Civic Intelligence

Timber Lake & Area Development Inc

EIN 36-3813692 • 501(c)3 • Timber Lake, SD

Profile

Promote economic development in rural area.

PO Box 194Timber Lake, SD 57656

n/A

Siviq Scores

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

Liabilities / Assets

77th percentile

0.24x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.56x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

50th percentile

3.3%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

17%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$909,542

Up $257,291 (+39%) from 2023

Liabilities

Up

$559,000

Up $307,310 (+122%) from 2023

Net Assets

Down

$350,542

Down $50,019 (-12%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin65th percentile

Revenue

Down

$248,532

Down $61,286 (-20%) from 2023

Expenses

Down

$298,551

Down $110,183 (-27%) from 2023

Net Income

Up

-$50,019

Up $48,897 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$1.0M$500K$0Assets 2010: $273,903Liabilities 2010: $121,918Net Assets 2010: $151,9852010Assets 2011: $282,430Liabilities 2011: $120,305Net Assets 2011: $162,1252011Assets 2012: $357,988Liabilities 2012: $118,599Net Assets 2012: $239,3892012Assets 2013: $514,571Liabilities 2013: $162,805Net Assets 2013: $351,7662013Assets 2014: $523,321Liabilities 2014: $156,086Net Assets 2014: $367,2352014Assets 2015: $544,219Liabilities 2015: $154,384Net Assets 2015: $389,8352015Assets 2016: $536,412Liabilities 2016: $145,174Net Assets 2016: $391,2382016Assets 2017: $597,312Liabilities 2017: $138,146Net Assets 2017: $459,1662017Assets 2018: $592,931Liabilities 2018: $153,532Net Assets 2018: $439,3992018Assets 2019: $612,648Liabilities 2019: $144,038Net Assets 2019: $468,6102019Assets 2020: $638,436Liabilities 2020: $137,980Net Assets 2020: $500,4562020Assets 2021: $616,290Liabilities 2021: $136,709Net Assets 2021: $479,5812021Assets 2022: $721,555Liabilities 2022: $222,078Net Assets 2022: $499,4772022Assets 2023: $652,251Liabilities 2023: $251,690Net Assets 2023: $400,5612023Assets 2024: $909,542Liabilities 2024: $559,000Net Assets 2024: $350,5422024

Highlighted filing

2024

Assets$909,542
Liabilities$559,000
Net Assets$350,542
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $110,937Expenses 2010: $109,027Net Income 2010: $1,9102010Revenue 2011: $129,761Expenses 2011: $119,621Net Income 2011: $10,1402011Revenue 2012: $193,680Expenses 2012: $126,186Net Income 2012: $67,4942012Revenue 2013: $293,983Expenses 2013: $181,606Net Income 2013: $112,3772013Revenue 2014: $192,475Expenses 2014: $177,006Net Income 2014: $15,4692014Revenue 2015: $202,034Expenses 2015: $167,426Net Income 2015: $34,6082015Revenue 2016: $208,911Expenses 2016: $207,508Net Income 2016: $1,4032016Revenue 2017: $261,823Expenses 2017: $193,895Net Income 2017: $67,9282017Revenue 2018: $221,165Expenses 2018: $240,932Net Income 2018: -$19,7672018Revenue 2019: $259,453Expenses 2019: $225,762Net Income 2019: $33,6912019Revenue 2020: $286,494Expenses 2020: $254,648Net Income 2020: $31,8462020Revenue 2021: $242,800Expenses 2021: $263,675Net Income 2021: -$20,8752021Revenue 2022: $282,752Expenses 2022: $260,856Net Income 2022: $21,8962022Revenue 2023: $309,818Expenses 2023: $408,734Net Income 2023: -$98,9162023Revenue 2024: $248,532Expenses 2024: $298,551Net Income 2024: -$50,0192024

