Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
990 • Fiscal year 2024 • EIN 30-0017659
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 8.3% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Up$26,411,169
Up $3,946,959 (+18%) from 2021
Net Assets
Up$19,046,181
Up $4,217,217 (+28%) from 2021
Liabilities
Down$7,364,988
Down $270,258 (-3.5%) from 2021
Revenue
Down$3,576,818
Down $944,117 (-21%) from 2021
Expenses
Up$1,545,327
Up $807,960 (+110%) from 2021
Net Income
Down$2,031,491
Down $1,752,077 (-46%) from 2021
Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives.
Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $12,647,549 | $13,980,490 | ▲ $1,332,941 |
| Savings and Temporary Cash Investments | $4,641,177 | $6,278,950 | ▲ $1,637,773 |
| Inventories for Sale or Use | $7,375,173 | $6,043,133 | ▼ $1,332,040 |
| Accounts Receivable | $203,889 | $50,061 | ▼ $153,828 |
| Land, Buildings, and Equipment, Net | $69,456 | $36,037 | ▼ $33,419 |
| Prepaid Expenses and Deferred Charges | $10,726 | $22,498 | ▲ $11,772 |
| Cash and Non-Interest-Bearing Accounts | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Total Assets | $24,947,970 | $26,411,169 | ▲ $1,463,199 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Unsecured Notes Loans Payable | $3,741,963 | $3,454,266 | ▼ $287,697 |
| Mortgage Notes Payable Secured by Investment Property | $3,160,912 | $3,304,866 | ▲ $143,954 |
| Accounts Payable and Accrued Expenses | $158,818 | $350,130 | ▲ $191,312 |
| Other Liabilities | $871,588 | $255,726 | ▼ $615,862 |
| Total Liabilities | $7,933,281 | $7,364,988 | ▼ $568,293 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $13,349,491 | $14,404,293 | ▲ $1,054,802 |
| Net Assets Without Donor Restrictions | $3,665,198 | $4,641,888 | ▲ $976,690 |
| Total Net Assets Fund Balance | $17,014,689 | $19,046,181 | ▲ $2,031,492 |
| Total Liabilities and Net Assets / Fund Balance | $24,947,970 | $26,411,169 | ▲ $1,463,199 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $36,037 | $77,763 | $113,800 |
| Name | Title |
|---|---|
| Paul Tschetter | President |
| Lynne Keller Forbes | President & CEO |
| Rich Naser | Vice President |
| Autumn Kaufhold | Director |
| Dave Kroll | Director |
| Bryan Hakeman | Sec/Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| EC Concrete LLC | Concrete | 5100 West Manna Grass Street, Sioux Falls, SD 57107 | $323,650 |
| First Rate Excavate | Dirt Work/Excavation | 1509 E 39th St N, Sioux Falls, SD 57104 | $251,223 |
| Heartland Construction | Install Walls and Footing | 27335 Ridgeway Drive, Harrisburg, SD 57032 | $216,976 |
| Milbank House Movers | House Movers | 806 S Madison S, Milbank, SD 57252 | $198,759 |
| Siouxland K & K Construction Inc | Install Walls and Footing | 6810 S Lyncrest Ave Ste 202, Sioux Falls, SD 57108 | $190,702 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,545,327 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $1,178,825 | $88,729 | - | $1,267,554 |
| Interest | $118,538 | - | - | $118,538 |
| Insurance | - | $38,605 | - | $38,605 |
| Depreciation Depletion | - | $20,192 | - | $20,192 |
| Fees for Services Accounting | - | $14,125 | - | $14,125 |
| Travel | - | $8,399 | - | $8,399 |
| Other Expenses | $12,757 | $7,994 | - | $7,994 |
| Fees for Services Legal | - | $7,491 | - | $7,491 |
| All Other Expenses | - | $6,402 | - | $6,402 |
| Total Functional Expenses | $1,336,149 | $209,178 | $0 | $1,545,327 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,545,327 |
| Total Expenses per Audited Statements | $1,545,327 |
| Total Expenses per Form 990 | $1,545,327 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Refundable Advance | $226,441 |
| Deposits | $20,000 |
| Provision For Loan Loss - Unfunded Commi | $9,285 |
“The audited financial statements and the related tax returns are submitted to the board for review and approval.”
