Caedc Foundation is located in Custer, SD. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caedc 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 12/2023, Caedc Foundation generated $28.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THROUGH SUPPORT OF THE FOUNDATION, CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORK TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tanya Olson President | 6 | $0 | |
Monni Karim Secretary | 3 | $0 | |
Phil Abernathy Treasurer | 3 | $0 | |
Jeff Prior Board Member | 2 | $0 | |
Brad Krush Board Member | 1 | $0 | |
Kelly Miller Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,884 |
Total Program Service Revenue | $5,420 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,304 |
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 | $1,438 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,038 |
Total expenses | $28,756 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,493 |
Other assets | $0 |
Total assets | $29,493 |
Total liabilities | $0 |
Net assets or fund balances | $29,493 |