Civic Intelligence

Economic Development Corporation

EIN 43-2016069 • 501(c)4 • Elk Point, SD

Profile

The Elk Point Economic Development Corporation's primary exempt purpose is the promotion and development of the Elk Point economy.

106 W Pleasant St PO Box 280Elk Point, SD 57025

106 w. pleasant st.

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

99th percentile

599%

Faster revenue growth than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$379,404

Up $15,857 (+4.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$379,404

Up $15,857 (+4.4%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

$15,857

Down $36,071 (-69%) from 2023

Expenses

Down

$0

Down $53,585 (-100%) from 2023

Net Income

Up

$15,857

Up $17,514 (+1057%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$400K$300K$200K$100K$0Assets 2018: $354,058Liabilities 2018: $02018Assets 2019: $335,594Liabilities 2019: $02019Assets 2020: $341,944Liabilities 2020: $02020Assets 2021: $367,155Liabilities 2021: $0Net Assets 2021: $367,1552021Assets 2022: $365,204Liabilities 2022: $0Net Assets 2022: $365,2042022Assets 2023: $363,547Liabilities 2023: $0Net Assets 2023: $363,5472023Assets 2024: $379,404Liabilities 2024: $0Net Assets 2024: $379,4042024

Highlighted filing

2024

Assets$379,404
Liabilities$0
Net Assets$379,404
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2018: $60,900Expenses 2018: $4,228Net Income 2018: $56,6722018Revenue 2019: $10,250Expenses 2019: $28,714Net Income 2019: -$18,4642019Revenue 2020: $10,000Expenses 2020: $3,649Net Income 2020: $6,3512020Revenue 2021: $10,000Expenses 2021: $10,790Net Income 2021: -$7902021Revenue 2022: $0Expenses 2022: $1,951Net Income 2022: -$1,9512022Revenue 2023: $51,928Expenses 2023: $53,585Net Income 2023: -$1,6572023Revenue 2024: $15,857Expenses 2024: $0Net Income 2024: $15,8572024

Highlighted filing

2024

Revenue$15,857
Expenses$0
Net Income$15,857
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$379,404
Liabilities
$0
Net assets
$379,404
Revenue
$15,857
Expenses
$0
Net income
$15,857
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.16$0.00$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$0.52$0.54$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.67$0.10$0.11$0.01
2020Summary only. Only limited summary data is available for this year.$3.42$0.00$0.10$0.04$0.06
2019Summary only. Only limited summary data is available for this year.$3.36$0.00$0.10$0.29$0.18
2018Summary only. Only limited summary data is available for this year.$3.54$0.00$0.61$0.04$0.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.1
Gross Receipts
$27,423
Mission and Program Overview

Mission

The Elk Point Economic Development Corporation's primary exempt purpose is the promotion and development of the Elk Point economy.

The Elk Point Economic Development Corporations primary exempt purpose is the promotion and development of the Elk Point economy.

Program Services

DescriptionGrantsExpenses
Currently the Elk Point Economic Development Corp. is filling our business park. In 2019 we completed the construction of our business park we have one tenant and are hoping to have a second by the end of the year.$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek TuttleDirectorPT$0--
Troy DonnellyPresident-$0--
Brian ChicoineTreasurer-$0--
Deb McCrearySecretary-$0--
Corey ChicoineVice President-$0--
Filing and Contact Details

Filer

Filer Name
Economic Development Corporation
EIN
43-2016069
In Care Of
% Troy Donnelly
Address
106 W PLEASANT ST PO BOX 280, Elk Point, SD 57025

Signing Officer

Name
Derek Tuttle
Title
Director
Signed
2025-04-14
Supplemental Narrative

Additional Explanations

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Raw XML Appendix125 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Derek Tuttle
IRS990EZ/BooksInCareOfDetail/PhoneNum06053562141
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 W Pleasant St
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO Box 280
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Elk Point
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0107091
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0122564
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt011566
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015857
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0363547
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0379404
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt015857
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt027423
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0256456
IRS990EZ/LandAndBuildingsGrp/EOYAmt0256840
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0363547
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0379404
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0363547
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0379404
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Derek Tuttle
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Troy Donnelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Chicoine
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Deb McCreary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Corey Chicoine
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Elk Point Economic Development Corporations primary exempt purpose is the promotion and development of the Elk Point economy.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Currently the Elk Point Economic Development Corp. is filling our business park. In 2019 we completed the construction of our business park we have one tenant and are hoping to have a second by the end of the year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt027423
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalRevenueAmt015857
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0106 W. Pleasant St.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Derek Tuttle
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ECON
ReturnHeader/Filer/EIN0432016069
ReturnHeader/Filer/ForeignPhoneNum06053562141
ReturnHeader/Filer/InCareOfNm0% Troy Donnelly
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 W PLEASANT ST PO BOX 280
ReturnHeader/Filer/USAddress/CityNm0Elk Point
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057025
ReturnHeader/ReturnTs02025-04-11T10:27:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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