Civic Intelligence

Southern Hills Economic Development

990EZ • Fiscal year 2015 • EIN 45-4618382

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

Organization Profileshedhs-sd.org
PO Box 154Hot Springs, SD 57747-0154

(605) 745-3551

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.02x

Higher debt load relative to assets than 59% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

2nd percentile

-165%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

77th percentile

$27,179

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 101.7% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets59th percentile

Assets

$48,990

No earlier filing loaded for comparison.

Net Assets

$47,938

No earlier filing loaded for comparison.

Liabilities

$1,052

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin2nd percentile

Revenue

$26,715

No earlier filing loaded for comparison.

Expenses

$70,783

No earlier filing loaded for comparison.

Net Income

-$44,068

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2015: $48,990Liabilities 2015: $1,052Net Assets 2015: $47,9382015Assets 2016: $21,627Liabilities 2016: $1,486Net Assets 2016: $20,1412016Assets 2018: $8,188Liabilities 2018: $1,244Net Assets 2018: $6,9442018Assets 2019: $5,025Liabilities 2019: $1,277Net Assets 2019: $3,7482019Assets 2020: $16,759Liabilities 2020: $822Net Assets 2020: $15,9372020Assets 2021: $27,210Liabilities 2021: $802Net Assets 2021: $26,4082021Assets 2022: $38,916Liabilities 2022: $802Net Assets 2022: $38,1142022

Highlighted filing

2015

Assets$48,990
Liabilities$1,052
Net Assets$47,938
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $26,715Expenses 2015: $70,783Net Income 2015: -$44,0682015Revenue 2016: $93,848Expenses 2016: $121,645Net Income 2016: -$27,7972016Revenue 2018: $59,943Expenses 2018: $67,741Net Income 2018: -$7,7982018Revenue 2019: $40,543Expenses 2019: $44,223Net Income 2019: -$3,6802019Revenue 2020: $48,679Expenses 2020: $36,490Net Income 2020: $12,1892020Revenue 2021: $51,964Expenses 2021: $41,493Net Income 2021: $10,4712021Revenue 2022: $57,640Expenses 2022: $45,934Net Income 2022: $11,7062022

Highlighted filing

2015

Revenue$26,715
Expenses$70,783
Net Income-$44,068
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$70,715
Mission and Program Overview

Mission

Promote sd southern hills economics

Stimulate Economic Development in Southern Black Hills

Program Services

DescriptionGrantsExpenses
The corporations purpose is to promote economic interest, development and improvement to the quality of life in the Southern Black Hills of South Dakota.-$70,783
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrea PowersExec Officer/Secr.FT$27,179-$27,179
Brian SpitzerPresident-$0--
James BultsmaVice-President-$0--
Heidi McBrideTreasurer-$0--
Kelly CapeDirector-$0--
Mark HollenbeckDirector-$0--
John PenceDirector-$0--
Kara HagenDirector-$0--
Barbara MillerDirector-$0--
Don OlstadDirector-$0--
Filing and Contact Details

Filer

Filer Name
Southern Hills Economic Development Corporation
EIN
45-4618382
Phone
6057453551
Address
PO Box 154, Hot Springs, SD 57747-0154

Signing Officer

Name
Brian Spitzer
Title
President
Signed
2016-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Stanley Nase CPA PC
Address
112 N Chicago Street, Hot Springs, SD 57747-1632
Preparer
Stanley Nase
Phone
6057455000
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 5,081”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 2,305”

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 105”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 1,917”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 2,638”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll Taxes 2,778”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues, Memberships Subscriptions 540”

Form 990-EZ, Part I, Line 16, Other Expenses

“Real Estate Taxes on 2 Lots 1,085”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 1,603”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising Promotion 520”

Form 990-EZ, Part I, Line 16, Other Expenses

“Miscellaneous 137”

Form 990-EZ, Part I, Line 16, Other Expenses

“Web-Site Designed 2,000”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Laptop Computer 591”

Form 990-EZ, Part I, Line 16, Other Expenses

“Rounding Dollars 1”

Form 990-EZ, Part II, Line 24, Other Assets

“2 Lots in Bolder Falls Subdivision for resale Beginning of year 44,000, End of year 0”

Form 990-EZ, Part II, Line 26, Liabilities

“Payroll Taxes Payable Beginning of year 0, End of year 515”

Form 990-EZ, Part II, Line 26, Liabilities

“Credit Card Payable Beginning of year 0, End of year 537”

Raw XML Appendix170 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/BenefitsPaidToOrForMembersAmt05538
IRS990EZ/BooksInCareOfDetail/PersonNm0Heidi McBride
IRS990EZ/BooksInCareOfDetail/PhoneNum06057456060
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0343 S Chicago Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hot Springs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0577470000
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt048006
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048990
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt027500
IRS990EZ/CostOrOtherBasisExpenseSaleAmt044000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-44068
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016255
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt092006
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048990
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-26000
IRS990EZ/GrossReceiptsAmt070715
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt011750
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt092006
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047938
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt092006
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047938
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0004.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt227179
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Brian Spitzer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1James Bultsma
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Andrea Powers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Heidi McBride
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kelly Cape
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Mark Hollenbeck
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6John Pence
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Kara Hagen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Barbara Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Don Olstad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Exec Officer/Secr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt044000
IRS990EZ/OtherExpensesTotalAmt021301
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Stimulate Economic Development in Southern Black Hills
IRS990EZ/PrintingPublicationsPostageAmt0510
IRS990EZ/ProgramServiceRevenueAmt013465
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The corporations purpose is to promote economic interest, development and improvement to the quality of life in the Southern Black Hills of South Dakota.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070783
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt027179
IRS990EZ/SaleOfAssetsGrossAmt018000
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01052
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070783
IRS990EZ/TotalProgramServiceExpensesAmt070783
IRS990EZ/TotalRevenueAmt026715
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0shedhs-sd.org
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 5,081
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 2,305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 1,917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone 2,638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Payroll Taxes 2,778
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues, Memberships Subscriptions 540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Real Estate Taxes on 2 Lots 1,085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Insurance 1,603
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Advertising Promotion 520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Miscellaneous 137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Web-Site Designed 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Office Laptop Computer 591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Rounding Dollars 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt142 Lots in Bolder Falls Subdivision for resale Beginning of year 44,000, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payroll Taxes Payable Beginning of year 0, End of year 515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Credit Card Payable Beginning of year 0, End of year 537
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Spitzer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Southern Hills Economic Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0454618382
ReturnHeader/Filer/PhoneNum06057453551
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 154
ReturnHeader/Filer/USAddress/CityNm0Hot Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd0577470154
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stanley Nase CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0112 N Chicago Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hot Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0577471632
ReturnHeader/PreparerPersonGrp/PhoneNum06057455000
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stanley Nase
ReturnHeader/ReturnTs02016-05-11T10:01:08-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,990
Liabilities
$1,052
Net assets
$47,938
Revenue
$26,715
Expenses
$70,783
Net income
-$44,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.58$0.46$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.01$0.26$0.52$0.41$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.16$0.49$0.36$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.01$0.04$0.41$0.44$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.60$0.68$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.20$0.94$1.22$0.28
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.27$0.71$0.44
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • <$500k nonprofits