Sioux Valley Energy Customer Trust Inc is located in Colman, SD. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sioux Valley Energy Customer Trust Inc 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, Sioux Valley Energy Customer Trust Inc generated $159.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $139.3k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023, $135,991 WAS PAID TO NON-PROFITS, NEEDY ORGANIZATIONS AND YOUTH, BENEFITING PEOPLE IN SIX COUNTIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alvina Harvey President | 1 | $541 | |
Joyce Declerk Secretary | 1 | $500 | |
Jeff Thompson Vice President | 1 | $129 | |
Brenda Volkers Director | 1 | $560 | |
Connie Hillard Director | 1 | $418 | |
Greg Benda Director | 1 | $501 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $159,017 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $159,017 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,302 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2 |
Total expenses | $139,295 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $126,675 |
Other assets | $0 |
Total assets | $126,675 |
Total liabilities | $0 |
Net assets or fund balances | $126,675 |