Civic Intelligence

Black Hills Community Economic Development Inc

990 • Fiscal year 2017 • EIN 46-0361483

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 23, 2017

Organization ProfileWWW.BHCED.ORG
PO Box 218Sturgis, SD 57785

(605) 347-5837

Siviq Scores

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

Liabilities / Assets

27th percentile

0.05x

Higher debt load relative to assets than 27% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.12x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

46th percentile

2.8%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$35,985

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

19th percentile

-4.8%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

0.0%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$1,382,455

Down $69,668 (-4.8%) from 2016

Net Assets

Down

$1,315,877

Down $56,795 (-4.1%) from 2016

Liabilities

Down

$66,578

Down $12,873 (-16%) from 2016

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin46th percentile

Revenue

Up

$539,146

Up $87 (+0.0%) from 2016

Expenses

Up

$524,019

Up $71,509 (+16%) from 2016

Net Income

Down

$15,127

Down $71,422 (-83%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,229,081Liabilities 2010: $59,795Net Assets 2010: $1,169,2862010Assets 2011: $1,389,418Liabilities 2011: $149,306Net Assets 2011: $1,240,1122011Assets 2012: $1,342,340Liabilities 2012: $64,505Net Assets 2012: $1,277,8352012Assets 2013: $1,331,425Liabilities 2013: $81,670Net Assets 2013: $1,249,7552013Assets 2014: $1,311,737Liabilities 2014: $60,561Net Assets 2014: $1,251,1762014Assets 2015: $1,331,900Liabilities 2015: $46,495Net Assets 2015: $1,285,4052015Assets 2016: $1,452,123Liabilities 2016: $79,451Net Assets 2016: $1,372,6722016Assets 2017: $1,382,455Liabilities 2017: $66,578Net Assets 2017: $1,315,8772017Assets 2018: $1,467,167Liabilities 2018: $72,199Net Assets 2018: $1,394,9682018Assets 2019: $1,534,066Liabilities 2019: $113,781Net Assets 2019: $1,420,2852019Assets 2020: $1,601,976Liabilities 2020: $129,040Net Assets 2020: $1,472,9362020Assets 2021: $2,495,222Liabilities 2021: $154,192Net Assets 2021: $2,341,0302021Assets 2022: $2,883,121Liabilities 2022: $186,556Net Assets 2022: $2,696,5652022Assets 2023: $2,814,410Liabilities 2023: $80,968Net Assets 2023: $2,733,4422023

Highlighted filing

2017

Assets$1,382,455
Liabilities$66,578
Net Assets$1,315,877
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $336,501Expenses 2010: $346,937Net Income 2010: -$10,4362010Revenue 2011: $452,300Expenses 2011: $382,709Net Income 2011: $69,5912011Expenses 2012: $356,4852012Expenses 2013: $456,1962013Revenue 2014: $432,882Expenses 2014: $430,471Net Income 2014: $2,4112014Revenue 2015: $344,520Expenses 2015: $309,580Net Income 2015: $34,9402015Revenue 2016: $539,059Expenses 2016: $452,510Net Income 2016: $86,5492016Revenue 2017: $539,146Expenses 2017: $524,019Net Income 2017: $15,1272017Revenue 2018: $529,092Expenses 2018: $450,001Net Income 2018: $79,0912018Revenue 2019: $541,377Expenses 2019: $516,060Net Income 2019: $25,3172019Revenue 2020: $653,661Expenses 2020: $601,010Net Income 2020: $52,6512020Revenue 2021: $1,560,203Expenses 2021: $692,109Net Income 2021: $868,0942021Revenue 2022: $972,630Expenses 2022: $617,095Net Income 2022: $355,5352022Revenue 2023: $538,388Expenses 2023: $501,511Net Income 2023: $36,8772023

Highlighted filing

2017

Revenue$539,146
Expenses$524,019
Net Income$15,127
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 23, 2017
Return Version
2016v3.1
Gross Receipts
$539,146
Mission and Program Overview

Mission

Promote economic development in state of south dakota and the rapid city/ black hills region.

Promote economic development in the state of south dakota and the rapid city/black hills regional trade zone within a 200 mile radius to include contiguous counties in nebraska and wyoming and provide technical assistance to aid in economic base expansion including the administration of a revolving loan program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$691,337$791,586▲ $100,249
Savings and Temporary Cash Investments$643,053$297,452▼ $345,601
Cash and Non-Interest-Bearing Accounts$53,157$60,418▲ $7,261
Investments in Publicly Traded Securities$51,184$53,542▲ $2,358
Accounts Receivable$8,254$22,657▲ $14,403
Prepaid Expenses and Deferred Charges$5,138$4,639▼ $499
Total Assets$1,452,123$1,382,455▼ $69,668
Other Assets Total-$152,161-
Liabilities
Accounts Payable and Accrued Expenses$79,451$59,630▼ $19,821
Other Liabilities-$6,948-
Total Liabilities$79,451$66,578▼ $12,873
Net Assets / Fund Balance
Permanently Rstr Net Assets$799,539$799,539→ $0
Unrestricted Net Assets$457,321$408,671▼ $48,650
Temporarily Rstr Net Assets$115,812$107,667▼ $8,145
Total Net Assets Fund Balance$1,372,672$1,315,877▼ $56,795
Total Liabilities and Net Assets / Fund Balance$1,452,123$1,382,455▼ $69,668

