Civic Intelligence

Sioux Falls Development Foundation Inc

990 • Fiscal year 2015 • EIN 46-0243934

Oct 01, 2014 to Sep 30, 2015 • Filed on Jun 16, 2016

200 North Phillips Ave No 101Sioux Falls, SD 57101

(605) 339-0103

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.36x

Higher debt load relative to assets than 53% of similar nonprofits.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.19x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2015

Net Margin

97th percentile

64%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

18th percentile

$247,581

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2015

Asset Growth

99th percentile

88%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

208%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$33,918,091

Up $15,868,992 (+88%) from 2014

Net Assets

Up

$21,568,764

Up $4,601,999 (+27%) from 2014

Liabilities

Up

$12,349,327

Up $11,266,993 (+1041%) from 2014

Revenue

Up

$3,870,730

Up $2,615,345 (+208%) from 2014

Expenses

Up

$1,401,015

Up $38,332 (+2.8%) from 2014

Net Income

Up

$2,469,715

Up $2,577,013 (+2402%) from 2014

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $17,005,423Liabilities 2010: $1,496,192Net Assets 2010: $15,509,2312010Assets 2011: $19,553,391Liabilities 2011: $922,722Net Assets 2011: $18,630,6692011Assets 2012: $20,071,515Liabilities 2012: $2,185,767Net Assets 2012: $17,885,7482012Assets 2013: $19,761,668Liabilities 2013: $1,962,630Net Assets 2013: $17,799,0382013Assets 2014: $18,049,099Liabilities 2014: $1,082,334Net Assets 2014: $16,966,7652014Assets 2015: $33,918,091Liabilities 2015: $12,349,327Net Assets 2015: $21,568,7642015Assets 2016: $37,584,960Liabilities 2016: $17,138,575Net Assets 2016: $20,446,3852016Assets 2017: $40,490,321Liabilities 2017: $16,650,618Net Assets 2017: $23,839,7032017Assets 2018: $42,823,826Liabilities 2018: $17,317,568Net Assets 2018: $25,506,2582018Assets 2019: $43,177,562Liabilities 2019: $16,878,702Net Assets 2019: $26,298,8602019Assets 2020: $47,396,022Liabilities 2020: $12,359,468Net Assets 2020: $35,036,5542020Assets 2021: $50,584,468Liabilities 2021: $6,550,591Net Assets 2021: $44,033,8772021Assets 2022: $66,202,631Liabilities 2022: $20,215,423Net Assets 2022: $45,987,2082022Assets 2023: $87,105,498Liabilities 2023: $26,765,255Net Assets 2023: $60,340,2432023Assets 2024: $99,337,297Liabilities 2024: $36,609,564Net Assets 2024: $62,727,7332024Assets 2025: $106,497,986Liabilities 2025: $37,221,029Net Assets 2025: $69,276,9572025

Highlighted filing

2015

Assets$33,918,091
Liabilities$12,349,327
Net Assets$21,568,764

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $1,339,8202010Expenses 2011: $1,262,7192011Revenue 2012: $1,066,353Expenses 2012: $1,286,196Net Income 2012: -$219,8432012Revenue 2013: $2,111,081Expenses 2013: $1,488,024Net Income 2013: $623,0572013Revenue 2014: $1,255,385Expenses 2014: $1,362,683Net Income 2014: -$107,2982014Revenue 2015: $3,870,730Expenses 2015: $1,401,015Net Income 2015: $2,469,7152015Revenue 2016: $1,611,966Expenses 2016: $2,043,102Net Income 2016: -$431,1362016Revenue 2017: $4,820,207Expenses 2017: $1,786,831Net Income 2017: $3,033,3762017Revenue 2018: $3,607,690Expenses 2018: $1,865,055Net Income 2018: $1,742,6352018Revenue 2019: $2,815,234Expenses 2019: $1,975,688Net Income 2019: $839,5462019Revenue 2020: $3,201,901Expenses 2020: $1,926,973Net Income 2020: $1,274,9282020Revenue 2021: $7,701,176Expenses 2021: $2,269,051Net Income 2021: $5,432,1252021Revenue 2022: $9,616,434Expenses 2022: $2,147,692Net Income 2022: $7,468,7422022Revenue 2023: $16,811,116Expenses 2023: $2,831,082Net Income 2023: $13,980,0342023Revenue 2024: $21,589,603Expenses 2024: $19,011,806Net Income 2024: $2,577,7972024Revenue 2025: $9,295,738Expenses 2025: $2,635,233Net Income 2025: $6,660,5052025

Highlighted filing

2015

Revenue$3,870,730
Expenses$1,401,015
Net Income$2,469,715
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jun 16, 2016
Return Version
2014v6.0
Gross Receipts
$3,870,730
Mission and Program Overview

Mission

To collaboratively create quality economic growth and workforce development in sioux falls.

