Civic Intelligence

Minnehaha County Economic Development Association

990EZ • Fiscal year 2017 • EIN 46-0416280

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 02, 2018

Organization ProfileSIOUXFALLSDEVELOPMENT.COM/MCEDA.CFM
PO Box 907Sioux Falls, SD 57101

(605) 339-0103

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.09x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.18x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-3.0%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$220,977

Up $23,980 (+12%) from 2016

Net Assets

Up

$200,070

Up $16,543 (+9.0%) from 2016

Liabilities

Up

$20,907

Up $7,437 (+55%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin76th percentile

Revenue

Down

$116,718

Down $3,644 (-3.0%) from 2016

Expenses

Down

$100,174

Down $3,614 (-3.5%) from 2016

Net Income

Down

$16,544

Down $30 (-0.2%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$300K$200K$100K$0Assets 2010: $122,663Liabilities 2010: $3,450Net Assets 2010: $119,2132010Assets 2011: $140,064Liabilities 2011: $10,651Net Assets 2011: $129,4132011Assets 2012: $135,645Liabilities 2012: $6,211Net Assets 2012: $129,4342012Assets 2013: $153,202Liabilities 2013: $6,208Net Assets 2013: $146,9942013Assets 2014: $164,412Liabilities 2014: $14,473Net Assets 2014: $149,9392014Assets 2015: $177,531Liabilities 2015: $10,578Net Assets 2015: $166,9532015Assets 2016: $196,997Liabilities 2016: $13,470Net Assets 2016: $183,5272016Assets 2017: $220,977Liabilities 2017: $20,907Net Assets 2017: $200,0702017Assets 2018: $204,064Liabilities 2018: $3,257Net Assets 2018: $200,8072018Assets 2019: $221,183Liabilities 2019: $18,760Net Assets 2019: $202,4232019Assets 2020: $233,453Liabilities 2020: $9,252Net Assets 2020: $224,2012020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$220,977
Liabilities$20,907
Net Assets$200,070
Open 2017 Filing

Operations Trend

Revenue Growth41st percentile

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

$400K$200K$0-$200K-$400KRevenue 2010: $91,110Expenses 2010: $103,795Net Income 2010: -$12,6852010Revenue 2011: $140,490Expenses 2011: $130,290Net Income 2011: $10,2002011Revenue 2012: $132,171Expenses 2012: $132,147Net Income 2012: $242012Revenue 2013: $106,937Expenses 2013: $89,379Net Income 2013: $17,5582013Revenue 2014: $108,758Expenses 2014: $105,813Net Income 2014: $2,9452014Revenue 2015: $111,407Expenses 2015: $94,393Net Income 2015: $17,0142015Revenue 2016: $120,362Expenses 2016: $103,788Net Income 2016: $16,5742016Revenue 2017: $116,718Expenses 2017: $100,174Net Income 2017: $16,5442017Revenue 2018: $118,346Expenses 2018: $117,610Net Income 2018: $7362018Revenue 2019: $124,593Expenses 2019: $121,633Net Income 2019: $2,9602019Revenue 2020: $124,873Expenses 2020: $103,096Net Income 2020: $21,7772020Revenue 2021: $133,376Expenses 2021: $357,576Net Income 2021: -$224,2002021

Highlighted filing

2017

Revenue$116,718
Expenses$100,174
Net Income$16,544
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 2, 2018
Return Version
2016v3.1
Gross Receipts
$116,718
Mission and Program Overview

