Cooperative Development Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391533679 ✦ Eagan, MN ✦ Designated as a 501(c)(6)

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Overview

What is Cooperative Development Services Inc?

Cooperative Development Services Inc, situated in Eagan, Minnesota, is a nonprofit organization dedicated to fostering the establishment and growth of cooperatively owned enterprises. In the fiscal year 2022, they provided educational programs to over 100 cooperative businesses across various sectors, including a new initiative for senior cooperative housing. The organization aided twelve unique startup cooperatives, supporting the incorporation of two new cooperative enterprises. Additionally, they provided technical assistance to eight local food enterprises that are not cooperatively owned. The organization also offers grant writing services, securing $325,000 in state grant funding for their clients.


Official website here: www.cdsus.coop

Is Cooperative Development Services Inc legitimate?

Cooperative Development Services Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cooperative Development Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $126,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $119,218

For more financial information, click here


Official website here: www.cdsus.coop

What is the mission statement of Cooperative Development Services Inc?

Cooperative Development Services Inc's mission is centered around assisting in the establishment and growth of cooperatively owned enterprises. They conduct educational programs for cooperative businesses, providing guidance and technical assistance to potential startups and existing cooperatives. In the fiscal year 2022, they expanded their educational program for senior cooperative housing sectors, helping over 60 cooperatives from various states. The organization also aided eight non-cooperatively owned local food enterprises through technical assistance and secured $325,000 in state grant funding for their clients through grant writing services. In essence, Cooperative Development Services Inc is committed to fostering cooperative business growth and development.


Official website here: www.cdsus.coop

Who is the CEO of Cooperative Development Services Inc?

Alison Deelstra is the Executive Director of Cooperative Development Services Inc.


Official website here: www.cdsus.coop

What is the revenue of Cooperative Development Services Inc?

Cooperative Development Services Inc's revenue in 2022 was $426,368.


Official website here: www.cdsus.coop

Who are the executives of Cooperative Development Services Inc and what are their salaries?

The average compensation at Cooperative Development Services Inc during 2022 was $30,776. There are 8 employees and 11 volunteers at Cooperative Development Services Inc.


Here are 12 key members and their salaries:


Kevin Edberg (Executive Director)
  • Compensation: $98,743
  • Related: $0
  • Other: $20,078
Alison Deelstra (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collie Graddick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Mccubbin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Fedorchak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sadie Frericks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Sloan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Fields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Swanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Minnihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kievits (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cdsus.coop

Where can I find the form 990 for Cooperative Development Services Inc?

Cooperative Development Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cdsus.coop

Learn more at the official website: www.cdsus.coop

Mission Statement of Cooperative Development Services Inc

Cooperative Development Services Inc, as a nonprofit organization, is dedicated to assisting in the establishment and growth of cooperatively owned enterprises. Their mission is centered around providing educational programs and technical assistance to the boards, management, and staff of over 100 cooperative businesses across various sectors. In the senior cooperative housing sector, they introduced an expansion of a new education program, serving over 60 cooperatives from multiple states. Furthermore, Cooperative Development Services Inc offers guidance and support to unique startup cooperative enterprises, aiding in the incorporation of two new cooperatives. Additionally, they extend their assistance to non-cooperatively owned local foods enterprises, offering technical aid to eight such businesses. Their grant writing services have also resulted in the award of $325,000 in state grant funding to their clients.

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Impact




October, 2024

Cooperative Development Services Inc plays a vital role in fostering and expanding cooperatively owned enterprises. In FY22, the organization delivered educational programs to boards, management, and staff of over 100 cooperative businesses across various sectors. This initiative not only enhanced operational knowledge but also promoted a cooperative business model that benefits local communities.

The organization has expanded its educational offerings, notably launching a new program tailored for the senior co-op housing sector, serving over 60 cooperatives from multiple states. By providing guidance and technical assistance along the co-op development pathway, CDS has supported 12 unique startups and facilitated the incorporation of two new cooperative enterprises, promoting economic resilience and community engagement.

Additionally, CDS has extended its expertise to eight non-cooperatively owned local food enterprises, helping improve their operations through targeted technical assistance. The organization’s grant writing services have successfully secured $325,000 in state grant funding for its clients, enabling them to grow and thrive. Overall, Cooperative Development Services Inc significantly contributes to community improvement by nurturing cooperative business models that empower individuals and stimulate local economies.




This information is meant to be a general summary of Cooperative Development Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$426,368 (2022)
Expenses
$380,628 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $179
  • Program Service Revenue: $109,455
  • Gross Receipts: $426,368

Assets and Liabilities:

  • Total Assets: $167,898
  • Total Liabilities: $35,337
  • Net Assets: $132,561

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSULTING REVENUE

Revenue

$75,097

SENIOR HOUSING COOPERA

Revenue

$34,358

Organization Details

Founding Year

1985

Principal Officer

Alison Deelstra

Main Address

997 TICONDEROGA TRAIL, EAGAN, MN, 55123

NTEE Category

Code: S30 - Community improvement

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