Retailers Assn Of South Dakota is located in Pierre, SD. The organization was established in 1967. 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. Retailers Assn Of South Dakota 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 12/2021, Retailers Assn Of South Dakota generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENTING THE INTEREST OF RETAIL BUSINESSES WHO SELL RETAIL PRODUCTS AND SERVICES THROUGHOUT THE STATE OF SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTED THE INTERESTS OF RETAIL BUSINESSES ACROSS THE STATE OF SOUTH DAKOTA. NEARLY 4,000 RETAIL BUSINESSES WERE MEMBERS OF THE ASSOCIATION IN 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Travis Anderberg Secretary-Tr | OfficerTrustee | 1 | $0 |
Steve Beck President | OfficerTrustee | 1 | $0 |
Nathan Sanderson Executive Di | Officer | 40 | $0 |
Rf Buche Past Preside | Trustee | 1 | $0 |
Jenny Behlings Director | Trustee | 1 | $0 |
Gary Cammack Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $174,532 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $174,532 |
Total Program Service Revenue | $1,140,333 |
Investment income | $169,594 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,185 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,493,671 |
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 | $843,739 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,082 |
Fees for services: Lobbying | $63,900 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $26,095 |
Fees for services: Other | $0 |
Advertising and promotion | $42,624 |
Office expenses | $2,445 |
Information technology | $4,486 |
Royalties | $0 |
Occupancy | $19,500 |
Travel | $9,756 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $131,452 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,719 |
All other expenses | $36,206 |
Total functional expenses | $1,299,987 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,416 |
Savings and temporary cash investments | $89,844 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,182 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,459 |
Prepaid expenses and deferred charges | $6,057 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,860,833 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,000 |
Total assets | $4,068,791 |
Accounts payable and accrued expenses | $119,781 |
Grants payable | $0 |
Deferred revenue | $116,516 |
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 | $236,297 |
Net assets without donor restrictions | $3,832,494 |
Net assets with donor restrictions | $0 |
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 | $4,068,791 |
Over the last fiscal year, we have identified 2 grants that Retailers Assn Of South Dakota has recieved totaling $55,515.
Awarding Organization | Amount |
---|---|
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: ProStart Program | $35,515 |
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: Restaurant Ready Program | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Saint Paul Rivercentre Convention And Visitors Authority St Paul, MN | $10,775,339 | $12,198,491 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
Aca International Eagan, MN | $12,262,505 | $9,311,579 |
Minneapolis Downtown Improvement District Minneapolis, MN | $3,331,993 | $8,257,561 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Greater Des Moines Partnership Des Moines, IA | $8,726,466 | $7,643,877 |
Greater Sioux Falls Chamber Of Commerce Sioux Falls, SD | $10,050,793 | $7,933,347 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |
Minnesota Association Of Professional Employees Mape Shoreview, MN | $22,099,313 | $6,757,766 |
Wyoming Chambers Health Benefit Association Gillette, WY | $3,153,493 | $5,111,173 |
New Better Business Bureau Inc Omaha, NE | $8,883,722 | $5,104,852 |