Black Hills Vision is located in Rapid City, SD. Black Hills Vision is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2016, Black Hills Vision generated $241.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $239.3k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (35.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ECONOMIC INTERESTS IN THE BLACK HILLS REGION OF SOUTH DAKOTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CREATE A TECHNOLOGY CORRIDOR BY ENCOURAGING TECHNOLOGY DEVELOPMENT AND ATTRACTING ENTREPRENEURS AND INVESTORS TO THE BLACK HILLS REGION OF SOUTH DAKOTA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julio Usera Chairman | OfficerTrustee | 10 | $0 |
Steve Conzet Treasurer | OfficerTrustee | 1 | $0 |
Dana Boke Secretary | OfficerTrustee | 1 | $0 |
Linda Rabe Director | Trustee | 1 | $0 |
Jared Carson Director | Trustee | 1 | $0 |
Steve Allender Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $197,040 |
Noncash contributions included in lines 1a–1f | $5,040 |
Total Revenue from Contributions, Gifts, Grants & Similar | $197,040 |
Total Program Service Revenue | $0 |
Investment income | $90 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $241,854 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $11,130 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,120 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $318 |
Advertising and promotion | $0 |
Office expenses | $2,174 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,040 |
Travel | $1,083 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $257 |
Insurance | $3,049 |
All other expenses | $213,117 |
Total functional expenses | $239,288 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,183 |
Savings and temporary cash investments | $73,534 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $83,717 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $83,717 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $83,717 |
Over the last fiscal year, Black Hills Vision has awarded $404,026 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
SD ELLSWORTH DEVELOPMENT AUTHORITY PURPOSE: FUNDING FOR FISCAL YEAR 2016 OPERATIONS AND MISSION. | $200,000 |
Rapid City, SD PURPOSE: Development of regional marketing plan | $89,026 |
BELLE FOURCHE DEVELOPMENT CORP PURPOSE: Matching funding for rail spur | $50,000 |
Rapid City, SD PURPOSE: Matching funding for Workforce Development | $40,000 |
Hot Springs, SD PURPOSE: Matching funds for consulting on VA facility | $25,000 |
Over the last fiscal year, we have identified 1 grants that Black Hills Vision has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Black Hills Community Economic Development Inc Rapid City, SD PURPOSE: ECONOMIC DEVELOPMENT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |
Kansas Association Of Child Care Resource And Referral Agencies Salina, KS | $5,216,379 | $98,524,579 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |