Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Central Dakota Development Corp
EIN 86-3531677 • 501(c)3 • Kennebec, SD
Profile
Central dakota development corporation is organized for the development of the rural south dakota community of kennebec, sd for the betterment of the community as a whole by providing opportunities to acquire or dispose of assets for such purposes(intended to be real estate). To conduct other activities which may enhance or promote the development of this rural community in any way those purposes set forth above may be permitted by law.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.89x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Up$444,249
Up $155,842 (+54%) from 2021
Liabilities
Up$393,374
Up $204,470 (+108%) from 2021
Net Assets
Down$50,875
Down $48,628 (-49%) from 2021
Revenue
Down$5,000
Down $97,249 (-95%) from 2021
Expenses
Up$53,627
Up $50,881 (+1853%) from 2021
Net Income
Down-$48,627
Down $148,130 (-149%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $444,249
- Liabilities
- $393,374
- Net assets
- $50,875
- Revenue
- $5,000
- Expenses
- $53,627
- Net income
- -$48,627
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 24, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $5,000
Mission and Program Overview
Mission
Central dakota development corporation is organized for the development of the rural south dakota community of kennebec, sd for the betterment of the community as a whole by providing opportunities to acquire or dispose of assets for such purposes(intended to be real estate). To conduct other activities which may enhance or promote the development of this rural community in any way those purposes set forth above may be permitted by law.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROMOTE ECONOMIC AND BUSINESS DEVELOPMENT IN THE RURAL COMMUNITY FOR WHICH IT SERVES. | - | $53,627 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NANCY BOWAR | President | - | $0 | - | - |
| RYAN HUSMAN | Vice Preside | - | $0 | - | - |
| MATT COLLINS | Secretary/Tr | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Central Dakota Development Corp
- EIN
- 86-3531677
- Address
- PO BOX 91, KENNEBEC, SD 57544
Signing Officer
- Name
- Nancy Bowar
- Title
- President
- Phone
- 6058692660
- Signed
- 2023-05-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Elo Prof LLC
- Address
- PO BOX 249, MITCHELL, SD 57301
- Preparer
- Jamie a Eldeen CPA
- Phone
- 6059967717
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office exp 360 interest 13,081 insurance 275 taxes & licenses 426 repairs 17,251 permits 119 total 31,512”
Form 990-ez, Part II, Line 24
“Real estate lots 192,432 387,215 total 192,432 387,215”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 188,904 393,374”
Form 990-ez, Part III
“Central dakota development corporation is organized for the development of the rural south dakota community of kennebec, sd for the betterment of the community as a whole by providing opportunities to acquire or dispose of assets for such purposes(intended to be real estate). To conduct other activities which may enhance or promote the development of this rural community in any way those purposes set forth above may be permitted by law.”
Raw XML Appendix122 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 | NANCY BOWAR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6058692660 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 91 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KENNEBEC |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57544 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 95974 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 57034 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -48627 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 21437 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 288406 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 444249 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 99502 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 50875 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 99502 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 50875 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 678 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NANCY BOWAR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RYAN HUSMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MATT COLLINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 192432 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 387215 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31512 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | CENTRAL DAKOTA DEVELOPMENT CORPORATION IS ORGANIZED FOR THE DEVELOPMENT OF THE RURAL SOUTH DAKOTA COMMUNITY OF KENNEBEC, SD FOR THE BETTERMENT OF THE COMMUNITY AS A WHOLE BY PROVIDING OPPORTUNITIES TO ACQUIRE OR DISPOSE OF ASSETS FOR SUCH PURPOSES(INTENDED TO BE REAL ESTATE). TO CONDUCT OTHER ACTIVITIES WHICH MAY ENHANCE OR PROMOTE THE DEVELOPMENT OF THIS RURAL COMMUNITY IN ANY WAY THOSE PURPOSES SET FORTH ABOVE MAY BE PERMITTED BY LAW. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROMOTE ECONOMIC AND BUSINESS DEVELOPMENT IN THE RURAL COMMUNITY FOR WHICH IT SERVES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53627 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 188904 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 393374 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 53627 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53627 |
| IRS990EZ/TotalRevenueAmt | 0 | 5000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102249 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 107249 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 9394 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 97855 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102249 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 107249 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 107249 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXP 360 INTEREST 13,081 INSURANCE 275 TAXES & LICENSES 426 REPAIRS 17,251 PERMITS 119 TOTAL 31,512 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | REAL ESTATE LOTS 192,432 387,215 TOTAL 192,432 387,215 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 188,904 393,374 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CENTRAL DAKOTA DEVELOPMENT CORPORATION IS ORGANIZED FOR THE DEVELOPMENT OF THE RURAL SOUTH DAKOTA COMMUNITY OF KENNEBEC, SD FOR THE BETTERMENT OF THE COMMUNITY AS A WHOLE BY PROVIDING OPPORTUNITIES TO ACQUIRE OR DISPOSE OF ASSETS FOR SUCH PURPOSES(INTENDED TO BE REAL ESTATE). TO CONDUCT OTHER ACTIVITIES WHICH MAY ENHANCE OR PROMOTE THE DEVELOPMENT OF THIS RURAL COMMUNITY IN ANY WAY THOSE PURPOSES SET FORTH ABOVE MAY BE PERMITTED BY LAW. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NANCY BOWAR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6058692660 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CENTRAL DAKOTA DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CENT |
| ReturnHeader/Filer/EIN | 0 | 863531677 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 91 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KENNEBEC |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 57544 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 460434947 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ELO PROF LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 249 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MITCHELL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 57301 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6059967717 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMIE A ELDEEN CPA |
| ReturnHeader/ReturnTs | 0 | 2023-05-30T12:49:20-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NANCY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BOWAR |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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