philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Klamath Community Development Corp FY2022 filing

Klamath Falls, ORUnknown exempt organizationEIN 93-1174506Revenue $10K in FY2022

On file with the IRS17356 Hill Road · Klamath Falls, OR

This page gets seen. Tell your story. Claim this org.

Promote economic Development within the Klamath county area in Klamath falls, oregon.

68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $4K a year · 36% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
153 mo
of spending, in cash
Looks good: 153.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10K
-41% vs prior year
Spent
$19K
To programs
68%
Net assets
$356K
By yearFY2021–FY2024
Revenue
$10K
FY2022▼ -41%
Tap a bar for its year
Revenue by fiscal year
FY2021$17K
FY2022$10K
FY2023$10K
FY2024$7K
Expenses
$19K
FY2022▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2021$17K
FY2022$19K
FY2023$9K
FY2024$15K
Net assets
$356K
FY2022▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2021$365K
FY2022$356K
FY2023$356K
FY2024$0

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $13K Management & general 32% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chris Moudry
Treasurer
$0Pt VII · Sec A
Tim Bailey
Board Member
$0Pt VII · Sec A
Andrew Stuedli
Vice President
$0Pt VII · Sec A
John Dey
President
$0Pt VII · Sec A
Drew Honzel
Board Member
$0Pt VII · Sec A
Diana Boyd
Board Member
$0Pt VII · Sec A
Don York
Secretary
$0Pt VII · Sec A
Lauren Jespersen
Board Member
$0Pt VII · Sec A
See Klamath Community Development Corp executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Boosts economic growth and opportunity in Klamath County, Oregon.

Questions for Klamath Community Development Corp

Tap to ask. Klamath Community Development Corp sees how many people are interested.

Your first name shows with your question. Klamath Community Development Corp answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $13K · in their own filed words · FY2021
01

Promotion of economic development in new and existing industries in klamath county. Serves a population of approximately 50,000 residents.

$13Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$10K
Ln 12
Investment incomeLn 3$9K
Other incomeLn 4–11$1K
Gifts and grantsLn 1h$40
Money outPt IX
$19K
Ln 25
Programscol B$13K
Managementcol C$6K
Owns and owesPt X
$356K
net assets · Ln 32
Cash and savingsLn 1–2$238K
Total assetsLn 16$356K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$40
Government grantsLn 1e$40
Investment incomeLn 3$9K
Other incomeLn 4–11$1K
Total revenueLn 12$10K
Assets in detailPt X, end of year
CashLn 1$238K
Cash and savings togetherLn 1–2$238K
Total assetsLn 16$356K
LiabilitiesLn 26$0
Net assetsLn 32$356K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$216K$238K
Total assetsLn 16$365K$356K
LiabilitiesLn 26$0$0
Net assetsLn 32$365K$356K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$19K$13K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7K$15K−$7K$0 990 PDF
FY2023 $10K$9K$381$356K 990 PDF
FY2022 Viewing $10K$19K−$9K$356K 990 PDF
FY2021 $17K$17K−$223$365K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $9,894 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,400$40
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $10,305$8,552
I-11 Other revenuePrior year $170$1,302
I-12 Total revenuePrior year $16,875$9,894
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $17,098$18,660
I-18 Total expensesPrior year $17,098$18,660
I-19 Revenue less expensesPrior year −$223−$8,766
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $9,894 across 5 lines filed
VIII-1e Government grants$40
VIII-1h Total contributions, gifts and grants$40
VIII-3 Investment incomeExcluded from tax $8,552$8,552
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,302$1,302
VIII-12 Total revenueRelated to mission $1,302 · Unrelated business $0 · Excluded from tax $8,552$9,894
Part IX · Statement of functional expenses $18,660 across 3 lines filed
IX-11c Accounting feesManagement $3,985$3,985
IX-23 InsuranceManagement $2,063$2,063
IX-24 Other expenses (24a–d)Programs $12,612$12,612
IX-25 Total functional expensesPrograms $12,612 · Management $6,048 · Fundraising $0$18,660
Part X · Balance sheet $355,901 assets, 6 lines filed
Asset lines not itemized here account for $117,829; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $216,193$238,072
X-16 Total assetsStart of year $364,667$355,901
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $364,667$355,901
X-32 Total net assets or fund balancesStart of year $364,667$355,901
X-33 Total liabilities and net assetsStart of year $364,667$355,901
Part XI · Reconciliation of net assets $355,901 net assets at year end
XI-1 Total revenue$9,894
XI-2 Total expenses$18,660
XI-3 Revenue less expenses−$8,766
XI-4 Net assets at start of year$364,667
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$355,901

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.