Civic Intelligence

Beadle & Spink Enterprise Community Inc.

990 • Fiscal year 2016 • EIN 46-0438143

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileWWW.BASEC.ORG
PO Box 405Doland, SD 57436-0405

(605) 635-6165

Siviq Scores

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

Liabilities / Assets

58th percentile

0.25x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

2.12x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

31st percentile

$80,062

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

210%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$6,636,915

Up $1,161,730 (+21%) from 2015

Net Assets

Up

$4,963,751

Up $407,947 (+9.0%) from 2015

Liabilities

Up

$1,673,164

Up $753,783 (+82%) from 2015

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin92nd percentile

Revenue

Up

$789,052

Up $534,632 (+210%) from 2015

Expenses

Down

$381,105

Down $19,707 (-4.9%) from 2015

Net Income

Up

$407,947

Up $554,339 (+379%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$10M$5.0M$0Assets 2010: $5,923,596Liabilities 2010: $1,202,225Net Assets 2010: $4,721,3712010Assets 2011: $5,787,732Liabilities 2011: $1,069,594Net Assets 2011: $4,718,1382011Assets 2012: $5,753,893Liabilities 2012: $1,057,892Net Assets 2012: $4,696,0012012Assets 2013: $5,694,453Liabilities 2013: $991,277Net Assets 2013: $4,703,1762013Assets 2014: $5,655,147Liabilities 2014: $952,951Net Assets 2014: $4,702,1962014Assets 2015: $5,475,185Liabilities 2015: $919,381Net Assets 2015: $4,555,8042015Assets 2016: $6,636,915Liabilities 2016: $1,673,164Net Assets 2016: $4,963,7512016Assets 2017: $6,363,073Liabilities 2017: $1,477,589Net Assets 2017: $4,885,4842017Assets 2018: $6,453,966Liabilities 2018: $1,545,932Net Assets 2018: $4,908,0342018Assets 2019: $6,581,466Liabilities 2019: $1,593,562Net Assets 2019: $4,987,9042019Assets 2020: $6,579,098Liabilities 2020: $1,487,427Net Assets 2020: $5,091,6712020Assets 2021: $6,256,564Liabilities 2021: $1,128,497Net Assets 2021: $5,128,0672021Assets 2022: $6,239,975Liabilities 2022: $1,028,287Net Assets 2022: $5,211,6882022Assets 2023: $7,512,386Liabilities 2023: $2,423,007Net Assets 2023: $5,089,3792023Assets 2024: $8,159,423Liabilities 2024: $2,928,996Net Assets 2024: $5,230,4272024

Highlighted filing

2016

Assets$6,636,915
Liabilities$1,673,164
Net Assets$4,963,751
Open 2016 Filing

Operations Trend

Revenue Growth97th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $264,9392010Expenses 2011: $318,9152011Expenses 2012: $332,7742012Revenue 2013: $320,667Expenses 2013: $313,492Net Income 2013: $7,1752013Revenue 2014: $253,041Expenses 2014: $254,021Net Income 2014: -$9802014Revenue 2015: $254,420Expenses 2015: $400,812Net Income 2015: -$146,3922015Revenue 2016: $789,052Expenses 2016: $381,105Net Income 2016: $407,9472016Revenue 2017: $313,995Expenses 2017: $392,262Net Income 2017: -$78,2672017Revenue 2018: $388,722Expenses 2018: $366,172Net Income 2018: $22,5502018Revenue 2019: $330,739Expenses 2019: $250,869Net Income 2019: $79,8702019Revenue 2020: $312,001Expenses 2020: $208,234Net Income 2020: $103,7672020Revenue 2021: $288,903Expenses 2021: $252,507Net Income 2021: $36,3962021Revenue 2022: $291,439Expenses 2022: $207,818Net Income 2022: $83,6212022Revenue 2023: $246,632Expenses 2023: $362,941Net Income 2023: -$116,3092023Revenue 2024: $340,295Expenses 2024: $199,247Net Income 2024: $141,0482024

Highlighted filing

2016

Revenue$789,052
Expenses$381,105
Net Income$407,947
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$789,052
Mission and Program Overview