Highlighted filing

2024

Revenue$248,532
Expenses$298,551
Net Income-$50,019
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$909,542
Liabilities
$559,000
Net assets
$350,542
Revenue
$248,532
Expenses
$298,551
Net income
-$50,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.10$5.59$3.51$2.49$2.99$0.50
2023Detailed filing. Detailed filing data is available for this year.$6.52$2.52$4.01$3.10$4.09$0.99
2022Detailed filing. Detailed filing data is available for this year.$7.22$2.22$4.99$2.83$2.61$0.22
2021Detailed filing. Detailed filing data is available for this year.$6.16$1.37$4.80$2.43$2.64$0.21
2020Detailed filing. Detailed filing data is available for this year.$6.38$1.38$5.00$2.86$2.55$0.32
2019Detailed filing. Detailed filing data is available for this year.$6.13$1.44$4.69$2.59$2.26$0.34
2018Detailed filing. Detailed filing data is available for this year.$5.93$1.54$4.39$2.21$2.41$0.20
2017Detailed filing. Detailed filing data is available for this year.$5.97$1.38$4.59$2.62$1.94$0.68
2016Detailed filing. Detailed filing data is available for this year.$5.36$1.45$3.91$2.09$2.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$5.44$1.54$3.90$2.02$1.67$0.35
2014Detailed filing. Detailed filing data is available for this year.$5.23$1.56$3.67$1.92$1.77$0.15
2013Detailed filing. Detailed filing data is available for this year.$5.15$1.63$3.52$2.94$1.82$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$1.19$2.39$1.94$1.26$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$1.20$1.62$1.30$1.20$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$1.22$1.52$1.11$1.09$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$248,532
Mission and Program Overview

Mission

Promote economic development in rural area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$395,633$730,431▲ $334,798
Cash and Non-Interest-Bearing Accounts$256,618$179,111▼ $77,507
Total Assets$652,251$909,542▲ $257,291
Liabilities
Unsecured Notes Loans Payable$144,102$450,680▲ $306,578
Deferred Revenue$90,804$90,804→ $0
Other Liabilities$16,784$17,516▲ $732
Total Liabilities$251,690$559,000▲ $307,310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$400,561$350,542▼ $50,019
Total Net Assets Fund Balance$400,561$350,542▼ $50,019
Total Liabilities and Net Assets / Fund Balance$652,251$909,542▲ $257,291

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$674,587$179,532$854,119
Land$21,119-$21,119
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Rusty GebhardtPresident
Barbara GrossDirector
Jace BoothDirector
Steve AberleDirector
Kristen GillSecretary
Corrine HuberTreasurer
Joe SchererVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$24,695
Program Service Revenue
$219,628
Investment Income
$1,197
Other Revenue
$3,012
All Other Contributions
$11,622
Change in Net Assets
$-50,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,544
Salaries, Compensation, and Employee Benefits$125,963
Grants and Similar Amounts Paid$37,044
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,354--$116,354
Grants to Domestic Orgs$37,044--$37,044
Occupancy$32,201--$32,201
Depreciation Depletion$25,017--$25,017
Insurance$17,211--$17,211
Information Technology$10,529--$10,529
Payroll Taxes$9,609--$9,609
Fees for Services Management$9,045--$9,045
Fees for Services Other$6,383--$6,383
Fees for Services Accounting$6,179--$6,179
Other Expenses$4,494--$4,494
Interest$3,365--$3,365
Advertising$1,472--$1,472
Office Expenses$536--$536
Fees for Services Legal$393--$393
Travel$163--$163
Total Functional Expenses$298,551$0$0$298,551
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$15,616
Payroll Liabilities$1,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Timber Lake & Area Development Inc
EIN
36-3813692
Phone
6058483099
Address
PO BOX 194, TIMBER LAKE, SD 57656

Signing Officer

Name
Corrine Huber
Title
Treasurer
Phone
6058483099
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corrine Huber
Formed
1989
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
18

Preparer

Firm
Kohlman Bierschbach & Anderson Llp
Address
210 EAST GRAND CROSSING, MOBRIDGE, SD 57601-0460
Preparer
Christine Olsen
Phone
6058453658
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Purchased new heating system for apartment buildings. Also installed new lighting in the hallway and exterior of the apartments and installed new soffit on 1 apartment building. New shower was also installed in 1 apartment.”

