Munich Area Development Corp

Unknown organization based in Munich, ND. 1 employees. Exempt under §501(c)(4).

MissionTHE ENTITY OPERATES A LOW-INCOME APARTMENT COMPLEX AND OPERATES VIDEO GAMING MACHINES WITH THE PROCEEDS USED FOR VARIOUS CIVIC NEEDS IN MUNICH ND AND NEIGHBORING COMMUNITIES.

EIN
36-3364172
State
ND
Sector
Unknown
Budget band
$250K–$500K
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$290K
Total revenue
$171K
Total expenses
$1.1M
Net assets

Financial health · TY 2024

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
62.6 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Munich Area Development Corp Executive Compensation | 990 Data | DoubleNine