Civic Intelligence

South Dakota Trust Association Inc

EIN 47-2288561 • 501(c)6 • Sioux Falls, SD

Profile

The corporation's mission is to promote, educate, and support professionals and organizations involved in south dakota's trust and estate planning industry.

PO Box 91222Sioux Falls, SD 57109

sdtrustassociation.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

58th percentile

4.7%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

62nd percentile

4.5%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

59th percentile

4.4%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Up

$240,208

Up $10,362 (+4.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$240,208

Up $10,362 (+4.5%) from 2023

Revenue

Up

$220,864

Up $9,360 (+4.4%) from 2023

Expenses

Down

$210,502

Down $27,156 (-11%) from 2023

Net Income

Up

$10,362

Up $36,516 (+140%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $93,963Liabilities 2017: $0Net Assets 2017: $93,9632017Assets 2018: $86,584Liabilities 2018: $02018Assets 2019: $106,731Liabilities 2019: $0Net Assets 2019: $106,7312019Assets 2020: $153,054Liabilities 2020: $0Net Assets 2020: $153,0542020Assets 2021: $216,405Liabilities 2021: $0Net Assets 2021: $216,4052021Assets 2022: $256,000Liabilities 2022: $0Net Assets 2022: $256,0002022Assets 2023: $229,846Liabilities 2023: $0Net Assets 2023: $229,8462023Assets 2024: $240,208Liabilities 2024: $0Net Assets 2024: $240,2082024

Highlighted filing

2024

Assets$240,208
Liabilities$0
Net Assets$240,208

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $66,192Expenses 2017: $85,813Net Income 2017: -$19,6212017Revenue 2018: $111,508Expenses 2018: $118,887Net Income 2018: -$7,3792018Revenue 2019: $186,938Expenses 2019: $166,791Net Income 2019: $20,1472019Revenue 2020: $131,642Expenses 2020: $85,319Net Income 2020: $46,3232020Revenue 2021: $181,294Expenses 2021: $117,943Net Income 2021: $63,3512021Revenue 2022: $200,902Expenses 2022: $165,307Net Income 2022: $35,5952022Revenue 2023: $211,504Expenses 2023: $237,658Net Income 2023: -$26,1542023Revenue 2024: $220,864Expenses 2024: $210,502Net Income 2024: $10,3622024

Highlighted filing

2024

Revenue$220,864
Expenses$210,502
Net Income$10,362

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 11, 2025
Return Version
2024v5.2
Gross Receipts
$220,864
Mission and Program Overview

Mission

The corporation's mission is to promote, educate, and support professionals and organizations involved in south dakota's trust and estate planning industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$229,846$240,208▲ $10,362
Rtn Earn Endowment Incm Other Fnds$229,846$240,208▲ $10,362
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$229,846$240,208▲ $10,362
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$229,846$240,208▲ $10,362
Total Liabilities and Net Assets / Fund Balance$229,846$240,208▲ $10,362
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary SchaefbauerPresident
Austen EricksonVice President
Alex KingBoard Member
Karl LundBoard Member
Taner DenhoedBoard Member
Amy BozzellBoard Member Beg 01/24
Jennifer BunkersBoard Member Beg 01/24
Nicole ByrumBoard Member Beg 01/24
Amy BourneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$201,262
Investment Income
$5,202
Other Revenue
$14,400
Change in Net Assets
$10,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,502
Grants and Similar Amounts Paid$16,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$74,820
Grants to Domestic Orgs---$16,000
Travel---$6,246
Advertising---$5,834
All Other Expenses---$3,987
Insurance---$1,967
Office Expenses---$1,958
Other Expenses---$667
Information Technology---$380
Total Functional Expenses$0$0$0$210,502
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Dakota Community FoundationPierre Sd, SD501(c)(3)Charity$16,000
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The organization has the following the committees: philanthropy, legislative, education, marketing, website and the fall forum. Any committee, to the extent provided in the resolution of the board of directors, will have and may exercise all the powers and authority of the board in the management of the business and affairs of the corporation, and may authorize the seal of the corporation to be affixed to all papers which may require it; but no committee will have the power or authority in reference to amending the articles of incorporation, adopting an agreement of merger or consolidation, approving the sale, lease or exchange of all or substantially all of the corporation's property and assets, approving dissolution of the corporation or a revocation of dissolution, or amending the bylaws of the corporation.

Form 990, Part VI, Section A, Line 6

The corporation has two classes of membership, one voting and one nonvoting. Voting members will be determined by the board. Initial voting members shall be the organizing members. Non-voting membership is open to all estate planning professionals or organizations in south dakota who have paid their annual membership fees, if required, unless otherwise determined by the board of directors.

Form 990, Part VI, Section A, Line 7A

Non-voting class members have limited rights to vote on matters affecting the corporation. Members may only vote on matters referred to a vote of the members by the board of directors. Members elect the board of directors.

Form 990, Part VI, Section B, Line 11B

The 990 will be reviewed at a monthly board meeting, once completed and before it is filed.

