Leeds Economic Development

Foundation · Grantmaker Leeds, ND EIN: 36-3719006

Local economic development

Key facts about Leeds Economic Development

In short: Leeds Economic Development gave $189K across 7 grants in 2025 (avg $27K), mostly in North Dakota. Source: 2025 IRS Form 990.

EIN
36-3719006
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$188,500
Grants made (2025)
7
Average grant
$26,929
Median grant
$15,000
Total assets
$1,168,133
Primary geography
North Dakota (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.2M

+6.0% YoY

Annual Giving

$189K

+54.5% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$27K

+32.4% YoY

How Leeds Economic Development gives

  • Giving grew 73% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Leeds Economic Development

Based on IRS filings

Leeds Economic Development is a nonprofit organization, based in Leeds, ND. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 7 grants totaling $189K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2025 grant dollars.

States

Cities

LeedsMinnewaukanEsmond

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K3 grants20191 grants20206 grants20216 grants20227 grants20236 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Leeds Rural Fire Protection Distric: $60KLeeds Rural Fire ProtectionDistric$60KLeeds Park Board: $47KLeeds Park Board$47KTiny Treasures: $38KTiny Treasures$38KLeeds Community Center: $15KLeeds Community Center$15KMidwest Metalworks: $15KMidwest Metalworks$15KLeeds York Sportsman Club: $8KLeeds York Sportsman Club$8KPark Vue Apartments: $7KPark Vue Apartments$7K

Grant Size Distribution

32 grants across all recorded years

31<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
LEEDS RURAL FIRE PROTECTION DISTRIC Leeds, NDEQUIPMENT$60,000
LEEDS PARK BOARD Leeds, NDPOOL PROJECT/OPERATI$46,500
TINY TREASURES Leeds, NDOPERATING EXPENSE$38,000
LEEDS COMMUNITY CENTER Leeds, NDBUILDING RENOVATIONS$15,000
MIDWEST METALWORKS Leeds, NDSTART UP$15,000
LEEDS YORK SPORTSMAN CLUB Leeds, NDEQUIPMENT & JERSEYS$7,500
PARK VUE APARTMENTS Leeds, NDSECURITY CAMERAS$6,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019202020212022202320242025
Metric202520242023
Total Assets$1,168,133$1,101,566$1,000,514
Revenue$337,644$287,604$296,461
Expenses$271,091$188,985$209,414
Qualifying Distributions———
Net Investment Income$18,989$14,453$5,699
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS April 24, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 23, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 10, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS June 28, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS June 9, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Leeds Economic Development is led by Roger Kenner, Chairman since 2023 (on filings since 2019); none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Roger Kenner

    Chairman

    President → Chairman & Director, 2022

    Chairman & Director → Chairman, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dennis Paulson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Erica Kenner

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Keith Streyle

    Director

    Vice President → Director, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kyle Nelsen

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Patrick Streyle

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steve Jorgenson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeff Jacobson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brady Stoll

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ron Hofstrand

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tony Gratton

    Treasurer

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Glenn Hoffmann (2019–2023) — Treasurer
  • Former: Robert Bubach (2019–2023) — Director
  • Former: Duane Jacobson (2019–2021) — Director
  • Former: Tony Graten (2020–2021) — Director
  • Former: Curtis Jacobson (2019–2020) — Director
  • Former: Kelli Fisher (2019) — Director

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.

Frequently asked questions about Leeds Economic Development

How much does Leeds Economic Development give each year?

Leeds Economic Development gave $189K across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $122K across 6 grants.

What is Leeds Economic Development's typical grant size?

Leeds Economic Development's median grant in 2025 was $15,000, and its average grant was $26,929, across 7 grants on its 2025 IRS Form 990.

Where does Leeds Economic Development give grants?

Leeds Economic Development gives mostly in North Dakota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Leeds, ND (7 grants).

Does Leeds Economic Development give general operating support?

Yes: 14% of Leeds Economic Development's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990.

Who are Leeds Economic Development's largest grantees?

Leeds Economic Development's largest 2025 grantees include Leeds Rural Fire Protection Distric ($60,000), Leeds Park Board ($46,500) and Tiny Treasures ($38,000), according to its 2025 IRS Form 990. Together they received 77% of its itemized 2025 grant dollars.

How large is Leeds Economic Development?

Leeds Economic Development reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $338K.

What is Leeds Economic Development's EIN?

Leeds Economic Development's EIN (Employer Identification Number) is 36-3719006. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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