Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
990 • Fiscal year 2019 • EIN 46-0243934
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
12th percentile
Higher top officer pay than 12% of similar nonprofits.
Top officer pay equals 7.5% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Assets
Up$43,177,562
Up $353,736 (+0.8%) from 2018
Net Assets
Up$26,298,860
Up $792,602 (+3.1%) from 2018
Liabilities
Down$16,878,702
Down $438,866 (-2.5%) from 2018
Revenue
Down$2,815,234
Down $792,456 (-22%) from 2018
Expenses
Up$1,975,688
Up $110,633 (+5.9%) from 2018
Net Income
Down$839,546
Down $903,089 (-52%) from 2018
To collaboratively create quality economic growth and workforce development in sioux falls.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $35,948,545 | $36,261,314 | ▲ $312,769 |
| Investments Program Related | $2,920,003 | $2,873,050 | ▼ $46,953 |
| Accounts Receivable | $31,089 | $304,803 | ▲ $273,714 |
| Savings and Temporary Cash Investments | $252,790 | $247,032 | ▼ $5,758 |
| Pledges and Grants Receivable | $174,192 | $0 | ▼ $174,192 |
| Land, Buildings, and Equipment, Net | $54,596 | $62,203 | ▲ $7,607 |
| Other Notes and Loans Receivable, Net | $33,333 | $0 | ▼ $33,333 |
| Prepaid Expenses and Deferred Charges | $18,240 | $21,087 | ▲ $2,847 |
| Total Assets | $42,823,826 | $43,177,562 | ▲ $353,736 |
| Other Assets Total | $3,391,038 | $3,408,073 | ▲ $17,035 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $15,220,141 | $14,865,829 | ▼ $354,312 |
| Other Liabilities | $1,449,388 | $1,423,913 | ▼ $25,475 |
| Accounts Payable and Accrued Expenses | $614,539 | $555,460 | ▼ $59,079 |
| Deferred Revenue | $33,500 | $33,500 | → $0 |
| Total Liabilities | $17,317,568 | $16,878,702 | ▼ $438,866 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $20,222,777 | $21,038,276 | ▲ $815,499 |
| Temporarily Rstr Net Assets | $5,283,481 | $5,260,584 | ▼ $22,897 |
| Total Net Assets Fund Balance | $25,506,258 | $26,298,860 | ▲ $792,602 |
| Total Liabilities and Net Assets / Fund Balance | $42,823,826 | $43,177,562 | ▲ $353,736 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $32,516 | $43,630 | $76,146 |
| Leasehold Improvements | $29,687 | $9,720 | $39,407 |
| Investment Program Related Org | $2,260,584 | - | - |
| Other Assets Org | $25,000 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dean Dziedzic | VP Economic Development | FT | $133,037 | $77,195 | $210,232 |
| Bobby Mundt | President/CEO | FT | $97,212 | $15,215 | $112,427 |
| Name | Title |
|---|---|
| Jay Rasmussen | Chair |
| Todd Ernst | Chair - Elect |
| Bob Thimjon | Past Chair |
| Betty Oldenkamp | Director |
| Dr Brett Bradfield | Director |
| Holly Brunick | Director |
| Jeff Fiegen | Director |
| Kent Cutler | Director |
| Michelle Lavallee | Director |
| Mike Van Buskirk | Director |
| Pam Hanneman | Director |
| Paul Hanson | Director |
| Ryan Boschee | Director |
| Sean Ervin | Director |
| Steve Kolbeck | Director |
| Steve Statz | Director |
| Steve Watson | Director |
| Tim Mccarthy | Director |
| Tom Kelley | Director |
| Kurt Loudenback | Secretary |
| Pat Costello | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Friessen Construction INC | Street Construction | 615 MARION RD, Sioux Falls, SD 57109 | $607,906 |
| Soukup Construction INC | Construction | PO BOX 89106, Sioux Falls, SD 57109 | $348,243 |
| Sayre Associates | Engineering | 216 SOUTH DULUTH AVENUE, Sioux Falls, SD 57104 | $218,530 |
| Davenport Evans Hurwitz Smith | Legal | 206 W 16TH ST, Sioux Falls, SD 57104 | $164,894 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,174,767 |
| Other Expenses | $800,821 |
| Grants and Similar Amounts Paid | $100 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $684,634 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $286,429 |
| Advertising | - | - | - | $182,327 |
| Fees for Services Other | - | - | - | $144,036 |
| Other Employee Benefits | - | - | - | $100,083 |
| Payroll Taxes | - | - | - | $71,490 |
| Occupancy | - | - | - | $70,910 |
| Interest | - | - | - | $44,167 |
| Conferences and Meetings | - | - | - | $43,803 |
| All Other Expenses | - | - | - | $38,415 |
| Office Expenses | - | - | - | $32,894 |
| Pension Plan Contributions | - | - | - | $32,131 |
| Travel | - | - | - | $27,155 |
| Depreciation Depletion | - | - | - | $21,185 |
| Information Technology | - | - | - | $18,828 |
| Insurance | - | - | - | $15,768 |
| Other Expenses | - | - | - | $1,406 |
| Grants to Domestic Orgs | - | - | - | $100 |
| Total Functional Expenses | $0 | $0 | $0 | $1,975,688 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,993,980 |
| Expenses per Audited Statements | $1,975,688 |
| Total Expenses per Form 990 | $1,975,688 |
| Expenses Not Reported on Form 990 | $18,292 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Future Construction Costs-park | $1,423,913 |
“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.”
