Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Balance Sheet
Assets
Up$35,156
Up $554 (+1.6%) from 2020
Net Assets
Up$35,156
Up $554 (+1.6%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$36,709
Up $10,289 (+39%) from 2020
Expenses
Up$36,155
Up $33,737 (+1395%) from 2020
Net Income
Down$554
Down $23,448 (-98%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 9, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $36,709
Mission and Program Overview
Mission
To drive community and economic development growth
Custer area economic development foundation accepts donations to drive and support community and economic growth and development. The custer area economic development foundation shares a common board of directors with 501c6 organization custer area economic development corporation, and the foundation financially supports the initiatives of the corporation.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THROUGH SUPPORT OF THE FOUNDATION, CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORK TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS. | $15,227 | $34,877 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF PRIOR | President | - | $0 | - | - |
| TANYA OLSON | Secretary | - | $0 | - | - |
| PHILLIP ABERNATHY | Treasurer | - | $0 | - | - |
| KELLY MILLER | Board Member | - | $0 | - | - |
| MONNI KARIM | Board Member | - | $0 | - | - |
| COLLEEN HENNESSY | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Caedc Foundation
- EIN
- 83-1205358
- Phone
- 6056735800
- Address
- PO BOX 15, CUSTER, SD 57730-0015
Signing Officer
- Name
- Phillip Abernathy
- Title
- Treasurer
- Phone
- 6056735800
- Signed
- 2022-11-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Ketel Thorstenson Llp
- Address
- PO BOX 191, CUSTER, SD 57730-0191
- Preparer
- Brian Watland
- Phone
- 6056733220
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Cash contribution: 15,227”
Form 990-ez, Part I, Line 16
“Expenses marketing & promotions 914 office 709 conferences/meetings 451 insurance 1,100 courses & programs 4,200 community garden 10,481 dues & fees 500 miscellaneous 744 total 19,099”
Form 990-ez, Part III
“Custer area economic development foundation accepts donations to drive and support community and economic growth and development. The custer area economic development foundation shares a common board of directors with 501c6 organization custer area economic development corporation, and the foundation financially supports the initiatives of the corporation.”
Form 990-ez, Part III, Line 28
“Through support of the foundation, custer area economic development corporation has formed associations with other regional and state economic development organizations, assisting with access to funds, leadership and entrepreneurial training. Representatives work to open opportunities to grow existing businesses, to attract and assist new business ventures and start-ups.”
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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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| IRS990EZ/OtherExpensesTotalAmt | 0 | 19099 |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
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| IRS990EZ/TotalRevenueAmt | 0 | 36709 |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | REVIEW OF IRS DETERMINATION LETTER DATED JUNE 8, 2011 INDICATES THAT CUSTER AREA ECONOMIC DEVELOPMENT EIN 27-3550919 IS AN EXEMPT ORGANIZATION UNDER 501(C)(6). THE ENTITY FILES AN ANNUAL FORM 990-N AND HAS INDICATED THEY PASS THE PUBLIC SUPPORT TEST. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE COMMON BOARD BETWEEN THE TWO ORGANIZATIONS ENSURE THAT THE FUNDS ARE USED FOR THE ADVANCEMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 15,227 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES MARKETING & PROMOTIONS 914 OFFICE 709 CONFERENCES/MEETINGS 451 INSURANCE 1,100 COURSES & PROGRAMS 4,200 COMMUNITY GARDEN 10,481 DUES & FEES 500 MISCELLANEOUS 744 TOTAL 19,099 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CUSTER AREA ECONOMIC DEVELOPMENT FOUNDATION ACCEPTS DONATIONS TO DRIVE AND SUPPORT COMMUNITY AND ECONOMIC GROWTH AND DEVELOPMENT. THE CUSTER AREA ECONOMIC DEVELOPMENT FOUNDATION SHARES A COMMON BOARD OF DIRECTORS WITH 501C6 ORGANIZATION CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION, AND THE FOUNDATION FINANCIALLY SUPPORTS THE INITIATIVES OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THROUGH SUPPORT OF THE FOUNDATION, CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORK TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KETEL THORSTENSON LLP |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6056733220 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN WATLAND |
| ReturnHeader/ReturnTs | 0 | 2022-11-09T14:03:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PHILLIP |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ABERNATHY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $35,156
- Liabilities
- -
- Net assets
- $35,156
- Revenue
- $36,709
- Expenses
- $36,155
- Net income
- $554