Mission

Promotion of industrial/commercial development

ECONOMIC DEVELOPMENT

Program Services

DescriptionGrantsExpenses
FURTHERANCE OF ECONOMIC DEVELOPMENT OF MINNEHAHA COUNTY, SD. THE PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF MINNEHAHA COUNTY, SD.-$100,174
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK FOSHEIMExecutive DiPT$0--
MIKE WENDLANDPresident-$0--
DENNIS OLSONSecr./Treas.-$0--
TERRY EBRIGHTVice-Preside-$0--
RYAN FODSBoard Member-$0--
MARV WIEMANBoard Member-$0--
JESSE FONKERTBoard Member-$0--
DEAN KARSKYBoard Member-$0--
DON JOHNSONBoard Member-$0--
ERIC KROUSEBoard Member-$0--
MIKE GERAETSBoard Member-$0--
JASON PITTMANBoard Member-$0--
ADAM LUNDBoard Member-$0--
RICHELLE HOFERBoard Member-$0--
GERRY KARPENBoard Member-$0--
JOE ANDERSONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Minnehaha County Economic
EIN
46-0416280
Phone
6053390103
Address
PO BOX 907, SIOUX FALLS, SD 57101

Signing Officer

Name
Nick Fosheim
Title
Executive Director
Phone
6055826515
Signed
2018-03-02

Preparer

Firm
Woltman Group Pc
Address
7001 S LYNCREST PLACE, SIOUX FALLS, SD 57108-2599
Preparer
Shawn Q Blom
Phone
6053611200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses promote future development 1,000 contract fees 98,832 miscellaneous 161 non-investment depreciation 181 total 100,174”

Form 990-ez, Part II, Line 24

“Equipment 1,502 1,502 less accumulated depreciation 747 928 total 755 574”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 13,471 20,907”

Raw XML Appendix153 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRANDON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057005
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0196242
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IRS990EZ/ContributionsGiftsGrantsEtcAmt02500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016544
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0220977
IRS990EZ/GrossReceiptsAmt0116718
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0368
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0113850
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt121.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt131.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt141.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt151.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICK FOSHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIKE WENDLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DENNIS OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TERRY EBRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RYAN FODS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARV WIEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JESSE FONKERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DEAN KARSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DON JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ERIC KROUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MIKE GERAETS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JASON PITTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12ADAM LUND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13RICHELLE HOFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14GERRY KARPEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15JOE ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECR./TREAS.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0755
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0574
IRS990EZ/OtherExpensesTotalAmt0100174
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FURTHERANCE OF ECONOMIC DEVELOPMENT OF MINNEHAHA COUNTY, SD. THE PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF MINNEHAHA COUNTY, SD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0100174
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TotalProgramServiceExpensesAmt0100174
IRS990EZ/TotalRevenueAmt0116718
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SIOUXFALLSDEVELOPMENT.COM/MCEDA.CFM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTE FUTURE DEVELOPMENT 1,000 CONTRACT FEES 98,832 MISCELLANEOUS 161 NON-INVESTMENT DEPRECIATION 181 TOTAL 100,174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 1,502 1,502 LESS ACCUMULATED DEPRECIATION 747 928 TOTAL 755 574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,471 20,907
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK FOSHEIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06055826515
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNEHAHA COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0460416280
ReturnHeader/Filer/PhoneNum06053390103
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 907
ReturnHeader/Filer/USAddress/CityNm0SIOUX FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057101
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CEAC8AA291842705D814F478112F2C272F42B546
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId052DF0C8CDEF6DF1C59B0877A112BA10B98D6F2FC
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460398923
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOLTMAN GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07001 S LYNCREST PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571082599
ReturnHeader/PreparerPersonGrp/PhoneNum06053611200
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN Q BLOM
ReturnHeader/ReturnTs02018-04-06T16:56:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$220,977
Liabilities
$20,907
Net assets
$200,070
Revenue
$116,718
Expenses
$100,174
Net income
$16,544
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.33$3.58$2.24
2020Detailed filing. Detailed filing data is available for this year.$2.33$0.09$2.24$1.25$1.03$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.21$0.19$2.02$1.25$1.22$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.04$0.03$2.01$1.18$1.18$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.21$2.00$1.17$1.00$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.13$1.84$1.20$1.04$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.11$1.67$1.11$0.94$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.14$1.50$1.09$1.06$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.06$1.47$1.07$0.89$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.06$1.29$1.32$1.32$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.11$1.29$1.40$1.30$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.03$1.19$0.91$1.04$0.13