Civic Intelligence

Milbank Community Foundation

EIN 46-0427565 • 501(c)3 • Milbank, SD

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Profile

The mission of the milbank community foundation is to provide the opportunity for philanthropic investment in our community; demonstrate leadership in the areas of education, social & economic development; & promote the quality of life to the residents of the milbank area.

904 East 4th AvenueMilbank, SD 57252

www.milbankcf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

2nd percentile

-280%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-74%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,435,565 (-100%) from 2021

Liabilities

Down

$0

Down $191,561 (-100%) from 2021

Net Assets

Down

$0

Down $1,244,004 (-100%) from 2021

Operations
Liabilities / Revenue34th percentileNet Margin2nd percentile

Revenue

Down

$208,053

Down $589,599 (-74%) from 2021

Expenses

Up

$790,265

Up $51,241 (+6.9%) from 2021

Net Income

Down

-$582,212

Down $640,840 (-1093%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $19,205,269Liabilities 2010: $10,266,919Net Assets 2010: $8,938,3502010Assets 2011: $9,530,635Liabilities 2011: $5,966,696Net Assets 2011: $3,563,9392011Assets 2012: $2,969,398Liabilities 2012: $421,515Net Assets 2012: $2,547,8832012Assets 2013: $2,979,698Liabilities 2013: $277,480Net Assets 2013: $2,702,2182013Assets 2014: $3,076,848Liabilities 2014: $283,028Net Assets 2014: $2,793,8202014Assets 2015: $3,279,934Liabilities 2015: $278,330Net Assets 2015: $3,001,6042015Assets 2016: $3,321,414Liabilities 2016: $271,443Net Assets 2016: $3,049,9712016Assets 2017: $3,334,711Liabilities 2017: $186,724Net Assets 2017: $3,147,9872017Assets 2018: $3,254,859Liabilities 2018: $201,171Net Assets 2018: $3,053,6882018Assets 2019: $3,234,113Liabilities 2019: $214,002Net Assets 2019: $3,020,1112019Assets 2020: $1,419,303Liabilities 2020: $245,513Net Assets 2020: $1,173,7902020Assets 2021: $1,435,565Liabilities 2021: $191,561Net Assets 2021: $1,244,0042021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,830,1912010Expenses 2011: $14,418,6862011Expenses 2012: $1,869,9892012Revenue 2013: $885,411Expenses 2013: $731,076Net Income 2013: $154,3352013Revenue 2014: $879,050Expenses 2014: $787,448Net Income 2014: $91,6022014Revenue 2015: $1,009,897Expenses 2015: $800,930Net Income 2015: $208,9672015Revenue 2016: $911,655Expenses 2016: $874,718Net Income 2016: $36,9372016Revenue 2017: $822,194Expenses 2017: $842,645Net Income 2017: -$20,4512017Revenue 2018: $850,908Expenses 2018: $909,191Net Income 2018: -$58,2832018Revenue 2019: $781,685Expenses 2019: $853,199Net Income 2019: -$71,5142019Revenue 2020: -$1,001,094Expenses 2020: $850,847Net Income 2020: -$1,851,9412020Revenue 2021: $797,652Expenses 2021: $739,024Net Income 2021: $58,6282021Revenue 2022: $208,053Expenses 2022: $790,265Net Income 2022: -$582,2122022

Highlighted filing

2022

Revenue$208,053
Expenses$790,265
Net Income-$582,212
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$208,053
Expenses
$790,265
Net income
-$582,212
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.21$0.79$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.19$1.24$0.80$0.74$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.25$1.17$1.00$0.85$1.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.21$3.02$0.78$0.85$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.20$3.05$0.85$0.91$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.19$3.15$0.82$0.84$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.27$3.05$0.91$0.87$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.28$3.00$1.01$0.80$0.21
2014Detailed filing. Detailed filing data is available for this year.$3.08$0.28$2.79$0.88$0.79$0.09
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.28$2.70$0.89$0.73$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.42$2.55$1.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.53$5.97$3.56$14.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$10.3$8.94$10.8
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 18, 2017
Return Version
2016v3.0
Gross Receipts
$995,293
Mission and Program Overview

Mission

The mission of the milbank community foundation is to provide the opportunity for philanthropic investment in our community; demonstrate leadership in the areas of education, social & economic development; & promote the quality of life to the residents of the milbank area.

