Civic Intelligence

First District Development Company

990 • Fiscal year 2023 • EIN 46-0374958

Oct 01, 2022 to Sep 30, 2023 • Filed on Jan 17, 2024

Organization ProfileWWW.1STDISTRICT.ORG
418 18th Ave NE PO Box 1207Watertown, SD 57201-6207

(605) 882-5115

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.19x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

40th percentile

0.9%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

-2.1%

Faster revenue growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Flat

$3,356,632

Flat from 2023

Net Assets

Flat

$2,854,455

Flat from 2023

Liabilities

Flat

$502,177

Flat from 2023

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin68th percentile

Revenue

Flat

$421,878

Flat from 2023

Expenses

Flat

$359,401

Flat from 2023

Net Income

Flat

$62,477

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,642,202Liabilities 2011: $2,073,877Net Assets 2011: $1,568,3252011Assets 2012: $3,627,306Liabilities 2012: $1,853,023Net Assets 2012: $1,774,2832012Assets 2013: $3,640,548Liabilities 2013: $1,628,737Net Assets 2013: $2,011,8112013Assets 2014: $3,482,838Liabilities 2014: $1,385,087Net Assets 2014: $2,097,7512014Assets 2015: $3,415,617Liabilities 2015: $1,175,130Net Assets 2015: $2,240,4872015Assets 2016: $3,373,866Liabilities 2016: $1,003,561Net Assets 2016: $2,370,3052016Assets 2017: $3,253,924Liabilities 2017: $816,264Net Assets 2017: $2,437,6602017Assets 2018: $3,045,287Liabilities 2018: $614,797Net Assets 2018: $2,430,4902018Assets 2019: $3,146,232Liabilities 2019: $546,745Net Assets 2019: $2,599,4872019Assets 2020: $3,367,710Liabilities 2020: $752,320Net Assets 2020: $2,615,3902020Assets 2021: $3,434,055Liabilities 2021: $680,779Net Assets 2021: $2,753,2762021Assets 2022: $3,325,748Liabilities 2022: $533,770Net Assets 2022: $2,791,9782022Assets 2023: $3,356,632Liabilities 2023: $502,177Net Assets 2023: $2,854,4552023Assets 2023: $3,356,632Liabilities 2023: $502,177Net Assets 2023: $2,854,4552023Assets 2024: $3,604,020Liabilities 2024: $498,496Net Assets 2024: $3,105,5242024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2023

Assets$3,356,632
Liabilities$502,177
Net Assets$2,854,455
Open 2023 Filing

Operations Trend

Revenue Growth34th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $392,356Expenses 2011: $264,789Net Income 2011: $127,5672011Expenses 2012: $289,4262012Expenses 2013: $312,8582013Revenue 2014: $443,759Expenses 2014: $357,819Net Income 2014: $85,9402014Revenue 2015: $501,535Expenses 2015: $358,799Net Income 2015: $142,7362015Revenue 2016: $402,223Expenses 2016: $272,405Net Income 2016: $129,8182016Revenue 2017: $367,167Expenses 2017: $299,812Net Income 2017: $67,3552017Revenue 2018: $374,676Expenses 2018: $381,846Net Income 2018: -$7,1702018Revenue 2019: $492,396Expenses 2019: $323,399Net Income 2019: $168,9972019Revenue 2020: $423,442Expenses 2020: $407,539Net Income 2020: $15,9032020Revenue 2021: $495,328Expenses 2021: $357,441Net Income 2021: $137,8872021Revenue 2022: $430,953Expenses 2022: $392,251Net Income 2022: $38,7022022Revenue 2023: $421,878Expenses 2023: $359,401Net Income 2023: $62,4772023Revenue 2023: $421,878Expenses 2023: $359,401Net Income 2023: $62,4772023Revenue 2024: $590,537Expenses 2024: $339,468Net Income 2024: $251,0692024Revenue 2025: $81,550Expenses 2025: $3,187,074Net Income 2025: -$3,105,5242025

Highlighted filing

2023

Revenue$421,878
Expenses$359,401
Net Income$62,477
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jan 17, 2024
Return Version
2022v5.0
Gross Receipts
$421,878
Mission and Program Overview

