Platte Community Development Corporation

Organization Overview

Platte Community Development Corporation is located in Platte, SD. The organization was established in 1991. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Platte Community Development Corporation 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, Platte Community Development Corporation generated $526.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $305.0k during the year ending 12/2023. While expenses have increased by 34.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY GROWTH AND IMPROVEMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED SCHOLARSHIPS TO THREE HIGH SCHOOL SENIORS.


RESEARCH INTO THE NEED FOR RESIDENTIAL PROPERTIES IN THE COMMUNITY. DEVELOPMENT OF RESIDENTIAL PROPERTIES INCLUDING SPEC HOUSING TO RESOLVE HOUSING SHORTAGE WITHIN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Cole Anderson
Director
$0
Kurt Vanderboom
Director
$0
Tait Sibbel
Director
$0
Jill Moret
Director
$0
Whitney Dehaan
Director
$0
Dennis Vanderwerff
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $80,000
All other contributions, gifts, grants, and similar amounts not included above$404,048
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$484,048
Total Program Service Revenue$0
Investment income $3,540
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $21,785
Net Income from Fundraising Events $16,802
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $526,175

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