philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

SD Properties INC FY2020 filing

IRS exemption revoked

Milwaukee, WIMutual-benefit / member-servingCommunity Development EIN 01-0661535Revenue $953K in FY2020

On file with the IRS1730 W North Avenue · Milwaukee, WITax-exempt since Oct 2003

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The primary purpose of SD Properties INC is to acquire property and title for an intergovernmental organization located in the state of wisconsin.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $13K a year · 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.4M
88% of total assets
Concern: liabilities are 88% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$953K
Spent
$914K
Net assets
$464K
By yearFY2020–FY2022
Revenue
$953K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$953K
FY2021$1.0M
FY2022$937K
Expenses
$914K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$914K
FY2021$1.0M
FY2022$1.0M
Net assets
$464K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$464K
FY2021$464K
FY2022$386K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Oct 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Daniel Gomez
Vice Chair
$0Pt VII · Sec A
Elmer Moore JR
Member at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
See SD Properties INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Acquires property and title for an intergovernmental organization in Wisconsin.

Questions for SD Properties INC

Tap to ask. SD Properties INC sees how many people are interested.

Your first name shows with your question. SD Properties INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020
01

SD properties inc owns a food preparation facility in the city of milwaukee, wisconsin. SD properties inc maintains the property and charges rent to the tax exempt governmental agency community relations - social development commission. SD properties also owns buildings on w.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $77K · 2022–2022
Social Development CommissionFY2022$77,409

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$953K
Ln 12
Fees for servicesLn 2g$953K
Money outPt IX
$914K
Ln 25
Owns and owesPt X
$464K
net assets · Ln 32
Cash and savingsLn 1–2$41K
Total assetsLn 16$3.8M
LiabilitiesLn 26$3.4M
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$953K
Total revenueLn 12$953K
Assets in detailPt X, end of year
CashLn 1$41K
Cash and savings togetherLn 1–2$41K
Land, buildings, equipmentLn 10c$3.8M
Total assetsLn 16$3.8M
LiabilitiesLn 26$3.4M
Net assetsLn 32$464K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$14K$41K
Land, buildings, equipmentLn 10c$2.6M$3.8M
Total assetsLn 16$2.6M$3.8M
LiabilitiesLn 26$2.2M$3.4M
Net assetsLn 32$425K$464K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$2K
Other fees for servicesLn 11g$1K
OccupancyLn 16$425K
InterestLn 20$118K
Depreciation, depletion and amortizationLn 22$284K
InsuranceLn 23$64K
Other expenses (24a–d)Ln 24$20K
Total functional expensesLn 25$914K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $937K$1.0M−$77K$386K 990 PDF
FY2021 $1.0M$1.0M−$92$464K 990 PDF
FY2020 Viewing $953K$914K$39K$464K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $952,853 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $948,878$952,853
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $948,878$952,853
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $925,277$914,244
I-18 Total expensesPrior year $925,277$914,244
I-19 Revenue less expensesPrior year $23,601$38,609
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $952,853 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $952,853$952,853
VIII-12 Total revenueRelated to mission $952,853 · Unrelated business $0 · Excluded from tax $0$952,853
Part IX · Statement of functional expenses $914,244 across 7 lines filed
IX-11c Accounting fees$1,700
IX-11g Other fees for services$1,430
IX-16 Occupancy$425,027
IX-20 Interest$118,291
IX-22 Depreciation, depletion and amortization$283,579
IX-23 Insurance$64,163
IX-24 Other expenses (24a–d)$20,054
IX-25 Total functional expenses$914,244
Part X · Balance sheet $3,827,022 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $13,749$40,717
X-4 Accounts receivableStart of year $11,934$0
X-10c Land, buildings and equipment, netStart of year $2,587,567$3,786,305
X-16 Total assetsStart of year $2,613,250$3,827,022
X-17 Accounts payable and accrued expensesStart of year $16,354$487,286
X-25 Other liabilitiesStart of year $436,663$233,917
X-26 Total liabilitiesStart of year $2,187,981$3,363,144
X-27 Net assets without donor restrictionsStart of year $425,269$463,878
X-32 Total net assets or fund balancesStart of year $425,269$463,878
X-33 Total liabilities and net assetsStart of year $2,613,250$3,827,022
Part XI · Reconciliation of net assets $463,878 net assets at year end
XI-1 Total revenue$952,853
XI-2 Total expenses$914,244
XI-3 Revenue less expenses$38,609
XI-4 Net assets at start of year$425,269
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$463,878

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.