Sioux Empire Home Builders Care Foundation is located in Sioux Falls, SD. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sioux Empire Home Builders Care Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sioux Empire Home Builders Care Foundation generated $81.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $80.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sioux Empire Home Builders Care Foundation has awarded 14 individual grants totaling $294,339. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SCHOLARSHIPS TO AREA HIGH SCHOOL STUDENTS FOR FURTHERING THEIR EDUCATION AT POST SECONDARY SCHOOLS IN COURSES OF STUDY IN BUILDING INDUSTRIES. THE FOUNDATION WILL ALSO PAY FOR TOOLS OR GRANTS TO AREA HIGH SCHOOLS TO PAY FOR TOOLS OR PROGRAMS TO IMPROVE THEIR CONSTRUCTION RELATED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS ARE AWARDED AND DISTRIBUTED TO AREA HIGH SCHOOL STUDENTS FOR FURTHERING THEIR EDUCATION AT POST SECONDARY SCHOOLS IN COURSES OF STUDY RELATED TO THE BUILDING INDUSTRIES.
THE FOUNDATION PAYS FOR TOOLS AND/OR GRANTS TO AREA HIGH SCHOOLS AND POST SECONDARY SCHOOLS TO IMPROVE THEIR CONSTRUCTION RELATED PROGRAMS.
REPAIR AFFAIR PROJECT COSTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jenni Brooks Director | Trustee | $0 | |
Jerry Cook Director | Trustee | $0 | |
Brooke Cosand Vice-Chair | OfficerTrustee | $0 | |
Corey Hjellming Director | Trustee | $0 | |
Joel Ingle Director | Trustee | $0 | |
Corey Johnson Treasurer/se | OfficerTrustee | $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 | $8,276 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,276 |
Total Program Service Revenue | $35,527 |
Investment income | $17,399 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,207 |
Net Income from Fundraising Events | $15,439 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $81,848 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,300 |
Grants and other assistance to domestic individuals. | $12,000 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,453 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,126 |
Fees for services: Other | $26,786 |
Advertising and promotion | $6,680 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,756 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,211 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $80,553 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,470 |
Savings and temporary cash investments | $77,870 |
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 | $663,194 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $743,534 |
Accounts payable and accrued expenses | $7,131 |
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 | $7,131 |
Net assets without donor restrictions | $726,403 |
Net assets with donor restrictions | $10,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $743,534 |
Over the last fiscal year, Sioux Empire Home Builders Care Foundation has awarded $22,300 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MITCHELL TECHNICAL | | | $6,500 |
TEA AREA HIGH SCHOOL | | | $9,300 |
SOUTHEAST TECH PURPOSE: SPONSOR CONSTRUCTION | $6,500 |