Grow Spink Incorporated

Organization Overview

Grow Spink Incorporated is located in Redfield, SD. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Grow Spink Incorporated 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 12/2022, Grow Spink Incorporated generated $71.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $82.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY AND ECONOMIC DEVELOP- MENT AND CREATE A LIASON BETWEEN COUNTY AND CITY OFFICIALS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONIES ARE USED TO CLEAN UP PROBLEM AREAS AND PROVIDE AFFORDABLE HOUSING TO STIMULATE THE ECONOMIC GROWTH OF THE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Clayton Blachford
Secretary
$0
Sam Domke
Treasuer
$0
Gianna Schieffer
Executive Director
$48,000
Kevin Teigen
President
$0
Joe Morrissette
Director
$0
Kevin Siebrecht
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $64,828
All other contributions, gifts, grants, and similar amounts not included above$6,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$71,328
Total Program Service Revenue$0
Investment income $184
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 $71,512

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