Sdc Services Corp FY2021 filing

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To serve, support, promote and coordinate a broad variety of development needs and activities related to the property known as Stapleton International Airport

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $16K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$17K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 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
$345K
-6% vs prior year
Spent
$357K
To programs
100%
Net assets
$143K
By yearFY2020–FY2024
Revenue
$345K
FY2021▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$366K
FY2021$345K
FY2022$335K
FY2023$293K
FY2024$308K
Expenses
$357K
FY2021▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$434K
FY2021$357K
FY2022$339K
FY2023$293K
FY2024$301K
Net assets
$143K
FY2021▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$125K
FY2021$143K
FY2022$140K
FY2023$140K
FY2024$146K

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2001.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $357K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
President Secretary
$81,703Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tammi Holloway’s $103K as President Secretary is at the 75th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tammi Holloway$102,957$80,142$110,800$81,703$159,553

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Supports and coordinates development needs for the Stapleton International Airport property.

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Provided by the organization

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1 program · $357K · in their own filed words · FY2021
01

SDC Services Corp services Stapleton Development Corporation and other related Stapleton entities by providing common management such as bookkeeping, accounting, payroll, legal consulting, assets risk management, sub leasing office space and adminstrative support.

$357Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$345K
Ln 12
Fees for servicesLn 2g$345K
Investment incomeLn 3$44
Money outPt IX
$357K
Ln 25
Programscol B$357K
Owns and owesPt X
$143K
net assets · Ln 32
Cash and savingsLn 1–2$126K
Total assetsLn 16$160K
LiabilitiesLn 26$17K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$345K
Investment incomeLn 3$44
Total revenueLn 12$345K
Assets in detailPt X, end of year
CashLn 1$126K
Cash and savings togetherLn 1–2$126K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$2K
Total assetsLn 16$160K
LiabilitiesLn 26$17K
Net assetsLn 32$143K
OperationsPt I, VI
EmployeesI 52
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 FY21End FY21
Cash and savingsLn 1–2$133K$126K
Land, buildings, equipmentLn 10c$3K$4K
Total assetsLn 16$158K$160K
LiabilitiesLn 26$33K$17K
Net assetsLn 32$125K$143K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$281K$281K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$17K$17K
Information technologyLn 14$3K$3K
RoyaltiesLn 15$0
OccupancyLn 16$16K$16K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$18K$18K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$357K$357K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $308K$301K$6K$146K 990 PDF
FY2023 $293K$293K$171$140K 990 PDF
FY2022 $335K$339K−$3K$140K 990 PDF
FY2021 Viewing $345K$357K−$13K$143K 990 PDF
FY2020 $366K$434K−$68K$125K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $344,567 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $365,410$344,523
I-10 Investment incomePrior year $761$44
I-11 Other revenue$0
I-12 Total revenuePrior year $366,171$344,567
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $350,899$281,190
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,951$76,263
I-18 Total expensesPrior year $433,850$357,453
I-19 Revenue less expensesPrior year −$67,679−$12,886
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $344,567 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $344,524$344,524
VIII-3 Investment incomeRelated to mission $44$44
VIII-12 Total revenueRelated to mission $344,567$344,567
Part IX · Statement of functional expenses $357,453 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $281,190$281,190
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $7,250$7,250
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $16,721$16,721
IX-14 Information technologyPrograms $2,590$2,590
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,010$16,010
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,431$1,431
IX-23 InsurancePrograms $12,627$12,627
IX-24 Other expenses (24a–d)Programs $18,020$18,020
IX-24e All other expensesPrograms $1,614$1,614
IX-25 Total functional expensesPrograms $357,453 · Management $0 · Fundraising $0$357,453
Part X · Balance sheet $160,069 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $133,085$126,237
X-4 Accounts receivableStart of year $11,123$20,600
X-9 Prepaid expenses and deferred chargesStart of year $7,941$6,875
X-10c Land, buildings and equipment, netStart of year $3,182$3,857
X-15 Other assetsStart of year $2,500$2,500
X-16 Total assetsStart of year $157,831$160,069
X-17 Accounts payable and accrued expensesStart of year $551$1,817
X-25 Other liabilitiesStart of year $32,317$15,238
X-26 Total liabilitiesStart of year $32,868$17,055
X-27 Net assets without donor restrictionsStart of year $124,963$143,014
X-32 Total net assets or fund balancesStart of year $124,963$143,014
X-33 Total liabilities and net assetsStart of year $157,831$160,069
Part XI · Reconciliation of net assets $143,014 net assets at year end
XI-1 Total revenue$344,567
XI-2 Total expenses$357,453
XI-3 Revenue less expenses−$12,886
XI-4 Net assets at start of year$124,963
XI-8 Prior period adjustments$30,938
XI-10 Net assets at end of year$143,014

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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