Promoting the city of sioux falls, south dakota and surrounding communities by fostering business and employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$8,182,971$21,888,030▲ $13,705,059
Savings and Temporary Cash Investments$3,977,673$4,858,400▲ $880,727
Investments Program Related$4,673,075$3,689,250▼ $983,825
Accounts Receivable$186,783$281,384▲ $94,601
Land, Buildings, and Equipment, Net$83,703$75,171▼ $8,532
Prepaid Expenses and Deferred Charges$20,524$20,524→ $0
Total Assets$18,049,099$33,918,091▲ $15,868,992
Other Assets Total$924,370$3,105,332▲ $2,180,962
Liabilities
Mortgage Notes Payable Secured by Investment Property$81,236$11,352,346▲ $11,271,110
Other Liabilities$700,277$568,912▼ $131,365
Accounts Payable and Accrued Expenses$266,821$281,653▲ $14,832
Deferred Revenue$34,000$146,416▲ $112,416
Total Liabilities$1,082,334$12,349,327▲ $11,266,993
Net Assets / Fund Balance
Unrestricted Net Assets$13,852,643$16,123,494▲ $2,270,851
Temporarily Rstr Net Assets$3,114,122$5,445,270▲ $2,331,148
Total Net Assets Fund Balance$16,966,765$21,568,764▲ $4,601,999
Total Liabilities and Net Assets / Fund Balance$18,049,099$33,918,091▲ $15,868,992

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,171$28,922$68,093
Leasehold Improvements$36,000$3,407$39,407
Investment Program Related Org$691,223--
Other Assets Org$3,000,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Slater BarrPresidentFT$171,833$76,039$247,872
Richard Naser JrExecutive DirectorFT$124,408$33,965$158,373
Dean P DziedzicVice PresidentFT$123,379$22,593$145,972

Board Members and Trustees

NameTitle
Tom SimmonsChair
Mark MickelsonPast Chair
Scott LawrenceVice Chair
Ben KyteDirector
Burke BlackmanDirector
Carl RappDirector
Chris HouwmanDirector
Colleen StrattonDirector
Dale FroehlichDirector
Dr Pam HomanDirector
Fred SluneckaDirector
Jim WilcoxDirector
Mark SchmittDirector
Matt BurkhartDirector
Mike JamisonDirector
Paul HeggDirector
Rob EveristDirector
Ross OrtmanDirector
Steve StatzDirector
Dr Eddie SullivanDirector Unitl 12/2014
DR CHARLES O'BRIENSecretary
James SoukupTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,009,534
Program Service Revenue
$821,806
Investment Income
$3,216
Other Revenue
$36,174
Change in Net Assets
$2,469,715

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,984,612
Revenue Not Reported on Financial Statements
$-113,882
Revenue Not Reported on Form 990
$145,005
Other Revenue Adjustments
$-113,882
Total Revenue per Audited Statements
$4,129,617
Total Revenue per Form 990
$3,870,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$785,068
Other Expenses$615,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$423,334
Current Officers, Directors, Trustees, and Key Employees---$239,442
Fees for Services Other---$135,571
Advertising---$127,730
Occupancy---$120,825
Interest---$62,964
Payroll Taxes---$41,896
Other Employee Benefits---$40,389
Pension Plan Contributions---$40,007
Information Technology---$32,548
Travel---$31,221
All Other Expenses---$28,304
Office Expenses---$21,563
Conferences and Meetings---$16,047
Insurance---$14,098
Depreciation Depletion---$8,532
Other Expenses---$570
Total Functional Expenses$0$0$0$1,401,015

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,546,002
Expenses per Audited Statements$1,401,015
Total Expenses per Form 990$1,401,015
Expenses Not Reported on Form 990$144,987
Expenses Not Reported on Financial Statements$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Future Construction Cost$568,912
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The organization has delegated authority to our executive committee consisting of the president, chair, vice chair, secretary, treasurer, and past chair. Executive committee shall transact business of an emergency nature between board meetings.

