Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990; $182K paid to officers and key staff (Part VII, Section A).
Troy Roberts’s $182K as Executive Di is at the 95th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Troy Roberts | $181,847 | $187,715 | $116,239 | $187,582 | $212,437 | $107,683 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Wakarusa Valley Development INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps create and keep jobs in the community.
Questions for Wakarusa Valley Development INC
Your first name shows with your question. Wakarusa Valley Development INC answers here, for everyone.
Provide assistance to small businesses seeking financing for expansion activities that will create new jobs in the community.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 48-1029610) · Dispute this lineBy the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $254K | $318K |
| Land, buildings, equipmentLn 10c | $1K | $598 |
| Total assetsLn 16 | $760K | $811K |
| LiabilitiesLn 26 | $34K | $30K |
| Net assetsLn 32 | $726K | $781K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $182K | $145K | $36K | |
| Other salaries and wagesLn 7 | $74K | $59K | $15K | |
| Payroll taxesLn 10 | $25K | $20K | $5K | |
| Legal feesLn 11b | $12K | $12K | ||
| Accounting feesLn 11c | $13K | $13K | ||
| Office expensesLn 13 | $2K | $2K | $487 | |
| OccupancyLn 16 | $16K | $13K | $3K | |
| TravelLn 17 | $5K | $3K | $2K | |
| Depreciation, depletion and amortizationLn 22 | $683 | $546 | $137 | |
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $35K | $31K | $3K | |
| All other expensesLn 24e | $10K | $2K | $9K | |
| Total functional expensesLn 25 | $379K | $288K | $91K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Jan 13, 2026 | $434K | $379K | $55K | $781K | 990 PDF |
| FY2024Filed with the IRS Jan 15, 2025 | $367K | $308K | $59K | $726K | 990 PDF |
| FY2023Filed with the IRS May 14, 2024 | $402K | $393K | $9K | $667K | 990 PDF |
| FY2022Filed with the IRS Feb 7, 2023 | $524K | $450K | $73K | $658K | 990 PDF |
| FY2021Filed with the IRS May 11, 2022 | $600K | $458K | $142K | $584K | 990 PDF |
| FY2020Filed with the IRS May 14, 2021 | $536K | $228K | $308K | $473K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $433,935 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 2 to look at
Part VIII · Statement of revenue $433,935 across 4 lines filed
Part IX · Statement of functional expenses $378,999 across 12 lines filed
Part X · Balance sheet $810,630 assets, 11 lines filed
Part XI · Reconciliation of net assets $780,995 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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