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,539$2,539
Other Assets Org$152,161--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Blaise EmersonExecutive DiPT$35,985$35,985

Board Members and Trustees

NameTitle
Bob DewaldPresident
Kelly MillerPresident
Ben SnowBoard Member
Bob MorrisBoard Member
Heidi McbrideBoard Member
James MortensonBoard Member
Jim DoolittleBoard Member
Kayce GerlachBoard Member
Matt WaltersBoard Member
Alexis DemerssemanExecutive Di
Bill TermesSecretary/tr
Candi ThomsonSecretary/tr
Kevin DietzVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
West River FoundationManagementPO BOX 605, Sturgis, SD 57785$272,694
Revenue and Support

Revenue Composition

Contributions and Grants
$39,358
Program Service Revenue
$497,610
Investment Income
$642
Other Revenue
$1,536
Change in Net Assets
$15,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$539,146
Revenue Not Reported on Form 990
$2,666
Total Revenue per Audited Statements
$541,812
Total Revenue per Form 990
$539,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$524,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$33,926
Fees for Services Accounting---$11,481
Conferences and Meetings---$10,686
Insurance---$9,146
Office Expenses---$8,773
All Other Expenses---$6,325
Travel---$1,953
Advertising---$1,081
Fees for Services Legal---$1,025
Total Functional Expenses$0$0$0$524,019

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$524,019
Total Expenses per Audited Statements$524,019
Total Expenses per Form 990$524,019
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Black Hills Business Council$6,948
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization contracts with west river foundation, a non-profit corporation, to provide administrative services for the lawrence county revolving loan funds through the west river business service center. The organization also contracts with west river foundation to provide general administrative services for 90 percent of certain net revenues of the organization. West river foundation, then contracts with black hills special services cooperative (bhssc) for management services.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the executive director and board members prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Any conflicts of interest are reported to the board of directors for discussion and appropriate action.”

Form 990, Page 6, Part VI, Line 15A

“Executive director compensation is a component of the management agreement with west river foundation is reviewed annually by the entire board of directors as part the budgeting process.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Black Hills Community Economic
EIN
46-0361483
Phone
6053475837
Address
PO BOX 218, STURGIS, SD 57785

Signing Officer

Name
Alexis Demersseman
Title
Executive Director
Phone
6053475837
Signed
2017-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexis Demersseman
Formed
1981
Legal Domicile
Sd
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer
Nina Braun CPA
Phone
6053425630
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Prior period change in accruals -74,588 accrued contract services and management contract expense were understated by 74,588 at september 30, 2016 due to a miscalculation of the management fee. This error was not discovered until after the prior year financial statements and tax return had been issued. The prior tax return was not amended.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization believes that there are no significant uncertain tax positions or liabilities.”

Schedule D, Page 4, Part XIII

“The organization is required to maintain restricted cash accounts for the revolving loan program for program lending activities. Restricted cash for this program totaled 152,161 at september 30, 2017.”

