Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
990 • Fiscal year 2022 • EIN 46-0284795
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
33rd percentile
Higher top officer pay than 33% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Assets
Up$14,713,071
Up $1,365,500 (+10%) from 2021
Net Assets
Down$1,425,248
Down $22,472 (-1.6%) from 2021
Liabilities
Up$13,287,823
Up $1,387,972 (+12%) from 2021
Revenue
Up$1,541,408
Up $262,695 (+21%) from 2021
Expenses
Down$1,563,880
Down $100,787 (-6.1%) from 2021
Net Income
Up-$22,472
Up $363,482 (+94%) from 2021
To promote and develop economic growth for the city of vermillion, sd
To promote and develop economic growth for the city of vermillion, sd.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $8,843,720 | $5,740,813 | ▼ $3,102,907 |
| Other Notes and Loans Receivable, Net | $155,800 | $4,328,745 | ▲ $4,172,945 |
| Inventories for Sale or Use | $2,731,164 | $2,726,237 | ▼ $4,927 |
| Cash and Non-Interest-Bearing Accounts | $335,966 | $1,221,278 | ▲ $885,312 |
| Pledges and Grants Receivable | $1,105,028 | $416,961 | ▼ $688,067 |
| Investments Other Securities | - | $251,000 | - |
| Accounts Receivable | $172,355 | $28,037 | ▼ $144,318 |
| Prepaid Expenses and Deferred Charges | $3,538 | - | - |
| Total Assets | $13,347,571 | $14,713,071 | ▲ $1,365,500 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $9,315,044 | $10,086,828 | ▲ $771,784 |
| Deferred Revenue | $1,925,507 | $3,157,527 | ▲ $1,232,020 |
| Accounts Payable and Accrued Expenses | $367,501 | $28,483 | ▼ $339,018 |
| Other Liabilities | $291,799 | $14,985 | ▼ $276,814 |
| Total Liabilities | $11,899,851 | $13,287,823 | ▲ $1,387,972 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,447,720 | $1,425,248 | ▼ $22,472 |
| Total Net Assets Fund Balance | $1,447,720 | $1,425,248 | ▼ $22,472 |
| Total Liabilities and Net Assets / Fund Balance | $13,347,571 | $14,713,071 | ▲ $1,365,500 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,566,580 | $1,459,985 | $7,026,565 |
| Land | $152,894 | - | $152,894 |
| Equipment | $21,339 | $85,716 | $107,055 |
| Name | Title |
|---|---|
| Jeff Erickson | Chair |
| Scott Pohlson | Past Chair |
| Joe Hoose | Vice Chair |
| Collin Lind | Director |
| Damon Alvey | Director |
| Dave Hertz | Director |
| Dustin Sockness | Director |
| Gregg Peters | Director |
| John Prescott | Director |
| Jon Cole | Director |
| Michele Davidson | Director |
| Mike Manning | Director |
| Nick Oyen | Director |
| James Peterson | CEO |
| Leslie Gerrish | Secretary |
| Andy Schulz | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $999,816 |
| Salaries, Compensation, and Employee Benefits | $564,064 |
| Total Fundraising Expense | $11,264 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $522,737 | - | - | $522,737 |
| Interest | $225,406 | - | - | $225,406 |
| Depreciation Depletion | $180,349 | $10,670 | - | $191,019 |
| Advertising | - | $158,332 | - | $158,332 |
| Other Expenses | $52,329 | $47,114 | - | $47,114 |
| Payroll Taxes | - | $41,327 | - | $41,327 |
| Office Expenses | - | $38,129 | - | $38,129 |
| All Other Expenses | $10,000 | $27,483 | - | $37,483 |
| Insurance | - | $31,715 | - | $31,715 |
| Fees for Services Management | - | $26,025 | - | $26,025 |
| Fees for Services Legal | - | $25,631 | - | $25,631 |
| Fees for Services Accounting | - | $18,669 | - | $18,669 |
| Travel | - | - | $11,264 | $11,264 |
| Occupancy | - | $1,794 | - | $1,794 |
| Conferences and Meetings | - | $148 | - | $148 |
| Total Functional Expenses | $1,125,579 | $427,037 | $11,264 | $1,563,880 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,797,709 |
| Total Expenses per Audited Statements | $1,797,709 |
| Total Expenses per Form 990 | $1,563,880 |
| Expenses Not Reported on Financial Statements | $-233,829 |
| Other Expense Adjustments | $-233,829 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $91,729 |
| Fundraising Gross Income | $62,605 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Ambassadors | $62,605 | $62,605 | $91,729 | $-29,124 |
| Total Events | $62,605 | $62,605 | $91,729 | $-29,124 |
| Liability | Amount |
|---|---|
| Accrued Leave | $14,985 |
“A copy of the 990 is provided to the board of directors”
“The board of directors determines and documents in the minutes the compensation for the executive director”
“Documents are available upon request”
“Ambassadors expense 91,729 rent expense 142,100 ambassadors expense -91,729 rent expense -142,100”
“Ambassadors expense -91,729 rent expense -142,100”
“Ambassadors expense -91,729 rent expense -142,100”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 367501 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 28483 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 172355 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 28037 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE AND DEVELOP ECONOMIC GROWTH FOR THE CITY OF VERMILLION, SD. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 158332 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 158332 |
| IRS990/AllOtherContributionsAmt | 0 | 196519 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 27483 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10000 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 37483 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SAMUEL CRAIG |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6056245571 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2 E MAIN ST SUITE 101 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | VERMILLION |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57069 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 335966 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1221278 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 148 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 148 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 562815 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 596738 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 159806 |
| IRS990/CYOtherExpensesAmt | 0 | 999816 |
| IRS990/CYOtherRevenueAmt | 0 | 700733 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 84131 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -22472 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 564064 |
| IRS990/CYTotalExpensesAmt | 0 | 1563880 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 11264 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1541408 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1925507 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3157527 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 10670 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 180349 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 191019 |
| IRS990/Desc | 0 | WORK TOWARDS THE ORGANIZATIONS COMMUNITY BETTERMENT AND ECONOMIC DEVELOPMENT GOALS OF SUSTAINABLE BUSINESS DEVELOPMENT AND GREATER COMMUNITY AWARENESS THROUGH ITS PROGRAMS AND ECONOMIC DEVELOPMENT INITIATIVES. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 26 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1125579 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 18669 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 18669 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 25631 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 25631 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 26025 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 26025 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| 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 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 40.00 |
