Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
990EZ • Fiscal year 2016 • EIN 46-0416280
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% 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
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Assets
Up$196,997
Up $19,466 (+11%) from 2015
Net Assets
Up$183,527
Up $16,574 (+9.9%) from 2015
Liabilities
Up$13,470
Up $2,892 (+27%) from 2015
Revenue
Up$120,362
Up $8,955 (+8.0%) from 2015
Expenses
Up$103,788
Up $9,395 (+10.0%) from 2015
Net Income
Down$16,574
Down $440 (-2.6%) from 2015
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. | - | $103,788 |
| 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 | - | - |
| JESSE FONKERT | Board Member | - | $0 | - | - |
| GERALD BENINGA | 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 | - | - |
| RICHELLE HOFER | Board Member | - | $0 | - | - |
| GERRY KARPEN | Board Member | - | $0 | - | - |
| JOE ANDERSON | Board Member | - | $0 | - | - |
“Expenses promote future development 55 contract fees 103,516 miscellaneous 17 non-investment depreciation 200 total 103,788”
“Accounts receivable 1,800 0 equipment 596 1,502 less accumulated depreciation 547 747 total 1,849 755”
“Accounts payable and accrued expenses 10,578 13,470”
“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 | 175682 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 196242 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16574 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 177531 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 196997 |
| IRS990EZ/GrossReceiptsAmt | 0 | 120362 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4462 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 115900 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 166953 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 183527 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 166953 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 183527 |
| 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 | JESSE FONKERT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | GERALD BENINGA |
| 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 | RICHELLE HOFER |
| 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 | 1849 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 755 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 103788 |
| 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 | 103788 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10578 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13470 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 103788 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 103788 |
| IRS990EZ/TotalRevenueAmt | 0 | 120362 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES PROMOTE FUTURE DEVELOPMENT 55 CONTRACT FEES 103,516 MISCELLANEOUS 17 NON-INVESTMENT DEPRECIATION 200 TOTAL 103,788 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 1,800 0 EQUIPMENT 596 1,502 LESS ACCUMULATED DEPRECIATION 547 747 TOTAL 1,849 755 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,578 13,470 |
| 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 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NICK FOSHEIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6053390103 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-02-21 |
| 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 | 571082599 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6053611200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-02-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAWN Q BLOM |
| ReturnHeader/ReturnTs | 0 | 2017-04-26T15:30:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-09-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
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