
MANDAN, ND
Latest filing: 2024
Total Revenue$2.6M
Total Expenses$373K
Total Assets$11.4M
Grant Records0
Filing Years2019–2024
Where $100 goes at Rural Development Finance Corporation
How Rural Development Finance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$67
Programs
the work itself
$33
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 $67 for programs
$47
To encourage economic diversification and revitalization of rural communities in north dakota and adjacent states, create employment and increase income for displaced farmers and low-income persons, and to…
$20
The rdfc grant program helped rural communities in north dakota achieve economic diversification and revitalization
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
Allan Engh
DIRECTOR
Andy Weiss
DIRECTOR
Cheryl Osowski
PRESIDENT
David Sigloh
SECRETARY/TREASURER
Deon Vilhauer
DIRECTOR
Greg Rauschendorfer
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.6M | $373K | $11.4M |
| 2023 | $1.1M | $221K | $8.9M |
| 2022 | $526K | $157K | $8.4M |
| 2020 | $891K | $298K | $7.7M |
| 2019 | $1.4M | $162K | $7.1M |
Between 2019 and 2024, reported annual revenue grew from $1.4M to $2.6M (+87%), with total assets most recently reported at $11.4M.
Interactive year-over-year charts and full filing details available with membership.