Kulm Community Development Corporation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Promote the general social welfare of the community and aquire, construct buildings and develop residential and commercial sites and to carry on development business; to loan money on real estate or other securities; to join and enter into agreements with cooperating relations.
- Income
- $225,045
- Spending
- $114,600
- Spent on programs
- 100%
- Reserves
- 24 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 67% of charities in its peer group (community improvement, under $250k).
Reserves
35 of 35Spendable reserves would cover 24.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 49% of income.
Income trend
0 of 15Income fell 79% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 19% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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)
- $67,447 spent. Kulm Community Development Corp was awarded 2 grants in 2024 to fund the construction of a new health clinic building and it will also house the volunteer ambulance office and equipment. The building project was started in 2025 with intentions to be operational in 2026.
- $42,376 spent. Kulm Hometown Events are providing community engagements to support the entire community through the annual Kulm Hometown Events celebration which includes events such as concerts, contests, Bingo, kids games, petting farm animals, rodeos, and raffles. The Kulm Booster Club organizes and sells concessions for a summber t-ball league for children in Kindergarten thru 4th grade.
- $4,272 spent. The laundromat was opened in 2020 to accomodate an influx of windtower workers with their needs. The idea was to keep these workers from leaving town and supporting other community grocery and hardware stores. This business now operates at a loss, but still serves the community. Lots for RV hookups were obtained and used for Kulms 125th celebration. Several lots are being used for the new health clinic and ambulance building.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Christian Community Development Corporation Inc (Memphis, TN), EIN 62-1797945. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.