Charitable and benevolent purposes for the benefit of the residents of milbank, south dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,927,341$1,860,981▼ $66,360
Investments Other Securities$923,000$923,000→ $0
Investments in Publicly Traded Securities$275,473$277,134▲ $1,661
Savings and Temporary Cash Investments$110,758$227,239▲ $116,481
Pledges and Grants Receivable$43,362$33,060▼ $10,302
Total Assets$3,279,934$3,321,414▲ $41,480
Liabilities
Grants Payable$151,475$155,300▲ $3,825
Deferred Revenue$78,114$73,118▼ $4,996
Accounts Payable and Accrued Expenses$48,741$43,025▼ $5,716
Total Liabilities$278,330$271,443▼ $6,887
Net Assets / Fund Balance
Unrestricted Net Assets$2,056,710$2,067,339▲ $10,629
Temporarily Rstr Net Assets$944,894$982,632▲ $37,738
Total Net Assets Fund Balance$3,001,604$3,049,971▲ $48,367
Total Liabilities and Net Assets / Fund Balance$3,279,934$3,321,414▲ $41,480

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,681,837$1,481,850$3,163,687
Equipment$179,144$343,554$522,698
Other Securities$923,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig WellnitzFinance DirectorFT$46,163$14,554$60,717

Board Members and Trustees

NameTitle
William SchunemanPast President
Mark LeddyPresident
Gary LindemanVice President
Doug StengelDirector
Greg ThomasDirector
Jeff JonesDirector
Richard LentzDirector
Tana MundwilerDirector
Mark BierschbachSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$443,349
Program Service Revenue
$382,943
Investment Income
$60,625
Other Revenue
$24,738
All Other Contributions
$443,349
Change in Net Assets
$36,937

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Miscellaneous1$50,000Fair Market Value (FMV)
Total Noncash Contributions1$50,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$911,655
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,430
Total Revenue per Audited Statements
$923,085
Total Revenue per Form 990
$911,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,327
Other Expenses$301,868
Grants and Similar Amounts Paid$244,523
Total Fundraising Expense$34,838
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,551$819-$234,370
Grants to Domestic Orgs$227,523--$227,523
Depreciation Depletion$113,672$994-$114,666
Occupancy$74,702$1,434-$76,136
Current Officers, Directors, Trustees, and Key Employees$8,862$27,176$23,041$59,079
Fees for Services Other$29,397$4,005-$33,402
Office Expenses$17,962$3,711-$21,673
All Other Expenses$18,989$660-$19,649
Insurance$14,548$3,418-$17,966
Payroll Taxes$14,963$2,853-$17,816
Grants to Domestic Individuals$17,000--$17,000
Other Employee Benefits$16,375--$16,375
Other Expenses--$11,797$11,797
Advertising$4,164$982-$5,146
Travel$1,150$283-$1,433
Pension Plan Contributions$687--$687
Total Functional Expenses$793,545$46,335$34,838$874,718

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$874,718
Total Expenses per Audited Statements$874,718
Total Expenses per Form 990$874,718
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central United Methodist ChurchMilbank, SD501(c)(3)Missionary Support$70,000
Grant County Diabetes AssociationMilbank, SD501(c)(3)Medical/human Service$65,000
Unity Square Charitable MembershipMilbank, SD501(c)(3)Medical/human Service$17,000
Milbank Ball Diamond AssociationMilbank, SD501(c)(3)Youth Development$12,000
Milbank Summer Rec ProgramsMilbank, SD501(c)(3)Youth Development$10,000
Lions Swim TeamMilbank, SD501(c)(3)Youth Development$7,000
Milbank Out of School TimeMilbank, SD501(c)(3)Youth Development$7,000
Imagination LibraryMilbank, SD501(c)(3)Youth Development$6,800
Milbank Community TransitMilbank, SD501(c)(3)Medical/human Service$6,000
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
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 1

“The executive board shall be composed of the past chair, the chair, the vice chair, the secretary and treasurer. The duties of the executive board are to develop and monitor policies which manage the affairs of the foundation. The executive board shall meet at least four times per year at the call of the chair.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the executive board members and finance director. A copy is provided to the board of directors prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Board members and all staff are required to complete a conflict of interest document on an annual basis. Any potential conflicts are reviewed by the board chair. If an individual has a conflict they must remove themselves from discussions and voting.”