Mission

Provide assistance and consultation to loan applicants

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,051,544$2,160,512▲ $108,968
Other Notes and Loans Receivable, Net$767,949$719,791▼ $48,158
Land, Buildings, and Equipment, Net$357,380$348,660▼ $8,720
Accounts Receivable$20,988$22,470▲ $1,482
Total Assets$3,325,748$3,356,632▲ $30,884
Other Assets Total$127,887$105,199▼ $22,688
Liabilities
Mortgage Notes Payable Secured by Investment Property$508,489$449,571▼ $58,918
Accounts Payable and Accrued Expenses$25,281$52,606▲ $27,325
Total Liabilities$533,770$502,177▼ $31,593
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,803,985$1,831,851▲ $27,866
Net Assets With Donor Restrictions$987,993$1,022,604▲ $34,611
Total Net Assets Fund Balance$2,791,978$2,854,455▲ $62,477
Total Liabilities and Net Assets / Fund Balance$3,325,748$3,356,632▲ $30,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$306,425$29,199$335,624
Equipment$6,235$41,028$47,263
Land$36,000-$36,000
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Ben HansonPresident
Jennifer QuailDirector
Kimberly BanksDirector
Lyle GrenzDirector
Molly HeatonDirector
Spencer WhiteDirector
Tim WalterDirector
Amy WaiteExecutive VP
Paul MooreSecretary
Earl PophamTreasurer
Bobbie BohlenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$400,879
Investment Income
$20,999
Other Revenue
$0
Change in Net Assets
$62,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$254,472
Other Expenses$104,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$212,058--$212,058
Fees for Services Accounting$20,156--$20,156
Travel$19,655--$19,655
Payroll Taxes$15,754--$15,754
Other Employee Benefits$15,170--$15,170
Information Technology$13,566--$13,566
Pension Plan Contributions$11,490--$11,490
Office Expenses$11,021--$11,021
Insurance$10,247--$10,247
Depreciation Depletion$9,680--$9,680
Advertising$8,765--$8,765
Other Expenses$3,511--$3,511
Interest$2,748--$2,748
Occupancy$1,657--$1,657
All Other Expenses$-18,605--$-18,605
Total Functional Expenses$359,401$0$0$359,401
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

“Ben hanson 45674 112th street sisseton, sd 57262 bobbie bohlen 13494 minnehaha road wilmot, sd 57279 tim walter po box 1624 watertown, sd 57201 earl popham po box 27 estelline, sd 57234 paul moore 1715 1st avenue ne watertown, sd 57201 kimberly banks 8408 south copper ridge road sioux falls, sd 57108 molly heaton po box 332 watertown, sd 57201 lyle grenz 600 s tayberry ave sioux falls, sd 57106 spencer white 333 dakota ave south huron, sd 57350 jennifer quail 18727 478 ave brandt, sd 57218”

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

“The executive vice president reviewed the form 990 before it was filed.”

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

“Conflicts of interest are reviewed with each loan application request. A checklist is used to determine whether any employee, director, or officer has any real or apparent conflict of interest with the applicant.”

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

“Compensation process for executive vice president (top management official) includes review and approval by the personnel committee of the fddc board of directors annually. Review of performance and comparison data are included in this process.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
First District Development Company
EIN
46-0374958
Phone
6058825115
Address
418 18TH AVE NE PO BOX 1207, WATERTOWN, SD 57201-6207

