Region V Community Development Corporation is a 501(c)(3) organization based in Fargo, North Dakota, registered in 1995, with $657,935 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$658K
▼ 0.9% vs prior year
Community median: $184K
Expenses (FY2024)
$844K
Net assets
$3.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Region V Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Region V Community Development Corporation: 50 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Region V Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Region V Community Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $403K (FY2013) to $658K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-28.3%
Spent more than it raised in the latest fiscal year.
Total assets
$8.8M
Total liabilities
$5.3M
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $657,935▼0.9% | $844,200▲65.1% | $3,512,064▼0.6% | $8,847,847▲4.9% | 990 |
| 2023 | $663,614▲15.8% | $511,380▲16.8% | $3,531,996▲13.2% | $8,432,447▲17.4% | 990 |
| 2022 | $573,178▼15.8% | $437,796▼14.4% | $3,119,712▲4.5% | $7,180,362▲8.2% | 990 |
| 2021 | $680,437▲27.2% | $511,177▲7.1% | $2,984,330▲6.0% | $6,633,842▲1.1% | 990 |
| 2020 | $534,902▲7.6% | $477,506▼32.5% | $2,815,070▲2.1% | $6,558,913▲0.2% | 990 |
| 2019 | $497,297▲37.2% | $707,019▲36.7% | $2,757,674▼7.1% | $6,546,980▼2.4% | 990 |
| 2018 | $362,588▼35.4% | $517,377▲30.0% | $2,967,396▼5.0% | $6,704,632▼0.5% | 990 |
| 2017 | $561,070▲36.2% | $398,071▲11.2% | $3,122,185▲2.9% | $6,738,306▲49.3% | 990 |
| 2016 | $411,875▲1.4% | $357,842▲10.8% | $3,033,185▲1.8% | $4,514,746▲0.6% | 990 |
| 2015 | $406,312▼18.3% | $323,023▲6.2% | $2,979,152▲2.9% | $4,489,185▲3.5% | 990 |
| 2014 | $497,610▲23.5% | $304,216▲5.3% | $2,895,863▲7.2% | $4,339,055▼1.2% | 990 |
| 2013 | $403,044 | $288,950▼5.1% | $2,702,469▲4.4% | $4,392,608▼6.8% | 990 |
| 2012 | — | $304,334▼11.8% | $2,588,375▲16.6% | $4,711,234▲35.0% | 990 |
| 2011 | — | $345,104▼1.4% | $2,220,572▼0.4% | $3,490,711▼2.3% | 990 |
| 2010 | — | $350,029 | $2,229,006 | $3,573,415 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Region V Community Development Corporation (EIN 45-0435966) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.