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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0152161
IRS990/OtherChangesInNetAssetsAmt0-74588
IRS990/OtherExpensesGrp/Desc0MANAGEMENT CONTRACT
IRS990/OtherExpensesGrp/Desc1FEES
IRS990/OtherExpensesGrp/Desc2LOAN FUND ADMINISTRATION
IRS990/OtherExpensesGrp/Desc3ECONOMIC ALLIANCE EXPENSE
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IRS990/OtherExpensesGrp/TotalAmt1154584
IRS990/OtherExpensesGrp/TotalAmt246862
IRS990/OtherExpensesGrp/TotalAmt333926
IRS990/OtherLiabilitiesGrp/EOYAmt06948
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01536
IRS990/OtherRevenueTotalAmt01536
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0691337
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0791586
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0799539
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0799539
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05138
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04639
IRS990/PrincipalOfficerNm0ALEXIS DEMERSSEMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN CLOSING FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN SERVICING
IRS990/ProgramServiceRevenueGrp/Desc2LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc3LOAN CLOSING FEES- OTHER
IRS990/ProgramServiceRevenueGrp/Desc4LATE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0250137
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1208564
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236709
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0250137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1208564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236709
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4400
IRS990/ProgSrvcAccomActy2Grp/Desc0ADMINISTERS THE LAWRENCE COUNTY REVOLVING LOAN PROGRAM. LOANS WERE FUNDING THROUGH A GRANT FROM THE US DEPARTMENT OF COMMERCE ECONOMIC DEVELOPMENT ADMINISTRATION AND LAWRENCE COUNTY.
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IRS990/PYContributionsGrantsAmt059044
IRS990/PYGrantsAndSimilarPaidAmt041569
IRS990/PYInvestmentIncomeAmt0666
IRS990/PYOtherExpensesAmt0410941
IRS990/PYOtherRevenueAmt01271
IRS990/PYProgramServiceRevenueAmt0478078
IRS990/PYRevenuesLessExpensesAmt086549
IRS990/PYTotalExpensesAmt0452510
IRS990/PYTotalRevenueAmt0539059
IRS990/ReconcilationRevenueExpnssAmt015127
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0643053
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0297452
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02539
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02539
IRS990ScheduleD/ExpensesSubtotalAmt0524019
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02666
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0152161
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BLACK HILLS BUSINESS COUNCIL
IRS990ScheduleD/RevenueNotReportedAmt02666
IRS990ScheduleD/RevenueSubtotalAmt0539146
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS REQUIRED TO MAINTAIN RESTRICTED CASH ACCOUNTS FOR THE REVOLVING LOAN PROGRAM FOR PROGRAM LENDING ACTIVITIES. RESTRICTED CASH FOR THIS PROGRAM TOTALED 152,161 AT SEPTEMBER 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0152161
IRS990ScheduleD/TotalExpensesPerForm990Amt0524019
IRS990ScheduleD/TotalLiabilityAmt06948
IRS990ScheduleD/TotalRevenuePerForm990Amt0539146
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0541812
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0524019
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTS WITH WEST RIVER FOUNDATION, A NON-PROFIT CORPORATION, TO PROVIDE ADMINISTRATIVE SERVICES FOR THE LAWRENCE COUNTY REVOLVING LOAN FUNDS THROUGH THE WEST RIVER BUSINESS SERVICE CENTER. THE ORGANIZATION ALSO CONTRACTS WITH WEST RIVER FOUNDATION TO PROVIDE GENERAL ADMINISTRATIVE SERVICES FOR 90 PERCENT OF CERTAIN NET REVENUES OF THE ORGANIZATION. WEST RIVER FOUNDATION, THEN CONTRACTS WITH BLACK HILLS SPECIAL SERVICES COOPERATIVE (BHSSC) FOR MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD OF DIRECTORS FOR DISCUSSION AND APPROPRIATE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR COMPENSATION IS A COMPONENT OF THE MANAGEMENT AGREEMENT WITH WEST RIVER FOUNDATION IS REVIEWED ANNUALLY BY THE ENTIRE BOARD OF DIRECTORS AS PART THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD CHANGE IN ACCRUALS -74,588 ACCRUED CONTRACT SERVICES AND MANAGEMENT CONTRACT EXPENSE WERE UNDERSTATED BY 74,588 AT SEPTEMBER 30, 2016 DUE TO A MISCALCULATION OF THE MANAGEMENT FEE. THIS ERROR WAS NOT DISCOVERED UNTIL AFTER THE PRIOR YEAR FINANCIAL STATEMENTS AND TAX RETURN HAD BEEN ISSUED. THE PRIOR TAX RETURN WAS NOT AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0107667
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01452123
IRS990/TotalAssetsEOYAmt01382455
IRS990/TotalAssetsGrp/BOYAmt01452123
IRS990/TotalAssetsGrp/EOYAmt01382455
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt039358
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0524019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079451
IRS990/TotalLiabilitiesEOYAmt066578
IRS990/TotalLiabilitiesGrp/BOYAmt079451
IRS990/TotalLiabilitiesGrp/EOYAmt066578
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01372672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01315877
IRS990/TotalOtherCompensationAmt02181
IRS990/TotalProgramServiceRevenueAmt0497610
IRS990/TotalRevenueGrp/ExclusionAmt0642
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0499146
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0539146
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01452123
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01382455
IRS990/TotReportableCompRltdOrgAmt033804
IRS990/TravelGrp/TotalAmt01953
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0457321
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0408671
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 218
IRS990/USAddress/CityNm0STURGIS
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IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.BHCED.ORG
IRS990/WhistleblowerPolicyInd0false
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ReturnHeader/BusinessOfficerGrp/PersonNm0ALEXIS DEMERSSEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06053475837
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLACK HILLS COMMUNITY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAPID CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
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ReturnHeader/PreparerPersonGrp/PhoneNum06053425630
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NINA BRAUN CPA

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,382,455
Liabilities
$66,578
Net assets
$1,315,877
Revenue
$539,146
Expenses
$524,019
Net income
$15,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.81$0.08$2.73$0.54$0.50$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.19$2.70$0.97$0.62$0.36
2021Summary only. Only limited summary data is available for this year.$2.50$0.15$2.34$1.56$0.69$0.87
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.13$1.47$0.65$0.60$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.11$1.42$0.54$0.52$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.07$1.39$0.53$0.45$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.07$1.32$0.54$0.52$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.45$0.08$1.37$0.54$0.45$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.05$1.29$0.34$0.31$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.31$0.06$1.25$0.43$0.43$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.08$1.25$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.06$1.28$0.36
2011Summary only. Only limited summary data is available for this year.$1.39$0.15$1.24$0.45$0.38$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.06$1.17$0.34$0.35$0.01