South Dakota Ethanol Producers Assn Inc
- Assets
- $63.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 05/2003
- Data as of
- 12/2021
- EIN
- 75-3066854
Organization Overview
South Dakota Ethanol Producers Assn Inc is located in Sioux Falls, SD. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. South Dakota Ethanol Producers Assn Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, South Dakota Ethanol Producers Assn Inc generated $105.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $66.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SOUTH DAKOTA ETHANOL PRODUCERS IS A MEMBERSHIP ASSOCIATION OF INDIVIDUALS AND ENTITIES THAT PRODUCE BIOETHANOL OR ARE INTERESTED IN THE PROMOTION OF ITS USE AND DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Wendland Secretary | 5 | $0 | |
Dana Siefkes-Lewis President | 5 | $0 | |
Blaine Gomer Vice Pres & | 5 | $0 | |
Doug Berven Executive Di | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,165 |
| Total expenses | $66,830 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,311 |
| Other assets | $0 |
| Total assets | $63,311 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,311 |
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