Civic Intelligence

Bhw Residential Services III Inc DBA

EIN 36-3528934 • 501(c)3 • Rapid City, SD

Profile

Creating a community where everyone participates to achieve a life of full potential.

3650 Range RoadRapid City, SD 57702

www.blackhillsworks.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.16x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

60th percentile

9.8%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$323,918

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 119.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

55th percentile

5.1%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$661,970

Up $32,348 (+5.1%) from 2024

Liabilities

Up

$42,581

Up $5,788 (+16%) from 2024

Net Assets

Up

$619,389

Up $26,560 (+4.5%) from 2024

Revenue

Up

$271,566

Up $22,726 (+9.1%) from 2024

Expenses

Up

$245,006

Up $32,710 (+15%) from 2024

Net Income

Down

$26,560

Down $9,984 (-27%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $799,535Liabilities 2011: $549,028Net Assets 2011: $250,5072011Assets 2012: $804,723Liabilities 2012: $508,632Net Assets 2012: $296,0912012Assets 2013: $714,636Liabilities 2013: $441,565Net Assets 2013: $273,0712013Assets 2014: $594,552Liabilities 2014: $393,647Net Assets 2014: $200,9052014Assets 2015: $560,691Liabilities 2015: $321,410Net Assets 2015: $239,2812015Assets 2016: $548,077Liabilities 2016: $248,753Net Assets 2016: $299,3242016Assets 2017: $538,262Liabilities 2017: $169,350Net Assets 2017: $368,9122017Assets 2018: $542,703Liabilities 2018: $119,641Net Assets 2018: $423,0622018Assets 2019: $550,684Liabilities 2019: $57,635Net Assets 2019: $493,0492019Assets 2020: $597,233Liabilities 2020: $38,051Net Assets 2020: $559,1822020Assets 2021: $723,319Liabilities 2021: $85,049Net Assets 2021: $638,2702021Assets 2022: $609,206Liabilities 2022: $48,563Net Assets 2022: $560,6432022Assets 2023: $630,130Liabilities 2023: $73,845Net Assets 2023: $556,2852023Assets 2024: $629,622Liabilities 2024: $36,793Net Assets 2024: $592,8292024Assets 2025: $661,970Liabilities 2025: $42,581Net Assets 2025: $619,3892025

Highlighted filing

2025

Assets$661,970
Liabilities$42,581
Net Assets$619,389

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $172,1262011Expenses 2012: $173,7702012Expenses 2013: $169,6742013Revenue 2014: $107,330Expenses 2014: $179,496Net Income 2014: -$72,1662014Revenue 2015: $215,876Expenses 2015: $177,499Net Income 2015: $38,3772015Revenue 2016: $236,166Expenses 2016: $176,122Net Income 2016: $60,0442016Revenue 2017: $237,594Expenses 2017: $168,006Net Income 2017: $69,5882017Revenue 2018: $240,675Expenses 2018: $186,525Net Income 2018: $54,1502018Revenue 2019: $244,873Expenses 2019: $174,886Net Income 2019: $69,9872019Revenue 2020: $249,048Expenses 2020: $182,918Net Income 2020: $66,1302020Revenue 2021: $321,241Expenses 2021: $242,153Net Income 2021: $79,0882021Revenue 2022: $190,253Expenses 2022: $267,880Net Income 2022: -$77,6272022Revenue 2023: $263,424Expenses 2023: $267,782Net Income 2023: -$4,3582023Revenue 2024: $248,840Expenses 2024: $212,296Net Income 2024: $36,5442024Revenue 2025: $271,566Expenses 2025: $245,006Net Income 2025: $26,5602025

Highlighted filing

2025

Revenue$271,566
Expenses$245,006
Net Income$26,560

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.62$0.43$6.19$2.72$2.45$0.27
2024Detailed filing. Detailed filing data is available for this year.$6.30$0.37$5.93$2.49$2.12$0.37
2023Detailed filing. Detailed filing data is available for this year.$6.30$0.74$5.56$2.63$2.68$0.04
2022Detailed filing. Detailed filing data is available for this year.$6.09$0.49$5.61$1.90$2.68$0.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$0.85$6.38$3.21$2.42$0.79
2020Detailed filing. Detailed filing data is available for this year.$5.97$0.38$5.59$2.49$1.83$0.66
2019Detailed filing. Detailed filing data is available for this year.$5.51$0.58$4.93$2.45$1.75$0.70
2018Detailed filing. Detailed filing data is available for this year.$5.43$1.20$4.23$2.41$1.87$0.54
2017Detailed filing. Detailed filing data is available for this year.$5.38$1.69$3.69$2.38$1.68$0.70
2016Detailed filing. Detailed filing data is available for this year.$5.48$2.49$2.99$2.36$1.76$0.60
2015Detailed filing. Detailed filing data is available for this year.$5.61$3.21$2.39$2.16$1.77$0.38
2014Detailed filing. Detailed filing data is available for this year.$5.95$3.94$2.01$1.07$1.79$0.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$4.42$2.73$1.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.05$5.09$2.96$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.00$5.49$2.51$1.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$271,566
Mission and Program Overview

Mission

Provide low-income housing for individuals with mental and/or physical handicaps.

