Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Minnehaha County Economic Development Association
990EZ • Fiscal year 2013 • EIN 46-0416280
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Balance Sheet
Assets
Up$153,202
Up $17,557 (+13%) from 2012
Net Assets
Up$146,994
Up $17,560 (+14%) from 2012
Liabilities
Down$6,208
Down $3 (-0.0%) from 2012
Revenue And Expenses
Revenue
Down$106,937
Down $25,234 (-19%) from 2012
Expenses
Down$89,379
Down $42,768 (-32%) from 2012
Net Income
Up$17,558
Up $17,534 (+73058%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2012 to Sep 30, 2013
- Signed
- Jan 27, 2014
- Return Version
- 2012v2.3
Mission and Program Overview
Mission
Promotion of industrial/commercial development
Filing and Contact Details
Filer
- EIN
- 46-0416280
Raw XML Appendix178 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.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/Compensation/PersonName | 0 | NICK FOSHEIM |
| CompensationExplanation/Compensation/PersonName | 1 | MIKE WENDLAND |
| CompensationExplanation/Compensation/PersonName | 2 | DENNIS OLSON |
| CompensationExplanation/Compensation/PersonName | 3 | TERRY EBRIGHT |
| CompensationExplanation/Compensation/PersonName | 4 | RYAN FODS |
| CompensationExplanation/Compensation/PersonName | 5 | MARV WIEMAN |
| CompensationExplanation/Compensation/PersonName | 6 | GARY SANDHOLM |
| CompensationExplanation/Compensation/PersonName | 7 | JOHN PEKAS |
| CompensationExplanation/Compensation/PersonName | 8 | DON JOHNSON |
| CompensationExplanation/Compensation/PersonName | 9 | ERIC KROUSE |
| CompensationExplanation/Compensation/PersonName | 10 | MIKE GERAETS |
| CompensationExplanation/Compensation/PersonName | 11 | JASON PITTMANN |
| CompensationExplanation/Compensation/PersonName | 12 | DAWN HAHN |
| CompensationExplanation/Compensation/PersonName | 13 | DWAYNE JACOBSEN |
| CompensationExplanation/Compensation/PersonName | 14 | NEIL WINTERTON |
| CompensationExplanation/Compensation/PersonName | 15 | JOE ANDERSON |
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 119090 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 129077 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 4055 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 17558 |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/GrossReceipts | 0 | 106937 |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartIII | 0 | X |
| IRS990EZ/InvestmentIncome | 0 | 54 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MembershipDues | 0 | 102828 |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 129436 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 129436 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 146994 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 146994 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 10 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 11 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 12 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 13 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 14 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 15 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 12 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 13 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 14 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 15 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | NICK FOSHEIM |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | MIKE WENDLAND |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | DENNIS OLSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | TERRY EBRIGHT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | RYAN FODS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 5 | MARV WIEMAN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 6 | GARY SANDHOLM |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 7 | JOHN PEKAS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 8 | DON JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 9 | ERIC KROUSE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 10 | MIKE GERAETS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 11 | JASON PITTMANN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 12 | DAWN HAHN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 13 | DWAYNE JACOBSEN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 14 | NEIL WINTERTON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 15 | JOE ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | SECRE/TREAS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | VICE-PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 8 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 9 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 10 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 11 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 12 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 13 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 14 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 15 | BOARD MEMBER |
