Civic Intelligence

Beadle & Spink Enterprise Community Inc.

990 • Fiscal year 2018 • EIN 46-0438143

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 31, 2019

Organization ProfileWWW.BASEC.ORG
PO Box 45Doland, SD 57436-0405

(605) 635-6165

Siviq Scores

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

Liabilities / Assets

59th percentile

0.24x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

3.98x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

58th percentile

5.8%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

34th percentile

$87,223

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

24%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

Flat

$6,453,966

Flat from 2018

Net Assets

Flat

$4,908,034

Flat from 2018

Liabilities

Flat

$1,545,932

Flat from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin58th percentile

Revenue

Flat

$388,722

Flat from 2018

Expenses

Flat

$366,172

Flat from 2018

Net Income

Flat

$22,550

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th 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 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

2018

Assets$6,453,966
Liabilities$1,545,932
Net Assets$4,908,034
Open 2018 Filing

Operations Trend

Revenue Growth79th 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 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

2018

Revenue$388,722
Expenses$366,172
Net Income$22,550
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 31, 2019
Return Version
2018v3.1
Gross Receipts
$468,033
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$5,637,799$5,525,808▼ $111,991
Savings and Temporary Cash Investments-$361,914-
Cash and Non-Interest-Bearing Accounts$409,954$316,207▼ $93,747
Land, Buildings, and Equipment, Net$98,740$91,109▼ $7,631
Investments Other Securities$30,764$26,488▼ $4,276
Receivables From Officers Etc$28,622$20,464▼ $8,158
Prepaid Expenses and Deferred Charges$2,194$2,178▼ $16
Total Assets$6,363,073$6,453,966▲ $90,893
Other Assets Total$155,000$109,798▼ $45,202
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,450,019$1,474,063▲ $24,044
Other Liabilities-$39,840-
Accounts Payable and Accrued Expenses$27,570$32,029▲ $4,459
Total Liabilities$1,477,589$1,545,932▲ $68,343
Net Assets / Fund Balance
Unrestricted Net Assets$4,432,153$4,462,181▲ $30,028
Temporarily Rstr Net Assets$453,331$445,853▼ $7,478
Total Net Assets Fund Balance$4,885,484$4,908,034▲ $22,550
Total Liabilities and Net Assets / Fund Balance$6,363,073$6,453,966▲ $90,893

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,609$37,931$55,540
Buildings$49,784$2,620$52,404
Leasehold Improvements$23,036$15,857$38,893
Land$680-$680
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margot GilletteExecutive DiFT$72,280$14,943$87,223

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$68,976
Program Service Revenue
$318,818
Investment Income
$-4,786
Other Revenue
$5,714
All Other Contributions
$68,976
Change in Net Assets
$22,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,664
Salaries, Compensation, and Employee Benefits$160,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,042$20,238-$72,280
Other Salaries and Wages$34,351$13,359-$47,710
All Other Expenses$34,586$6,281-$40,867
Other Employee Benefits$21,124$8,215-$29,339
Fees for Services Accounting$6,710$2,609-$9,319
Other Expenses$8,614$9,321-$8,614
Conferences and Meetings$5,867$2,281-$8,148
Payroll Taxes$5,462$2,124-$7,586
Advertising$4,481$1,743-$6,224
Insurance-$5,993-$5,993
Office Expenses$4,279$1,664-$5,943
Depreciation Depletion$5,724--$5,724
Travel$3,364$1,308-$4,672
Occupancy$3,235$1,258-$4,493
Pension Plan Contributions$2,587$1,006-$3,593
Fees for Services Legal$45$17-$62
Total Functional Expenses$288,755$77,417$0$366,172
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$28,622$20,464▼ $8,158
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Bal. Held on Behalf of Others$39,840
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 45, DOLAND, SD 57436-0405

Signing Officer

Name
Brian Hull
Title
President
Phone
6056356165
Signed
2019-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hull
Formed
1995
Legal Domicile
Sd
Voting Board Members
8
Independent Board Members
8
Employees
3

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.”

Form 990, Part IX, Line 24E

“Fees 4,967 1,931 0 change prov for loan loss 6,518 0 0 community development 5,750 0 0 telephone 3,280 1,276 0 usda interest expense 4,266 0 0 equipment 2,620 1,019 0 consultant 1,907 741 0 miscellaneous 1,050 409 0 loan fee amortization 1,302 0 0 postage and shipping 884 344 0 repairs 809 315 0 vehicle expenses 633 246 0 impairment on oreo 600 0 0 total 34,586 6,281 0”

