Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
990EZ • Fiscal year 2015 • EIN 46-0416280
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Up$177,531
Up $13,119 (+8.0%) from 2014
Net Assets
Up$166,953
Up $17,014 (+11%) from 2014
Liabilities
Down$10,578
Down $3,895 (-27%) from 2014
Revenue
Up$111,407
Up $2,649 (+2.4%) from 2014
Expenses
Down$94,393
Down $11,420 (-11%) from 2014
Net Income
Up$17,014
Up $14,069 (+478%) from 2014
Promotion of industrial/commercial development
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $94,393 |
| PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NICK FOSHEIM | Executive Di | PT | $0 | - | - |
| MIKE WENDLAND | President | - | $0 | - | - |
| DENNIS OLSON | Secr./Treas. | - | $0 | - | - |
| TERRY EBRIGHT | Vice-Preside | - | $0 | - | - |
| RYAN FODS | Board Member | - | $0 | - | - |
| MARV WIEMAN | Board Member | - | $0 | - | - |
| TERESA SIDEL | Board Member | - | $0 | - | - |
| JEFF BARTH | Board Member | - | $0 | - | - |
| DON JOHNSON | Board Member | - | $0 | - | - |
| ERIC KROUSE | Board Member | - | $0 | - | - |
| MIKE GERAETS | Board Member | - | $0 | - | - |
| JASON PITTMAN | Board Member | - | $0 | - | - |
| ADAM LUND | Board Member | - | $0 | - | - |
| DWAYNE JACOBSON | Board Member | - | $0 | - | - |
| GERRY KARPEN | Board Member | - | $0 | - | - |
| JOE ANDERSON | Board Member | - | $0 | - | - |
“Expenses promote future development 1,360 contract fees 92,755 other losses 158 non-investment depreciation 120 total 94,393”
“Accounts receivable 3,375 1,800 equipment 596 596 less accumulated depreciation 427 547 total 3,544 1,849”
“Accounts payable and accrued expenses 10,873 10,578 deferred revenue 3,600 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.”
“Promotion of industrial/commercial development”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DENNIS OLSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6055826515 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 95 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BRANDON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57005 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 160868 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 175682 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 17014 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 164412 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 177531 |
| IRS990EZ/GrossReceiptsAmt | 0 | 111407 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 82 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 111325 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 149939 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 166953 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 149939 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 166953 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 11 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 12 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 13 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 14 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 15 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 12 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 13 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 14 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 15 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NICK FOSHEIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MIKE WENDLAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENNIS OLSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TERRY EBRIGHT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RYAN FODS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARV WIEMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | TERESA SIDEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JEFF BARTH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | DON JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | ERIC KROUSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | MIKE GERAETS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | JASON PITTMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 12 | ADAM LUND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 13 | DWAYNE JACOBSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 14 | GERRY KARPEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 15 | JOE ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECR./TREAS. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE-PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 15 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3544 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1849 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 94393 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 94393 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 14473 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10578 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 94393 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 94393 |
| IRS990EZ/TotalRevenueAmt | 0 | 111407 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES PROMOTE FUTURE DEVELOPMENT 1,360 CONTRACT FEES 92,755 OTHER LOSSES 158 NON-INVESTMENT DEPRECIATION 120 TOTAL 94,393 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 3,375 1,800 EQUIPMENT 596 596 LESS ACCUMULATED DEPRECIATION 427 547 TOTAL 3,544 1,849 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,873 10,578 DEFERRED REVENUE 3,600 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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/SupplementalInformationDetail/ExplanationTxt | 4 | PROMOTION OF INDUSTRIAL/COMMERCIAL DEVELOPMENT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NICK FOSHEIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6053390103 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-03-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MINNEHAHA COUNTY ECONOMIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MINN |
| ReturnHeader/Filer/EIN | 0 | 460416280 |
| ReturnHeader/Filer/PhoneNum | 0 | 6053390103 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 N PHILLIPS AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SIOUX FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 571010907 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 460398923 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WOLTMAN GROUP PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7001 S LYNCREST PLACE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SIOUX FALLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 57108 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6053611200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-03-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAWN Q BLOM |
| ReturnHeader/ReturnTs | 0 | 2016-03-01T14:38:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-09-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.