| IRS990EZ/Organization501c | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherAssetsTotal/BOY | 0 | 16555 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 24125 |
| IRS990EZ/OtherExpensesTotal | 0 | 89379 |
| IRS990EZ/PrimaryExemptPurpose | 0 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | THE MINNEHAHA COUNTY ECONOMIC DEVELOPMENT ASSOCIATION (MCEDA) DOES NOT HAVE A PHYSICAL OFFICE SPACE OR ANY EMPLOYEES. RATHER THEY ENTER INTO A CONTRACTUAL AGREEMENT ON AN ANNUAL BASIS WITH THE SIOUX FALLS DEVELOPMENT FOUNDATION (SFDF) FOR THOSE PURPOSES. THE FINAL CONTRACT AMOUNT IS DIVIDED INTO TWELVE MONTHLY PAYMENTS WHICH ARE HELD IN A SEPARATE ACCOUNT BY THE SFDF AND USED TO PAY MCEDA'S ONGOING EXPENSES WHICH INCLUDE: SALARY & BENEFITS, OFFICE RENT, SUPPORT STAFF, TRAVEL EXPENSES, OFFICE EQUIPMENT, MARKETING, TELEPHONE, CONSUMABLE OFFICE SUPPLIES, ETC. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 1 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 85205 |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 1 | 4174 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 6209 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 6208 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | PO BOX 95 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | BRANDON |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | SD |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 57005 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | DENNIS OLSON |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 6055826515 |
| IRS990EZ/TotalAssets/BOY | 0 | 135645 |
| IRS990EZ/TotalAssets/EOY | 0 | 153202 |
| IRS990EZ/TotalExpenses | 0 | 89379 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 89379 |
| IRS990EZ/TotalRevenue | 0 | 106937 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/WebSite | 0 | N/A |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | EXPENSES PROMOTING FUTURE DEVELOPMENT 4,055 CONTRACT FEES 85,088 MISCELLANEOUS EXPENSE 117 NON-INVESTMENT DEPRECIATION 119 TOTAL 89,379 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | ACCOUNTS RECEIVABLE 0 6,356 OTHER NOTES AND LOANS 4,265 0 PREPAID EXPENSES AND DEFERRED CHARGES 11,883 17,481 VEHICLE 596 596 LESS ACCUMULATED DEPRECIATION 189 308 TOTAL 16,555 24,125 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,209 6,208 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE MINNEHAHA COUNTY ECONOMIC DEVELOPMENT ASSOCIATION (MCEDA) DOES NOT HAVE A PHYSICAL OFFICE SPACE OR ANY EMPLOYEES. RATHER THEY ENTER INTO A CONTRACTUAL AGREEMENT ON AN ANNUAL BASIS WITH THE SIOUX FALLS DEVELOPMENT FOUNDATION (SFDF) FOR THOSE PURPOSES. THE FINAL CONTRACT AMOUNT IS DIVIDED INTO TWELVE MONTHLY PAYMENTS WHICH ARE HELD IN A SEPARATE ACCOUNT BY THE SFDF AND USED TO PAY MCEDA'S ONGOING EXPENSES WHICH INCLUDE: SALARY & BENEFITS, OFFICE RENT, SUPPORT STAFF, TRAVEL EXPENSES, OFFICE EQUIPMENT, MARKETING, TELEPHONE, CONSUMABLE OFFICE SUPPLIES, ETC. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | OTHER EXPENSES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | OTHER ASSETS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | OTHER LIABILITIES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | FIRST ACCOMPLISHMENT |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | ALL OTHER ACCOMPLISHMENT |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/Filer/EIN | 0 | 460416280 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | MINNEHAHA COUNTY ECONOMIC |
| ReturnHeader/Filer/Name/BusinessNameLine2 | 0 | DEVELOPMENT ASSOCIATION |
| ReturnHeader/Filer/NameControl | 0 | MINN |
| ReturnHeader/Filer/Phone | 0 | 6055826515 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 200 N PHILLIPS AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | SIOUX FALLS |
| ReturnHeader/Filer/USAddress/State | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 571010907 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | false |
| ReturnHeader/Officer/DateSigned | 0 | 2014-01-27 |
| ReturnHeader/Officer/Name | 0 | DENNIS OLSON |
| ReturnHeader/Officer/Phone | 0 | 6055826515 |
| ReturnHeader/Officer/Title | 0 | SECRETARY/TREASURER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2014-01-27 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | WOLTMAN VAN KEKERIX & STOTZ PC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 4500 S TECHNOLOGY DR |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | SIOUX FALLS |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | SD |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 571064214 |
| ReturnHeader/Preparer/Name | 0 | TIM D STOTZ |
| ReturnHeader/Preparer/Phone | 0 | 6053611200 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-10-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2013-09-30 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2014-02-03T18:29:46-06:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $153,202
- Liabilities
- $6,208
- Net assets
- $146,994
- Revenue
- $106,937
- Expenses
- $89,379
- Net income
- $17,558