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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Friends Development Fund Inc.

Friends Development Fund Inc.

Fiscal year ending 2024. Filed on May 15, 2025.

411 College Ave West
Oskaloosa, Iowa 52577

Friends Development Fund Inc. (EIN: 42-1122634) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Friends Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$121,828

Expenses

$75,585

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lloyd Stangland
President (Presider)
$0
John Good
Treasurer
$0
Isaac Good
Secretary (Recorder)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Manuel Garcia
Trustee
$30,000
$0 $30,000 No other comp
Mike Martin
Trustee
No compensation reported
Hunter Fitch
Trustee
No compensation reported
Nancy Parsons
Trustee
No compensation reported
Dennis Reece
Trustee
No compensation reported

Mission Statement

Invest permanent funds for the purpose of distributing earnings to various Friends exempt entities.

Revisions to this organization profile

May 15, 2025:
2024 Friends Development Fund Inc. 990 filed
May 15, 2024:
2023 Friends Development Fund Inc. 990 filed
May 13, 2023:
2022 Friends Development Fund Inc. 990 filed

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