Desour Valley EDC Inc
To facilitate the retention, expansion, start-up and relocation of primary sector businesses in the burlington area to diversify and grow the region's economy.
Desour Valley EDC Inc at a glance
In short: Desour Valley EDC Inc gave $10K across 1 grant in 2025 (avg $10K), mostly in North Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $10,000
- +53.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $10,000
- +53.6% vs 2024
- Median grant
- $10,000
- Total assets
- $1,038,107
- +3.9% vs 2024
- Primary geography
- North Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Desour Valley EDC Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Ward County Historical Society ($10K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Desour Valley EDC Inc gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $7K (2024) to $100K (2019). In 2025 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ward County Historical Society Burlington, ND | Support the Organization's Purpose | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,038,107 | $60,071 | $31,013 | $10,000 | 1 | $29,044 |
| 2024 | $999,342 | $364,640 | $101,621 | $6,509 | 1 | $334,640 |
| 2023 | $736,323 | $151,738 | $111,767 | $65,357 | 2 | $118,188 |
| 2022 | $696,352 | $39,943 | $50,843 | $9,133 | 1 | $4,403 |
| 2021 | $709,236 | $42,306 | $30,739 | — | — | $6,718 |
| 2020 | $673,669 | $156,676 | $48,302 | $15,000 | 1 | $11,620 |
| 2019 | $565,295 | $188,823 | $518,397 | $100,000 | 1 | $165,011 |
About Desour Valley EDC Inc
Based on IRS filings
Desour Valley EDC Inc is a public charity focused on Community Improvement & Capacity Building, based in Burlington, ND. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $29K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Desour Valley EDC Inc is led by Andy Fimrite, President on every filing since 2019; 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Andy Fimrite
President
On filings since 2019
1.3 hrs/week
No compensation reported
Jeanine Kabanuk
Director
Committee Member → Director, 2021
On filings since 2019
0.3 hrs/week
No compensation reported
Rod Schwandt
Director
Committee Member → Director, 2021
On filings since 2019
0.3 hrs/week
No compensation reported
Scott Walter
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Shannon Hanson
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Jack Anderson
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Terilynn Hoff
Secretary
On filings since 2021
1.3 hrs/week
$5K (2021) → $5K (2025)
Darla Jost
Vice President
On filings since 2019
1.3 hrs/week
No compensation reported
Jeana Rynestad
Treasurer
Treasurer → Director & Treasurer, 2021
Director & Treasurer → Treasurer, 2022
On filings since 2019
1.3 hrs/week
No compensation reported
Former officers (2)
- Former: Michael Trowbridge (2020–2023) — Director
- Former: Steve Perry (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to Terilynn Hoff (Secretary).
Frequently asked questions about Desour Valley EDC Inc
How much does Desour Valley EDC Inc give each year?
Desour Valley EDC Inc gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7K across 1 grant.
How large is Desour Valley EDC Inc?
Desour Valley EDC Inc reported $1.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $60K.
What is Desour Valley EDC Inc?
Desour Valley EDC Inc is a public charity focused on Community Improvement & Capacity Building, based in Burlington, ND. It holds $1.0M in total assets as of 2025.
Where does Desour Valley EDC Inc operate?
Desour Valley EDC Inc has awarded grants in North Dakota.
What is Desour Valley EDC Inc's EIN?
Desour Valley EDC Inc's EIN (Employer Identification Number) is 45-0401140. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS July 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 18, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Live grants for the work Desour Valley EDC Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Desour Valley EDC Inc's focus areas in our free grants database
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