Signing Officer

Name
Amy Waite
Title
Executive VP
Phone
6088825115
Signed
2024-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Waite
Formed
1982
Legal Domicile
Sd
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
William Neale & Co Pc
Address
304 9TH AVE SE PO BOX 490, WATERTOWN, SD 57201-0490
Preparer
Troy a Hieb
Phone
6058866028
Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMY WAITE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SERVICING INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2FLOAT INTEREST
IRS990/ProgramServiceRevenueGrp/Desc3INTEREST ON INSTALLMENT LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0256175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt172354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245146
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt327204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0256175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327204
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERMEDIARY RELENDING PROGRAM - ESTABLISHES REVOLVING LOAN FUNDS TO LEND MONEY TO BUSINESSES TO ASSIST IN JOB CREATION WITHIN THE REGION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0-5431
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027203
IRS990/ProgSrvcAccomActy3Grp/Desc0REVOLVING LOAN FUND PROGRAM - ESTABLISHES REVOLVING LOAN FUNDS TO LEND MONEY TO BUSINESSES TO ASSIST IN JOB CREATION WITHIN THE REGION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09038
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt09731
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013060
IRS990/PYOtherExpensesAmt0149865
IRS990/PYProgramServiceRevenueAmt0417893
IRS990/PYRevenuesLessExpensesAmt038702
IRS990/PYSalariesCompEmpBnftPaidAmt0242386
IRS990/PYTotalExpensesAmt0392251
IRS990/PYTotalRevenueAmt0430953
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt062477
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0363945
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02051544
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02160512
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020999
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012900
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018793
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt078368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0400879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0417893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0482712
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0410542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0473603
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02185629
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020999
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012900
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018793
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt078368
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.03000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96540
IRS990ScheduleA/PublicSupportPY509Pct00.96540
IRS990ScheduleA/PublicSupportTotal509Amt02185629
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0400879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0417893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0482712
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0410542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0473603
IRS990ScheduleA/Total509Grp/TotalAmt02185629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0421878
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0430953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0495328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0423442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0492396
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02263997
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0306425
IRS990ScheduleD/BuildingsGrp/DepreciationAmt029199
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0335624
IRS990ScheduleD/EquipmentGrp/BookValueAmt06235
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041028
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047263
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0348660
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEN HANSON 45674 112TH STREET SISSETON, SD 57262 BOBBIE BOHLEN 13494 MINNEHAHA ROAD WILMOT, SD 57279 TIM WALTER PO BOX 1624 WATERTOWN, SD 57201 EARL POPHAM PO BOX 27 ESTELLINE, SD 57234 PAUL MOORE 1715 1ST AVENUE NE WATERTOWN, SD 57201 KIMBERLY BANKS 8408 SOUTH COPPER RIDGE ROAD SIOUX FALLS, SD 57108 MOLLY HEATON PO BOX 332 WATERTOWN, SD 57201 LYLE GRENZ 600 S TAYBERRY AVE SIOUX FALLS, SD 57106 SPENCER WHITE 333 DAKOTA AVE SOUTH HURON, SD 57350 JENNIFER QUAIL 18727 478 AVE BRANDT, SD 57218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE VICE PRESIDENT REVIEWED THE FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE REVIEWED WITH EACH LOAN APPLICATION REQUEST. A CHECKLIST IS USED TO DETERMINE WHETHER ANY EMPLOYEE, DIRECTOR, OR OFFICER HAS ANY REAL OR APPARENT CONFLICT OF INTEREST WITH THE APPLICANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR EXECUTIVE VICE PRESIDENT (TOP MANAGEMENT OFFICIAL) INCLUDES REVIEW AND APPROVAL BY THE PERSONNEL COMMITTEE OF THE FDDC BOARD OF DIRECTORS ANNUALLY. REVIEW OF PERFORMANCE AND COMPARISON DATA ARE INCLUDED IN THIS PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03325748
IRS990/TotalAssetsEOYAmt03356632
IRS990/TotalAssetsGrp/BOYAmt03325748
IRS990/TotalAssetsGrp/EOYAmt03356632
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0359401
IRS990/TotalFunctionalExpensesGrp/TotalAmt0359401
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0533770
IRS990/TotalLiabilitiesEOYAmt0502177
IRS990/TotalLiabilitiesGrp/BOYAmt0533770
IRS990/TotalLiabilitiesGrp/EOYAmt0502177
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02791978
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02854455
IRS990/TotalProgramServiceExpensesAmt0359401
IRS990/TotalProgramServiceRevenueAmt0400879
IRS990/TotalRevenueGrp/ExclusionAmt020999
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0400879
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0421878
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03325748
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03356632
IRS990/TravelGrp/ProgramServicesAmt019655
IRS990/TravelGrp/TotalAmt019655
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0418 18TH AVE NE
IRS990/USAddress/CityNm0WATERTOWN
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd0572016207
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.1STDISTRICT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY WAITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE VP
ReturnHeader/BusinessOfficerGrp/PhoneNum06088825115
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST DISTRICT DEVELOPMENT COMPANY

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,356,632
Liabilities
$502,177
Net assets
$2,854,455
Revenue
$421,878
Expenses
$359,401
Net income
$62,477
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.08$3.19$3.11
2024Summary only. Only limited summary data is available for this year.$3.60$0.50$3.11$0.59$0.34$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.36$0.50$2.85$0.42$0.36$0.06
2023Summary only. Only limited summary data is available for this year.$3.36$0.50$2.85$0.42$0.36$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.53$2.79$0.43$0.39$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.68$2.75$0.50$0.36$0.14
2020Summary only. Only limited summary data is available for this year.$3.37$0.75$2.62$0.42$0.41$0.02
2019Summary only. Only limited summary data is available for this year.$3.15$0.55$2.60$0.49$0.32$0.17
2018Summary only. Only limited summary data is available for this year.$3.05$0.61$2.43$0.37$0.38$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.82$2.44$0.37$0.30$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$1.00$2.37$0.40$0.27$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.42$1.18$2.24$0.50$0.36$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.48$1.39$2.10$0.44$0.36$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$1.63$2.01$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$1.85$1.77$0.29
2011Summary only. Only limited summary data is available for this year.$3.64$2.07$1.57$0.39$0.26$0.13