Union Development Corporation
To aid the city of union in the recruitment of industrial development and to assist with economic development issues.
Union Development Corporation at a glance
- Total assets
- $767,179
- +1.0% vs 2025
- Revenue (2026)
- $9,986
- +149.7% vs 2025
- Net investment income (2026)
- $6,986
- Expenses (2026)
- $15,200
- -25.9% vs 2025
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated November 2026.
Who Union Development Corporation funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $15K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $767,179 | $9,986 | $15,200 | — | — | $6,986 |
| 2025 | $759,850 | $4,000 | $20,512 | — | — | — |
| 2024 | $759,809 | $2,001 | $19,580 | — | — | $1 |
| 2023 | $760,146 | $20,026 | $18,641 | — | — | $19,026 |
| 2022 | $841,257 | $72,792 | $75,573 | — | — | $71,008 |
| 2021 | $894,527 | — | $50,079 | $15,053 | 1 | — |
About Union Development Corporation
Based on IRS filings
Union Development Corporation is a public charity, based in Union, MO. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $767K in total assets. Net investment income was $7K.
Leadership & Key People
Officers and directors from IRS filings
Union Development Corporation is led by Robert Borgmann, President on every filing since 2021; none of the 13 officers listed in 2026 report compensation.
Officers on the 2026 filing
Robert Borgmann
President
On filings since 2021
3 hrs/week
No compensation reported
Alvera Heeger
Director
On filings since 2021
2 hrs/week
No compensation reported
Brandon Bardot
Director
On filings since 2021
2 hrs/week
No compensation reported
David Hagedorn
Director
On filings since 2021
2 hrs/week
No compensation reported
Ed Stowe
Director
On filings since 2021
2 hrs/week
No compensation reported
Ed Strubberg
Director
On filings since 2021
2 hrs/week
No compensation reported
James Strubberg
Director
On filings since 2021
2 hrs/week
No compensation reported
Joel Doepker
Director
On filings since 2021
2 hrs/week
No compensation reported
Ray Pracht
Director
On filings since 2021
2 hrs/week
No compensation reported
Greg Toelke
Director
On filings since 2023
2 hrs/week
No compensation reported
Dave Vanleer
Director
On filings since 2025
2 hrs/week
No compensation reported
Dave Bailey
Secretary
Secretary & Treasurer → Secretary, 2023
On filings since 2021
2 hrs/week
No compensation reported
Mike Elliott
Vice President
On filings since 2021
2 hrs/week
No compensation reported
Former officers (3)
- Former: Russell Rost (2023) — Director
- Former: Larry Shroth (2021–2022) — Director
- Former: Larry Smith (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2026. "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 Union Development Corporation
How large is Union Development Corporation?
Union Development Corporation reported $767K in total assets on its 2026 IRS Form 990. Its revenue that year was $10K.
Where does Union Development Corporation operate?
Union Development Corporation has awarded grants in Missouri.
What is Union Development Corporation's EIN?
Union Development Corporation's EIN (Employer Identification Number) is 43-1566819. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS December 15, 2021)
- Added Form 990 for fiscal year 2026 (received by the IRS September 3, 2026)
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Union Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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