“Membership investment is based on the number of employees of the investing company. The minimum cost of a membership is $250 annually for 0-20 employees and the max is $3,650 annually for 901+ employees. There are some businesses that were already members when the new membership structure was implemented and remain at their original membership levels.”
“The members elect new board members at the annual meeting.”
“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.”
“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 will be filed with the irs.”
“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.”
“Compensation of the president is determined by the executive committee. There's a compensation committee and a written employment contract. Compensation is determined through an annual performance review and comparability data. The process was undertaken during the fiscal year.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“The president/ceo, executive board and finance committee are responsible for managing the organizations finances.”
“Change in zeal center for entrepreneurship investment -22,897. Change in corson investment -24,056.”
“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.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 614539 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 555460 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 31089 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 304803 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO COLLABORATIVELY CREATE QUALITY ECONOMIC GROWTH AND WORKFORCE DEVELOPMENT IN SIOUX FALLS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 182327 |
| IRS990/AllOtherContributionsAmt | 0 | 5000 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 38415 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BOB MUNDT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6053390103 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 NORTH PHILLIPS AVE STE 101 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SIOUX FALLS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57101 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 286429 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 43803 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 607906 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 348243 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 218530 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 164894 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 615 MARION RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | PO BOX 89106 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 216 SOUTH DULUTH AVENUE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 206 W 16TH ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SIOUX FALLS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | SIOUX FALLS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | SIOUX FALLS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | SIOUX FALLS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 57109 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 57109 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 57104 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 57104 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | FRIESSEN CONSTRUCTION INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | SOUKUP CONSTRUCTION INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | SAYRE ASSOCIATES |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | DAVENPORT EVANS HURWITZ SMITH |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | STREET CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | ENGINEERING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | LEGAL |
| IRS990/CostOfGoodsSoldAmt | 0 | 871837 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 489884 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 100 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1576 |
| IRS990/CYOtherExpensesAmt | 0 | 800821 |
| IRS990/CYOtherRevenueAmt | 0 | 1326523 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 997251 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 839546 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1174767 |
| IRS990/CYTotalExpensesAmt | 0 | 1975688 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2815234 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 33500 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 33500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 21185 |
| IRS990/Desc | 0 | SIOUX FALLS DEVELOPMENT FOUNDATION, INC. (FOUNDATION) IS A NON-PROFIT CORPORATION OPERATED BY A BOARD OF DIRECTORS ELECTED BY ITS MEMBERS. THE FOUNDATION HAS ADDRESSED ITS MISSION THROUGH THE SALE OF LAND TO GROWING AND/OR RELOCATING BUSINESSES AT AFFORDABLE RATES. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 19 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 144036 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 16 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 17 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 18 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 19 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 20 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 21 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 22 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 25194 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 15215 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DEAN DZIEDZIC |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BOBBY MUNDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAY RASMUSSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TODD ERNST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PAT COSTELLO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KURT LOUDENBACK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BOB THIMJON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | STEVE STATZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RYAN BOSCHEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | HOLLY BRUNICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SEAN ERVIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JEFF FIEGEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | PAM HANNEMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | PAUL HANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | STEVE WATSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | TOM KELLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | STEVE KOLBECK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | MICHELLE LAVALLEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | TIM MCCARTHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | BETTY OLDENKAMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | MIKE VAN BUSKIRK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | DR BRETT BRADFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | KENT CUTLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 184733 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 97212 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | VP ECONOMIC DEVELOPMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIR - ELECT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1954 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GovernmentGrantsAmt | 0 | 353874 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 100 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 3687071 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 160985 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 1997724 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 21 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 18828 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15768 |
| IRS990/InterestGrp/TotalAmt | 0 | 44167 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 35948545 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 36261314 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1576 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1576 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 2920003 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 2873050 |
| IRS990/IRPDocumentCnt | 0 | 16 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 53350 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 54596 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 62203 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 115553 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 131010 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO COLLABORATIVELY CREATE QUALITY ECONOMIC GROWTH AND WORKFORCE DEVELOPMENT IN THE SIOUX FALLS MSA TO IMPROVE OUR QUALITY OF LIFE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 15220141 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 14865829 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 25506258 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 26298860 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1125887 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 1125887 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 160985 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 160985 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 9 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 70910 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 32894 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 3391038 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 3408073 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -46953 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 100083 |
| IRS990/OtherExpensesGrp/Desc | 0 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | BNSF RAILROAD FEE |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | UBIT EXPENSE |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 131705 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 21598 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6624 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1406 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1449388 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1423913 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC. REVENUE-RELATED-990 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 39651 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 39651 |
| IRS990/OtherRevenueTotalAmt | 0 | 39651 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 684634 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 33333 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 71490 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 32131 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 174192 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 18240 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 21087 |
| IRS990/PrincipalOfficerNm | 0 | BOB MUNDT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541610 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 561000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 541610 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | FEES FROM JOINT VENTURES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MANAGEMENT FEE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | CONFERENCE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 749256 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 220537 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 27458 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 749256 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 220537 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.