Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
990 • Fiscal year 2023 • EIN 46-0284795
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
31st percentile
Higher top officer pay than 31% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Up$14,802,392
Up $89,321 (+0.6%) from 2022
Net Assets
Up$1,480,315
Up $55,067 (+3.9%) from 2022
Liabilities
Up$13,322,077
Up $34,254 (+0.3%) from 2022
Revenue
Down$1,497,971
Down $43,437 (-2.8%) from 2022
Expenses
Down$1,442,904
Down $120,976 (-7.7%) from 2022
Net Income
Up$55,067
Up $77,539 (+345%) from 2022
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 | |||
| Other Notes and Loans Receivable, Net | $4,328,745 | $5,524,648 | ▲ $1,195,903 |
| Land, Buildings, and Equipment, Net | $5,740,813 | $5,405,495 | ▼ $335,318 |
| Inventories for Sale or Use | $2,726,237 | $2,042,023 | ▼ $684,214 |
| Savings and Temporary Cash Investments | - | $855,000 | - |
| Cash and Non-Interest-Bearing Accounts | $1,221,278 | $501,176 | ▼ $720,102 |
| Investments Other Securities | $251,000 | $290,138 | ▲ $39,138 |
| Pledges and Grants Receivable | $416,961 | $94,996 | ▼ $321,965 |
| Accounts Receivable | $28,037 | $88,916 | ▲ $60,879 |
| Total Assets | $14,713,071 | $14,802,392 | ▲ $89,321 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $10,086,828 | $9,505,754 | ▼ $581,074 |
| Deferred Revenue | $3,157,527 | $3,810,535 | ▲ $653,008 |
| Other Liabilities | $14,985 | - | - |
| Accounts Payable and Accrued Expenses | $28,483 | $5,788 | ▼ $22,695 |
| Total Liabilities | $13,287,823 | $13,322,077 | ▲ $34,254 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,425,248 | $1,480,315 | ▲ $55,067 |
| Total Net Assets Fund Balance | $1,425,248 | $1,480,315 | ▲ $55,067 |
| Total Liabilities and Net Assets / Fund Balance | $14,713,071 | $14,802,392 | ▲ $89,321 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,394,826 | $1,640,334 | $7,035,160 |
| Equipment | $10,669 | $96,386 | $107,055 |
| Name | Title |
|---|---|
| Joe Hoose | Chair |
| Jeff Erickson | Past Chair |
| Andy Schulz | Vice Chair |
| Bekki Engquist-schroeder | Director |
| Damon Alvey | Director |
| Geoffrey Gray-lobe | Director |
| Gregg Peters | Director |
| Jessi Hanson | Director |
| John Prescott | Director |
| Jon Cole | Director |
| Matt Burbach | Director |
| Veronica Schmidt | Director |
| James Peterson | CEO |
| Katey Ulrich | Secretary |
| Dustin Sockness | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,078,014 |
| Salaries, Compensation, and Employee Benefits | $364,890 |
| Total Fundraising Expense | $78,185 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | $323,733 | - | $323,733 |
| Interest | $318,747 | - | - | $318,747 |
| Depreciation Depletion | $191,019 | - | - | $191,019 |
| Advertising | - | - | $75,656 | $75,656 |
| Payroll Taxes | - | $41,157 | - | $41,157 |
| Fees for Services Legal | - | $35,494 | - | $35,494 |
| All Other Expenses | - | $35,244 | - | $35,244 |
| Insurance | - | $30,772 | - | $30,772 |
| Other Expenses | $25,280 | $133,579 | - | $25,280 |
| Office Expenses | - | $18,950 | - | $18,950 |
| Fees for Services Accounting | - | $17,327 | - | $17,327 |
| Conferences and Meetings | - | $3,280 | - | $3,280 |
| Travel | - | - | $2,529 | $2,529 |
| Fees for Services Management | - | $386 | - | $386 |
| Total Functional Expenses | $724,797 | $639,922 | $78,185 | $1,442,904 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,676,513 |
| Total Expenses per Audited Statements | $1,676,513 |
| Total Expenses per Form 990 | $1,442,904 |
| Expenses Not Reported on Financial Statements | $-233,609 |
| Other Expense Adjustments | $-233,609 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $49,092 |
| Fundraising Direct Expenses | $45,397 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Ambassadors | $49,092 | $49,092 | $45,397 | $3,695 |
| Total Events | $49,092 | $49,092 | $45,397 | $3,695 |
“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 45,397 rent expense 188,212 ambassadors expense -45,397 rent expense -188,212”
“Ambassadors expense -45,397 rent expense -188,212”
“Ambassadors expense -45,397 rent expense -188,212”
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 | 28483 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5788 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 28037 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 88916 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE AND DEVELOP ECONOMIC GROWTH FOR THE CITY OF VERMILLION, SD. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 75656 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 75656 |
| IRS990/AllOtherContributionsAmt | 0 | 165708 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 35244 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 35244 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DEBORAH CHRISTENSEN |
| 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 | 1221278 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 501176 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3280 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3280 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 684214 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 597193 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 157662 |
| IRS990/CYOtherExpensesAmt | 0 | 1078014 |
| IRS990/CYOtherRevenueAmt | 0 | 477592 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 265524 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 55067 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 364890 |
| IRS990/CYTotalExpensesAmt | 0 | 1442904 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 78185 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1497971 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 3157527 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3810535 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 191019 |
| 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 | 9 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 724797 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 17327 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 17327 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 35494 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 35494 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 386 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 386 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| 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 | 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/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/PersonNm | 0 | JOE HOOSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANDY SCHULZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JEFF ERICKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DUSTIN SOCKNESS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KATEY ULRICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | VERONICA SCHMIDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GREGG PETERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOHN PRESCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DAMON ALVEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JON COLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JESSI HANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BEKKI ENGQUIST-SCHROEDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | GEOFFREY GRAY-LOBE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MATT BURBACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | 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/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/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| 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 | 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 | 45397 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 49092 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 290500 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2415794 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 585499 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 702557 |
