Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
EIN 42-1324829 • 501(c)6 • Durant, IA
Profile
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
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Up$1,294,236
Up $37,294 (+3.0%) from 2024
Liabilities
Up$535,300
Up $24,187 (+4.7%) from 2024
Net Assets
Up$758,936
Up $13,107 (+1.8%) from 2024
Revenue
Down$14,045
Down $36,734 (-72%) from 2024
Expenses
Down$938
Down $677 (-42%) from 2024
Net Income
Down$13,107
Down $36,057 (-73%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,247,892 | $1,288,417 | ▲ $40,525 |
| Rtn Earn Endowment Incm Other Fnds | $745,829 | $758,936 | ▲ $13,107 |
| Savings and Temporary Cash Investments | $9,050 | $5,819 | ▼ $3,231 |
| Total Assets | $1,256,942 | $1,294,236 | ▲ $37,294 |
| Liabilities | |||
| Other Liabilities | $510,000 | $535,300 | ▲ $25,300 |
| Accounts Payable and Accrued Expenses | $1,113 | - | - |
| Total Liabilities | $511,113 | $535,300 | ▲ $24,187 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $745,829 | $758,936 | ▲ $13,107 |
| Total Liabilities and Net Assets / Fund Balance | $1,256,942 | $1,294,236 | ▲ $37,294 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $35,035 | $27,273 | $62,308 |
| Land | $1,253,382 | - | - |
| Name | Title |
|---|---|
| Dan Alpen | President |
| Delmar Frick | Director |
| Gary Paper | Director |
| Tom Compton | Director |
| Michael R Hein | Secretary/tr |
| Brad Witt | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $938 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Accounting | - | $540 | - | $540 |
| Office Expenses | - | $238 | - | $238 |
| Other Expenses | $25 | $75 | - | $25 |
| Total Functional Expenses | $85 | $853 | $0 | $938 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Note Payable - Liberty Trust | $535,300 |
“Annual meeting is held and all members have a vote in electing the directors for the coming year.”
“Delmar frick po box 714 durant, ia 52747 dan alpen 612 8th street durant, ia 52747 tom compton durant, ia 52747 gary paper 909 meadow ln durant, ia 52747 brad witt 5323 w kimberly rd davenport, ia 52806”
“Copy of the 990 is reviewed at the annual meeting or before filing”
“No other documents have been made available to the public”
“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 pricing with present owners to either procure an option to purchase or to purchase outright. 3. Encouragement and assistance with expansion and development of present businesses. 4. Maintaining active communication with city of durant officials in coordinating available incentives to industrial prospects.”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1113 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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 |
| IRS990/AllOtherContributionsAmt | 0 | 1000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHAEL R HEIN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5637854441 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1118 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DURANT |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52747 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | 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. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 85 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 540 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 540 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DAN ALPEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TOM COMPTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DELMAR FRICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHAEL R HEIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GARY PAPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BRAD WITT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE PRESIDE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1988 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 45265 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 22750 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 215 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 215 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 27273 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1247892 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1288417 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1315690 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 31220 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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 |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 758936 |
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| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -8470 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OfficerMailingAddressInd | 0 | true |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
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| IRS990/OtherExpensesGrp/Desc | 2 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 75 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 60 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 25 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 60 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 25 |
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| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PrincipalOfficerNm | 0 | MICHAEL R HEIN |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | 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. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 49164 |
| IRS990/PYTotalExpensesAmt | 0 | 1615 |
| IRS990/PYTotalRevenueAmt | 0 | 50779 |
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| IRS990/RelatedOrganizationsAmt | 0 | 15000 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -8470 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
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| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 6300 |
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| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 9050 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5819 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1253382 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 1253382 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 35035 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 27273 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 62308 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 535300 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NOTE PAYABLE - LIBERTY TRUST |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1288417 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 535300 |
| IRS990/ScheduleJRequiredInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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 PRICING WITH PRESENT OWNERS TO EITHER PROCURE AN OPTION TO PURCHASE OR TO PURCHASE OUTRIGHT. 3. ENCOURAGEMENT AND ASSISTANCE WITH EXPANSION AND DEVELOPMENT OF PRESENT BUSINESSES. 4. MAINTAINING ACTIVE COMMUNICATION WITH CITY OF DURANT OFFICIALS IN COORDINATING AVAILABLE INCENTIVES TO INDUSTRIAL PROSPECTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANNUAL MEETING IS HELD AND ALL MEMBERS HAVE A VOTE IN ELECTING THE DIRECTORS FOR THE COMING YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DELMAR FRICK PO BOX 714 DURANT, IA 52747 DAN ALPEN 612 8TH STREET DURANT, IA 52747 TOM COMPTON DURANT, IA 52747 GARY PAPER 909 MEADOW LN DURANT, IA 52747 BRAD WITT 5323 W KIMBERLY RD DAVENPORT, IA 52806 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COPY OF THE 990 IS REVIEWED AT THE ANNUAL MEETING OR BEFORE FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO OTHER DOCUMENTS HAVE BEEN MADE AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL R HEIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREAS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5637854441 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-01-30 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LATTAHARRIS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1201 NORTH AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TIPTON |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-01-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MITCH RICHMAN EA |
| ReturnHeader/ReturnTs | 0 | 2026-02-07T09:51:14-05:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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