Plankinton Community Development Company Inc
- Assets
- $141.4k
- Revenue
- $15.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Plankinton, SD
- Founding
- 01/1976
- Data as of
- 12/2020
- EIN
- 46-0322556
Organization Overview
Plankinton Community Development Company Inc is located in Plankinton, SD. The organization was established in 1976. 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. Plankinton Community Development Company Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Plankinton Community Development Company Inc generated $15.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $33.9k during the year ending 12/2020. While expenses have increased by 8.2% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
URBAN RENEWAL GRANT: THE PLANKINTON DEVELOPMENT CORPORATION, IN AN EFFORT TO CLEAN UP OVERGROWN AND VACANT LOTS AND UNINHABITABLE DWELLINGS WITHIN CITY LIMITS, HAS OFFERED A GRANT OF UP TO $2,500.00 TO INDIVIDUALS TO CLEAN UP SAID PROPERTIES.
HOUSING DEVELOPMENT: THE PLANKINTON DEVELOPMENT CORPORATION CONTINUES TO PROMOTE LAND FOR HOUSING DEVELOPMENT. THESE GRANTS ENCOURAGE RESIDENTS TO BUILD NEW HOMES AND IMPROVE THE COMMUNITY.
NEW BUSINESS GRANT: THE PLANKINTON DEVELOPMENT CORPORATION CONTINUES TO PROVIDE INCENTIVE GRANTS TO ENCOURAGE NEW BUSINESS/ECONOMIC DEVELOPMENT IN THE CITY OF PLANKINTON
BUSINESS PROMOTION: THE PLANKINTON DEVELOPMENT CORPORATION, IN AN EFFORT TO MAINTAIN BUSINESSES IN MAIN STREET BUILDINGS, BUYS MAIN STREET BUILDINGS FOR THE PURPOSE OF SEEKING NEW BUSINESS FOR SAID BUILDINGS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Erpenbach Vice President | OfficerTrustee | 0 | $0 |
Ronald L Kristensen President | Officer | 0 | $0 |
Steven J Bucher Secretary | Officer | 0 | $0 |
Clint Bultsma Treasurer | Officer | 0 | $0 |
Todd Everson Director | Trustee | 0 | $0 |
Jp Studeny Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| 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 | $15,000 |
| Total Program Service Revenue | $0 |
| Investment income | $762 |
| 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 | $15,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,449 |
| 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 | $905 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $304 |
| Office expenses | $89 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $315 |
| All other expenses | $0 |
| Total functional expenses | $33,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,020 |
| Savings and temporary cash investments | $126,105 |
| 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 | $14,246 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,371 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $141,371 |
| Total liabilities and net assets/fund balances | $141,371 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakes And Pines Community Action Council Inc Mora, MN | $3,434,723 | $9,795,071 |
Rocky Mountain Development Council Inc Helena, MT | $19,568,493 | $12,980,509 |
Center For People In Need Inc Lincoln, NE | $4,396,742 | $7,753,507 |
Kootasca Community Action Inc Grand Rapids, MN | $3,733,183 | $8,667,071 |
St Paul Auto Dealers And District 77 Lodge Iamaw Joint Fund Bloomington, MN | $6,441,158 | $6,840,517 |
Community Facility Public Private Partnerships Minnetonka, MN | $139,342,573 | $6,847,373 |
Emerge Community Development Minneapolis, MN | $6,688,888 | $6,982,216 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Southwestern Minnesota Opportunity Council Inc Worthington, MN | $6,681,573 | $5,602,564 |
Thunder Valley Community Development Corporation Porcupine, SD | $24,786,426 | $14,048,128 |
South Central Iowa Community Action Program Inc Chariton, IA | $1,633,928 | $5,339,343 |
Western South Dakota Community Action Inc Rapid City, SD | $273,358 | $4,989,303 |