Civic Intelligence

Southeast Technical Institute Housing Foundation

990 • Fiscal year 2013 • EIN 46-2014496

Jan 01, 2013 to Dec 31, 2013 • Filed on May 01, 2014

2320 N Career Ave57107

(605) 367-5751

Siviq Scores

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

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

93rd percentile

5.09x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

37th percentile

-0.2%

Higher net margin than 37% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$5,537,851

Down $155,476 (-2.7%) from 2012

Net Assets

Down

$469,247

Down $12,176 (-2.5%) from 2012

Liabilities

Down

$5,068,604

Down $143,300 (-2.7%) from 2012

Revenue

$995,827

No earlier filing loaded for comparison.

Expenses

Up

$997,572

Up $60,283 (+6.4%) from 2012

Net Income

-$1,745

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,812,152Liabilities 2010: $5,460,929Net Assets 2010: $351,2232010Assets 2011: $5,752,647Liabilities 2011: $5,334,169Net Assets 2011: $418,4782011Assets 2012: $5,693,327Liabilities 2012: $5,211,904Net Assets 2012: $481,4232012Assets 2013: $5,537,851Liabilities 2013: $5,068,604Net Assets 2013: $469,2472013Assets 2014: $5,189,882Liabilities 2014: $4,898,932Net Assets 2014: $290,9502014Assets 2015: $5,041,278Liabilities 2015: $4,725,225Net Assets 2015: $316,0532015Assets 2016: $4,276,171Liabilities 2016: $3,838,954Net Assets 2016: $437,2172016Assets 2017: $4,221,322Liabilities 2017: $3,612,762Net Assets 2017: $608,5602017Assets 2018: $4,188,636Liabilities 2018: $3,423,178Net Assets 2018: $765,4582018Assets 2019: $4,117,254Liabilities 2019: $3,235,720Net Assets 2019: $881,5342019Assets 2020: $3,885,930Liabilities 2020: $3,006,508Net Assets 2020: $879,4222020Assets 2021: $3,866,685Liabilities 2021: $2,782,335Net Assets 2021: $1,084,3502021Assets 2022: $3,865,095Liabilities 2022: $2,575,991Net Assets 2022: $1,289,1042022Assets 2023: $3,909,922Liabilities 2023: $2,502,289Net Assets 2023: $1,407,6332023Assets 2024: $4,109,481Liabilities 2024: $2,611,363Net Assets 2024: $1,498,1182024

Highlighted filing

2013

Assets$5,537,851
Liabilities$5,068,604
Net Assets$469,247

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $924,8652010Expenses 2011: $916,2982011Expenses 2012: $937,2892012Revenue 2013: $995,827Expenses 2013: $997,572Net Income 2013: -$1,7452013Revenue 2014: $1,023,230Expenses 2014: $975,386Net Income 2014: $47,8442014Revenue 2015: $1,025,030Expenses 2015: $1,014,761Net Income 2015: $10,2692015Revenue 2016: $1,021,177Expenses 2016: $1,120,601Net Income 2016: -$99,4242016Revenue 2017: $998,312Expenses 2017: $826,972Net Income 2017: $171,3402017Revenue 2018: $1,018,318Expenses 2018: $861,422Net Income 2018: $156,8962018Revenue 2019: $1,017,690Expenses 2019: $901,618Net Income 2019: $116,0722019Revenue 2020: $869,814Expenses 2020: $871,918Net Income 2020: -$2,1042020Revenue 2021: $1,057,444Expenses 2021: $852,516Net Income 2021: $204,9282021Revenue 2022: $1,090,164Expenses 2022: $885,410Net Income 2022: $204,7542022Revenue 2023: $1,119,419Expenses 2023: $1,000,890Net Income 2023: $118,5292023Revenue 2024: $1,259,117Expenses 2024: $1,168,632Net Income 2024: $90,4852024

Highlighted filing

2013

Revenue$995,827
Expenses$997,572
Net Income-$1,745
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 1, 2014
Return Version
2013v3.1
Gross Receipts
$995,827
Mission and Program Overview