“Organization regularly and consistently monitors and enforces compliance.”
“Upon Request”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 158818 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 350130 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 203889 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 50061 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6402 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 6402 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | South Eastern Development Foun |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6056818172 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 500 N Western Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Sioux Falls |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57104 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 323650 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 251223 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 216976 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 198759 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 190702 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 5100 West Manna Grass Street |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1509 E 39th St N |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 27335 Ridgeway Drive |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 806 S Madison S |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 6810 S Lyncrest Ave Ste 202 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | Harrisburg |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | Milbank |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 57107 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 57104 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 57032 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 57252 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 57108 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | EC Concrete LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | First Rate Excavate |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | Heartland Construction |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | Milbank House Movers |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | Siouxland K & K Construction Inc |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Concrete |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Dirt Work/Excavation |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Install Walls and Footing |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | House Movers |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | Install Walls and Footing |
| IRS990/CostOfGoodsSoldAmt | 0 | 5353319 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1974460 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 195176 |
| IRS990/CYOtherExpensesAmt | 0 | 1545327 |
| IRS990/CYOtherRevenueAmt | 0 | 500236 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 906946 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2031491 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1545327 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3576818 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 20192 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 20192 |
| IRS990/Desc | 0 | Housing Financing and development provides affordable housing opportunities to low and moderate income families in the region |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 13349491 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 14404293 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 733324 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14125 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14125 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 7491 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7491 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 88729 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 1178825 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 1267554 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Lynne Keller Forbes |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Bryan Hakeman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Dave Kroll |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Paul Tschetter |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Autumn Kaufhold |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Rich Naser |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 298342 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Sec/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Vice President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 1974460 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 8930137 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 69000 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 5784555 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 38605 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 38605 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 118538 |
| IRS990/InterestGrp/TotalAmt | 0 | 118538 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 7375173 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 6043133 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 195176 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 195176 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 25 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 77763 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 69456 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 36037 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 113800 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3160912 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3304866 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 17014689 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 19046181 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 431236 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 431236 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 69000 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 69000 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3665198 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4641888 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Housing Development |
| IRS990/OtherExpensesGrp/Desc | 1 | Miscellaneous |
| IRS990/OtherExpensesGrp/Desc | 2 | Loan Loss Provision |
| IRS990/OtherExpensesGrp/Desc | 3 | Dues and Subscriptions |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 17241 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 7994 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 26029 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 12757 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 26029 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17241 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 12757 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 7994 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 871588 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 255726 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 12647549 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 13980490 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 10726 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 22498 |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 1 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531310 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Housing Development |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Interest on Notes Receiva |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Loan Origination Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Miscellaneous |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 64032 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 779014 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 55041 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 8859 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 64032 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 779014 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 55041 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 8859 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The revolving loan fund program is used for community and economic development |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 602825 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 842914 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1223507 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 200952 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1339293 |
| IRS990/PYOtherRevenueAmt | 0 | 389700 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 626989 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1101855 |
| IRS990/PYTotalExpensesAmt | 0 | 1339293 |
| IRS990/PYTotalRevenueAmt | 0 | 2441148 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2031491 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 69000 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 64032 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 4641177 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 6278950 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1974460 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1223507 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1049012 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3364068 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3327442 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 10938489 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 195176 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 200952 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36785 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22105 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32921 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 487939 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.95730 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.96320 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 10938489 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1974460 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1223507 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1049012 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3364068 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3327442 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 10938489 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 11426428 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 36037 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 77763 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 113800 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1545327 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 20000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 9285 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 226441 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Deposits |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Provision For Loan Loss - Unfunded Commi |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Refundable Advance |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3576818 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 36037 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1545327 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 255726 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3576818 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 3576818 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1545327 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 298342 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Lynne Keller Forbes |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | President & CEO |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.