Mahalo
Eagan, MN

COOPERATIVE DEVELOPMENT FUND OF CDS

EIN 39-1540529
Community & Economic Development Small Business & Entrepreneurship
Mission

To help start and grow cooperatively owned enterprises.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

About COOPERATIVE DEVELOPMENT FUND OF CDS

Cooperative Development Fund of CDS (EIN 39-1540529) is the 501(c)(3) charitable subsidiary of Cooperative Development Services (CDS), headquartered in Eagan, Minnesota. The Fund serves as a fiscal sponsor and grant-making vehicle that channels philanthropic and public support to cooperative startups, co-op conversions, and community-based economic development projects. In fiscal year 2024 the Fund maintained a portfolio of active fiscal sponsorship agreements, distributed roughly $1.5 million in grants to support cooperative ventures, and began administering a $750,000 congressional appropriation (via a HUD grant) to support construction of a food co-op in Illinois. The Fund publishes public Form 990 filings and is included in CDS’s audited financial statements, enabling donor-facing activity and transparent stewardship of contributed funds. As the charitable arm of CDS, the Fund complements CDS’s technical assistance, education, and capitalization services and helps cooperatives access philanthropic resources and formal fiscal sponsorship arrangements regionally and nationally.

Notable achievements

Managed $750,000 HUD appropriation (FY24)

In FY24 the Fund received and began administering a $750,000 congressional appropriation—disbursed via the U.S. Department of Housing and Urban Development—to support construction of a community food co-op in Illinois.

Active fiscal sponsorship portfolio (FY24)

The Fund reported 16 active fiscal sponsorship agreements in FY24 and distributed approximately $1.5 million in grants and charitable contributions to support startup co-ops and cooperative projects.

Sustained cooperative development impact

As the 501(c)(3) subsidiary of Cooperative Development Services, the Fund contributes to CDS’s multi-decade work supporting cooperative enterprise development; CDS has participated in the development, restructuring, or expansion of hundreds of cooperatives since 1985.

At a glance

Total assets
$356K
Annual revenue
$789K
Tax status
501(c)(3)Public charity
EIN
39-1540529
Location
Eagan, MN
Website
www.cdsus.coop
On Mahalo since
May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

IRS-recognized 501(c)(3) public charity (tax-exempt status established in 1986) and files public Form 990 disclosures.
Maintains audited financial statements and public disclosure copies of Form 990 on the CDS website, demonstrating regular financial oversight and transparency.
Active partner in cooperative development networks and initiatives (CDS is a recognized member/partner of regional cooperative support networks such as CooperationWorks!).

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