Mission

Develop, own, manage and operate student housing exclusively for the benefit of southeast technical institute, a public institution, or organizations closely related in purpose to southeast technical institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,706,066$3,619,096▼ $86,970
Savings and Temporary Cash Investments$1,120,126$1,045,770▼ $74,356
Investments in Publicly Traded Securities$582,901$600,340▲ $17,439
Intangible Assets$257,843$245,422▼ $12,421
Accounts Receivable$14,365$15,327▲ $962
Prepaid Expenses and Deferred Charges$11,226$11,096▼ $130
Cash and Non-Interest-Bearing Accounts$800$800→ $0
Total Assets$5,693,327$5,537,851▼ $155,476
Liabilities
Tax Exempt Bond Liabilities$4,981,995$4,858,376▼ $123,619
Other Liabilities$198,032$190,239▼ $7,793
Accounts Payable and Accrued Expenses$31,877$19,989▼ $11,888
Total Liabilities$5,211,904$5,068,604▼ $143,300
Net Assets / Fund Balance
Unrestricted Net Assets$1,499,504$1,463,104▼ $36,400
Temporarily Rstr Net Assets$-1,018,081$-993,857▲ $24,224
Total Net Assets Fund Balance$481,423$469,247▼ $12,176
Total Liabilities and Net Assets / Fund Balance$5,693,327$5,537,851▼ $155,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,391,397$1,502,105$4,893,502
Equipment$124,964$327,196$452,160
Other Land Buildings$102,735$21,862$124,597
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg GohlPresident
Jim SchmidtDirector
Jon SognDirector
Joy SmolniskySECRETARY\TR
Tim HouskaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$981,627
Investment Income
$5,053
Other Revenue
$9,147
Change in Net Assets
$-1,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$995,827
Revenue Not Reported on Form 990
$-10,431
Total Revenue per Audited Statements
$985,396
Total Revenue per Form 990
$995,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$997,572
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
Interest$284,287--$284,287
Depreciation Depletion$204,898--$204,898
Payments to Affiliates$172,301--$172,301
All Other Expenses$113,067$453-$113,520
Other Expenses$31,148$32,915-$31,148
Fees for Services Accounting-$18,074-$18,074
Insurance$15,714--$15,714
Information Technology$2,597--$2,597
Total Functional Expenses$946,130$51,442$0$997,572

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$997,572
Total Expenses per Audited Statements$997,572
Total Expenses per Form 990$997,572
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses - Phase 2$70,324
Accrued Expenses - Phase 1$50,176
Security Deposits Payable - Phase 2$35,330
Security Deposits Payable - Phase 1$34,409

Bond Issues

BondIssuerIssuedIssue PricePurpose
A46-03186682004-10-01$3,201,742Construction of 100 bed housng unit

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,201,742--$171,519

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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
No
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

Prior to filing the form 990, it is reviewed by the accounting manager and the vice president of finance & operations.

Form 990, Page 6, Part VI, Line 19

The governing documents are available at the business office at southeast technical institute for review upon request.

Filing and Contact Details

Filer

EIN
46-2014496
Phone
6053675751

Signing Officer

Name
Tim Houska
Title
Vice President
Phone
6053675751
Signed
2014-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Gohl
Formed
2001
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Preparer
Barbara a Whetham
Phone
6053360935
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Utilities - water & sewer 25,562 0 0 garbage collection 15,810 0 0 bond fees - sdhda 14,860 0 0 cable tv 13,897 0 0 utilities - natural gas 10,666 0 0 repairs & maintenance - g 9,643 0 0 bad debt expense 8,653 0 0 supplies 6,112 0 0 trustee fees 2,500 0 0 telephone 2,206 0 0 office expense 1,965 0 0 activities 1,193 0 0 meals & entertainment 0 453 0

