Civic Intelligence

West River Foundation for Economic And

EIN 46-0457322 • 501(c)6 • Sturgis, SD

Profile

To recruit businesses from other states and to expand in-state business including administering an economic development and relending program.

PO Box 605Sturgis, SD 57785

wrbsc.com

Siviq Scores

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

Liabilities / Assets

81st percentile

0.54x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

2.03x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Net Margin

97th percentile

64%

Higher net margin than 97% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

96th percentile

106%

Faster revenue growth than 96% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Assets

Up

$17,713,506

Up $2,718,679 (+18%) from 2024

Liabilities

Down

$9,563,003

Down $263,668 (-2.7%) from 2024

Net Assets

Up

$8,150,503

Up $2,982,347 (+58%) from 2024

Revenue

Up

$4,721,424

Up $2,929,620 (+164%) from 2024

Expenses

Up

$1,691,342

Up $760,972 (+82%) from 2024

Net Income

Up

$3,030,082

Up $2,168,648 (+252%) from 2024

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $10,754,637Liabilities 2010: $8,435,178Net Assets 2010: $2,319,4592010Assets 2011: $11,092,909Liabilities 2011: $8,771,495Net Assets 2011: $2,321,4142011Assets 2012: $11,211,208Liabilities 2012: $8,715,080Net Assets 2012: $2,496,1282012Assets 2013: $11,442,119Liabilities 2013: $9,061,530Net Assets 2013: $2,380,5892013Assets 2014: $11,752,096Liabilities 2014: $10,285,504Net Assets 2014: $1,466,5922014Assets 2015: $11,499,774Liabilities 2015: $10,144,532Net Assets 2015: $1,355,2422015Assets 2016: $12,435,705Liabilities 2016: $10,443,421Net Assets 2016: $1,992,2842016Assets 2017: $13,437,628Liabilities 2017: $11,000,027Net Assets 2017: $2,437,6012017Assets 2018: $13,326,544Liabilities 2018: $10,740,752Net Assets 2018: $2,585,7922018Assets 2019: $13,736,779Liabilities 2019: $10,762,931Net Assets 2019: $2,973,8482019Assets 2020: $14,027,655Liabilities 2020: $10,802,759Net Assets 2020: $3,224,8962020Assets 2021: $14,736,771Liabilities 2021: $10,788,448Net Assets 2021: $3,948,3232021Assets 2022: $14,301,798Liabilities 2022: $9,995,648Net Assets 2022: $4,306,1502022Assets 2023: $14,321,627Liabilities 2023: $9,844,606Net Assets 2023: $4,477,0212023Assets 2024: $14,994,827Liabilities 2024: $9,826,671Net Assets 2024: $5,168,1562024Assets 2025: $17,713,506Liabilities 2025: $9,563,003Net Assets 2025: $8,150,5032025

Highlighted filing

2025

Assets$17,713,506
Liabilities$9,563,003
Net Assets$8,150,503

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $625,3842010Revenue 2011: $745,371Expenses 2011: $779,378Net Income 2011: -$34,0072011Expenses 2012: $577,7092012Expenses 2013: $738,0612013Revenue 2014: $940,479Expenses 2014: $876,743Net Income 2014: $63,7362014Revenue 2015: $729,274Expenses 2015: $840,479Net Income 2015: -$111,2052015Revenue 2016: $1,083,712Expenses 2016: $461,391Net Income 2016: $622,3212016Revenue 2017: $1,156,353Expenses 2017: $707,197Net Income 2017: $449,1562017Revenue 2018: $982,984Expenses 2018: $839,785Net Income 2018: $143,1992018Revenue 2019: $1,022,706Expenses 2019: $650,991Net Income 2019: $371,7152019Revenue 2020: $1,016,538Expenses 2020: $738,974Net Income 2020: $277,5642020Revenue 2021: $1,456,019Expenses 2021: $829,123Net Income 2021: $626,8962021Revenue 2022: $1,281,942Expenses 2022: $887,576Net Income 2022: $394,3662022Revenue 2023: $1,108,456Expenses 2023: $922,205Net Income 2023: $186,2512023Revenue 2024: $1,791,804Expenses 2024: $930,370Net Income 2024: $861,4342024Revenue 2025: $4,721,424Expenses 2025: $1,691,342Net Income 2025: $3,030,0822025

