Civic Intelligence

Parkston Area Development Corporation

EIN 46-0444442 • 501(c)6 • Parkston, SD

Profile

Provide economic opportunities for the city of parkston, sd

PO Box 772Parkston, SD 57366

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.20x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-8.9%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

49th percentile

-1.1%

Faster asset growth than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-61%

Faster revenue growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$1,969,133

Up $1,715,308 (+676%) from 2024

Liabilities

Up

$1,715,675

Up $1,709,462 (+27514%) from 2024

Net Assets

Up

$253,458

Up $5,846 (+2.4%) from 2024

Operations
Liabilities / Revenue84th percentileNet Margin33rd percentile

Revenue

Up

$40,282

Up $9,662 (+32%) from 2024

Expenses

Up

$34,436

Up $1,090 (+3.3%) from 2024

Net Income

Up

$5,846

Up $8,572 (+314%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $164,579Liabilities 2011: $13,300Net Assets 2011: $151,2792011Assets 2012: $178,779Liabilities 2012: $10,800Net Assets 2012: $167,9792012Assets 2013: $188,583Liabilities 2013: $15,800Net Assets 2013: $172,7832013Assets 2014: $316,696Liabilities 2014: $133,141Net Assets 2014: $183,5552014Assets 2015: $285,292Liabilities 2015: $130,318Net Assets 2015: $154,9742015Assets 2016: $298,281Liabilities 2016: $116,433Net Assets 2016: $181,8482016Assets 2017: $136,495Liabilities 2017: $0Net Assets 2017: $136,4952017Assets 2018: $139,240Liabilities 2018: $0Net Assets 2018: $139,2402018Assets 2019: $161,238Liabilities 2019: $3,000Net Assets 2019: $158,2382019Assets 2020: $196,802Liabilities 2020: $11,202Net Assets 2020: $185,6002020Assets 2021: $198,233Liabilities 2021: $12,202Net Assets 2021: $186,0312021Assets 2022: $209,141Liabilities 2022: $7,186Net Assets 2022: $201,9552022Assets 2023: $256,551Liabilities 2023: $6,213Net Assets 2023: $250,3382023Assets 2024: $253,825Liabilities 2024: $6,213Net Assets 2024: $247,6122024Assets 2025: $1,969,133Liabilities 2025: $1,715,675Net Assets 2025: $253,4582025

Highlighted filing

2025

Assets$1,969,133
Liabilities$1,715,675
Net Assets$253,458
Open 2025 Filing

Operations Trend

Revenue Growth8th percentile

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

$100K$50K$0-$50KExpenses 2011: $30,1812011Expenses 2012: $23,8682012Revenue 2013: $34,441Expenses 2013: $29,637Net Income 2013: $4,8042013Revenue 2014: $45,431Expenses 2014: $34,659Net Income 2014: $10,7722014Revenue 2015: $63,250Expenses 2015: $91,831Net Income 2015: -$28,5812015Revenue 2016: $69,143Expenses 2016: $50,607Net Income 2016: $18,5362016Revenue 2017: $1,924Expenses 2017: $47,277Net Income 2017: -$45,3532017Revenue 2018: $38,793Expenses 2018: $36,048Net Income 2018: $2,7452018Revenue 2019: $35,000Expenses 2019: $36,002Net Income 2019: -$1,0022019Revenue 2020: $61,073Expenses 2020: $33,711Net Income 2020: $27,3622020Revenue 2021: $59,254Expenses 2021: $58,823Net Income 2021: $4312021Revenue 2022: $45,001Expenses 2022: $29,077Net Income 2022: $15,9242022Revenue 2023: $79,131Expenses 2023: $30,748Net Income 2023: $48,3832023Revenue 2024: $30,620Expenses 2024: $33,346Net Income 2024: -$2,7262024Revenue 2025: $40,282Expenses 2025: $34,436Net Income 2025: $5,8462025

Highlighted filing

2025

Revenue$40,282
Expenses$34,436
Net Income$5,846
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,969,133
Liabilities
$1,715,675
Net assets
$253,458
Revenue
$40,282
Expenses
$34,436
Net income
$5,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.97$1.72$0.25$0.04$0.03$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.25$0.03$0.03$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.25$0.08$0.03$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.05$0.03$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.06$0.06$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.06$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.04$0.04$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.04$0.04$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.00$0.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.12$0.18$0.07$0.05$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.13$0.15$0.06$0.09$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.13$0.18$0.05$0.03$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$0.03$0.03$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.01$0.17$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 19, 2026
Return Version
2025v4.0
Gross Receipts
$40,282
Mission and Program Overview

Mission

Provide economic opportunities for

Provide economic opportunities for the city of parkston, sd

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$144,569$1,633,419▲ $1,488,850
Cash and Non-Interest-Bearing Accounts$109,256$335,714▲ $226,458
Total Assets$253,825$1,969,133▲ $1,715,308
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,678,677-
Accounts Payable and Accrued Expenses$6,213$28,496▲ $22,283
Deferred Revenue-$8,502-
Total Liabilities$6,213$1,715,675▲ $1,709,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$247,612$253,458▲ $5,846
Total Net Assets Fund Balance$247,612$253,458▲ $5,846
Total Liabilities and Net Assets / Fund Balance$253,825$1,969,133▲ $1,715,308