Raw XML Appendix389 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/BOYAmt031877
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019989
IRS990/AccountsReceivableGrp/BOYAmt014365
IRS990/AccountsReceivableGrp/EOYAmt015327
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0DEVELOP, OWN, MANAGE AND OPERATE STUDENT HOUSING EXCLUSIVELY FOR THE BENEFIT OF SOUTHEAST TECHNICAL INSTITUTE, A PUBLIC INSTITUTION, OR ORGANIZATIONS CLOSELY RELATED IN PURPOSE TO SOUTHEAST TECHNICAL INSTITUTE.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0453
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0113067
IRS990/AllOtherExpensesGrp/TotalAmt0113520
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10MICHAEL STEPHENS-STI HOUSNG FOUNDTN
IRS990/BooksInCareOfDetail/PhoneNum06053675751
IRS990/BooksInCareOfDetail/USAddress/AddressLine102320 N CAREER AVE
IRS990/BooksInCareOfDetail/USAddress/City0SIOUX FALLS
IRS990/BooksInCareOfDetail/USAddress/State0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCode057107
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0800
IRS990/CashNonInterestBearingGrp/EOYAmt0800
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05053
IRS990/CYOtherExpensesAmt0997572
IRS990/CYOtherRevenueAmt09147
IRS990/CYProgramServiceRevenueAmt0981627
IRS990/CYRevenuesLessExpensesAmt0-1745
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0997572
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0995827
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0204898
IRS990/DepreciationDepletionGrp/TotalAmt0204898
IRS990/Desc0PROVIDE STUDENT HOUSING FOR THE BENEFIT OF SOUTHEAST TECHNICAL INSTITUTE, A PUBLIC POST-SECONDARY EDUCATION INSTITUTION OF THE SIOUX FALLS SCHOOL DISTRICT AND THE STATE OF SOUTH DAKOTA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0946130
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018074
IRS990/FeesForServicesAccountingGrp/TotalAmt018074
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0GREG GOHL
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM HOUSKA
IRS990/Form990PartVIISectionAGrp/PersonNm2JOY SMOLNISKY
IRS990/Form990PartVIISectionAGrp/PersonNm3JON SOGN
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM SCHMIDT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY\TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0995827
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02597
IRS990/InformationTechnologyGrp/TotalAmt02597
IRS990/InsuranceGrp/ProgramServicesAmt015714
IRS990/InsuranceGrp/TotalAmt015714
IRS990/IntangibleAssetsGrp/BOYAmt0257843
IRS990/IntangibleAssetsGrp/EOYAmt0245422
IRS990/InterestGrp/ProgramServicesAmt0284287
IRS990/InterestGrp/TotalAmt0284287
IRS990/InvestmentIncomeGrp/ExclusionAmt05053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05053
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0582901
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0600340
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01851163
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03706066
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03619096
IRS990/LandBldgEquipCostOrOtherBssAmt05470259
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DEVELOP, OWN, MANAGE AND OPERATE STUDENT HOUSING EXCLUSIVELY FOR THE BENEFIT OF SOUTHEAST TECHNICAL INSTITUTE, A PUBLIC INSTITUTION, OR ORGANIZATIONS CLOSELY RELATED IN PURPOSE TO SOUTHEAST TECHNICAL INSTITUTE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0481423
IRS990/NetAssetsOrFundBalancesEOYAmt0469247
IRS990/NetUnrlzdGainsLossesInvstAmt0-10431
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES - ELECTRICITY
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3CLEANING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032915
IRS990/OtherExpensesGrp/ProgramServicesAmt065699
IRS990/OtherExpensesGrp/ProgramServicesAmt156419
IRS990/OtherExpensesGrp/ProgramServicesAmt231148
IRS990/OtherExpensesGrp/TotalAmt065699
IRS990/OtherExpensesGrp/TotalAmt156419
IRS990/OtherExpensesGrp/TotalAmt232915
IRS990/OtherExpensesGrp/TotalAmt331148
IRS990/OtherLiabilitiesGrp/BOYAmt0198032
IRS990/OtherLiabilitiesGrp/EOYAmt0190239
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/Desc0REVENUE - LAUNDROMAT
IRS990/OtherRevenueMiscGrp/ExclusionAmt09147
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09147
IRS990/OtherRevenueTotalAmt09147
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0172301
IRS990/PaymentsToAffiliatesGrp/TotalAmt0172301
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011226
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011096
IRS990/PrincipalOfficerNm0GREG GOHL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1REVENUE - FINES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0972967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0972967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18660
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012841
IRS990/PYOtherExpensesAmt0937289
IRS990/PYOtherRevenueAmt08441
IRS990/PYProgramServiceRevenueAmt0981956
IRS990/PYRevenuesLessExpensesAmt065949
IRS990/PYTotalExpensesAmt0937289
IRS990/PYTotalRevenueAmt01003238
IRS990/ReconcilationRevenueExpnssAmt0-1745
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0981627
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01120126
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01045770
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd0false
IRS990ScheduleA/ContributionControllerInd0false
IRS990ScheduleA/ContributionFamilyInd0false
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0THE 946,130 OF MONETARY SUPPORT REPRESENTS PROGRAM EXPENSES PAID FOR BY THE ORGANIZATION RELATED TO THE STUDENT HOUSING PROVIDED FOR THE EXCLUSIVE BENEFIT OF THE INSTITUTE.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0466002586
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc06
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0970356
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10SOUTHEAST TECHNICAL INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0true
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0970356
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03391397
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01502105
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04893502
IRS990ScheduleD/EquipmentGrp/BookValueAmt0124964
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0327196