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4756
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05714
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05714
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01258
IRS990/OccupancyGrp/ProgramServicesAmt03235
IRS990/OccupancyGrp/TotalAmt04493
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01664
IRS990/OfficeExpensesGrp/ProgramServicesAmt04279
IRS990/OfficeExpensesGrp/TotalAmt05943
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0155000
IRS990/OtherAssetsTotalGrp/EOYAmt0109798
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08215
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021124
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029339
IRS990/OtherExpensesGrp/Desc0GRANTS
IRS990/OtherExpensesGrp/Desc1DAKOTA RESOURCES INTEREST
IRS990/OtherExpensesGrp/Desc2OTHER REAL ESTATE
IRS990/OtherExpensesGrp/Desc3REED INTEREST EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09321
IRS990/OtherExpensesGrp/ProgramServicesAmt068534
IRS990/OtherExpensesGrp/ProgramServicesAmt127750
IRS990/OtherExpensesGrp/ProgramServicesAmt28614
IRS990/OtherExpensesGrp/TotalAmt068534
IRS990/OtherExpensesGrp/TotalAmt127750
IRS990/OtherExpensesGrp/TotalAmt29321
IRS990/OtherExpensesGrp/TotalAmt38614
IRS990/OtherLiabilitiesGrp/EOYAmt039840
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013359
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034351
IRS990/OtherSalariesAndWagesGrp/TotalAmt047710
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05637799
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05525808
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02124
IRS990/PayrollTaxesGrp/ProgramServicesAmt05462
IRS990/PayrollTaxesGrp/TotalAmt07586
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01006
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02587
IRS990/PensionPlanContributionsGrp/TotalAmt03593
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02194
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02178
IRS990/PrincipalOfficerNm0BRIAN HULL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOAN
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0298183
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110687
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0298183
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29948
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020616
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt056
IRS990/PYOtherExpensesAmt0234220
IRS990/PYOtherRevenueAmt0-764
IRS990/PYProgramServiceRevenueAmt0294087
IRS990/PYRevenuesLessExpensesAmt0-78267
IRS990/PYSalariesCompEmpBnftPaidAmt0158042
IRS990/PYTotalExpensesAmt0392262
IRS990/PYTotalRevenueAmt0313995
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt028622
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt020464
IRS990/ReconcilationRevenueExpnssAmt022550
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt05714
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0318817
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0361914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0387827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0477419
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0622768
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0477419
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0387827
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0477419
IRS990ScheduleA/TotalSupportAmt0477419
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt049784
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02620
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt052404
IRS990ScheduleD/EquipmentGrp/BookValueAmt017609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037931
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055540
IRS990ScheduleD/LandGrp/BookValueAmt0680
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0680
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023036
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015857
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH BAL. HELD ON BEHALF OF OTHERS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt091109
IRS990ScheduleD/TotalLiabilityAmt039840
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020464
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/TotalBalanceDueAmt020464
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/ExplanationTxt5FEES 4,967 1,931 0 CHANGE PROV FOR LOAN LOSS 6,518 0 0 COMMUNITY DEVELOPMENT 5,750 0 0 TELEPHONE 3,280 1,276 0 USDA INTEREST EXPENSE 4,266 0 0 EQUIPMENT 2,620 1,019 0 CONSULTANT 1,907 741 0 MISCELLANEOUS 1,050 409 0 LOAN FEE AMORTIZATION 1,302 0 0 POSTAGE AND SHIPPING 884 344 0 REPAIRS 809 315 0 VEHICLE EXPENSES 633 246 0 IMPAIRMENT ON OREO 600 0 0 TOTAL 34,586 6,281 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0453331
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0445853
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06363073
IRS990/TotalAssetsEOYAmt06453966
IRS990/TotalAssetsGrp/BOYAmt06363073
IRS990/TotalAssetsGrp/EOYAmt06453966
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt068976
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077417
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288755
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366172
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01477589
IRS990/TotalLiabilitiesEOYAmt01545932
IRS990/TotalLiabilitiesGrp/BOYAmt01477589
IRS990/TotalLiabilitiesGrp/EOYAmt01545932
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04885484
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04908034
IRS990/TotalOtherCompensationAmt014943
IRS990/TotalProgramServiceExpensesAmt0288755
IRS990/TotalProgramServiceRevenueAmt0318818
IRS990/TotalReportableCompFromOrgAmt072280
IRS990/TotalRevenueGrp/ExclusionAmt011
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0319735
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0388722
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06363073
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06453966
IRS990/TravelGrp/ManagementAndGeneralAmt01308
IRS990/TravelGrp/ProgramServicesAmt03364
IRS990/TravelGrp/TotalAmt04672
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04432153
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04462181
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 139
IRS990/USAddress/CityNm0TULARE
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057476
IRS990/VotingMembersGoverningBodyCnt08

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,453,966
Liabilities
$1,545,932
Net assets
$4,908,034
Revenue
$388,722
Expenses
$366,172
Net income
$22,550
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
2018Detailed filing. Detailed filing data is available for this year.$6.45$1.55$4.91$0.39$0.37$0.02
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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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