Form 990 for tax year 2024
Filed by COOPERATIVE DEVELOPMENT FUND OF CDS.
Totals
- Total revenue
- $1,757,696
- Total expenses
- $1,522,252
- Contributions and grants received
- $1,735,916
- Grants paid
- $750,000
- Program service revenue
- $13,443
- Investment income
- $4,308
- Other revenue
- $4,029
- Total assets, end of year
- $667,754
- Total liabilities, end of year
- $94,786
- Net assets or fund balances, end of year
- $572,968
- Program services expenses (Part IX)
- $1,394,392
- Management and general expenses
- $124,454
- Fundraising expenses
- $3,406
- Program service expenses (Part III)
- $1,394,392
Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$750,000
-
1f · All other contributions, gifts and grants
$985,916
-
2a · Program service revenue: CONSULTING REVENUE
total $13,443 · related or exempt $13,443
-
3 · Investment income
total $4,308 · excluded $4,308
-
11a · Other revenue: OTHER NON-SERVICE INCO
total $4,029 · related or exempt $4,029
-
11e · Other revenue, total
$4,029
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $750,000 · program services $750,000
-
11b · Fees: legal
total $2,520 · program services $709 · management and general $1,058 · fundraising $753
-
11c · Fees: accounting
total $12,254 · management and general $12,254
-
11g · Fees: other
total $6,832 · management and general $6,832
-
13 · Office expenses
total $12,457 · program services $8,846 · management and general $3,419 · fundraising $192
-
17 · Travel
total $3,170 · program services $3,044 · management and general $126
-
19 · Conferences, conventions and meetings
total $1,981 · program services $1,406 · management and general $544 · fundraising $31
-
24a · Other expenses: ECONOMIC DEVELOPMENT RE
total $627,219 · program services $627,219
-
24b · Other expenses: PAYROLL REIMBURSEMENT
total $105,591 · program services $3,168 · management and general $99,993 · fundraising $2,430
-
24c · Other expenses: BANK CHARGES
total $228 · management and general $228
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,544 · end of year $93,108
-
2 · Savings and temporary cash investments
beginning of year $336,012 · end of year $571,387
-
3 · Pledges and grants receivable
beginning of year $250
-
4 · Accounts receivable
beginning of year $8,250 · end of year $3,249
-
11 · Investments: publicly traded securities
beginning of year $10 · end of year $10
-
17 · Accounts payable and accrued expenses
end of year $82,301
-
25 · Other liabilities
beginning of year $18,542 · end of year $12,485
-
27 · Net assets without donor restrictions
beginning of year $95,758 · end of year $56,390
-
28 · Net assets with donor restrictions
beginning of year $241,766 · end of year $516,578
Mission and programs · 2024
Mission
TO HELP START AND GROW COOPERATIVELY OWNED ENTERPRISES
-
IN FY25, THE COOPERATIVE DEVELOPMENT FUND OF CDS HAD 37 ACTIVE FISCAL SPONSORSHIPS AGREEMENTS IN FORCE AND RECEIVED JUST OVER $1.74 MILLION IN CHARITABLE CONTRIBUTIONS AND GRANTS, PRIMARILY TO SUPPORT THE WORK OF STARTUP CO-OPS. THE FUND DISTRIBUTED A TOTAL OF $1.38M IN TOTAL GRANTS, DRAWN FROM CURRENT AND PAST YEAR CONTRIBUTIONS. DURING THE YEAR, THE FUND ALSO RECEIVED AND ADMINISTERED A $750,000 CONGRESSIONAL APPROPRIATION TO SUPPORT CONSTRUCTIONS OF A FOOD CO-OP IN ILLINOIS VIA A GRANT FROM THE US DEPT OF HOUSING AND URBAN DEVELOPMENT.
Expenses $1,394,392 · Grants $750,000 · Revenue $17,472
As filed on the 2024 return.
Listed in Part VII
-
Martin WalshMARTIN WALSH
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Collie GraddickCOLLIE GRADDICK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Amy FieldsAMY FIELDS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jen McCubbinJEN MCCUBBIN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Alison DeelstraALISON DEELSTRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sadie FrericksSADIE FRERICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary SloanGARY SLOAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael MinnihanMICHAEL MINNIHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Renee LedouxRENEE LEDOUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack HuerterJACK HUERTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Ramos HaazDANIEL RAMOS HAAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bobby MartensBOBBY MARTENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin EdbergKEVIN EDBERG
PREVIOUS EXECUTIVE DIRECTOR
- Total calculated
- $104,664
- From this org
- $0
- From related orgs
- $97,831
- Other
- $6,833
- Hours/week
- 10 + 40 related
-
Leslie WatsonLESLIE WATSON
EXECUTIVE DIRECTOR
- Total calculated
- $12,452
- From this org
- $0
- From related orgs
- $12,452
- Other
- $0
- Hours/week
- 10 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PRAIRIE FOOD CO-OP
$750,000
CONSTRUCTION OF NEW FOOD COOPERATIVE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COOPERATIVE DEVELOPMENT SERVICES INC
501(C)(6) · SUPPORT OF COOPERATIVE DEVELOPMENT · WI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621269349301077
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