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0452160
IRS990ScheduleD/ExpensesSubtotalAmt0997572
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-10431
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0102735
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021862
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070324
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt150176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt235330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt334409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES - PHASE 2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES - PHASE 1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS PAYABLE - PHASE 2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSITS PAYABLE - PHASE 1
IRS990ScheduleD/RevenueNotReportedAmt0-10431
IRS990ScheduleD/RevenueSubtotalAmt0995827
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03619096
IRS990ScheduleD/TotalExpensesPerForm990Amt0997572
IRS990ScheduleD/TotalLiabilityAmt0190239
IRS990ScheduleD/TotalRevenuePerForm990Amt0995827
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0985396
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0997572
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02004-10-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0460318668
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03201742
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10SERIES 2004A HOUSING REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine20SD HOUSING DEVELOPMENT-CITIBANK
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION OF 100 BED HOUSNG UNIT
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt03117116
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0257988
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0171519
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02005
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt03201742
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE FORM 990, IT IS REVIEWED BY THE ACCOUNTING MANAGER AND THE VICE PRESIDENT OF FINANCE & OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS ARE AVAILABLE AT THE BUSINESS OFFICE AT SOUTHEAST TECHNICAL INSTITUTE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UTILITIES - WATER & SEWER 25,562 0 0 GARBAGE COLLECTION 15,810 0 0 BOND FEES - SDHDA 14,860 0 0 CABLE TV 13,897 0 0 UTILITIES - NATURAL GAS 10,666 0 0 REPAIRS & MAINTENANCE - G 9,643 0 0 BAD DEBT EXPENSE 8,653 0 0 SUPPLIES 6,112 0 0 TRUSTEE FEES 2,500 0 0 TELEPHONE 2,206 0 0 OFFICE EXPENSE 1,965 0 0 ACTIVITIES 1,193 0 0 MEALS & ENTERTAINMENT 0 453 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04981995
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04858376
IRS990/TaxExemptBondsInd0true
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0-1018081
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0-993857
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05693327
IRS990/TotalAssetsEOYAmt05537851
IRS990/TotalAssetsGrp/BOYAmt05693327
IRS990/TotalAssetsGrp/EOYAmt05537851
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051442
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0946130
IRS990/TotalFunctionalExpensesGrp/TotalAmt0997572
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05211904
IRS990/TotalLiabilitiesEOYAmt05068604
IRS990/TotalLiabilitiesGrp/BOYAmt05211904
IRS990/TotalLiabilitiesGrp/EOYAmt05068604
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0481423
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0469247
IRS990/TotalProgramServiceExpensesAmt0946130
IRS990/TotalProgramServiceRevenueAmt0981627
IRS990/TotalRevenueGrp/ExclusionAmt014200
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0981627
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0995827
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05693327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05537851
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01499504
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01463104
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102320 N CAREER AVE
IRS990/USAddress/City0SIOUX FALLS
IRS990/USAddress/State0SD
IRS990/USAddress/ZIPCode057107
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM HOUSKA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06053675751
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10SOUTHEAST TECHNICAL INSTITUTE
ReturnHeader/Filer/BusinessName/BusinessNameLine20HOUSING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0462014496
ReturnHeader/Filer/PhoneNum06053675751
ReturnHeader/Filer/USAddress/AddressLine102320 N CAREER AVE
ReturnHeader/Filer/USAddress/City0SIOUX FALLS
ReturnHeader/Filer/USAddress/State0SD
ReturnHeader/Filer/USAddress/ZIPCode057107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BRANDT SOLOMON & ANDERSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10622 S MINNESOTA AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0571044825
ReturnHeader/PreparerPersonGrp/PhoneNum06053360935
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA A WHETHAM
ReturnHeader/ReturnTs02014-05-07T15:26:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.11$2.61$1.50$1.26$1.17$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.91$2.50$1.41$1.12$1.00$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.87$2.58$1.29$1.09$0.89$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.87$2.78$1.08$1.06$0.85$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.89$3.01$0.88$0.87$0.87$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.12$3.24$0.88$1.02$0.90$0.12
2018Detailed filing. Detailed filing data is available for this year.$4.19$3.42$0.77$1.02$0.86$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.22$3.61$0.61$1.00$0.83$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.28$3.84$0.44$1.02$1.12$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.04$4.73$0.32$1.03$1.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.19$4.90$0.29$1.02$0.98$0.05
2013Detailed filing. Detailed filing data is available for this year.$5.54$5.07$0.47$1.00$1.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$5.21$0.48$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$5.33$0.42$0.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$5.46$0.35$0.92
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $5M-$10M nonprofits