Mission

Rural economic & community development - basec was formed to accept public and private funds to raise the economic welfare, educational levels, and social levels of residents in the basec area. The primary operation is to utilize a broad range of programs and initiatives to promote revitalization of the area under the program areas of business development, farm income development, housing development, and housing preservation. Basec maintains a revolving loan fund funded through grant and loan programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,268,741$4,797,741▲ $529,000
Cash and Non-Interest-Bearing Accounts$993,199$1,640,127▲ $646,928
Land, Buildings, and Equipment, Net$57,298$47,652▼ $9,646
Investments Other Securities$39,761$30,708▼ $9,053
Receivables From Officers Etc$34,911$27,167▼ $7,744
Prepaid Expenses and Deferred Charges$5,107$2,140▼ $2,967
Total Assets$5,475,185$6,636,915▲ $1,161,730
Other Assets Total$76,168$91,380▲ $15,212
Liabilities
Mortgage Notes Payable Secured by Investment Property$898,879$1,653,199▲ $754,320
Accounts Payable and Accrued Expenses$20,502$19,965▼ $537
Total Liabilities$919,381$1,673,164▲ $753,783
Net Assets / Fund Balance
Unrestricted Net Assets$4,115,222$4,272,597▲ $157,375
Temporarily Rstr Net Assets$440,582$691,154▲ $250,572
Total Net Assets Fund Balance$4,555,804$4,963,751▲ $407,947
Total Liabilities and Net Assets / Fund Balance$5,475,185$6,636,915▲ $1,161,730

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,083$53,607$72,690
Leasehold Improvements$28,569$11,030$39,599
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margot GilletteExecutive DiFT$68,875$11,187$80,062

Board Members and Trustees

NameTitle
Brian HullPresident
Chad DubroDirector
Dane LambertDirector
John TschetterDirector
Leanne BawekDirector
Lisa GogolinDirector
Tom MartinDirector
Gary DeckertSecretary/tr
Kirby PageVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$387,827
Program Service Revenue
$410,278
Investment Income
$-9,053
Other Revenue
$0
All Other Contributions
$112,827
Change in Net Assets
$407,947

Audited Revenue Reconciliation

Revenue per Audited Statements
$789,052
Total Revenue per Audited Statements
$789,052
Total Revenue per Form 990
$789,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$148,483
Grants and Similar Amounts Paid$120,327
Other Expenses$112,295
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$120,327--$120,327
Current Officers, Directors, Trustees, and Key Employees$49,590$19,285-$68,875
Other Salaries and Wages$32,816$12,762-$45,578
Other Employee Benefits$16,848$6,552-$23,400
All Other Expenses$16,697$4,486-$21,183
Depreciation Depletion$9,645--$9,645
Payroll Taxes$5,250$2,042-$7,292
Fees for Services Accounting$5,076$1,974-$7,050
Advertising$5,031$1,957-$6,988
Conferences and Meetings$3,834$1,491-$5,325
Insurance-$5,039-$5,039
Other Expenses$3,625$1,410-$5,035
Office Expenses$3,228$1,255-$4,483
Travel$2,894$1,126-$4,020
Occupancy$2,890$1,124-$4,014
Pension Plan Contributions$2,403$935-$3,338
Fees for Services Legal$60$23-$83
Total Functional Expenses$318,037$63,068$0$381,105

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$381,105
Total Expenses per Audited Statements$381,105
Total Expenses per Form 990$381,105
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fisher Grove Country Club IncFrankfort, SD-Business Development$120,327
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$34,911$27,167▼ $7,744
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
Yes
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

“The president of the board of directors reviews form 990 before it is signed and filed.”

Form 990, Page 6, Part VI, Line 12C

“All board members and employees are required to report any conflicts of in terest if they were to occur. The executive director and board members kee p tabs on any possible areas where conflicts of interest could arise.”

Form 990, Page 6, Part VI, Line 15A

“A committee of the board of directors review the compensation for executiv e director and provide a recommendation, based upon the south dakota depar tment of labor wage comparability study, to the board of directors for app roval.”

