Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Henry Development Corporation
EIN 46-6037533 • 501(c)6 • Arlington, SD
Profile
To promote the town of henry sd
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.14x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 21.9% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Balance Sheet
Assets
Down$101,025
Down $2,917 (-2.8%) from 2023
Liabilities
Down$14,543
Down $161 (-1.1%) from 2023
Net Assets
Down$86,482
Down $2,756 (-3.1%) from 2023
Revenue
Down$31,112
Down $5,829 (-16%) from 2023
Expenses
Down$33,868
Down $2,071 (-5.8%) from 2023
Net Income
Down-$2,756
Down $3,758 (-375%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $101,025
- Liabilities
- $14,543
- Net assets
- $86,482
- Revenue
- $31,112
- Expenses
- $33,868
- Net income
- -$2,756
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $38,341
Mission and Program Overview
Mission
To provide rental options in henry sd
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION OPERATES RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENT OF ELIGIBLE OCCUPANTS | - | $34,484 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SARAH STEFFENSEN | Manager | PT | $6,208 | - | $6,208 |
| FAIN GEIGER | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Henry Development Corporation
- EIN
- 46-6037533
- Address
- 104 E ASH, ARLINGTON, SD 57212
Signing Officer
- Name
- Sarah Steffensen
- Title
- Manager
- Signed
- 2023-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Ledgers Inc
- Address
- 9 S Broadway, Watertown, SD 57201
- Preparer
- Lisa Boersma CPA
- Phone
- 6058820686
Supplemental Narrative
Additional Explanations
General explanation attachment
“Form 990-ez, part iii - organizations primary exempt purpose:the organizations primary exempt purpose is to promote the general, social, and commercial welfare of the town of henry, sd and the surrounding area and to encourage, advance, and promote the commercial, civic and social interests of said town.”
Description of other expenses Part I line 16
“Description amountdepreciation 2,404insurance 4,084license fee 64interest expense 212”
Description of other assets Part II line 24
“Category beginning of year end of yearreserve account 48,433 54,525”
Description of total liabilities Part II line 26
“Category beginning of year end of yearnotes payable 13,126 12,624security deposits 2,610 2,965”
Raw XML Appendix108 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SARAH STEFFENSEN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6052030977 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 104 E ASH |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ARLINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57212 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 32966 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 32987 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3857 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 671 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 100115 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 103825 |
| IRS990EZ/GrossReceiptsAmt | 0 | 38341 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 97 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 18716 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 16313 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 84379 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 88236 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 84379 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 88236 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20841 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 6208 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | FAIN GEIGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SARAH STEFFENSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MANAGER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 48433 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 54525 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6764 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE RENTAL OPTIONS IN HENRY SD |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 38244 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION OPERATES RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENT OF ELIGIBLE OCCUPANTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34484 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 6208 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15736 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15589 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 34484 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34484 |
| IRS990EZ/TotalRevenueAmt | 0 | 38341 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART III - ORGANIZATIONS PRIMARY EXEMPT PURPOSE:THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE GENERAL, SOCIAL, AND COMMERCIAL WELFARE OF THE TOWN OF HENRY, SD AND THE SURROUNDING AREA AND TO ENCOURAGE, ADVANCE, AND PROMOTE THE COMMERCIAL, CIVIC AND SOCIAL INTERESTS OF SAID TOWN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTDEPRECIATION 2,404INSURANCE 4,084LICENSE FEE 64INTEREST EXPENSE 212 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARRESERVE ACCOUNT 48,433 54,525 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARNOTES PAYABLE 13,126 12,624SECURITY DEPOSITS 2,610 2,965 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SARAH STEFFENSEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HENRY DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HENR |
| ReturnHeader/Filer/EIN | 0 | 466037533 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 104 E ASH |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ARLINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 57212 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 432016112 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Ledgers Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9 S Broadway |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Watertown |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 57201 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6058820686 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lisa Boersma CPA |
| ReturnHeader/ReturnTs | 0 | 2023-05-15T10:44:32-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SARAH |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | STEFFENSEN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.