Form 990, Part VI, Section A, Line 2

Chris houwman and rob everist have a business relationship. Mark mickelson and steve statz have a business relationship. Mike jamison and dale froehlich have a business relationship.

Form 990, Part VI, Section A, Line 6

There are no "classes" of members. The minimum cost of a membership is $250 annually.

Form 990, Part VI, Section A, Line 7A

The members elect new board members at the annual meeting.

Form 990, Part VI, Section A, Line 8B

The executive committee does not keep written minutes of its meetings. All matters acted upon at the executive committee are brought to the board for approval, and included in the board minutes.

Form 990, Part VI, Section B, Line 11

The president and the executive committee will review the return in detail. Upon their review, a copy of the 990 will be emailed to the board members, and it will be approved at the following board meeting. Following their approval, the 990 wil be filed with the irs.

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

At each board meeting, the board members and ex-officio members are asked to review the agenda for possible conflicts of interest. If a conflict does exist, the board member must abstain from voting and from the discussion.

Form 990, Part VI, Section B, Line 15A

Compensation of the president is determined by the executive committee, and is brought to the board for approval. There's a compensation committee and a written employment contract in addition to the board approving compensation. Compensation is determined through an annual performance review and comparability data. The process was undertaken during the fiscal year.

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
Sioux Falls Development Foundation Inc
EIN
46-0243934
Phone
6053390103
Address
200 NORTH PHILLIPS AVE NO 101, SIOUX FALLS, SD 57101

Signing Officer

Name
Richard Slater Barr
Title
President
Phone
6053390103
Signed
2016-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Slater Barr
Formed
1954
Legal Domicile
Sd
Voting Board Members
21
Independent Board Members
21
Employees
17
Volunteers
29

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH ST PO BOX 5125, SIOUX FALLS, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The organization have placed a major emphasis on workforce development as part of their fostering business and employment.

FORM 990, PART XI, LINE 9:

Decrease in equity in forward sioux falls joint venture -867,729. Temporaryily restircted state funding 3,000,000.

Financial Statement Notes

PART X, LINE 2:

The foundation is organized as a south dakota nonprofit corporation by the internal revenue service (irs) as exempt from federal income taxes under section 501(c)(6) of the internal revenue code. The foundation is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The foundation has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. The foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The foundation will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Port of entry revenue 108,000. Shadow ed revenue 32,000. Adjustment to funding structure change 4,992.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Change in beneficial interest in south dakota business technology center -62,835. Return in investment in south dakota technology business center -51,047.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Port of entry expenses 118,305. Shadow ed expenses 26,682.