Creating a community where everyone participates to achieve a life of full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$540,195$501,711▼ $38,484
Savings and Temporary Cash Investments$56,628$127,204▲ $70,576
Cash and Non-Interest-Bearing Accounts$15,531$20,881▲ $5,350
Accounts Receivable$16,881$11,747▼ $5,134
Prepaid Expenses and Deferred Charges$387$427▲ $40
Total Assets$629,622$661,970▲ $32,348
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,700$21,700→ $0
Accounts Payable and Accrued Expenses$8,787$15,198▲ $6,411
Other Liabilities$6,306$5,683▼ $623
Total Liabilities$36,793$42,581▲ $5,788
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$592,829$619,389▲ $26,560
Total Net Assets Fund Balance$592,829$619,389▲ $26,560
Total Liabilities and Net Assets / Fund Balance$629,622$661,970▲ $32,348

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$353,160$1,075,138$1,428,298
Equipment$95,074$30,193$125,267
Land$47,900-$47,900
Leasehold Improvements$5,577$27,664$33,241
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dean AurandBoard President
Jess PekarskiBoard Vice President
Brad HauptBoard Member
Carrie CulhaneBoard Member
Cory HeadleyBoard Member
Eric ChristiansonBoard Member
Evan NestoreBoard Member
Haley Moline SommerBoard Member
Jack JensenBoard Member
Kari BullionBoard Member
Kelly StacyBoard Member
Paul RodriguezBoard Member
Jacqueline SlyBoard Secretary/treasurer
Bradley SaathoffCEO
Mary DuncanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$268,848
Investment Income
$2,718
Other Revenue
$0
Change in Net Assets
$26,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,006
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$69,896--$69,896
Depreciation Depletion$63,131--$63,131
Fees for Services Management-$17,808-$17,808
Fees for Services Accounting-$6,200-$6,200
Office Expenses-$2,685-$2,685
Fees for Services Other$1,989--$1,989
Other Expenses$20--$20
Total Functional Expenses$218,313$26,693$0$245,006
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$5,683
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an outside certified public accountant and is reviewed by management prior to filing. The form 990 is also reviewed at a board meeting before it is filed.

Form 990, Part VI, Section B, Line 12C

Conflict of interest disclosures are made annually. The organization requires each director, principal officer, and member of a committee with board-delegated powers to sign a statement that affirms that he/she (a) has received a copy of the conflict of interest policy, (b) has read and understands the policy, (c) agrees to comply with the policy, and (d) understands that the organization is a charitable organization that must engage primarily in activities that accomplish one or more of its tax-exempt purposes in order to maintain its federal exemption.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bhw Residential Services Iii Inc Dba
EIN
36-3528934
Phone
6053434550
Address
3650 RANGE ROAD, RAPID CITY, SD 57702

Signing Officer

Name
Bradley Saathoff
Title
CEO
Phone
6053434550
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradley Saathoff
Formed
1985
Legal Domicile
Sd
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST STE 101, RAPID CITY, SD 57701
Preparer
Deidre Budahl CPA
Phone
6053481930
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year. The board oversees the selection of an accounting firm and the audit services provided.

Financial Statement Notes

PART X, LINE 2:

No income tax provision has been included in the financial statements, as the organization has been determined to be exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization has been determined by the irs not to be a "private foundation" within the meaning of section 509(a) of the code. No federal income tax is paid unless net income is derived from activities that are unrelated to its exempt activities. During the year ended june 30, 2025, no such activities were conducted. As of june 30, 2025, the organization believes no significant uncertain tax positions or liabilities exist.

Raw XML AppendixShowing 400 of 581 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/FormationYr01985
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/GrossReceiptsAmt0271566
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREATING A COMMUNITY WHERE EVERYONE PARTICIPATES TO ACHIEVE A LIFE OF FULL POTENTIAL.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt069896
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02685
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0387
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0427
IRS990/PrincipalOfficerNm0BRADLEY SAATHOFF
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
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IRS990/ReportOtherLiabilitiesInd01
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0246413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0152582
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0129728
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0135181
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02718
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt040134
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt030193
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125267
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05577
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05683
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS, AS THE ORGANIZATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE IRS NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. NO FEDERAL INCOME TAX IS PAID UNLESS NET INCOME IS DERIVED FROM ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT ACTIVITIES. DURING THE YEAR ENDED JUNE 30, 2025, NO SUCH ACTIVITIES WERE CONDUCTED. AS OF JUNE 30, 2025, THE ORGANIZATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalLiabilityAmt05683
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00

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