DEMOGRAPHIC
ADDRESS
PO BOX 265
56248
COUNTY
grant county, MN
IN CARE OF NAME
NANCY THOMPSON
ORGANIZATIONAL OVERVIEW & RANKINGS
HERMAN DEVELOPMENT CORPORATION is a based in HERMAN, MN . Established in May 1995, it operates as an independent corporation and contributions are not tax-deductible .
With total assets of $50,001.00, this ranks 574,878 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 13,052 out of 53,624 organizations in MN (Top 25%).
In grant county, MN, the organization ranks 20 out of 128 nonprofits by assets (Top 10%), while locally in herman, it stands at 3 among 19 organizations (Top 3%).
The organization reported annual revenue of $46,153.00, ranking 506,109 nationally (Top 20%) and 12,148 in MN (Top 23%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, HERMAN DEVELOPMENT CORPORATION ranks 174,638 in assets (Top 23%) and 140,349 in revenue (Top 18%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Attracting new industry or retaining industry in an area
Low and moderate income housing
Area development redevelopment of renewal
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$104,637.00
FORM 990 REVENUE AMOUNT
$46,153.00
RULING DATE
05/1995
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$50,001.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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