Raw XML Appendix373 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN RURAL AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt01472
IRS990/AdvertisingGrp/TotalAmt01472
IRS990/AllOtherContributionsAmt011622
IRS990/BooksInCareOfDetail/PersonNm0CORRINE HUBER
IRS990/BooksInCareOfDetail/PhoneNum06058483099
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 162
IRS990/BooksInCareOfDetail/USAddress/CityNm0TIMBER LAKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057656
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0256618
IRS990/CashNonInterestBearingGrp/EOYAmt0179111
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt024695
IRS990/CYGrantsAndSimilarPaidAmt037044
IRS990/CYInvestmentIncomeAmt01197
IRS990/CYOtherExpensesAmt0135544
IRS990/CYOtherRevenueAmt03012
IRS990/CYProgramServiceRevenueAmt0219628
IRS990/CYRevenuesLessExpensesAmt0-50019
IRS990/CYSalariesCompEmpBnftPaidAmt0125963
IRS990/CYTotalExpensesAmt0298551
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0248532
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt090804
IRS990/DeferredRevenueGrp/EOYAmt090804
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt025017
IRS990/DepreciationDepletionGrp/TotalAmt025017
IRS990/Desc0OPENED A COMMUNITY DAYCARE FACILITY. THIS FACILITY IS OPEN TO ALL PERSONS AND PROVIDES MUCH NEEDED DAYCARE SERVICES IN THE AREA - CAPCITY 16 CHILDREN.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0163856
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06179
IRS990/FeesForServicesAccountingGrp/TotalAmt06179
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0393
IRS990/FeesForServicesLegalGrp/TotalAmt0393
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt09045
IRS990/FeesForServicesManagementGrp/TotalAmt09045
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06383
IRS990/FeesForServicesOtherGrp/TotalAmt06383
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE ABERLE
IRS990/Form990PartVIISectionAGrp/PersonNm1JACE BOOTH
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA GROSS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOE SCHERER
IRS990/Form990PartVIISectionAGrp/PersonNm4RUSTY GEBHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTEN GILL
IRS990/Form990PartVIISectionAGrp/PersonNm6CORRINE HUBER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt013073
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt037044
IRS990/GrantsToDomesticOrgsGrp/TotalAmt037044
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0248532
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt010529
IRS990/InformationTechnologyGrp/TotalAmt010529
IRS990/InsuranceGrp/ProgramServicesAmt017211
IRS990/InsuranceGrp/TotalAmt017211
IRS990/InterestGrp/ProgramServicesAmt03365
IRS990/InterestGrp/TotalAmt03365
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01197
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01197
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0265757
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0395633
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0730431
IRS990/LandBldgEquipCostOrOtherBssAmt0996188
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN RURAL AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0400561
IRS990/NetAssetsOrFundBalancesEOYAmt0350542
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0400561
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0350542
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt032201
IRS990/OccupancyGrp/TotalAmt032201
IRS990/OfficeExpensesGrp/ProgramServicesAmt0536
IRS990/OfficeExpensesGrp/TotalAmt0536
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MEALS PROVIDED
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt010056
IRS990/OtherExpensesGrp/ProgramServicesAmt18500
IRS990/OtherExpensesGrp/ProgramServicesAmt24494
IRS990/OtherExpensesGrp/TotalAmt010056
IRS990/OtherExpensesGrp/TotalAmt18500
IRS990/OtherExpensesGrp/TotalAmt24494
IRS990/OtherLiabilitiesGrp/BOYAmt016784
IRS990/OtherLiabilitiesGrp/EOYAmt017516
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/Desc1APPILICATION FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02662
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1350
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02662
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1350
IRS990/OtherRevenueTotalAmt03012
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0116354
IRS990/OtherSalariesAndWagesGrp/TotalAmt0116354
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt09609
IRS990/PayrollTaxesGrp/TotalAmt09609
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CORRINE HUBER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND CONTRACTS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CONTRACTS WITH GOV A
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0192058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0192058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127570
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE COMMUNITY LEADERSHIP THAT WILL ENCOURAGE AND WORK FOR ECONOMIC GROWTH IN BUSINESS, INDUSTRY AND TOURISM, THEREBY, ENHANCING THE QUALITY OF LIFE IN THE AREA WE SERVE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060299
IRS990/ProgSrvcAccomActy2Grp/GrantAmt037044
IRS990/ProgSrvcAccomActy3Grp/Desc0PURCHASED AND RENOVATED APARTMENT BUILDINGS FOR MULTI-FAMILY HOUSING WITHIN THE COMMUNITY. THERE ARE EIGHTEEN UNITS IN THE BUILDINGS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt074396
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt084367