Highlighted filing

2025

Revenue$4,721,424
Expenses$1,691,342
Net Income$3,030,082

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.7$9.56$8.15$4.72$1.69$3.03
2024Detailed filing. Detailed filing data is available for this year.$15.0$9.83$5.17$1.79$0.93$0.86
2023Detailed filing. Detailed filing data is available for this year.$14.3$9.84$4.48$1.11$0.92$0.19
2022Detailed filing. Detailed filing data is available for this year.$14.3$10.00$4.31$1.28$0.89$0.39
2021Detailed filing. Detailed filing data is available for this year.$14.7$10.8$3.95$1.46$0.83$0.63
2020Detailed filing. Detailed filing data is available for this year.$14.0$10.8$3.22$1.02$0.74$0.28
2019Detailed filing. Detailed filing data is available for this year.$13.7$10.8$2.97$1.02$0.65$0.37
2018Detailed filing. Detailed filing data is available for this year.$13.3$10.7$2.59$0.98$0.84$0.14
2017Detailed filing. Detailed filing data is available for this year.$13.4$11.0$2.44$1.16$0.71$0.45
2016Detailed filing. Detailed filing data is available for this year.$12.4$10.4$1.99$1.08$0.46$0.62
2015Detailed filing. Detailed filing data is available for this year.$11.5$10.1$1.36$0.73$0.84$0.11
2014Detailed filing. Detailed filing data is available for this year.$11.8$10.3$1.47$0.94$0.88$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$9.06$2.38$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$8.72$2.50$0.58
2011Summary only. Only limited summary data is available for this year.$11.1$8.77$2.32$0.75$0.78$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$8.44$2.32$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 19, 2025
Return Version
2024v5.2
Gross Receipts
$4,721,424
Mission and Program Overview

Mission

To recruit businesses from other states & to expand in-state business including administering an economic development & relending program.

To recruit businesses from other states and to expand in-state business including administering an economic development and relending program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,548,945$13,307,854▲ $1,758,909
Savings and Temporary Cash Investments$1,580,679$2,306,393▲ $725,714
Cash and Non-Interest-Bearing Accounts$768,974$809,755▲ $40,781
Investments in Publicly Traded Securities$561,118$696,899▲ $135,781
Accounts Receivable$184,234$298,523▲ $114,289
Total Assets$14,994,827$17,713,506▲ $2,718,679
Other Assets Total$350,877$294,082▼ $56,795
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,508,891$8,043,988▼ $464,903
Other Liabilities$1,103,999$1,103,999→ $0
Accounts Payable and Accrued Expenses$213,781$315,075▲ $101,294
Deferred Revenue$0$99,941▲ $99,941
Total Liabilities$9,826,671$9,563,003▼ $263,668
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,653,421$4,752,030▲ $2,098,609
Net Assets Without Donor Restrictions$2,514,735$3,398,473▲ $883,738
Total Net Assets Fund Balance$5,168,156$8,150,503▲ $2,982,347
Total Liabilities and Net Assets / Fund Balance$14,994,827$17,713,506▲ $2,718,679
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald RosenboomExecutive DirectorPT$50,600$50,009$100,609
Donald AndersenPresident-$4,000$4,000$8,000
James DoolittleDirector-$4,000$4,000$8,000
Shirley HalversonTreasurer-$4,000$4,000$8,000
Tim CrawfordVice President-$4,000$4,000$8,000
William TermesSecretary-$4,000$4,000$8,000

Highest Paid Contractors

ContractorServicesLocationCompensation
West River FoundationAdministrative FeesPO BOX 605, Sturgis, SD 57785$240,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,395,165
Program Service Revenue
$1,232,378
Investment Income
$93,825
Other Revenue
$56
Change in Net Assets
$3,030,082