Form 990, Part VI, Section B, Line 15B

“The president of the organization is not compensated. Approximately every two years, salaries are compared to data provided by the state for similar positions of the finance director and other management employees. The information is provided to the board, which reviews the compensation and any additional information they feel is needed prior to approving the arrangement. This process last took place in 2015.”

Form 990, Part VI, Section C, Line 19

“A summarized financial statement is made available to the public through the annual report distributed at the annual meeting.”

FORM 990, PART VII:

“The organization did not list a top management official. The executive committee of the board makes all management decisions for the organization.”

Filing and Contact Details

Filer

Filer Name
Milbank Community Foundation
EIN
46-0427565
Phone
6054329000
Address
904 EAST 4TH AVENUE, MILBANK, SD 57252

Signing Officer

Name
Mark Leddy
Title
President
Phone
6054329000
Signed
2017-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Leddy
Formed
1993
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
42
Volunteers
75

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH ST PO BOX 5125, SIOUX FALLS, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is organized as a south dakota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as organizations described in section 501(c)(3). The foundation is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the foundation is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The foundation has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. The foundation believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The foundation would recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”

Raw XML AppendixShowing 400 of 570 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt048741
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043025
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHARITABLE AND BENEVOLENT PURPOSES FOR THE BENEFIT OF THE RESIDENTS OF MILBANK, SOUTH DAKOTA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0982
IRS990/AdvertisingGrp/ProgramServicesAmt04164
IRS990/AdvertisingGrp/TotalAmt05146
IRS990/AllOtherContributionsAmt0443349
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0660
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018989
IRS990/AllOtherExpensesGrp/TotalAmt019649
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CRAIG WELLNITZ
IRS990/BooksInCareOfDetail/PhoneNum06054329000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0904 EAST 4TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILBANK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057252
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt023041
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027176
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt08862
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt059079
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0443349
IRS990/CYGrantsAndSimilarPaidAmt0244523
IRS990/CYInvestmentIncomeAmt060625
IRS990/CYOtherExpensesAmt0301868
IRS990/CYOtherRevenueAmt024738
IRS990/CYProgramServiceRevenueAmt0382943
IRS990/CYRevenuesLessExpensesAmt036937
IRS990/CYSalariesCompEmpBnftPaidAmt0328327
IRS990/CYTotalExpensesAmt0874718
IRS990/CYTotalFundraisingExpenseAmt034838
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0911655
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt078114
IRS990/DeferredRevenueGrp/EOYAmt073118
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0994
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0113672
IRS990/DepreciationDepletionGrp/TotalAmt0114666
IRS990/Desc0VARIOUS PROGRAMS AND SCHOLARSHIPS FOR THE BENEFIT OF RESIDENTS OF THE MILBANK, SOUTH DAKOTA AREA. THE PURPOSE OF THE FOUNDATION IS TO BROADEN THE OPPORTUNITIES FOR SOCIAL, CULTURAL, EDUCATIONAL AND RECREATIONAL DEVELOPMENT FOR ALL RESIDENTS OF THE MILBANK AREA. THE FOUNDATION IS COMMITTED TO CONTRIBUTING TO THE COMMUNITY IN WAYS THAT WILL ENHANCE THE SOCIAL AND ECONOMIC WELL-BEING OF EVERYONE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0793545
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04005
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt029397
IRS990/FeesForServicesOtherGrp/TotalAmt033402
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt952.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt914554
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK LEDDY
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY LINDEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK BIERSCHBACH
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM SCHUNEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD LENTZ
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6TANA MUNDWILER
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUG STENGEL
IRS990/Form990PartVIISectionAGrp/PersonNm8GREG THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm9CRAIG WELLNITZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt946163
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-12369
IRS990/GainOrLossGrp/SecuritiesAmt03819
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0244523
IRS990/GrantsPayableGrp/BOYAmt0151475
IRS990/GrantsPayableGrp/EOYAmt0155300
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt017000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt017000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0227523
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0227523
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt075
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt075013
IRS990/GrossReceiptsAmt0995293
IRS990/GrossRentsGrp/RealAmt024738
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03418
IRS990/InsuranceGrp/ProgramServicesAmt014548
IRS990/InsuranceGrp/TotalAmt017966
IRS990/InvestmentIncomeGrp/ExclusionAmt069175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069175
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0923000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0923000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0275473
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0277134
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01825404
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01927341
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01860981
IRS990/LandBldgEquipCostOrOtherBssAmt03686385
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt012444
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt071194
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE MILBANK COMMUNITY FOUNDATION IS TO PROVIDE THE OPPORTUNITY FOR PHILANTHROPIC INVESTMENT IN OUR COMMUNITY; DEMONSTRATE LEADERSHIP IN THE AREAS OF EDUCATION, SOCIAL & ECONOMIC DEVELOPMENT; & PROMOTE THE QUALITY OF LIFE TO THE RESIDENTS OF THE MILBANK AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03001604