| 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/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 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| 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/PersonNm | 0 | MIKE MANNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOE HOOSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHELE DAVIDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAMON ALVEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOHN PRESCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NICK OYEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DUSTIN SOCKNESS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAVE HERTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | LESLIE GERRISH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GREGG PETERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SCOTT POHLSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JON COLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | COLLIN LIND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JEFF ERICKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ANDY SCHULZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | JAMES PETERSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| 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/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/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1967 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 91729 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 62605 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 285240 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2338052 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 523673 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 804191 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 31715 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 31715 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 225406 |
| IRS990/InterestGrp/TotalAmt | 0 | 225406 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 2731164 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 2726237 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 159806 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 159806 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 251000 |
| IRS990/IRPDocumentCnt | 0 | 14 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1545701 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 8843720 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5740813 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7286514 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 142100 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 114979 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROMOTE AND DEVELOPE ECONOMIC GROWTH FOR THE CITY OF VERMILLION, SD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 9315044 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 10086828 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1447720 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1425248 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -29124 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | 241376 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 241376 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 381573 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 381573 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1447720 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1425248 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1794 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1794 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 38129 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 38129 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | COST OF GOODS SOLD |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 47114 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 71915 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 62843 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 52329 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 71915 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 62843 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 52329 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 47114 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 291799 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 14985 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | VERMILLION NOW CAMPAIGN |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 106908 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 106908 |
| IRS990/OtherRevenueTotalAmt | 0 | 106908 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 522737 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 522737 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 155800 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 4328745 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 41327 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 41327 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 1105028 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 416961 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3538 |
| IRS990/PrincipalOfficerNm | 0 | JAMES PETERSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONVENTION & VISITORS INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ECONOMIC DEVELOPMENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 71754 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 12377 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 71754 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 12377 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 796530 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 253 |
| IRS990/PYOtherExpensesAmt | 0 | 1200960 |
| IRS990/PYOtherRevenueAmt | 0 | 422408 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 59522 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -385954 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 463707 |
| IRS990/PYTotalExpensesAmt | 0 | 1664667 |
| IRS990/PYTotalRevenueAmt | 0 | 1278713 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -22472 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 381573 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 84131 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 5566580 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1459985 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7026565 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 21339 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 85716 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 107055 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | -233829 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1797709 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 152894 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 152894 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | -233829 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 14985 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED LEAVE |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -233829 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -233829 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1775237 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | AMBASSADORS EXPENSE -91,729 RENT EXPENSE -142,100 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | AMBASSADORS EXPENSE -91,729 RENT EXPENSE -142,100 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5740813 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1563880 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 14985 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1541408 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1775237 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1797709 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 91729 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | AMBASSADORS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 62605 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 62605 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 62605 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 62605 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -29124 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 91729 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 91729 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD OF DIRECTORS DETERMINES AND DOCUMENTS IN THE MINUTES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DOCUMENTS ARE AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AMBASSADORS EXPENSE 91,729 RENT EXPENSE 142,100 AMBASSADORS EXPENSE -91,729 RENT EXPENSE -142,100 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 13347571 |
| IRS990/TotalAssetsEOYAmt | 0 | 14713071 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 13347571 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 14713071 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 596738 |
| IRS990/TotalEmployeeCnt | 0 | 26 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 11264 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 427037 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1125579 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1563880 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.