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,721,424
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$42,432
Total Revenue per Audited Statements
$4,763,856
Total Revenue per Form 990
$4,721,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,487,890
Salaries, Compensation, and Employee Benefits$182,952
Grants and Similar Amounts Paid$20,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$451,898
Other Salaries and Wages---$99,390
Interest---$83,530
Current Officers, Directors, Trustees, and Key Employees---$71,600
Fees for Services Accounting---$59,070
Grants to Domestic Orgs---$18,000
Office Expenses---$15,138
Other Expenses---$12,560
Payroll Taxes---$11,962
Insurance---$10,957
Travel---$5,765
Grants to Domestic Individuals---$2,500
Fees for Services Legal---$727
Total Functional Expenses$0$0$0$1,691,342

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,691,342
Total Expenses per Audited Statements$1,691,342
Total Expenses per Form 990$1,691,342
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SD GOVERNOR'S OFFICE OF ECONOMIC DEVELOPMENTPierre, SDGovernment2024 GOVERNOR'S HUNT SPONSORSHIP$15,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$1,103,999
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
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 B, Line 11B

Form 990 is prepared by an independent cpa and reviewed and approved by the executive director prior to filing. The board reviews the form 990 annually.

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

Any conflicts of interest are reported to the board of directors for discussion and appropriate action consistent with the organization's conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Executive director compensation is reviewed and approved by the board of directors. All employee compensation is reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
West River Foundation for Economic and
EIN
46-0457322
Phone
6053474467
Address
PO BOX 605, STURGIS, SD 57785

Signing Officer

Name
Ronald Rosenboom
Title
Executive Director
Phone
6053474467
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Rosenboom
Formed
2000
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST STE 101, RAPID CITY, SD 57701
Preparer
Kayla Giesey CPA
Phone
6053481930
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services 451,898.

Financial Statement Notes

PART X, LINE 2:

As of june 30, 2025, the foundation had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The foundation's income tax filings are subject to audit by various taxing authorities. The foundation is no longer subject to federal and state income tax examinations by taxing authorities for years before 2022. Management continually evaluates expiring statutes of limitation, audits, proposed settlements, changes in tax law, and new authoritative rulings. The foundation believes their estimates are appropriate based on current facts and circumstances. Interest and penalties assessed by income taxing authorities, if any, are included in interest expense.

