Civic Intelligence

Sioux Falls Development Foundation Inc

990 • Fiscal year 2016 • EIN 46-0243934

Oct 01, 2015 to Sep 30, 2016 • Filed on Jul 12, 2017

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

67th percentile

0.46x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

10.63x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Net Margin

8th percentile

-27%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

20th percentile

$245,354

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Asset Growth

74th percentile

11%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$37,584,960

Up $3,666,869 (+11%) from 2015

Net Assets

Down

$20,446,385

Down $1,122,379 (-5.2%) from 2015

Liabilities

Up

$17,138,575

Up $4,789,248 (+39%) from 2015

Revenue

Down

$1,611,966

Down $2,258,764 (-58%) from 2015

Expenses

Up

$2,043,102

Up $642,087 (+46%) from 2015

Net Income

Down

-$431,136

Down $2,900,851 (-117%) from 2015

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

2016

Assets$37,584,960
Liabilities$17,138,575
Net Assets$20,446,385

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

2016

Revenue$1,611,966
Expenses$2,043,102
Net Income-$431,136
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jul 12, 2017
Return Version
2015v3.0
Gross Receipts
$2,881,436
Mission and Program Overview

Mission

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

Promoting sioux falls, sd and surrounding communities by fostering business and employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$21,888,030$30,256,490▲ $8,368,460
Investments Program Related$2,998,027$3,004,340▲ $6,313
Savings and Temporary Cash Investments$4,858,400$702,799▼ $4,155,601
Accounts Receivable$281,385$275,002▼ $6,383
Land, Buildings, and Equipment, Net$75,171$66,951▼ $8,220
Other Notes and Loans Receivable, Net-$66,666-
Prepaid Expenses and Deferred Charges$20,524$0▼ $20,524
Total Assets$33,226,869$37,584,960▲ $4,358,091
Other Assets Total$3,105,332$3,212,712▲ $107,380
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,352,346$16,093,397▲ $4,741,051
Other Liabilities$568,912$618,817▲ $49,905
Accounts Payable and Accrued Expenses$281,653$298,945▲ $17,292
Deferred Revenue$146,416$127,416▼ $19,000
Total Liabilities$12,349,327$17,138,575▲ $4,789,248
Net Assets / Fund Balance
Unrestricted Net Assets$15,432,271$15,056,391▼ $375,880
Temporarily Rstr Net Assets$5,445,271$5,389,994▼ $55,277
Total Net Assets Fund Balance$20,877,542$20,446,385▼ $431,157
Total Liabilities and Net Assets / Fund Balance$33,226,869$37,584,960▲ $4,358,091

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,523$35,570$68,093
Leasehold Improvements$34,428$4,979$39,407
Investment Program Related Org$2,389,994--
Other Assets Org$3,000,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Slater BarrPresidentFT$180,518$65,651$246,169
Richard Naser JrPresident/opportunity DeveloperFT$127,326$41,465$168,791

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Davenport Evans Hurwitz & SmithLegal ServicesPO BOX 1030, Sioux Falls, SD 57101-1030$112,363
Revenue and Support

Revenue Composition

Contributions and Grants
$329,277
Program Service Revenue
$804,080
Investment Income
$2,610
Other Revenue
$475,999
Change in Net Assets
$-431,136

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,667,243
Revenue Not Reported on Financial Statements
$-55,277
Revenue Not Reported on Form 990
$-21
Other Revenue Adjustments
$-55,277
Total Revenue per Audited Statements
$1,667,222
Total Revenue per Form 990
$1,611,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,054,505
Salaries, Compensation, and Employee Benefits$964,158
Grants and Similar Amounts Paid$24,439
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$562,310
Interest---$404,605
Current Officers, Directors, Trustees, and Key Employees---$246,023
Fees for Services Other---$152,324
Advertising---$123,886
Occupancy---$74,232
Other Employee Benefits---$61,388
Payroll Taxes---$52,108
Pension Plan Contributions---$42,329
Office Expenses---$33,042
Grants to Domestic Orgs---$24,439
Travel---$23,667
Information Technology---$20,118
Conferences and Meetings---$16,203
Depreciation Depletion---$16,157
Insurance---$13,288
Other Expenses---$286
Total Functional Expenses$0$0$0$2,043,102

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,043,102
Total Expenses per Audited Statements$2,043,102
Total Expenses per Form 990$2,043,102
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Prolong Pharmaceutical LLCPlainsville, NJ-Incentive Payment for Site Plan$20,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Owned by Scott Lawrence, Board MemberPrinting and AdvertisingNo$38,848
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Future Construction Costs-park$618,817
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

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
2017-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Slater Barr
Formed
1954
Legal Domicile
Sd
Voting Board Members
22
Independent Board Members
22
Employees
23
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

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 4B - OTHER ADJUSTMENTS:

Change in beneficial interest in zeal center for entrepreneurship -2,934. Return of investment in zeal center for entrepreneurship -52,343.