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PURCHASED NEW HEATING SYSTEM FOR APARTMENT BUILDINGS. ALSO INSTALLED NEW LIGHTING IN THE HALLWAY AND EXTERIOR OF THE APARTMENTS AND INSTALLED NEW SOFFIT ON 1 APARTMENT BUILDING. NEW SHOWER WAS ALSO INSTALLED IN 1 APARTMENT.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt041984
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01800
IRS990/PYInvestmentIncomeAmt02238
IRS990/PYOtherExpensesAmt0261689
IRS990/PYOtherRevenueAmt048956
IRS990/PYProgramServiceRevenueAmt0216640
IRS990/PYRevenuesLessExpensesAmt0-98916
IRS990/PYSalariesCompEmpBnftPaidAmt0145245
IRS990/PYTotalExpensesAmt0408734
IRS990/PYTotalRevenueAmt0309818
IRS990/ReconcilationRevenueExpnssAmt0-50019
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0135261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt041984
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt076068
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt089640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0264326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01197
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02238
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0872
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0222973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0265597
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0206684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0210861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0196854
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01102969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01197
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02238
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0872
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04389
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99680
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt01367295
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0307581
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0282752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0242800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0286494
IRS990ScheduleA/Total509Grp/TotalAmt01367295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0248865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0309819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0283624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0242848
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0286528
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01371684
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0674587
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0179532
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0854119
IRS990ScheduleD/LandGrp/BookValueAmt021119
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015616
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0695706
IRS990ScheduleD/TotalLiabilityAmt017516
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PURCHASED NEW HEATING SYSTEM FOR APARTMENT BUILDINGS. ALSO INSTALLED NEW LIGHTING IN THE HALLWAY AND EXTERIOR OF THE APARTMENTS AND INSTALLED NEW SOFFIT ON 1 APARTMENT BUILDING. NEW SHOWER WAS ALSO INSTALLED IN 1 APARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0652251
IRS990/TotalAssetsEOYAmt0909542
IRS990/TotalAssetsGrp/BOYAmt0652251
IRS990/TotalAssetsGrp/EOYAmt0909542
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024695
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0298551
IRS990/TotalFunctionalExpensesGrp/TotalAmt0298551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0251690
IRS990/TotalLiabilitiesEOYAmt0559000
IRS990/TotalLiabilitiesGrp/BOYAmt0251690
IRS990/TotalLiabilitiesGrp/EOYAmt0559000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0400561
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0350542
IRS990/TotalProgramServiceExpensesAmt0298551
IRS990/TotalProgramServiceRevenueAmt0219628
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223837
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0248532
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0652251
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0909542
IRS990/TravelGrp/ProgramServicesAmt0163
IRS990/TravelGrp/TotalAmt0163
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0144102
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0450680
IRS990/USAddress/AddressLine1Txt0PO BOX 162
IRS990/USAddress/CityNm0TIMBER LAKE
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057656
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CORRINE HUBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06058483099
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIMBER LAKE & AREA DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0TIMB
ReturnHeader/Filer/EIN0363813692
ReturnHeader/Filer/PhoneNum06058483099
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 194
ReturnHeader/Filer/USAddress/CityNm0TIMBER LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057656
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460283230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOHLMAN BIERSCHBACH & ANDERSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 EAST GRAND CROSSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0576010460
ReturnHeader/PreparerPersonGrp/PhoneNum06058453658
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE OLSEN
ReturnHeader/ReturnTs02025-05-14T21:22:11-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.