Black Hills Corporation Foundation
- Assets
- $5.3m
- Revenue
- $948.1k
- Investments
- $4.8m
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 75-2986866
Organization Overview
Black Hills Corporation Foundation is located in Rapid City, SD. The organization was established in 2002. 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. Black Hills Corporation Foundation 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 12/2022, Black Hills Corporation Foundation generated $948.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $859.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Val Simpson President | 7.5 | $0 | |
Jaf Karim Vice Pres | 0.25 | $0 | |
Josh Wosepka Treasurer | 0.75 | $0 | |
Linn Evans Director | 0.25 | $0 | |
Mark Stege Director | 0.25 | $0 | |
Todd Jacobs Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $632,617 |
| Interest on Savings | $32 |
| Dividends & Interest | $199,044 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,403 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $948,096 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,041 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,993 |
| Total operating and administrative expenses | $16,034 |
| Contributions, gifts, grants paid | $843,175 |
| Total expenses and disbursements | $859,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,575 |
| Savings and temporary cash investments | $327,375 |
| Net Accounts receivable | $112,033 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,523,758 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,265,781 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $112,034 |
| Total liabilities | $112,034 |