Form 990, Page 6, Part VI, Line 19

“Our governing documents, conflict of interest policy and financial stateme nts are available for inspection by the general public upon request in our office.”

Filing and Contact Details

Filer

Filer Name
Beadle & Spink Enterprise Community
EIN
46-0438143
Phone
6056356165
Address
PO BOX 405, DOLAND, SD 57436-0405

Signing Officer

Name
Brian Hull
Title
President
Phone
6056356165
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hull
Formed
1995
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
4

Preparer

Firm
Snow Huether & Coyle
Address
1620 DAKOTA AVE S PO BOX 837, HURON, SD 57350-0837
Preparer
Jason F Rubish
Phone
6053528719
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Rural economic & community development - basec was formed to accept public and private funds to raise the economic welfare, educational levels, and social levels of residents in the basec area. The primary operation is to utilize a broad range of programs and initiatives to promote revitalization of the area under the program areas of business development, farm income development, housing development, and housing preservation. Basec maintains a revolving loan fund funded through grant and loan programs.”

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IRS990/OccupancyGrp/ManagementAndGeneralAmt01124
IRS990/OccupancyGrp/ProgramServicesAmt02890
IRS990/OccupancyGrp/TotalAmt04014
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01255
IRS990/OfficeExpensesGrp/ProgramServicesAmt03228
IRS990/OfficeExpensesGrp/TotalAmt04483
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt076168
IRS990/OtherAssetsTotalGrp/EOYAmt091380
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06552
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016848
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023400
IRS990/OtherExpensesGrp/Desc0DAKOTA RESOURCES INTEREST
IRS990/OtherExpensesGrp/Desc1GRANTS
IRS990/OtherExpensesGrp/Desc2CONSULTANT
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01607
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11410
IRS990/OtherExpensesGrp/ProgramServicesAmt023690
IRS990/OtherExpensesGrp/ProgramServicesAmt110000
IRS990/OtherExpensesGrp/ProgramServicesAmt24133
IRS990/OtherExpensesGrp/ProgramServicesAmt33625
IRS990/OtherExpensesGrp/TotalAmt023690
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt25740
IRS990/OtherExpensesGrp/TotalAmt35035
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012762
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032816
IRS990/OtherSalariesAndWagesGrp/TotalAmt045578
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04268741
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04797741
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02042
IRS990/PayrollTaxesGrp/ProgramServicesAmt05250
IRS990/PayrollTaxesGrp/TotalAmt07292
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0935
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02403
IRS990/PensionPlanContributionsGrp/TotalAmt03338
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05107
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02140
IRS990/PrincipalOfficerNm0BRIAN HULL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOAN
IRS990/ProgramServiceRevenueGrp/Desc1CHANGE - PROVISION FOR LOAN L
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0249914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1145836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0249914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1145836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214528
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04246
IRS990/PYOtherExpensesAmt0266550
IRS990/PYProgramServiceRevenueAmt0250174
IRS990/PYRevenuesLessExpensesAmt0-146392
IRS990/PYSalariesCompEmpBnftPaidAmt0134262
IRS990/PYTotalExpensesAmt0400812
IRS990/PYTotalRevenueAmt0254420
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt034911
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt027167
IRS990/ReconcilationRevenueExpnssAmt0407947
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0410278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0387827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0437827
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0410278
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0437827
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0387827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0437827
IRS990ScheduleA/TotalSupportAmt0437827
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt019083
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072690
IRS990ScheduleD/ExpensesSubtotalAmt0381105
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt028569
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011030
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt039599
IRS990ScheduleD/RevenueSubtotalAmt0789052
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047652
IRS990ScheduleD/TotalExpensesPerForm990Amt0381105
IRS990ScheduleD/TotalRevenuePerForm990Amt0789052
