Wessington Springs Area Chamber & Development
- Assets
- $75.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Wessington Springs, SD
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 46-0336659
Organization Overview
Wessington Springs Area Chamber & Development is located in Wessington Springs, SD. The organization was established in 1997. According to its NTEE Classification (S32) the organization is classified as: Rural Economic 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. Wessington Springs Area Chamber & Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY PROMOTIONS AND MARKETING EVENTS TO PROMOTE AND BENEFIT THE WESSINGTON SPRINGS COMMUNITY AND JERAULD COUNTY
Describe the Organization's Program Activity:
Part 3
BONUS BUCKS EXPENSE
SPECIAL FUNDS PASS THROUGH EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loree Gaikowski Coordinator | 15 | $27,390 | |
Quinten Burg Chairperson | 1 | $0 | |
Heather Larson Vice-Chair | 1 | $0 | |
Phil Wipf Director | 1 | $0 | |
Lynn Ogren Director | 1 | $0 | |
Mette Ness Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,833 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,000 |
| Investment income | $904 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,904 |
| Total Revenue | $118,641 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,445 |
| Professional fees and other payments to independent contractors | $9,833 |
| Occupancy, rent, utilities, and maintenance | $20,453 |
| Printing, publications, postage, and shipping | $11,255 |
| Other expenses | $59,895 |
| Total expenses | $130,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,327 |
| Other assets | $0 |
| Total assets | $75,787 |
| Total liabilities | $400 |
| Net assets or fund balances | $75,387 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wessington Springs Area Chamber & Development has recieved totaling $10,100.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Community welfare and betterment | $10,000 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATIONS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rural America Initiatives Rapid City, SD | $11,020,564 | $7,975,941 |
Western Organization Of Resource Billings, MT | $7,655,474 | $9,479,621 |
Dubois Community Project Inc Dubois, WY | $25,993 | $2,941 |
Community And Economic Development Associates Chatfield, MN | $1,658,001 | $2,830,781 |
Sharing Our Roots Northfield, MN | $1,750,092 | $967,957 |
Rural Electric Economic Development Inc Madison, SD | $44,957,084 | $2,458,763 |
Native360 Loan Fund Inc Grand Island, NE | $7,395,095 | $2,498,904 |
South Eastern Development Foundation Sioux Falls, SD | $22,464,210 | $4,520,935 |
North Central Planning Council Devils Lake, ND | $2,034,561 | $1,088,900 |
The Blessing Projects Moran, WY | $225,465 | $598,592 |
Center For Rural Policy And Development Mankato, MN | $628,188 | $663,588 |
Big Ideas Inc New Ulm, MN | $77,922 | $540,880 |