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Durant Development Corporation

EIN 42-1324829 · Durant, IA

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

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

Income
$14,045
Spending
$938
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $85 spent. THE DURANT DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF DURANT AS A GOOD PLACE FOR A COMPANY TO LOCATE AND EXPAND. THE ORGANIZATION WORKS TOGETHER WITH DURANT CITY OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT THE DURANT COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.
  2. THE DURANT DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF DURANT AS A GOOD PLACE FOR A COMPANY TO LOCATE AND EXPAND. THE ORGANIZATION WORKS TOGETHER WITH DURANT CITY OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT THE DURANT COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.
  3. THE DURANT DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF DURANT AS A GOOD PLACE FOR A COMPANY TO LOCATE AND EXPAND. THE ORGANIZATION WORKS TOGETHER WITH DURANT CITY OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT THE DURANT COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1990.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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