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IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE STATZ
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM SIMMONS - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT LAWRENCE
IRS990/Form990PartVIISectionAGrp/PersonNm4DRCHARLES O'BRIEN-LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm5CRAIG JOHNSON - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES SOUKUP - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm7JAY RASMUSSEN - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm8BURKE BLACKMAN - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm9MATT BURKHART - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm10ROB EVERIST
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES ABBOTT
IRS990/Form990PartVIISectionAGrp/PersonNm12DR PAM HOMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE JAMISON - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm14BEN KYTE
IRS990/Form990PartVIISectionAGrp/PersonNm15ROSS ORTMAN - LEFT 122015
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK SCHMITT
IRS990/Form990PartVIISectionAGrp/PersonNm17HOLLY BRUNICK - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm18COLLEEN STRATTON
IRS990/Form990PartVIISectionAGrp/PersonNm19JIM WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm20TODD ERNST - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm21SEAN ERVIN - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm22PAM HANNEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23PAUL HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm24TOM KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm25MICHELLE LAVALLEE-JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm26KURT LOUDENBACK - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm27BOB THIMJON - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm28MIKE VAN BUSKIRK - JOINED 12016
IRS990/Form990PartVIISectionAGrp/PersonNm29SLATER BARR
IRS990/Form990PartVIISectionAGrp/PersonNm30RICHARD NASER JR
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/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29198382
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30127482
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/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR DEC-SEPT; VICE CHAIR OCT-DEC
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR JAN-SEPT; DIR OCT-DEC
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST CHAIR JAN-SEPT; CHAIR OCT-DEC
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY JAN-SEPT; DIR OCT-DEC
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER JAN-SEPT; DIR OCT-DEC
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
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt30PRESIDENT/OPPORTUNITY DEVELOPER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt0195500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt024439
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02881436
IRS990/GrossRentsGrp/RealAmt075703
IRS990/GrossSalesOfInventoryAmt01637093
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt020118
IRS990/InsuranceGrp/TotalAmt013288
IRS990/InterestGrp/TotalAmt0404605
IRS990/InventoriesForSaleOrUseGrp/BOYAmt021888030
IRS990/InventoriesForSaleOrUseGrp/EOYAmt030256490
IRS990/InvestmentIncomeGrp/ExclusionAmt02610
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02610
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02998027
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03004340
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040549
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075171
IRS990/LandBldgEquipBasisNetGrp/EOYAmt066951
IRS990/LandBldgEquipCostOrOtherBssAmt0107500
IRS990/LegalDomicileStateCd0SD
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0133777
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/BOYAmt011352346
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016093397
IRS990/NetAssetsOrFundBalancesBOYAmt020877542
IRS990/NetAssetsOrFundBalancesEOYAmt020446385
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0367623
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0367623
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt075703
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt075703
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt074232
IRS990/OfficeExpensesGrp/TotalAmt033042
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03105332
IRS990/OtherAssetsTotalGrp/EOYAmt03212712
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061388
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc3SALES & USE TAX
IRS990/OtherExpensesGrp/TotalAmt099671
IRS990/OtherExpensesGrp/TotalAmt168963
IRS990/OtherExpensesGrp/TotalAmt28063
IRS990/OtherExpensesGrp/TotalAmt3286
IRS990/OtherLiabilitiesGrp/BOYAmt0568912
IRS990/OtherLiabilitiesGrp/EOYAmt0618817
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032673
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032673
IRS990/OtherRevenueTotalAmt032673
IRS990/OtherSalariesAndWagesGrp/TotalAmt0562310
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt066666
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt052108
IRS990/PensionPlanContributionsGrp/TotalAmt042329
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020524
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SLATER BARR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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