South Central Kansas Economic Development District Inc Sckedd
- Assets
- $7.5m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Bel Aire, KS
- Founding
- 01/1974
- Data as of
- 06/2024
- EIN
- 48-0791574
Organization Overview
South Central Kansas Economic Development District Inc Sckedd is located in Bel Aire, KS. The organization was established in 1974. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, South Central Kansas Economic Development District Inc Sckedd employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Central Kansas Economic Development District Inc Sckedd 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 06/2024, South Central Kansas Economic Development District Inc Sckedd generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $6.9m during the year ending 06/2024. While expenses have increased by 8.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A NON-PROFIT ORGANIZATION THAT BRINGS TOGETHER COMMUNITIES TO ADVOCATE ECONOMIC GROWTH. WE WORK TO IMPROVE THE QUALITY OF LIFE FOR THOSE WHO LIVE WITHIN OUR DESIGNATED 14-COUNTY AREA. WE TAKE ACTION BY PROVIDING SEVERAL GRANT AND LOAN OPPORTUNITES THAT HELP US REACH THESE GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEATHERIZATION-WEATHERIZATION CONSISTS OF TWO GRANT PROGRAMS ADMINISTERED BY THE ORGANIZATION. THESE PROGRAMS ARE FUNDED BY PASS-THROUGH GRANTS FROM THE KANSAS HOUSING RESOURCES CORPORATION WHICH ORIGINATE FROM THE U.S. DEPARTMENT OF ENERGY AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES. THE PRIMARY PURPOSE OF THE PROGRAMS IS TO ASSIST LOW INCOME PERSONS IN MAKING THEIR HOMES MORE ENERGY EFFICIENT.
EDA PROGRAM - GENERAL ECONOMIC DEVELOPMENT ACTIVITIES WHICH ARE FUNDED BY A FEDERAL GRANT FROM THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION.SBA MICROLOAN TECHNICAL ASSISTANCE AND TRAINING - INCLUDES ACCOUNTING, MARKETING, BASIC BUSINESS MANAGEMENT, AND EMPLOYEE CONCERNS FUNDED BY GRANTS FROM THE US SMALL BUSINESS ADMINISTRATION.
SCKEDD ROUTINELY ENTERS INTO CONTRACTS WITH LOCAL UNITS OF GOVERNMENT IN OUR FOURTEEN-COUNTY SERVICE AREA. SCKEDD ASSISTS IN THE COMPETITIVE BID PROCESS FOR FEDERAL AND STATE GRANT FUNDS. SCKEDD THEN ENTERS INTO AN ADMINISTRATIVE CONTRACT WITH THE ENTITY AFTER THE GRANT HAS BEEN AWARDED. CONTRACT ADMINISTRATION INCLUDES ALL DEALINGS BETWEEN PARTIES TO A CONTRACT FROM THE TIME A CONTRACT IS AWARDED UNTIL THE WORK HAS BEEN COMPLETED AND ACCEPTED OR THE CONTRACT TERMINATED, PAYMENT HAS BEEN MADE, AND DISPUTES HAVE BEEN RESOLVED. SCKEDD CURRENTLY ADMINISTERS GRANT CONTRACTS FROM: KANSAS DEPARTMENT OF COMMERCE'S COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) AND NEIGHBORHOOD STABILIZATION PROGRAM (NSP) PROGRAMS, USDA'S HOUSING PRESERVATION GRANT, EDA'S PUBLIC WORKS GRANTS FOR BUSINESS INFRASTRUCTURE NEEDS, AND STATE OF KANSAS CDBG MICROLOAN PROGRAMS FOR BUSINESSES IN SEVEN COUNTIES.SCKEDD ALSO ENTERS INTO CONTRACTS TO PROVIDE DIRECT ADMINISTRATIVE SUPPORT TO: NETWORK KANSAS FOR ITS MANY BUSINESS LOAN PROGRAMS, INCLUDING START UP KANSAS, CAPITAL MULTIPLIER, RBEG, AND NUMEROUS E-COMMUNITY FUNDS.
LOAN FUNDS & RELATED SERVICING - LOAN FUNDS CONSIST OF THE ACTUAL LOAN FUND AND LOAN LOSS RESERVE FUNDS FOR THE REVOLVING LOAN FUND PROGRAM, INTERMEDIARY RELENDING PROGRAM, MICROLOAN PROGRAM, RURAL BUSINESS DEVELOPMENT TAX CREDIT PROGRAM, RURAL BUSINESS ENTERPRISE GRANT, AND RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM. THE SERVICING ACTIVITY IS RELATED TO SERVICING SCKEDD'S REVOLVING LOAN FUND PROGRAM, INTERMEDIARY RELENDING PROGRAM AND MICROLOAN PROGRAMS AS WELL AS THE SBA 504 LOAN PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Alfaro Principal | Trustee | 1 | $0 |
Joseph Goedert Principal | Trustee | 1 | $0 |
Kevin Lowe Secretary/treasurer | OfficerTrustee | 5 | $0 |
Jessica Falk Principal | Trustee | 1 | $0 |
Hon Shari Kaminska Principal | Trustee | 1 | $0 |
Linda Snyder Principal | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,467 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,033,636 |
| 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 | $6,084,103 |
| Total Program Service Revenue | $901,783 |
| Investment income | $41,998 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,839 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,056,723 |
| 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. | $216,743 |
| Compensation of current officers, directors, key employees. | $25,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,555,334 |
| Pension plan accruals and contributions | $119,659 |
| Other employee benefits | $176,612 |
| Payroll taxes | $136,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,212 |
| Fees for services: Accounting | $38,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,784 |
| Fees for services: Other | $36,374 |
| Advertising and promotion | $1,126 |
| Office expenses | $32,119 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,449 |
| Travel | $107,901 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $64,504 |
| Interest | $23,036 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $200,246 |
| Insurance | $95,239 |
| All other expenses | $34,903 |
| Total functional expenses | $6,877,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,036 |
| Savings and temporary cash investments | $1,887,556 |
| Pledges and grants receivable | $302,589 |
| Accounts receivable, net | $52,026 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,270,202 |
| Inventories for sale or use | $27,806 |
| Prepaid expenses and deferred charges | $17,922 |
| Net Land, buildings, and equipment | $472,322 |
| Investments—publicly traded securities | $901,903 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $281,538 |
| Total assets | $7,504,900 |
| Accounts payable and accrued expenses | $118,972 |
| Grants payable | $0 |
| Deferred revenue | $345,808 |
| 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 | $965,090 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $253,403 |
| Total liabilities | $1,683,273 |
| Net assets without donor restrictions | $5,771,627 |
| Net assets with donor restrictions | $50,000 |
| 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 | $7,504,900 |