Regent Development Corporation

Foundation · Grantmaker Regent, ND EIN: 45-0304611

Purposes of the entity include efforts in bringing in new businesses and individuals to the small community and other miscellaneous community projects.

Key facts about Regent Development Corporation

In short: Regent Development Corporation gave $34K across 4 grants in 2025 (avg $8K), mostly in North Dakota. Source: 2025 IRS Form 990.

EIN
45-0304611
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$33,999
Grants made (2025)
4
Average grant
$8,500
Median grant
$8,250
Total assets
$484,873
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

$485K

+3.3% YoY

Annual Giving

$34K

-53.3% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$8K

-41.6% YoY

How Regent Development Corporation gives

  • Giving grew 127% from 2022 to 2025. Method

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

About Regent Development Corporation

Based on IRS filings

Regent Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Regent, ND. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $485K in total assets. In 2025, it awarded 4 grants totaling $34K. Net investment income was $7K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 4 itemized 2025 grant dollars.

States

Cities

RegentMottLefor

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20190 grants20203 grants20212 grants20224 grants20235 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Regent Coop: $11KRegent Coop$11KRegent Ambulance: $9KRegent Ambulance$9KRegent Alumni: $8KRegent Alumni$8KRegent Fire Dept: $6KRegent Fire Dept$6K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
REGENT COOP Regent, NDREOPEN BAKERY$11,499
REGENT AMBULANCE Regent, NDREPLACE DOORS$9,000
REGENT ALUMNI Mott, NDREUNION EXPENSES$7,500
REGENT FIRE DEPT Regent, NDEQUIPMENT FOR COMMAND VEHICLE$6,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019202020212022202320242025
Metric202520242023
Total Assets$484,873$469,378$453,015
Revenue$102,153$114,859$85,801
Expenses$59,294$93,090$46,479
Qualifying Distributions———
Net Investment Income$6,753$7,359$1,975
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS March 25, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 16, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS June 9, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Regent Development Corporation is led by Heather Kouba, President since 2025 (on filings since 2020); 2 of 7 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Heather Kouba

    President

    Director → Vice President, 2023

    Vice President → President, 2025

    On filings since 2020

    $120 (2024) → $120 (2025)

  • Kelly Kouba

    Director

    Board Member → Director, 2020

    On filings since 2019

    No compensation reported

  • Anthony Anderson

    Director

    New on the 2025 filing

    No compensation reported

  • Jill Doe

    Director

    New on the 2025 filing

    No compensation reported

  • Brenda Wiseman

    Treasurer

    On filings since 2019

    $3K (2020) → $5K (2025)

  • Christina Geerts

    Secretary

    Director → President, 2024

    President → Secretary, 2025

    On filings since 2019

    No compensation reported

  • Kent Candrian

    Vice President

    New on the 2025 filing

    No compensation reported

Former officers (5)
  • Former: Katelin Kouba (2019–2023) — President
  • Former: Tristan Florey (2020–2023) — Director
  • Former: Rebecca McConkey (2023) — Secretary
  • Former: Kristy Honeyman (2020–2021) — Director
  • Former: Judy Kirschmann (2019) — President

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

Brenda Wiseman — Treasurer: $5KBrenda WisemanTreasurer$5KHeather Kouba — President: $120Heather KoubaPresident$120

Frequently asked questions about Regent Development Corporation

How much does Regent Development Corporation give each year?

Regent Development Corporation gave $34K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $73K across 5 grants.

What is Regent Development Corporation's typical grant size?

Regent Development Corporation's median grant in 2025 was $8,250, and its average grant was $8,500, across 4 grants on its 2025 IRS Form 990.

Where does Regent Development Corporation give grants?

Regent Development Corporation 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 Regent, ND (3 grants).

Does Regent Development Corporation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Regent Development Corporation's 2025 IRS Form 990 were described as general or operating support.

How large is Regent Development Corporation?

Regent Development Corporation reported $485K in total assets on its 2025 IRS Form 990. Its revenue that year was $102K.

What is Regent Development Corporation?

Regent Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Regent, ND. It holds $485K in total assets as of 2025.

What is Regent Development Corporation's EIN?

Regent Development Corporation's EIN (Employer Identification Number) is 45-0304611. 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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