Raw XML AppendixShowing 400 of 415 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/BOYAmt0213781
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0315075
IRS990/AccountsReceivableGrp/BOYAmt0184234
IRS990/AccountsReceivableGrp/EOYAmt0298523
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO RECRUIT BUSINESSES FROM OTHER STATES AND TO EXPAND IN-STATE BUSINESS INCLUDING ADMINISTERING AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06053474467
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 605
IRS990/BooksInCareOfDetail/USAddress/CityNm0STURGIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057785
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0768974
IRS990/CashNonInterestBearingGrp/EOYAmt0809755
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt071600
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0240000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 605
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0STURGIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0SD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd057785
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WEST RIVER FOUNDATION
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATIVE FEES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03395165
IRS990/CYGrantsAndSimilarPaidAmt020500
IRS990/CYInvestmentIncomeAmt093825
IRS990/CYOtherExpensesAmt01487890
IRS990/CYOtherRevenueAmt056
IRS990/CYProgramServiceRevenueAmt01232378
IRS990/CYRevenuesLessExpensesAmt03030082
IRS990/CYSalariesCompEmpBnftPaidAmt0182952
IRS990/CYTotalExpensesAmt01691342
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04721424
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt099941
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO ADMINISTER AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02653421
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04752030
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/TotalAmt059070
IRS990/FeesForServicesLegalGrp/TotalAmt0727
IRS990/FeesForServicesOtherGrp/TotalAmt0451898
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt520.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt520.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0DONALD ANDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2SHIRLEY HALVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM TERMES
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES DOOLITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm5RONALD ROSENBOOM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt44000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt550600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt04000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt24000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt34000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt44000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt550009
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt03395165
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt018000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04721424
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt010957
IRS990/InterestGrp/TotalAmt083530
IRS990/InvestmentIncomeGrp/ExclusionAmt093825
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt093825
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0561118
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0696899
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO RECRUIT BUSINESSES FROM OTHER STATES AND TO EXPAND IN-STATE BUSINESS INCLUDING ADMINISTERING AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08508891
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08043988
IRS990/NetAssetsOrFundBalancesBOYAmt05168156
IRS990/NetAssetsOrFundBalancesEOYAmt08150503
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt042432
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02514735
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03398473
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt015138
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0350877
IRS990/OtherAssetsTotalGrp/EOYAmt0294082
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATION FEES
IRS990/OtherExpensesGrp/Desc2LOAN FEES
IRS990/OtherExpensesGrp/TotalAmt0608245
IRS990/OtherExpensesGrp/TotalAmt1240000
IRS990/OtherExpensesGrp/TotalAmt212560
IRS990/OtherLiabilitiesGrp/BOYAmt01103999
IRS990/OtherLiabilitiesGrp/EOYAmt01103999
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt056
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt056
IRS990/OtherRevenueTotalAmt056
IRS990/OtherSalariesAndWagesGrp/TotalAmt099390
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011548945
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt013307854
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt011962
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RONALD ROSENBOOM
IRS990/PriorPeriodAdjustmentsAmt0-90167
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0602366
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1574156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt255856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0602366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1574156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255856
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0742048
IRS990/PYGrantsAndSimilarPaidAmt021500
IRS990/PYInvestmentIncomeAmt069566
IRS990/PYOtherExpensesAmt0733513
IRS990/PYOtherRevenueAmt03
IRS990/PYProgramServiceRevenueAmt0980187
IRS990/PYRevenuesLessExpensesAmt0861434
IRS990/PYSalariesCompEmpBnftPaidAmt0175357
IRS990/PYTotalExpensesAmt0930370
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01791804
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03030082
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01580679
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02306393
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01691342
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt042432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01103999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/RevenueNotReportedAmt042432
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04721424
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 30, 2025, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2022. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01691342
IRS990ScheduleD/TotalLiabilityAmt01103999
IRS990ScheduleD/TotalRevenuePerForm990Amt04721424
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04763856
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01691342
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt02024 GOVERNOR'S HUNT SPONSORSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SD GOVERNOR'S OFFICE OF ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientEIN0466000364
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0711 E WELLS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PIERRE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057501
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AWARDS AND SCHOLARSHIPS ARE AWARDED BASED ON ELIGIBILITY CRITERIA SET FORTH BY THE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. THE BOARD REVIEWS THE FORM 990 ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD OF DIRECTORS FOR DISCUSSION AND APPROPRIATE ACTION CONSISTENT WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. ALL EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT SERVICES 451,898.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WEST RIVER FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363354458
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0IMPROVE EDUCATIONAL, ORGANIZATIONAL, AND ECONOMIC RESOURCES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 605
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0STURGIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd057783
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0460867
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WEST RIVER FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014994827
IRS990/TotalAssetsEOYAmt017713506
IRS990/TotalAssetsGrp/BOYAmt014994827
IRS990/TotalAssetsGrp/EOYAmt017713506
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03395165
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt01691342
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09826671
IRS990/TotalLiabilitiesEOYAmt09563003
IRS990/TotalLiabilitiesGrp/BOYAmt09826671
IRS990/TotalLiabilitiesGrp/EOYAmt09563003
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05168156
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08150503
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01232378
IRS990/TotalReportableCompFromOrgAmt070600
IRS990/TotalRevenueGrp/ExclusionAmt093881
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01232378
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04721424
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014994827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017713506
IRS990/TotReportableCompRltdOrgAmt070009
IRS990/TravelGrp/TotalAmt05765
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 605
IRS990/USAddress/CityNm0STURGIS
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057785
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTPS://WRBSC.COM/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD ROSENBOOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06053474467
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEST RIVER FOUNDATION FOR ECONOMIC AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0460457322
ReturnHeader/Filer/PhoneNum06053474467
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 605
ReturnHeader/Filer/USAddress/CityNm0STURGIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057785

Document Assets

No mirrored PDF or thumbnail assets are attached yet.