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,608,807--
Equipment$24,612--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Drew MunteferingPresident
Mike MaxwellVice-president
Glenn HarnischDirector
Greg ReiserDirector
James D BormannDirector
Kelly HohnDirector
Lance ThuryDirector
Lindsay WeberDirector
Melissa StorkDirector
Patrick MikkonenDirector
Scott HerrSecretary
Jolyn DoeringTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,500
Program Service Revenue
$0
Investment Income
$10,532
Other Revenue
$2,250
All Other Contributions
$27,500
Change in Net Assets
$5,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$3,854$0$0$3,854
Occupancy$2,875$0$0$2,875
Other Expenses$500$0$0$500
Fees for Services Accounting$0$345$0$345
Total Functional Expenses$34,091$345$0$34,436
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Parkston Area Development Corporation
EIN
46-0444442
Phone
6059287630
Address
PO BOX 772, PARKSTON, SD 57366

Signing Officer

Name
Drew Muntefering
Title
President
Phone
6059287630
Signed
2026-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James D Bormann
Formed
1997
Legal Domicile
Sd
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Schoenfish & Co Inc
Address
PO BOX 247, PARKSTON, SD 57366
Preparer
Randy R Schoenfish
Phone
6059287241
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“A copy of the tax return is available upon request.”

Raw XML Appendix342 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06213
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028496
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE ECONOMIC OPPORTUNITIES FOR THE CITY OF PARKSTON, SD
IRS990/AllOtherContributionsAmt027500
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOLYN DOERING
IRS990/BooksInCareOfDetail/PhoneNum06059287630
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 161
IRS990/BooksInCareOfDetail/USAddress/CityNm0PARKSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057366
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0109256
IRS990/CashNonInterestBearingGrp/EOYAmt0335714
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt027500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010532
IRS990/CYOtherExpensesAmt034436
IRS990/CYOtherRevenueAmt02250
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt05846
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt034436
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt040282
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt08502
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR THE CITY OF PARKSTON, SD
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0345
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt0345
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES D BORMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2JOLYN DOERING
IRS990/Form990PartVIISectionAGrp/PersonNm3GREG REISER
IRS990/Form990PartVIISectionAGrp/PersonNm4DREW MUNTEFERING
IRS990/Form990PartVIISectionAGrp/PersonNm5MELISSA STORK
IRS990/Form990PartVIISectionAGrp/PersonNm6PATRICK MIKKONEN
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT HERR
IRS990/Form990PartVIISectionAGrp/PersonNm8LINDSAY WEBER
IRS990/Form990PartVIISectionAGrp/PersonNm9GLENN HARNISCH
IRS990/Form990PartVIISectionAGrp/PersonNm10LANCE THURY
IRS990/Form990PartVIISectionAGrp/PersonNm11KELLY HOHN
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt07500
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt07500
IRS990/GrossReceiptsAmt040282
IRS990/GrossRentsGrp/PersonalAmt01750
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt03854
IRS990/InsuranceGrp/TotalAmt03854
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03032
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0144569
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01633419
IRS990/LandBldgEquipCostOrOtherBssAmt01633419
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0500
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0PROVIDE ECONOMIC OPPORTUNITIES FOR THE CITY OF PARKSTON, SD
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01678677
IRS990/NetAssetsOrFundBalancesBOYAmt0247612
IRS990/NetAssetsOrFundBalancesEOYAmt0253458
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt07500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07500
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01750
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01750
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0247612
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0253458
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt02875
IRS990/OccupancyGrp/TotalAmt02875
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc1DOWNTOWN FACADE GRANT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt026862
IRS990/OtherExpensesGrp/ProgramServicesAmt1500
IRS990/OtherExpensesGrp/TotalAmt026862
IRS990/OtherExpensesGrp/TotalAmt1500
IRS990/OtherRevenueTotalAmt0500
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES D BORMANN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027500
IRS990/PYInvestmentIncomeAmt0-130
IRS990/PYOtherExpensesAmt033346
IRS990/PYOtherRevenueAmt03250
IRS990/PYRevenuesLessExpensesAmt0-2726
IRS990/PYTotalExpensesAmt033346
IRS990/PYTotalRevenueAmt030620
IRS990/ReconcilationRevenueExpnssAmt05846
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt01750
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt024612
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt024612
IRS990ScheduleD/LandGrp/BookValueAmt01608807
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01608807
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01633419
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0253825
IRS990/TotalAssetsEOYAmt01969133
IRS990/TotalAssetsGrp/BOYAmt0253825
IRS990/TotalAssetsGrp/EOYAmt01969133
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0345
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034091
IRS990/TotalFunctionalExpensesGrp/TotalAmt034436
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06213
IRS990/TotalLiabilitiesEOYAmt01715675
IRS990/TotalLiabilitiesGrp/BOYAmt06213
IRS990/TotalLiabilitiesGrp/EOYAmt01715675
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0247612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253458
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012782
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt040282
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0253825
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01969133
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0604 WEST FIR STREET
IRS990/USAddress/CityNm0PARKSTON
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057366
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DREW MUNTEFERING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06059287630
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARKSTON AREA DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0460444442
ReturnHeader/Filer/PhoneNum06059287630
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 772
ReturnHeader/Filer/USAddress/CityNm0PARKSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057366
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460353724
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHOENFISH & CO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 247
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARKSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057366
ReturnHeader/PreparerPersonGrp/PhoneNum06059287241
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDY R SCHOENFISH
ReturnHeader/ReturnTs02026-03-24T15:15:12-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.