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IRS990/Form990PartVIISectionAGrp/PersonNm20DR EDDIE SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm21JIM WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm22SLATER BARR
IRS990/Form990PartVIISectionAGrp/PersonNm23RICHARD NASER JR
IRS990/Form990PartVIISectionAGrp/PersonNm24DEAN P DZIEDZIC
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22189994
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23124558
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24123379
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR UNITL 12/2014
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt03009534
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03870730
IRS990/GrossRentsGrp/RealAmt08693
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt032548
IRS990/InsuranceGrp/TotalAmt014098
IRS990/InterestGrp/TotalAmt062964
IRS990/InventoriesForSaleOrUseGrp/BOYAmt08182971
IRS990/InventoriesForSaleOrUseGrp/EOYAmt021888030
IRS990/InvestmentIncomeGrp/ExclusionAmt03216
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03216
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04673075
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03689250
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032329
IRS990/LandBldgEquipBasisNetGrp/BOYAmt083703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt075171
IRS990/LandBldgEquipCostOrOtherBssAmt0107500
IRS990/LegalDomicileStateCd0SD
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE GENERAL WELFARE OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA AND THE SURROUNDING COMMUNITY BY FOSTERING BUSINESS AND EMPLOYMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt081236
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011352346
IRS990/NetAssetsOrFundBalancesBOYAmt016966765
IRS990/NetAssetsOrFundBalancesEOYAmt021568764
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08693
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt013
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0120825
IRS990/OfficeExpensesGrp/TotalAmt021563
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0924370
IRS990/OtherAssetsTotalGrp/EOYAmt03105332
IRS990/OtherChangesInNetAssetsAmt02132271
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040389
IRS990/OtherExpensesGrp/Desc0SPECIAL INCENTIVE PMT
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc2TAXES AND LICENSES
IRS990/OtherExpensesGrp/TotalAmt09534
IRS990/OtherExpensesGrp/TotalAmt16440
IRS990/OtherExpensesGrp/TotalAmt2570
IRS990/OtherLiabilitiesGrp/BOYAmt0700277
IRS990/OtherLiabilitiesGrp/EOYAmt0568912
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REV
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027481
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027481
IRS990/OtherRevenueTotalAmt027481
IRS990/OtherSalariesAndWagesGrp/TotalAmt0423334
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt041896
IRS990/PensionPlanContributionsGrp/TotalAmt040007
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020524
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020524
IRS990/PrincipalOfficerNm0SLATER BARR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3561000
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0FEES FROM FORWARD SF F
IRS990/ProgramServiceRevenueGrp/Desc1CITY AND COUNTY CONTRA
IRS990/ProgramServiceRevenueGrp/Desc2FEES FROM COUNTY ECONO
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc4CHANGE IN BENEFICIAL I
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0397000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1185034
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2173023
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3131798
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-65049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0397000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1185034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2173023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3131798
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-65049
IRS990/ProgSrvcAccomActy2Grp/Desc0PARTNERS WITH VARIOUS ORGANIZATIONS TO ASSIST NEW AND EXISTING BUSINESS, MARKET OUR COMMUNITY AND FOSTER EMERGING INDUSTRIES, PROMOTE INTERNATIONAL TRADE SERVICES OFFICE FOR THE STATE OF SOUTH DAKOTA.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION HAS PLACED A STRONG EMPHASIS ON WORKFORCE DEVELOPMENT. THIS WILL BE AN ONGOING PROGRAM.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-16972
IRS990/PYOtherExpensesAmt0599497
IRS990/PYOtherRevenueAmt0302448
IRS990/PYProgramServiceRevenueAmt0969909
IRS990/PYRevenuesLessExpensesAmt0-107298
IRS990/PYSalariesCompEmpBnftPaidAmt0763186
IRS990/PYTotalExpensesAmt01362683
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01255385
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02469715
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt08693
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03977673
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04858400
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$106$37.2$69.3$9.30$2.64$6.66
2024Detailed filing. Detailed filing data is available for this year.$99.3$36.6$62.7$21.6$19.0$2.58
2023Detailed filing. Detailed filing data is available for this year.$87.1$26.8$60.3$16.8$2.83$14.0
2022Detailed filing. Detailed filing data is available for this year.$66.2$20.2$46.0$9.62$2.15$7.47
2021Detailed filing. Detailed filing data is available for this year.$50.6$6.55$44.0$7.70$2.27$5.43
2020Detailed filing. Detailed filing data is available for this year.$47.4$12.4$35.0$3.20$1.93$1.27
2019Detailed filing. Detailed filing data is available for this year.$43.2$16.9$26.3$2.82$1.98$0.84
2018Detailed filing. Detailed filing data is available for this year.$42.8$17.3$25.5$3.61$1.87$1.74
2017Detailed filing. Detailed filing data is available for this year.$40.5$16.7$23.8$4.82$1.79$3.03
2016Detailed filing. Detailed filing data is available for this year.$37.6$17.1$20.4$1.61$2.04$0.43
2015Detailed filing. Detailed filing data is available for this year.$33.9$12.3$21.6$3.87$1.40$2.47
2014Detailed filing. Detailed filing data is available for this year.$18.0$1.08$17.0$1.26$1.36$0.11
2013Summary only. Only limited summary data is available for this year.$19.8$1.96$17.8$2.11$1.49$0.62
2012Summary only. Only limited summary data is available for this year.$20.1$2.19$17.9$1.07$1.29$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$0.92$18.6$1.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$1.50$15.5$1.34