To facilitate regional economic Development in northeastern south dakota.

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$63K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
4 of 5
filings with a surplus
Average deficit $5K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 75% of spending
Concern: pay to officers and key staff is 75% of spending; over 30%.
Pt VII · Sec A
98 mo
of spending, in cash
Looks good: 97.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$582K
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$109K
Spent
$83K
To programs
51%
Net assets
$577K
By yearFY2020–FY2024
Revenue
$109K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$109K
FY2021$130K
FY2022$121K
FY2023$116K
FY2024$129K
Expenses
$83K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$83K
FY2021$93K
FY2022$94K
FY2023$251K
FY2024$112K
Net assets
$577K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$577K
FY2021$614K
FY2022$641K
FY2023$506K
FY2024$524K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2007.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $42K Management & general 49% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$62,572Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Lindsey Kimber’s $64K as Executive Director is at the 41st 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

NameFY2021FY2020
Lindsey Kimber$64,373$62,572

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 15aNo

Programs and updates

Boosts economic growth across northeastern South Dakota.

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Provided by the organization

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1 program · $42K · in their own filed words · FY2020
01

Attended, staffed, and coordinated various community meetings regarding local economic development projects. Collected and disbursed donated funds for community facilities to be transferred to local nonprofit country club, school activities, and city event center upon completion.

$42Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$109K
Ln 12
Gifts and grantsLn 1h$73K
Fees for servicesLn 2g$36K
Investment incomeLn 3$128
Money outPt IX
$83K
Ln 25
Programscol B$42K
Managementcol C$41K
Owns and owesPt X
$577K
net assets · Ln 32
Cash and savingsLn 1–2$674K
Total assetsLn 16$1.2M
LiabilitiesLn 26$582K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$73K
Government grantsLn 1e$44K
Fees for servicesLn 2g$36K
Investment incomeLn 3$128
Total revenueLn 12$109K
Assets in detailPt X, end of year
CashLn 1$111K
SavingsLn 2$563K
Cash and savings togetherLn 1–2$674K
InvestmentsLn 11–13$485K
Land, buildings, equipmentLn 10c$166
Total assetsLn 16$1.2M
LiabilitiesLn 26$582K
Net assetsLn 32$577K
OperationsPt I, VI
EmployeesI 51
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$479K$674K
InvestmentsLn 11–13$729K$485K
Land, buildings, equipmentLn 10c$372$166
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$657K$582K
Net assetsLn 32$550K$577K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$63K$30K$33K
Pension plan contributionsLn 8$4K$2K$2K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$335$335
Office expensesLn 13$2K$2K
Information technologyLn 14$2K$2K
TravelLn 17$204$204
InterestLn 20$8K$8K
Depreciation, depletion and amortizationLn 22$206$206
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$83K$42K$41K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $129K$112K$17K$524K 990 PDF
FY2023 $116K$251K−$135K$506K 990 PDF
FY2022 $121K$94K$28K$641K 990 PDF
FY2021 $130K$93K$37K$614K 990 PDF
FY2020 Viewing $109K$83K$26K$577K 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 FY2020 990 (6 parts)
Part I · Summary $109,320 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $68,705$72,950
I-9 Program service revenuePrior year $40,188$36,242
I-10 Investment income$128
I-11 Other revenue$0
I-12 Total revenuePrior year $108,893$109,320
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $64,093$66,772
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $22,161$16,190
I-18 Total expensesPrior year $86,254$82,962
I-19 Revenue less expensesPrior year $22,639$26,358
Part VI · Governance 7 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $109,320 across 6 lines filed
VIII-1e Government grants$44,400
VIII-1f All other contributions, gifts and grants$28,550
VIII-1h Total contributions, gifts and grants$72,950
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $36,242$36,242
VIII-3 Investment incomeRelated to mission $128$128
VIII-12 Total revenueRelated to mission $36,370 · Unrelated business $0 · Excluded from tax $0$109,320
Part IX · Statement of functional expenses $82,962 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $30,000 · Management $32,572$62,572
IX-8 Pension plan contributionsPrograms $2,200 · Management $2,000$4,200
IX-11c Accounting feesManagement $1,120$1,120
IX-11g Other fees for servicesPrograms $335$335
IX-13 Office expensesManagement $1,674$1,674
IX-14 Information technologyManagement $1,738$1,738
IX-17 TravelPrograms $204$204
IX-20 InterestPrograms $7,861$7,861
IX-22 Depreciation, depletion and amortizationPrograms $206$206
IX-23 InsuranceManagement $1,484$1,484
IX-24 Other expenses (24a–d)Programs $1,568$1,568
IX-25 Total functional expensesPrograms $42,374 · Management $40,588 · Fundraising $0$82,962
Part X · Balance sheet $1,159,133 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $211,115$110,539
X-2 Savings and temporary cash investmentsStart of year $267,583$563,239
X-10c Land, buildings and equipment, netStart of year $372$166
X-13 Program-related investmentsStart of year $728,572$485,189
X-16 Total assetsStart of year $1,207,642$1,159,133
X-25 Other liabilities$180,560
X-26 Total liabilitiesStart of year $657,239$582,331
X-32 Total net assets or fund balancesStart of year $550,403$576,802
X-33 Total liabilities and net assetsStart of year $1,207,642$1,159,133
Part XI · Reconciliation of net assets $576,802 net assets at year end
XI-1 Total revenue$109,320
XI-2 Total expenses$82,962
XI-3 Revenue less expenses$26,358
XI-4 Net assets at start of year$550,403
XI-8 Prior period adjustments$41
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$576,802

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

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