IRS990/NetAssetsOrFundBalancesEOYAmt03049971
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8550
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8550
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024738
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024738
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011430
IRS990/NoncashContributionsAmt050000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01434
IRS990/OccupancyGrp/ProgramServicesAmt074702
IRS990/OccupancyGrp/TotalAmt076136
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03711
IRS990/OfficeExpensesGrp/ProgramServicesAmt017962
IRS990/OfficeExpensesGrp/TotalAmt021673
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016375
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016375
IRS990/OtherExpensesGrp/Desc0COMBINED APPEAL
IRS990/OtherExpensesGrp/FundraisingAmt011797
IRS990/OtherExpensesGrp/TotalAmt011797
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0819
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0233551
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234370
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02853
IRS990/PayrollTaxesGrp/ProgramServicesAmt014963
IRS990/PayrollTaxesGrp/TotalAmt017816
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0687
IRS990/PensionPlanContributionsGrp/TotalAmt0687
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt043362
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt033060
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK LEDDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES & ASSESS.
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357497
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125446
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0357497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125446
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0547871
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0175351
IRS990/PYInvestmentIncomeAmt058486
IRS990/PYOtherExpensesAmt0357509
IRS990/PYOtherRevenueAmt025573
IRS990/PYProgramServiceRevenueAmt0377967
IRS990/PYRevenuesLessExpensesAmt0208967
IRS990/PYSalariesCompEmpBnftPaidAmt0268070
IRS990/PYTotalExpensesAmt0800930
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01009897
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt036937
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt024738
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0382943
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110758
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0227239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0443349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0547871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0446252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0332917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0295458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02065847
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt093913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt084059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt074531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt077082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt083700
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0413285
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02069821
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56900
IRS990ScheduleA/PublicSupportPY170Pct00.50440
IRS990ScheduleA/PublicSupportTotal170Amt01410736
IRS990ScheduleA/SubstantialContributorsTotAmt0655111
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0443349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0547871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0446252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0332917
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0295458
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02065847
IRS990ScheduleA/TotalSupportAmt02479132
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01681837
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01481850
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163687
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt080009
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt018000
IRS990ScheduleD/DonorAdvisedFundsHeldCnt08
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0301981
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179144
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0343554
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0522698
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0874718
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/FundsAndOtherAccountsContriAmt0215028
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt0217897
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt010
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt0680651
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011430
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0923000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PREFERRED STOCK - VALLEY QUEEN CHEESE FACTORY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt011430
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0911655
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS ORGANIZED AS A SOUTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3). THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01860981
IRS990ScheduleD/TotalBookValueSecuritiesAmt0923000
IRS990ScheduleD/TotalExpensesPerForm990Amt0874718
IRS990ScheduleD/TotalRevenuePerForm990Amt0911655
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0923085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0874718
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt017000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt015
IRS990ScheduleI/RecipientTable/CashGrantAmt065000
IRS990ScheduleI/RecipientTable/CashGrantAmt112000
IRS990ScheduleI/RecipientTable/CashGrantAmt27000
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt46800
IRS990ScheduleI/RecipientTable/CashGrantAmt517000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt770000
IRS990ScheduleI/RecipientTable/CashGrantAmt87000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MEDICAL/HUMAN SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MEDICAL/HUMAN SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5MEDICAL/HUMAN SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7MISSIONARY SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GRANT COUNTY DIABETES ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MILBANK BALL DIAMOND ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MILBANK OUT OF SCHOOL TIME

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