Munich Area Development Corp
THE ENTITY OPERATES A LOW-INCOME APARTMENT COMPLEX AND OPERATES VIDEO GAMING MACHINES WITH THE PROCEEDS USED FOR VARIOUS CIVIC NEEDS IN MUNICH ND AND NEIGHBORING COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+11.2% YoY
Annual Giving
$113K
-24.1% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$23K
+6.2% YoY
About Munich Area Development Corp
Based on IRS filings
Munich Area Development Corp is a nonprofit organization, based in MUNICH, ND. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $113K. Net investment income was $12K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,119,228 | $1,006,074 | $981,364 |
| Revenue | $290,391 | $223,983 | $200,111 |
| Expenses | $171,191 | $193,875 | $107,639 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,388 | $3,662 | $1,668 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Munich School District ($40,750), St John Fire Dept ($30,000), Munich Community Improvement ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUNICH FIRE DEPT MUNICH, ND | IMPROVEMENTS | $11,115 |
| ST JOHN FIRE DEPT SAINT JOHN, ND | IMPROVEMENTS | $30,000 |
| MUNICH COMMUNITY IMPROVEMENT MUNICH, ND | FOOD PANTRY | $20,000 |
| BYRON DORGAN YOUTH CENTER BELCOURT, ND | IMPROVEMENTS | $10,839 |
| MUNICH SCHOOL DISTRICT MUNICH, ND | IMPROVEMENTS | $40,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GALEN FETSCH | PRESIDENT (CURRENT) | 1 | — |
| RICHARD ZIMMER | PRESIDENT (PAST) | 1 | — |
| BRIAN HOFFMAN | VICE PRESIDENT | 1 | — |
| ROGER WIRTH | TREASURER | 1 | — |
| MATT MITZEL | DIRECTOR | 1 | — |
| BOBBY FOSTER | DIRECTOR | 1 | — |
| DEBI ZAVALNEY | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Munich Area Development Corp?
As of 2024, Munich Area Development Corp holds $1.1M in total assets with $290K in annual revenue. It awarded 5 grants totaling $113K in 2024.
Where does Munich Area Development Corp operate?
Munich Area Development Corp has awarded grants in North Dakota.
What size grants does Munich Area Development Corp award?
In 2024, Munich Area Development Corp awarded 5 grants totaling $113K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is Munich Area Development Corp's EIN?
Munich Area Development Corp's EIN (Employer Identification Number) is 36-3364172. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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