Glacial Lakes Area Development in Britton, South Dakota (SD)
Table of contents:
| Glacial Lakes Area Development | |
| Employer Identification Number (EIN) | 870787080 |
| Name of Organization | Glacial Lakes Area Development |
| In Care of Name | Darah Darrington |
| Address | PO BOX 231, Britton, SD 57430-0231 |
| Subsection | Charitable Organization |
| Ruling Date | 12/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $420,225 |
| Amount of Income | $82,590 |
| Form 990 Revenue Amount | $82,590 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $82,590 (it was $101,251 in 2012)
| This organization: | $82,590 |
| Other organizations performing similar types of work: | $623,666 |
Assets in 2013: $420,225 (it was $375,263 in 2012)
| This organization: | $420,225 |
| Other organizations performing similar types of work: | $2,159,711 |
Expenses in 2013: $87,603
| Glacial Lakes Area Development: | $87,603 |
| Other organizations performing similar types of work: | $483,294 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 85.8%
| Glacial Lakes Area Development: | 85.8% |
| Other organizations performing similar types of work: | 28.9% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $80,693 | $101,251 | $82,590 |
| Contributions, gifts, grants, and similar amounts received | $74,028 | $89,292 | $70,829 |
| Program service revenue including government fees and contracts | $6,641 | $11,907 | $11,761 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $24 | $52 | $0 |
| Total expenses | $80,669 | $103,323 | $87,603 |
| Total net assets | $277,305 | $275,238 | $270,225 |
| Excess/Deficit for the year | $24 | $-2,072 | $-5,013 |
| Net assets or fund balances at beginning of year | $277,281 | $277,310 | $275,238 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $275,238 | $270,225 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $277,305 | $375,263 | $420,225 |
| Total liabilities | $0 | $100,025 | $150,000 |
| Net assets or fund balances | $277,305 | $275,238 | $270,225 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $588,044 |
| Subtotal Support | $588,044 |
| Gifts, grants, contributions, and membership fees received | $588,044 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $644,873 |
| Public Support | $588,044 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $7,976 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $48,853 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Education Assistance Corporation in Aberdeen, SD |
| Aberdeen Community Living Christmas Tree Inc in Aberdeen, SD |
International Society For The Protection Of Mustangs & Burros in Lantry, SD
  |
|
Jobs Daughters International, Bethel #16 Spearfish Sd in Spearfish, SD
|
|
Inkwell Ministries Inc in Miller, SD
|
Cedar Face Foundation - 123 Hi Baby Inc, 123 Hi Baby in Pine Ridge, SD
 |
|
The Foundation For Christian Discipleship in Spearfish, SD
|
|
Theresa L Richardson, E T Farms in Delmont, SD
|
|
First Priority Of The Sioux Empire in Sioux Falls, SD
|
|
Judy Shaw Foundation in Sioux Falls, SD
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | South Dakota Development Corporation, C-O Gover Office Of Economic Develo | 711 E Wells Ave, Pierre, SD 57501-3385 | SD | 1993-07 | $2,446,960 |
| 2 | Spirit Of 76 Inc | PO BOX 1876, Junction City, KS 66441-6876 | KS | 1976-07 | $1,102,440 |
| 3 | Spearfish Industrial Development | PO BOX 550, Spearfish, SD 57783-0550 | SD | 1980-12 | $632,377 |
| 4 | Clark Industrial Development Corporation | 120 N Commercial St, Clark, SD 57225-1524 | SD | 1976-08 | $294,469 |
| 5 | Wisconsin Business Development Finance Corporation | 100 River Pl1 Board Walkll, Monona, WI 53716 | WI | 1982-07 | $6,747,667 |
| 6 | Tri-County Council For Southern Maryland | PO BOX 745, Hughesville, MD 20637-0745 | MD | 1983-05 | $6,090,097 |
| 7 | City Urban Revitalization Corporation | 68-700 Avenida Lalo Guerrero, Cathedral City, CA 92234-1208 | CA | 2002-06 | $6,002,442 |
| 8 | Iron County Action Plan Committee | PO BOX 108, Ironton, MO 63650 | MO | 2000-02 | $5,517,378 |
| 9 | West Central Arkansas Planning & Development District Inc | PO BOX 6409, Hot Springs, AR 71902-6409 | AR | 1996-03 | $4,534,357 |
| 10 | Southwest Arkansas Planning & | 101 Harvey Couch Blvd, Magnolia, AR 71754 | AR | 1978-02 | $3,421,370 |
| 11 | Washington County Economic Development Partnership, Washington County Economic Development Inc | 20 E Beau Street, Washington, PA 15301 | PA | 2006-12 | $2,476,170 |
| 12 | The Resource Inc | PO BOX 36, North Eastham, MA 02651-0036 | MA | 1994-05 | $2,025,775 |
| 13 | La Cocina Inc | 2948 Folsom St, San Francisco, CA 94110-4028 | CA | 2007-08 | $1,958,553 |
| 14 | Southwest Louisiana Alliance Foundation Inc | PO BOX 3110, Lake Charles, LA 70602-3110 | LA | 1985-06 | $1,472,148 |
| 15 | Special Improvement District Borough Of Redbank Inc | 46 English Plz Ste 6, Red Bank, NJ 07701-1687 | NJ | 1993-02 | $1,175,381 |
| 16 | Tyler Economic Development Council | 315 N Broadway Ave Ste 300, Tyler, TX 75702-5757 | TX | 1989-11 | $1,088,052 |
| 17 | Wilmington Renaissance Corporation | 100 W 10th St Ste 206, Wilmington, DE 19801-1632 | DE | 1994-05 | $839,598 |
| 18 | Vernon Economic Development Association Inc | 1201 N Main St Ste 6, Viroqua, WI 54665-1171 | WI | 2007-07 | $743,727 |
| 19 | Tri-Cities Enterprises Association | 1622 Terminal Dr, Richland Wa, WA 99354-4953 | WA | 1988-03 | $445,122 |
| 20 | Glacial Lakes Area Development | PO BOX 231, Britton, SD 57430-0231 | SD | 2007-12 | $82,590 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 349 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Glacial Lakes Area Development »
Non-representatives - add comments about Glacial Lakes Area Development»