Form 990, Part VI, Section C, Line 19

All the documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
South Dakota Trust Association Inc
EIN
47-2288561
Phone
6057430927
Address
PO BOX 91222, SIOUX FALLS, SD 57109

Signing Officer

Name
Amy Bourne
Title
Treasurer
Phone
6057430927
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Schaefbauer
Formed
2014
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
50

Preparer

Firm
Eide Bailly Llp
Address
345 N REID PL STE 400, SIOUX FALLS, SD 57103-7034
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Lobbyist contract expense 21,280. Professional fees 25,307. Contract labor 28,233.

Raw XML Appendix330 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.

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IRS990/Desc0THE SDTA HELD A LEGISLATIVE SOCIAL EVENT, IN WHICH MEMBERS OF THE SDTA DISCUSSED THE TRUST INDUSTRY AND ITS BENEFITS WITH LEGISLATORS ACROSS THE STATE. THE SDTA USED ITS PREVIOUSLY PREPARED EDUCATIONAL INFOGRAPHIC TO REITERATE TO LEGISLATORS THE POSSIBILITIES WITHIN THE TRUST INDUSTRY FOR THOSE IN COLLEGE THINKING OF PURSUING A CAREER IN THE TRUST FIELD. THE SDTA SUPPORTED PHILANTHROPY AS WELL, WITH AN EYE ON MEETING NEEDS OF THOSE LESS FORTUNATE ACROSS THE STATE, BY SUPPORTING THE SOUTH DAKOTA COMMUNITY FOUNDATION. IN THE FALL OF 2024, THE SDTA AGAIN HOSTED A FALL FORUM EDUCATIONAL EVENT AS A WAY TO PROVIDE CONTINUING EDUCATION TO ATTENDEES ON A BROAD RANGE OF TOPICS. INDIVIDUALS WERE ABLE TO ATTEND THE EVENT IN-PERSON OR VIRTUALLY. THE SDTA CONTINUED TO PROVIDE FUNDING FOR SCHOLARSHIPS THROUGH A FUND WITH THE SOUTH DAKOTA COMMUNITY FOUNDATION. IN ADDITION, THE SDTA PARTNERS WITH THE UNIVERSITY OF SIOUX FALLS TO OFFER CLASSES IN TRUST ADMINISTRATION FOR COLLEGE STUDENTS AND THOSE WHO ARE NEW TO THE TRUST INDUSTRY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SOUTH DAKOTA COMMUNITY FOUNDATION MONITORS THE USE OF THE AWARDS THROUGH ITS POLICIES AND PROCEDURES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THE FOLLOWING THE COMMITTEES: PHILANTHROPY, LEGISLATIVE, EDUCATION, MARKETING, WEBSITE AND THE FALL FORUM. ANY COMMITTEE, TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD OF DIRECTORS, WILL HAVE AND MAY EXERCISE ALL THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, AND MAY AUTHORIZE THE SEAL OF THE CORPORATION TO BE AFFIXED TO ALL PAPERS WHICH MAY REQUIRE IT; BUT NO COMMITTEE WILL HAVE THE POWER OR AUTHORITY IN REFERENCE TO AMENDING THE ARTICLES OF INCORPORATION, ADOPTING AN AGREEMENT OF MERGER OR CONSOLIDATION, APPROVING THE SALE, LEASE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S PROPERTY AND ASSETS, APPROVING DISSOLUTION OF THE CORPORATION OR A REVOCATION OF DISSOLUTION, OR AMENDING THE BYLAWS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS TWO CLASSES OF MEMBERSHIP, ONE VOTING AND ONE NONVOTING. VOTING MEMBERS WILL BE DETERMINED BY THE BOARD. INITIAL VOTING MEMBERS SHALL BE THE ORGANIZING MEMBERS. NON-VOTING MEMBERSHIP IS OPEN TO ALL ESTATE PLANNING PROFESSIONALS OR ORGANIZATIONS IN SOUTH DAKOTA WHO HAVE PAID THEIR ANNUAL MEMBERSHIP FEES, IF REQUIRED, UNLESS OTHERWISE DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NON-VOTING CLASS MEMBERS HAVE LIMITED RIGHTS TO VOTE ON MATTERS AFFECTING THE CORPORATION. MEMBERS MAY ONLY VOTE ON MATTERS REFERRED TO A VOTE OF THE MEMBERS BY THE BOARD OF DIRECTORS. MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 WILL BE REVIEWED AT A MONTHLY BOARD MEETING, ONCE COMPLETED AND BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOBBYIST CONTRACT EXPENSE 21,280. PROFESSIONAL FEES 25,307. CONTRACT LABOR 28,233.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0229846
IRS990/TotalAssetsEOYAmt0240208
IRS990/TotalAssetsGrp/BOYAmt0229846
IRS990/TotalAssetsGrp/EOYAmt0240208
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0210502
IRS990/TotalGrossUBIAmt014400
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0229846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0240208
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0201262
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05202
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0201262
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220864
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014400
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0229846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0240208
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06246
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 91222
IRS990/USAddress/CityNm0SIOUX FALLS
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057109
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTP://SDTRUSTASSOCIATION.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY BOURNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06057430927
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH DAKOTA TRUST ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0472288561
ReturnHeader/Filer/PhoneNum06057430927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 91222
ReturnHeader/Filer/USAddress/CityNm0SIOUX FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057109
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0345 N REID PL STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571037034
ReturnHeader/PreparerPersonGrp/PhoneNum06053391999
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURIE HANSON CPA
ReturnHeader/ReturnTs02025-08-25T08:27:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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