Deuel Area Development Inc
- Assets
- $175.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Clear Lake, SD
- Founding
- 11/2009
- Data as of
- 12/2022
- EIN
- 26-4033911
Organization Overview
Deuel Area Development Inc, operating under the name DADi, is located in Clear Lake, SD. The organization was established in 2009. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, DADi employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DADi 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 12/2022, DADi generated $78.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $64.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REGIONAL ECONOMIC DEVELOPMENT ORGANIZATION SERVING DEUEL COUNTY, SOUTH DAKOTA
Describe the Organization's Program Activity:
Part 3
INTEREST ON LOANS AND OTHER EXPENSES FOR DEVELOPMENT OF HOUSING TRACT, WILDLIFE ESTATES
COMMUNITY GARDEN OTHER PROGRAMMING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patsy Cassels President | 1 | $0 | |
Nancy Hartenhoff-Crooks Board Member | 1 | $0 | |
Craig Evenson Secretary | 1 | $0 | |
Terry Pederson Board Member | 1 | $0 | |
Deb Lessman Board Member | 1 | $0 | |
Daryl Feilmeier Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,388 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,700 |
| Investment income | $801 |
| Gain or Loss | $4,848 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $405 |
| Total Revenue | $78,142 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,907 |
| Professional fees and other payments to independent contractors | $1,897 |
| Occupancy, rent, utilities, and maintenance | $200 |
| Printing, publications, postage, and shipping | $3,858 |
| Other expenses | $8,729 |
| Total expenses | $64,191 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,488 |
| Other assets | $0 |
| Total assets | $175,205 |
| Total liabilities | $244,618 |
| Net assets or fund balances | -$69,413 |