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0789052
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0381105
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0120327
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BUSINESS DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FISHER GROVE COUNTRY CLUB INC
IRS990ScheduleI/RecipientTable/RecipientEIN0460454700
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt017290 FISHERS LANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FRANKFORT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057440
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS WERE PROVIDED TO EACH ORGANIZATION WITHIN THE COVERED AREA OF BEADLE AND SPINK ENTERPRISE COMMUNITY. FUNDS WERE PROVIDED FOR BUSINESS DEVELOPMENT TO BE USED AT THE ORGANIZATION'S DISCRETION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt027167
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0HOME MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt047000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHN TSCHETTER - HOME MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt027167
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RURAL ECONOMIC & COMMUNITY DEVELOPMENT - BASEC WAS FORMED TO ACCEPT PUBLIC AND PRIVATE FUNDS TO RAISE THE ECONOMIC WELFARE, EDUCATIONAL LEVELS, AND SOCIAL LEVELS OF RESIDENTS IN THE BASEC AREA. THE PRIMARY OPERATION IS TO UTILIZE A BROAD RANGE OF PROGRAMS AND INITIATIVES TO PROMOTE REVITALIZATION OF THE AREA UNDER THE PROGRAM AREAS OF BUSINESS DEVELOPMENT, FARM INCOME DEVELOPMENT, HOUSING DEVELOPMENT, AND HOUSING PRESERVATION. BASEC MAINTAINS A REVOLVING LOAN FUND FUNDED THROUGH GRANT AND LOAN PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO REPORT ANY CONFLICTS OF IN TEREST IF THEY WERE TO OCCUR. THE EXECUTIVE DIRECTOR AND BOARD MEMBERS KEE P TABS ON ANY POSSIBLE AREAS WHERE CONFLICTS OF INTEREST COULD ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMMITTEE OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION FOR EXECUTIV E DIRECTOR AND PROVIDE A RECOMMENDATION, BASED UPON THE SOUTH DAKOTA DEPAR TMENT OF LABOR WAGE COMPARABILITY STUDY, TO THE BOARD OF DIRECTORS FOR APP ROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEME NTS ARE AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST IN OUR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0440582
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0691154
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05475185
IRS990/TotalAssetsEOYAmt06636915
IRS990/TotalAssetsGrp/BOYAmt05475185
IRS990/TotalAssetsGrp/EOYAmt06636915
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0387827
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063068
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0318037
IRS990/TotalFunctionalExpensesGrp/TotalAmt0381105
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0919381
IRS990/TotalLiabilitiesEOYAmt01673164
IRS990/TotalLiabilitiesGrp/BOYAmt0919381
IRS990/TotalLiabilitiesGrp/EOYAmt01673164
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04555804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04963751
IRS990/TotalOtherCompensationAmt011187
IRS990/TotalProgramServiceExpensesAmt0318037
IRS990/TotalProgramServiceRevenueAmt0410278
IRS990/TotalReportableCompFromOrgAmt068875
IRS990/TotalRevenueGrp/ExclusionAmt0-9053
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0410278
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0789052
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05475185
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06636915
IRS990/TravelGrp/ManagementAndGeneralAmt01126
IRS990/TravelGrp/ProgramServicesAmt02894
IRS990/TravelGrp/TotalAmt04020
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,636,915
Liabilities
$1,673,164
Net assets
$4,963,751
Revenue
$789,052
Expenses
$381,105
Net income
$407,947
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$2.93$5.23$0.34$0.20$0.14
2023Summary only. Only limited summary data is available for this year.$7.51$2.42$5.09$0.25$0.36$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$1.03$5.21$0.29$0.21$0.08
2021Summary only. Only limited summary data is available for this year.$6.26$1.13$5.13$0.29$0.25$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$1.49$5.09$0.31$0.21$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$1.59$4.99$0.33$0.25$0.08
2018Summary only. Only limited summary data is available for this year.$6.45$1.55$4.91$0.39$0.37$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$1.48$4.89$0.31$0.39$0.08
2016Detailed filing. Detailed filing data is available for this year.$6.64$1.67$4.96$0.79$0.38$0.41
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.92$4.56$0.25$0.40$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.66$0.95$4.70$0.25$0.25$0.00
2013Detailed filing. Detailed filing data is available for this year.$5.69$0.99$4.70$0.32$0.31$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$1.06$4.70$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.79$1.07$4.72$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$1.20$4.72$0.26