| 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 | 30772 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 30772 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 318747 |
| IRS990/InterestGrp/TotalAmt | 0 | 318747 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 2726237 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 2042023 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 157662 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 157662 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 251000 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 290138 |
| IRS990/IRPDocumentCnt | 0 | 17 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1736720 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5740813 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5405495 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7142215 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 188212 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 140985 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROMOTE AND DEVELOP ECONOMIC GROWTH FOR THE CITY OF VERMILLION, SD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 10086828 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 9505754 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1425248 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1480315 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 3695 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | 18343 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 18343 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 397287 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 397287 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1425248 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1480315 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 18950 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 18950 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 133579 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 156665 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 33086 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 25280 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 156665 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 133579 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 33086 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 25280 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 14985 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | VERMILLION NOW CAMPAIGN |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 58267 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 58267 |
| IRS990/OtherRevenueTotalAmt | 0 | 58267 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 323733 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 323733 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 4328745 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 5524648 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 41157 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 41157 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 416961 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 94996 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JAMES PETERSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ECONOMIC DEVELOPMENT |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONVENTION & VISITORS INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 227785 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 37739 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 227785 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 37739 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 596738 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 159806 |
| IRS990/PYOtherExpensesAmt | 0 | 999816 |
| IRS990/PYOtherRevenueAmt | 0 | 700733 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 84131 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -22472 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 564064 |
| IRS990/PYTotalExpensesAmt | 0 | 1563880 |
| IRS990/PYTotalRevenueAmt | 0 | 1541408 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 55067 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 397287 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 414570 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 855000 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 5394826 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1640334 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7035160 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 10669 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 96386 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 107055 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | -233609 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1676513 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | -233609 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -233609 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -233609 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1731580 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | AMBASSADORS EXPENSE -45,397 RENT EXPENSE -188,212 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | AMBASSADORS EXPENSE -45,397 RENT EXPENSE -188,212 |
| 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 | 5405495 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1442904 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1497971 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1731580 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1676513 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 45397 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | AMBASSADORS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 49092 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 49092 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 49092 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 49092 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 3695 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 45397 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 45397 |
| 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 45,397 RENT EXPENSE 188,212 AMBASSADORS EXPENSE -45,397 RENT EXPENSE -188,212 |
| 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 | 14713071 |
| IRS990/TotalAssetsEOYAmt | 0 | 14802392 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 14713071 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 14802392 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 597193 |
| IRS990/TotalEmployeeCnt | 0 | 9 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 78185 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 639922 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 724797 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1442904 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 13287823 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 13322077 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 13287823 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 13322077 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1425248 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1480315 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 724797 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 265524 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 573292 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 323791 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1497971 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 14713071 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 14802392 |
| IRS990/TravelGrp/FundraisingAmt | 0 | 2529 |
| IRS990/TravelGrp/TotalAmt | 0 | 2529 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.